Micro Mobility Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025

Description

Persistence Market Research has recently released a comprehensive report on the global Micro Mobility Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

Micro Mobility Market Size (2025E): US$ 84.9 Bn
Projected Market Value (2032F): US$ 230.1 Bn
Global Market Growth Rate (CAGR 2025 to 2032): 15.3%

Micro Mobility Market - Report Scope:

The micro mobility market comprises lightweight, compact vehicles primarily used for short-distance urban transportation. These include bicycles, e-scooters, e-bikes, electric skateboards, quadricycles, and other personal mobility solutions. Increasing urbanization, traffic congestion, and the global push for low-emission alternatives are accelerating the shift toward micro mobility solutions. The rapid integration of smart mobility platforms and the availability of app-based rental services further enhance user convenience and adoption.

Market Growth Drivers:

The rapid urbanization across developing and developed regions is significantly boosting the demand for compact, sustainable, and cost-effective transportation options, making micro mobility an attractive alternative to traditional vehicles. Environmental concerns and regulatory efforts to curb greenhouse gas emissions are encouraging both consumers and governments to adopt electric and human-powered micro mobility solutions. Technological innovations, such as GPS-enabled tracking, mobile-based rental platforms, and IoT-connected vehicles, are making micro mobility safer and more accessible. Furthermore, the increasing investment by private and public sectors in infrastructure such as bike lanes, parking zones, and docking stations is supporting the sustained growth of this market.

Market Restraints:

Despite the promising growth outlook, the micro mobility market faces several challenges that may hinder its expansion. Safety concerns, including the lack of protective regulations and high accident rates involving e-scooters and bikes, are significant issues, particularly in densely populated urban areas. Moreover, infrastructure limitations in many regions, such as inadequate bike lanes and charging facilities, can restrict widespread adoption. Seasonal weather dependency and limited carrying capacity of micro mobility vehicles also affect user adoption, especially in regions with extreme climates. Additionally, rising concerns over vehicle theft, vandalism, and battery disposal pose operational hurdles for shared mobility providers.

Market Opportunities:

The market presents vast opportunities driven by increasing interest in sustainable and efficient last-mile connectivity solutions. Emerging economies in Asia-Pacific, Latin America, and Africa are showing high growth potential due to expanding urban centers and supportive government initiatives. Integration of micro mobility into public transportation networks offers opportunities for multimodal urban mobility solutions, making city commuting more seamless. Innovations such as swappable battery technology, solar charging systems, and AI-enabled fleet management open avenues for operational efficiency and customer experience enhancement. Corporate campuses, universities, and tourist zones are also embracing micro mobility, unlocking new revenue streams and user segments for market players.

Key Questions Answered in the Report:

What are the primary factors driving the global micro mobility market's growth?
Which vehicle types and regions are witnessing the highest demand in the micro mobility market?
How are emerging mobility technologies shaping the future of urban transportation?
Who are the key players in the micro mobility market, and what strategies are they using to scale?
What are the current challenges and future outlook for the global micro mobility market?

Competitive Intelligence and Business Strategy:

Leading companies in the global micro mobility market, such as Yadea Technology Group Co., Ltd., Yamaha Motor Co., Ltd., SEGWAY INC., Renault Group, Toyota Motor Corporation, and Polaris Inc., are leveraging partnerships, technology advancements, and fleet expansion strategies to gain market share. These companies are focusing on battery innovation, vehicle durability, and user-friendly rental platforms. Strategic collaborations with municipal authorities and private entities are enabling these players to offer shared mobility services across smart cities. With growing emphasis on sustainability, many players are also investing in recyclable components and eco-friendly production methods to appeal to environmentally conscious consumers.

Companies Covered in This Report:

Yadea Technology Group Co., Ltd.
Accell Group N.V.
Yamaha Motor Co., Ltd.
Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA)
SEGWAY INC.
SAIC-GM-Wuling
Zhejiang Geely Holding Group Co., Ltd.
Renault Group
Toyota Motor Corporation
Micro Mobility Systems Ltd. / AG
Polaris Inc.
Textron Inc.
Cenntro Electric Group Limited
SWAGTRON

Market Segmentation:

By Vehicle Type

Bicycles
E-Scooters
E-Bikes
Electric Skateboards / Hoverboards
Quadricycles
Golf Carts
Others

By Propulsion Type

Battery Electric Vehicles (BEVs)
Pedal-Assist / Hybrid Electric
Fully Human-Powered

By End-user

Individual Consumers
Commercial & Delivery Fleets
Tourism & Leisure
Corporate & Campus Mobility
Government / Public Sector

By Distribution Channel

Online Retail
Offline Retail
Fleet/Commercial Leasing

By Region

North America
Europe
East Asia
South Asia and Oceania
Middle East and Africa
Latin America

