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Voluntary Carbon Market Forecasts to 2032 – Global Analysis By Type (Forestry and Land Use, Renewable Energy, Energy Efficiency, Waste Management, Agriculture, Industrial, and Other Types), Project Type (Nature-Based Solutions, Technology-Based Solutions,

Published Nov 25, 2025
Length 200 Pages
SKU # SMR20601640

Description

According to Stratistics MRC, the Global Micro-Mobility Market is accounted for $108.9 billion in 2025 and is expected to reach $332.9 billion by 2032, growing at a CAGR of 17.3% during the forecast period. The micro-mobility market encompasses small, lightweight transport options like e-scooters, e-bikes, pedal bikes, and shared micro-vehicles designed for first- and last-mile trips in urban areas. Services combine app-based access, docking or dockless models, and integrated mobility platforms to reduce congestion and emissions. City policies, safety regulations, and infrastructure like bike lanes influence deployment. Operators focus on fleet management, battery swapping, and profitability while addressing vandalism and curb space management.

Market Dynamics:

Driver:

Rapid urbanization and traffic congestion

Rapid urbanization and worsening traffic congestion are core drivers of the micro-mobility market, pushing commuters and cities toward compact, flexible transport solutions that ease last-mile travel. E-kick scooters and e-bikes shorten commute times for short trips, reduce car dependency, and free up curb and parking space, making them attractive to residents and planners. Additionally, municipal pilots, dedicated lanes, and public-private partnerships have lowered barriers to deployment, encouraging investment from operators and investors. Consequently, local jobs emerge across manufacturing, maintenance, logistics, operations, and software services rapidly.

Restraint:

High maintenance costs and short lifespan

High maintenance expenses and the relatively short operational lifespan of many micro-mobility assets constrain market profitability and scalability. Frequent repairs, battery degradation, and vandalism require ongoing expenditure for operators, increasing unit-economics pressure and raising per-ride prices. Moreover, inconsistent maintenance practices and limited local repair infrastructure can reduce vehicle availability and customer satisfaction, undermining retention. To sustain margins, firms need optimized fleet management, predictive maintenance, and improved hardware durability from manufacturers. Investments in modular design and standardized parts can lower lifecycle costs and downtime significantly.

Opportunity:

Integration with public transit systems

Integration with public transit offers a major growth opportunity for micro-mobility providers by improving first-mile and last-mile connectivity. Coordinated planning, unified ticketing, and strategically located parking hubs make scooters and bikes complementary to buses, trams, and metros, increasing overall public transit ridership. Additionally, data-sharing agreements enable better demand forecasting and dynamic allocation of fleets, while subsidies or procurement partnerships can reduce deployment risk for operators. Such integration supports sustainable urban mobility goals and expands ridership across diverse demographic groups. This drives longer-term contract opportunities.

Threat:

Intense competition among service providers leading to price wars

Intense competition among micro-mobility service providers, often driven by capital-backed expansions, increases the risk of sustained price wars that erode profitability. Operators may prioritize market share over unit economics, subsidizing rides to attract users and expand geographic coverage, which compresses margins. Furthermore, consolidation pressures and aggressive discounting can reduce service quality as fleets age without sufficient maintenance investment. Long-term sustainability depends on differentiation through technology, partnerships, and diversified revenue streams like advertisements and data services. Regulatory uncertainty can amplify these effects, raising investor caution further.

Covid-19 Impact:

The COVID-19 pandemic had a mixed impact on micro-mobility. Initial lockdowns caused sharp ridership declines, but concerns about shared indoor transport and demand for socially distanced travel subsequently boosted short, solo trips on scooters and bikes. Operators adapted with contactless rentals, enhanced sanitization, and flexible rebalancing, while some companies paused services or restructured to conserve cash. Overall, the crisis accelerated operational resilience and highlighted micro-mobility’s role in pandemic-era urban mobility strategies.

The E-kick scooters segment is expected to be the largest during the forecast period

The E-kick scooters segment is expected to account for the largest market share during the forecast period due to their convenience and suitability for short urban trips. Compact design, ease of use, and low per-ride costs make them attractive for commuters, tourists, and delivery services. Operators favor scooters because they are easier to deploy, rebalance, and scale compared with larger vehicles, while manufacturers continue improving durability and battery efficiency. Municipal pilot programs and user familiarity further elevate adoption, creating strong demand that sustains fleet investments and aftermarket services.

