According to a new market research report launched by Inkwood Research, the Global Micro Mobility Market is anticipated to generate a revenue of $13266.38 million by 2026, growing at a CAGR of 12.09% during the forecast period of 2021 to 2026.
Browse 13 market data Tables and 15 Figures spread over 90+ Pages, along with in-depth analysis on Global Micro Mobility Market by Requirement, Application, Location & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Micro Mobility Market Scenario
Micro mobility includes vehicles, such as bikes, bicycles, scooters, and autonomous shuttles, ideal for a distance of below 5 kilometers. It also depicts tremendous promise for the severe problem of congestion in cities.
The market’s key drivers include, declining battery prices, shortage of parking spaces, travel cost savings, and congestion of cities. Traffic or congestion is among the leading financial growth deterrents, across cities. The phenomenon slows down the economy, and significantly impacts people, psychologically. Moreover, car traffic is considerably worsening in the United States, and other developing nations, such as China and India, in addition to several other cities, worldwide. Since micro mobility vehicles take up lesser space and have a low environmental impact, its market is witnessing demand due to the growing need to resolve traffic congestion problems in cities.
However, the market’s chief restraining factors entail the inadequacy of infrastructure and unsuitability during certain weather conditions. Besides, these vehicles also need paved roads, electric charging stations, pedestrian sidewalks, bike lanes, accurate lane markings, and strong internet connectivity.
The Global Micro Mobility Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Application
- Private
- Commercial
Market by Location
- Roads
- Tracks (Shared Paths)
- Footpath
Market by Requirement
- Under 2 Miles
- 2 -5 Miles
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2026, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2026
Companies Profiled
- EASYMILE SAS
- SPIN SCOOTERS
- ANI TECHNOLOGIES (OLA)
- FLOATILITY GMBH
- LIMEBIKE
- SEGWAY
- BIRD RIDES INC
- SKIP TRANSPORT INC
- SCOOT NETWORKS
- ZAGSTER INC
- SWIFTMILE
- MICRO MOBILITY SYSTEMS AG
- OFO
- RYDIES GMBH
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