Bike Sharing Market By Bike Type (Traditional/Convectional Bikes, E-Bikes), By Sharing System (Docked, Dock-less): Global Opportunity Analysis and Industry Forecast, 2023-2032
Bike sharing is referred to as a bike rental service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations, which allow commuters to borrow a bike and return it at station. Most large-scale urban bike sharing programs have numerous bike check-out stations, and operate many things such as public transit systems, catering to tourists and visitors as well as residents. Bike sharing systems have also been cited to solve the last mile problem of public transit networks. These services are an innovative solution to the urban mobility challenges and are an effective way of promoting urban cycling and contributing to a more sustainable and environmentally friendly mobility.
The factors such as rise in venture capital investments and increase in inclusion of e-bikes in the sharing fleet are anticipated to drive market growth. However, high initial investment cost and rise in bike vandalism & theft are expected to hinder market growth. Further, technological advancements in bike sharing system and increase in government initiatives for the development of bike-sharing infrastructure are some of the factors expected to offer lucrative opportunities for the market growth during the forecast period.
The bike sharing market is segmented on the basis of bike type, sharing system, and region. On the basis of bike type, it is bifurcated into traditional/convectional and e-bike. On the basis of sharing system, it is bifurcated into docked and dock-less. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the bike sharing market are Anywheel Pte. Ltd, Bird Rides, Inc, BIXI, Bond Mobility (Europe) AG, Lime, Lyft, Inc., Mobike, Nextbike GmbH, Spin, and Uber Technologies Inc.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bike sharing market analysis from 2022 to 2032 to identify the prevailing bike sharing market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the bike sharing market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global bike sharing market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Sharing SystemDocked
Dock-less
By Bike TypeTraditional/Convectional Bikes
E-Bikes
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Anywheel Pte. Ltd.
Bird Rides, Inc.
BIXI
BOND MOBILITY (EUROPE) AG
Lime
Lyft, Inc.
MOBIKE
SPIN
TIER Mobility SE
Uber Technologies Inc.
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