Product Code: PMRREP35331

1. Executive Summary

1.1. Global Micro Mobility Market Snapshot 2025-2032
1.2. Market Opportunity Assessment, 2025-2032, US$ Bn
1.3. Key Market Trends
1.4. Industry Developments and Key Market Events
1.5. Demand Side and Supply Side Analysis
1.6. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definitions
2.2. Value Chain Analysis
2.3. Macro-Economic Factors
- 2.3.1. Global GDP Outlook
- 2.3.2. Global Automotive Industry Overview
- 2.3.3. Global Urban Transport & Mobility Overview
- 2.3.4. Global Logistics & Last-Mile Delivery Overview
- 2.3.5. Global Environmental & Sustainability Sector Overview
2.4. Forecast Factors - Relevance and Impact
2.5. COVID-19 Impact Assessment
2.6. PESTLE Analysis
2.7. Porter's Five Forces Analysis
2.8. Geopolitical Tensions: Market Impact
2.9. Regulatory and Technology Landscape

3. Market Dynamics

3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Trends

4. Price Trend Analysis, 2019-2032

4.1. Region-wise Price Analysis
4.2. Price by Segments
4.3. Price Impact Factors

5. Global Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

5.1. Key Highlights
5.2. Global Micro Mobility Market Outlook: Vehicle Type
- 5.2.1. Introduction/Key Findings
- 5.2.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Vehicle Type, 2019-2024
- 5.2.3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
  - 5.2.3.1. Bicycles
  - 5.2.3.2. E-Scooters
  - 5.2.3.3. E-Bikes
  - 5.2.3.4. Electric Skateboards / Hoverboards
  - 5.2.3.5. Quadricycles
  - 5.2.3.6. Golf Carts
  - 5.2.3.7. Others
- 5.2.4. Market Attractiveness Analysis: Vehicle Type
5.3. Global Micro Mobility Market Outlook: Propulsion Type
- 5.3.1. Introduction/Key Findings
- 5.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Propulsion Type, 2019-2024
- 5.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
  - 5.3.3.1. Battery Electric Vehicles (BEVs)
  - 5.3.3.2. Pedal-Assist / Hybrid Electric
  - 5.3.3.3. Fully Human-Powered
- 5.3.4. Market Attractiveness Analysis: Propulsion Type
5.4. Global Micro Mobility Market Outlook: End User
- 5.4.1. Introduction/Key Findings
- 5.4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by End User, 2019-2024
- 5.4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
  - 5.4.3.1. Individual Consumers
  - 5.4.3.2. Commercial & Delivery Fleets
  - 5.4.3.3. Tourism & Leisure
  - 5.4.3.4. Corporate & Campus Mobility
  - 5.4.3.5. Government / Public Sector
- 5.4.4. Market Attractiveness Analysis: End User
5.5. Global Micro Mobility Market Outlook: Distribution Channel
- 5.5.1. Introduction/Key Findings
- 5.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Distribution Channel, 2019-2024
- 5.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
  - 5.5.3.1. Online Retail
  - 5.5.3.2. Offline Retail
  - 5.5.3.3. Fleet/Commercial Leasing
- 5.5.4. Market Attractiveness Analysis: Distribution Channel

6. Global Micro Mobility Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Region, 2019-2024
6.3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Region, 2025-2032
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia & Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 7.3.1. U.S.
- 7.3.2. Canada
7.4. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 7.4.1. Bicycles
- 7.4.2. E-Scooters
- 7.4.3. E-Bikes
- 7.4.4. Electric Skateboards / Hoverboards
- 7.4.5. Quadricycles
- 7.4.6. Golf Carts
- 7.4.7. Others
7.5. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 7.5.1. Battery Electric Vehicles (BEVs)
- 7.5.2. Pedal-Assist / Hybrid Electric
- 7.5.3. Fully Human-Powered
7.6. North America Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 7.6.1. Individual Consumers
- 7.6.2. Commercial & Delivery Fleets
- 7.6.3. Tourism & Leisure
- 7.6.4. Corporate & Campus Mobility
- 7.6.5. Government / Public Sector
7.7. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 7.7.1. Online Retail
- 7.7.2. Offline Retail
- 7.7.3. Fleet/Commercial Leasing

8. Europe Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 8.3.1. Germany
- 8.3.2. Italy
- 8.3.3. France
- 8.3.4. U.K.
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Rest of Europe
8.4. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 8.4.1. Bicycles
- 8.4.2. E-Scooters
- 8.4.3. E-Bikes
- 8.4.4. Electric Skateboards / Hoverboards
- 8.4.5. Quadricycles
- 8.4.6. Golf Carts
- 8.4.7. Others
8.5. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 8.5.1. Battery Electric Vehicles (BEVs)
- 8.5.2. Pedal-Assist / Hybrid Electric
- 8.5.3. Fully Human-Powered
8.6. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 8.6.1. Individual Consumers
- 8.6.2. Commercial & Delivery Fleets
- 8.6.3. Tourism & Leisure
- 8.6.4. Corporate & Campus Mobility
- 8.6.5. Government / Public Sector
8.7. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 8.7.1. Online Retail
- 8.7.2. Offline Retail
- 8.7.3. Fleet/Commercial Leasing

