Bike Sharing Market in US and Europe 2018-2023

Mobility Foresights announces the publication of a new syndicated report titled “Bike Sharing Market in the US and Europe 2018-2023”

Key contents of the report include-

• Market size and Forecast segmented by, bike type(Pedal bike and E-bike), Geography(the US and Europe)
• Market Dynamics(Trends, Drivers, and Challenges)
• Market share and competitive landscape of bike-sharing companies in the US and Europe

Download a sample of the report at our website- http://bit.ly/2ISnxl9

Introduction

In recent years, shared bicycle systems have advanced from unsupervised systems to fully automated systems. In the beginning, the shared use of bicycles suffered an anonymous use led to theft. In recent years, the implementation of bicycle sharing information systems has overcome the theft and has enabled quick and easy access that supports rents and returns at automated stations that provide one-way trips.

Participation programs for bicycles have been implemented in multiple markets around the world. In many urban cities, you now have access to floating bicycles that can be withdrawn and released almost anywhere. In 2018, we will see an increase in cities adopting these schemes in an attempt to reduce the pressure on existing transport infrastructure and reduce the usage of personal vehicles.

Rental charges of bike sharing startups in the US

Motivate:

Markets: New York City; Bay Area; Boston; Chicago; Washington D.C.; Chattanooga, TN; Columbus, OH; Jersey City, NJ; Portland, OR

Varies city by city, Citi Bike in NY: $12 for a day pass for 30-min rides plus $4 for every additional 15 minutes; $24 for three days; $163 annual membership

LimeBike:

Markets: Seattle; Washington, D.C.; Dallas; Aurora, Colo.; Alameda, CA; South Lake Tahoe, CA; South San Francisco, CA; Imperial Beach, CA; North Bay Village, FL; Key Biscayne, FL; North Carolina State University; Greensboro NC; Arkansas State University; Holy Cross College; University of Notre Dame; South Bend, IN

$1 per every 30 minutes; $29.95 per month for 100 rides

Spin

Markets: Seattle; Washington, D.C.; Dallas; South San Francisco, CA

$1 per every 30 minutes; $29 monthly membership; $99 annual membership

Ofo

Markets: Seattle; Washington, D.C.; Worcester, MA; Revere, MA, Chelsea, MA; Malden, MA; Aurora, CO

$1 per hour

Market Dynamics

A major obstacle to sharing bicycle programs is theft and vandalism. Among the new technologies that emerge in the shared cycling scene, the geo-fencing proves effective in the protection of thieves. By relying on advanced GPS systems, geo-shielding ensures that bicycles are kept within a designated geographic area, immediately notifying operators when a bicycle is removed from the restricted area. In electric bicycles, these systems can be combined with smart locks that deactivate a bicycle's engines once they leave an operating area, making them unusable and therefore less attractive to thieves.


Market Size

The millennials are loving the idea of a sharing economy which can be testified by the popularity of the likes of Uber, Airbnb, Bla-Bla car etc. The reason behind the popularity of sharing economy can be traced to the differing mentality of millennials as compared to their ancestors. For them, life is about experiencing a variety of things rather than carrying the liability of owning a house or a car throughout their life. The rapid advancement made in technology can also not be ruled out for a dramatic shift in the thinking of the younger population. It’s like why to bother about owning something when you can avail it instantly at one swipe over your smartphone.

Companies Profiled

1. Ofo
2. Mobike
3. Lime bike
4. oBike
5. Spin
6. Jump
7. Gobee.bike
8. BIXI
9. Zagzter
10. Hello bikes
11. Mobycy
12. Donkey Republic
13. Motivate
14. Citi Bike
15. Flick Bike
16. Urbo Solutions
17. Next Bike
18. Grab Cycle
19. Yo Bike
20. Ford Gobike

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. The market size (both volume and value) of bike sharing Market in 2018-2023 and every year in between?
2. The market size and forecast segmented by bike type (Pedal and E-bike)
3. The market size and forecast segmented by Geography (US and Europe)
4. Market share of bike sharing companies in US and Europe
5. Bike sharing users profile
6. What will last mile mobility solution of the future look like?
7. The funding raised by bike sharing start-ups segmented by stage
8. Major investors active in the market
9. The role of capital in bike sharing services expansion
10. Can bike sharing displace car-pooling and car sharing, if yes then to which extent

To enquire about the report write to us at sales@mobilityforesights.com

The report can be purchased at http://bit.ly/2ISnxl9

We are a market research firm specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction& agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned. We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion

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MOBILITY FORESIGHTS PVT LTD
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Phone: +1 912-454-2080
Mail:sales@mobilityforesights.com

This release was published on openPR.