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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)
CAGR (2025 - 2035) 17.14%

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

By Application: Commercial (Largest) vs. Private (Fastest-Growing)

Within the South Korea micro mobility market, the commercial segment currently holds a substantial share, benefitting from increasing investments in urban mobility solutions and the proliferation of shared mobility services. This segment includes various players involved in providing micro mobility solutions for businesses, transport services, and fleet operators, effectively meeting the demands for last-mile connectivity. In contrast, the private segment, catering to individual consumers seeking personal mobility solutions, showcases rapid growth driven by rising urbanization and changing consumer preferences towards sustainable travel options. The demand for electric scooters and bikes for personal use is increasing as consumers prioritize convenience and eco-friendliness, establishing this segment as a significant growth driver in the micro mobility landscape.

Application: Commercial (Dominant) vs. Private (Emerging)

The commercial segment in the South Korea micro mobility market is characterized by its robust presence and established player base, focusing on providing fleet services for urban transport. This segment benefits from institutional investments and collaborations, catering to businesses that require efficient, on-demand mobility solutions. On the other hand, the private segment, though currently smaller, is emerging rapidly as consumers embrace electric scooters and bicycles as alternatives to traditional transportation. This trend is fueled by the increasing awareness of environmental issues and a shift towards more personalized mobility options. Both segments showcase unique characteristics, with the commercial segment being rooted in infrastructure and logistics, while the private segment is driven by consumer preferences and lifestyle changes.

By Type: Bicycles (Largest) vs. Electric Scooters (Fastest-Growing)

In the South Korea micro mobility market, the segment distribution reveals that bicycles hold the largest share, characterized by a robust demand driven by both recreational use and commuting necessities. Shared bicycles are also gaining traction, but it is electric scooters that have captivated the market with their rapid adoption. While electric scooters are emerging as a popular alternative, bicycles continue to maintain a strong foothold due to their established presence and community-oriented initiatives. Growth trends in this segment are notably influenced by technological advancements and environmental considerations, enhancing the appeal of electric scooters. Governmental support through infrastructure development and incentives has further accelerated their uptake. As urbanization progresses, the demand for efficient and eco-friendly transportation options bolsters the position of electric scooters, while bicycles remain a trusted choice for many consumers who value traditional commuting methods.

Bicycles: Dominant vs. Electric Scooters: Emerging

Bicycles are well-established in the South Korea micro mobility market, favored for their versatility and eco-friendly nature. As a dominant mode of transport, they appeal to a wide demographic seeking sustainable travel options. The infrastructure for cycling supports this segment significantly, with dedicated lanes and community programs promoting their use. Conversely, electric scooters represent the emerging category, designed for convenience and ease of use. Their compact design makes them ideal for urban environments, providing quick solutions for short-distance travel. The rise of e-scooter-sharing platforms has made them more accessible, capturing the interest of tech-savvy younger populations who seek innovative and flexible mobility solutions.

By Weight capacity: Up to 100 kg (Largest) vs. Between 100-250 kg (Fastest-Growing)

In the South Korea micro mobility market, the weight capacity segments showcase distinct distribution patterns. The 'Up to 100 kg' segment holds the largest share, as it encompasses a diverse range of lightweight vehicles appealing to urban commuters. This segment's popularity is driven by increasing demand for compact and convenient mobility solutions that cater to a younger, tech-savvy demographic. Conversely, the 'Between 100-250 kg' segment is emerging as the fastest-growing category. The growth is fueled by rising interest in heavier electric vehicles, including e-scooters and e-bikes that can accommodate a wider range of riders. This trend aligns with government initiatives promoting sustainable transportation, enhancing the appeal of medium-weight capacity vehicles in urban settings.

Weight Capacity: Up to 100 kg (Dominant) vs. Between 100-250 kg (Emerging)

The 'Up to 100 kg' segment remains dominant in the South Korea micro mobility market, characterized by its wide variety of electric scooters and bikes designed for individual use, making it highly adaptable to urban environments. This segment is particularly appealing to daily commuters seeking efficient short-distance travel. On the other hand, the 'Between 100-250 kg' segment is emerging, catering to larger vehicles that support heavier loads and provide enhanced stability for riders. This growing segment includes more substantial e-scooters and cargo bikes, responding to urban logistics needs while attracting riders looking for more versatile travel options. Together, these segments illustrate the evolving landscape of mobility preferences in urban South Korea.

By End-users: Micro mobility services (Largest) vs. State and national authority (Fastest-Growing)

The South Korea micro mobility market is characterized by a diverse range of end-users, with micro mobility services holding the largest market share. This segment encompasses various operational models, including bike-sharing and e-scooter services, which have gained traction among urban commuters. State and national authorities, meanwhile, represent a rapidly growing segment, driven by initiatives to improve urban mobility and reduce traffic congestion. Their increasing involvement signifies a shift towards supportive regulatory frameworks and infrastructure development. Growth trends in the South Korea micro mobility market are being significantly influenced by urbanization and environmental considerations. Micro mobility services are expanding due to rising demand for sustainable transportation options that offer convenience and reduced emissions. Concurrently, state and national authorities are anticipated to play a pivotal role in shaping the market by implementing policies that support micro mobility initiatives, thus facilitating the integration of these services into the broader urban transport ecosystem.

Micro mobility services (Dominant) vs. Investors /shareholders (Emerging)

Micro mobility services have established themselves as the dominant force in end-users of the South Korea micro mobility market, providing convenient and flexible transportation solutions that cater to a growing urban population. This segment includes various offerings such as bike-sharing and electric scooter rentals, which effectively address concerns related to congestion and pollution. In contrast, the emerging segment of investors/shareholders represents those financially backing these micro mobility solutions, attracted by their potential for high returns and sustainability. Although they currently play a supporting role, their involvement is critical for the growth and scalability of micro mobility services, indicating a synergistic relationship that may foster innovation and further market expansion.

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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