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Bike Sharing Market to Witness Huge Growth from 2019-2025 and Focusing on Top Key Players - Ofo, Beijing Mobike Technology, Uber Technologies, Zagster, GrabTaxi Holdings

02-05-2019 09:40 AM CET | Business, Economy, Finances, Banking & Insurance

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Bike Sharing Market

Bike Sharing Market

Bike Sharing Market

Bike sharing provides a convenient and cost effective mode of transportation to the people for short-distance trips. Bike sharing serves the dual purpose of benefiting the environment by providing a cleaner mode of transportation as well as provide a means of physical exercise for the people.

The bike sharing market generates revenue from three main sources: the deposit fees, rental charges and advertisement. Various kinds of bike sharing models include free-floating bike sharing, hybrid bike sharing, dock-based bike sharing, cargo bike sharing etc. The major advantage of bike sharing is that it is cost effective, causes less traffic congestion and is cheaper as compared to taxis and car sharing.

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Company Coverage
NYC Bike Share, Hangzhou Public Transport Corporation, Gobee.bike, LimeBike, Dropbike, Ofo, Beijing Mobike Technology, Uber Technologies, Zagster, GrabTaxi Holdings Pte

The report entitled "Global Bike Sharing Market: Size, Trends and Forecast (2019-2023)" provides an in-depth analysis of the bike sharing market including detailed description of market sizing and growth. The report provides analysis of the bike sharing market by value, by volume, by number of bike sharing schemes and includes segment analysis as well. The report also provides regional analysis of the bike sharing market for China and rest of the world.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global bike sharing market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Country Coverage
China
ROW

Executive Summary:

The global bike sharing market has been segmented on the basis of bike type, bike sharing model, application and bike sharing type. Various types of bikes used in bike sharing can be segmented into e-bikes and others. On the basis of bike sharing model, bike sharing is divided into station-based/ dock based, dockless/ free floating and hybrid bike sharing. On the basis of applications, bike sharing can be segregated into government, enterprises and others. Moreover, the types of bike sharing include point-to-point, ride and return and distributed.

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Table of Content:

1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Bike-sharing Services Market Snapshot
2.2. Global Bike-sharing Services Market by Model, 2019
2.3. Global Bike-sharing Services Market by Bike Type, 2019
2.4. Global Bike-sharing Services Market by Geography, 2019

3. Global Bike-sharing Services Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Bike-sharing Service Providers, 2019
3.5.2. Strategies Adopted by Leading Bike-sharing Service Providers

4. Global Bike-sharing Services Market Size (US$ Bn), by Model, 2016 – 2023
4.1. Overview
4.1.1. Bike-sharing Services Market Analysis by Model, 2019 & 2023
4.2. Station-based
4.3. Dockless

5. Global Bike-sharing Services Market Size (US$ Bn), by Bike Type, 2016 – 2023
5.1. Overview
5.1.1. Bike-sharing Services Market Analysis by Bike Type, 2019 & 2023
5.2. Conventional Bicycle
5.3. E-bikes

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The global bike sharing market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as rapid urbanization, increasing smartphone penetration, growth in internet of things (IoT), growing awareness about the environment and personal health etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are the risk of theft and vandalism and the need for continuous maintenance of the bikes used in bike sharing programs.

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