openPR Logo
Press release

Bike Rental Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031

10-10-2024 03:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Bike Rental Market

Bike Rental Market

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.

Get Free Sample link @ https://www.omrglobal.com/request-sample/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.

Full report of Bike Rental Market available @ https://www.omrglobal.com/industry-reports/bike-rental-market-share

Market Coverage

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

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.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bike-rental-market-share

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bike Rental Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031 here

News-ID: 3687161 • Views:

More Releases from Orion Market Research

5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT
Supply Chain Security Market Set to Witness Significant Growth by 2033 | Testo SE & Co. KGaA, Orbcomm Inc., Sensitech Inc
Supply Chain Security Market Set to Witness Significant Growth by 2033 | Testo S …
The global Supply Chain Security Market was valued at USD 2.6 billion in 2024 and is projected to reach USD 6.2 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.64% from 2025 to 2033. Supply Chain Security Market Overview The Supply Chain Security Market is experiencing significant growth due to increasing concerns over cyber threats, data breaches, and the need for real-time tracking and monitoring of shipments.
Subscription Billing Management Market Set to Witness Significant Growth by 2034 | Recurly, Zoho Corporation, Zuora, Chargebee, and 2Checkout
Subscription Billing Management Market Set to Witness Significant Growth by 2034 …
The global Subscription Billing Management Market was valued at USD 7.90 billion in 2024 and is projected to reach USD 20.75 billion by 2033, growing at a compound annual growth rate (CAGR) of 11.33% from 2025 to 2033. Subscription Billing Management Market Overview The Subscription Billing Management Market is experiencing significant growth due to the increasing adoption of subscription-based business models across various industries, including IT, telecommunications, BFSI, retail, healthcare, and
Distributed Fiber Optic Sensor Market Set to Witness Significant Growth by 2033 | OFS Fitel, LLC, Bandweaver, Omnisens SA, AP Sensing GmbH, and DarkPulse Inc
Distributed Fiber Optic Sensor Market Set to Witness Significant Growth by 2033 …
The global Distributed Fiber Optic Sensor (DFOS) market was valued at approximately USD 1,415.6 million in 2024 and is projected to reach USD 3,650.6 million by 2033, growing at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2033. Distributed Fiber Optic Sensor Market Overview The Distributed Fiber Optic Sensor (DFOS) market is experiencing significant growth due to the increasing demand for real-time monitoring and structural health assessment across

All 5 Releases


More Releases for Bike

Europe Bike Sharing Market 2021 Strategic Assessments - Cloud Bike, Rekola, Pony …
The Europe Bike Sharing Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. The Europe Bike Sharing
Biometric Bike Locks Market Trends, Regulations And Competitive Landscape Outloo …
Biometric Bike Locks Market: Market Overview Security has always been a concern for human beings. Today’s bike owners focus on theft prevention technologies and methods to enhance vehicle security and thus, the demand for biometric bike locks is growing rapidly. Increasing security awareness about bikes is further driving the growth of the biometric bike locks market. Moreover, continuously growing demand for enhanced security and identification systems for triathlon/time trial bikes has
Bicycle & Components Market Report 2018: Segmentation by Product (Mountain Bike, …
Global Bicycle & Components market research report provides company profile for Campagnolo Srl, Giant Bicycle Inc, Cycleurope AB, Hamilton Industries Ltd, Derby Cycle Corporationand, Atlas Cycles Ltd, Accell Group NV, Caloi Inc, Avon Cycles Ltd, Cannondale Bicycle Corporation Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,
Shaft Drive Bike Market Report 2018: Segmentation by Product (Mountain Bike, Roa …
Global Shaft Drive Bike market research report provides company profile for Brikbikes, Beixo, Maruishi Cycle Ltd., ECruiser Bikes, Mobike, TDJDC, Dynamic Bicycles and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Global Carbon Fiber Bike Market 2017 Industry:Merida Bike, Battle-FSD, Trek Bike …
Global Carbon Fiber Bike Market 2017 Industry Research Report by Service spreads across 116 pages profiling 20 companies and supported with tables and figures available at ReportsnReports.com Global Carbon Fiber Bike Market 2017 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market. This is a professional and in-depth study on the
Global Carbon Fiber Bike Market 2017 : Marmot Bike, Cube Bike, Colnago, SOLOMO, …
QY Market Research published, Top Manufacturers Analysis Of Carbon Fiber Bike Research Report. A market study based on the "Carbon Fiber Bike Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Carbon Fiber Bike Market 2017’. The research report analyses the historical as well as present performance of the worldwide Carbon Fiber Bike industry, and makes predictions on the future status of Carbon Fiber