The shared mobility services segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the shared mobility services segment is predicted to witness the highest growth rate as urban users increasingly prefer on-demand, pay-per-use transportation. Integration of ride-hailing, bike-share, and scooter fleets with platforms offering single-wallet payments and dynamic pricing drives adoption. Lower vehicle ownership costs, environmental considerations, and the convenience of flexible access attract diverse user groups, including commuters and visitors. Additionally, investments in fleet electrification and subscription models improve unit economics and support rapid geographic expansion. Municipal partnerships and transit integrations further accelerate market uptake.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by urban densification and evolving consumer preferences for access over ownership. Tech-enabled platforms that aggregate various micromobility modes simplify user journeys and increase the frequency of short trips. Economies of scale achieved through centralized operations, data-driven fleet optimization, and targeted promotions lower per-ride costs over time. As cities update infrastructure and regulations to accommodate shared modes, market penetration accelerates across metropolitan and suburban corridors.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR due to rapid urbanization, high population density, and growing middle-class demand for affordable mobility. Expanding smartphone penetration and favorable government initiatives supporting smart cities and electric mobility accelerate adoption. Local startups and multinational operators tailor solutions for price-sensitive consumers, while dense city layouts make short-distance trips ideal for micromobility. Collectively, these factors create an addressable market and strong growth momentum across multiple APAC markets.

Key players in the market

Some of the key players in Micro-Mobility Market include Bird Global, Inc., Neutron Holdings, Inc., Voi Technology AB, Dott BV, Spin, Inc., Bolt Technology OÜ, Segway-Ninebot Group Co., Ltd., Yulu Bikes Private Limited, Helbiz, Inc., Gogoro Inc., Niu Technologies Co., Ltd., Xiaomi Corporation, Uber Technologies, Inc., Lyft, Inc., and Accell Group N.V.

Key Developments:

In October 2025, Dott announced it raised €85 million via a €70M Nordic bond and a €15M Series-D extension to support growth.

In October 2025, Voi announced deployment of 6,000 e-bikes in Paris starting October 1.

In October 2025, Dott announced it raised €85 million via a €70M Nordic bond and a €15M Series-D extension to support growth.

Vehicle Types Covered:
• E-Kick Scooters
• E-Bikes (Electric Bicycles)
• Electric Mopeds/Motor Scooters (Low Speed)
• Non-Electric/Traditional Bicycles
• Electric Skateboards and Hoverboards

Propulsion Types Covered:
• Electric/Battery-Powered
• Hybrid/Pedal-Assist
• Human-Powered

Sharing Models Covered:
• Shared Mobility Services
• Personal/Private Ownership

Applications Covered:
• First & Last Mile Connectivity
• Short-Distance Commute/Leisure
• Commercial Use/Logistics
• Tourism

