The Global Market for Micro-Mobility Charging Infrastructure accounted for US$ 3,543 Million in 2021 and is anticipated to reach US$ 21,523 Million by 2030 with a CAGR of 22.5% from 2022 to 2030.

Micromobility vehicles are designed for short excursions of a few miles and drive at modest speeds, often less than 15 miles per hour. These cars are powered by electric motors and do not use internal combustion engines. Micromobility devices may be privately owned, but they are frequently shared-use vehicles maintained by a municipality or a corporate enterprise. Residents of densely populated areas will find micromobility devices, particularly appealing because they allow rapid and simple transit to adjacent places such as grocery stores, shops, and entertainment venues. For traveling and guided tours, vehicles such as eScooters, Vespas, Segways, conventional cycles, eBikes, and human-powered or electric rickshaws are also available in many large cities.

Market Dynamics

The worldwide micro-mobility charging infrastructure market is predicted to benefit from an increase in the development of micro-mobility charging stations around the world. Electric vehicles require fewer refuelling stops because to advancements in charging systems such as wireless charging (EV). Some big wireless charger manufacturers claimed to have attained a 94% efficiency rate.

Solar micro-mobility infrastructure is the development and installation of solar charging stations for two-wheeler vehicles involving personal or shared e-bicycle or e-scooter services. The Electric Drive Solar Kiosk from the Sol Design Lab, for example, is a unique blend of solar technology, energy storage, public art, and civil placemaking. Charging stations for e-bikes, scooters, and wheelchairs, as well as mobile electronics, are available at the solar-powered kiosk.

One of the major roadblocks to market growth in emerging economies is a lack of awareness regarding shared mobility. In addition, the lack of regulations encouraging the use of micro mobility vehicles is a major impediment to the market's growth. The rise in technological advancements and development in battery technology, as well as the growing demand among automobile companies to produce environmentally-friendly vehicles, will advance the segment, while e-bikes are expected to grow at the fastest growth rate, owing to the rapid development of e-bike charging stations globally. According to a survey performed by consulting company Oliver Wyman in eight nations, 44 percent of riders are willing to boost their use of micromobility choices following the epidemic. A third of riders intend to use these alternatives as much as they did prior to Covid-19, while only 22% intend to use them less.

Market Insights

Vehicle type, power source, charger type, end-use, and region are the five categories of the global micro-mobility charging infrastructure industry. Based on the vehicle type, the segmentation includes e-scooters, e-unicycles, e-skateboards, and e-bikes. Based on our analysis, the e-scooters segment is expected to dominate the micro-mobility charging infrastructure market during the predicted years. The power source segment is further categorized into solar-powered and battery-powered. The battery-powered segment is one of the significant segments in the power source market. Furthermore, residential and commercial are covered under the end-user category. The charger type segment is divided into wired and wireless. Based on the charger type model, the wired segment achieved a significant market share in 2021. Among them, the residential segment dominated the largest market share in 2021.

Global Micro-Mobility Charging Infrastructure Market Geographical Competition

North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa are the segmentation of the worldwide micro-mobility charging infrastructure industry. Because of the high degree of interest among prominent players or firms and startups in developing novel micro-mobility projects in automotive, Asia-Pacific has the largest market share among all regions. For example, Neuron Mobility, a smart e-scooter firm established in Singapore, sees e-mobility as a lucrative possibility for the country to stay competitive. Neuron Mobility, which was created in 2016, holds some of the industry's first patents for a smart scooter and intelligent charging solutions for personal mobility. Over the projected period, the North America regional market is expected to be the fastest-growing regional market. The growing awareness of the need to adopt environmentally-friendly transportation solutions can be related to regional market growth.

Global Micro-Mobility Charging Infrastructure Industry Segment Analysis

Market By Vehicle Type

·         E-bikes

·         E-scooters

·         E-unicycles

·         E-skateboards

Market By Charger Type

·         Wired

·         Wireless

Market By Power Source

·         Solar Powered

·         Battery Powered

Market By End-Use

·         Commercial

·         Residential

Micro-Mobility Charging Infrastructure Market Leading Companies

This section of the study honors the market's top vendors Alfen N.V., Allego B.V., Continental AG, Electrify America, Leviton Manufacturing Co., Inc., Magna International Inc., Neuron Mobility, SemaConnect, Stable Auto Corporation, and Swiftmile are the key companies mentioned in the research.

Micro-Mobility Charging Infrastructure Market Regions

North America

·         U.S.

·         Canada

Europe

·         U.K.

·         Germany

·         France

·         Spain

·         Rest of Europe

Latin America

·         Brazil

·         Mexico

·         Rest of Latin America

Asia-Pacific

·         China

·         Japan

·         India

·         Australia

·         South Korea

·         Rest of Asia-Pacific

Middle East & Africa

·         GCC

·         South Africa

·         Rest of Middle East & Africa