Micro-mobility Charging Infrastructure provides power supply for electric micro-mobility options like e-scooters, e-bikes, and e-mopeds. Such micro-mobility options are gaining popularity owing to their environment-friendly nature and ability to ease urban transportation congestions. Micro-mobility Charging Infrastructure plays a crucial role in enabling more widespread adoption of shared micro-mobility services by allowing operators to quickly charge fleets of e-scooters, e-bikes, and e-mopeds.
The global Micro-mobility Charging Infrastructure Market is estimated to be valued at US$ 5160.99885 Mn in 2023 and is expected to exhibit a CAGR of 20% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of shared micro-mobility services is a major trend driving the demand for Micro-mobility Charging Infrastructure. Growing inclination towards affordable, environment-friendly, and quick urban transportation has boosted the shared micro-mobility market. In order to serve the increasing demand for shared micro-mobility and to ensure seamless operation, micro-mobility operators require efficient charging infrastructure that can rapidly charge their fleets of e-scooters, e-bikes, and e-mopeds for redployment. This has accelerated the development and deployment of innovative Micro-mobility Charging Infrastructure solutions like rapid and wireless charging stations.
Segment Analysis
The global micro-mobility charging infrastructure market is dominated by the electric bikes sub-segment. Electric bikes have grown in popularity as an affordable and environmentally-friendly mode of transportation for shorter commutes within cities. Their relatively low speed and size allows them to be conveniently parked and charged almost anywhere within urban settings. This sub-segment has witnessed increased demand with the rising adoption of rental electric bikes for last mile connectivity.
Key Takeaways
The Global Micro-Mobility Charging Infrastructure Market Size is expected to witness high growth over the forecast period supported by rising sales of electric bikes and scooters globally. The growing preference for eco-friendly personal mobility solutions is a key factor driving demand.
Regional analysis: Asia Pacific region currently dominates the global market and is expected to grow at the fastest rate during the forecast period. Countries like China, India have emerged as major manufacturing hubs for electric vehicles including electric bikes and scooters. The region accounts for the largest share of the global electric bike fleet. This is further expected to drive the need for development of robust charging infrastructure in the region.
Key players: Key players operating in the micro-mobility charging infrastructure market are Ather Energy, bike-energy, Bikeep, Flower Turbines, Get Charged, Inc., Giulio Barbieri SRL, Ground Control Systems, Magment GmbH, Perch Mobility, Robert Bosch GmbH, Solum PV, SWIFTMILE, and the Mobility House GmbH. Major players are focusing on developing innovative and smart charging solutions to support the growing fleet of shared e-scooters and e-bikes. They are also collaborating with OEMs and cities to deploy widespread charging networks.
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