Exclusive Report on Bike Sharing Market: SWOT Analysis, Key Player, Market Growth, Size, and Forecast till 2028

As per the study initiated by Evolve Business Intelligence, the global Bike Sharing market size is expected to grow at a CAGR of more than 19% from 2021 to 2028.

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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Bike Sharing market have been negatively impacted due to the COVID-19 pandemic resulted in an decrease in the growth of the market for 2020 and 2021.

Asia-Pacific is anticipated to grow at the highest during the forecasted period due to the rising adoption of bike-sharing with the growing consumer preference of energy-efficient transport solutions. There is increase in usage of electric bikes with the growing traffic jams in the countries. Apart from these rising government initiatives for the bike-sharing program is also helping the market to grow.

The e-bike segment is likely to have positive growth due to the growing usage of the e-bikes, zero carbon emissions and government initatives and policies. The e-bikes are reliable, and eco-friendly transport solution, and also help in reducing air pollution. The rise in the air pollution has increased the demand for eco friendly product.

IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.

The global Bike Sharing market provides an in-depth analysis of key players which includes:
• Anywheel Pte. Ltd
• Beijing Xiaoju Technology Co, Ltd.
• Bird Rides, Inc
• BIXI Montreal
• Bond Mobility (Europe) AG
• JCDecaux
• Lime
• LYft, Inc.
• Mobike
• Nextbike GmbH

The global Bike Sharing Market is segmented based on bike type, and sharing system. On the basis of bike type, the market is segmented as Traditional/Regular Bike and E-bike. And based on the sharing system, the market is analyzed across the Docked and Dockless.

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Global Bike Sharing Market Geographic Coverage:
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Bike Sharing Market
• Value Chain Analysis of Global Bike Sharing Market
• What is the CAGR of the global Bike Sharing Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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This release was published on openPR.