Micro-mobility Charging Infrastructure Market

Market Overview

The micro-mobility market is rapidly expanding, driven by the growing demand for sustainable and efficient urban transportation solutions. This market includes various forms of lightweight electric vehicles, such as e-scooters, e-bikes, e-unicycles, and e-skateboards. Rising urbanization, traffic congestion, and the need for cost-effective last-mile connectivity are key factors propelling the adoption of these micro-mobility solutions. Governments around the world are implementing policies to reduce carbon emissions and encourage eco-friendly transportation modes, further accelerating market growth. Additionally, advancements in battery technology and the increase in shared micro-mobility services are fostering widespread acceptance and use of these vehicles. Significant investments from both public and private sectors are enhancing the micro-mobility market, leading to the development of robust charging infrastructure and improved vehicle offerings. Asia Pacific currently leads the market due to its high population density and strong government support for sustainable transportation. North America and Europe are also experiencing substantial growth, driven by rising environmental awareness and urban mobility initiatives. The integration of mobile apps and IoT technology is improving the user experience by making it easier to locate, rent, and charge micro-mobility vehicles. As cities continue to adopt smart transportation solutions, the micro-mobility market is poised for sustained expansion, meeting the evolving needs of urban commuters.

Micro-mobility Charging Infrastructure Market Size

Report	Details
Market Size Value	USD 4.98 billion in 2024
Market Size Value	USD 23.2 billion by 2030
CAGR	CAGR of 24.5%
Forecast Period	2024-2032
Base Year	2023
Historic Data	2020
Segments Covered	Type, Charger, End User and Region
Geographics Covered	North America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Top key players are: Ather Energy, Bikeep, Flower Turbines, Bike-energy, Giulio Barbieri SRL Ground Control System, Get Charged, Inc., Magment, Perch Mobility, Robert Bosch GmbH, SWIFTMILE, Solum, The Mobility House GmbH. Market players are focusing on product advancements, such as user-friendly designs.

Increasing demand for electric vehicles:

The rising demand for electric vehicles (EVs) is a significant driver for the expansion of micro-mobility charging infrastructure. With the growing awareness of environmental issues and the need to reduce carbon emissions, consumers and governments alike are increasingly supporting the adoption of electric vehicles. This surge in EV popularity extends beyond cars to include electric scooters, bikes, and other forms of micro-mobility. As a result, the need for accessible and efficient charging solutions has become more critical than ever. The deployment of robust charging infrastructure for micro-mobility ensures that users can conveniently charge their vehicles, thereby promoting wider adoption and addressing range anxiety, which is a common concern among potential EV users. Moreover, advancements in battery technology and the increasing affordability of electric vehicles are further fueling their demand. Cities and urban areas, in particular, are seeing a rise in the use of electric scooters and bikes as they provide a convenient, cost-effective, and eco-friendly mode of transportation. This trend necessitates the development of comprehensive charging networks to support the growing number of electric micro-mobility devices.

Market Dynamics

Drivers:

• Rise in demand for electric vehicles
• Increasing crude oil prices
• Decreasing prices of batteries
• Increasing numbers of e-scooters due to increased fuel prices

Opportunities:

• Enhancing usability of charging infrastructure using mobile apps
• Rise in solar powered charging infrastructure
• Increased government subsidy for the use of electric mobility

Enhancing usability of charging infrastructure using mobile apps:

Mobile apps play a vital role in improving the usability of micro-mobility charging infrastructure. By merging technology with transportation, these apps provide users with real-time information about the availability and location of charging stations, ensuring a smooth charging experience. Users can easily find the nearest charging points, check their operational status, and even reserve a spot in advance, reducing wait times and avoiding the frustration of arriving at a non-functional station. Additionally, mobile apps often feature navigation assistance, charging progress updates, and notifications when charging is complete, allowing users to efficiently manage their time and travel plans. Furthermore, mobile apps enhance the user experience by offering integrated payment solutions. Users can link their payment methods to the app, enabling quick and secure transactions at charging stations. Many apps also provide usage history and cost breakdowns, allowing users to monitor their expenses and usage patterns. Some apps offer loyalty programs or incentives, encouraging more frequent use of electric micro-mobility options. By centralizing all these functionalities, mobile apps make the charging process more user-friendly, promoting broader adoption of electric scooters, bikes, unicycles, and skateboards.

