The Micro-Mobility Market is expected to rise at an annual rate of 13.10% in the forecast period of 2021 to 2028 due to the increasing prices of oil and gas.
On the other hand, the demand for dedicated bike infrastructure and inapplicability for rural terrain expected to obstruct the market growth in the above-mentioned forecast period. Moreover, the dearth of public awareness is projected to challenge the micro-mobility market.
Micro-Mobility Market Scenario
According to Data Bridge Market Research, the markets for micro-mobility is accelerating because of the growing investment for the micro-mobility mode of transportation by several key players and governments globally, increase in the adoption of this type of transportation mode owning to its various features such as compact, lightweight, electric or human-powered powertrain, less payload capacity and a limited number of passengers. Additionally, rise in the need, improvement of distribution networks by key players and development in the population, reduction in emissions and growth of e-scooter and e-bike sharing and renting services for shared mobility solutions such as ridesharing, e-hailing, and car sharing in urban areas and expansion of the product portfolios positively affect the micro-mobility market.
Furthermore, the mergers and acquisitions among micro-mobility start-ups by key players in shared mobility transportation and on-demand transportation extend profitable opportunities to the market players.
Now the question is, which are the other regions that the micro-mobility market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the rise in the standards of living in urban areas, increase in the acceptance of micro-mobility services, and the occurrence of leading players providing on-demand transportation services in the region.
For more analysis on the micro-mobility market, request a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-micro-mobility-market
Micro-Mobility Market Scope
The micro-mobility market is segmented on the basis of countries into U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
- All country-based analysis of the micro-mobility market is further analyzed based on maximum granularity into further segmentation. The micro-mobility market is segmented on the basis of type, weight capacity, travel range, and application. On the basis of type, the micro-mobility market is segmented into 2-wheeler, 3-wheeler, and others. On the basis of weight capacity, the micro-mobility market is segmented into up to 100 kg, 100–250 kg, and above 250 kg. On the basis of travel range, the micro-mobility market is segmented into up to 20 km, 20–40 km, and above 40 km. On the basis of application, the micro-mobility market is segmented into commercial and residential.
- Micro-mobility is known as a mode of transportation that makes the utilization of very light vehicles like pedelec, electric scooters, bicycles, electric skateboards, and shared bicycles, among others. 500 kg is the gross weight of vehicles under this category.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-micro-mobility-market
Key Pointers Covered in the Micro-Mobility Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Lime
- SEGWAY INC.
- Dynamic Bicycles, Inc.
- ZAGSTER INC.
- Grubhub
- Uber Technologies Inc
- ANI Technologies Pvt. Ltd.
- DoorDash
- Zomato Media Pvt Ltd
- Todos los derechos reservados
- EasyMile
- Spin
- Sway Mobility, Inc.
- Floatility GmbH
- Beijing Mobike Technology Co., Ltd
- BirdRides, Inc.
- Lime
- Micro Mobility Systems AG
- WICKEDRIDE ADVENTURE SERVICES PVT. LTD
- Vogo Rentals
- Scoot Rides, Inc
- Econduce SAPI de CV
Above are the key players covered in the report. To know about more an exhaustive list of micro-mobility companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-micro-mobility-market
Research Methodology of Micro-Mobility Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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