Micro-mobility Charging Infrastructure Market Analysis

Micro-mobility Charging Infrastructure Market Analysis

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Based on source, the market battery powered segment held over 55% of the market share in 2023, due to the versatility and widespread use of battery-powered systems in electric vehicles. As the demand for sustainable transportation solutions rises, the need for efficient charging infrastructure for battery-powered micro-mobility vehicles has become paramount. This prominence underscored the pivotal role of battery technology in shaping the charging infrastructure market for micro-mobility, paving the way for an eco-friendly urban mobility landscape.
 

Based on vehicle type, the e-scooters segment recorded around 62% of the micro-mobility charging infrastructure market share in 2023. The surge in urban commuting preferences, coupled with the convenience and eco-friendliness of electric scooters, has fueled their widespread adoption. As cities worldwide embrace micro-mobility solutions, the demand for efficient charging infrastructure for e-scooters has risen significantly, making this vehicle type a key driver in shaping the market landscape and contributing to its overall growth and prominence.
 

Asia Pacific micro-mobility charging infrastructure market accounted for 45% of the revenue share in 2023, led by substantial investments in charging networks and rapid technological advancements. As the region embraces the transition towards sustainable transportation, governments and businesses are allocating significant resources to bolster charging infrastructure for electric scooters and bikes. This strategic focus on both investment and technology positioned Asia Pacific at the forefront of the evolving micro-mobility landscape, shaping a more sustainable and technologically advanced future for urban transportation.