Asia Pacific dominates the market for micro-mobility charging infrastructure market:

Asia Pacific is the leading region in the micro-mobility charging infrastructure market, driven by its high population density, rapid urbanization, and strong government support for sustainable transportation solutions. Countries such as China, Japan, and South Korea have seen significant growth in the use of electric scooters, bikes, and other micro-mobility options. These nations have made substantial investments in developing extensive charging networks to meet the increasing demand, ensuring that users have access to reliable and efficient charging infrastructure. The widespread adoption of e-scooter sharing services and the growing use of electric vehicles in urban areas further strengthen Asia Pacific's dominant position in this market. In contrast, North America is an emerging market for micro-mobility charging infrastructure, experiencing significant growth. The increasing awareness of environmental issues and the drive to reduce carbon emissions have led to the adoption of electric micro-mobility solutions in cities across the United States and Canada. While the market is still developing, there is a notable trend of investments in charging infrastructure by both public and private entities. This growth is fueled by initiatives to promote sustainable urban transportation and the rising popularity of e-scooter sharing programs, positioning North America as an increasingly important player in the global micro-mobility charging infrastructure market.

E-Scooters is leading segment holds the largest market share:

Among the various segments within the micro-mobility market, e-scooters dominate the charging infrastructure landscape. E-scooters have become particularly popular in urban areas due to their convenience, affordability, and ease of use. They offer an efficient solution for short-distance travel, addressing the last-mile connectivity challenge that is prevalent in many cities. As a result, the demand for e-scooter charging stations has surged, prompting significant investments from both private companies and public entities to establish extensive charging networks. This dominance is further supported by the widespread adoption of e-scooter-sharing services. Companies like Lime, Bird, and Spin have rolled out extensive fleets of e-scooters in cities worldwide, necessitating robust charging infrastructure to support their operations. These services rely heavily on a reliable and accessible charging network to ensure their fleets are always ready for use, driving continuous growth and development in this segment. Consequently, the e-scooter segment's strong presence and rapid expansion have made it the leading force in the micro-mobility charging infrastructure market.Top of FormBottom of Form

Segmentations analysis of micro-mobility charging infrastructure market: -

Major market segments:

• By Vehicle type:

• E-scooters
• E-bikes
• E-unicycles
• E-skateboards
• Others
   
• By Charger type:
• Wired
• Wireless
   
• By Power Source:
• Solar Powered
• Battery Powered
• Others

• By End-Use:

• Commercial
• Residential

• By Region:
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Peru
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • BENELUX
    • CIS & Russia
    • Nordics
    • Austria
    • Poland
    • Rest of Europe
  • Asia Pacific

• China
• Japan
• South Korea
• India
• Thailand
• Indonesia
• Malaysia
• Vietnam
• Australia & New Zealand
• Rest of Asia Pacific
  • Middle East & Africa

• Saudi Arabia
• UAE
• South Africa
• Nigeria
• Egypt
• Israel
• Turkey
• Rest of MEA

Recent Developments:

• In January 2022, Soltsol AG partnered with Swiftmile, a light electric vehicle charging company, to provide customers with cost-effective solutions for setting up and managing e-mobility charging hubs on public and private properties. This collaboration aims to deploy 150 LEV charging hubs across Germany.

• In May 2021, LG Electronics Inc. introduced wireless charging solutions for electric scooters. Additionally, the company partnered with Kickgoing, an electric scooter-sharing service provider, to set up a wireless charging station in Bucheon for local electric scooter users.

• In April 2021, HeroMotoCorp and Gogoro Inc. formed a partnership to expedite the shift towards electric mobility in India. This collaboration aimed to introduce a battery-swapping venture to bring Gogoro's platform to the country and to jointly develop Hero brand vehicles powered by the Gogoro Network.

Answers to Following Key Questions:

• What will be the micro-mobility charging infrastructure market’s trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers in the micro-mobility charging infrastructure market?
• What are the main forces behind worldwide micro-mobility charging infrastructure market? Which companies dominate micro-mobility charging infrastructure market?
• Which companies dominate micro-mobility charging infrastructure market? Which business possibilities, dangers, and tactics did they embrace in the market?
• What are the global insight engines industry's suppliers' opportunities and dangers in micro-mobility charging infrastructure market?
• What is the insight engines industry's regional sales, income, and pricing analysis? In the micro-mobility charging infrastructure market, who are the distributors, traders, and resellers?
• What are the main geographic areas for various trades that are anticipated to have astounding expansion over the micro-mobility charging infrastructure market?
• What are the main geographical areas for various industries that are anticipated to observe astounding expansion for micro-mobility charging infrastructure market?
• What are the dominant revenue-generating regions for micro-mobility charging infrastructure market, as well as regional growth trends?
• By the end of the forecast period, what will the market size and growth rate be?
• What are the main micro-mobility charging infrastructure market trends that are influencing the market's expansion?
• Which key product categories dominate micro-mobility charging infrastructure market? What is micro-mobility charging infrastructure market’s main applications?
• In the coming years, which micro-mobility charging infrastructure market technology will dominate the market?