South Korea Micromobility Market Size, Share, and COVID-19 Impact Analysis, By Type (E-Scooters, E-Bikes, E-Mopeds, E-Pods, Bikes, Scooters), By Sharing System (Docked, Dockless), and South Korea Micromobility Market Insights, Industry Trend, Forecasts to 2035.

South Korea Micromobility Market Insights Forecasts to 2035

• The South Korea Micromobility Market Size was estimated at USD 3.26 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 15.72% from 2025 to 2035
• The South Korea Micromobility Market Size is Expected to Reach USD 16.24 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Micromobility Market Size is anticipated to reach USD 16.24 Billion by 2035, growing at a CAGR of 15.72% from 2025 to 2035. The growing emphasis on alleviating urban traffic congestion, the need to lower air pollution and transportation costs, and the rising demand for effective first- and last-mile connectivity are the main drivers of the market's expansion.

Market Overview

The South Korean micromobility market covers a variety of small, lightweight, and mostly electric-powered modes of transport suited for short distances. They are commonly employed in first- and last-mile connections as an alternative to conventional public transit and private vehicles. Electric scooters (e-scooters), electric bicycles (e-bikes), and shared fleets of bikes are typical examples. Additionally, The South Korea micro mobility market is facing high market trends that are influenced by urbanization, technology, and a drive for environmentally friendly means of transportation. With the urban population increasing, South Koreans are looking for ways to travel efficiently in cities. Furthermore, there are opportunities in creating customized micro-mobility solutions, particularly for short-distance journeys and last-mile connectivity in population-dense cities like Seoul. Firms can look to collaborate with local government authorities and transportation boards to develop multi-modal transport solutions that enhance the usability and accessibility of micro-mobility vehicles.

Report Coverage

This research report categorizes the market for the South Korean micromobility market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korean micromobility market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korean micromobility market.

Driving Factors

Technological innovations have improved the user interface of micromobility services. GPS and mobile apps enable users to find and open e-scooters with ease, and electric versions solve noise and emission issues. Moreover, these companies, such as Lime, Wind Mobility, and Beam Mobility, have made significant investments in the South Korean market, increasing their fleets and offerings. This surge of private investment speeds up development and availability of micromobility solutions, driving market growth.

Restraining Factors

Inclement weather, such as cold weather, high humidity, and precipitation, has been found to adversely affect the consumption of micromobility services. Such climatic conditions have been found to decrease both the probability of taking e-scooters and trip length, which in turn influence total demand.

Market Segmentation

The South Korea micromobility market share is classified into type and sharing system.

• The e-scooters segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea micromobility market is segmented by type into e-scooters, e-bikes, e-mopeds, e-pods, bikes, scooters. Among these, the e-scooters segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This can be attributed to the fact that e-scooter sharing services can contribute significantly to solving the issue of last- and first-mile commuting, where the current public transit options are less cost-efficient. Furthermore, e-scooters are cheap and accessible, and they are environmentally friendly as they do not consume gasoline or other petroleum products. These scooters are designed to be placed in a very small area, and they can be utilized to reach public transport, including buses and trains.

• The dockless segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea micromobility market is segmented by sharing system docked and dockless. Among these, the dockless segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. It will largely be because of a rise in the number of firms going for the dockless model over the docked one as the former requires less capital and has lesser operational expenses. Also, customers like dockless sharing more than docked sharing due to its affordability and easy features, like more parking flexibility.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea micromobility market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Kakao Mobility Co. Ltd.
• Dart Sharing Co. Ltd.
• Dash Company Co. Ltd.
• Beam Mobility Holdings Pte. Ltd.
• Neuron Mobility Pte. Ltd.
• Olulo Co. Ltd.
• G Bike Co. Ltd.
• PUMP Co. Ltd.
• Gogoro Inc.
• Others

Recent Developments:

• In January 2024, Gbike had launched its battery-swapping station pilot two years prior and had recently collaborated with Zentropy to construct its first station in South Korea in 2024. It had planned to establish 4,000 stations throughout the country by 2030. This infrastructure was expected to have a significant impact on the micromobility landscape by enhancing efficiency and convenience for electric scooters and bikes.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Micromobility Market based on the below-mentioned segments:

South Korea Micromobility Market, By Type

• E-Scooters
• E-Bikes
• E-Mopeds
• E-Pods
• Bikes
• Scooters

South Korea Micromobility Market, By Sharing System

• Docked
• Dockless