Micro-Mobility Market Trends, Demand, Opportunities and Forecast by 2028.

16 October 2023

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Micro-Mobility Market research report includes a thorough analysis of the market drivers, restraints, threats, and opportunities while it also addresses the lucrative investment options for the market players in the coming years. A team involved in creating this market report has kept certain things into focus that include the minds of target markets, feelings, preferences, attitudes, convictions and value systems. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in the reliable Micro-Mobility Market report. Estimates at a global as well as regional level are offered by the analysts.

The micro-mobility market is expected to witness market growth at a rate of 13.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on micro-mobility market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.

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Market Definition:

Micro-mobility refers to a mode of transportation which makes the use of very light vehicles such as electric scooters, pedelec, electric skateboard, bicycles and shared bicycles among others. 500 kg is the gross weight of vehicles under this category. These vehicles are utilized for short duration travel, generally first or last mile of a journey. Micro-mobility is considered as the miniaturization of transport modes for shorter journeys. Additional conditions for micro-mobility include availability for shared services and usage as primary utility among others.

The major players covered in the micro-mobility market report are

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
among other domestic and global players

Micro-Mobility Market Scope and Market Size

The micro-mobility market is segmented on the basis of type, weight capacity, travel range and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

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.

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Micro-Mobility Market Country Level Analysis

The micro-mobility market is analyzed and market size, volume information is provided by country, type, weight capacity, travel range and application as referenced above.

The countries covered in the global micro-mobility market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and 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 Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific dominates the micro-mobility market because of the increase in the standards of living in urban areas, rise in the adoption of micro-mobility services and presence of leading players providing on-demand transportation services in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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