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Global Micro-Mobility Market: Research In-Depth Analysis, Applications, Forecast To 2032
Micro-Mobility Market
Micro-Mobility Market Size, Growth Rate, And Forecast
The global micro-mobility market size is expected to grow from $43.85 billion in 2022 to $52.31 billion in 2023 at a compound annual growth rate (CAGR) of 19.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global micro-mobility market size is expected to grow to $102.14 billion in 2027 at a CAGR of 18.2%.
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Micro-Mobility Market Drivers
Increasing demand for public transportation is expected to propel the growth of the micro-mobility market going forward. Public transportation is a mode of local transportation that allows more people to travel together along specified routes that include buses, trains, and metros. Micro-mobility facilitates and streamlines people's movement or mobility inside a populated region, enhances individual movement, and provides users with simpler access to transportation. Additionally, urbanization has also favored the demand for micro-mobility as more and more people will require access to transportation.
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Micro-Mobility Market Segments
1) By Type: Bicycles, E-Bikes, E-Kick Scooters, Other Types
2) By Speed: Up To 25 Kmph (kilometres per hour), 25-45 Kmph (kilometres per hour)
3) By Propulsion: Human Powered, Electrically Powered
4) By Sharing Type: Docked, Dock-Less
5) By Ownership: Business To Business, Business To Consumers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Micro-Mobility Market.
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Micro-Mobility Market Key Players
Major competitors in the Micro-Mobility Market include Yadea Technology Group Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Xiaomi Corp., Segway Inc., Swagtron, Boosted USA, Airwheel Holding Limited, Yamaha Motor Co. Ltd., Accell Group N.V., Derby Cycle AG, Lime (Neutron Holdings Inc.), Bird Rides Inc., ElectricFeel AG, Floatility GmbH, Beam Mobility Holdings Pte. Ltd., Dott, Yulu Bikes Pvt. Ltd., and Voi Technology AB
The Business Research Company's "Global Micro-Mobility Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Micro-Mobility Market Include:
1. Executive Summary
2. Micro-Mobility Market Characteristics
3. Micro-Mobility Market Trends And Strategies
4. Micro-Mobility Market - Macro Economic Scenario
5. Micro-Mobility Market Size And Growth
.......
26. Africa Micro-Mobility Market
27. Micro-Mobility Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Micro-Mobility Market
29. Micro-Mobility Market Future Outlook and Potential Analysis
30. Appendix
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