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Bike Sharing Market By Bike Type, By Sharing System: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 196 Pages
  • June 2023
  • Region: Global
  • Allied Market Research
  • ID: 5394272
Bike sharing is referred to as a bike rental service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations, which allow commuters to borrow a bike and return it at station. Most large-scale urban bike sharing programs have numerous bike check-out stations, and operate many things such as public transit systems, catering to tourists and visitors as well as residents. Bike sharing systems have also been cited to solve the last mile problem of public transit networks. These services are an innovative solution to the urban mobility challenges and are an effective way of promoting urban cycling and contributing to a more sustainable and environmentally friendly mobility.

The factors such as rise in venture capital investments and Increase in Inclusion of e-bikes in the sharing fleet are anticipated to drive market growth. However, high initial investment cost and rise in bike vandalism & theft are expected to hinder market growth. Further, technological advancements in bike sharing system and Increase in government initiatives for the development of bike-sharing infrastructure are some of the factors expected to offer lucrative opportunities for the market growth during the forecast period.

The bike sharing market is segmented on the basis of bike type, sharing system, and region. On the basis of bike type, it is bifurcated into traditional/convectional and e-bike. On the basis of sharing system, it is bifurcated into docked and dock-less. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the bike sharing market are Anywheel Pte. Ltd, Bird Rides, Inc, BIXI, Bond Mobility (Europe) AG, Lime, Lyft, Inc., Mobike, Nextbike GmbH, Spin, and Uber Technologies Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bike sharing market analysis from 2022 to 2032 to identify the prevailing bike sharing market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the bike sharing market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report Includes the analysis of the regional as well as global bike sharing market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Sharing System

