+1-888-308-5802     
News Contact Us

Bike Sharing Market 2020 Global Analysis, Trends, Forecast up to 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Rising environmental concerns along with the implementation of government regulation will outline bike sharing market trends over the forecast period. Rapid modernization and urbanization has caused major traffic problems that has been associated with safety risks, air pollution, economic competitiveness, loss in relation with accessibility and sustainable growth. Bike sharing schemes offer transport flexibility, reduced congestion as well as fuel congestion and reduction in harmful emissions.

Increasing health consciousness among people owing to the rise in health conditions as a result of living a sedentary lifestyle will contribute towards expanding bike sharing market share. Bikes play a major role in leading a healthy lifestyle and exhibit some key health benefits. The benefits of biking comprises flexible joints, stronger bones, lower body fat levels, improved cardiovascular fitness as well as reduced anxiety and stress levels.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4302

The proliferation in the smart city development in Asia Pacific and the MEA is expected to drive the bike sharing market growth over the forecast timeline. The increase in incidents of dockless bike theft & vandalism is hampering the industry. The technological advancements in navigation & GPS technology are aiding service providers to track the exact location of bikes, eliminating the chances of bike thefts. The lack of awareness about bike-sharing in rural areas will restrict their use, limiting industry expansion.

The demand for free-floating bikes is increasing across the globe due to their benefits such as maximum accessibility and enhanced convenience. Commuters are allowed to park their bikes at any location. Companies are focusing on delivering more dockless bike-sharing services, to expand the customer base. For instance, in April 2018, a Brazilian start-up company, Yellow, announced the deployment of over 20,000 dockless bikes in the market. Players are incorporating advanced GPS technologies to increase the security of free-floating bikes. The technology provides alerts to local security teams when bikes are moved without being unlocked.?

Rapid advancements in technology has led service providers to install appropriate navigations systems in bicycles which helps people find their destination. The convenience delivered by the improving technology will foster bike sharing market size. Copenhagen had launched an efficient and innovative bike sharing program a few years ago that was offering GPS-enabled Android tablets with the bikes.

The Ministry of Transport says that China has nearly 70 companies that have deployed over 23 million bicycles nationwide and have attracted more than 400 million users. With a revenue of $35 billion, this industry has helped create over 390,000 jobs. It has also been estimated that dockless bike sharing in China has helped reduce 400 million hours of time spent in the traffic. This has established a low-carbon network for transport and lessened the pressure for urban transport.

Request for customization @ https://www.gminsights.com/roc/4302

Major companies underscoring global bike sharing market forecast including Neutron Holdings Inc., Tembici, Divvy Bikes, Capital Bikeshare, Lime, Youon Bikes and Mobike. The players have consistently involved in gathering investments and collaborating with firms and governments for the expansion of their business.

Table of Contents (ToC) of the report:

Chapter 1. Methodology and Scope

1.1. Definitions & forecast parameters

1.1.1. Definitions

1.1.2. Methodology and forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Bike sharing market 360° synopsis, 2015 – 2025

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Type trends

2.1.4. Model trends

Chapter 3. Bike Sharing Market Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 – 2025

3.3. Industry ecosystem analysis

3.3.1. Manufacturers

3.3.2. Technology & service providers

3.3.3. End-use landscape

3.3.4. Vendor matrix

3.4. Technology & innovation landscape

3.5. Public bike sharing theft statistics, by region

3.5.1.1. North America

3.5.1.2. Europe

3.5.1.3. Asia Pacific

3.5.1.4. Latin America

3.5.1.5. MEA

3.6. Rental rate, by region

3.6.1.1. North America

3.6.1.2. Europe

3.6.1.3. Asia Pacific

3.6.1.4. Latin America

3.6.1.5. MEA

3.7. Regulatory landscape

3.7.1.1. North America

3.7.1.2. Europe

3.7.1.3. Asia Pacific

3.7.1.4. Latin America

3.7.1.5. MEA

3.8. Industry impact forces

3.8.1. Growth drivers

3.8.1.1. Growing environmental & health concerns across the globe

3.8.1.2. Rise in traffic congestion and increased fuel prices in Asia Pacific

3.8.1.3. Proliferation of smart cities in Europe and MEA

3.8.1.4. Emergence of dock less bike sharing in Latin America

3.8.1.5. Robust expansion of e-bike sharing in North America

3.8.1.6. Advances in navigation & GPS technologies

3.8.1.7. Supportive government policies and focus on increased pollution globally

3.8.2. Industry pitfalls & challenges

3.8.2.1. High cost associated with the development of bike-stations

3.8.2.2. Risks of theft and vandalism

3.8.2.3. Need for frequent maintenance

3.9. Growth potential analysis

3.10. Porter's analysis

3.10.1. Supplier power

3.10.2. Buyer power

3.10.3. Threat of new entrants

3.10.4. Threat of substitutes

3.10.5. Internal rivalry

3.11. Competitive landscape, 2018

3.11.1. Strategy dashboard (New product development, M&A, Investment landscape)

3.12. PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/bike-sharing-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Implantable Cardioverter-Defibrillators Market Growth Drivers, Regional Trends And Competitive Landscape Forecast To 2026

Published Date: 2020-09-18         Author: Ronak Bora

The report titled ‘Global Implantable Cardioverter-Defibrillators Market Research Report’ is based on the comprehensive analysis undertaken by the analysts and contains thorough insights about the global market sphere. Detailed study of the business landscape, alongside the essential par... Read More

Medical Disposables Market Statistical Forecast and Competitive Analysis Report to 2026

Published Date: 2020-09-18         Author: Ronak Bora

Titled ‘Global Medical Disposables Market Research Report’, the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The study is inclusive of a well-elaborated, extensive scrutiny of this industry alongside ... Read More

Pulse Oximeters Market Geographic Segmentation, Statistical Forecast and Competitive Analysis Report to 2026

Published Date: 2020-09-18         Author: Ronak Bora

The study, called ‘Global Pulse Oximeters Market Research Report’, is conceptualized by means of massive research that has been undertaken by analysts. An in-depth analysis of the global industry has been provided in the study. This detailed, massive report is complete with pivotal aspec... Read More

© 2020 Fractovia. All Rights Reserved