Micro-Mobility Market Size & Share Analysis – Growth Trends

The Micro-Mobility Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.

How Big is the Micro-Mobility Industry?

The Global Micro-Mobility Market size is expected to rise at a CAGR of around 22% during the forecast period 2023-2027.

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Micro-Mobility Market Growth Driver:

Mounting Demand for On-demand Transportation Services – The rapidly increasing urban population and rising establishment of smart cities worldwide are leading to the ever-growing demand for on-demand public transportation and, in turn, Micro-Mobility services. Governments of different countries are making significant transformative changes to improve the life quality of people by making massive investments in implementing Micro-Mobility solutions, such as bicycles, e-bikes, e-kick scooters, & e-mopeds, which offer benefits like fare comparison, flexibility, wide availability of vehicles, subscription-based services, real-time feedback, online payments, mobile apps, & GPS navigation. These vehicles are usually parked outside the streets or campuses, which allows users to pick up & ride as & when required without any wait. Hence, the increasing number of smart cities, coupled with various government initiatives toward implementing on-demand public transport, are projected to drive the global Micro-Mobility market during 2023-28.

Competitor Breakdown: Top Micro-Mobility Companies 2023-2027

• Ofo
• Mobike
• Hello Bike
• Scoot
• Skip Transportation
• Spin
• Bird
• Lime
• Rydies
• Segway Inc.
• Dynamic Bicycles
• Uber
• Micro Mobility Systems
• Others

Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.

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Geographical Analysis:

North America, Europe, Asia Pacific, Middle East & Africa, and South America

• Share of each Geographical segment in the Market
• Potential growth opportunities in the Geographically
• The growth rate of the Geographical in the Industry

Breaking Down the Micro-Mobility Market Segmentation:

By Requirement

• First & Last Mile Trips (Very Short Distance)
• Short Distance Trips

By Application

• Commercial (Available on Rent)
• Private

By Autonomy Level

• Manual
• Semi-Autonomous
• Autonomous (Self Driving)

By Power Source

• Man-powered
• Fuel-powered
• Hybrid Electric Vehicles (HEV)
• Plug in Hybrid Electric Vehicles (PHEV)
• Battery Electric Vehicles (BEV)

By Sharing Service Model

• Station based
• Dockless (do not require a parking station)
• Hybrid (Station based + Dockless)

By Vehicle Type

• Electric Scooters
• Electric Skateboards
• Electric Bicycles (also known as Bike)
• Pedal Bicycles
• Others (Electric Unicycle, Golf Carts, etc.)

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