Micromobility Market: Key Growth Potential and Forecast Analysis (2024-2030)

(EMAILWIRE.COM, June 28, 2024 ) As Per Stellar Market Research, Micromobility including e-scooter, bicycles and skateboards, is poised to grow at CAGR of 17.5%. This is driven by rising fuels costs, urban congestion and parking issues. E-bike and e-scooter sharing services are expected to grow. Many cities are promoting cycling infrastructure despite the effects of COVID-19 and market congestion. Post pandemic world sees mobility returned to pre-crisis level with increased interest from consumers in micro-mobility solutions. China has capital investment of more than $5.7 billion since 2017, in micro-vehicles. This is a good indicator of growth potential and positions of micro-mobility.

To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Micromobility-Market/495

“Asia-Pacific region dominated 2023 Global Micro-mobility device Market with more than 45% market share.”

The Asi-Pacific, along with North America, and Europe are main market where global sales are centered. Governments in Japan, China, and India are setting up vehicle loading standard, which is expected to spur the growth in the region. During the forecast period of the report Asia-Pacific is projected to have fastest growing market.

For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Micromobility-Market/495

Market Segmentation:

By Vehicle Type

Skateboards

Hover board

Low Speed EVs

Segway

Mopeds and Scooters

E-kick scooters

Bicycles

By Battery Type

Sealed Lead Acid

NiMH

Li-ion

By Technology

Condensing

Non-condensing

By Fuel

Natural Gas

Oil

Coal

Other

By Sharing Type

Dockless

Docked

To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Micromobility-Market/495

Key Players includes:

Yadea Technology Group

JIANGSU XINRI E-VEHICLE

Xiaomi

SEGWAY INC.

SWAGTRON

Stellar Market Research is leading Automotive & Transportation research firm, has also published the following reports:

North America Bike Sharing Market – Market size was valued at US$ 415.00 Million in 2023 and the total revenue is expected to grow at 5.33% through 2024 to 2030, reaching nearly US$ 596.91 Million.

Europe Bike Sharing Market – Market size was valued at US$ 1.47 Billion in 2023 and the total revenue is expected to grow at 4.88% through 2024 to 2030, reaching nearly US$ 2.06 Billion.

About Stellar Market Research

Stellar Market Research is a Pune-based research firm. The company provides B2B and B2C research and reports on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies. The topics include Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and Defence, and other manufacturing sectors.