Comprehensive Research Report on Global Micro-Mobility Market Analysis, Growth Forecast 2023-2028
According to MarkNtel Advisors study the Global Micro-Mobility Market research report is an extensive document that includes a plethora of information, including several opportunities and dynamics that are pertinent to the 2023–2028 projection period.
The Global Micro-Mobility Market Share is projected to grow at a CAGR of around 22% during the forecast period, i.e., 2023-28.
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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.
Competitive Landscape & Segmentation Analysis:
In order to provide a clear picture of competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Micro-Mobility market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.
- Ofo
- Mobike
- Hello Bike
- Scoot
- Skip Transportation
- Spin
- Bird
- Lime
- Rydies
- Segway Inc.
- Dynamic Bicycles
- Uber
By identifying the high growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities. From a strategic perspective, it looks at each submarket’s unique growth trajectory and market share.
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
Geographically, the Global Micro-Mobility extends across the following regions:
By Region
-North America
-South America
-Asia-Pacific
-Middle East & Africa
-Europe
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Key Benefits for Stakeholders:
- To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Micro-Mobility market analysis from 2023 to 2028.
- Information on the main factors driving the market as well as the obstacles and possibilities are provided.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
- A comprehensive examination of the Micro-Mobility market segmentation aids in identifying the dominant market opportunities.
- The major countries in each area are shown in relation to the revenue they generate for the global market.
- Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
- The research analyzes market trends for Micro-Mobility industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.
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