Press release
Micromobility Market to Generate $214.57 billion by 2030 | Beam Mobility Holdings PTE. Ltd, Bird Rides, DOTT
Micromobility Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A11372
The global micromobility market was valued at $44.12 billion in 2020, and is projected to reach $214.57 billion by 2030, registering a CAGR of 17.4% from 2021 to 2030.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
Beam Mobility Holdings PTE. Ltd
Bird Rides
DOTT
Electricfeel
Floatility GmbH
Lime
Neuron
VOI
Yulu Bikes Pvt. Ltd
Zagster
However, increase in bike vandalism & theft and low rate of internet penetration in developing regions hamper the market growth. On the contrary, smart transportation systems and rise in government initiatives for the development of bike-sharing infrastructureare expected to open new opportunities for the market players in the future.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/42d86425114ecb0a55b879e37e809dca
Micromobility refers to a range of small, lightweight vehicles operating at a speed of not more than ~15 miles per hour (25 kmph) and considered ideal for commuting within ~10 km range. This actively includes the usage of different types of vehicles such as bicycles, e-bikes, electric scooters, electric skateboards, shared bicycles, and electric pedal assisted bicycles and others. Continuous developments carried out across the globe toward developing smart cities & vehicle infrastructure have created numerous opportunities for the growth of the global micromobility market. Moreover, the presence of different service provider companies followed by their investments & developmental strategies has attracted numerous small vehicles fleet owners to collaborate toward supporting the concept of micromobility.
The report offers an analysis of the global micromobility market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the lion's share in 2020, accounting for more than half of the market. However, the market across LAMEA is anticipated to showcase the highest CAGR of 25.8% during the forecast period.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A11372
Factors, such as rise in trend of on-demand transportation services, rapid urbanization and local commute requirements, government initiatives for smart cities, increasing government initiatives for the development of bike-sharing infrastructure and rise in venture capital and strategic investments, supplement the growth of the micromobility market.
On the basis of propulsion type, the electrically powered segment held the lion's share in 2020, contributing to around three-fourths of the market, and is expected to continue its dominant share in terms of revenue by 2030. Moreover, this segment is estimated to portray the highest CAGR of 17.9% from 2021 to 2030.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A11372
Presently, the global micromobility industry is dominated by Asia-Pacific followed by Europe, North America, and LAMEA. Asia-Pacific is expected to maintain its dominance in the global market particularly by China, South Korea, and Japan owing to rapid urbanization and growing demand for on-demand transportation services.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Bike Rental Market - https://www.alliedmarketresearch.com/bike-rental-market-A09610
Automotive Paints Market - https://www.alliedmarketresearch.com/automotive-paints-market
Family Car Market - https://www.alliedmarketresearch.com/family-car-market-A10767
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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
