Press Releases

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.  

Global Connected Car Market Segmentation and Key Players

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.

Key Takeaway from the Report:

• Among all the requirement types, the first and last-mile segment together captures the largest market share in 2023 and is expected to grow at the fastest pace during the forecast period.
• Of all the locations, the road attributed for the foremost share in the micro-mobility market in 2023.
• Among all the applications, the commercial application has a major market share in the micro-mobility market in 2023.
• Of all modes of transport, electric scooters capture a major market share in the micro-mobility market in 2023.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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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

• First and Last Mile
• Short Distance

Location Insight and Forecast 2025-2030

• Tracks
• Road
• Footpath

Application Insight and Forecast 2025-2030

• Private
• Commercial

Mode of Transport Insight and Forecast 2025-2030

• Electric Scooters
• Electric Skateboards
• Shared Bicycles
• Bicycles
• Others

Geographical Segmentation

Micro-Mobility Market by Region

North America

• By Requirement
• By Location
• By Application
• By Mode of Transport
• By Country – U.S., Canada, and Mexico

Europe

• By Requirement
• By Location
• By Application
• By Mode of Transport
• By Country – Germany, U.K., France, Spain, Switzerland, Belgium, Austria, Denmark, and Rest of Europe

Asia-Pacific (APAC)

• By Requirement
• By Location
• By Application
• By Mode of Transport
• By Country – China, Japan, India, South Korea, Malaysia, Thailand, Singapore, Taiwan, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Requirement
• By Location
• By Application
• By Mode of Transport
• By Country – Brazil, South Africa, Saudi Arabia, and Other Countries