Press release
Micromobility Market Valued at USD 52.39 Billion in 2023, Set to Expand to USD 162.00 Billion by 2030 with a 17.5% CAGR
Micromobility Market
Micromobility Market size was valued at US$ 52.39 Billion in 2023 and the total Micromobility Market revenue is expected to grow at 17.5% through 2024 to 2030, reaching nearly US$ 162.00 Billion.
Micromobility Market Overview:
Micromobility is a growing transportation sector that includes commuting using a variety of lightweight vehicles such as electric scooters, electric skateboards, and electric bicycles. Factors such as increasing traffic congestion, rising oil and gas prices, ease of parking and saturation in the auto sector are expected to drive the market growth during the forecast period. In addition, factors such as the growth of e-bikes and e-scooter rental and sharing services around the world are expected to create new opportunities for micro-mobility in the coming years. Micromobility market is expected to register CAGR of 17.5% during the forecast period.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Micromobility-Market/495
What are Micromobility Market Dynamics?
Significant increase in carpooling preference among car-poolers is a key factor contributing to the growth of carpooling and carpooling. In addition, the proliferation of services offered by major players in the micromobility market, including Uber and Ola, and the ability to choose convenient pick-up and drop-off locations are encouraging consumers to choose services. Carpooling and carpooling. In addition, the significant increase in the number of carpooling services and many carpooling services such as bike sharing and car sharing even for short distances are driving the growth of micro mobile market. In addition, carpooling service providers offer benefits such as affordable door-to-door pickup and drop-off, passenger travel information, and greater convenience than service providers. Traditional carpooling. This will boost demand for carpooling services. In addition, several service providers offer various facilities, offers, and discounts, such as monthly pass on shared ride, to reduce the expenses of daily commuters.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
What is Micromobility Market Regional Insight?
In 2023, the Asia Pacific region dominated the micromobility market, accounting for more than 45% of worldwide revenue. The majority of micromobility car manufacturers are based in Asia Pacific, Europe, and North America. These companies make money by selling their products around the world, either through their own distribution channels or through OEMs. Governments in countries like India, China, and Japan are establishing standards and rules for vehicle charging infrastructure, which is likely to boost regional market growth. Furthermore, over the projection period, Asia Pacific is expected to be the fastest-growing regional market.
The demographic characteristics of consumers vary by area. Drivers of electric kick scooters in North America and Europe tend to see them as a way of life, but those in Latin America, the Middle East and Africa, and Asia Pacific see them as a practical mode of transportation. Consumer happiness, which can be measured using a variety of metrics such as performance, maintenance costs, and durability, is a critical consideration for businesses looking to keep or gain new consumers. Vendors attempting to attract customers during the debut of any car, on the other hand, focus on two primary factors: design/style and specifications. Micromobility may theoretically include all passenger travels of fewer than 8 kilometres (5 miles), which represent for 50 to 60% of total passenger miles travelled in China, Europe, and the United States today. Micromobility solutions, for example, may cover around 20% of public transportation travel (in addition to addressing the first- and last-mile gap) as well as all journeys taken by private bike, moped, scooter, or foot today.
What is Micromobility Market Segmentation?
by Vehicle Type
Skateboards
Hover board
Low Speed EVs
Segway
Mopeds and Scooters
E-kick scooters
Bicycles
by Battery Type
Sealed Lead Acid
NiMH
Li-ion
By Sharing Type
Dockless
Docked
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ!https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
Some of the current players in the Micromobility Market are:
Yadea Technology Group Co., Ltd. (China)
JIANGSU XINRI E-VEHICLE CO., LTD. (China)
Xiaomi (China)
SEGWAY INC. (USA)
SWAGTRON (USA)
Boosted USA (USA)
Airwheel Holding Limited (USA)
YAMAHA MOTOR CO., LTD. (Japan)
Accell Group (Netherlands)
Derby Cycle (Germany)
Beam Mobility Holdings PTE. Ltd (Singapore)
Bird Rides (USA)
DOTT (Netherlands)
Electricfeel (Switzerland)
Key Offerings:
Past Market Size and Competitive Landscape
Micromobility Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Micromobility Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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Latest Trends In Global Micromobility Market
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 exampleโฆ
Latest Trends In Global Micromobility Market
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.
Request for Sample@ https://mobilityforesights.com/product/micromobility-market/
It first started with Ride hailing taxis in the US in 2009, moved on to the bikeโฆ
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.
To receiveโฆ
E-Bikes Dominated the Japan Micromobility Market
The Japanese micromobility market is a growing and it will grow at a rate of 78.7% in the years to come, to reach a value of USD 11,663 million by 2030, as per a report by a market research firm P&S Intelligence in one of its reports.
E-bikes had the largest share in the industry in Japan in the past. This has a lot to do with fact that e-bike sharingโฆ
The Popularity of Micromobility Sporting Requirement for Micromobility Telematic โฆ
Micromobility services, which offer alternatives for transportation across lengths of up to 5 km, are crucial in bridging the first- and last-mile connection gap. These services are provided using station-based, dockless, or hybrid models, allowing commuters to leave their cars wherever it is most convenient for them.
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 fromโฆ
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.
To receive free sample pages of this report: https://www.psmarketresearch.com/market-analysis/malaysia-micromobility-market/report-sample
For instance, due to their capacity to offer affordable transportation, bike-sharing programsโฆ
