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Global Micro-mobility Market to reach USD XX billion by 2027.

Global Micro-mobility Market Size study, by Vehicle Type (Electric Kick Scooters, Electric Skateboards and Electric Bicycle), by Battery (Sealed Lead Acid, NiMH and Li-Ion), by Voltage (Below 24V, 36V, 48V and Greater than 48V), and Regional Forecasts 2021-2027

Product Code: ALTPCV-76752903
Publish Date: 2-09-2021
Page: 200

Global Micro-mobility Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Micro-mobility refers to a range of small, lightweight vehicles operating at a speed of not more than 15 miles per hour (25 km/h) and considered ideal for commuting within 10 km range. Rising awareness about carbon emissions from fossil fuels vehicles and environment degradation is growing the trend of micro-mobility vehicles. Additionally, growing preference for micro mobility shared trips and rising charging infrastructure for micro mobility vehicles. For instance, according to National Association of City Transportation Officials, number of micro mobility shared trips in United States has increased from 28 million in 2016 to 84 million in 2018. Also, in 2019, Charge announced its plan to construct charging and storage stations at 6,000 locations, in accordance with expanding its network of charging, storage and service stations for e-bikes and electric scooter across the US and Europe. Furthermore, government initiatives to increase the adoption of clean-energy vehicles and new product launches by market players are expected to increase the demand for micro-mobility market during the forecast period. In April 2021, Electric Assisted Vehicles (EAV) Limited launched EAV2Charge, a new ultra-lightweight commercial vehicle. The launch is aimed to enable e-scooter companies to achieve a more sustainable approach to their operations. However, lack of public awareness and strategic framework for micro-mobility vehicles and insufficient charging infrastructure in developing countries are expected to hinder the growth during forecast period.

Asia Pacific is leading the world market among Asia Pacific, North America, Europe, Latin America, and Rest of the World, due to growing urbanization in the region leading to congested roads and growth of micro-mobility vehicles as cheaper and faster alternative to traditional vehicles. Whereas, North America is expected to grow at the fastest pace during forecast period, owing to rapid spread of charging infrastructure and rising awareness about eco-friendly mobilization.
Major market player included in this report are:

Yadea Technology Group Co., Ltd
Boosted USA
Airwheel Holding Limited
Accell Group
Derby Cycle
Yellow Scooters
Bird Rides, Inc.
Lime Scooter

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:
Electric Kick Scooters
Electric Skateboards
Electric Bicycle
By Battery:
Sealed Lead Acid
By Voltage:
Below 24V
Greater than 48V

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Micro-mobility Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Micro-mobility Market, by Region, 2019-2027 (USD Billion)
1.2.2. Micro-mobility Market, by Vehicle Type, 2019-2027 (USD Billion)
1.2.3. Micro-mobility Market, by Battery, 2019-2027 (USD Billion)
1.2.4. Micro-mobility Market, by Voltage, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Micro-mobility Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Micro-mobility Market Dynamics
3.1. Micro-mobility Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising awareness about environment degradation due to fossil fuel vehicles Growing preference for shared micro-mobility services
3.1.2. Market Restraint Lack of public awareness Lack of strategic framework for micro-mobility vehicle and charging infrastructure
3.1.3. Market Opportunities Government initiatives for clean-energy vehicles New product launches
Chapter 4. Global Micro-mobility Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Micro-mobility Market, by Vehicle Type
5.1. Market Snapshot
5.2. Global Micro-mobility Market by Vehicle Type, Performance – Potential Analysis
5.3. Global Micro-mobility Market Estimates & Forecasts by Vehicle Type 2018-2027 (USD Billion)
5.4. Micro-mobility Market, Sub Segment Analysis
5.4.1. Electric Kick Scooters
5.4.2. Electric Skateboards
5.4.3. Electric Bicycle
Chapter 6. Global Micro-mobility Market, by Battery
a. Market Snapshot
6.1. Global Micro-mobility Market by Battery, Performance – Potential Analysis
6.2. Global Micro-mobility Market Estimates & Forecasts by Battery 2018-2027 (USD Billion)
6.3. Micro-mobility Market, Sub Segment Analysis
6.3.1. Sealed Lead Acid
6.3.2. NiMH
6.3.3. Li-Ion
Chapter 7. Global Micro-mobility Market, by Voltage
b. Market Snapshot
7.1. Global Micro-mobility Market by Voltage, Performance – Potential Analysis
7.2. Global Micro-mobility Market Estimates & Forecasts by Voltage 2018-2027 (USD Billion)
7.3. Micro-mobility Market, Sub Segment Analysis
7.3.1. Below 24V
7.3.2. 36V
7.3.3. 48V
7.3.4. Greater than 48V
Chapter 8. Global Micro-mobility Market, Regional Analysis
8.1. Micro-mobility Market, Regional Market Snapshot
8.2. North America Micro-mobility Market
8.2.1. U.S. Micro-mobility Market Vehicle Type breakdown estimates & forecasts, 2018-2027 Battery breakdown estimates & forecasts, 2018-2027 Voltage breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Micro-mobility Market
8.3. Europe Micro-mobility Market Snapshot
8.3.1. U.K. Micro-mobility Market
8.3.2. Germany Micro-mobility Market
8.3.3. France Micro-mobility Market
8.3.4. Spain Micro-mobility Market
8.3.5. Italy Micro-mobility Market
8.3.6. Rest of Europe Micro-mobility Market
8.4. Asia-Pacific Micro-mobility Market Snapshot
8.4.1. China Micro-mobility Market
8.4.2. India Micro-mobility Market
8.4.3. Japan Micro-mobility Market
8.4.4. Australia Micro-mobility Market
8.4.5. South Korea Micro-mobility Market
8.4.6. Rest of Asia Pacific Micro-mobility Market
8.5. Latin America Micro-mobility Market Snapshot
8.5.1. Brazil Micro-mobility Market
8.5.2. Mexico Micro-mobility Market
8.6. Rest of The World Micro-mobility Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Yadea Technology Group Co., Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Boosted USA
9.2.3. Airwheel Holding Limited
9.2.4. Accell Group
9.2.5. Derby Cycle
9.2.6. Xiaomi
9.2.7. Yellow Scooters
9.2.8. Bird Rides, Inc.
9.2.9. Lime Scooter
9.2.10. Micro Mobility Systems AG
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Data Analysis:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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