  • Docked
  • Dock-less

By Bike Type

  • Traditional/Convectional Bikes
  • E-Bikes

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Anywheel Pte. Ltd.
  • Bird Rides, Inc.
  • BIXI
  • BOND MOBILITY (EUROPE) AG
  • Lime
  • Lyft, Inc.
  • MOBIKE
  • SPIN
  • TIER Mobility SE
  • Uber Technologies Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate-high intensity of rivalry
3.3.5. Moderate-high bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in venture capital and strategic investments
3.4.1.2. Increase in inclusion of e-bikes in the sharing fleet
3.4.1.3. Growth environment concerns
3.4.2. Restraints
3.4.2.1. High initial investment cost
3.4.2.2. Rise in bike vandalism & theft
3.4.3. Opportunities
3.4.3.1. Technological advancement in bike sharing system
3.4.3.2. Increase in government initiatives for the development of bike-sharing infrastructure
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: BIKE SHARING MARKET, BY BIKE TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Traditional/Convectional Bikes
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. E-Bikes
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: BIKE SHARING MARKET, BY SHARING SYSTEM
5.1. Overview
5.1.1. Market size and forecast
5.2. Docked
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Dock-less
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: BIKE SHARING MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Bike Type
6.2.3. Market size and forecast, by Sharing System
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Bike Type
6.2.4.1.3. Market size and forecast, by Sharing System
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Bike Type
6.2.4.2.3. Market size and forecast, by Sharing System
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Bike Type
6.2.4.3.3. Market size and forecast, by Sharing System
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Bike Type
6.3.3. Market size and forecast, by Sharing System
6.3.4. Market size and forecast, by country
6.3.4.1. UK
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Bike Type
6.3.4.1.3. Market size and forecast, by Sharing System
6.3.4.2. Germany
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Bike Type
6.3.4.2.3. Market size and forecast, by Sharing System
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Bike Type
6.3.4.3.3. Market size and forecast, by Sharing System
6.3.4.4. Italy
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Bike Type
6.3.4.4.3. Market size and forecast, by Sharing System
6.3.4.5. Rest of Europe
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Bike Type
6.3.4.5.3. Market size and forecast, by Sharing System
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Bike Type
6.4.3. Market size and forecast, by Sharing System
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Bike Type
6.4.4.1.3. Market size and forecast, by Sharing System
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Bike Type
6.4.4.2.3. Market size and forecast, by Sharing System
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Bike Type
6.4.4.3.3. Market size and forecast, by Sharing System
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Bike Type
6.4.4.4.3. Market size and forecast, by Sharing System
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Bike Type
6.4.4.5.3. Market size and forecast, by Sharing System
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Bike Type
6.5.3. Market size and forecast, by Sharing System
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Bike Type
6.5.4.1.3. Market size and forecast, by Sharing System
6.5.4.2. Middle East
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Bike Type
6.5.4.2.3. Market size and forecast, by Sharing System
6.5.4.3. Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Bike Type
6.5.4.3.3. Market size and forecast, by Sharing System
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. Anywheel Pte. Ltd.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Key strategic moves and developments
8.2. Bird Rides, Inc.
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Key strategic moves and developments
8.3. BIXI
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Key strategic moves and developments
8.4. BOND MOBILITY (EUROPE) AG
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Key strategic moves and developments
8.5. Lime
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Key strategic moves and developments
8.6. Lyft, Inc.
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. MOBIKE
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. TIER Mobility SE
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Key strategic moves and developments
8.9. SPIN
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Key strategic moves and developments
8.10. Uber Technologies Inc.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 02. BIKE SHARING MARKET FOR TRADITIONAL/CONVECTIONAL BIKES, BY REGION, 2022-2032 ($MILLION)
TABLE 03. BIKE SHARING MARKET FOR E-BIKES, BY REGION, 2022-2032 ($MILLION)
TABLE 04. GLOBAL BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 05. BIKE SHARING MARKET FOR DOCKED, BY REGION, 2022-2032 ($MILLION)
TABLE 06. BIKE SHARING MARKET FOR DOCK-LESS, BY REGION, 2022-2032 ($MILLION)
TABLE 07. BIKE SHARING MARKET, BY REGION, 2022-2032 ($MILLION)
TABLE 08. NORTH AMERICA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 09. NORTH AMERICA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 10. NORTH AMERICA BIKE SHARING MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 11. U.S. BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 12. U.S. BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 13. CANADA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 14. CANADA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 15. MEXICO BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 16. MEXICO BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 17. EUROPE BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 18. EUROPE BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 19. EUROPE BIKE SHARING MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 20. UK BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 21. UK BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 22. GERMANY BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 23. GERMANY BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 24. FRANCE BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 25. FRANCE BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 26. ITALY BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 27. ITALY BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 28. REST