PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866234
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866234
Micro-mobility Market Introduction and Overview
According to SPER market research, 'Global Micro-mobility Market Size- By Vehicle Type, By Battery, By Voltage - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global ch is predicted to reach 160.99 Billion by 2034 with a CAGR 14.77%.
Micro-mobility encompasses small, lightweight transportation options designed for short-distance travel, mainly in urban areas. This includes electric bicycles, e-scooters, electric skateboards, and mopeds, offering convenient, cost-effective, and environmentally friendly alternatives to traditional vehicles and public transit. It helps tackle traffic congestion, parking limitations, and rising fuel expenses, making city commuting quicker and more efficient.
Restraints: Despite rapid growth, the micro-mobility market faces several challenges. High costs for vehicles and supporting infrastructure can restrict adoption, especially in price-sensitive regions. Safety concerns, such as accidents and insufficient regulations, remain critical issues. Limitations in battery technology, including range, charging needs, and environmental disposal, impact performance and sustainability. Many cities lack dedicated lanes and parking for micro-mobility vehicles, reducing convenience and accessibility.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Vehicle Type, By Battery, By Voltage
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Accell Group, Airwheel Holding Limited, Boosted USA, Jiangsu Xinri E-Vehicle Co., Ltd, Kalkhoff Werke, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co. Ltd, Yamaha Motor Co., Ltd.
Global Micro-mobility Market Segmentation:
By Vehicle Type: Based on the Vehicle Type, Global Micro-mobility Market is segmented as; Electric Kick Scooters, Electric Skateboards, Electric Bicycles
By Battery: Based on the Battery, Global Micro-mobility Market is segmented as; Sealed Lead Acid, NiMH, Li-Ion
By Application: Based on the Application, Global Micro-mobility Market is segmented as; Below 24V, 36V, 48V, Greater than 48V
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.