INDIA MICROMOBILITY MARKET

GENERAL INTRODUCTION

Short-distance trips are made in micromobility vehicles. Bicycles, skateboards, electric cars, and other types of vehicles are some of the micro-mobility devices that are frequently used.

The expansion of the micro-mobility market in the upcoming years will also be hampered by the lack of knowledge about these cars. A lower adoption rate will be the outcome of poor product awareness.

Globally, demand for micro-mobility vehicles is steadily increasing. Urban areas' growing demand for electric and carpool transportation will support the steady expansion of the micromobility market.

INDIA MICROMOBILITY MARKET DEVELOPMENTS AND INNOVATIONS

The amount of passenger-kilometers travelled by private and shared micromobility solutions will fully recover from pre-crisis levels, with no discernible decline. The general level of mobility will fully revert to pre-crisis levels. The Asia-Pacific area is well-known for its traffic and congestion.

Due to their diminutive size and light weight, micro-mobility vehicles are perfect for the area. In the Asia-Pacific, micromobility is frequently used in commercial companies.

Shared-micromobility providers are in a perilous situation as a result of the sharp declines in ridership and revenue, which may hasten the consolidation of businesses. Furthermore, using these cars in rural areas would be inappropriate.

These factors will limit the Micro-Mobility Market's expansion in the upcoming years.

COMPETITIVE LANDSCAPE

Micromobility cars allow for time and cost savings when travelling. Urban regions are seeing an increase in demand for these vehicles, and during the projection period, it is expected that the Micro-Mobility Market will expand significantly.

Different nations' governments are providing incentives to promote the use of micromobility vehicles. During the projected period, the government will support the expansion of the micro-mobility industry by establishing charging stations, parking zones, and lanes for these vehicles.

Yulu is a leading mobiliser of the equipment in the market. The latest integration has been the special and original universal mobile-holder is included with Miracle. Any mobile device may be clamped by the anti-slip surface, which also guarantees a hassle-free and seamless navigation experience.

Miracle Footboard is a specifically created footboard that offers additional legroom for a more comfortable ride. Miracle's wide footboard and battery housing give it the ideal balance.

DOTT is part of the component manufacture trending companies in the current industry. The in-house maintenance experts repair more than 95% of the damages on our e-scooters and e-bikes, and first generation scooters are still in use more than three years after their introduction.

To maintain road safety with long-lasting automobiles, they do routine maintenance and employ recycled spare parts. A 100% electric logistics fleet, renewable energy in our cities, and emissions of under 20 g CO2 eq/km in all of our markets have been set as goals.

COMPANIES PROFILED

• Beam Mobility Holdings PTE. Ltd
• Bird Rides
• DOTT
• Electricfeel
• Floatility GmbH
• Lime
• Neuron
• VOI
• Yulu Bikes Pvt. Ltd
• Zagster
• Beijing Mobike Technology Co. Ltd
• Dynamic Bicycles
• Micro Mobility Systems
• Skip Transportation