OF EUROPE BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 29. REST OF EUROPE BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 30. ASIA-PACIFIC BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 31. ASIA-PACIFIC BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 32. ASIA-PACIFIC BIKE SHARING MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 33. CHINA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 34. CHINA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 35. JAPAN BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 36. JAPAN BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 37. INDIA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 38. INDIA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 39. SOUTH KOREA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 40. SOUTH KOREA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 41. REST OF ASIA-PACIFIC BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 42. REST OF ASIA-PACIFIC BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 43. LAMEA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 44. LAMEA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 45. LAMEA BIKE SHARING MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 46. LATIN AMERICA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 47. LATIN AMERICA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 48. MIDDLE EAST BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 49. MIDDLE EAST BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 50. AFRICA BIKE SHARING MARKET, BY BIKE TYPE, 2022-2032 ($MILLION)
TABLE 51. AFRICA BIKE SHARING MARKET, BY SHARING SYSTEM, 2022-2032 ($MILLION)
TABLE 52. ANYWHEEL PTE. LTD.: KEY EXECUTIVES
TABLE 53. ANYWHEEL PTE. LTD.: COMPANY SNAPSHOT
TABLE 54. ANYWHEEL PTE. LTD.: PRODUCT SEGMENTS
TABLE 55. ANYWHEEL PTE. LTD.: PRODUCT PORTFOLIO
TABLE 56. ANYWHEEL PTE. LTD.: KEY STRATERGIES
TABLE 57. BIRD RIDES, INC.: KEY EXECUTIVES
TABLE 58. BIRD RIDES, INC.: COMPANY SNAPSHOT
TABLE 59. BIRD RIDES, INC.: PRODUCT SEGMENTS
TABLE 60. BIRD RIDES, INC.: PRODUCT PORTFOLIO
TABLE 61. BIRD RIDES, INC.: KEY STRATERGIES
TABLE 62. BIXI: KEY EXECUTIVES
TABLE 63. BIXI: COMPANY SNAPSHOT
TABLE 64. BIXI: PRODUCT SEGMENTS
TABLE 65. BIXI: PRODUCT PORTFOLIO
TABLE 66. BIXI: KEY STRATERGIES
TABLE 67. BOND MOBILITY (EUROPE) AG: KEY EXECUTIVES
TABLE 68. BOND MOBILITY (EUROPE) AG: COMPANY SNAPSHOT
TABLE 69. BOND MOBILITY (EUROPE) AG: PRODUCT SEGMENTS
TABLE 70. BOND MOBILITY (EUROPE) AG: PRODUCT PORTFOLIO
TABLE 71. BOND MOBILITY (EUROPE) AG: KEY STRATERGIES
TABLE 72. LIME: KEY EXECUTIVES
TABLE 73. LIME: COMPANY SNAPSHOT
TABLE 74. LIME: PRODUCT SEGMENTS
TABLE 75. LIME: PRODUCT PORTFOLIO
TABLE 76. LIME: KEY STRATERGIES
TABLE 77. LYFT, INC.: KEY EXECUTIVES
TABLE 78. LYFT, INC.: COMPANY SNAPSHOT
TABLE 79. LYFT, INC.: PRODUCT SEGMENTS
TABLE 80. LYFT, INC.: SERVICE SEGMENTS
TABLE 81. LYFT, INC.: PRODUCT PORTFOLIO
TABLE 82. LYFT, INC.: KEY STRATERGIES
TABLE 83. MOBIKE: KEY EXECUTIVES
TABLE 84. MOBIKE: COMPANY SNAPSHOT
TABLE 85. MOBIKE: PRODUCT SEGMENTS
TABLE 86. MOBIKE: PRODUCT PORTFOLIO
TABLE 87. TIER MOBILITY SE: KEY EXECUTIVES
TABLE 88. TIER MOBILITY SE: COMPANY SNAPSHOT
TABLE 89. TIER MOBILITY SE: PRODUCT SEGMENTS
TABLE 90. TIER MOBILITY SE: PRODUCT PORTFOLIO
TABLE 91. TIER MOBILITY SE: KEY STRATERGIES
TABLE 92. SPIN: KEY EXECUTIVES
TABLE 93. SPIN: COMPANY SNAPSHOT
TABLE 94. SPIN: PRODUCT SEGMENTS
TABLE 95. SPIN: PRODUCT PORTFOLIO
TABLE 96. SPIN: KEY STRATERGIES
TABLE 97. UBER TECHNOLOGIES INC.: KEY EXECUTIVES
TABLE 98. UBER TECHNOLOGIES INC.: COMPANY SNAPSHOT
TABLE 99. UBER TECHNOLOGIES INC.: PRODUCT SEGMENTS
TABLE 100. UBER TECHNOLOGIES INC.: PRODUCT PORTFOLIO
TABLE 101. UBER TECHNOLOGIES INC.: KEY STRATERGIES
List of Figures
FIGURE 01. BIKE SHARING MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF BIKE SHARING MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN BIKE SHARING MARKET (2023-2032)
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. MODERATE-HIGH THREAT OF NEW ENTRANTS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE-HIGH INTENSITY OF RIVALRY
FIGURE 08. MODERATE-HIGH BARGAINING POWER OF BUYERS
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALBIKE SHARING MARKET
FIGURE 09. BIKE SHARING MARKET, BY BIKE TYPE, 2022(%)
FIGURE 10. COMPARATIVE SHARE ANALYSIS OF BIKE SHARING MARKET FOR TRADITIONAL/CONVECTIONAL BIKES, BY COUNTRY 2022 AND 2032(%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF BIKE SHARING MARKET FOR E-BIKES, BY COUNTRY 2022 AND 2032(%)
FIGURE 12. BIKE SHARING MARKET, BY SHARING SYSTEM, 2022(%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF BIKE SHARING MARKET FOR DOCKED, BY COUNTRY 2022 AND 2032(%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF BIKE SHARING MARKET FOR DOCK-LESS, BY COUNTRY 2022 AND 2032(%)
FIGURE 15. BIKE SHARING MARKET BY REGION, 2022
FIGURE 16. U.S. BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 17. CANADA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 18. MEXICO BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 19. UK BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 20. GERMANY BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 21. FRANCE BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 22. ITALY BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 23. REST OF EUROPE BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 24. CHINA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 25. JAPAN BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 26. INDIA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 27. SOUTH KOREA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 28. REST OF ASIA-PACIFIC BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 29. LATIN AMERICA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 30. MIDDLE EAST BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 31. AFRICA BIKE SHARING MARKET, 2022-2032 ($MILLION)
FIGURE 32. TOP WINNING STRATEGIES, BY YEAR
FIGURE 33. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 34. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 35. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 36. COMPETITIVE DASHBOARD
FIGURE 37. COMPETITIVE HEATMAP: BIKE SHARING MARKET
FIGURE 38. TOP PLAYER POSITIONING, 2022
FIGURE 39. LYFT, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 40. LYFT, INC.: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 41. UBER TECHNOLOGIES INC.: NET SALES, 2020-2022 ($MILLION)
FIGURE 42. UBER TECHNOLOGIES INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 43. UBER TECHNOLOGIES INC.: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 44. UBER TECHNOLOGIES INC.: REVENUE SHARE BY REGION, 2022 (%)

