New York, US, June 22, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Micro Mobility Market Analysis by Weight Capacity, By Travel Range, By Type and By Application (Commercial, Residential): Forecast to 2028” valuation is poised to reach USD 210 Billion by 2028, registering an 13% CAGR throughout the forecast period (2022–2028).
Micro Mobility Market Overview
Micro-mobility vehicles are utilized for traveling short distances. Some of the most popular micro mobility vehicles used are electric vehicles, skateboards, bicycles, and others. Micro mobility vehicles have broad application areas in the commercial sector. The demand for micro-mobility vehicles is increasing across the globe. The global market for micro0-mobility has recorded a massive rise in the growth rate in the last few years. The market’s growth is mainly attributed to the rising demand for carpooling and electric riding in urban areas across the globe. These vehicles are cost-effective, sustainable, and flexible, which are the main factors for the substantial growth of the global micro-mobility Industry.
Micro Mobility Market Report Scope:
| Report Metric | Details |
| Market Size | USD 210 Billion |
| CAGR | 13% |
| Base Year | 2021 |
| Forecast Period | 2022-2028 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Weight… |
