India Two-Wheeler Sharing Market Research Report Analysis by Top Key Players | Rapido , Ola (ANI Technologies Pvt. Ltd) , Uber ,

In 2019, the Indian two-wheeler sharing market generated $31.1 million and is projected to reach a value of $94.0 million by 2025, registering a CAGR of 20.2% during the forecast period (2020-2025). The market is growing due to the urban road congestion, increasing requirement for first and last-mile connectivity, and low-priced convenient solution for commuting. The two-wheeler sharing service is a facility in which two-wheelers are made available to public for long-range and short-range commute and travel purposes. The service can be utilized through the booking platforms provided by the service providers.

When vehicle is considered, the Indian two-wheeler sharing market is bifurcated into bicycle and motorcycle/scooter. The motorcycle/scooter category dominated the market in 2018 and is predicted to account for the major share of the market during the forecast period as well. The category is further divided into scooter sharing, bike taxi, and rental, among which, the bike taxi division is expected to grow at the fastest pace during the forecast period. The bicycle category is further divided into station-based and dock-less, between which, the dock-less division held the larger share of the market in 2018.

On the basis of region, the Indian two-wheeler sharing market is divided into east, west, north, and south. Out of these, the Southern region accounted for the major share of the market in 2018 and is further predicted to dominate the market during the forecast period. This is due to the increasing presence of major two-wheeler sharing companies in cities of the Southern region, such as Hyderabad, Bengaluru, and others. The Eastern region is projected to grow at the fastest pace during the forecast period.

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The establishment of electric fleet in the country is creating wide opportunities for players operating in the Indian two-wheeler sharing market. The concern regarding pollution levels in India is increasing, which is leading to an urgent need for environmental protection. This is creating opportunities for the two-wheeler sharing services providers to expand their fleet with electric two-wheelers. The industry has been witnessing a gradual shift from traditional to electric two-wheelers, as these vehicles can help in overcoming the air pollution issues.

Hence, the market is growing due to the increasing requirement for first and last-mile connectivity.

Market Size Breakdown by Segment

The India Two-wheeler sharing market report offers comprehensive market segmentation analysis along with market estimation for the period 2018-2025.

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Based on Vehicle Type
Motorcycle/Scooter
Bicycle

Geographical Analysis
East
West
North
South

Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Vehicle

1.3.2 Market Segmentation by Region

1.3.3 Analysis Period

1.3.4 Market Data Reporting Unit

1.3.4.1 Value

1.4 Key Stakeholders

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