Insights on the Micromobility Global Market to 2030 – Rapid Urbanization and Local Commute Requirements are Driving Growth

The “Micromobility Market by Propulsion Type, Vehicle Type Sharing Type and Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to’s offering.

Micromobility is the usage of small & light weight vehicles by individuals to commute from one place to another within cities.

The use of micromobility created numerous impacts on traffic congestion situations in metropolitan cities by reducing the on-road traffic to a much larger extent.

Moreover, the introduction of smart infrastructure followed by the availability of semi-autonomous & autonomous vehicles has created a huge positive impact on the micromobility industry.

Prominent factors driving growth of the global micromobility market rise in trend of on-demand transportation services, government initiatives for smart cities, and rise in venture capital and strategic investments, supplement the growth of the global micromobility market.

However, low rate of internet penetration in developing regions and rise in bike vandalism & theft are the factors that hamper the growth of the global market. Moreover, intelligent transportation system and increasing government initiatives for the development of bike-sharing infrastructure are expected to create numerous opportunities for the growth of the global micromobility market across the globe.

The global micromobility market has been segmented on the basis of propulsion type, vehicle type, sharing type, age group, and region. Based on propulsion type, the market has been bifurcated into human powered and electrically powered.

Based on vehicle type, the market has been fragmented into E-kick scooters, Bicycles, Skateboards, Hoverboard, Low Speed EVs, Segway and Mopeds and Scooters. Based on sharing type, the market has been divided into docked and dock-less. Based on age group, the market has been classified into 15-34, 35-54, and 55 and above. By region, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Beam Mobility Holdings, Bird, Electricfeel, Dott, Lime, Neuron Mobility, VOI, Yulu, Zagster, and Floatility GmbH as the service providers, which are operating efficiently in the micromobility market.
Key Benefits
This study presents analytical depiction of the global micromobility market analysis along with current the trends and future estimations to depict imminent investment pockets. The overall micromobility market opportunity is determined by understanding profitable trends to gain a stronger foothold. The report presents information related to the key drivers, restraints, and opportunities of the global micromobility market with a detailed impact analysis. The current micromobility market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the indu

This article was shared with Prittle Prattle News as a Press Release by PRNewswire

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