New Jersey, USA -- (SBWire) -- 10/12/2022 --The Latest Released Micromobility Rentals market study has evaluated the future growth potential of Micromobility Rentals market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in Micromobility Rentals market. The study includes market share analysis and profiles of players such as Lime (United States), eCooltra (Spain), Lyft (United States), Skip (Australia), COUP (United States), Nextbike (Germany), Cityscoot (France), Bird (United States), Mobike (China), Spin (United States), Bolt (Estonia) and Hopr (United States).
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Definition:
Micromobility is the term for short-distance travel, often under five miles. It is being used as a colloquialism for the expanding number of bike- and scooter-sharing businesses that are poised to transform the urban environment. Most journeys people make nowadays fall into the category of micromobility due to increased urbanisation, making bikes and scooters ideal transportation options. About 60% of all journeys made in the US are 5 miles or less. The business opportunity also keeps expanding as consumers profit from this escalating tendency. Since 2017, investors have invested USD 14 billion worldwide in firms that focus on micromobility.
Latest Market Insights:
In April 2022, Lyft has signed an agreement to acquire PBSC Urban Solutions, a Canadian supplier for bikeshare equipment and technology, in a move that will double its scale in micromobility.
In August 2022, Rental car giant Hertz announced their new partnership with Polestar to buy up to 65,000 electric vehicles over the next five years. Now, Polestar 2 EVs are available for Australians to rent through Hertz across many parts of the country.
Market Trends:
Demand for User Flexibility and Expansion of Geographic Location and Designated Parking Stations and Addressable of First and Last Mile Problem
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Market Drivers:
Rise of Micromobility as a Budget-Friendly Mode of Transportation and Sustainable and Technologically Advanced Mobility
Market Opportunities:
Growing Traffic Congestion on Roads and Adoption of Electrically Powered Vehicles
The Global Micromobility Rentals Market segments and Market Data Break Down are illuminated below:
by Type (Bike, Scooter, Others), Propulsion (Gasoline, Electric, Pedal, Others), Operational Mode (Dockless, Station-Based), Service (Pay as You Go, Subscription-Based) Players and Region - Global Market Outlook to 2027
Global Micromobility Rentals market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Micromobility Rentals market by value and volume.
-To estimate the market shares of major segments of the Micromobility Rentals
-To showcase the development of the Micromobility Rentals market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Micromobility Rentals market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Micromobility Rentals
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Micromobility Rentals market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Micromobility Rentals Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Micromobility Rentals market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Micromobility Rentals Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Micromobility Rentals Market Production by Region Micromobility Rentals Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Micromobility Rentals Market Report:
Micromobility Rentals Overview, Definition and Classification Market drivers and barriers
Micromobility Rentals Market Competition by Manufacturers
Impact Analysis of COVID-19 on Micromobility Rentals Market
Micromobility Rentals Capacity, Production, Revenue (Value) by Region (2021-2027)
Micromobility Rentals Supply (Production), Consumption, Export, Import by Region (2021-2027)
Micromobility Rentals Production, Revenue (Value), Price Trend by Type
Micromobility Rentals Market Analysis by Application
Micromobility Rentals Manufacturers Profiles/Analysis Micromobility Rentals Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
How feasible is Micromobility Rentals market for long-term investment?
What are influencing factors driving the demand for Micromobility Rentals near future?
What is the impact analysis of various factors in the Global Micromobility Rentals market growth?
What are the recent trends in the regional market and how successful they are?
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