The global micro-mobility charging infrastructure market size was valued at USD 9.29 billion in 2023 and is projected to be worth around USD 65.77 billion by 2032, growing at a CAGR of 24.30% from 2023 to 2032.
The micro-mobility charging infrastructure market is witnessing rapid growth due to the increasing adoption of electric micro-mobility solutions such as electric scooters, bikes, and skateboards. This market encompasses the development and deployment of charging stations and infrastructure to support the charging needs of these electric vehicles. With the rise in urbanization and concerns over environmental sustainability, there is a growing demand for convenient and accessible charging solutions for micro-mobility devices.
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Several factors are driving the growth of the micro-mobility charging infrastructure market. Firstly, government initiatives promoting clean energy and sustainable transportation are encouraging the adoption of electric micro-mobility solutions, thereby boosting the demand for charging infrastructure. Additionally, technological advancements in battery technology and charging systems are enhancing the efficiency and convenience of charging solutions, further fueling market growth.
Region Insights
The demand for micro-mobility charging infrastructure varies across different regions based on factors such as urbanization levels, transportation infrastructure, and government policies. Urban centers with high population densities and traffic congestion are witnessing the most significant demand for micro-mobility solutions and charging infrastructure. Regions with strong government support for electric mobility initiatives also tend to have a more developed micro-mobility charging infrastructure ecosystem.
| Report Coverage | Details |
| Market Size by 2032 | USD 65.77 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 24.30% |
| Asia Pacific Market Share in 2022 | 45% |
| E-scooters Segment Market Share in 2022 | 61% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Vehicle Type, Power Source, Charger, End User, Geography |
Divers:
The micro-mobility charging infrastructure market is characterized by diversification in charging solutions and business models. This includes various types of charging stations such as curbside docks, kiosks, and integrated charging points in public infrastructure. Furthermore, diverse ownership models such as publicly-owned, privately-owned, and shared charging infrastructure contribute to the market’s diversification.
Opportunities:
There are several opportunities for growth and innovation within the micro-mobility charging infrastructure market. Partnerships between municipalities, electric vehicle manufacturers, and charging infrastructure providers can facilitate the expansion of charging networks and improve accessibility for users. Additionally, integrating smart technology and renewable energy sources into charging infrastructure presents opportunities to enhance efficiency and sustainability.
Challenges:
Despite the promising growth prospects, the micro-mobility charging infrastructure market faces several challenges. One of the primary challenges is the need for significant investment in infrastructure development and maintenance, particularly in densely populated urban areas. Moreover, ensuring interoperability and standardization of charging systems across different micro-mobility devices can be challenging due to the diverse range of manufacturers and models.
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Market segments covered in the report.
(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)
By Vehicle type
By Charger
By Power Source
By End User
By Geography
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