Trending 2020: Bike And Scooter Rental Market Booming Worldwide | Yulu Bikes, Uber, CITYSCOOT

Global Bike And Scooter Rental Market research report delivers the systematic and comprehensive market research study, along with the facts and figures associated with any subject in the field of marketing. The report also estimates CAGR (compound annual growth rate) values along with its fluctuations for the definite forecast period. Furthermore, this report offers better market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This market report is the outcome of incessant efforts guided by knowledgeable forecasters, innovative analysts and brilliant researchers.

Global bike and scooter rental market is expected to rise to an estimated value of USD 7.06 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of demands for environment friendly and emission-free modes of transportation.

Few of the major competitors currently working in the global bike and scooter rental market are CITYSCOOT; Lime; JUMP by Uber; Bird Rides, Inc.; ofo Inc.; COUP Mobility GmbH; nextbike GmbH; Lyft, Inc.; MOTOCRUIZER TECHNOLOGIES INDIA PVT.LTD.; Mobike; Spin; eCooltra; Bolt Bikes; Yulu Bikes Pvt Ltd; Mobycy; Vogo rentals; YUGO Urban Mobility SL; VOI Technology AB; emmy-sharing; Spinlister among others.

For In depth Information Get Sample Copy of this Report@https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-bike-and-scooter-rental-market

Global Bike and Scooter Rental Market By Operational Model (Dockless, Station-Based), Propulsion (Gasoline, Electric, Pedal), Service (Pay as You Go, Subscription-Based), Vehicle Type (Bike, Scooter, Others), Application (Short Trip, Long-Distance, Long-Distance Travel), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026.

Market Definition: Global Bike and Scooter Rental Market

Bike and scooter rental is a modern vehicle hiring service involving availing micro-modes of mobility such as bikes, scooters, cycle and others on rent for a particular time period or distance. Users can identify the docks closest to them where they can rent out the vehicles and select the dock closest to their destination and submit their vehicles at that particular location. The service providers of this service are providing their services over mobile apps as well enhancing the ease for consumers.

Market Drivers:
o Increasing preferences of micro-mobility services as a mode of transportation due to their cost-effectiveness will drive this market growth
o Focus on development and availability of sustainable modes of transportation is having a positive impact on the growth of this market
o Various marketing campaigns and promotional offers provided by various market players of this services is enhancing the rate of adoption; this factor will also boost the growth of the market
o Focus of authorities on reduction of traffic congestion resulting in various promotions and benefitting programs for the adoption of this service will propel the market growth

Market Restraints:
o Lack of infrastructure availability required for the successful operations of this service; this factor is expected to hinder the growth of the market
o Higher expenditure incurred on marketing and promotions of these services in comparison to the revenues generated by the major market players is reducing the sustainability of smaller players; this factor is expected to act as a restraint to the growth of the market

Key Developments in the Market:
o In June 2019, Bird Rides, Inc. announced the launch of "Bird Cruiser", the newest addition to their electric vehicles fleet available for consumers to rent out. The vehicle is a two-seater hybrid between bicycle and moped. Depending on the market region, the vehicle will either be pedal-assist or peg. This will enhance the adoption rate from consumers utilizing the shared mobility services
o In February 2018, CITYSCOOT announced that they had raised USD 50 million in a funding round with leading investments done by RATP Capital Innovation and Inventure Partners. This investment will enable the company to expand the fleet of vehicles that it has enhancing the volume of services they can provide to consumers as they are looking towards expansion of their presence in different cities throughout Europe

Competitive Analysis:

Global bike and scooter rental market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bike and scooter rental market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Strategic Points Covered in Table of Content of Global Bike and Scooter Rental Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Global Bike and Scooter Rental Market

Chapter 2: Exclusive Summary - the basic information of Global Bike and Scooter Rental Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Global Bike and Scooter Rental Market

Chapter 4: Presenting Global Bike and Scooter Rental Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region 2013-2018

Chapter 6: Evaluating the leading manufacturers of Global Bike and Scooter Rental Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

FREE Table Of Contents Is Available Here@https://www.databridgemarketresearch.com/toc?dbmr=global-bike-and-scooter-rental-market

Key Questions Answered in Global Bike and Scooter Rental Market Report:-
o What will the market growth rate, Overview and Analysis by Type of Global Bike and Scooter Rental Market in 2026?
o What are the key factors driving, Analysis by Applications and Countries Global Bike and Scooter Rental Market?
o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Bike and Scooter Rental Market?
o Who are Opportunities, Risk and Driving Force of Global Bike and Scooter Rental Market?
o Who are the opportunities and threats faced by the vendors in Global Bike and Scooter Rental Market? Business Overview by Type, Applications, Gross Margin and Market Share
o What are the Global Bike and Scooter Rental Market opportunities, market risk and market overview of the Market?

What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Global Bike and Scooter Rental Market Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Global Bike and Scooter Rental Market Industry market:
- The Global Bike and Scooter Rental Market Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.

Inquire More or Share Questions if Any before the Purchase on This Report @https://www.databridgemarketresearch.com/inquire-before-buying?dbmr=global-bike-and-scooter-rental-market

Customization of the Report:
o All segmentation provided above in this report is represented at country level
o All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.We are content with our glorious 99.9 % client satisfying rate.

This release was published on openPR.