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

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for micro mobility. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global micro mobility market from 2025 to 2032.

Key Insights:

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

Micro Mobility Market - Report Scope:

Micro mobility solutions, including e-bikes, e-scooters, electric mopeds, and small urban vehicles, provide efficient, low-emission, and cost-effective transportation for short distances. These solutions are increasingly adopted in urban areas to address traffic congestion, reduce carbon emissions, and provide convenient mobility options. The market caters to individual consumers, shared mobility providers, and fleet operators, offering a variety of products with advanced features, including battery management systems, smart connectivity, and lightweight designs. Market growth is driven by rising environmental concerns, supportive government policies, urbanization, and advancements in electric propulsion technologies.

Market Growth Drivers:

The global micro mobility market is propelled by several key factors, including increasing demand for eco-friendly transportation solutions and the adoption of shared mobility services in urban centers. Rising fuel prices, growing awareness of climate change, and supportive government initiatives, such as subsidies and incentives for electric vehicles, further encourage market expansion. Technological innovations, such as improved battery efficiency, IoT connectivity for fleet management, and lightweight, durable materials, enhance the convenience and appeal of micro mobility devices. Moreover, the growing trend of "last-mile connectivity" solutions and the integration of mobility-as-a-service (MaaS) platforms create new opportunities for market players to scale operations and reach a broader consumer base.

Market Restraints:

Despite promising growth prospects, the micro mobility market faces challenges related to regulatory frameworks, safety concerns, and infrastructure limitations. Variations in traffic laws and safety regulations across regions can impede the adoption of micro mobility solutions. Additionally, the risk of accidents, theft, and vehicle vandalism affects consumer confidence and operational costs for fleet operators. Limited charging infrastructure, especially in emerging markets, restricts large-scale adoption. Addressing these regulatory, safety, and infrastructural barriers requires collaboration between manufacturers, policymakers, and urban planners to ensure safe and sustainable micro mobility solutions.

Market Opportunities:

The micro mobility market presents significant growth opportunities driven by technological innovations, urban planning initiatives, and evolving consumer preferences. Integration with smart city projects, adoption of AI-based fleet management, and development of battery-swapping networks enhance service efficiency and accessibility. Expanding applications beyond personal transport, such as logistics, delivery services, and corporate mobility programs, further broaden the market scope. Strategic partnerships, investment in research and development, and the introduction of user-friendly, cost-effective electric micro mobility solutions are essential to capitalize on emerging opportunities and sustain market leadership in this rapidly growing sector.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the micro mobility market globally?
Which vehicle types and services are driving micro mobility adoption across urban centers?
How are technological advancements reshaping the competitive landscape of the micro mobility market?
Who are the key players contributing to the micro mobility market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global micro mobility market?

Competitive Intelligence and Business Strategy:

Leading players in the global micro mobility market, including Yadea Technology Group Co., Ltd., Accell Group N.V., and Yamaha Motor Co., Ltd., focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced electric vehicles, including e-bikes, e-scooters, compact electric cars, and modular micro mobility solutions, catering to diverse consumer needs and urban mobility requirements. Collaborations with shared mobility operators, municipal authorities, and technology providers facilitate market access and promote adoption. Moreover, emphasis on safety features, battery technology, and connected mobility solutions fosters market growth and enhances user experience in the evolving micro mobility landscape.

Key Companies Profiled:

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
Club Car LLC.
Waev Inc.
Eli Electric Vehicles
PMV Electric Pvt. Ltd.
Wink Motors Inc.
Citroen UK
AIXAM
Siticars
CEVO Mobility Corp.
Italcar Industrial S.r.l.
Airwheel Holding Limited

Micro Mobility Market Research 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 and 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, 2024
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