Micro Mobility Market 2021 Global Key Players, Trends, Share, Segmentation, Opportunities, Forecast To 2028

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Increasing traffic congestion, rising air pollution levels, and longer urban commutes are some key factors driving growth of the global micro mobility market.

The latest report, titled ‘Global Micro Mobility Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Micro Mobility market scenario. The research report provides the reader with an in-depth interpretation of the Micro Mobility market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Micro Mobility industry.

The global micro mobility market is anticipated to grow at a double-digit CAGR over the forecast period, reaching a market size of USD 290.39 billion in 2028. The rapidly expanding variety of mobility services and vehicles, such as e-bikes, dockless and docked shared bicycles, electric scooters, and electric skateboards, is responsible for the market's robust revenue growth. Micro mobility solutions are becoming more popular because to the growing need to relieve urban traffic congestion, minimise dependency on private vehicles, and promote the use of public transportation. Due to improved connection, mobile payments, quick battery charging, the convenience of these solutions, and rising smartphone penetration in both urban and rural areas, urban customers are adopting micro mobility solutions at an increasing rate. The market for micro mobility solutions is seeing the development of more affordable and sophisticated vehicles as a consequence of increasing investments by businesses that provide these solutions.

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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Micro Mobility market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Micro Mobility market:

Bird Rides, Inc., Lime Scooter, Micro Mobility Systems Ltd., Ofo Inc., Mobike, Motivate International Inc. (Lyft), Pride Mobility Products Corporation, Golden Technologies, Uber, Invacare Corporation

Global Micro Mobility Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

RD Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Segments Covered in this report are:

  • Application Outlook (Revenue, USD Billion; 2021–2028)

    • Residential
    • Commercial
  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • 2-wheeler
    • 3-wheeler
    • Others
  • Travel Range Outlook (Revenue, USD Billion; 2021–2028)

    • Up To 20 Km
    • 20-40 Km
    • More than 40 Km

Key Parameters Analyzed in This Section:

Company Profiles

Gross Revenue

Profit margins

Product sales trends

Product pricing

Industry Analysis

Sales distribution channels

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Regional Outlook of Micro Mobility Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Research Report on the Micro Mobility Market Addresses the Following Key Questions:

Who are the dominant players of the Micro Mobility market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Micro Mobility market?

What are the key growth drivers and restraining factors of the Micro Mobility market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Micro Mobility market and its key segments?

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