Micro-mobility Market Size and Growth Outlook to Reach USD 243.22 Billion by 2030

The 𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 79.12 Billion in 2023 and is expected to grow at a CAGR of 17.4 % from 2024 to 2030, reaching nearly USD 243.22 Billion.

𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The micro-mobility market is experiencing rapid growth as urban areas increasingly adopt eco-friendly and efficient transportation solutions to combat traffic congestion and reduce emissions. Micro-mobility encompasses small, lightweight vehicles such as electric scooters, bicycles, and e-bikes designed for short-distance travel at speeds below 25 km/h (15.53 mph). It serves as a critical first/last mile solution, bridging gaps between public transit stops and commuters' final destinations. Innovations in electric vehicle technology and the rise of shared mobility platforms have accelerated the adoption of micro-mobility, making it a preferred alternative for urban transportation. The sector's growth is further fueled by substantial venture capital investments and the expansion of key players such as Lime, Bird, and Voi Technology.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.maximizemarketresearch.com/request-sample/65111/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭:

One of the key drivers of the micro-mobility market is the increasing need for sustainable urban transportation solutions. With rising concerns over air pollution and carbon emissions, governments and municipalities are encouraging the adoption of eco-friendly alternatives to traditional vehicles. Micro-mobility solutions, powered by electric technology, offer an efficient and environmentally friendly way to address these challenges, especially in densely populated urban areas. Additionally, the affordability of micro-mobility options compared to car ownership is attracting a growing number of users.

Another significant driver is the integration of advanced technologies into micro-mobility solutions. Features such as GPS tracking, IoT-enabled smart locks, and mobile app integration have enhanced the convenience and safety of shared mobility services. Moreover, the growing investment in infrastructure, including dedicated bike lanes and charging stations, is supporting the widespread adoption of micro-mobility across cities. The emergence of shared micro-mobility platforms, backed by substantial venture capital funding, is further propelling the market's growth.

𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:

The micro-mobility market is witnessing significant trends, such as the rise of subscription-based and shared mobility models, making it easier for users to access vehicles without upfront costs. Additionally, electric two-wheelers, such as e-scooters and e-bikes, are becoming increasingly popular due to advancements in battery technology that extend range and reduce charging times. The adoption of micro-mobility is also being driven by city-level regulations and incentives aimed at promoting sustainable transportation. Furthermore, partnerships between micro-mobility providers and public transit systems are fostering multimodal transportation solutions, enhancing accessibility and reducing commuter travel time.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐓𝐲𝐩𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧?

The Micro-mobility Market, segmented by propulsion type, is expected to exhibit significant growth across human-powered and electric-powered segments. The electric-powered segment is anticipated to dominate the market, driven by advancements in battery technology, increasing consumer preference for eco-friendly options, and government incentives promoting electric vehicles. E-scooters and e-bikes, in particular, are witnessing robust demand due to their efficiency and convenience in urban areas. The human-powered segment, including bicycles, continues to grow steadily as fitness-conscious consumers and cost-effective solutions remain attractive, especially in regions with well-developed cycling infrastructure. Both segments are expected to expand as cities worldwide prioritize sustainable and efficient transportation solutions.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐓𝐨𝐝𝐚𝐲 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/inquiry-before-buying/65111/

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam is rapidly emerging as a key market for micro-mobility solutions, driven by urbanization and increasing concerns over air pollution. The rise of local startups and partnerships with global players like 𝐁𝐞𝐚𝐦 and 𝐆𝐫𝐢𝐧 has bolstered the adoption of shared e-scooters and bicycles in the country. Government initiatives to promote electric vehicles and enhance urban mobility infrastructure further support market growth in Vietnam.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's micro-mobility market is experiencing significant growth, particularly in the adoption of electric scooters and bicycles. The Thai government's investments in smart city projects and the expansion of bike lanes in urban areas have encouraged the use of micro-mobility solutions. Companies like 𝐕𝐨𝐠𝐨 and 𝐃𝐨𝐭𝐭 are collaborating with local partners to introduce affordable and efficient transportation options tailored to the Thai market.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan, known for its advanced technological landscape, is witnessing a surge in micro-mobility adoption, particularly in electric-powered segments. With companies like 𝐓𝐢𝐞𝐫 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 entering the Japanese market, shared mobility services are becoming increasingly accessible. Japan's aging population and focus on reducing traffic congestion and emissions are driving the demand for compact and energy-efficient transportation options.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's micro-mobility market has seen notable consolidation as major players like 𝐖𝐢𝐧𝐝 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 and 𝐏𝐨𝐩𝐒𝐜𝐨𝐨𝐭 form strategic partnerships with local governments and businesses. The country's robust focus on smart transportation solutions and public-private collaborations has accelerated the deployment of electric scooters and e-bikes in urban areas. The government's commitment to fostering sustainable mobility is further strengthening the market.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore remains at the forefront of micro-mobility innovation in Asia, with a strong emphasis on safety and technology. The government's strict regulations on micro-mobility usage, combined with investments in dedicated cycling paths and charging stations, have created a well-organized market environment. Companies like 𝐋𝐢𝐦𝐞 and 𝐁𝐞𝐚𝐦 have introduced subscription-based models and advanced tracking systems, enhancing user experience and safety in Singapore.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The United States continues to dominate the global micro-mobility market, with major cities like New York and Los Angeles adopting extensive shared mobility programs. Companies such as 𝐁𝐢𝐫𝐝 and 𝐉𝐮𝐦𝐩 𝐁𝐢𝐤𝐞𝐬 are leading the charge, supported by government incentives promoting sustainable transportation. The integration of IoT and real-time monitoring in micro-mobility solutions is further propelling growth in the US market.

𝐌𝐢𝐜𝐫𝐨-𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe remains a significant market for micro-mobility, driven by the region's commitment to sustainability and urban mobility transformation. Countries like Germany, France, and the Netherlands are leading in the adoption of shared e-scooters and bicycles. Key players like 𝐕𝐨𝐢 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 and 𝐅𝐥𝐚𝐬𝐡 are expanding their operations across Europe, supported by investments in charging infrastructure and regulatory compliance.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲: https://www.maximizemarketresearch.com/request-sample/65111/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭:

by Propulsion Type

Human Powered
Electrically Powered

by Vehicle Use

E-kick scooters
Bicycles
Skateboards
Hover-board
Low-Speed EVs
Segway
Mopeds and Scooters
Other

by Sharing Type

Docked
Dock-less

by Age Group

15-34
35-54
55 and above

by Ownership

Business to Business
Business to Consumer

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/market-report/global-micro-mobility-market/65111/

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐌𝐢𝐜𝐫𝐨-𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Accell Group
2. AGC Inc.
3. Airwheel Holding Limited
4. Beam Mobility Holdings PTE. Ltd
5. Bird Global, Inc
6. Bolt Mobility
7. Boosted USA
8. Derby Cycle
9. DOTT
10. Electric feel
11. Helbiz
12. Hellotracks LLC
13. JIANGSU XINRI E-VEHICLE CO., LTD.
14. Joyride
15. Jugnoo
16. ‎Lime Micro-mobility
17. Luna Systems
18. Lyft, Inc.
19. SWAGTRON
20. Velvioo LLC
21. VOI
22. Vulog

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞: 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 𝐟𝐨𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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