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Micro Mobility Market Size, Share, Growth, Trends, Competitive, Regional Analysis, Opportunities And Strategies - Global Forecast To 2032
Micro Mobility Market
The Business Research Company's latest "Global Micro Mobility Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global micro mobility market reached a value of nearly $43,628.8 million in 2022, having grown at a compound annual growth rate (CAGR) of 12.4% since 2017. The market is expected to grow from $43,628.8 million in 2022 to $110,656.2 million in 2027 at a rate of 20.5%. The market is then expected to grow at a CAGR of 22.1% from 2027 and reach $300,434.7 million in 2032.
Micro mobility refers to the transportation over short distances provided by lightweight vehicles operating at speeds typically below 45 km/h (kilometers per hour) or 25 mph (miles per hour). Micro mobility includes a range of small, low-speed, human-powered or electric vehicles, including bicycles, scooters, foot-operated bicycles, electric scooters (e-scooters) and other small light and wheeled vehicles.
Use of artificial intelligence (AI) is a key trend in the micro mobility market. AI is being used to allow scooters to 'see' their rider's surroundings and make decisions for them in real-time. For example, in May 2023, Tier, a German shared micro mobility provider, launched AI technology in the UK, which aims to improve the safety and sustainability of its e-scooters and reduce costs.
Micro Mobility Market Segmentation:
1.By Speed -
The micro mobility market is segmented by speed into
a) Up To 25 Km/H (Kilometers Per Hour)
b) 25-45 Km/H (Kilometers Per Hour).
By Propulsion -
The micro mobility market is segmented by propulsion into
c) Human powered
d) Electrically powered
2. By Sharing Type -
The micro mobility market is segmented by sharing type into
a) Docked
b) Dock-less
3. By Ownership -
The micro mobility market is segmented by ownership into
a) Business to consumers
b) Business to business
Some of the key players involved in the Micro Mobility market are Yadea Technology Group Co. Ltd, Xiaomi Corp, Ninebot Ltd, Jiangsu Xinri E-Vehicle Co Ltd, Meituan.
The regions covered in the global Micro Mobility market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.....
19. Competitive Landscape And Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Micro Mobility Market, Conclusions And Recommendations
23. Appendix
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