April 2025
19 Aug 2025
The global micro-mobility market revenue reached USD 5.05 billion in 2025 and is predicted to attain around USD 13.43 billion by 2033 with a CAGR of 13%.
Some sales insight revealing the strong growth of micro-mobility market during the past few years are listed below
Asia Pacific dominated the global micro-mobility market by generating the highest revenue share in 2024. The dominance of the region is attributed to the higher urban population density that is constantly driving demand for cost-effective commuting solutions. Moreover, countries like India, China and Japan are promoting the use of these vehicles due to the rising traffic congestion. The governments are providing subsidies to EV users as part of reducing pollution and promoting sustainability.
China stands as the leading country due to its dominance in global EV production. The country has been constantly manufacturing multiple EVs at lower costs, which makes it the most demanding country in the region. Additionally, the Chinese government is promoting the local manufacturers, which will help them strengthen their economy.
The Asia Pacific region is the home to the globe’s largest population. The major countries such as China, Japan, Australia, and India are investing heavily on the development of electric vehicle charging infrastructure. The formulation and implementation of favorable regulations and policies is fostering the adoption of the micro-mobility among the population. The rapid industrialization in economies such as China, Japan, South Korea, and India have contributed significantly to the carbon emission and now the rising need for environment protection is leading to the implementation of reducing carbon emission policies and adoption of sustainable mobility solutions. The rising consumer awareness regarding the micro-mobility solutions and the subsidies provided by the government to promote the adoption of e-mobility solutions are collectively boosting the growth of the Asia Pacific micro-mobility market.
North America is expected to grow considerably during the forecast period of 2025 to 2034. The growth of the segment is attributed to the rising environmental awareness among individuals that promotes EVs in their daily usage. The governments are investing heavily in building a suitable infrastructure for these bikes. Moreover, the rising investments from the global players are expected to make these vehicles more affordable for individuals.
The United States stands as a crucial player in the market due to the rising distribution channel expansion, which is increasing the accessibility and affordability of these vehicles. Moreover, rising technological advancements are also expected to drive the growth in multiple uses.
| Report Attribute | Key Statistics |
| Market Revenue in 2025 | USD 5.05 Billion |
| Market Revenue by 2033 | USD 13.43 Billion |
| CAGR from 2025 to 2033 | 13% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | Asia Pacific |
| Base Year | 2024 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
There has been a significant rise in the adoption of bike pool and car pool services among the office commuters across the globe and it is one of the key factors that is expected to drive the growth of the ride sharing and ride hailing services. The growing demand for the ride sharing services for travelling short distances and long distances is driving the growth of the micro-mobility market. Many of the consumers prefers to own an electric bike or scooters and the direct-to-consumer sales of e-bikes is boosting the demand for the micro-mobility solutions. Many venture capitalists and startups have identified this demand for the e-bikes and the investors are heavily investing to meet this demand for the micro-mobility solutions among the consumers. The aforementioned factors are expected to boost the growth of the global micro-mobility market during the forecast period.
The presence of proper infrastructure that supports micro-mobility is an important factor that supports the growth of the micro-mobility market. Many developed and developing nations are investing in the development of micro-mobility-friendly infrastructure to boost the adoption of the micro-mobility solutions. Many developing regions like India and Africa are yet to develop a bike-friendly infrastructure. Most of the African cities does not have proper bike specific infrastructure and safety has become the major issue there. Moreover, in some nations, biking and cycling is either considered as a transport solution for the poor or an elitist sports for the wealthy people. Therefore, the lack of proper micro-mobility solution and the wrong perception of the consumers act as a major restraint or challenge for the micro-mobility market.
North America Forecast the Strongest Growth Rate during the Forecast Year
In the recent years, most of the bike hailing companies in North America has jumped onto micro-mobility field to include all types and forms of transport solutions in their service portfolio. The ride hailing giant like Uber has acquired Jump Bikes in the year 2018 and transferred it to the Lime as a part of funding round to the company in May 2020. Micro-mobility is gaining a rapid traction among the consumers owing to its benefits in saving time. As per the INRIX National Traffic Scorecard, on an average the Americans loose around 99 hours per year due to the traffic congestion, which roughly costs around US$88 billion a year. Moreover, the rising concerns over increasing global warming issues and growing efforts to curb carbon emission is positively boosting the market growth across North America. Furthermore, the major market like US is investing in the development of micro-mobility friendly infrastructure and charging stations infrastructure, which is expected to boost the growth of the North America micro-mobility market during the forecast period.
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