The latest research report by Emergen Research, named ‘Global Micro Mobility Market - Forecast to 2032 . The report offers these individuals a vivid description of the competitive spectrum of the global Micro Mobility Market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
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. Robust revenue growth of the market can be attributed to rapidly increasing range of transportation services and vehicles, including e-bikes, dockless and docked shared bicycles, electric scooters, and electric skateboards. Rising need to reduce traffic congestion in urban areas and reduce reliance on private vehicles and encourage use of public transport is also driving a shift towards micro mobility solutions. 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. 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.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Micro Mobility Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Micro Mobility Market growth assessed on both regional and global levels.
Key participants 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.
Market Scope:
One of the report’s central components is the broad Micro Mobility Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period.
The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Micro Mobility Market players.
1. Report Overview 1.1 Research Scope 1.2 Key Micro Mobility Market segments 1.3 Micro Mobility Market Major players 1.4 Micro Mobility Market analysis by product 1.5 Micro Mobility Market analysis by application 1.6 Report timeline
2. Global Growth Trends 2.1 Global Micro Mobility Market size 2.2 Latest Micro Mobility Market trends 2.3 Key growth trends
3. Competitive Landscape 3.1 Global Micro Mobility Market key players 3.2 Global Micro Mobility Market size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Micro Mobility Market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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