Home > Automotive > Mobility > Two and Three Wheelers > Micro-Mobility Market

Micro-Mobility Market Share

Report ID: GMI6674
Published Date: Sep 2023
Report Format: PDF

Download Free Sample

Micro-mobility Market Share

Major companies operating in the micro-mobility market are

Brompton Bicycle Ltd.
FOCUS BIKES GMBH
Giant Bicycles
Go Trax
Gyroor
Halo Board
Jetson
Yamaha Motors
Micro Mobility Systems AG.

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of micro-mobility reached USD 66.4 billion in 2022 and is set to record over 13% CAGR from 2023 to 2032, due to the introduction of cutting-edge features & capabilities in e-scooters and e-bikes.

The electric propulsion segment recorded 75% of the market share in 2022, owing to the influx of advanced technologies, such as GPS tracking and app-based rentals to offer enhanced convenience.

Asia Pacific held over 70% of the market share in 2022 and may exceed USD 66.4 billion by 2032, driven by the rapid urbanization and higher congestion in cities across the region.

Some of the major micro-mobility firms include Brompton Bicycle Ltd., FOCUS BIKES GMBH, Giant Bicycles, Go Trax, Gyroor, Halo Board, Jetson, Yamaha Motors, and Micro Mobility Systems AG.