Micro-Mobility Charging Infrastructure Trends and Forecast
The future of the global micro-mobility charging infrastructure market looks promising with opportunities in the solar powered and battery powered markets. The global micro-mobility charging infrastructure market is expected to reach an estimated $21.09 billion by 2030 with a CAGR of 24.3% from 2024 to 2030. The major drivers for this market are growing adoption of micro-mobility vehicles and the rapidly increasing demand for shared mobility solutions.
• Lucintel forecasts that, within the type category, e-scooters will remain the largest segment over the forecast period due to shared mobility transportation and first and last-mile transportation.
• Within the power source category, battery powered will remain the larger segment due to the increasing adoption of battery-swapping technology for e-scooters.
• In terms of regions, APAC will remain the largest region over the forecast period due to the smart city projects and new steps taken by the governments of several countries in the region.
Gain valuable insights for your business decisions with our comprehensive 150+ page report.
Emerging Trends in the Micro-Mobility Charging Infrastructure Market
Current developments in the micro-mobility charging infrastructure market focus on emerging features that improve urban transport in terms of efficiency, ease of access, and sustainability. These trends highlight the increasing realization of the need to leverage sophisticated technologies alongside robust infrastructure.
• Deployment of Fast-Charging Stations: There is an emerging trend of attaching fast-charging stations to reduce downtime for micro-mobility vehicles. These stations facilitate faster recharging, making more electric bicycles or scooters available, and promote efficient operation and user comfort.
• Use of Solar Power: Gradually, these stations are being constructed as solar-powered charging stations, creating an efficient method of building micro-mobility infrastructure. Since these stations use renewable energy, they help reduce grid dependence and the carbon footprint of charging operations.
• Advanced Charging Solutions: Smart charging solutions, such as IoT stations and dynamic pricing, are becoming widely used. These technologies aim to minimize electricity waste, provide up-to-date communication, and enhance the performance of charging infrastructure.
• Charging Network Expansion: The increasing demand for electric scooters has prompted the need to enhance micro-mobility charging networks, especially in urban centers with high population density. More infrastructure will be put in place, making it easier for people to adopt electric scooters and bicycles.
Such trends are transforming the micro-mobility charging infrastructure market by making it more efficient, green, and user-friendly. The focus on fast-charging, alternative energy sources, smart technologies, network expansion, and integration into cities encourages the development of advanced, easy-to-use infrastructure, fostering the rise of micro-mobility strategies.
Recent Developments in the Micro-Mobility Charging Infrastructure Market
The micro-mobility charging infrastructure market is currently witnessing key developments that are enhancing technology and increasing the infrastructure needed for electric scooters and bicycles.
• Emergence of Fast-Charging Solutions: The market is evolving with the presence of fast-charging stations. These technologies greatly minimize charging duration, which increases turnover and efficiency for electric bicycles and scooters.
• Growth of Charging Infrastructure: Cities and companies are expanding their micro-mobility charging infrastructures. This growth ensures that charging facilities are more numerous and, therefore, more convenient for users, ultimately increasing the adoption of electric micro-mobility solutions.
• Utilization of Solar Charging Environments: Operators are offering solar charging systems as an alternative in the charging network. Such stations reduce reliance on the grid, cut down costs, and benefit the environment by promoting energy-efficient urban transportation systems.
• Deployment of Smart Charging Solutions: The use of intelligent systems based on smart charging technologies, such as IoT and real-time data tracking features, is boosting the efficiency of charging units. Smart charging applications help in energy savings and also improve the utilization and effectiveness of these stations.
• Collaboration with Urban Development Projects: Charging infrastructure is gaining attention within emerging urban development projects. This approach allows for more efficient use of space, making charging stations easier to access, as they are incorporated into new buildings and, to some extent, into existing ones.
These ongoing advancements are improving the micro-mobility charging infrastructure market in terms of performance, environmental impact, and geographical coverage. Key drivers, such as fast-charging technology advancements, network expansion, renewable energy integration, smart technologies, and collaboration with urban projects, are enhancing the market’s attractiveness.
Strategic Growth Opportunities for Micro-Mobility Charging Infrastructure Market
The micro-mobility charging infrastructure market offers diverse application segments, presenting ample opportunities for growth. These opportunities are driven by technological advancements, increasing usage of electric micro-mobility solutions, and shifting urban framework requirements.
