Global Micro-Mobility Charging Infrastructure Market is anticipated to reach US$ 11.50 Bn. by 2027 from US$ 3.24 Bn. in 2019 at a CAGR of 23.5 % during a forecast period.

Global Micro-Mobility Charging Infrastructure Market
Global Micro-Mobility Charging Infrastructure Market Overview

In the transportation sector and other commercial companies, micro-mobility is proving to be profitable, which requires a robust micro-mobility charging infrastructure. The market for micro-mobility charging infrastructure is expected to grow at CAGR of 23.5% during the forecast period as robust charging infrastructure becomes a better tool for the growing popularity of two-wheelers.

Global Micro-Mobility Charging Infrastructure Market

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The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.
Global Micro-Mobility Charging Infrastructure Market Dynamics

Increased investments in micro-mobility modes of transportation are primarily responsible for markets growth during the forecast period. Many people are expected to switch to micro-mobility as a form of transportation to minimize pollution. An awareness of greenhouse gas emissions and a flexible mode of transportation are the other factors considered for the market's growth. In terms of energy conversion, this method of transportation is more efficient than other fossil fuel vehicles. As a result, rising oil and gas costs and increased traffic congestion on roads are expected to open up new market opportunities during the forecast period.

A rapidly rising demand for shared mobility solutions is expected to drive market growth. Consumer preferences have shifted away from owning a car and toward mobility sharing as it is convenient and cost-effective transportation. Micro-mobility infrastructure providers are taking advantage of this shared mobility environment, which is expected to drive the market's growth.

Global Micro-Mobility Charging InfrastructureHowever, low awareness about shared mobility in developing countries and a lack of laws for the use of micro-mobility automobiles are expected to hamper the growth of the micro-mobility charging infrastructure market.
Global Micro-Mobility Charging Infrastructure Market Segmentation Analysis

By Vehicle Type, The e-scooter segment dominated the market in 2019, accounting for more than 60% of global sales. Commuters are increasingly using e-scooters since they are easier to park and recharge. With electricity easily provided from renewable sources of power such as solar panels, e-scooters are likely to become more popular due to their environment-friendly mode of transportation.

Global Micro-Mobility Charging Infrastructure

By Power Source, in 2019, the battery-powered segment dominated the market, accounting for about 57.0 percent of global sales. The battery-powered charging stations can be found in both public and private parking lots and garages. DC chargers account for most of the actual chargers required for installation in an electric car and play a key part in the public charging component. Furthermore, these stations can charge numerous vehicles at the same time.
Global Micro-Mobility Charging Infrastructure Market Regional Insights

In 2019, the Asia Pacific region dominated the Micro-mobility charging infrastructure market, accounting for over 44 percent of the global sale. The growth is attributed to the economic benefits of lowering air pollution, enhancing energy security, and electrification, notably in Indonesia and Thailand. Moreover, Micro mobility offers a cheaper & faster alternative than traditional mobility systems. This, as a result, is expected to create growth opportunities for the market players in the region.

Global Micro-Mobility ChargingNorth America is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to the rising awareness about greenhouse gas emissions and flexible modes of transportation. Furthermore, a significant number of well-known companies in the region are expected to boost the regional market growth.

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Global Micro-Mobility Charging Infrastructure Market Scope: Inquire before buying

Global Micro-Mobility Charging
Global Micro-Mobility Charging Infrastructure Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Micro-Mobility Charging Infrastructure Market Key Players

• Ather Energy
• Bikeep
• Flower Turbines
• GetCharged, Inc
• GiulioBarbieri SRL
• bike-energy
• Ground Control Systems
• Magment GmbH
• Perch Mobility
• Robert Bosch GmbH
• Solum PV
• SWIFTMILE
• The Mobility House GmbH
• Alfen N.V
• Allego B.V
• Continental AG
• Leviton Manufacturing Co., Inc
• Magna International Inc
• SemaConnect
Frequently Asked Questions

1. What is the projected market size & growth rate of Micro-Mobility Charging Infrastructure Market?
Ans-Micro-Mobility Charging Infrastructure Market was valued at USD 3.24 Billion in 2019 and is projected to reach USD 11.50 Billion by 2027, growing at a CAGR

of 23.5 % during the forecast period.

2. What is the key driving factors for the growth of Micro-Mobility Charging Infrastructure Market?
Ans- Growing awareness of greenhouse gas emissions and flexible mode of transportation are the driving factors expected for the markets growth during the forecast period.

3. What segments are covered in Micro-Mobility Charging Infrastructure Market?
Ans-Global Micro-Mobility Charging Infrastructure Market is segmented based on Vehicle Type, Charger Type, Power Source, End-use and Region.

4. Which region contributes notably towards the global Micro-Mobility Charging Infrastructure Market earnings?
Ans- In 2019, the Asia Pacific region dominated the Micro-mobility charging infrastructure market, accounting for over 44 percent of global sale. The growth is attributed to the economic benefits associated with the lowering air pollution, enhancing energy security, and electrification, notably in Indonesia and Thailand.

5. What are the top players operative in Micro-Mobility Charging Infrastructure Market?
Ans- The key market participants include Ather Energy, bike-energy, Bikeep, Flower Turbines, Get Charged, Inc, GiulioBarbieri SRL, Ground Control Systems, Magment GmbH, Perch Mobility, Robert Bosch GmbH, Solum PV

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