Micro Mobility Market Growth, Size, Trends Analysis ,and Segment Forecast to 2034
Global Micro Mobility Market Growth, Size, Trends Analysis- By Vehicle Type, By Battery, By Voltage - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Oct-2025 | Report ID: AMIN2587 | Pages: 1 - 244 | Formats*: |
| Category : Automotive & Transportation | |||
Micro-mobility Market Introduction and Overview
According to SPER Market Research, the Global Micro-mobility Market is estimated to reach USD 160.99 billion by 2034 with a CAGR 14.77%.
The report includes an in-depth analysis of the Global Micro-mobility Market, including market size and trends, product mix, Applications, and supplier analysis. The global Micro-mobility Market was valued at USD 40.6 billion in 2024 and is expected to grow at a CAGR of over 14.77% from 2025 to 2034. Micro-mobility, an emerging transportation sector, includes light vehicles like electric bicycles, e-scooters, and electric skateboards. Rising road congestion, higher fuel costs, parking convenience, and saturation in the automotive industry are driving its growth. The increasing popularity of e-bike and e-scooter rental and sharing services worldwide is opening new opportunities. Advances in lithium battery technology have improved battery life, reduced charging time, and lowered weight, enhancing vehicle performance and affordability. These innovations boost user experience and operational efficiency, further accelerating the expansion of the micro-mobility market.
By Vehicle Type:
Electric bicycles lead the market due to their versatility, comfort, and long-range capabilities. Suitable for both short commutes and longer trips, they can handle varied terrains with ease. Their eco-friendly nature, supported by advancements in battery technology, makes them a preferred choice for urban and suburban transportation. Additionally, e-bikes promote healthier, faster, and more efficient commuting, appealing to users seeking alternatives to traditional vehicles or public transport.
Electric kick scooters are emerging as the fastest-growing segment, thanks to their compact design, affordability, and improved battery performance. Investments in dedicated infrastructure, such as scooter lanes, charging stations, and shared services, further support their adoption in urban areas, positioning them as an effective solution for modern mobility challenges.
By Voltage:
The below 24V segment led the micro-mobility market due to its affordability, compact design, and suitability for short-distance travel. Commonly used in e-bikes, electric scooters, and other micro-mobility vehicles, these systems are lightweight, easy to handle, and maintain, making them popular among budget-conscious users. Their lower voltage requirements also promote widespread adoption, particularly in emerging markets.Conversely, the 36V segment is emerging as the fastest-growing category, offering an optimal balance of power, range, and efficiency. It enables longer, faster rides and higher performance, catering to users seeking enhanced urban commuting and recreational mobility.
By Battery:
The sealed lead acid (SLA) segment dominated the micro-mobility market due to its affordability, reliability, and low maintenance. SLA batteries offer durable, stable performance across varied temperatures, making them suitable for urban transport. Their robust design, longevity, and widespread recycling infrastructure further strengthen their market presence. Meanwhile, lithium-ion (Li-Ion) batteries are emerging as the fastest-growing segment, thanks to their high energy density, lightweight design, longer lifespan, and faster charging. With increasing demand for efficient, eco-friendly mobility solutions and ongoing technological advancements, Li-Ion adoption is set to expand rapidly across e-bikes, scooters, and other personal transport vehicles.
Regional Insights:
The North American micro-mobility market is expected to be the fastest-growing region, driven by the expansion of shared micro-mobility services and their integration with public transit. The adoption of shared electric scooters, bikes, and mopeds provides convenient, affordable, and eco-friendly options for short-distance travel. Integrating these services with public transportation improves last-mile connectivity, enhancing their appeal for daily commuters and encouraging widespread adoption, shaping the future of urban mobility in the region.
Meanwhile, the Asia Pacific market holds a leading position, fueled by rising fuel costs and urban traffic congestion. Improved battery technology, extended vehicle range, and the expansion of charging infrastructure are making e-scooters, e-bikes, and other micro-mobility options more efficient, convenient, and attractive, driving the growth of sustainable urban transportation across the region.
Market Competitive Landscape:
The Micro-mobility Market is highly consolidated. Some of the market key players are Accell Group, Airwheel Holding Limited, Boosted USA, Jiangsu Xinri E-Vehicle Co., Ltd, Kalkhoff Werke, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co. Ltd, Yamaha Motor Co., Ltd.
