Micromobility market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. Micromobility Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Micromobility Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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The increasing campains to promote micromobility is a key factor driving the growth of the global micromobility market. For instance, in April 2024, ADO E-bike has launched an Indiegogo crowdfunding campaign for a new lightweight folding model: the Air Carbon. The e-bike weighs 12.5 kg (~27.6 lbs) and offers a 100 km (~60 miles) assistance range. Plus, those who pledge to the campaign could receive the electric bicycle with a 40.0% discount. In same month, in a bid to encourage eco-friendly transportation and celebrate the spirit of environmental consciousness, DYU Electric Bikes announced its April Eco-Riding Campaign. This initiative offers substantial discounts on a selection of DYU’s electric bikes, making sustainable commuting more accessible to everyone. The campaign aligns with global efforts to promote environmental sustainability by reducing carbon footprints, one ride at a time.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Micromobility Market Report Segment
By Type
- Electric Kick Scooters
- Electric Skateboards
- Electric Bicycles
By Battery Type
- Lead-acid
- Nicked Metal
- Hydride
- Lithium-Ion
Global Micromobility Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global micromobility market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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