9. East Asia Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 9.3.1. China
- 9.3.2. Japan
- 9.3.3. South Korea
9.4. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 9.4.1. Bicycles
- 9.4.2. E-Scooters
- 9.4.3. E-Bikes
- 9.4.4. Electric Skateboards / Hoverboards
- 9.4.5. Quadricycles
- 9.4.6. Golf Carts
- 9.4.7. Others
9.5. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 9.5.1. Battery Electric Vehicles (BEVs)
- 9.5.2. Pedal-Assist / Hybrid Electric
- 9.5.3. Fully Human-Powered
9.6. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 9.6.1. Individual Consumers
- 9.6.2. Commercial & Delivery Fleets
- 9.6.3. Tourism & Leisure
- 9.6.4. Corporate & Campus Mobility
- 9.6.5. Government / Public Sector
9.7. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 9.7.1. Online Retail
- 9.7.2. Offline Retail
- 9.7.3. Fleet/Commercial Leasing

10. South Asia & Oceania Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 10.3.1. India
- 10.3.2. Southeast Asia
- 10.3.3. ANZ
- 10.3.4. Rest of SAO
10.4. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 10.4.1. Bicycles
- 10.4.2. E-Scooters
- 10.4.3. E-Bikes
- 10.4.4. Electric Skateboards / Hoverboards
- 10.4.5. Quadricycles
- 10.4.6. Golf Carts
- 10.4.7. Others
10.5. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 10.5.1. Battery Electric Vehicles (BEVs)
- 10.5.2. Pedal-Assist / Hybrid Electric
- 10.5.3. Fully Human-Powered
10.6. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 10.6.1. Individual Consumers
- 10.6.2. Commercial & Delivery Fleets
- 10.6.3. Tourism & Leisure
- 10.6.4. Corporate & Campus Mobility
- 10.6.5. Government / Public Sector
10.7. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 10.7.1. Online Retail
- 10.7.2. Offline Retail
- 10.7.3. Fleet/Commercial Leasing

11. Latin America Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 11.3.1. Brazil
- 11.3.2. Mexico
- 11.3.3. Rest of LATAM
11.4. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 11.4.1. Bicycles
- 11.4.2. E-Scooters
- 11.4.3. E-Bikes
- 11.4.4. Electric Skateboards / Hoverboards
- 11.4.5. Quadricycles
- 11.4.6. Golf Carts
- 11.4.7. Others
11.5. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 11.5.1. Battery Electric Vehicles (BEVs)
- 11.5.2. Pedal-Assist / Hybrid Electric
- 11.5.3. Fully Human-Powered
11.6. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 11.6.1. Individual Consumers
- 11.6.2. Commercial & Delivery Fleets
- 11.6.3. Tourism & Leisure
- 11.6.4. Corporate & Campus Mobility
- 11.6.5. Government / Public Sector
11.7. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 11.7.1. Online Retail
- 11.7.2. Offline Retail
- 11.7.3. Fleet/Commercial Leasing

12. Middle East & Africa Micro Mobility Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
- 12.3.1. GCC Countries
- 12.3.2. South Africa
- 12.3.3. Northern Africa
- 12.3.4. Rest of MEA
12.4. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
- 12.4.1. Bicycles
- 12.4.2. E-Scooters
- 12.4.3. E-Bikes
- 12.4.4. Electric Skateboards / Hoverboards
- 12.4.5. Quadricycles
- 12.4.6. Golf Carts
- 12.4.7. Others
12.5. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Propulsion Type, 2025-2032
- 12.5.1. Battery Electric Vehicles (BEVs)
- 12.5.2. Pedal-Assist / Hybrid Electric
- 12.5.3. Fully Human-Powered
12.6. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by End User, 2025-2032
- 12.6.1. Individual Consumers
- 12.6.2. Commercial & Delivery Fleets
- 12.6.3. Tourism & Leisure
- 12.6.4. Corporate & Campus Mobility
- 12.6.5. Government / Public Sector
12.7. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Distribution Channel, 2025-2032
- 12.7.1. Online Retail
- 12.7.2. Offline Retail
- 12.7.3. Fleet/Commercial Leasing

13. Competition Landscape

13.1. Market Share Analysis, 2025
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping
- 13.2.2. Competition Dashboard
13.3. Company Profiles
- 13.3.1. Yadea Technology Group Co., Ltd.
  - 13.3.1.1. Company Overview
  - 13.3.1.2. Product Portfolio/Offerings
  - 13.3.1.3. Key Financials
  - 13.3.1.4. SWOT Analysis
  - 13.3.1.5. Company Strategy and Key Developments
- 13.3.2. Accell Group N.V.
- 13.3.3. Yamaha Motor Co., Ltd.
- 13.3.4. Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA)
- 13.3.5. SEGWAY INC.
- 13.3.6. SAIC-GM-Wuling
- 13.3.7. Zhejiang Geely Holding Group Co., Ltd.
- 13.3.8. Renault Group
- 13.3.9. Toyota Motor Corporation
- 13.3.10. Micro Mobility Systems Ltd. / AG
- 13.3.11. Polaris Inc.
- 13.3.12. Textron Inc.
- 13.3.13. Cenntro Electric Group Limited
- 13.3.14. SWAGTRON
- 13.3.15. Club Car LLC.

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

Micro Mobility Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032