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Showing posts with the label Micro Mobility Market

Growth of Micro-Mobility is Expected to be Higher than Car-Sharing and Ride-Hailing Services

  Autonomy in micro-mobility is still a far-fetched concept; however, some technology companies, such as Marble, have been successful in deploying projects in the last-mile delivery market. Micro-mobility is a part of the global mobility-as-a-service market. The micro-mobility ecosystem is currently attracting a substantial sum of investments in the mobility service domain. Amount of traveling via micro-mobility more than doubled in 2018 in comparison to 2017. The growth rate in micro-mobility is currently higher than the car-sharing and ride-hailing services. This has pushed the major travel companies, engaging in ride-hailing initiatives, to re-strategize and integrate micro-mobility in their service portfolio. The benefits of micro-mobility are based upon certain criteria which are further divided by power sources, i.e., gasoline and electric. BIS Research Report on Micro Mobility Market Gasoline-powered mode: Cost of device or vehicle is the average selling price of vari...

Micro Mobility Market is Expected to Grow at a CAGR of 11.95% from 2019-2029

Micro mobility is the concept of utilizing various modes of portable transportation to travel short distances. These modes of transportation include bikes, scooters, bicycles, and autonomous shuttles, among others. Micro mobility can also be utilized commercially by companies as a mode of delivering goods and on-demand services to its customers. Browse the Full Report "Micro Mobility Market" https://bisresearch.com/industry-report/micro-mobility-market.html The vehicles used in micro mobility modes of transportation are fuel-efficient and eco-friendly as most of the vehicles are either electric motor driven or peddle driven. In cities, adapting micro mobility can help to subside the increasing urbanization and congestion, as micro mobility services provide an ease of access to public transportation and hence reduce the volume of vehicles on the roads. Micro mobility transportation also provides a costeffective and accessible mode of transit to its users. Request t...