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South Korea Micro Mobility Market

ID: MRFR/AT/45417-HCR
128 Pages
Sejal Akre
October 2025

South Korea Micro Mobility Market Research Report By Application (Commercial, Private), By Type (Bicycles, Shared bicycles, Electric Scooters, Electric skateboards, Weight capacity, Up to 100 kg, Between 100-250 kg, Above 250 kg) and By End-Users (State and national authority, Micro mobility services, Investors /shareholders, Research organizations, Government associations)- Forecast to 2035

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South Korea Micro Mobility Market Infographic
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South Korea Micro Mobility Market Summary

As per MRFR analysis, the South Korea micro mobility market Size was estimated at 4000.0 USD Million in 2024. The South Korea micro mobility market is projected to grow from 4685.6 USD Million in 2025 to 22800.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 17.14% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea micro mobility market is experiencing robust growth driven by technological advancements and sustainability initiatives.

  • The rise of electric scooters is reshaping urban transportation dynamics in South Korea.
  • Integration of technology in micro mobility solutions enhances user experience and operational efficiency.
  • Government initiatives for sustainability are fostering a favorable environment for micro mobility adoption.
  • Urban congestion mitigation and environmental awareness are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 4000.0 (USD Million)
2035 Market Size 22800.0 (USD Million)

Major Players

Lime (US), Bird (US), Spin (US), Dott (FR), Tier (DE), Voi (SE), Bolt (EE), Circ (DE), Jump (US)

South Korea Micro Mobility Market Trends

The micro mobility market in South Korea is experiencing notable growth, driven by urbanization and a shift towards sustainable transportation solutions. As cities become more congested, the demand for efficient and eco-friendly alternatives to traditional vehicles is increasing. Electric scooters, bicycles, and other small vehicles are gaining popularity among commuters, particularly in metropolitan areas. This trend aligns with government initiatives aimed at reducing carbon emissions and promoting greener modes of transport. Furthermore, advancements in technology are enhancing the user experience, making these options more accessible and appealing to a broader audience. In addition to environmental considerations, the micro mobility market is also influenced by changing consumer preferences. Younger generations, in particular, are more inclined to adopt shared mobility services, which offer flexibility and convenience. The integration of mobile applications for easy access to these services is further driving adoption. As the market evolves, it is likely that regulatory frameworks will adapt to accommodate the growing presence of micro mobility solutions, ensuring safety and efficiency in urban transport systems. Overall, the micro mobility market in South Korea appears poised for continued expansion, reflecting broader trends in urban mobility and sustainability.

Rise of Electric Scooters

Electric scooters are becoming increasingly popular in South Korea, particularly in urban areas. Their convenience and eco-friendliness appeal to commuters seeking alternatives to traditional transport. The government supports this trend through infrastructure development, such as dedicated lanes and parking spaces.

Integration of Technology

The micro mobility market is witnessing a surge in technological integration, with mobile applications facilitating easy access to services. Users can locate, unlock, and pay for rides seamlessly, enhancing the overall experience. This trend is likely to attract more users, especially younger demographics.

Government Initiatives for Sustainability

South Korea's government is actively promoting sustainable transport solutions, including micro mobility options. Policies aimed at reducing emissions and improving air quality are encouraging the adoption of electric vehicles and shared mobility services, which could reshape urban transport dynamics.

South Korea Micro Mobility Market Drivers

Environmental Awareness

Growing environmental awareness among South Korean citizens is significantly influencing the micro mobility market. As concerns about air pollution and carbon emissions rise, individuals are increasingly seeking eco-friendly transportation alternatives. The micro mobility market is positioned to capitalize on this shift, as electric scooters and bikes produce zero emissions during operation. Recent surveys indicate that over 70 % of South Koreans express a preference for sustainable transport options. This heightened awareness is prompting both consumers and businesses to invest in micro mobility solutions, which are perceived as a cleaner alternative to traditional vehicles. Consequently, the micro mobility market is likely to expand as more individuals prioritize environmentally responsible choices in their daily commutes.

Technological Advancements

Technological advancements are playing a crucial role in shaping the micro mobility market in South Korea. Innovations in battery technology, GPS tracking, and mobile applications enhance the user experience and operational efficiency of micro mobility vehicles. For instance, improvements in battery life allow e-scooters and e-bikes to cover longer distances, making them more appealing to consumers. The micro mobility market is witnessing a surge in the adoption of smart technologies, with an estimated 40 % of users utilizing mobile apps for locating and renting vehicles. This integration of technology not only streamlines the rental process but also provides valuable data for operators to optimize fleet management. As technology continues to evolve, the micro mobility market is expected to grow, driven by enhanced user engagement and operational capabilities.

