Micromobility Market Increasing Demand, Growth Analysis and Future Outlook by 2031

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 growing investment and cooperation of the government in promoting micromobility transportation as an eco-friendly alternative to public transportation in urban areas is a major factor driving the global market. For instance,  in July 2022, Neuron Mobility Pte. Ltd. partnered with Transport for New South Wales and Western Sydney Parklands for the state’s e-scooter trials. Apart from this, in December 2021, Voi Technology raised $115 million in an oversubscribed, convertible, and debt financing round that will enable Voi to continue expanding its mobility platform into new markets next year.

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• Market Coverage


• Market number available for – 2025-2031


• Base year- 2025


• Forecast period- 2025-2031


• 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


• copyright

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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