CACBINSIGHTS品品The MicromobilityRevolution: How BikesAnd ScootersAre ShakingUpUrban Transport Worldwide2021
二口二十HCBINSIGHTSWHATISCBINSIGHTS?CB Insights helps the world's leading companies makesmarter technology decisions with data, not opinionOur Technology Insights Platform provides companieswith comprehensive data, expert insights and workmanagement tools to drive growth and improveoperations with technology.SIGNUPFORAFREETRIAL
TableofContents5Whatismicromobilitv?Why theshif tomicromobility?The impact of Covid-19D2C bikesandscootersMicromobility around the world,NorthAmericaEuropeAsiaSouthAmerica AfricaChallengesConclusionCICBINSIGHTS
Micromobility startups have struggledwith profitability ssues, which wereexacerbated by Covid-19.But thesestartups are seeing a post-pandemicrebound. We dive into what micromobilitylooks like around the world, leaders,acrossthe space.and obstaclesthatthese transportation solutions are facingsoonenouahAs congestion in cities rises, existing transportation-from carspopulation.Americans lose an average of99hours avearduetotrafficcongestion, according tothe2019INRIXNationalTraffioScorecard, and in 2019, trafficcostAmericansrouahlv$88B or anWithcitiesoressed to solve thetransportationcrisis amid risineconcerns around gas-powered emissions, micromobility startunsare emerging asa powerful alternative to the currentoublic-transitmix-especially astheCovid-19crisisimpactsthesecto Micromobility businesses- both direct-to-consumer companiesand sharing platforms-have seen strona demand as a resultofCovid-19. desoite an initial slowdown at the onset of thepandemicTheMicromobllityRevolutionCICBINSIGHTS
There's potential for micromobility startups to grow evenfurther as more people look forenvironmentallyfriendly, single-rider, open-aintransit alternatives. Bikes and scooters allowfor potentially safemethods of transportation- outdoor transit, controloversocialdistancing, andfewerpoints ofsharedcontact-compared topublic transportation.And they offeramore sustainable modeofWhilethere are challengesthatcome alona withthe arowindmicromobility trend, including lack of requlation, citywide bans. andtheft, this phenomenon has the potential to massively disrupt themobilityindustry alobally.In this analysis, we look at micromobility initiatives across theglobe, as well as at the challenges faced in the adoption of thesemobility solutions.ELCBINSIGHTS
What is micromobility?landscape.With urbanization on the rise, the maijority of trips people take fall within the category of micromobility and thus are prime candidatefor bike and scooter usage.In the US, roughly60% of all trips aresmiles orless.DISRUPTINGTHECAR0-5miles06BIKES&SCOOTERSRIDE-HAILINGCAR-SHARINGdott8)umeDiDiGrobonategetaroundskipTIERvoi.OOLAUbermoovbyTURO60%oftripsintheUS25%of trips intheUS15%oftripsintheUSCICBINSIGHISAnd as consumers take advantage of this growing trend, themarketopportunitycontinues toexpand.In the US alonethe micromobility market is predicted to be worth between$200B-$300Bbv2030.nerMcKinsevWorldwide.i...
