Global Micro-mobility Charging Infrastructure Market

Global Micro-Mobility Charging Infrastructure Market Size, Share, Growth Analysis, By Vehicle Type(E-scooters, E-bikes), By Charger Type(Wired, and Wireless) - Industry Forecast 2023-2030


Report ID: SQMIG20D2148 | Region: Global | Published Date: March, 2024
Pages: 223 | Tables: 63 | Figures: 66

Global Micro-Mobility Charging Infrastructure Market Insights

Global Micro-mobility Charging Infrastructure Market size was valued at USD 4.80 billion in 2022 and is poised to grow from USD 6.01 billion in 2023 to USD 36.28 billion by 2031, growing at a CAGR of 25.2% in the forecast period (2024-2031).

The rapid adoption of micro-mobility vehicles, such as e-scooters and e-bikes, aimed at mitigating pollution and congestion, particularly in densely populated urban centers, serves as a pivotal driver for market expansion. Micro-mobility presents a viable alternative to traditional public transportation systems, offering countries worldwide a solution to transportation challenges while addressing growing concerns about emissions from gasoline and diesel vehicles. Additionally, the implementation of government subsidies and tax incentives further amplifies growth opportunities within the market.

The increasing utilization of micro-mobility vehicles in both transportation and commercial sectors underscores the necessity for a robust network of micro-mobility charging stations. To cater to this escalating demand, micro-mobility vehicle manufacturers are strategically focusing on establishing comprehensive charging networks on a global scale. Notably, the example of TIER, a German e-scooter startup, securing significant funding for expansion in European cities in 2020, indicates promising developments for the growth of the micro-mobility charging infrastructure market throughout the forecast period.

Leading global industry players are actively introducing innovative services to thrive in an increasingly competitive market environment. A notable case is Ola Electric Mobility Pvt Ltd, which unveiled its electric charging stations, known as the Ola Hypercharger Network, designed to cater to its range of e-scooters worldwide. The ambitious plan to deploy 5,000 charging points across 100 cities in India exemplifies the commitment to seamless charging for e-scooters, fostering growth prospects.

The escalating demand for wireless charging stations for e-scooters and e-bikes is a recent notable trend. Various industry players are engineering novel products to enhance operational efficiency and decrease charger charging times. For example, LG Electronics' introduction of wireless charging stations in collaboration with Olulo, Inc's Kickgoing, a local e-scooter sharing service provider, in Bucheon, Seoul, in May 2021, highlights efforts to enhance the overall user experience for e-scooter users, reflecting the significance of wireless charging in the market.

US Micro-Mobility Charging Infrastructure Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 4.80 billion

Largest Segment

E-scooters

Fastest Growth

E-bikes

Growth Rate

25.2% CAGR

Global Micro-mobility charging infrastructure market ($ Bn)
Country Share for Asia Pacific Region (%)
Global Micro-mobility charging infrastructure market By Vehicle Type ($ Bn)
Global Micro-mobility charging infrastructure market By Vehicle Type (%)

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Global Micro-Mobility Charging Infrastructure Market Segmental Analysis

The global micro-mobility charging infrastructure market is segmented by Vehicle Type, Charger Type, Power Source, End-use, and Region. Based on Vehicle Type the market is segmented as, E-scooters, E-bikes, E-unicycles, and E-skateboards. Based on Charger Type, the market is segmented as, Wired, and Wireless. Based on Power Source, the market is segmented as, Solar Powered, Battery Powered. Based on End-use, the market is segmented as, Commercial, and Residential. Based on Regional the market is segmented as, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA).

Micro-mobility Charging Infrastructure Market Analysis By Vehicle Type

In 2022, the e-scooters segment asserted its dominance, capturing over 60.0% of the global market revenue. The surge in e-scooter adoption, especially for shared mobility and as a solution for first and last-mile transportation, has spurred a heightened demand for micro-mobility charging stations designed specifically for e-scooters. Notably, these charging stations exhibit adaptability to accommodate diverse e-scooter designs, offering users enhanced flexibility. Riders increasingly favor e-scooters due to their convenience in parking and recharging, effectively contributing to reducing traffic congestion and improved air quality by minimizing e-scooter retrieval operations.

