Micromobility

Micromobility Market to Hit $9.8 Billion Revenue by 2025: P&S Intelligence

Monday, September 21, 2020 - 9:00am

NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Global micromobility market revenue is predicted to cross $9.8 billion by 2025, according to the market research report published by P&S Intelligence.

Key Points: 
  • NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Global micromobility market revenue is predicted to cross $9.8 billion by 2025, according to the market research report published by P&S Intelligence.
  • In the coming years, the kick scooter sharing category is predicted to exhibit the highest growth rate in the market.
  • Based on service type, the bike sharing category recorded the highest revenue growth in the micromobility market in 2018.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Micromobility Market to Hit $9.8 Billion Revenue by 2025: P&S Intelligence

Monday, September 21, 2020 - 9:00am

NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Global micromobility market revenue is predicted to cross $9.8 billion by 2025, according to the market research report published by P&S Intelligence.

Key Points: 
  • NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Global micromobility market revenue is predicted to cross $9.8 billion by 2025, according to the market research report published by P&S Intelligence.
  • In the coming years, the kick scooter sharing category is predicted to exhibit the highest growth rate in the market.
  • Based on service type, the bike sharing category recorded the highest revenue growth in the micromobility market in 2018.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

IoT Startup Hologram Grows from Increased Demand for Micromobility, Contact Tracing and Social Distancing during Covid-19 Pandemic

Thursday, September 17, 2020 - 1:32pm

"During the Covid-19 pandemic, we saw several industries skyrocket in their demand for our cellular IoT," said Ben Forgan, CEO and cofounder of Hologram.

Key Points: 
  • "During the Covid-19 pandemic, we saw several industries skyrocket in their demand for our cellular IoT," said Ben Forgan, CEO and cofounder of Hologram.
  • "Specifically, micromobility, contact tracing, tracking and social distancing solutions all used IoT as part of their solution, and in turn we grew exponentially."
  • Following are examples of increased demand for IoT connectivity:
    As many cities started to reopen, consumers looked to other transportation options such as scooters and e-bikes to avoid public transportation.
  • Eyrus , a construction and industrial workforce visibility platform and contact tracing solution, has teamed up with Hologram as their SIM provider.

E-Scooter-Related Injuries Are on the Rise; CPSC Releases New Study and Public Service Announcement

Wednesday, September 16, 2020 - 11:06pm

Unfortunately, injuries and deaths associated with their use havealso increased, according to a new report releasedtoday by the U.S. Consumer Product Safety Commission (CPSC).

Key Points: 
  • Unfortunately, injuries and deaths associated with their use havealso increased, according to a new report releasedtoday by the U.S. Consumer Product Safety Commission (CPSC).
  • A majority of hoverboard injuries seen in EDs (67%) involved children under age 15.
  • CPSC is aware of 41 fatalities associated with micromobility products from 2017 through 2019, though reporting is incomplete at this time.
  • CPSC is releasing a new Public Service Announcement (PSA) to help consumers to stay safe while riding e-scooters.

Co-op Cycles debuts first fat-tire bike and e-bike designs for fall

Tuesday, September 15, 2020 - 6:21pm

The Co-op Cycles DRT 4.1, its first-ever, fat-tire bike is a rigid mountain bike designed to easily roll over roots, rocks, sand, and snow, as people continue turning toward outdoor exploration through the winter.

Key Points: 
  • The Co-op Cycles DRT 4.1, its first-ever, fat-tire bike is a rigid mountain bike designed to easily roll over roots, rocks, sand, and snow, as people continue turning toward outdoor exploration through the winter.
  • Co-op Cycles reveals its first foray into electric pedal assist town-to-trail bikes.
  • CTY e2.1 and e2.2 e-bikes will join the Co-op Cycles line as another bike option equipped for around-the-town riding in the city to visit friends or pick-up groceries.
  • REI's Co-op Cycles e-bikes are categorized as Class 1 pedal assist (up to 20 mph), and do not include a throttle.

