Micro Means Major: Insights into the Growing Micromobility Market

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Micromobility Market size was valued at US$ 52.39 Billion in 2023 and the total Micromobility Market revenue is expected to grow at 17.5% through 2024 to 2030, reaching nearly US$ 162.00 Billion.

Micromobility Market size was valued at US$ 52.39 Billion in 2023 and the total Micromobility Market revenue is expected to grow at 17.5% through 2024 to 2030, reaching nearly US$ 162.00 Billion.

Micromobility Market Overview:

This Micromobility market study looks at current and emerging industry trends and dynamics in the global Micromobility market. Micromobility Extensive market forecasting for the major market segments is carried out between 2024 and 2030. Extensive Micromobility market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Micromobility market, key players are profiled and their strategies are thoroughly evaluated.

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Micromobility Market Scope:

The report employs a robust research methodology, combining primary and secondary research approaches. Primary research involved interviews with industry experts, micromobility service providers, and key stakeholders to gather qualitative and quantitative data. Secondary research encompassed thorough analysis of industry databases, company reports, and market intelligence sources to validate the findings and ensure accuracy.

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Micromobility 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 Sharing Type

Dockless
Docked

Micromobility Key Players:

The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of

Yadea Technology Group Co., Ltd. (China)
JIANGSU XINRI E-VEHICLE CO., LTD. (China)
Xiaomi (China)
SEGWAY INC. (USA)
SWAGTRON (USA)
Boosted USA (USA)
Airwheel Holding Limited (USA)
YAMAHA MOTOR CO., LTD. (Japan)
Accell Group (Netherlands)
Derby Cycle (Germany)
Beam Mobility Holdings PTE. Ltd (Singapore)
Bird Rides (USA)
DOTT (Netherlands)
Electricfeel (Switzerland)
Floatility GmbH (Germany)
Lime (USA)
Neuron
VOI

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Micromobility Regional Analysis:

The report provides detailed insights into the regional dynamics of the micromobility market, covering key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region’s market size, growth potential, regulatory landscape, and competitive environment are analyzed to provide stakeholders with actionable insights and strategic recommendations.

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COVID-19 Impact Analysis on Micromobility Market:

The COVID-19 epidemic has had a significant impact on the global Micromobility industry. Micromobility Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Micromobility market to decelerate in 2020. The negative impact of COVID-19 on the Micromobility market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2023, owing to increased demand for Micromobility.

Key Questions Answered in the Micromobility Market Report are:

  • Which segment was responsible for the largest share in the Micromobility market?
  • How was the competitive scenario of the Micromobility market in 2023?
  • Which are the key factors responsible for the Micromobility market growth?
  • Which region held the maximum share in the Micromobility market in 2023?

About us:

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals.

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