Press release
Micro-mobility Charging Infrastructure Market: Projected Growth, Key Drivers, and Emerging Trends
Micro-mobility Charging Infrastructure Market
What Is The Projected Market Size Of The Global Micro-mobility Charging Infrastructure Market And Its Growth Rate?
The micro-mobility charging infrastructure market is experiencing remarkable growth. Key statistics include:
* 2024 Market Size: $6.96 billion
* 2025 Market Size: $8.64 billion (24.1% CAGR)
* 2029 Market Size: $19.56 billion (22.7% CAGR)
The driving factors behind this growth include emerging micro-mobility services, urbanization, and last-mile solutions.
What Is Driving The Growth In The Micro-mobility Charging Infrastructure Market?
The growth in the micro-mobility charging infrastructure market is majorly driven by the rising adoption of e-scooters and e-bikes. These electric vehicles offer an effortless way to ride, thereby encouraging more people to switch to such eco-friendly modes of transport. With social distancing being a preferred preventive measure against COVID-19, a sudden surge in demand for personal e-mobility has been observed. Apart from this, the escalating concern for climate change and the need for emission-free transportation have intensified the production of e-vehicles, thereby stimulating the demand for micro-mobility charging infrastructure. For instance, in December 2023, the Office of Energy Efficiency and Renewable Energy reported around 1.1 million e-bike sales in the US in 2022, exponential growth compared to previous years.
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Who Are the Key Players Driving Micro-mobility Charging Infrastructure Market Growth?
Key players in the micro-mobility charging infrastructure market include:
* 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.
What Are The Key Trends In The Micro-mobility Charging Infrastructure Market?
Key market trends to watch include:
* Financial viability and ROI
* Urbanization and congestion solutions
* Environmentally conscious solutions
* Collaboration with urban planners
What Are The Segments Of The Global Micro-mobility Charging Infrastructure Market?
The global micro-mobility charging infrastructure market is segmented by:
* Type: Wired, Wireless
* Vehicle Type: E-Scooters, E-Bikes, E-Unicycles, E-Skateboards
* Source: Solar Powered, Battery Powered
* End-Users: Residential, Commercial
Which Region Leads The Micro-mobility Charging Infrastructure Market?
In 2024, Asia-Pacific led the way in the micro-mobility charging infrastructure market. However, North America is projected to be the fastest-growing region in the forecast period. Other significant regions include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Micro-mobility Charging Infrastructure Market Global Market Report?
- Market Size Analysis: Analyze the Micro-mobility Charging Infrastructure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Micro-mobility Charging Infrastructure Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Micro-mobility Charging Infrastructure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Micro-mobility Charging Infrastructure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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