Recent Developments:
In June 2022, Porsche expanded its electric bike portfolio by acquiring new models from a German e-bike manufacturer. The partnership aims to develop, produce, and distribute a new generation of premium Porsche e-bikes.
In February 2022, Bird teamed up with WeGo to address transit gaps in Nashville by integrating public transportation with micro-mobility solutions. Acting as a mobility coordinator, WeGo views partnerships with providers like Bird as opportunities to expand beyond traditional transit services and offer a more comprehensive mobility experience.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Vehicle Type, By Battery, By Voltage |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Accell Group, Airwheel Holding Limited, Boosted USA, Jiangsu Xinri E-Vehicle Co., Ltd, Kalkhoff Werke, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co. Ltd, Yamaha Motor Co., Ltd. |
Key Topics Covered in the Report
- Global Micro-mobility Market Size (FY’2021-FY’2034)
- Overview of Global Micro-mobility Market
- Segmentation of Global Micro-mobility Market By Vehicle Type (Electric Kick Scooters, Electric Skateboards, Electric Bicycles)
- Segmentation of Global Micro-mobility Market By Battery (Sealed Lead Acid, NiMH, Li-Ion)
- Segmentation of Global Micro-mobility Market By Voltage (Below 24V, 36V, 48V, Greater than 48V)
- Statistical Snap of Global Micro-mobility Market
- Expansion Analysis of Global Micro-mobility Market
- Problems and Obstacles in Global Micro-mobility Market
- Competitive Landscape in the Global Micro-mobility Market
- Details on Current Investment in Global Micro-mobility Market
- Competitive Analysis of Global Micro-mobility Market
- Prominent Players in the Global Micro-mobility Market
- SWOT Analysis of Global Micro-mobility Market
- Global Micro-mobility Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs2.2.Market size estimation2.2.1.Top-down and Bottom-up approach2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats5.2.PESTEL Analysis5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape5.3.PORTERs Five Forces5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Micro-mobility Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Micro-mobility Market
7.Global Micro-mobility Market, By Vehicle Type, (USD Million) 2021-2034
7.1.Electric Kick Scooters7.2.Electric Skateboards7.3.Electric Bicycles
8.Global Micro-mobility Market, By Battery, (USD Million) 2021-2034
8.1.Sealed Lead Acid8.2.NiMH8.3.Li-Ion
9.Global Micro-mobility Market, By Voltage, (USD Million) 2021-2034
9.1.Below 24V9.2.36V9.3.48V9.4.Greater than 48V
10.Global Micro-mobility Market, (USD Million) 2021-2034
10.1.Global Micro-mobility Market Size and Market Share
11.Global Micro-mobility Market, By Region, 2021-2034 (USD Million)
11.1.Asia-Pacific11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific11.2.Europe11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe11.3.Middle East and Africa11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa11.4.North America11.4.1.Canada11.4.2.Mexico11.4.3.United States11.5.Latin America11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.Accell Group12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments12.2.Airwheel Holding Limited12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments12.3.Boosted USA12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments12.4.Jiangsu Xinri E-Vehicle Co., Ltd12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments12.5.Kalkhoff Werke12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments12.6.SEGWAY INC.12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments12.7.SWAGTRON12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments12.8.Xiaomi12.8.1.Company details12.8.2.Financial outlook12.8.3.Product summary12.8.4.Recent developments12.9.Yadea Technology Group Co. Ltd12.9.1.Company details12.9.2.Financial outlook12.9.3.Product summary12.9.4.Recent developments12.10.Yamaha Motor Co., Ltd.12.10.1.Company details12.10.2.Financial outlook12.10.3.Product summary12.10.4.Recent developments12.11.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Micro Mobility Market is projected to reach USD 160.99 by 2034, growing at a CAGR of 14.77% during the forecast period.
Micro Mobility Market size from 2025. The Market is expected to reach USD 160.99 by 2034, at a CAGR of 14.77% during the forecast period.
Micro Mobility Market CAGR of 14.77% during the forecast period.
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Micro Mobility Market size is USD 160.99 from 2025 to 2034.
Micro Mobility Market covered By Vehicle Type, By Battery, By Voltage
The North America is anticipated to have the highest Market share in the Micro Mobility Market .
"Accell Group, Airwheel Holding Limited, Boosted USA, Jiangsu Xinri E-Vehicle Co., Ltd, Kalkhoff Werke, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co. Ltd, Yamaha Motor Co., Ltd.
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