Micromobility market seen reaching $214.57B by 2030

A new Allied Market Research report says the global micromobility market is on track to more than quadruple by 2030, driven by urbanization, on-demand transport and government support for shared mobility infrastructure. Asia-Pacific leads the market now and is expected to keep that edge through the forecast period.

Why it matters: - The micromobility market is moving from a niche transport category to a major urban mobility segment. - Allied Market Research projects the market will reach $214.57 billion by 2030, up from $44.12 billion in 2020. - The forecast implies a 17.4% CAGR from 2021 to 2030. - Growth could affect city transport planning, fleet investment and shared mobility infrastructure.

What happened: - Allied Market Research released a report on the global micromobility market on June 8, 2026. - The report covers propulsion type, vehicle type, sharing type and age group. - The market includes small, lightweight vehicles that operate at speeds of about 15 miles per hour, or 25 kmph, and are considered suitable for commutes of about 10 km. - The category includes bicycles, e-bikes, electric scooters, electric skateboards, shared bicycles and electric pedal-assisted bicycles. - Get the sample pages

The details: - Asia-Pacific held the largest share of the global micromobility market in 2020. - China, South Korea and Japan are expected to help Asia-Pacific keep that lead because of rapid urbanization and stronger demand for on-demand transportation. - Electrically powered products dominated the market by propulsion type in 2020. - E-kick scooters are projected to post significant growth, with an expected CAGR of 18% during the forecast period. - Docked systems are projected to lead the market by sharing type by the end of the forecast period. - The 15-34 age group is projected to hold the largest market share by the end of the forecast period. - The report says smart-city development and vehicle infrastructure upgrades are creating new growth opportunities. - The report also points to more service-provider investment and fleet-owner collaboration around micromobility. - The report lists Beam Mobility Holdings, Bird, Electricfeel, Dott, Lime, Neuron Mobility, VOI, Yulu, Zagster and Floatility GmbH as key service providers. - Purchase the report - Inquire before buying

Between the lines: - The report frames micromobility as a response to congestion, short-trip commuting needs and growing interest in flexible transport. - The COVID-19 period hurt mobility and automotive markets, but the report says sales of small-format vehicles with stronger safety features accelerated during the pandemic and are expected to keep growing afterward. - The regional outlook suggests the market’s center of gravity remains in Asia-Pacific rather than North America or Europe.

What’s next: - Asia-Pacific is expected to remain the dominant region through 2030. - Electrically powered vehicles and e-kick scooters are expected to capture more of the market as adoption expands. - Docked sharing models and younger riders are expected to stay central to market demand. - Allied Market Research says venture capital and strategic investment should continue supporting category growth.