Press release
The Future of Sustainable Transportation: Embracing Micromobility
Drivers, restraints, and opportunities-
Rise in the trend of on-demand transportation services, surge in government initiatives for smart cities, and increase in strategic investments drive the growth of the global micromobility market. On the other hand, low rate of internet penetration in the developing regions and surge in bike vandalism & theft restrain the growth to some extent. However, high-end transportation system and rising government initiatives for the development of bike-sharing infrastructure are expected to create lucrative opportunities in the industry.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/11737
COVID-19 scenario-
Rapid spread of the disease led to a negative impact on the global automotive industry, with a downturn in demand for new and old vehicles, especially during the initial period. This, in turn, affected the growth of the micromobility market.
However, the global situation is getting back on track slowly & steadily, and the market is anticipated to revive soon.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/11737
The electrically powered segment to dominate by 2030-
Based on propulsion type, the electrically powered segment contributed to more than three-fourths of the global micromobility market share in 2020, and is anticipated to rule the roost by 2030. The same segment would also register the fastest CAGR of 17.9% throughout the forecast period. This is attributed to increased adoption of electrically powered vehicles across the world.
The docked segment to maintain the dominant share-
Based on sharing type, the docked segment accounted for more than three-fifths of the global micromobility market revenue in 2020, and is expected to lead the trail by 2030. The same segment would also grow at the fastest CAGR of 18.0% during the forecast period. This is due to the fact that with the docked sharing option on board, the user is no longer responsible for the bicycle when the trip is finished, thereby minimizing user liability.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐ก๐ ๐๐๐ญ๐? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ https://www.alliedmarketresearch.com/micro-mobility-market/purchase-options
Asia-Pacific, followed by Europe and North America garnered the major share in 2020-
Based on region, Asia-Pacific, followed by Europe and North America garnered the major share in 2020, holding more than half of the global micromobility market, owing to increased adoption of advanced transportation across Asian countries. However, the market across LAMEA would cite the fastest CAGR of 25.9% from 2021 to 2030, due to the investments & developments carried out by global companies across the region to support the micromobility infrastructure.
Key players in the industry-
Bird
Floatility GmbH
Electricfeel
Lime
Beam Mobility Holdings
Neuron Mobility
Dott
VOI
Yulu
Zagster
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ & ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
Mobility on Demand Market- https://www.alliedmarketresearch.com/mobility-on-demand-market
Electric Mobility Scooter Market- https://www.alliedmarketresearch.com/electric-mobility-scooter-market
Mobility-as-a-Service Market- https://www.alliedmarketresearch.com/mobility-as-a-service-market
Smart Mobility Market- https://www.alliedmarketresearch.com/smart-mobility-market-A06658
Shared Mobility Market- https://www.alliedmarketresearch.com/shared-mobility-market-A10179
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