Global Bike Sharing Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.97% during the forecast period that is 2017-2025 due to the expanding bike sharing operators in the market as well as increasing demand towards E-bike among the customers. The emerging as well as developing regions such Asia-Pacific, North America, and Europe has adopted this technology in last few years. The urban transportation is the key reason will drive the global market during the forecast period in terms of usage and demand due to heavy traffic jams and high environmental concern.

Global Bike Sharing Market Size, Share Analysis, By Region 2017

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global bike sharing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bike sharing market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Segment Analysis

By Bike Type Insights: Based on the bike type, the worldwide bike sharing market has been segmented into Conventional Bike, E-Bike. E-Bike or Electric bike is projected to grow significant manner during the forecast period in terms of revenue and demand because of growing awareness regarding environment, easy to use technology, offered longer journeys and attracted new users who might not be comfortable cycling. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period. 

By Sharing System Insights: Based on the sharing system type, the global bike sharing market has been segmented into Docked, Dockless. In 2017 the dockedless segment led the market and is estimated to drive the market during the forecast period in terms of demand due to growing several technologies, such as the proliferation of GPS technology, consumer-ready mobile payments, IoT and reducing the investment cost of locking and tracking systems for bikes, have led to the introduction of dockless bike sharing system in the market. Each sharing system is further described in detail in the report with value forecasts for aforementioned period.  

By Sharing Duration Insights: Based on the sharing duration type, the global bike sharing market has been segmented into Short Term, Long Term. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Regional Analysis

The global bike sharing market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific dominated the global market and is projected to show its continue dominance over the forecast period in terms of revenue and demand owing to increasing demand, technological friendly, urban transportation need, easy payment method, IoT and reducing the cost and income level. Some of the developing countries such as India, China, Australia, Japan and other key countries will witness healthy growth, demand and revenue in coming years. 

The North America and Europe are the second largest market in 2018 and is projected to be fastest growing regions in the global market over the forecast period because of technological advancement and growing awareness about environment. The U.S has collected measurable revenue and is valued to be healthy growth rate in coming years due to increasing demand in the country and presence of major key players. Europe will contribute highest growth and revenue over the forecast period.    

Key Players

The major key players will play significant roles in the global market that include Mobike, Ofo, Lyft, Uber, Bluegogo, LimeBike, JCDecaux Group amongst others.  

Global Bike Sharing Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.