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Micromobility Market Expected to Surge from $44.13 Billion in 2020 to $214.57 Billion by 2030

26 Jan 2025 | Abstracted from OpenPR

"Micromobility refers to a range of small, lightweight vehicles operating at a speed of not more than ~15 miles per hour (25 kmph) and considered ideal for commuting within ~10 km range. This actively includes the usage of different types of vehicles such as bicycles, e-bikes, electric scooters, electric skateboards, shared bicycles, and electric pedal assisted bicycles and others.

"Presently, the global micromobility industry is dominated by Asia-Pacific followed by Europe, North America..."

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