Micro-Mobility Drivers, Ongoing Trends, Challenges, Top Companies & Forecast 2023-2028
The Global Micro-Mobility Market is projected to grow at a CAGR of around 22% during the forecast period, i.e., 2023-28.
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Global Micro-Mobility Market Driver
Mounting Demand for On-demand Transportation Services
The rapidly increasing urban population and rising establishment of smart cities worldwide are leading to the ever-growing demand for on-demand public transportation and, in turn, Micro-Mobility services. Governments of different countries are making significant transformative changes to improve the life quality of people by making massive investments in implementing Micro-Mobility solutions, such as bicycles, e-bikes, e-kick scooters, & e-mopeds, which offer benefits like fare comparison, flexibility, wide availability of vehicles, subscription-based services, real-time feedback, online payments, mobile apps, & GPS navigation. These vehicles are usually parked outside the streets or campuses, which allows users to pick up & ride as & when required without any wait.
What Does Our Research Report Consist of?
MarkNtel Advisors aims to provide stakeholders with accurately curated research report. Whether global, regional, or national, we focus on expanding geographies and areas of expertise to provide a clear picture of the market. Our recently published report on the “Micro-Mobility” is a comprehensive study of the industry, providing unbiased information and statistics. Every significant industry-related topic is covered in the study. By providing accurate data and statistics, it offers a comprehensive image and prognosis of the industry. The market analysis tracks all recent breakthroughs & developments made by current manufacturers or developers, focuses on potential end-users, and highlights any obstacles that might hinder the market’s growth.
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Period & Statistics:
Historical Period: 2018-21
Forecast Years: 2023-28
Understanding the Competitive Landscape:
As the market is characterized by the presence of numerous competitors that provide creative & profitable solutions supporting the sector’s development, we thoroughly assess all top and emerging competitors by considering market share, gain, sales, product/service portfolio, and other important elements.
- Mobike
- Hello Bike
- Scoot
- Skip Transportation
- Spin
- Bird
- Lime
- Rydies
- Segway Inc.
Let’s Travel to the Diverse Market Regions
Our qualified researchers & analysts use all their skills to provide a detailed picture of every region/nation, such as:
By Region
-North America
-South America
-Asia-Pacific
-Middle East & Africa
-Europe
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What are the Significant Micro-Mobility Segmentations?
We provide a fully-fledged assessment of each segment and its sub-segments to help our clients understand the Micro-Mobility . To assist our valued clients, we focus on discovering the primary drivers that are and would shape the industry’s expansion. Delve into to know about the fragmentations:
By Requirement
-First & Last Mile Trips (Very Short Distance)
-Short Distance Trips
By Application
-Commercial (Available on Rent)
-Private
By Autonomy Level
-Manual
-Semi-Autonomous
-Autonomous (Self Driving)
By Power Source
-Man-powered
-Fuel-powered
-Hybrid Electric Vehicles (HEV)
-Plug in Hybrid Electric Vehicles (PHEV)
-Battery Electric Vehicles (BEV)
By Sharing Service Model
-Station based
-Dockless (do not require a parking station)
-Hybrid (Station based + Dockless)
By Vehicle Type
-Electric Scooters
-Electric Skateboards
-Electric Bicycles (also known as Bike)
-Pedal Bicycles
-Others (Electric Unicycle, Golf Carts, etc.)
Key Questions Addressed in the Micro-Mobility Research Report:
- What is the estimated size, share, and CAGR of the Micro-Mobility during the forecast period?
- What key trends are projected to impact the Micro-Mobility from 2023 to 28?
- Which segments and sub-segments are considered in the Micro-Mobility research study?
- Who are the key stakeholders and players in the Micro-Mobility?
- What is the anticipated demand for different types of products/services in the Micro-Mobility through 2023-28?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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