PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1397883
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1397883
The demand for electric micromobility vehicles is expected to remain strong for the coming decade because they are affordable, convenient to use, and contribute to ecological sustainability. Driving their growth are electric two-wheel vehicles (E2WVs), including e-bikes, e-kick scooters, seated e-scooters, and e-motorcycles. Market drivers contributing to their growth include high gas prices, sharply increasing costs of living, purchase incentives, and policies to reduce the use of fossil-fueled vehicles.
As the annual sales and installed base of E2WVs and the data captured by various onboard sensors continue to grow, connectivity features are becoming increasingly important for consumers and operators of shared mobility services. Connectivity facilitates the efficient management of E2WV fleets, enables advanced safety functionalities for riders, and provides useful data for both riders and cities.
This Guidehouse Insights report analyzes the global potential for connectivity hardware for micromobility and evaluates how the market for these technologies will evolve. It features an overview of the key connectivity technologies-4G LTE, LTE-M, NB-IoT, GPS, Bluetooth, UWB, and V2X-and examines the key drivers for future demand. Global market forecasts from 2023 through 2032 are segmented into five global regions and include unit sales and sales revenue generated by the listed technologies, as well as E2WV unit sales by region.