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Micromobility Market to See Massive Growth by 2029
Micromobility Market
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Additionally, the growing investment and cooperation of the government in promoting micromobility transportation as an eco-friendly alternative to public transportation in urban areas is another factor anticipated to drive the demand for a micromobility transportation system during the forecast period. For instance, in July 2022, Neuron Mobility Pte. Ltd. partnered with Transport for New South Wales and Western Sydney Parklands for the state's e-scooter trials. Apart from this, in December 2021, Voi Technology raised $115 million in an oversubscribed, convertible, and debt financing round that will enable Voi to continue expanding its mobility platform into new markets next year.
full report of Micromobility Market available @ https://www.omrglobal.com/industry-reports/micromobility-market
• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Micromobility Market Report Segment
By Type
• Electric Kick Scooters
• Electric Skateboards
• Electric Bicycles
By Battery Type
• Lead-acid
• Nicked Metal
• Hydride
• Lithium-Ion
Global Micromobility Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global micromobility market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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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.
These vehicles are typically compact, easy to maneuver, and well-suited for covering relatively short distances, often referred to as the "last mile" or "first mile" of a journey.
Micromobility solutions have gained prominence as cities seek to address issues related to congestion, pollution, and limited urban space.
One real-world example…
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Private car ownership has been the most common and preferred way of moving people from point A to point B. But, over the past few years with the rise of Mobility-as-a-service, even car companies want to be a complete Mobility service provider in order to keep pace with changing consumer behaviour.
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It first started with Ride hailing taxis in the US in 2009, moved on to the bike…
Micromobility Telematics Market Analysis, Trends, and Forecasts
Some of the key factors propelling the micromobility telematics market expansion are the growing need for first- and last-mile transportation, substantial expenditures on micromobility, and rising demand for micromobility services.
Due to all these factors, the market is projected to reach $13,010.4 million by 2030. The market is anticipated to grow quickly because of the quick integration of locking mechanisms, network services, smartphone connections, and fleet optimization into such services.
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E-Bikes Dominated the Japan Micromobility Market
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Therefore, these models make it easier to connect last- and first-mile transportation. For shorter trips, kick scooters, scooters/motorcycles, and bike-sharing services are available from…
Shared Micromobility Services Will Influence Malaysia Micromobility Market
Due to their low costs and capacity to offer more convenience than traditional mobility services, micromobility services are becoming increasingly popular in Malaysia for last- and first-mile commuting. These services are typically offered using a station-less or dock-less paradigm, allowing clients to drop off their cars wherever it is most convenient.
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