Overview and Scope
Micro-mobility charging infrastructure refers to a micro-mobility charging infrastructure used to charge category of transportation vehicles, that offer an alternative to traditional modes of transportation. The primary purpose of the charging infrastructure is to provide electrical energy to the micro-mobility vehicle battery for recharging purposes while also utilizing intelligent communication and protection technologies to assure the safe flow of electricity.
Sizing and Forecast
The micro-mobility charging infrastructure market size has grown exponentially in recent years. It will grow from $5.66 billion in 2023 to $7.06 billion in 2024 at a compound annual growth rate (CAGR) of 24.9%. The growth in the historic period can be attributed to business viability and market competition, user experience enhancement, consumer adoption and demand, emergence of micro-mobility services, urbanization and last-mile solutions..
The micro-mobility charging infrastructure market size is expected to see exponential growth in the next few years. It will grow to $16.36 billion in 2028 at a compound annual growth rate (CAGR) of 23.4%. The growth in the forecast period can be attributed to market competitiveness and demand, smart city initiatives, user convenience, environmental concerns, integration with public transport networks.. Major trends in the forecast period include financial viability and roi, urbanization and congestion solutions, environmentally conscious solutions, collaboration with urban planners..
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Segmentation & Regional Insights
The micro-mobility charging infrastructure market covered in this report is segmented –
1) By Type: Wired, Wireless
2) By Vehicle Type: E-Scooters, E-Bikes, E-Unicycles, E-Skateboards
3) By Source: Solar Powered, Battery Powered
4) By End-Users: Residential, Commercial
Asia-Pacific was the largest region in the micro-mobility charging infrastructure market share in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the micro-mobility charging infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising adoption of e-scooters and e-bikes is expected to propel the micro-mobility charging infrastructure market going forward. An electric bike or e-scooter is a conventional bike with an electric motor to assist the action of the pedals, making cycling less stressful or replacing pedalling. The social distancing being the best line of defense against COVID-19, there has recently been a sudden increased demand for personal e-mobility. Furthermore, Climate change and the need to attain net-zero emissions are pushing the global shift to emission-free transportation. These adoptions result in greater production of e-vehicle, thus increasing the demand for micro-mobility charging infrastructure. For instance, in October 2021, Niu Technologies, a China-based electric scooter company, in there third quarter of 2021, e-scooter sales volume was 397, 079 representing a 58.3% year-over-year growth. Furthermore, the YTD (Year-to-date) sales volume in 2021 was 799726. Therefore, the rising adoption of e-scooters and e-bikes will drive the micro-mobility charging infrastructure market.
Key Industry Players
Major companies operating in the micro-mobility charging infrastructure market report are Ather Energy Private Limited, Bike-energy GmbH, Bikeep Inc., Flower Turbines Inc., Giulio Barbieri SRL, Ground Control Systems Inc., Magment GmbH, Perch Mobility Inc., Robert Bosch GmbH, Solum PV S.L., Swiftmile Inc., The Mobility House GmbH, GetCharged Inc., Charge-e Inc., Greenspot EV Charging, Tritium Pty Ltd., Webasto SE, ABL Group B.V., Alfen N.V., Ampcontrol Pty Ltd, Blink Charging Co., ChargeLab Ltd., CIRCONTROL S.A., Delta-Q Technologies Corporation, Ekoenergetyka-Polska Sp. z o.o., EVoCharge B.V., FLO Services Inc., GreenFlux B.V., innogy SE, KEBA AG, Leviton Manufacturing Company Inc.
The micro-mobility charging infrastructure market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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