Press release
Bike Rental Market Share 2021: Global Trends, Key Players, Industry Analysis and Report 2021-2027
The global bike rental market is anticipated to grow at a significant CAGR during the forecast period. Increased domestic and international tourism, as well as increased migration of individuals across cities, are driving the market forward. Furthermore, one of the important factors driving the growth of the global bike rental market is technological advancement and increased internet penetration. For decades, small players have operated unorganised bike rental services all across the globe. The feasibility of bike rental services has increased thanks to technical advancements such as live vehicle location tracking and remote car locking.A full report of Bike Rental Market is available at: https://www.omrglobal.com/industry-reports/bike-rental-market-share
The global success of the ride-hailing sector is inspiring confidence in investors in the bike rental industry. As a result, entrepreneurs with a strong business plan can secure large capital. Some of the key companies operating in the bike rental market include ANI Technologies Pvt. Ltd., Didi Chuxing Technology Co., Lyft, Inc., Wickedride Adventure Services Pvt. Ltd. (Bounce) and so on. To maintain a strong position in the market, these market players adopt various strategies such as product launches, partnerships, collaborations, and mergers and acquisitions. For instance, Bounce, an electric bike rental firm based in India, received $105 million in investment from Accel and B Capital Group in January 2020. Limited awareness, low price, and high beginning costs, as well as a lack of charging infrastructure for electric bikes, are some of the industry's primary challenges.
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Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Vehicle Type
o By Propulsion Technology
o By Operation Mode
• Competitive Landscape: ANI Technologies Pvt. Ltd., Didi Chuxing Technology Co., Lyft, Inc., Wickedride Adventure Services Pvt. Ltd. (Bounce) and so on.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Bike Rental Market by Segment
By Vehicle Type
• Motor Bike
• Scooter
By Propulsion Technology
• Gasoline
• Electric
• Pedal
By Operation Mode
• Dockless
• Docked
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Bike Rental Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• ANI Technologies Pvt. Ltd.
• Didi Chuxing Technology Co.
• Lyft, Inc.
• Wickedride Adventure Services Pvt. Ltd. (Bounce)
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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