Bike and Scooter Rental Market Development Factors, Latest Opportunities and Forecast 2028

The rising demand for micro mobility and pollution-free mode of transportation is driving the demand for bike and scooter rental services worldwide. The increasing traffic congestion, need for economical commute options, strict government emission regulations are some of the other factors that are expected to boost the demand further during the forecast period of 2019 to 2028. Due to the growing concern regarding environmental protection, the governments of various countries are supporting the development of electric vehicles worldwide. Hence, the rising government initiatives to boost the adoption of environment friendly vehicles and electric vehicles are anticipated to drive the growth of global bike and scooter rental market.

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Companies Profiled in this report includes:  Bird Rides, Inc., Cityscoot, JUMP by Uber, Lime,  Lyft, Inc., Mobike, nextbike GmbH, Spin, Vancouver Bike Share Inc., Yulu Bikes Pvt Ltd.

MARKET SEGMENTATION

The global bike and scooter rental market is segmented on the basis of service, propulsion, operational model, vehicle type, and geography. On the basis of service, the market is segmented into pay-as-you-go and subscription based. By propulsion, the market is segmented into pedal, electric, and gasoline. On the basis of operational model, the market is segmented into dockless and station-based. On the basis of vehicle type, the market is segmented into bike and scooter.

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MARKET PLAYERS

The reports cover key developments in the bike and scooter rental market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from bike and scooter rental market are anticipated to lucrative growth opportunities in the future with the rising demand for bike and scooter rental in the global market. Below mentioned is the list of few companies engaged in the bike and scooter rental market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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