The global micro-mobility market is expected to grow at a CAGR of 18.0% during the forecast period with its market size valued at USD 4.1 billion in 2023. Smart cities and smart workplaces will bring ample new opportunities for micro-mobility shortly. The developed infrastructure will have defined e-scooter and bicycle parking areas. This will further boost the use of such a mode of transport for short trips within the radius.
Segment / Key Players |
Categorization |
Requirement |
First and Last Mile, and Short Distance |
Location |
Tracks, Road, and Footpath |
Application |
Private and Commercial |
Mode of Transport |
Electric Scooters, Electric Skateboards, Shared Bicycles, Bicycles, and Others |
Key Players |
Beijing Mobike Technology Co. Ltd., Bird Rides Inc., Easymile SAS, Floatility GmbH, LimeBike, Scoot Network, Skip Transportation, Spin Scooters, Sway Mobility, and Zagster. |
Electric scooters held the largest share in the micro-mobility market in 2023
Based on mode of transport, the market is segmented into electric scooters, electric skateboards, shared bicycles, bicycles, and others. Among these, electric scooters will capture a major market share in 2020 and is expected to grow at a significant pace. Since e-scooters support negligible carbon emission and are motor operated offer ease of use.
Geography Insight
Geographically, the US, the European Union, and China are major regions contributing to the micro-mobility market in terms of revenue as well as company penetration. Besides, micro-mobility pricing in China is around five times less than in the US. Therefore, the revenue generated from the region is comparatively less and is still in the growing phase. Further, around 50 million people in the US travel using a bicycle on a regular basis and a similar trend is rising in the other two regions as well. These trends are expected to drive the micro-mobility market in the region.
Competitive Insight
Some of the key players operating in the global micro-mobility market are Beijing Mobike Technology Co. Ltd., Bird Rides Inc., Easymile SAS, Floatility GmbH, LimeBike, Scoot Network, Skip Transportation, Spin Scooters, Sway Mobility, and Zagster.
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The report provides the market value for the base year 2023 and a yearly forecast till 2030 for revenue (USD Billion). The report segments the global micro-mobility market based on requirement, location, application, mode of transport, and region.
Global Micro-Mobility Market Coverage
Requirement Insight and Forecast 2025-2030
Location Insight and Forecast 2025-2030
Application Insight and Forecast 2025-2030
Mode of Transport Insight and Forecast 2025-2030
Geographical Segmentation
Micro-Mobility Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)