Micro Mobility Market Size – USD 65.58 Billion in 2019, Market Growth – at a CAGR of 18.8%, Market Trends – Increasing adoption of advanced telematics technologies
Bird Rides announced the launch of a new electric micro mobility offering named Bird Cruiser, which is a new seated electric vehicle. The new electric micro mobility offering increases access for a greater number of individuals who want to adopt eco-friendly transportation in place of car trips.
The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Micro Mobility industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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The global micro mobility market is expected to reach a market size of USD 290.39 Billion in 2028 and register a double-digit CAGR over the forecast period, according to latest analysis by Emergen Research.
The report also covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among others.
Global Micro Mobility Market: Competitive Outlook
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner. Alongside describing the vast competitive landscape of the Micro Mobility market, the report estimates the CAGR for the market during the projected timeframe.
Key players in the market include Bird Rides, Inc., Lime Scooter, Micro Mobility Systems Ltd.s, Ofo Inc., Mobike, Motivate International Inc. (Lyft), Pride Mobility Products® Corporation, Golden Technologies, Uber, and Invacare Corporation.
Rising investments by companies offering micro mobility solutions is also resulting in development of more cost-effective and advanced vehicles in the micro mobility solutions market.
Regional Bifurcation:
· The latest report categorizes the global Micro Mobility market into various regions across the globe, based on their market dominance and revenue share.
· The report briefs about the market share data of each of the regional segments, along with the potential growth drivers of these regions.
· The report includes valuable insights into the import and export trends, revenue estimation, and production and consumption rates, as well as the leading players of each region.
· Top Regions operating in the market include: North America, Asia Pacific, Europe, Latin America, Middle East & Africa
At the same time, the document offers detailed insights into the pertinent industries, business organizations, and various local and international manufacturers and vendors.
Urban consumers are increasingly adopting micro mobility solutions due to enhancement in connectivity, mobile payments, quick battery charging, convenience of these solutions, and growing smartphone penetration in urban and rural areas.
Other significant aspects determining the global market remuneration over the projected timeline:
· The global Micro Mobility market report elaborates on the diverse product range, as well as the scope of product application of this particular business vertical.
· The report also encompasses other vital information associated with the global market, for instance, market share, production growth rate, net profit, and application segments.
· The key factors like market concentration rate, raw material processing rate, current price trends, and estimated growth prospects of the industry have also been evaluated in this report.
· The report draws a precise inference of the global Micro Mobility market, giving details about the marketing approach of the leading companies, their market positions, and marketing channel development.
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The report also offers a generic summary of the application gamut of the global Micro Mobility market, detailing on the market share and product demand for each application segment.
· Application Outlook (Revenue, USD Billion; 2021–2028)
o Residential
o Commercial
· Type Outlook (Revenue, USD Billion; 2021–2028)
o 2-wheeler
o 3-wheeler
o Others
· Travel Range Outlook (Revenue, USD Billion; 2021–2028)
o Up To 20 Km
o 20-40 Km
o More than 40 Km
· Weight Capacity Outlook (Revenue, USD Billion; 2021–2028)
o Up to 100 Kg
o 100-250 Kg
o More than 250 Kg
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This survey provides answers to the following important questions
· Who are the key players of the Micro Mobility market? What are the strategies adopted by them to gain a leading share of the market?
· What are the key trends and demands influencing the market growth?
· What are the crucial growth driving and restraining factors of the Micro Mobility market?
· What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter’s Five Forces Analysis.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. Key Insights
Chapter 4. Micro Mobility Market Segmentation & Impact Analysis
4.1. Micro Mobility Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising traffic congestion and longer urban commutes
4.2.2.2. Increasing gas & oil prices
4.2.2.3. Stringent government regulations regarding greenhouse gas emission
4.2.3. Market restraints analysis
4.2.3.1. Lack of awareness regarding micro mobility
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Micro Mobility Market By Application Insights & Trends, Revenue (USD Billion)
5.1. Application Dynamics & Market Share, 2019 & 2028
5.1.1. Residential
5.1.2. Commercial
Chapter 6. Micro Mobility Market By Type Insights & Trends Revenue (USD Billion)
6.1. Type Dynamics & Market Share, 2019 & 2028
6.1.1. 2-wheeler
6.1.2. 3-wheeler
6.1.3. Others
Continue..!!
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