MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Micro-Mobility Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Micro-Mobility Market: 2024-2030
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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What are the primary factors driving the growth of the Global Micro-Mobility Market?
Key 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. Hence, the increasing number of smart cities, coupled with various government initiatives toward implementing on-demand public transport, are projected to drive the global Micro-Mobility market during 2023-28.
Global Micro-Mobility Market Segmentation:
The Global Micro-Mobility Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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.).
Geographical Analysis into the Global Micro-Mobility Market:
- North America
- South America
- Asia-Pacific
- Middle East & Africa
- Europe
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Competitive Landscape and Global Micro-Mobility Market Share Analysis:
The competitive landscape of the Global Micro-Mobility Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Ofo, Mobike, Hello Bike, Scoot, Skip Transportation, Spin, Bird, Lime, Rydies, Segway Inc., Dynamic Bicycles, Uber, Micro Mobility Systems, Others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Micro-Mobility Market growth?
- How is the Global Micro-Mobility Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Micro-Mobility Market?
- What is the current size of the Global Micro-Mobility Market, and how is it projected to change in the future?
- What is the future outlook for the Global Micro-Mobility Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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 14.8 diverse industrial verticals.
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