Guidehouse Insights Report Shows Revenue for Global Micromobility Sharing Services Is Expected to Exceed $30 Billion by 2030

Wednesday, September 9, 2020 - 10:15am

A new report from Guidehouse Insights examines the global market for micromobility sharing services, providing forecasts for the installed base of shared micromobility vehicles, annual shared micromobility vehicle trips, and annual shared micromobility service revenue, through 2030.

Key Points: 
  • A new report from Guidehouse Insights examines the global market for micromobility sharing services, providing forecasts for the installed base of shared micromobility vehicles, annual shared micromobility vehicle trips, and annual shared micromobility service revenue, through 2030.
  • Click to tweet : According to a new report from @WeAreGHInsights , the global market for micromobility sharing services revenue is expected to grow from $8.0 billion in 2020 to $30.8 billion by 2030, at a compound annual growth rate (CAGR) of 14.4%.
  • The report, Micromobility Sharing Services , analyzes the global market for shared e-kick scooters, seated escooters, and e-bikes.
  • Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Last Mile Holdings' Gotcha Mobility Continues to See Strong Ridership and Expansion in New Markets Throughout the Summer Months

Tuesday, August 4, 2020 - 12:00pm

Consistent revenue driven by high ridership in key markets, such as: Memphis, TN (cruisers); Baton Rouge, LA (e-bikes); and Charleston, SC (pedal bikes).

Key Points: 
  • Consistent revenue driven by high ridership in key markets, such as: Memphis, TN (cruisers); Baton Rouge, LA (e-bikes); and Charleston, SC (pedal bikes).
  • After a contract renewal, Gotcha is re-launching its exclusive e-scooter program at Michigan State University in early August as students return for the fall semester.
  • Outperformance within the higher-margin cruiser and scooter products in the summer months contributing to attractive unit-economic profile.
  • In early August, Gotcha surpassed 86,000 unique riders across its multi-modal fleet and has logged more than 260,000 trips year-to-date.

COVID-19 Impact: E-bike Market in Europe Will Accelerate at a CAGR of Over 12% Through 2020-2024 | Demand for Eco-Friendly Transportation to Boost Growth | Technavio

Tuesday, August 4, 2020 - 12:00am

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • Please request Free Sample Report on COVID-19 Impact
    What was the value of the e-bike market in Europe in 2019?
  • Growing at a CAGR of over 12%, the market growth will accelerate during the forecast period of 2020-2024.
  • E-bike Market in Europe 2020-2024: Segmentation
    E-bike Market in Europe is segmented as below:

Micromobility Market Trends Amid COVID-19 - Operators Focus on Expanding e-Bike and e-Scooter Services

Friday, July 10, 2020 - 6:45pm

Bolt has announced it is expanding its focus on micromobility with a new pilot electric bike sharing service in Paris.

Key Points: 
  • Bolt has announced it is expanding its focus on micromobility with a new pilot electric bike sharing service in Paris.
  • Along with its ride hailing and e-bike rental services, the company also aims to offer e-scooter rental in more than 45 cities this summer.
  • Jump, Uber's micromobility subsidiary, recently removed its scooters and bikes from the streets of Paris following Uber's investment in the e-scooter company Lime.
  • To see the full article and a list of related reports on the market, visit "Micromobility Market Trends Amid COVID-19 - Operators Focus on Expanding e-Bike and e-Scooter Services"
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.

Impact of COVID-19 on the Global Micromobility Industry, 2020 - ResearchAndMarkets.com

Friday, July 3, 2020 - 3:48pm

Bolt has announced it is expanding its focus on micromobility with a new pilot electric bike sharing service in Paris.

Key Points: 
  • Bolt has announced it is expanding its focus on micromobility with a new pilot electric bike sharing service in Paris.
  • Along with its ride hailing and e-bike rental services, the company also aims to offer e-scooter rental in more than 45 cities this summer.
  • Jump, Ubers micromobility subsidiary, recently removed its scooters and bikes from the streets of Paris following Ubers investment in the e-scooter company Lime.
  • In May, the Department for Transport announced it was investigating fast-tracking e-scooter trials as part of a move to sustainable transport.