[250 Pages Report] The global Micro-mobility Charging Infrastructure market was valued at around US$ 3.8 Billion in 2021. With a projected CAGR of 22.5% for the next ten years, the market is likely to reach a valuation of nearly US$ 36.6 Billion by the end of 2032.
| Attributes | Details |
|---|---|
| Micro-mobility Charging Infrastructure Market Size (2022) | US$ 4.8 Billion |
| Projected Market Value (2032) | US$ 36.6 Billion |
| Global Market Growth Rate (2022 to 2032) | 22.5% CAGR |
| Share of Top 5 Countries | 60% |
| North America Market Share (2021) | 41.4% |
| United States Growth Rate(2022 to 2032) | 21.5% CAGR |
| Key Companies Covered |
|
Future Market Insights’ analysis reveals that most of the market revenue is grossed from the E-Scooter vehicle type. On the other hand, wired Micro-mobility charging infrastructure will be the most lucrative with a forecasted CAGR of 21.9% in the upcoming decade. According to a survey, 70% of consumers were now willing to use micro-mobility services. There has been a global increase in government support for micro-mobility services and electric vehicles, which is driving the demand for the micro-mobility charging infrastructure market.
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Cost and convenience benefits are encouraging providers to swap over to battery swapping
A solidifying trend amongst Micro Mobility providers is the use of Swappable Batteries. The benefits of swapping batteries are numerous. For one, swappable batteries mean that batteries can be changed on spot, which is far more efficient than the method that was in place. Previously, providers had relied on physically ferrying scooters to charging points. The lack of ferrying also means the lifespan of the scooter itself increases as they do not go through the same wear and tear.
The batteries can also be used across different modes, which ensures the maximum possible life of the battery is utilized. Finally, the battery and vehicle being separate units mean that each can be recycled and repaired separately, so each component is utilized in the best way possible independently. Taiwan’s Gogoro leads in this category with their Swap and Go solution, through which users can swap out replenished batteries for charged ones manually at a Gogoro kiosk on the basis of a subscription fee.
Asia-Pacific is an emerging Market for demand, accounting for 22.4% of market revenue in 2021. Taiwan’s Gogoro was one of the first truly successful battery-swapping companies, with over 450,000 subscribers and an average of 250,000 daily battery swaps. Nio, a Chinese EV provider, is also developing battery-swapping technology for its vehicles. It has over 900 stations in China, with plans to expand to Europe. Particularly, China is an emerging market, with a forecasted market size of US $2.5 Billion by 2032. The country witnessed a CAGR of 23.6% from 2017 to 2021.
Principal Consultant
Government support means the USA will continue to be the largest component
According to studies, around 60% of American trips made by car are under 6 miles. The USA is the leading market for Micro-Mobility Charging Infrastructure Demand, having witnessed a CAGR of 24.8% from 2017 to 2022 and a predicted CAGR of 21.5%. In 2021, Congress under the Biden government passed the Bipartisan Infrastructure Law or the Infrastructure Investment and Jobs act. Under this act, US$ 7.5 Billion is to be provided as funding to build a national network of EV chargers along highway corridors. There are also other programs apart from this. Shared micro-mobility has also been included in and become eligible and can benefit from programs and funds such as the CMAQ Program and Surface Transportation Block Grant funding.
There have also been state-level developments. For example, The Governor of Oregon, Kate Brown, and the Oregon department of transportation announced that 44 Electric Highway charging stations in Oregon would be equipped with a 110-volt outlet that can charge electric bikes for free. The absolute dollar growth for the USA is US$ 10.5 Billion, with a forecasted market size of US$12.3 Billion by 2032.
The UK is an emerging market for demand, with a forecasted market size of US$ 1.4 Billion at a CAGR of 20.5% by 2032. The country witnessed a CAGR of 20.5% from 2017 to 2022. In 2022, the government announced through the queen’s speech that a zero-emission vehicle category would be created. This would allow for electric scooters to become road-legal. Prior to this, official rental trials had been set up in 2020 across the country, with e-scooters that were under speeds of 15.5 miles per hour. Prior to the release of this bill, e-scooters not under these trials were allowed only on private lands. The absolute dollar growth is estimated to be US $1.2 Billion.
Wired chargers are the top charger type, having witnessed a CAGR of 24.8%, but with a forecasted CAGR of 21.4% for the next decade. Wired Charging is expected to continue being the top category. Wireless charging currently has limited ranges, and problems with the management of thermal loss, and speeds are slower. The infrastructure needs are also dual as both a transmitter pad and a receiver pad need to be equipped for wireless charging to work, which means significantly high costs. Wired charging on the other hand, usually has quite a high charging capacity, minimal to no electromagnetic emissions, lower maintenance costs, and higher speeds for charging. Wireless Technology, which is more convenient to consumers, may increase if there are significant developments on the cost and technology side.