Urban Congestion Mitigation

The micro mobility market in South Korea appears to be driven by the increasing urban congestion in major cities. As populations grow and urban areas become more densely populated, traditional transportation methods struggle to accommodate the rising demand. Micro mobility solutions, such as e-scooters and e-bikes, offer a practical alternative for short-distance travel, potentially reducing traffic congestion. According to recent data, urban areas in South Korea experience traffic delays averaging 30 % during peak hours. This situation encourages the adoption of micro mobility options, as they provide a more efficient means of navigating congested streets. The micro mobility market is likely to benefit from this trend, as consumers seek faster and more convenient transportation methods to avoid the frustrations of urban traffic.

Changing Consumer Preferences

Changing consumer preferences are significantly impacting the micro mobility market in South Korea. As lifestyles evolve, individuals are increasingly seeking flexible and convenient transportation options that align with their daily routines. The micro mobility market is responding to this demand by offering a variety of vehicles that cater to diverse consumer needs. Recent studies indicate that approximately 60 % of urban residents prefer using micro mobility solutions for short trips, highlighting a shift away from traditional modes of transport. This trend is further fueled by the rise of the sharing economy, where users favor access over ownership. As consumer preferences continue to shift, the micro mobility market is poised for growth, driven by the demand for adaptable and user-friendly transportation solutions.

Government Support and Regulation

Government support and regulation are pivotal in shaping the micro mobility market in South Korea. Authorities are increasingly recognizing the potential of micro mobility solutions to alleviate urban transportation challenges. Recent initiatives include the establishment of dedicated lanes for e-scooters and e-bikes, as well as regulatory frameworks that promote safe usage. The micro mobility market is likely to benefit from these supportive measures, as they create a conducive environment for operators and users alike. Furthermore, government incentives aimed at promoting electric vehicles may extend to micro mobility options, potentially increasing adoption rates. As regulatory frameworks evolve, the micro mobility market is expected to expand, driven by enhanced safety and accessibility for users.

Market Segment Insights

South Korea Micro Mobility Market Segment Insights:

South Korea Micro Mobility Market Segment Insights:

Micro Mobility Market Application Insights

Micro Mobility Market Application Insights

The South Korea Micro Mobility Market showcases a diverse array of applications, primarily divided into Commercial and Private use, which play a pivotal role in the overall growth and acceptance of micro mobility solutions in urban areas. The growing emphasis on sustainable transportation options is propelling the demand for electric scooters, bikes, and other micro mobility vehicles, especially in densely populated cities like Seoul, which has been focusing on smart city initiatives. Commercial applications are becoming increasingly significant as businesses seek to leverage micro mobility solutions to enhance last-mile logistics and improve the efficiency of transportation networks.

This shift is partly driven by the increasing adoption of ride-sharing and Delivery Services, where micro mobility vehicles serve as convenient and environmentally friendly alternatives. The rise in e-commerce and the need for rapid delivery systems also underscore the importance of commercial micro mobility applications, facilitating quicker delivery times while reducing carbon footprints. Meanwhile, the private segment is witnessing growing popularity among individuals seeking cost-effective and convenient transportation means for their daily commutes. With urban congestion being a persistent challenge, personal micro mobility vehicles offer a practical solution to navigate through traffic, thereby enhancing the quality of life for residents.

This segment is particularly important in fostering a culture of sustainable transport, encouraging more individuals to consider electric scooters and bicycles as viable alternatives to traditional vehicles. As the South Korean government continues to support micro mobility through infrastructure investments and regulatory reforms, both Commercial and Private applications are expected to flourish, catering to an increasingly eco-conscious consumer base. The South Korea Micro Mobility Market data reflects a clear shift towards embracing innovative transportation solutions.

Thus, the advancement and expansion of these applications will largely contribute to the evolving landscape of the urban mobility framework, aligning with broader trends of sustainability and urban efficiency. Additionally, advancements in technology and increased connectivity through mobile applications further enhance the user experience and promote the seamless integration of micro mobility options into the existing transportation ecosystem. This evolution denotes significant growth potential for both the Commercial and Private segments within the South Korea Micro Mobility Market industry as consumers increasingly seek flexibility, affordability, and sustainability in their transportation choices.

