A recent survey has found that the micro mobility industry, those myriad of share bicycles and kick scooters you see floating around the city, could be a way to reduce congestion and pollution in cities in future.
The report finds that globally these alternative transport means are set to become one of the most attractive forms of sustainable mobility thanks to convenience, affordability and safety.
Comprising bike-sharing, kick scooter sharing, and scooter sharing, the global micro-mobility market is estimated to register 31.9 million vehicles by 2025, up from 20.5 million in 2020 at a compound annual growth rate (CAGR) of 9.2%.
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Bike-sharing currently accounts for almost 98% of the micro-mobility market’s fleet size but kick scooter sharing and scooter sharing are gaining traction in several countries around the world.
One of the key disruptive trends in the growth of micro-mobility services can be attributed to technology advancements that will offer a host of solutions such as smart docking stations and solar-powered charging stations, smart locks and sensors.
Advanced technologies like artificial intelligence (AI), intelligent fleet management systems and navigational systems will drive growth for the micro mobility market.”
It looks like we will be seeing more and more bikes and scooters in the city from now on
This is a Motoring Minute
IM Rob Fraser
