Bike Sharing Market Is Booming Worldwide with Jump Bikes ,Citi Bike ,Nextbike

Research Reports

Oct 09, 2021

The Bike Sharing Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

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The bike-sharing system is a service in which bikes are made available for shared use to individuals on a short term basis for a price or free. The many of the bike-sharing systems allow people to borrow a bike from a dock and return it at another dock belonging to the same system. In these systems, smartphone mapping apps show nearby available bikes and open docks.

In May 2019, Uber announced it launching its new electric jump bikes in London (United Kingdom). The companyâ€™s red bikes which can be hired through the Uber app. The bikes have an electric motor, which is designed to stop people from breaking a sweat and can reach speeds of 15mph.

Major Players are:

Jump Bikes (United States),Citi Bike (United States),Nextbike (Germany),Lime (United States),Capital Bikeshare (United States),Call a bike (Germany),Blue Bikes (United States),Mobike (China),Hellobike (China),Santander Cycles (United Kingdom)

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:

Type (Conventional Bike, E-Bike), Application (Government, Enterprises, Others), Sharing Model (Station-Based/ Dock Based, Dockless/ Free Floating, Hybrid Bike Sharing), Time Period (Short Term, Long Term)

Market Trends:

Advancements in the Navigation Technologies

Market Drivers:

Rising Smartphone Penetration Worldwide

Increasing Youth Population

Growth in the Internet of Things (IoT)

Challenges:

Risk of Theft and Vandalism

Opportunities:

Rapid Urbanization Worldwide

Increasing Middle-Class Population in Developing Countries

Years considered for this report:

Historical Years: 2015-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2021-2026

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Extract from Table of Content:

Chapter 01 – Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Covid-19 Crisis Analysis on Global Bike Sharing Market

Chapter 05 – Global Bike Sharing Market – Pricing Analysis

Chapter 06 – Global Bike Sharing Market Background

Chapter 07 — Global Bike Sharing Market Segmentation

Chapter 08 – Key and Emerging Countries Analysis in Global Bike Sharing Market

Chapter 09 – Global Bike Sharing Market Structure Analysis

Chapter 10 – Global Bike Sharing Market Competitive Analysis

Chapter 11 – Assumptions and Acronyms

Chapter 12 – Research Methodology

What are the market factors that are explained in the Bike Sharing Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:

How much is the Bike Sharing MarketWorth?
What is the Growth Rate of the Bike Sharing Market?
Which Segment ofthe Bike Sharing to Hold the Highest Market Share?
Which Segment ofthe Bike Sharing Market to Witness Fastest Growth Rate?
Which Region to Hold the Biggest Market Share?
Who are the Key Players of the Bike Sharing Market?

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