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Emerging Trends to Reshape the Micro-mobility Charging Infrastructure Market: Technological Advancements In Charging Infrastructure as a Key Influencer
Micro-mobility Charging Infrastructure
Micro-mobility Charging Infrastructure Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant escalation in the size of the micro-mobility charging infrastructure market in the past few years. Its predicted expansion from $6.96 billion in 2024 to $8.64 billion in 2025 delineates a compound annual growth rate (CAGR) of 24.1%. Factors contributing to this growth during the historic period includes the viability of the businesses and market competition, betterment of user experiences, increasing consumer acceptance and demand, the introduction of micro-mobility services, rapid urbanization and implementation of last-mile solutions.
Micro-mobility Charging Infrastructure Market Size Forecast: What's the Projected Valuation by 2029?
The market size of the micro-mobility charging infrastructure is projected to witness unprecedented growth in the coming years, reaching a value of $19.56 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 22.7%. Factors contributing to this growth during the forecasted period include market competitiveness and demand, the implementation of smart city projects, user-friendly designs, environmental considerations and integration with existing public transport networks. Key trends expected during this period involve financial feasibility and return on investment (ROI), solutions to address urbanization and traffic congestion, adoption of environmentally-friendly methods, and partnerships with urban planning authorities.
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What Are the Drivers Transforming the Micro-mobility Charging Infrastructure Market?
The micro-mobility charging infrastructure market is projected to accelerate due to the increased usage of e-scooters and e-bikes. E-bikes and e-scooters, traditional bicycles enhanced with an electric motor to aid in pedaling or to completely take over the function of pedaling, are gaining popularity. Recently, with social distancing as the primary protective measure against COVID-19, there has been a surge in demand for personal electronic mobility solutions. Additionally, the looming threat of climate change and the goal of achieving net-zero emissions are prompting a worldwide shift toward zero-emission transport. This uptick in adoption leads to increased e-vehicle production, subsequently boosting the need for micro-mobility charging infrastructure. For instance, the Office of Energy Efficiency and Renewable Energy, a government agency in the United States, reported in December 2023 that about 1.1 million e-bikes were sold in the country in 2022. This represents nearly a quadruple rise in sales compared to the preceding three years. In conclusion, the growth in acceptance of e-scooters and e-bikes is set to promote the micro-mobility charging infrastructure market.
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What Long-Term Trends Will Define the Future of the Micro-mobility Charging Infrastructure Market?
The increasing prominence of technological innovation is shaping the trend in the micro-mobility charging infrastructure market. The industry's chief businesses are concentrating on utilizing technological development to produce novel and innovative products that enhance their portfolio and the customer experience. To illustrate, Dat Bike, an electric vehicle manufacturer located in Vietnam, introduced Dat Charge in August 2022. This ultra-fast charging station significantly decreases the charging time for electric bikes, allowing the capacity to charge 100km in just 20 minutes instead of the usual hour or longer required by regular electric vehicle charging stations.
Which Segments in the Micro-mobility Charging Infrastructure Market Offer the Most Profit Potential?
The micro-mobility charging infrastructure market covered in this report is segmented -
1) By Type: Wired, Wireless
2) By Vehicle Type: E-Scooters, E-Bikes, E-Unicycles, E-Skateboards
3) By Source: Solar Powered, Battery Powered
4) By End-Users: Residential, Commercial
Subsegments:
1) By Wired: AC Charging Stations, DC Fast Charging Stations, Standard Charging Outlets, Smart Charging Solutions
2) By Wireless: Inductive Charging Pads, Resonant Charging Systems, Dynamic Wireless Charging Solutions
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Which Firms Dominate the Micro-mobility Charging Infrastructure Market by Market Share and Revenue in 2025?
Major companies operating in the micro-mobility charging infrastructure market are 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., Swiftmile Inc., The Mobility House GmbH, GetCharged Inc., Charge-e Inc., Greenspot EV Charging, Tritium Pty Ltd., Webasto SE, ABL Group B.V., Alfen N.V., Ampcontrol Pty Ltd, Blink Charging Co., ChargeLab Ltd., CIRCONTROL S.A., Delta-Q Technologies Corporation, Ekoenergetyka-Polska Sp. z o.o., EVoCharge B.V., FLO Services Inc., GreenFlux B.V., innogy SE, KEBA AG, Leviton Manufacturing Company Inc.
Which Regions Offer the Highest Growth Potential in the Micro-mobility Charging Infrastructure Market?
Asia-Pacific was the largest region in the micro-mobility charging infrastructure market share in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the micro-mobility charging infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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