• Expansion into Underserved Areas: Expanding charging infrastructure into less developed or suburban regions is viable. By strategically improving these areas, companies can increase the availability of micro-mobility solutions and services.
• Integration with Smart City Projects: Growth opportunities exist through partnerships with smart city initiatives. Embedding charging stations into smart urban infrastructure offers operational benefits to both users and cities while contributing to the fundamental objectives of sustainable urbanization.
• Exploration of Modular Charging Solutions: Modular and scalable charging systems present growth potential. These systems can be deployed quickly and scaled to meet varying levels of demand, adapting to different urban contexts.
• Design with a Focus on Strength and Usability: There is market potential for investing in user-focused designs that are easier to use and access. Simple-to-operate charging devices, systems that accept various forms of payment, and clear user guidance help enhance the overall user experience.
• Associations with Mobility as a Service (MaaS): Charging infrastructure development can be accelerated through cooperation with MaaS stakeholders. By offering charging options as part of the MaaS framework, organizations can increase the appeal of micro-mobility offerings.
These growth opportunities highlight the range of possibilities for expansion and enhancement in the micro-mobility charging infrastructure market. The focus on underserved populations, smart city integration, modularity, accessibility, and collaborations with providers is driving innovation and supporting the adoption of micro-mobility solutions.
Micro-Mobility Charging Infrastructure Market Driver and Challenges
The development of the micro-mobility charging infrastructure market is influenced by key drivers and challenges, including market evolution, technology, economic factors, and regulations. Understanding these factors is essential for addressing market challenges and exploiting development opportunities.
The factors driving the micro-mobility charging infrastructure market include:
• Technological Improvements: Charging technologies have evolved to include smart and fast-charging solutions, which enhance market expansion. These solutions also make charging electric micro-mobility vehicles more convenient, driving large-scale adoption.
• Urbanization and Increase in Micro-Mobility Usage: The changing population dynamics and growing urbanization, combined with increasing interest in electric bicycles and scooters, are creating a demand for more charging facilities. This necessitates the development of centralized and accessible charging solutions.
• Government Policies and Regulations: Favorable government policies and subsidies aimed at promoting green transportation are contributing to funding micro-mobility charger development. Regulations supporting low-emission vehicles and infrastructure are also fueling market expansion.
• Sustainable Development and Climate Change Mitigation: Growing concern for environmental conservation is driving the need for greener charging alternatives. Solar-powered charging stations align with global sustainability goals, attracting both consumer and business interest.
• Integration with Smart Industrial Fleets: The use of intelligent systems such as the Internet of Things (IoT) and data analytics improves the performance and efficiency of charging stations. These innovations support effective operation and optimization of the infrastructure.
Challenges in the micro-mobility charging infrastructure market include:
• High Initial Investment Costs: The high capital investment required for setting up and operating charging stations could deter market entry. This challenge may slow the pace of market growth, especially in low-income and price-sensitive regions.
• Infrastructure Scalability Issues: Scaling up the charging infrastructure to meet growing demand presents challenges. Ensuring that the network can handle increasing numbers of micro-mobility vehicles requires careful planning and investment.
Key drivers, such as technological innovation, urbanization, and policy support, are contributing to the marketÄX%$%Xs growth. However, challenges like high costs and regulatory constraints must be addressed for sustained expansion.
List of Micro-Mobility Charging Infrastructure Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies micro-mobility charging infrastructure companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro-mobility charging infrastructure companies profiled in this report include-
• Ather Energy
• bike-energy
• Bikeep
• Flower Turbines
• Get Charged
• Giulio Barbieri
• Ground Control Systems
• Magment
• Perch Mobility
• Robert Bosch
Micro-Mobility Charging Infrastructure by Segment
The study includes a forecast for the global micro-mobility charging infrastructure by vehicle type, charger type, power source, end use, and region.
