Bike Sharing Market 2020 Strategic Assessment- Meituan Dianping (Mobike), Youon Ditan (Hellobike), Lyft, Uber

The report entitled “Global Bike Sharing Market: Size, Trends And Forecast (2020-2024 Edition)”provides analysis of the Global Bike Sharing, with detailed analysis of market size and growth. The analysis includes the market by value, by region, by segment, volume by region and by end uses. The report also provides the analysis of the Global Bike Sharing market of Asia Pacific (APAC), North America, Europe, Middle East & Africa (EMEA), and South America regions.

Market includes analysis of the Global Bike Sharing market in terms of value followed by analysis of its various segments. A Global analysis of the larger logistics market has also been included in the report in order to highlight the position of Bike Sharing with respect to the overall market.

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Moreover, the report 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 Bike Sharing market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Regional Coverage
China
ROW

Company Coverage
Meituan Dianping (Mobike)
Youon Ditan (Hellobike)
Lyft
Uber

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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.
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.
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 (2020-2024). 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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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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