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Voluntary Carbon Market, By Type
5.1 Introduction
5.2 Forestry and Land Use Projects
5.3 Renewable Energy Projects
5.4 Energy Efficiency Projects
5.5 Waste Management Projects
5.6 Agriculture Projects
5.7 Industrial Projects
5.8 Other Types
6 Global Voluntary Carbon Market, By Project Type
6.1 Introduction
6.2 Nature-Based Solutions
6.3 Technology-Based Solutions
6.4 Community-Based Projects
7 Global Voluntary Carbon Market, By Carbon Credit Type
7.1 Introduction
7.2 Verified Emission Reductions (VERs)
7.3 Gold Standard (GS) Credits
7.4 Verified Carbon Standard (VCS) Credits
7.5 Other Carbon Credit Types
8 Global Voluntary Carbon Market, By Buyer Type
8.1 Introduction
8.2 Compliance Buyers (Voluntary Participants)
8.3 Non-Compliance Buyers (CSR & ESG Initiatives)
9 Global Voluntary Carbon Market, By Distribution Channel
9.1 Introduction
9.2 Direct Purchase (OTC Transactions)
9.3 Carbon Exchanges and Platforms
9.4 Brokers and Intermediaries
10 Global Voluntary Carbon Market, By End User
10.1 Introduction
10.2 Corporates and Enterprises
10.3 Governments and Public Sector
10.4 NGOs and Non-Profit Organizations
10.5 Individuals and Households
11 Global Voluntary Carbon Market, By Industry Vertical
11.1 Introduction
11.2 Energy and Power
11.3 Manufacturing
11.4 Transportation and Logistics
11.5 Construction
11.6 Agriculture and Forestry
11.7 IT & Telecom
11.8 Other Industry Verticals
12 Global Voluntary Carbon Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Verra
14.2 Gold Standard Foundation
14.3 American Carbon Registry
14.4 Climate Action Reserve
14.5 South Pole Group
14.6 Carbon Direct
14.7 Sylvera
14.8 Nori
14.9 Indigo Ag
14.10 Xpansiv CBL
14.11 AirCarbon Exchange
14.12 ClimatePartner
14.13 Natural Capital Partners
14.14 EcoAct
14.15 3Degrees
14.16 Moss Earth
List of Tables
1 Global Voluntary Carbon Market Outlook, By Region (2024–2032) ($MN)
2 Global Voluntary Carbon Market Outlook, By Type (2024–2032) ($MN)
3 Global Voluntary Carbon Market Outlook, By Forestry and Land Use Projects (2024–2032) ($MN)
4 Global Voluntary Carbon Market Outlook, By Renewable Energy Projects (2024–2032) ($MN)
5 Global Voluntary Carbon Market Outlook, By Energy Efficiency Projects (2024–2032) ($MN)
6 Global Voluntary Carbon Market Outlook, By Waste Management Projects (2024–2032) ($MN)
7 Global Voluntary Carbon Market Outlook, By Agriculture Projects (2024–2032) ($MN)
8 Global Voluntary Carbon Market Outlook, By Industrial Projects (2024–2032) ($MN)
9 Global Voluntary Carbon Market Outlook, By Other Types (2024–2032) ($MN)
10 Global Voluntary Carbon Market Outlook, By Project Type (2024–2032) ($MN)
11 Global Voluntary Carbon Market Outlook, By Nature-Based Solutions (2024–2032) ($MN)
12 Global Voluntary Carbon Market Outlook, By Technology-Based Solutions (2024–2032) ($MN)
13 Global Voluntary Carbon Market Outlook, By Community-Based Projects (2024–2032) ($MN)
14 Global Voluntary Carbon Market Outlook, By Carbon Credit Type (2024–2032) ($MN)
15 Global Voluntary Carbon Market Outlook, By Verified Emission Reductions (VERs) (2024–2032) ($MN)
16 Global Voluntary Carbon Market Outlook, By Gold Standard (GS) Credits (2024–2032) ($MN)
17 Global Voluntary Carbon Market Outlook, By Verified Carbon Standard (VCS) Credits (2024–2032) ($MN)
18 Global Voluntary Carbon Market Outlook, By Other Carbon Credit Types (2024–2032) ($MN)
19 Global Voluntary Carbon Market Outlook, By Buyer Type (2024–2032) ($MN)
20 Global Voluntary Carbon Market Outlook, By Compliance Buyers (Voluntary Participants) (2024–2032) ($MN)
21 Global Voluntary Carbon Market Outlook, By Non-Compliance Buyers (CSR & ESG Initiatives) (2024–2032) ($MN)
22 Global Voluntary Carbon Market Outlook, By Distribution Channel (2024–2032) ($MN)
23 Global Voluntary Carbon Market Outlook, By Direct Purchase (OTC Transactions) (2024–2032) ($MN)
24 Global Voluntary Carbon Market Outlook, By Carbon Exchanges and Platforms (2024–2032) ($MN)
25 Global Voluntary Carbon Market Outlook, By Brokers and Intermediaries (2024–2032) ($MN)
26 Global Voluntary Carbon Market Outlook, By End User (2024–2032) ($MN)
27 Global Voluntary Carbon Market Outlook, By Corporates and Enterprises (2024–2032) ($MN)
28 Global Voluntary Carbon Market Outlook, By Governments and Public Sector (2024–2032) ($MN)
29 Global Voluntary Carbon Market Outlook, By NGOs and Non-Profit Organizations (2024–2032) ($MN)
30 Global Voluntary Carbon Market Outlook, By Individuals and Households (2024–2032) ($MN)
31 Global Voluntary Carbon Market Outlook, By Industry Vertical (2024–2032) ($MN)
32 Global Voluntary Carbon Market Outlook, By Energy and Power (2024–2032) ($MN)
33 Global Voluntary Carbon Market Outlook, By Manufacturing (2024–2032) ($MN)
34 Global Voluntary Carbon Market Outlook, By Transportation and Logistics (2024–2032) ($MN)
35 Global Voluntary Carbon Market Outlook, By Construction (2024–2032) ($MN)
36 Global Voluntary Carbon Market Outlook, By Agriculture and Forestry (2024–2032) ($MN)
37 Global Voluntary Carbon Market Outlook, By IT & Telecom (2024–2032) ($MN)
38 Global Voluntary Carbon Market Outlook, By Other Industry Verticals (2024–2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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