Bike-Sharing Service Market, By Model (Station-based and Dockless), By Type (Conventional Bicycle and E-bikes), By Age (Age 18-24, Age 25-34, Age 35-44, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI371119 | Publish Date: May 2023 | No. of Pages: 172

Global BikeSharing Service Market By Overview

Improvement in navigational technologies used in bikes globally is witnessing a rapid growth rate in recent years for the bike-hsaring service market. In addition, governments investments to develop reliable bike-sharing infrastructure and encouraging concepts like smart cities is expected to drive growth of the global market over the forecast period. The governments are presenting subsidies for expanding reach to more number of commuters. With rapid growth in urbanization, number of vehicles and travel demand has grown considerably. Moreover, bike-sharing services significantly decrease the long streaks of traffic, thereby allowing countries to manage energy dependency and environmental challenges effectively. In 2018, Chinese Municipal governments sponsored the Public Bike Sharing Program (PBSP) development to boost non-motorized transport and offer flexible, convenient, and low-cost mobility options. These services are majorly used in urban areas due to increased fuel prices and rise in traffic congestion. However, increase in bike vandalism & theft may hamper growth of the global market over the forecast period. Nevertheless, growing concerns related to the rise in environmental pollution are leading toward the adoption of environment-friendly transport solutions including electric bikes and bicycles, supporting industry growth. This is mainly attributed to create lucrative growth opportunities for the global market.

The global bike-sharing service market is segmented based on model, type, age, and region.

Based on model type, the global bike-sharing service market is segmented station-based and dockless. In 2017, Station-based bike-sharing service segment was preferred over dockless bike-sharing service providers. The trend will grow and station-based bike-sharing model will continue to generate majority of the revenue stream over the forecast period. On the basis of type, the target market is segmented into conventional bicycle and E-bikes. E-bikes type segment is dominating the global market, owing to growing demand for ecofriendly transportation. Based on age, the target market is classified into Age 18-24, Age 25-34, Age 35-44, and Other.

Based on region the global bike-sharing service market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific bike sharing service market is anticipated to grow at a fastest rate, owing to rapid growth in the region owing to the changing consumer preference toward energy-efficient transport solutions. According to the data published by Ministry of Transport (MoT), China has over 23 million bicycles with & over 400 million users, 70 bike-sharing companies, across the region. The rapidly growing population and increasing urbanization in India and China are contributing to industry expansion. Several start-ups are investing in the Chinese market due to the availability of a large number of potential customers in the region.

The key players operating the global bike-sharing service market involves Hangzhou Public Transport Corporation, NYC Bike Share, LLC, Gobee.bike, LimeBike, Dropbike, Ofo, Beijing Mobike Technology Co., Ltd., Uber Technologies Inc., Zagster, Inc., and GrabTaxi Holdings Pte Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in December 2018, Ford GoBike has proclaimed the addition of approximately 600 e-bikes to the U.S. market.

Detailed Segmentation:

Global Bike-Sharing Service Market, By Model:

  • Station-based
  • Dockless

Global Bike-Sharing Service Market, By Type:

  • Conventional Bicycle
  • E-bikes

Global Bike-Sharing Service Market, By Age:

  • Age 18-24
  • Age 25-34
  • Age 35-44
  • Other

Global Bike-Sharing Service Market, By Region:

      • North America
        • North America Bike-Sharing Service Market, By Model
        • North America Bike-Sharing Service Market, By Type
        • North America Bike-Sharing Service Market, By Age
        • North America Bike-Sharing Service Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Bike-Sharing Service Market, By Model
        • Europe Bike-Sharing Service Market, By Type
        • Europe Bike-Sharing Service Market, By Age
        • Europe Bike-Sharing Service Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Bike-Sharing Service Market, By Model
        • Asia Pacific Bike-Sharing Service Market, By Type
        • Asia Pacific Bike-Sharing Service Market, By Age
        • Asia Pacific Bike-Sharing Service Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                            
      • Latin America
        • Latin America Bike-Sharing Service Market, By Model
        • Latin America Bike-Sharing Service Market, By Type
        • Latin America Bike-Sharing Service Market, By Age
        • Latin America Bike-Sharing Service Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Bike-Sharing Service Market, By Model
        • Middle East & Africa Bike-Sharing Service Market, By Type
        • Middle East & Africa Bike-Sharing Service Market, By Age
        • Middle East & Africa Bike-Sharing Service Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

  •  Hangzhou Public Transport Corporation*
    • Company Overview
    • Chipset Portfolio
    • Key Highlights
    • Financial Performance
  • NYC Bike Share, LLC
  • Gobee.bike
  • LimeBike
  • Dropbike
  • Ofo
  • Beijing Mobike Technology Co., Ltd.
  • Uber Technologies Inc.
  • Zagster, Inc.
  • GrabTaxi Holdings Pte Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

Global BikeSharing Service Market By Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Model
      • Market Snippet, By Type
      • Market Snippet, By Age  
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  4. Global Bike-Sharing Service Market, By Model, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Station-based
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Dockless
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Bike-Sharing Service Market, By Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Conventional Bicycle
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • E-bikes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Bike-Sharing Service Market, By Age, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Age 18-24
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Age 25-34
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Age 35-44
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Bike-Sharing Service Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Model, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Age, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Model, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Age, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Model, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Age, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Model, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Age, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Model, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Age, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Hangzhou Public Transport Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • NYC Bike Share, LLC
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Gobee.bike
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • LimeBike
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Dropbike
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Ofo
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Beijing Mobike Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Uber Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Zagster, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • GrabTaxi Holdings Pte Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  10. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

Bike-Sharing Service Market report is segmented based on Model, Type, Age, and region.

The bike-sharing services market is still in its early stages of growth, but it is expected to provide substantial investment opportunities for all ecosystem participants (operators, federal agencies, and so on).

The Asia-Pacific region is expected to be the dominant in Bike-Sharing Service market

The key players operating in the Bike-Sharing Service market includes Hangzhou Public Transport Corporation, NYC Bike Share, LLC, Gobee.bike, LimeBike , Dropbike , Ofo , Beijing Mobike Technology Co., Ltd., Uber Technologies Inc., Zagster, Inc., and GrabTaxi Holdings Pte Ltd. .