The e-bikes segment is poised for substantial growth throughout the forecast period. This anticipated expansion is primarily driven by the escalating deployment of e-bike charging stations in prominent tourist and public areas. Such strategic placements are expected to be pivotal in fueling the segment's growth. Moreover, there is a notable demand for charging stations capable of simultaneously charging multiple e-bikes, reflecting the practical requirements of users. These e-bike charging stations offer seamless versatility, enabling easy wall mounting or standalone installation, further adding to their appeal.

Micro-mobility Charging Infrastructure Market Analysis By Charger Type

In 2022, the wired segment stood as the market leader, commanding over 53.0% of the global revenue share. The robust demand for wired charging stations can be attributed to their inherent convenience. Market participants like bike-energy and Swiftmile, Inc have successfully engineered wired charging stations designed to function reliably in various weather conditions. Notably, these wired charging stations boast compatibility with a wide range of e-scooters and e-bikes, translating to enhanced flexibility in charging. These aspects collectively contribute to the upward trajectory of the wired segment.

The wireless segment is poised to exhibit the swiftest growth over the forecast period. This remarkable expansion can be credited to the escalating adoption of autonomous vehicles in logistics, particularly by prominent retail Multinational Corporations (MNCs) and public transportation agencies. Wireless charging systems offer a higher level of convenience for both e-scooters and e-bikes compared to traditional wired charging stations. Furthermore, companies are actively developing intelligent dock systems, aptly termed wireless charging systems, designed for both indoor and outdoor usage. These wireless charging stations not only promise seamless operation but also have the potential to alleviate the plug-in issues often encountered with wired charging stations, further driving their adoption.

Global Micro-mobility charging infrastructure market By Vehicle Type, 2023 (%)

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Global Micro-Mobility Charging Infrastructure Market Regional Insights

In 2022, the Asia Pacific region established its dominance in the market, commanding a substantial share of over 44.0% of the global revenue. The robust growth witnessed in the Asia Pacific region can be primarily credited to the extensive smart city projects and proactive initiatives undertaken by various governments across the region. An illustrative example is India, where, in June 2021, the government announced increased subsidies for the purchase of e-bikes and e-scooters, a significant step under the Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) II scheme, part of the country's smart city project.

The North American regional market is anticipated to exhibit the highest growth rate throughout the forecast period. This growth can be attributed to the escalating awareness regarding the necessity to adopt environmentally friendly transportation alternatives. Furthermore, the geographical features and urban planning within the region lend themselves to the effective deployment of micro-mobility charging infrastructure. The presence of a plethora of key industry players in the North American region further augments its growth potential, adding momentum to the regional market.

Global Micro-mobility charging infrastructure market By Region, 2024-2031
  • Largest
  • Fastest

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Global Micro-Mobility Charging Infrastructure Market Dynamics

Micro-mobility Charging Infrastructure Market Drivers

Environmental Concerns:

  • Growing environmental awareness and the need to reduce pollution and carbon emissions from traditional vehicles are driving the adoption of micro-mobility solutions, leading to increased demand for charging infrastructure.

Urbanization:

  • Rapid urbanization in many regions, especially in densely populated cities, is creating a need for efficient and sustainable last-mile transportation solutions, thereby boosting the demand for micro-mobility vehicles and charging infrastructure.

Micro-mobility Charging Infrastructure Market Restraints

Infrastructure Limitations:

  • Inadequate charging infrastructure, especially in certain regions, can hinder the widespread adoption of micro-mobility vehicles, as users need convenient and accessible charging points.

Battery Range and Charging Time:

  • Limited battery range and longer charging times for some micro-mobility vehicles can be perceived as inconveniences, affecting user preferences and adoption rates.

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Global Micro-Mobility Charging Infrastructure Market Competitive Landscape

The competitive landscape of the micro-mobility charging infrastructure market is characterized by intense competition among both established players and emerging startups. Key industry participants are continuously striving to expand their market presence by developing innovative and technologically advanced charging solutions, forming strategic partnerships, and expanding their geographical reach. Major players in the market are investing significantly in research and development to enhance the efficiency and reliability of charging stations, catering to the diverse needs of e-scooters and e-bikes.

These companies are also actively engaging with governments and urban planning authorities to secure contracts for installing charging stations in smart city projects. Additionally, collaborations with micro-mobility vehicle manufacturers and service providers are becoming increasingly important to create a seamless ecosystem for users. As the market evolves, a focus on sustainability, scalability, and user-friendly features will be crucial for companies to maintain a competitive edge and capture a larger market share in the rapidly growing micro-mobility charging infrastructure sector.

