Written by kishanroy » Updated on: May 14th, 2025
India Micro-Mobility Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 14.63% (2025-2033)
The India micro-mobility market is rapidly emerging as a transformative force in urban transportation, driven by growing demand for eco-friendly, cost-effective, and congestion-reducing mobility solutions. According to the latest report by IMARC Group, The India micro-mobility market size reached USD 2.21 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.28 Billion by 2033, exhibiting a growth rate (CAGR) of 14.63% during 2025-2033.
India Micro-mobility Industry Trends and Drivers:
Micro-mobility market in India is seeing unprecedented progress driven by a multitude of variables reshaping urban mobility. Rapid urbanization, a combination of population density and urban spaces that are not pedestrian-friendly contribute to challenges around traffic jams leading to congestion. As cities are becoming congested, public transport and private transport have become more ineffective in providing meaningful transport solutions for short-distance commuters. As a result, there is increasing demand across urban residents for more options of mobility that are flexible and environmentally sustainable for urban transportation, something micro-mobility transportation (e-scooters, e-bikes, and shared bicycles) can provide. Increasing fuel prices combined with educating Indian citizens about the challenges of environmental pollution have given further incentive to adopt micro-mobility as urban residents look for more cost-effective and environmentally favorable options for commuting. Government initiatives and policies (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme) which are critical as they provide subsidies and incentives are making it feasible to adopt micro-mobility options (e-bikes, scooters, e-scooters etc...). Initiatives around smart city projects are also creating an enabling ecosystem for mixed-service micro-mobility projects for India. Cities across India are committing to projects that help advance urban infrastructure and better integrated transportation systems which will enable micro-mobility services to expand.
Several prominent trends are currently developing in India's micro-mobility sector, signalling a fast-changing and developing sector. Shared micro-mobility services, where users can hire vehicles for short distances via a mobile app, have become immensely popular, particularly in metro cities. This model is being adopted by countless customers, as it is simple, cheap and flexible. Electric is the largest part of the micro-mobility segment, and it has driven a massive uptake in e-scooters and e-bikes, and will continue to see growth. Battery technology has evolved, and prices of electric two-wheelers are also coming down, and the availability of integrated fast charging infrastructure is getting better by the day. There is evidence that a similar trend towards e-micro-mobility in support of public transportation is also emerging, especially in, , metro rail and buses to deliver integrated first- and last-mile connectivity. These benefits have improved efficiency in urban transport networks and service-level-deterrents for public transit users. Global venture capital funding for micro-mobility start-ups is expanding rapidly and we are also seeing increased interest from established automotive players diversify their offerings. In fact, all vehicle manufacturers are currently adopting new vehicle models and better technology features that will attract and retain customers. We are already seeing micro-mobility platforms develop their network to accommodate this increase in demand. There appears to be a perfect storm - technological advances, emerging business models and government policy adaptations - that are driving rapid growth in the micro-mobility sector in India.
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India Micro-mobility Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
Propulsion Type Insights:
Sharing Type Insights:
Speed Insights:
Age Group Insights:
Ownership Insights:
Regional Insights:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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