Bike Sharing Market 2022-2027: Size, Share, Trends, Analysis & Research Report

Global Bike Sharing Market Research Report 2022-2027

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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group

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Report Description

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Report Description and Highlights Report Description Global Bike Sharing Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Bike Sharing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global bike sharing market reached a value of US$ 3.28 Billion in 2021.

Bike sharing refers to a micro-mobility service that generally enables individuals to hire or borrow bicycles on a short-term basis. It is based on a self-service model that allows users to utilize the rental bike service using membership cards, credit or debit cards, and a smartphone. It offers electric or conventional bicycles on rent that are widely available at docking stations.

Docks are computer-controlled parking spaces mainly built for bike parking that provide tourists and locals a cost-efficient means of transportation within a particular city. The popularity of bike sharing services is increasing across the globe due to their numerous benefits, such as transport flexibility and reduced fuel consumption.

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Report Description and Highlights

Report Description

Global Bike Sharing Market Drivers/Constraints: The market is primarily driven by a considerable rise in traffic congestion across the globe, especially in developing economies. Along with this, the rising health consciousness among individuals and the widespread preference for leading a healthy lifestyle are supporting the demand for bike sharing services.

Coupled with the increasing environmental concerns among the masses, this has significantly propelled the growth of the market. Furthermore, numerous initiatives undertaken by the governments of multiple countries to build an organized system of bike sharing services are providing an impetus to the market growth. Additionally, leading players are heavily investing in expanding their portfolio by including e-bike rental services due to an enhanced focus on sustainable development among the masses.

Other factors, including rapid urbanization, the rising incorporation of advanced technologies with bikes, and the continual development of smart cities, are also creating a positive outlook for the market.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/bike-sharing-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Bike Type: • •

Traditional and Convectional E-Bikes

Breakup by Sharing System: • •

Docked Dock-Less

Breakup by Application: • •

Short Term Long Term

Report Description and Highlights

Report Description Breakup by Region: • • • • •

North America Asia Pacific Europe Latin America Middle East and Africa

Looking forward, IMARC Group expects the market to reach a value of US$ 4.49 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • •

Beijing Xiaoju Technology Co. Ltd Bird Rides Inc BIXI Montréal CycleHop LLC Donkeyrepublic Admin Aps JCDecaux Group Lime Lyft Inc Nextbike GmbH (TIER Mobility AG) SG Bike Pte. Ltd. (ISOTeam Ltd.) Smoove Uber Technologies Inc

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc.

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Key Questions Answered in the Report

Report Description

1. What has been the historical growth rate of the global Bike Sharing Market?

2. What has been the impact of COVID-19 on the global Bike Sharing Market?

3. What are the key factors driving the global Bike Sharing Market?

4. What is the breakup of the global Bike Sharing Market based on the type?

5. What is the breakup of the global Bike Sharing Market based on the application?

6. What is the breakup of the global Bike Sharing Market based on the distribution channel?

7. What are the key regions in the global Bike Sharing Market?

8. Who are the key players/companies in the global Bike Sharing Market?

Report Description 1

Preface

2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description 5

Table of Contents

Global Bike Sharing Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7

Market Overview Market Performance Impact of COVID-19 Market Breakup by Bike Type Market Breakup by Sharing System Market Breakup by Application Market Breakup by Region

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A partial List of

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Report Description and Highlights

Report Description

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