Micro-mobility Charging Infrastructure Market Share, Size, Trends, Industry Analysis Report, By Charger (Wired, Wireless); By Power Source (Solar Powered, Battery Powered); By Vehicle; By End-Use; By Region; Segment Forecast, 2021 - 2028

Micro-mobility Charging Infrastructure Market Share, Size, Trends, Industry Analysis Report, By Charger (Wired, Wireless); By Power Source (Solar Powered, Battery Powered); By Vehicle; By End-Use; By Region; Segment Forecast, 2021 - 2028

The global micro-mobility charging infrastructure market size is expected to reach USD 14.29 billion by 2028 according to a new study by Polaris Market Research. The report “Micro-mobility Charging Infrastructure Market Share, Size, Trends, Industry Analysis Report, By Charger (Wired, Wireless); By Power Source (Solar Powered, Battery Powered); By Vehicle; By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The prominent factors favoring the global market growth include an increase in the proliferation of electric vehicles, particularly e-scooters and e-bikes, growing awareness regarding the flexible transportation alternative among consumers, and a surging focus of government towards reducing carbon footprint with ever-increasing greenhouse gas emissions.

According to a study published by the European Commission, it is valued that emission regulations mandate a mere 95Kg/Km, by 2021, with an additional 15% reduction, by 2025. In 2030, it is expected to further witness a 30% reduction from 2021. The deep concern on reducing carbon footprint is an important driver boosting the micro-mobility charging infrastructure industry growth.