United States Micro-Mobility Market is expected to reach US$ 9.0 Billion by 2031 | Major key players - Yamaha Bicycles, Trek Bikes, Derby Cycle.

Market Size and Forecast:

The Global Micro-Mobility Market size reached US$ 3.6 Billion in 2023 and is expected to reach US$ 9.0 Billion by 2031, growing with a CAGR of 12.1% during the forecast period 2024-2031.

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The Micro-Mobility Market refers to the segment of urban transportation that includes small, lightweight vehicles such as e-scooters, e-bikes, bicycles, and shared electric vehicles designed for short-distance travel. It focuses on sustainable, convenient, and cost-effective mobility solutions, reducing traffic congestion and carbon emissions while enhancing last-mile connectivity in cities globally.

Industry Recent Developments:

United States:

✅ September 2025: The United States Department of Transportation expanded its sustainable transit push by allocating new urban mobility grants encouraging micro-mobility integration with public transport. Several metropolitan areas, including San Francisco and Chicago, received funding to deploy shared e-scooter docking hubs and multimodal transport apps aimed at improving connectivity.​

✅ August 2025: Infrastructure development accelerated under the Vision Zero initiative, which aimed to reduce traffic accidents through the introduction of smart signal systems and 500 miles of new bike lanes across major U.S. cities. This is driving the usage of shared bikes and scooters by nearly 40% year-over-year.​

✅ July 2025: Venture capital funding surged for domestic startups like Boaz Bikes and VeoRide, focusing on AI-driven fleet analytics and low-emission micro-mobility vehicles. The rising trend of direct-to-consumer electric bike sales also boosted market activity during this quarter.​

Japan:

✅ September 2025: Yamaha Motor and Panasonic announced a partnership to enhance battery systems for e-bikes and e-scooters, aiming to extend range by 20%. This collaboration is designed to improve Japan's next-generation small-format EV performance in congested cities.​

✅ August 2025: Local governments in Tokyo and Osaka extended subsidies for micro-mobility charging infrastructure installation, focusing on integrating e-scooter and compact EV networks into smart city frameworks. This has led to a higher adoption rate among urban commuters.​

✅ July 2025: Japanese startup Striemo expanded its tri-wheel e-mobility subscription to multiple prefectures following strong user uptake in Tokyo. Priced at 9,500 yen per month, the service makes electric-assisted commuting affordable and accessible for young professionals.

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Major Key Players:

Cannondale Bicycle Corporation
Zongshen Electric Motorcycle
Merida Industry Co. Ltd.
Yamaha Bicycles
Terra Motor
Rad Power Bikes
Trek Bikes
Riese & Muller
Derby Cycle
VanMoof B.V.

Key Growth Drivers:

Rising Urbanization and Traffic Congestion:

Increasing urban populations have intensified traffic congestion, particularly in major cities. Micro-mobility modes such as e-scooters, shared bikes, and e-bikes provide efficient last-mile connectivity solutions, allowing commuters to bypass congested routes and reduce travel time.​

Growing Environmental Awareness and Sustainability Goals:

Heightened environmental consciousness and government initiatives to promote low-emission transport are pushing demand for electric micro-mobility options. Their zero tailpipe emissions and energy efficiency align with global efforts to curb carbon footprints and improve urban air quality.​

Technological Innovation and Infrastructure Support:

Advances in battery technology, IoT-enabled fleet management, and the expansion of bike lanes and charging infrastructure are enhancing the performance, safety, and convenience of micro-mobility services. These technological developments and regulatory support make adoption easier for both consumers and operators.

Segments Covered in the Micro-Mobility Market:

By Type: Electric Scooters, Electric Bicycles (e-bikes), Electric Skateboards, Electric Kick Scooters, Others.

By Sharing Type: Docked, Dockless.

By Service: Ride-Sharing, Subscription-Based, Pay-Per-Use, Corporate and Institutional, Others.

By End-User: Individual Consumers, Businesses and Enterprises, Public Sector and Governments, Tourism and Hospitality, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Micro-Mobility market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Micro-Mobility Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Micro-Mobility market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Micro-Mobility Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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