Micro-mobility Charging Infrastructure Market Top Player’s Company Profile

  • 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

Micro-mobility Charging Infrastructure Market Recent Developments

  • In January 2023, Bird Global, a leading micro-mobility company, announced a partnership with ChargePoint, a leading electric vehicle charging company. The partnership will allow Bird to deploy ChargePoint's charging stations at its micro-mobility hubs.
  • In February 2023, Lime, another leading micro-mobility company, announced a partnership with EVBox, a leading electric vehicle charging company. The partnership will allow Lime to deploy EVBox's charging stations at its micro-mobility hubs.
  • In March 2023, Spin, a micro-mobility company, announced that it had raised $100 million in funding. The funding will be used to expand Spin's micro-mobility operations and to deploy more charging infrastructure.

Global Micro-Mobility Charging Infrastructure Key Market Trends

  • Integration with Smart City Initiatives: The micro-mobility charging infrastructure market is aligning with the broader smart city trend. Cities worldwide are implementing innovative transportation solutions, and micro-mobility charging infrastructure plays a vital role in these efforts. Charging stations are being strategically placed in urban areas, transport hubs, and popular destinations, creating a network that supports efficient and sustainable last-mile transportation.

Global Micro-Mobility Charging Infrastructure Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global micro-mobility charging infrastructure market analysis, the increasing adoption of e-scooters and e-bikes as eco-friendly urban transportation solutions are the key growth drivers. The Asia Pacific region dominates the market, accounting for a significant share due to smart city initiatives and rising population in countries like India and China. The market is segmented based on the type of charging (wired and wireless), with wired charging holding a majority share in 2021. The demand for charging stations in the e-scooters segment is prominent, accounting for over 60% of the global revenue. The growth is attributed to shared mobility and last-mile transportation needs. Key market drivers include environmental concerns, government subsidies, and the expansion of micro-mobility services. Innovations such as wireless charging, partnerships between charging infrastructure providers and vehicle manufacturers, and the integration of charging networks with urban planning initiatives are shaping the future of this market.

Report Metric Details
Market size value in 2023 USD 4.80 billion
Market size value in 2031 USD 36.28 billion
Growth Rate 25.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Vehicle Type
    • E-scooters, E-bikes, E-unicycles, and E-skateboards
  • Charger Type
    • Wired, and Wireless
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • 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
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Micro-Mobility Charging Infrastructure Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Micro-Mobility Charging Infrastructure Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Micro-Mobility Charging Infrastructure Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Micro-Mobility Charging Infrastructure Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Micro-Mobility Charging Infrastructure Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Micro-Mobility Charging Infrastructure Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Micro-mobility Charging Infrastructure Market size was valued at USD 4.80 billion in 2022 and is poised to grow from USD 6.01 billion in 2023 to USD 36.28 billion by 2031, growing at a CAGR of 25.2% in the forecast period (2024-2031).

The competitive landscape of the micro-mobility charging infrastructure market is characterized by intense competition among both established players and emerging startups. Key industry participants are continuously striving to expand their market presence by developing innovative and technologically advanced charging solutions, forming strategic partnerships, and expanding their geographical reach. Major players in the market are investing significantly in research and development to enhance the efficiency and reliability of charging stations, catering to the diverse needs of e-scooters and e-bikes. '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'

Growing environmental awareness and the need to reduce pollution and carbon emissions from traditional vehicles are driving the adoption of micro-mobility solutions, leading to increased demand for charging infrastructure.

Integration with Smart City Initiatives: The micro-mobility charging infrastructure market is aligning with the broader smart city trend. Cities worldwide are implementing innovative transportation solutions, and micro-mobility charging infrastructure plays a vital role in these efforts. Charging stations are being strategically placed in urban areas, transport hubs, and popular destinations, creating a network that supports efficient and sustainable last-mile transportation.

In 2022, the Asia Pacific region established its dominance in the market, commanding a substantial share of over 44.0% of the global revenue. The robust growth witnessed in the Asia Pacific region can be primarily credited to the extensive smart city projects and proactive initiatives undertaken by various governments across the region. An illustrative example is India, where, in June 2021, the government announced increased subsidies for the purchase of e-bikes and e-scooters, a significant step under the Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) II scheme, part of the country's smart city project.

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