Strategic Forecast for the Micro-Mobility Industry: Market Outlook 2025-2034

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

Micro-Mobility Market Size Growth Forecast: What to Expect by 2025?
The scale of the micro-mobility market has significantly expanded in the past few years. The market size is expected to rise from $62.98 billion in 2024 to $75.85 billion in 2025, marking a compound annual growth rate (CAGR) of 20.4%. The remarkable growth observed in the previous period can be traced back to factors such as urban expansion, shifts in consumer patterns, economic considerations, impact of COVID-19, and enhancements in infrastructure.

How Will the Micro-Mobility Market Size Evolve and Grow by 2029?
In the pending years, a meteoric rise is anticipated in the size of the micro-mobility market, expanding to a tremendous value of $166.8 billion in 2029 with a compound annual growth rate (CAGR) of 21.8%. The substantial growth in the projection period can be accredited to global incidents and pandemics, flourishing health and wellness culture, customer choices, incorporation of data and artificial intelligence, as well as alignment with public transit. The projection period is characterized by prominent trends including electrification, diversification of vehicles, self-governing micro-mobility, emphasis on user-focused design, and initiatives supporting a circular economy.

View the full report here:
https://www.thebusinessresearchcompany.com/report/micro-mobility-global-market-report

What Drivers Are Propelling the Growth of Micro-Mobility Market Forward?
The future growth of the micro-mobility market is anticipated to be fueled by the rising demand for public transportation. Several forms of local transportation such as buses, trains, and metros are included in public transportation, which allows a large number of people to commute along defined routes simultaneously. Micro-mobility is instrumental in simplifying and speeding up people's transit within heavily populated areas, thereby enhancing personal mobility and making transport options more accessible. Urban growth has also amplified the need for micro-mobility as the requirement for transportation access increases with the population. A pertinent example is the 72% surge in the consumer expenditure on public transportation and other types of transportation in 2021 reported by the US Bureau of Labor Statistics, an organization focused on economic growth and financial stability in the US, in September 2022. Intercity bus tickets rose by 87.4%, while intercity train fares climbed by 40.7%. Thus, the uptick in public transportation demand is set to fuel the micro-mobility market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8993&type=smp

Which Emerging Trends Are Transforming the Micro-Mobility Market in 2025?
Innovations in products are emerging as a significant trend in the micro-mobility market. To gain a competitive advantage, many key players in this market are endeavoring to integrate technologies into their products. A prime example is LIME, a U.S based shared micro-mobility entity that in January 2022, unveiled the Gen4 E-bike. This electric bike is characterized by a switchable, interchangeable battery, and boasts unique aspects such as a higher motor power, a holder for mobile phones, a display-mirroring handlebar, a dual-speed automatic transmission, and a modular design.

What Are the Key Segments in the Micro-Mobility Market?
The micro-mobility market covered in this report is segmented -

1) By Type: Bicycles, E-Bikes, E-Kick Scooters, Other Types
2) By Speed: Up To 25 Kmph (Kilometers Per Hour), 25-45 Kmph (Kilometers Per Hour)
3) By Propulsion: Human Powered, Electrically Powered
4) By Sharing Type: Docked, Dock-Less
5) By Ownership: Business To Business, Business To Consumers

Subsegments:
1) By Bicycles: Traditional Bicycles, Folding Bicycles, Cargo Bicycles
2) By E-Bikes: Pedal-Assist E-Bikes, Throttle-Controlled E-Bikes, E-Mountain Bikes
3) By E-Kick Scooters: Standalone E-Scooters, E-Scooter Sharing Systems
4) By Other Types: E-Mopeds, Segways, Electric Skateboards

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8993&type=smp

Who Are the Key Players Shaping the Micro-Mobility Market's Competitive Landscape?
Major companies operating in the micro-mobility market include Yadea Technology Group Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Xiaomi Corp., Segway Inc., Swagtron, Airwheel Holding Limited, Yamaha Motor Co. Ltd., Accell Group N.V., Derby Cycle AG, Neutron Holdings Inc., Bird Rides Inc., ElectricFeel AG, Beam Mobility Holdings Pte. Ltd., Dott B.V., Yulu Bikes Pvt. Ltd., Voi Technology AB, Tier Mobility GmbH, Dynamic, Helbiz Inc., Veo Technologies Inc., Razor USA LLC, Ninebot Inc., Gogoro Inc., Superpedestrian, VanMoof, Cowboy, Spin

What Geographic Markets Are Powering Growth in the Micro-Mobility Market?
Asia-Pacific was the largest region in the micro-mobility market in 2024. North America is expected to be the fastest-growing region in the micro-mobility market during the forecast period. The regions covered in the micro-mobility market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8993

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.