Emergen Research’s latest document, titled ‘Global Micro Mobility Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Micro Mobility Market. The report’s authors have offered necessary details on the latest Micro Mobility Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Micro Mobility Market industry entails useful insights into the estimated Micro Mobility Market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.
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The global micro mobility market is anticipated to grow at a double-digit CAGR over the forecast period, reaching a market size of USD 290.39 billion in 2028. The rapidly expanding variety of mobility services and vehicles, such as e-bikes, dockless and docked shared bicycles, electric scooters, and electric skateboards, is responsible for the market's robust revenue growth. Micro mobility solutions are becoming more popular because to the growing need to relieve urban traffic congestion, minimise dependency on private vehicles, and promote the use of public transportation. Due to improved connection, mobile payments, quick battery charging, the convenience of these solutions, and rising smartphone penetration in both urban and rural areas, urban customers are adopting micro mobility solutions at an increasing rate. The market for micro mobility solutions is seeing the development of more affordable and sophisticated vehicles as a consequence of increasing investments by businesses that provide these solutions.
Competitive Terrain:
The global Micro Mobility industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Companies profiled in the global Micro Mobility market:
Bird Rides, Inc., Lime Scooter, Micro Mobility Systems Ltd., Ofo Inc., Mobike, Motivate International Inc. (Lyft), Pride Mobility Products Corporation, Golden Technologies, Uber, Invacare Corporation
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales distribution channels
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Segments Covered in this report are:
Application Outlook (Revenue, USD Billion; 2021–2028)
- Residential
- Commercial
Type Outlook (Revenue, USD Billion; 2021–2028)
- 2-wheeler
- 3-wheeler
- Others
Travel Range Outlook (Revenue, USD Billion; 2021–2028)
- Up To 20 Km
- 20-40 Km
- More than 40 Km
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Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Micro Mobility market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Micro Mobility Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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