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The Micro-Mobility Charging Infrastructure Global Market Report 2023 by The Business Research Company, provides micro-mobility charging infrastructure market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Micro-Mobility Charging Infrastructure Global Market Report 2023, the market size is expected to grow from $4.53 billion in 2022 to $5.67 billion in 2023 at a compound annual growth rate (CAGR) of 25.1% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the micro mobility charging infrastructure market is expected to reach $13.18 billion in 2027 at a CAGR of 23.4%.
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.
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The micro-mobility charging infrastructure market 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
Technological advancement is the key trend gaining popularity in micro mobility charging infrastructure market. Major companies operating in micro mobility charging infrastructure are focusing on developing new innovative products using technological advancements to improve their offerings and enhance user experience. For instance, in August 2022, Dat Bike, a Vietnam-based provider of electric vehicles launched Dat Charge an ultra-fast charging station for its electric-bikes. Dat Charge cuts EV charging time by charging 100km in 20 minutes as opposed to 60 minutes or more for normal EV charging stations.
The micro-mobility charging infrastructure market report table of contents includes:
1. Executive Summary
2. Micro-mobility Charging Infrastructure Market Characteristics
3. Micro-mobility Charging Infrastructure Market Trends And Strategies
4. Micro-mobility Charging Infrastructure Market - Macro Economic Scenario
5. Micro-mobility Charging Infrastructure Market Size And Growth
…….
26. Africa Micro-mobility Charging Infrastructure Market
27. Micro-mobility Charging Infrastructure Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Micro-mobility Charging Infrastructure Market
29. Micro-mobility Charging Infrastructure Market Future Outlook and Potential Analysis
30. Appendix
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