Executive Summary

The Global Bike sharing Market is expected to experience a significant growth rate of 11% from 2023-2032 owing to rise in venture capital investments and increase in inclusion of e-bikes in the sharing fleet.

The bike sharing market refers to the industry that provides bicycles for shared use to individuals on a short-term basis. It involves the operation of bike sharing systems, which typically consist of a fleet of bicycles stationed at various docking stations throughout a city or urban area. Users can rent a bike from one docking station and return it to another station, allowing for convenient and flexible transportation. Bike sharing systems are usually facilitated through mobile applications or membership cards, enabling users to locate and unlock bikes, track their usage, and make payments. The bike sharing market can have different operational models, such as station-based systems with fixed docking stations or free-floating systems where bikes can be picked up and dropped off anywhere within a defined service area. The availability of electric bicycles (e-bikes) has also gained traction, offering assisted pedaling and extending the range of bike sharing systems. The bike sharing market is expected to experience significant growth due to factors such as increasing urbanization, the demand for sustainable transportation options, and the popularity of shared mobility services.

Key players in the bike sharing market include service providers or operators, municipalities or local governments, bike manufacturers, technology providers, and users. Service providers are responsible for deploying and maintaining the bike sharing systems, while local governments may support the infrastructure development and regulatory framework. Bike manufacturers play a crucial role in supplying high-quality bicycles suitable for shared use, and technology providers contribute by offering robust software platforms and mobile applications. The bike sharing market offers several benefits, including reduced traffic congestion, improved air quality, enhanced accessibility, and healthier lifestyles. It provides an affordable and eco-friendly transportation option for short-distance commuting, sightseeing, and leisure activities. In addition, bike sharing systems can complement existing public transportation networks, offering first-mile and last-mile connectivity.

Furthermore, the bike sharing market has faced challenges such as bike theft, vandalism, maintenance costs, and the need for ongoing investment in infrastructure. However, advancements in technology, including GPS tracking, secure docking systems, and user authentication, have improved the overall reliability and security of bike sharing systems. For instance, in August 2020, Philadelphia announced its Indego bike share program is now installing tracking devices on some bicycles and has taken action to limit the use of stolen credit cards on the system. Therefore, the bike sharing market is expected to evolve and expand, driven by the demand for sustainable transportation solutions and the ongoing digitalization of urban mobility. Furthermore, in April 2021, CAP-XX Limited announced that VAIMOO, an Italian-based IoT and micro-mobility industry expert, has selected the CAP-XX DMT470 supercap for its magnetic smartphone docking station system featured in the company’s integrated IoT solution for managing e-bike sharing system. It enables the high burst of power needed for all the system’s advanced Bluetooth and GPS/GPRS data communications, and for their thin form factor which fits easily inside the small e-bike IoT device.

Moreover, integration of GPS technology, consumer-ready mobile payments and reducing the investment cost of locking & tracking systems for bikes are the upcoming trends of global bike sharing mMarket in the world.

The bike sharing market is segmented into bike type, sharing system, and region. By bike type, the market is classified into traditional/convectional and e-bike. By sharing system, it is segmented into docked and dock-less. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the study include Anywheel Pte. Ltd, Bird Rides, Inc, BIXI, Bond Mobility (Europe) AG, Lime, Lyft, Inc., Mobike, Nextbike GmbH, Spin, and Uber Technologies Inc. The players in the market have been actively engaged in the adoption of various strategies such as have adopted partnerships, investments, and product launches to remain competitive and gain advantage over the competitors in the market. For instance, September 2020, BIXI Montreal partnered with Hilo to launch its first electric bike station at cegep marie-victorin in riviere-des-prairies-pointe-aux-trembles. In addition, under this partnership hilo will provide electrical assistance to all its e-bike. This electric BIXI station allows for the rental of fully charged bicycles at the station.

Key Market Insights

  • By bike type, the traditional/convectional bikes segment was the highest revenue contributor to the market and it is estimated to dominate the market during the forecast period.
  • By sharing system, the docked segment was the highest revenue contributor to the market in 2022 and it is estimated to capturing the highest revenue during the forecast period.
  • By region, Asia-Pacific was the highest revenue contributor, accounting for largest market share in 2022, and Europe is estimated grow with the highest CAGR during the forecast period.

Companies Mentioned

  • Anywheel Pte. Ltd.
  • Bird Rides, Inc.
  • BIXI
  • BOND MOBILITY (EUROPE) AG
  • Lime
  • Lyft, Inc.
  • MOBIKE
  • SPIN
  • TIER Mobility SE
  • Uber Technologies Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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