Press release
Micro-mobility Charging Infrastructure Market Analysis, Size, Status And Forecast To 2024-2033
Micro-mobility Charging Infrastructure Market
The Business Research Company presents an extensive market research report on the Micro-mobility Charging Infrastructure Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The micro-mobility charging infrastructure market size has grown exponentially in recent years. It will grow from $5.66 billion in 2023 to $7.06 billion in 2024 at a compound annual growth rate (CAGR) of 24.9%. The growth in the historic period can be attributed to business viability and market competition, user experience enhancement, consumer adoption and demand, emergence of micro-mobility services, urbanization and last-mile solutions.
The micro-mobility charging infrastructure market size is expected to see exponential growth in the next few years. It will grow to $16.36 billion in 2028 at a compound annual growth rate (CAGR) of 23.4%. The growth in the forecast period can be attributed to market competitiveness and demand, smart city initiatives, user convenience, environmental concerns, integration with public transport networks. Major trends in the forecast period include financial viability and roi, urbanization and congestion solutions, environmentally conscious solutions, collaboration with urban planners.
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Key Market Players:
Major companies operating in the micro-mobility charging infrastructure market report are Ather Energy Private Limited, Bike-energy GmbH, Bikeep Inc., Flower Turbines Inc., Giulio Barbieri SRL, Ground Control Systems Inc., Magment GmbH, Perch Mobility Inc., Robert Bosch GmbH, Solum PV S.L., Swiftmile Inc., The Mobility House GmbH, GetCharged Inc., Charge-e Inc., Greenspot EV Charging, Tritium Pty Ltd., Webasto SE, ABL Group B.V., Alfen N.V., Ampcontrol Pty Ltd, Blink Charging Co., ChargeLab Ltd., CIRCONTROL S.A., Delta-Q Technologies Corporation, Ekoenergetyka-Polska Sp. z o.o., EVoCharge B.V., FLO Services Inc., GreenFlux B.V., innogy SE, KEBA AG, Leviton Manufacturing Company Inc.
Market Drivers:
The rising adoption of e-scooters and e-bikes is expected to propel the micro-mobility charging infrastructure market going forward. An electric bike or e-scooter is a conventional bike with an electric motor to assist the action of the pedals, making cycling less stressful or replacing pedalling. The social distancing being the best line of defense against COVID-19, there has recently been a sudden increased demand for personal e-mobility. Furthermore, Climate change and the need to attain net-zero emissions are pushing the global shift to emission-free transportation. These adoptions result in greater production of e-vehicle, thus increasing the demand for micro-mobility charging infrastructure. For instance, in October 2021, Niu Technologies, a China-based electric scooter company, in there third quarter of 2021, e-scooter sales volume was 397, 079 representing a 58.3% year-over-year growth. Furthermore, the YTD (Year-to-date) sales volume in 2021 was 799726. Therefore, the rising adoption of e-scooters and e-bikes will drive the micro-mobility charging infrastructure market.
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https://www.thebusinessresearchcompany.com/report/micro-mobility-charging-infrastructure-global-market-report
The micro-mobility charging infrastructure market covered in this report is segmented -
1) By Type: Wired, Wireless
2) By Vehicle Type: E-Scooters, E-Bikes, E-Unicycles, E-Skateboards
3) By Source: Solar Powered, Battery Powered
4) By End-Users: Residential, Commercial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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