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Bike Sharing Market Drive Big Growth | Anywheel Pte. Ltd, Beijing Xiaoju Technology Co, Ltd., Bird Rides, Inc,

07-05-2021 04:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

Bike Sharing Market

Bike Sharing Market

Bike Sharing Market by Bike Type (Traditional/Convectional and E-Bikes), and Sharing System (Docked and Dock-less): Global Opportunity Analysis and Industry Forecast, 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Bike Sharing market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Bike Sharing market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis

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“Bike Sharing Market by Bike Type and Sharing System: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global bike sharing market was valued at $3.43 billion in 2019, and is projected to reach $6.98 million by 2027, registering a CAGR of 14.0% from 2020 to 2027.

Asia-Pacific is the highest revenue contributor, followed by Europe, North America, and LAMEA. On the basis of forecast analysis, Asia-Pacific is expected to maintain its lead during the forecast period, owing to the rapid adoption rate of bike sharing service among customers in countries like Vietnam, India, China, and Singapore and the emergence of new players entering the bike sharing market with innovative propositions like dock-less bikes.

Bike sharing is referred to a bike rental service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations, which allow commuter to borrow a bike and return it at another same station. Docks are special bike racks that lock the bike, and only release it by computer control, while dock-less bike share does not require a docking station, bikes can be parked within a defined bike rack or along the sidewalk.

Most large-scale urban bike sharing programs have numerous bike check-out stations, and operate much like public transit systems, catering to tourists and visitors as well as local residents. Bike sharing systems have also been cited as a way to solve the last mile problem of public transit networks. Bike sharing services are an innovative solution to the urban mobility challenges and an effective way of promoting urban cycling and contributing to a sustainable and environmentally friendly mobility.

The factors such as rise in venture capital investments and increase in inclusion of e-bikes in the sharing fleet are anticipated to drive the bike sharing market growth. However, high initial investment cost and rise in bike vandalism & theft expected to hinder the market growth. Further, technological advancements in bike sharing system and increase in government initiatives for the development of bike-sharing infrastructure are some of factors expected to offer lucrative opportunities for the market growth during the forecast period.

COVID-19 Impact Analysis:
The outbreak of COVID-19 caused huge impacts on global economy, owing to the total lockdown and temporary shutdown of industries across the world. Whereas, the health crisis due to COVID-19 has had a significant impact on shared mobility and more particularly on the use of shared bikes. Commuters are mostly avoiding the use of public transportation and shared bikes are considered a safe, convenient, and affordable alternative to public transportation due to the pandemic. In addition, commuters are adopting shared bikes as the mode of day-to-day transportation, owing to the government restrictions on public transport due to social distancing guidelines.

Key Findings Of The Study
On the basis of bike type, the e-bikes segment is anticipated to exhibit a remarkable growth during the forecast period.
On the basis of sharing system, the docked segment is the highest contributor to the bike sharing market in terms of revenue.

The key players operating in the bike sharing market are Anywheel Pte. Ltd, Beijing Xiaoju Technology Co, Ltd., Bird Rides, Inc, BIXI Montreal, Bond Mobility (Europe) AG, JCDecaux, Lime, LYft, Inc., Mobike, Nextbike GmbH, SG Bike Pte Ltd, Spin, Tembici, Uber Technologies Inc. and Youon Technology Co., Ltd.

Key Segments Studied in the Global Bike Sharing Market: Report Coverage
Professional Key players: The key players operating in the bike sharing market are Anywheel Pte. Ltd, Beijing Xiaoju Technology Co, Ltd., Bird Rides, Inc, BIXI Montreal, Bond Mobility (Europe) AG, JCDecaux, Lime, LYft, Inc., Mobike, Nextbike GmbH, SG Bike Pte Ltd, Spin, Tembici, Uber Technologies Inc. and Youon Technology Co., Ltd.

Market Segmentation:
Bike Sharing Market by Bike Type (Traditional/Convectional and E-Bikes), and Sharing System (Docked and Dock-less): Global Opportunity Analysis and Industry Forecast, 2020-2027

Regional Scope:
North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa, United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Forecast Period 2020 to 2027 CAGR: XX Pages: 100+ Tables, Charts & Figures: 100+ Growth Drivers Pitfalls & Challenges

COVID-19 – Next Thoughts: In this piece, we have shared key data and numbers that shine a spotlight on the current scale of the crisis and the economic fallout.

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline

For more information or any query mail at sales@reportocean.com

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of
The Following Aspects:
Informational Takeaways from the Market Study: The report includes the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter’s five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.

Key Development’s in the Market: This report fuses the major developments of the market that contains confirmations, composed endeavors, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.

(Check Our Exclusive Offer: 30% to 40% Discount) Lowest Price Guarantee
https://reportocean.com/industry-verticals/sample-request?report_id=AMR1817

The study objectives of this report are:
Important Features that are under offering & key highlights of the report:
– Detailed overview of market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards market performance
– Market players information to sustain and enhance their footprint
The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

Ask Our Expert for Complete Report@:
https://reportocean.com/industry-verticals/sample-request?report_id=AMR1817

Key Points Covered in Bike Sharing Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Bike Sharing market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Bike Sharing Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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About Report Ocean:
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