Categories: Press Release

Micro-Mobility Market 2023 Booming Across the Globe by Growth, Segments and Forecast 2028

MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Micro-Mobility Market Size, Share, Analysis, Forecast 2023-2028.

Micro-Mobility Market Analysis and Insights:

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

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Micro-Mobility Market Dynamics

Growth Restraint: Rising Incidence of E-Bike Vandalism & Theft

With the launch of Micro-Mobility services, there are rising instances of bike vandalism, battery & bike theft, missing helmets, and theft of other bike components, among others. As a result, several Micro-Mobility service providers are shutting their businesses. In addition, many cases have been reported, such as bikes being snapped in half, dumped in rivers, & set on fire. Moreover, careless users leave their e-bikes on sidewalks & remote locations, which obstructs pedestrians & disabled persons. Hence, the increasing cases of e-bike vandalism & theft shall act as a prominent growth challenge for the global market through 2028.

Micro-Mobility Market Report Segmentation:

The report has segmented the market into the following categories:

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.)

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Market Divided by Region/Country:

By Region

-North America

-South America

-Asia-Pacific

-Middle East & Africa

-Europe

Who are the top Companies in the Micro-Mobility Market?

Ofo, Mobike, Hello Bike, Scoot, Skip Transportation, Spin, Bird, Lime, Rydies, Segway Inc., Dynamic Bicycles, Uber, Micro Mobility Systems, Others

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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.