Micro-Mobility Market Analysis 2028 – Unveiling Size, Share, Growth, Trends, and Industry Insights

MarkNtel Advisors recently released a research report focusing on the Global Micro-Mobility Market for the forecast period of 2023-28. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.

NOTE – In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report

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Global Micro-Mobility Market Insight and Analysis:

The Global Micro-Mobility Market is projected to grow at a CAGR of around 22% during the forecast period, i.e., 2023-28.

Mounting Demand for On-demand Transportation Services: Key Driver to Watch

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 Industry Segmentation:

Based on Requirement

– First & Last Mile Trips (Very Short Distance)

– Short Distance Trips

Based on Application

– Commercial (Available on Rent)

– Private

Based on Autonomy Level

– Manual

– Semi-Autonomous

– Autonomous (Self Driving)

Based on Power Source

– Man-powered

– Fuel-powered

– Hybrid Electric Vehicles (HEV)

– Plug in Hybrid Electric Vehicles (PHEV)

– Battery Electric Vehicles (BEV)

Based on Sharing Service Model

– Station based

– Dockless (do not require a parking station)

– Hybrid (Station based + Dockless)

Based on Vehicle Type

– Electric Scooters

– Electric Skateboards

– Electric Bicycles (also known as Bike)

– Pedal Bicycles

– Others (Electric Unicycle, Golf Carts, etc.)

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Geographically Analysis:

– North America

– South America

– Asia-Pacific

– Middle East & Africa

– Europe

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Ofo, Mobike, Hello Bike, Scoot, Skip Transportation, Spin, Bird, Lime, Rydies, Segway Inc., Dynamic Bicycles, Uber, Micro Mobility Systems, Others.

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About Us:

MarkNtel Advisors is a leading research, 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 15 diverse industrial verticals.

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