E-Scooters are the top vehicle type, with a forecasted CAGR of 22.1%, and have witnessed a CAGR of 24.9% from 2017 to 2020. The popularity of E-scooters is the main driver of the demand for E-scooter charging. When compared to other types of E-vehicles such as E-Bikes or E-skateboards, E-scooters are cheaper to use since fuel costs are significantly cheaper, convenient to travel in, more portable, require little to no physical effort to drive, and are seen as safe alternatives to public transportation due to the pandemic.
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At present, micro-mobility charging infrastructure providers are largely aiming at gaining a foothold in the market and adapting to new technology and legislation. The key companies operating in the micro-mobility charging infrastructure market include Ather Energy, Beam, Bike-energy, Bikeep, Duckt, Electrify America LLC, Flower Turbines, Get Charged, Inc., Giulio Barbieri SRL., Gogoro, Ground Control Systems, Kuhmute Inc., Magment GmbH, Meredot SIA, Numocity Technologies Pvt Ltd., PBSC Urban Solutions, Perch Mobility, Robert Bosch GmbH, Siemens AG, Solum PV, Swiftmile, The Mobility House GmbH, Tier and WiTricity among others
Some of the recent developments by key providers of Micro-mobility Charging Infrastructure are as follows:
Similarly, recent developments related to companies manufacturing Micro-mobility Charging Infrastructure have been tracked by the team at Future Market Insights, which is available in the full report.
The global Micro-mobility Charging Infrastructure market was valued at US$ 3.8 Billion in 2021 and is expected to grow to US $36.6 Billion by 2032.
The Micro-mobility Charging Infrastructure industry is set to witness a high growth rate of 22.5% over the forecast period and be valued at US$ 36.6 Billion by 2032.
E-Scooters are the top vehicle type for the Micro-mobility Charging Infrastructure Market.
Ather Energy, Beam, Bike-energy, Bikeep, Duckt, Electrify America LLC, Flower Turbines, Get Charged, Inc., Giulio Barbieri SRL., and Gogoro are the key suppliers of Micro-mobility Charging Infrastructure.
Battery Swapping is positively impacting the Micro-Mobility Charging Infrastructure market.
The USA, UK, China, Japan, and South Korea are expected to drive the most sales growth of Micro-mobility Charging Infrastructure.
The market in the USA accounts for over 36% of the global market share.
1. Executive Summary | Micro-mobility Charging Infrastructure Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Billion) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Billion) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Vehicle Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Billion) Analysis By Vehicle Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Vehicle Type, 2022 to 2032
5.3.1. E-scooters
5.3.2. E-bikes
5.3.3. E-unicycles
5.3.4. E-skateboards
5.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Vehicle Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Charger Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Billion) Analysis By Charger Type, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Charger Type, 2022 to 2032
6.3.1. Wired
6.3.2. Wireless
6.4. Y-o-Y Growth Trend Analysis By Charger Type, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Charger Type, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Power Source
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Billion) Analysis By Power Source, 2017 to 2021
7.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Power Source, 2022 to 2032
7.3.1. Solar Powered
7.3.2. Battery Powered
7.4. Y-o-Y Growth Trend Analysis By Power Source, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By Power Source, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Billion) Analysis By End-use, 2017 to 2021
8.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By End-use, 2022 to 2032
8.3.1. Commercial
8.3.2. Residential
8.4. Y-o-Y Growth Trend Analysis By End-use, 2017 to 2021
8.5. Absolute $ Opportunity Analysis By End-use, 2022 to 2032
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Billion) Analysis By Region, 2017 to 2021
9.3. Current Market Size Value (US$ Billion) Analysis and Forecast By Region, 2022 to 2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. Middle East and Africa (MEA)
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. United States of America
10.2.1.2. Canada
10.2.2. By Vehicle Type
10.2.3. By Charger Type
10.2.4. By Power Source
10.2.5. By End-use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Vehicle Type
10.3.3. By Charger Type
10.3.4. By Power Source
10.3.5. By End-use
10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Vehicle Type
11.2.3. By Charger Type
11.2.4. By Power Source
11.2.5. By End-use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Vehicle Type
11.3.3. By Charger Type
11.3.4. By Power Source
11.3.5. By End-use
11.4. Key Takeaways
12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Vehicle Type
12.2.3. By Charger Type
12.2.4. By Power Source
12.2.5. By End-use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Vehicle Type
12.3.3. By Charger Type
12.3.4. By Power Source
12.3.5. By End-use
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. Japan
13.2.1.2. China
13.2.1.3. India
13.2.1.4. Malaysia
13.2.1.5. Singapore
13.2.1.6. Australia