Micro-Mobility Charging Infrastructure Market by Vehicle Type [Analysis by Value from 2018 to 2030]:
• E-scooters
• E-bikes
• E-unicycles
• E-skateboards
Micro-Mobility Charging Infrastructure Market by Charger Type [Analysis by Value from 2018 to 2030]:
• Wired
• Wireless
Micro-Mobility Charging Infrastructure Market by Power Source [Analysis by Value from 2018 to 2030]:
• Solar Powered
• Battery Powered
Micro-Mobility Charging Infrastructure Market by End Use [Analysis by Value from 2018 to 2030]:
• Commercial
• Residential
Micro-Mobility Charging Infrastructure Market by Region [Analysis by Value from 2018 to 2030]:
• In terms of regions, North America
• In terms of regions, Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Micro-Mobility Charging Infrastructure Market
Recent developments in the micro-mobility charging infrastructure market are driven by increased investment in electric scooter and bike charging infrastructure. Cities and companies are focusing on improving the ease of use and integration of technology to support the rise of micro-mobility services.
• United States: The U.S. has witnessed significant investments in constructing micro-mobility charging infrastructure. Cities are setting up fast-charging stations and integrating them into the existing urban landscape. New ideas, such as water-powered chargers and intelligent docks, are being explored to improve access and user convenience.
• China: With its large population of electric bikes and scooters, China is at the forefront of establishing efficient micro-mobility charging networks. The government is encouraging the standardization of charging systems and developing infrastructure in accessible, urbanized, and industrial outskirts.
• Germany: Germany is incorporating micro-mobility charging systems into its smart city projects. The country is adopting new enrollment techniques, such as inductive charging, and establishing fast-charging tube facilities to promote green city transport and enhance electric bike and scooter usage.
• India: In India, there is increasing attention to enhancing micro-mobility charging infrastructure in urban areas. Both public and private sectors are deploying charging stations in active zones, offering customized solutions for electric scooters based on affordability and availability.
• Japan: Japan is developing a new micro-mobility charging infrastructure by integrating smart technologies and efficient charging systems. The focus is on creating small, low-power fast-charging devices that will be an integral part of urban infrastructure, promoting wider use of e-bikes and e-scooters.
Features of the Global Micro-Mobility Charging Infrastructure Market
Market Size Estimates: Micro-mobility charging infrastructure market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Micro-mobility charging infrastructure market size by various segments, such as by vehicle type, charger type, power source, end use, and region in terms of value ($B).
Regional Analysis: Micro-mobility charging infrastructure market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vehicle type, charger type, power source, end use, and regions for the micro-mobility charging infrastructure market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro-mobility charging infrastructure market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
If you are looking to expand your business in this market or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
FAQ
Q1. What is the micro-mobility charging infrastructure market size?
Answer: The global micro-mobility charging infrastructure market is expected to reach an estimated $21.09 billion by 2030.
Q2. What is the growth forecast for micro-mobility charging infrastructure market?
Answer: The global micro-mobility charging infrastructure market is expected to grow with a CAGR of 24.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the micro-mobility charging infrastructure market?
Answer: The major drivers for this market are growing adoption of micro-mobility vehicles and the rapidly increasing demand for shared mobility solutions.
Q4. What are the major segments for micro-mobility charging infrastructure market?
Answer: The future of the micro-mobility charging infrastructure market looks promising with opportunities in the solar powered and battery powered markets.
Q5. Who are the key micro-mobility charging infrastructure market companies?
Answer: Some of the key micro-mobility charging infrastructure companies are as follows:
• Ather Energy
• bike-energy
• Bikeep
• Flower Turbines
• Get Charged
• Giulio Barbieri
• Ground Control Systems
• Magment
• Perch Mobility
• Robert Bosch
Q6. Which micro-mobility charging infrastructure market segment will be the largest in future?
Answer: Lucintel forecasts that e-scooters will remain the largest segment over the forecast period due to shared mobility transportation and first and last-mile transportation.
Q7. In micro-mobility charging infrastructure market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the smart city projects and new steps taken by the governments of several countries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the micro-mobility charging infrastructure market by vehicle type (e-scooters, e-bikes, e-unicycles, and e-skateboards), charger type (wired and wireless), power source (solar powered and battery powered), end use (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Micro-Mobility Charging Infrastructure Market, Micro-Mobility Charging Infrastructure Market Size, Micro-Mobility Charging Infrastructure Market Growth, Micro-Mobility Charging Infrastructure Market Analysis, Micro-Mobility Charging Infrastructure Market Report, Micro-Mobility Charging Infrastructure Market Share, Micro-Mobility Charging Infrastructure Market Trends, Micro-Mobility Charging Infrastructure Market Forecast, Micro-Mobility Charging Infrastructure Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.