Press release
Micromobility Rentals Market Giants Spending is going to Boom | Nextbike, Cityscoot, Bird, Mobike
Micromobility Rentals Market
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Key Players in This Report Include: Lime (United States), eCooltra (Spain), Lyft (United States), Skip (Australia), COUP (United States), Nextbike (Germany), Cityscoot (France), Bird (United States), Mobike (China), Spin (United States), Bolt (Estonia) and Hopr (United States)
Definition: Micromobility is the term for short-distance travel, often under five miles. It is being used as a colloquialism for the expanding number of bike- and scooter-sharing businesses that are poised to transform the urban environment. Most journeys people make nowadays fall into the category of micromobility due to increased urbanisation, making bikes and scooters ideal transportation options. About 60% of all journeys made in the US are 5 miles or less. The business opportunity also keeps expanding as consumers profit from this escalating tendency. Since 2017, investors have invested USD 14 billion worldwide in firms that focus on micromobility.
In August 2022, Rental car giant Hertz announced their new partnership with Polestar to buy up to 65,000 electric vehicles over the next five years. Now, Polestar 2 EVs are available for Australians to rent through Hertz across many parts of the country.
Market Drivers:
Rise of Micromobility as a Budget-Friendly Mode of Transportation and Sustainable and Technologically Advanced Mobility
Market Trends:
Demand for User Flexibility and Expansion of Geographic Location and Designated Parking Stations and Addressable of First and Last Mile Problem
Market Opportunities:
Growing Traffic Congestion on Roads and Adoption of Electrically Powered Vehicles
The Global Micromobility Rentals Market segments and Market Data Break Down are illuminated below:
by Type (Bike, Scooter, Others), Propulsion (Gasoline, Electric, Pedal, Others), Operational Mode (Dockless, Station-Based), Service (Pay as You Go, Subscription-Based)
Global Micromobility Rentals market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Micromobility Rentals market by value and volume.
-To estimate the market shares of major segments of the Micromobility Rentals
-To showcase the development of the Micromobility Rentals market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Micromobility Rentals market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Micromobility Rentals
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Micromobility Rentals market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Micromobility Rentals Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Micromobility Rentals market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Micromobility Rentals Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Micromobility Rentals Market Production by Region Micromobility Rentals Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Micromobility Rentals Market Report:
Micromobility Rentals Overview, Definition and Classification Market drivers and barriers
Micromobility Rentals Market Competition by Manufacturers
Impact Analysis of COVID-19 on Micromobility Rentals Market
Micromobility Rentals Capacity, Production, Revenue (Value) by Region (2021-2027)
Micromobility Rentals Supply (Production), Consumption, Export, Import by Region (2021-2027)
Micromobility Rentals Production, Revenue (Value), Price Trend by Type {Bike, Scooter, Others}
Micromobility Rentals Market Analysis by Application
Micromobility Rentals Manufacturers Profiles/Analysis Micromobility Rentals Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content @ https://www.advancemarketanalytics.com/reports/180420-global-micromobility-rentals-market#utm_source=OpenPR/Suraj
Key questions answered
How feasible is Micromobility Rentals market for long-term investment?
What are influencing factors driving the demand for Micromobility Rentals near future?
What is the impact analysis of various factors in the Global Micromobility Rentals market growth?
What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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New Jersey USA - 08837
Phone: +1 (551) 333 1547
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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Micromobility refers to a mode of transportation that involves lightweight, small-scale vehicles designed for short-distance travel within urban or suburban areas.
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