13.2.1.7. Rest of Asia Pacific
13.2.2. By Vehicle Type
13.2.3. By Charger Type
13.2.4. By Power Source
13.2.5. By End-use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Vehicle Type
13.3.3. By Charger Type
13.3.4. By Power Source
13.3.5. By End-use
13.4. Key Takeaways
14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
14.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Vehicle Type
14.2.3. By Charger Type
14.2.4. By Power Source
14.2.5. By End-use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Vehicle Type
14.3.3. By Charger Type
14.3.4. By Power Source
14.3.5. By End-use
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. United States of America
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Vehicle Type
15.1.2.2. By Charger Type
15.1.2.3. By Power Source
15.1.2.4. By End-use
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Vehicle Type
15.2.2.2. By Charger Type
15.2.2.3. By Power Source
15.2.2.4. By End-use
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Vehicle Type
15.3.2.2. By Charger Type
15.3.2.3. By Power Source
15.3.2.4. By End-use
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Vehicle Type
15.4.2.2. By Charger Type
15.4.2.3. By Power Source
15.4.2.4. By End-use
15.5. Rest of Latin America
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Vehicle Type
15.5.2.2. By Charger Type
15.5.2.3. By Power Source
15.5.2.4. By End-use
15.6. Germany
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Vehicle Type
15.6.2.2. By Charger Type
15.6.2.3. By Power Source
15.6.2.4. By End-use
15.7. United Kingdom
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Vehicle Type
15.7.2.2. By Charger Type
15.7.2.3. By Power Source
15.7.2.4. By End-use
15.8. France
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Vehicle Type
15.8.2.2. By Charger Type
15.8.2.3. By Power Source
15.8.2.4. By End-use
15.9. Spain
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Vehicle Type
15.9.2.2. By Charger Type
15.9.2.3. By Power Source
15.9.2.4. By End-use
15.10. Italy
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Vehicle Type
15.10.2.2. By Charger Type
15.10.2.3. By Power Source
15.10.2.4. By End-use
15.11. Rest of Europe
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Vehicle Type
15.11.2.2. By Charger Type
15.11.2.3. By Power Source
15.11.2.4. By End-use
15.12. Japan
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Vehicle Type
15.12.2.2. By Charger Type
15.12.2.3. By Power Source
15.12.2.4. By End-use
15.13. China
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Vehicle Type
15.13.2.2. By Charger Type
15.13.2.3. By Power Source
15.13.2.4. By End-use
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Vehicle Type
15.14.2.2. By Charger Type
15.14.2.3. By Power Source
15.14.2.4. By End-use
15.15. Malaysia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Vehicle Type
15.15.2.2. By Charger Type
15.15.2.3. By Power Source
15.15.2.4. By End-use
15.16. Singapore
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Vehicle Type
15.16.2.2. By Charger Type
15.16.2.3. By Power Source
15.16.2.4. By End-use
15.17. Australia
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Vehicle Type
15.17.2.2. By Charger Type
15.17.2.3. By Power Source
15.17.2.4. By End-use
15.18. Rest of Asia Pacific
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Vehicle Type
15.18.2.2. By Charger Type
15.18.2.3. By Power Source
15.18.2.4. By End-use
15.19. GCC Countries
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Vehicle Type
15.19.2.2. By Charger Type
15.19.2.3. By Power Source
15.19.2.4. By End-use
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Vehicle Type
15.20.2.2. By Charger Type
15.20.2.3. By Power Source
15.20.2.4. By End-use
15.21. Israel
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2021
15.21.2.1. By Vehicle Type
15.21.2.2. By Charger Type
15.21.2.3. By Power Source
15.21.2.4. By End-use
15.22. Rest of MEA
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2021
15.22.2.1. By Vehicle Type
15.22.2.2. By Charger Type
15.22.2.3. By Power Source
15.22.2.4. By End-use
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Vehicle Type
16.3.3. By Charger Type
16.3.4. By Power Source
16.3.5. By End-use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Ather Energy
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Bike-energy
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Bikeep
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. Flower Turbines
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Get Charged, Inc.
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Giulio Barbieri SRL
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Ground Control Systems
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Magment GmbH
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Perch Mobility
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. Robert Bosch GmbH
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.11. Solum PV
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.12. Swiftmile
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.13. The Mobility House GmbH
17.1.13.1. Overview
17.1.13.2. Product Portfolio
17.1.13.3. Profitability by Market Segments
17.1.13.4. Sales Footprint
17.1.13.5. Strategy Overview
17.1.13.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Micro-mobility Charging Infrastructure Market
