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Micro Mobility to Provide Alternative Mode of Transportation and Change the Concept of Vehicle Ownership Finds Frost & Sullivan - Micro-mobility will become a future mobility solution to provide short distance travel and the first and last mile connectivity, says Frost & Sullivan - Frost.com
Micro Mobility to Provide Alternative Mode of Transportation and Change the Concept of Vehicle Ownership Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2014/09/22 - Micro-mobility will become a future mobility solution to provide short distance travel and the first and last mile connectivity, says Frost & Sullivan - Frost.com.

   
 
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Mr. Masaki Honda, Consulting Director, Automotive & Transportation Practice, Asia Pacific at Frost & Sullivan said that micro-mobility is likely to provide an alternative mode of transportation and may change the concept of vehicle ownership.
He added that Frost & Sullivan’s latest mobility study, Micro Mobility as a Future Mobility Solution, interviewed 5,000 respondents in 8 cities globally - London, Paris, Stuttgart, Milan, Brussels, New York, Yokohama and Beijing to understand the potential of micro-mobility.

He said that micro-mobility is a new mobility concept which is designed for personal mobility with one or two passengers. The study evaluated potentials of four types of micro-mobility solutions standing-type, chair-type, cycle-type and car-type.
He added that the study showed that respondents in the 8 cities interviewed, prefer to share, rent or lease a car-type micro-mobility solution for 32 per cent of their trips and chair-type for 41 per cent.

Mr. Honda said that 66 per cent of the respondents interviewed said that they will not replace their cars with micro-mobility solutions, confirming that micro-mobility solutions are suitable for first and last mile connectivity to another mode of transportation such as trains, and they still need cars for other occasions.

He also said that the study also reconfirmed Frost & Sullivan’s earlier conclusion that commuters in cities with serious traffic problems showed a higher acceptance of micro-mobility solutions as compared to cities with less traffic problems. “This implies that people in cities suffering serious traffic problems are looking for new mobility solutions.

He added that the study highlighted that a considerably high 81 per cent of people in Beijing are very interested or interested in using micro mobility. As the previous study showed, people in Beijing are not satisfied with the city’s current transportation system and are looking for new mobility solutions. That would be a reason of the high percentage of acceptance for micro-mobility solutions in Beijing, he said.

Mr. Honda said that the study conducted showed that 63 per cent of journeys are made by individual modes of transportation such as car, while 31 per cent of journeys are made by using public modes of transportation such as train and bus.

“Many people still prefer to travel by cars even though the cities surveyed have good public transportation. Whenever there are choices for either public or private transportation, many people would factor in comfort, convenience, cost and time to choose their preferred mode of transportation,” he added.

Mr. Honda said that car is probably the preferred choice for most of the cities because travelling by car is comfortable with private space, convenient to take people door-to-door, and can be faster than public transportation.

“Commuters in Yokohama and London use less individual transportation modes, at 50 per cent and 54 per cent respectively. Travelling by car in these cities may not be as good as other cities because of traffic jam which is more stressful, high costs for parking, congestion charges and tolls, and time to reach destination is unpredictable,” he added.

He also said that the Frost & Sullivan survey showed that overall, 35 per cent of the respondents are very interested or interested in using micro-mobility solutions in their daily life if it is available, while 27 per cent of the respondents are not interested and 19 per cent responded that they could not imagine using micro mobility in their daily life.

“Although micro mobility is not yet commonly available, the awareness of micro mobility is relatively high. Among the respondents who are very interested or interested in using micro mobility, 70 per cent of the respondents surveyed said they understand about the concept of micro mobility relatively well or somehow know about it,” he added.

If you like more information about the micro-mobility solutions’ study, please write to alice.chia[.]frost.com with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Micro Mobility to Provide Alternative Mode of Transportation and Change the Concept of Vehicle Ownership Finds Frost & Sullivan

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Frost & Sullivan | Micro-mobility
Publisher Contact: Alice Chia - Frost.com 
alice.chia[.]frost.com
 
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