Press release
Bike Rental Market 2023 Driving Factors Forecast Research 2029
Bike Rental Market
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Besides, the success of ride hailing market all across the globe is also providing confidence to investors toward the bike rental industry. Due to this, startups are securing significant funding with a strong business model. For instance, India based electric bike rental company; Bounce secured a funding of $105 million in January 2020 led by Accel and B Capital Group. However, low awareness, low pricing, and initial cost, charging infrastructure for electric bikes are some of the major challenges for the bike rental industry. In March 2018, ofo Inc., a Chinese based bicycle rental start-up secured a funding of $866 million led by Alibaba Group with overall funding of $2.2 billion, however, the startup is under massive debt and is on the verge of bankruptcy.
full report of Bike Rental Market available @ https://www.omrglobal.com/industry-reports/bike-rental-market
• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Bike Rental Market- Segmentation
By Vehicle Type
• Motor Bike
• Scooter
By Propulsion Technology
• Gasoline
• Electric
• Pedal
By Operation Mode
• Dockless
• Docked
Regional Outlook
North America
• The US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global Bike Rental market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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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.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
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