Micro Mobility Market Type Insights

Micro Mobility Market Type Insights

The South Korea Micro Mobility Market is increasingly characterized by its diverse Type segmentation, which includes various transportation modes such as bicycles, shared bicycles, electric scooters, and electric skateboards. Bicycles and shared bicycles are gaining popularity due to rising environmental concerns and the government’s push for sustainable transportation solutions, contributing to the growing urban bike-sharing programs. Electric scooters have emerged as a convenient option for short-distance travel, resonating well with younger demographics looking for efficient commuting solutions. Similarly, electric skateboards have carved out a niche market, particularly among urban youth seeking innovative and enjoyable ways to navigate city landscapes.

Weight capacity plays an essential role in this market, addressing different user needs; options for up to 100 kg cater to a broad audience, while those between 100-250 kg provide solutions for heavier individuals or additional cargo, ensuring accessibility. Devices capable of supporting weights above 250 kg appeal primarily to commercial users or delivery services. This segmentation illustrates the evolution and growth potential of the South Korea Micro Mobility Market, driven by changing consumer behavior, increased urbanization, and supportive regulatory frameworks that encourage micro mobility adoption.

Micro Mobility Market End-User Insights

Micro Mobility Market End-User Insights

The South Korea Micro Mobility Market focuses significantly on its End-Users segment, which encompasses various stakeholders, including state and national authorities, micro mobility services, investors or shareholders, research organizations, and government associations. State and national authorities play a crucial role in shaping regulations and infrastructure support that promote the safe use of micro mobility options such as e-scooters and bikes. Micro mobility services are rapidly growing, addressing urban transportation challenges and providing eco-friendly alternatives. Investors and shareholders foster innovation and development within the sector, recognizing the potential for substantial returns due to evolving consumer preferences and advancements in technology.

Research organizations contribute valuable insights and data that inform both public policy and business strategies, ensuring a sustainable approach to urban mobility. Government associations are also pivotal in creating incentive programs and initiatives to further enhance the adoption of micro mobility solutions. Overall, this segment of the South Korea Micro Mobility Market illustrates a dynamic interplay among various players who collectively drive market growth, informed by an increasing demand for efficient and sustainable transportation modes.

Get more detailed insights about South Korea Micro Mobility Market

Key Players and Competitive Insights

The micro mobility market in South Korea is characterized by a rapidly evolving competitive landscape, driven by urbanization, environmental concerns, and the increasing demand for efficient transportation solutions. Key players such as Lime (US), Bird (US), and Tier (DE) are actively shaping the market through innovative strategies and operational focuses. Lime (US) emphasizes sustainability by expanding its fleet of electric scooters and bicycles, while Bird (US) is concentrating on enhancing user experience through advanced app features and safety measures. Tier (DE) is pursuing aggressive regional expansion, aiming to capture a larger share of the market by entering new urban areas. Collectively, these strategies contribute to a dynamic competitive environment, where innovation and customer-centric approaches are paramount.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for dominance. This fragmentation allows for diverse offerings and competitive pricing, yet it also necessitates that companies differentiate themselves through unique value propositions. The collective influence of these key players is shaping the market, as they adapt to local regulations and consumer preferences.

In October 2025, Lime (US) announced a partnership with a local technology firm to develop an AI-driven fleet management system. This strategic move is likely to enhance operational efficiency and improve user experience by optimizing scooter availability and maintenance schedules. Such innovations may position Lime as a leader in the market, leveraging technology to address common operational challenges.

In September 2025, Bird (US) launched a new safety initiative aimed at reducing accidents and enhancing rider confidence. This initiative includes the introduction of advanced helmet rental options and in-app safety tutorials. By prioritizing safety, Bird not only addresses regulatory concerns but also strengthens its brand reputation, potentially attracting a broader user base.

In August 2025, Tier (DE) expanded its operations into several new cities across South Korea, signaling its commitment to growth in the region. This expansion is strategically important as it allows Tier to tap into new customer segments and increase its market share. The move reflects a broader trend of aggressive regional expansion among competitors, indicating a race to establish a foothold in emerging urban markets.

As of November 2025, current competitive trends in the micro mobility market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies collaborate to enhance service offerings and operational capabilities. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition towards innovation, technology, and supply chain reliability. This transition may redefine market dynamics, compelling companies to invest in cutting-edge solutions that meet the evolving needs of urban commuters.

