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Micro-mobility Charging Infrastructure Global Market Analysis, Trends, Growth, Research And Forecast 2033
Micro-mobility Charging Infrastructure Global Market
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.
Market Overview -
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.
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Surge In E-Scooter And E-Bike Adoption Accelerating Micro-Mobility Charging Infrastructure Market
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.
Competitive Landscape -
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.
Technological Advancements In Charging Infrastructure
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.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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