A number of factors, such as the rising need for maintaining a green environment, surging requirement for minimizing traffic congestion, and increasing demand for effective transportation systems for short-distance traveling, are projected to drive the growth of the Turkish micromobility market at a robust CAGR of 64.5% during the forecast period (2021–2030). According to P&S Intelligence, the market generated revenue of $92.8 million in 2020, and it is expected to reach $14,711.1 million by 2030. Moreover, the market is witnessing a trend of surging adoption of e-scooters in the country.
One of the prime factors aiding the Turkish micromobility industry is the rising need for maintaining a green environment. Environmental pollution is one of the major issues in the country. Air pollution level is above the guidelines of the World Health Organization (WHO), which leads to deadly diseases. Micromobility is helping in minimizing pollution levels, and thus, the micromobility ecosystem is expanding significantly, owing to its high availability, ease of functioning, low pricing, and environment-friendly. Moreover, the micromobility services are expected to replace cars being used for short distances in the long run, and they help in reducing emission levels.
The vehicle type segment of the Turkish micromobility industry is classified into e-scooters, e-bikes, e-pods, e-mopeds, bikes, and scooters. Among these, the e-scooters category accounted for the largest market share in 2020, and it is also expected to witness the fastest growth in the coming years. This is attributed to the rising fleet size of e-scooters. This leads to the high availability of e-scooters for micromobility services in the country, as compared to other vehicle types.
