Micro-Mobility Market To Develop With A 13% CAGR By 2025| Market Size, Outlook,

Posted by Preeti on January 19th, 2021

The need for ease in mobility is predicted to spur the micro-mobility market in 2020. The bikes and motorcycles reports are made by Market Research Future, which includes market possibilities for advancement. A CAGR of 13% is estimated to steer the incomes to USD 150 Billion by 2025.

The need to develop a consistent means of transportation inside cities and towns is predicted to shape the micro-mobility market share. The limitation of parking spaces is estimated to motivate the micro-mobility market size in the years ahead. The influence of factors such as booming fuel prices and the focus on cutting carbon emissions is predicted to guide the micro-mobility market in the forthcoming period.

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Segmental Analysis

The segmental evaluation of the micro-mobility market is carried out on the basis of weight capacity, travel range, type and region. On the basis of the travel range, the micro-mobility market is segmented into 20–40 km, up to 20 km and above 40 km. Based on the type, the micro-mobility market is segmented into 3-wheeler, 2-wheeler and others. The application-based segmentation of the micro-mobility market is split into commercial and residential. Based on the weight capacity, the micro-mobility market is segmented into 100–250 kg, up to 100 kg and above 250 kg. Based on the regions, the micro-mobility market is segmented into North America, Asia Pacific, Europe and the rest of the regions.

Detailed Regional Analysis 

The regional assessment of the micro-mobility market is conducted on the basis of North America, Asia Pacific, Europe and the rest of the regions. One of the best markets for micro-mobility is the North American region due to outstanding public alertness, robust emphasis on eco-friendliness, urban development and geographical features are likely to be conducive to the usage of micro-mobility systems and the incidence of some of the foremost players within this market. The crucial drivers in the European micro-mobility market are road blocking, an increased expansion which is subsequently intensifying the typical travel distance for work and augmented applicability in industries. The principal regional market, which is the Asia Pacific region brags of some of the most urban and choked population hubs in the world. The energy and cost-efficacy of micro-mobility systems when applied to profitable and industrial enterprises, of which the Asia Pacific region is the biggest in the world, is also a motive for this market to be nurtured within the region. The intensifying expansion and the accessible ease in mobility are driving the micro-mobility market.

Competitive Analysis

The reinforcement of the distribution channels is estimated to further place the market in the right place for the future. The emphasis on marketing strategies is estimated to decline due to the focus being placed on cost optimization. The contender's progress in the market is estimated to be bolstered by the innovations that are being undertaken to enhance the core product offering in the upcoming period. The market is estimated to be energized by the incentives offered by the governments and the initiatives taken to spur the global market. The trade blockades are, however, estimated to slow down the momentum that could be attained by the market. The companies in the market are estimated to solely focus on getting their growth paths back on track to maximize the opportunities that may arise.

The eminent contenders in the micro-mobility market are EV RIDER LLC (US), Golden Technologies (US), Merits Co. Ltd (Taiwan), Yellow Scooters (US), Invacare Corporation (US), Motivate (Lyft) (US), Pride Mobility Products Corp. (US), Bird Rides, Inc. (US), Lime Scooter (US), Micro Mobility Systems AG (Switzerland), ofo Inc. (China) and Mobike (China) to name a few.

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Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

 

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

 

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Company Name: Market Research Future
Contact Person: Abhishek Sawant
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
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Preeti

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Preeti
Joined: January 13th, 2021
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