Press release
Micromobility Market Analysis Predicts Expansion to USD 223.66 Billion by 2032
Micromobility Market
๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Micromobility encompasses lightweight transportation solutions, including electric scooters, bicycles, and skateboards, offering efficient alternatives to traditional vehicles. This market addresses key challenges such as traffic congestion, rising fuel prices, and urban saturation. The growing popularity of e-bike and e-scooter sharing services is further driving market expansion, creating transformative opportunities in urban mobility worldwide.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
Key drivers of the micromobility market include:
Venture Capital Investments: Over $5.7 billion invested in micromobility startups since 2015, with strong growth in shared mobility solutions.
Economic Viability: Low acquisition costs for vehicles like e-scooters, which break even in under four months, compared to traditional car-sharing solutions.
Consumer Convenience: Benefits such as affordable door-to-door services, reduced commuting expenses, and eco-friendly options are attracting urban commuters.
๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The micromobility sector is witnessing rapid growth due to increased adoption of electric bicycles and scooters, driven by urban consumers' preference for eco-friendly and cost-effective commuting options. Investments in infrastructure, such as dedicated cycling lanes in major cities like Paris and Milan, and innovative sharing models are reshaping urban transportation. Post-pandemic consumer behavior indicates a resurgence in micromobility usage, with shared and private micromobility solutions expected to surpass pre-crisis levels.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/enquire_now/Micromobility-Market/495
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's micromobility market is expanding due to high urbanization rates and government initiatives promoting eco-friendly transport. Recent developments include partnerships between VinFast and international e-scooter brands to enhance infrastructure. The market is expected to grow at a CAGR of 14%, driven by increased adoption in urban centers like Ho Chi Minh City and Hanoi.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's micromobility sector is gaining traction, with major players like Grab and Bolt launching pilot programs for e-scooter sharing. Key trends include a focus on tourism-centric services and integration with public transit systems. The government's investments in smart cities also bolster market growth.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's dense urban areas present significant opportunities for micromobility. Companies like Panasonic and Yamaha are innovating in battery technology and compact vehicle design. The market is projected to grow at a CAGR of 11%, supported by government subsidies for EV adoption and a strong focus on reducing traffic congestion.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's tech-savvy population and advanced infrastructure make it a promising market for micromobility. Companies like Kakao Mobility and Hyundai are investing in AI-powered fleet management systems. Recent government regulations encouraging electric vehicles have further stimulated market expansion.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's focus on sustainable urban mobility is driving the adoption of micromobility solutions. Companies like Neuron Mobility are at the forefront, offering e-scooter sharing services. The Land Transport Authority's policies favoring eco-friendly transportation modes are expected to fuel a CAGR of 13% in the market.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The U.S. micromobility market is thriving, led by companies like Bird, Lime, and Spin. Key opportunities lie in expanding services to suburban areas and integrating with ride-hailing platforms. Recent acquisitions, such as Uber's purchase of Jump, highlight consolidation trends.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's micromobility market is diverse, with strong growth in countries like Germany, France, and the Netherlands. Companies like Tier Mobility and Voi Technology are scaling operations through strategic partnerships. The European Union's Green Deal is a key driver, aiming to reduce carbon emissions and promote sustainable transportation.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Vietnam: VinFast unveiled a new line of e-scooters with advanced battery technology in collaboration with global suppliers.
Thailand: Partnerships between Grab and local governments have led to e-scooter docking stations in tourist hubs.
Japan: Panasonic introduced a compact, foldable e-bike tailored for urban commuters.
South Korea: Hyundai announced plans to launch an autonomous e-scooter pilot in Seoul.
Singapore: Neuron Mobility expanded its fleet with AI-enabled safety features.
United States: Bird rolled out a subscription-based model targeting long-term users.
Europe: Tier Mobility secured funding to expand into Eastern Europe.
The micromobility market's dynamic nature and potential for growth make it a key area of focus for investors and companies alike. As countries adopt innovative solutions and integrate micromobility into urban planning, the sector is poised for exponential growth.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐๐ซ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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)
Floatility GmbH (Germany)
Lime (USA)
Neuron
VOI
Yulu Bikes Pvt. Ltd (China)
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Micromobility-Market/495
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Process Analyzer Market https://www.stellarmr.com/report/Process-Analyzer-Market/488
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โฆ Furniture Market https://www.stellarmr.com/report/Furniture-Market/506
โฆ Industrial Power Transmission Market https://www.stellarmr.com/report/Industrial-Power-Transmission-Market/524
โฆ Carbon Composite Hydrogen Tanks Market https://www.stellarmr.com/report/Carbon-Composite-Hydrogen-Tanks-Market/553
โฆ Mauritius Travel and Tourism Market https://www.stellarmr.com/report/Mauritius-Travel-and-Tourism-Market/575
โฆ Malta Microprocessor and GPU Market https://www.stellarmr.com/report/Malta-Microprocessor-and-GPU-Market/633
โฆ Coffee Production Market https://www.stellarmr.com/report/Coffee-Production-Market/667
โฆ Firefighter Personal Protective Equipment (PPE) Market https://www.stellarmr.com/report/Firefighter-Personal-Protective-Equipment--PPE--Market/680
โฆ Restaurant Management Software Market https://www.stellarmr.com/report/Restaurant-Management-Software-Market/687
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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