In-depth study of the micro-mobility market with key trends,

Micro-mobility market

According to our latest Market Research on “Micro-Mobility Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Type (First & Last Mile, Short Distance Journeys); Location (Tracks, Roads, Trails ); application (commercial, Private); Level of autonomy (Manual, Semi-autonomous, Autonomous) and Geography”

Micro-mobility involves transportation using lightweight vehicles like shared bicycles, electric scooters, electric skateboards, etc. Micro-mobility vehicles are mainly used to travel short distances. These vehicles can be used for private or commercial purposes. Moreover, given the traffic congestion in urban areas, the demand for micro-mobility vehicles is expected to increase significantly. For the forecast period, the micromobility market is expected to show promising growth.

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Companies profiled in this report include: Bird Rides, Inc., Donkey Republic, Dynamic Bicycles, Inc., Floatility GmbH, Lime, Mobike, Rydies, Skip, Spin (Skinny Labs Inc.), Zagster Inc.

MARKET SEGMENTATION

On the basis of type, the global micro-mobility market is segmented into first and last mile trips and short distance trips.

Based on location, the market is segmented into tracks, roads and trails.

Based on application, the market is divided into commercial and private.

Based on the level of autonomy, the market is segmented into manual, semi-autonomous and autonomous.

MARKET DYNAMICS

Drivers

Quick and easy movement over short distances.

Rising urbanization and rising per capita disposable income to drive the growth of the micro-mobility vehicle market.

New market players are entering the market given the increased use of micro-mobility vehicles.

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IMPACT OF COVID-19 ON THE MICRO-MOBILITY MARKET

COVID-19 started in Wuhan (China) in December 2019 and since then it has spread at a rapid pace across the world. The United States, India, Brazil, Russia, France, United Kingdom, Turkey, Italy and Spain are among the worst affected countries in terms of confirmed cases and reported deaths. COVID-19 has affected the economies and industries of various countries due to lockdowns, travel bans and business closures. The closure of various factories and plants has affected global supply chains and negatively impacted manufacturing, delivery schedules and product sales in the global market. Due to the pandemic, the movement of people from one place to another has been significantly restricted. In addition, due to job losses and wage reductions, the customer’s purchasing power has been reduced. They tried to avoid all non-essential expenses. Considering these factors, the demand for micro-mobility vehicles has been greatly affected.

Key suggestions for new participants.

Piece of the cake review of major trading players.
Market guesses over at least 9 years of the relative multitude of referenced local fragments, sub-portions and business sectors.
Market trends (drivers, restraints, opportunities, threats, challenges, investment opportunities and suggestions).
Organizational profiling with point-by-point techniques, financials and current events.
Seriously organize the planning of the main regular patterns.
Key suggestions in key business parts based on market assessments.

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The Insight Partners is an industry unique research provider of actionable intelligence. We help our clients find solutions to their research needs through our syndicated research and advisory services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Health IT, Manufacturing and Construction, Medical Devices , technology, media and telecommunications, chemicals and materials.

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