Key Companies in the South Korea Micro Mobility Market market include

Industry Developments

Korea's micro mobility market has seen significant developments recently, reflecting an increasing interest in sustainable urban transportation. Diverse companies such as Toss Mobility, WeMove, Bashful, and Kakao Mobility are expanding their services, aligning with the government's push for eco-friendly transport solutions. SK Telecom has also launched innovative mobility platforms, while Hyundai Motor is investing in micro mobility solutions as part of its broader strategy to enhance urban mobility. A notable current affair involves Booma and RideNow, who are improving last-mile connectivity solutions in metropolitan areas.

August 2023 marked the acquisition of Qbike by Didi Chuxing, enhancing Didi's footprint in the local market. Additionally, LG Uplus has collaborated with tech firms to enhance network connectivity for micro mobility services. The market valuation for micro mobility services in South Korea has experienced growth fueled by increased investment and a rising consumer preference for alternative transport options. Noteworthy developments in the last two years include substantial government investment in infrastructure initiatives aimed at supporting growth in this sector, providing a robust foundation for future expansion and innovation.

Future Outlook

South Korea Micro Mobility Market Future Outlook

The micro mobility market in South Korea is projected to grow at a 17.14% CAGR from 2024 to 2035, driven by urbanization, sustainability initiatives, and technological advancements.

New opportunities lie in:

  • Development of integrated mobility apps for seamless user experience.
  • Expansion of electric scooter rental networks in urban areas.
  • Partnerships with local governments for dedicated micro mobility lanes.

By 2035, the micro mobility market is expected to be robust, driven by innovation and strategic partnerships.

Market Segmentation

South Korea Micro Mobility Market Type Outlook

  • Bicycles
  • Shared bicycles
  • Electric Scooters
  • Electric skateboards

South Korea Micro Mobility Market End-users Outlook

  • State and national authority
  • Micro mobility services
  • Investors /shareholders
  • Research organizations
  • Government associations

South Korea Micro Mobility Market Application Outlook

  • Commercial
  • Private

South Korea Micro Mobility Market Weight capacity Outlook

  • Up to 100 kg
  • Between 100-250 kg
  • Above 250 kg

Report Scope

MARKET SIZE 2024 4000.0(USD Million)
MARKET SIZE 2025 4685.6(USD Million)
MARKET SIZE 2035 22800.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 17.14% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Lime (US), Bird (US), Spin (US), Dott (FR), Tier (DE), Voi (SE), Bolt (EE), Circ (DE), Jump (US)
Segments Covered Application, Type, Weight capacity, End-users
Key Market Opportunities Integration of smart technology in micro mobility solutions enhances user experience and operational efficiency.
Key Market Dynamics Rising demand for eco-friendly transport solutions drives innovation and competition in the micro mobility market.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Micro Mobility Market in 2024?

The South Korea Micro Mobility Market is expected to be valued at 4.2 billion USD in 2024.

What is the projected market size for the South Korea Micro Mobility Market by 2035?

By 2035, the South Korea Micro Mobility Market is anticipated to reach a total valuation of 18.0 billion USD.

What is the compound annual growth rate (CAGR) for the South Korea Micro Mobility Market from 2025 to 2035?

The market is expected to exhibit a CAGR of 14.145% between 2025 and 2035.

What is the market size for the commercial application segment in 2024?

The commercial application segment of the South Korea Micro Mobility Market is valued at 2.1 billion USD in 2024.

What is the expected market size for the private application segment by 2035?

The private application segment is projected to reach 9.4 billion USD by 2035.

Who are the major players in the South Korea Micro Mobility Market?

Key players in the market include Toss Mobility, WeMove, Bashful, RideNow, Booma, and Kakao Mobility among others.

What is the expected market size for the commercial application segment by 2035?

The commercial application is projected to grow significantly to 8.6 billion USD by 2035.

What are the growth drivers for the South Korea Micro Mobility Market?

The growth drivers include increased urbanization, demand for sustainable transportation, and changing consumer preferences.

How does the South Korea Micro Mobility Market compare to other regions?

While South Korea is rapidly growing, it stands out with a unique blend of technology and urban planning unlike many other regions.

What are the key challenges facing the South Korea Micro Mobility Market?

Key challenges include regulatory hurdles and market competition among various service providers.

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