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Bike Sharing Market in Nordic Countries 2024-2028

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    Report

  • 147 Pages
  • December 2024
  • Region: Denmark, Finland, Iceland, Norway, Sweden
  • TechNavio
  • ID: 5557987
1h Free Analyst Time
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The bike sharing market in nordic countries is forecasted to grow by USD 161.3 million during 2023-2028, accelerating at a CAGR of 9% during the forecast period. The report on the bike sharing market in nordic countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing traffic congestion, increasing focus on health and fitness, and government initiatives promoting cycling.

The bike sharing market in nordic countries is segmented as below:

By Vehicle Type

  • Traditional bike
  • E-bike

By Type

  • Dockless
  • Docked

By Geographical Landscape

  • Nordic Countries
This study identifies the increasing adoption of dockless bike sharing services as one of the prime reasons driving the bike sharing market in nordic countries growth during the next few years. Also, growing popularity of bicycle touring and rise in venture capital investments will lead to sizable demand in the market.

The report on the bike sharing market in nordic countries covers the following areas:

  • Bike Sharing Market in Nordic Countries sizing
  • Bike Sharing Market in Nordic Countries forecast
  • Bike Sharing Market in Nordic Countries industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bike sharing market in nordic countries vendors that include Bikeshare Danmark AS, Donkey Republic Admin ApS, Helsinki Regional Transport Authority, nextbike GmbH, OSS Rafrennur ehf., Rekola Bikesharing sro, Saimaa Bikes, ShareBike AS, Smartbike Scandinavia, SMOOVE SAS, UIP Drift AS, Urban Sharing AS, and VAIMOO. Also, the bike sharing market in nordic countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Nordic Countries - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Bike Sharing Market in Nordic Countries 2018 - 2022
Historic Market Size - Data Table on Bike Sharing Market in Nordic Countries 2018 - 2022 ($ million)
5.2 Vehicle Type segment analysis 2018 - 2022
Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
5.3 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Bike Sharing Market in Nordic Countries
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Vehicle Type
8.1 Market segments
Chart on Vehicle Type - Market share 2023-2028 (%)
Data Table on Vehicle Type - Market share 2023-2028 (%)
8.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
8.3 Traditional bike - Market size and forecast 2023-2028
Chart on Traditional bike - Market size and forecast 2023-2028 ($ million)
Data Table on Traditional bike - Market size and forecast 2023-2028 ($ million)
Chart on Traditional bike - Year-over-year growth 2023-2028 (%)
Data Table on Traditional bike - Year-over-year growth 2023-2028 (%)
8.4 E-bike - Market size and forecast 2023-2028
Chart on E-bike - Market size and forecast 2023-2028 ($ million)
Data Table on E-bike - Market size and forecast 2023-2028 ($ million)
Chart on E-bike - Year-over-year growth 2023-2028 (%)
Data Table on E-bike - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Dockless - Market size and forecast 2023-2028
Chart on Dockless - Market size and forecast 2023-2028 ($ million)
Data Table on Dockless - Market size and forecast 2023-2028 ($ million)
Chart on Dockless - Year-over-year growth 2023-2028 (%)
Data Table on Dockless - Year-over-year growth 2023-2028 (%)
9.4 Docked - Market size and forecast 2023-2028
Chart on Docked - Market size and forecast 2023-2028 ($ million)
Data Table on Docked - Market size and forecast 2023-2028 ($ million)
Chart on Docked - Year-over-year growth 2023-2028 (%)
Data Table on Docked - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 Sweden - Market size and forecast 2023-2028
Chart on Sweden - Market size and forecast 2023-2028 ($ million)
Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
Chart on Sweden - Year-over-year growth 2023-2028 (%)
Data Table on Sweden - Year-over-year growth 2023-2028 (%)
11.4 Denmark - Market size and forecast 2023-2028
Chart on Denmark - Market size and forecast 2023-2028 ($ million)
Data Table on Denmark - Market size and forecast 2023-2028 ($ million)
Chart on Denmark - Year-over-year growth 2023-2028 (%)
Data Table on Denmark - Year-over-year growth 2023-2028 (%)
11.5 Finland - Market size and forecast 2023-2028
Chart on Finland - Market size and forecast 2023-2028 ($ million)
Data Table on Finland - Market size and forecast 2023-2028 ($ million)
Chart on Finland - Year-over-year growth 2023-2028 (%)
Data Table on Finland - Year-over-year growth 2023-2028 (%)
11.6 Norway - Market size and forecast 2023-2028
Chart on Norway - Market size and forecast 2023-2028 ($ million)
Data Table on Norway - Market size and forecast 2023-2028 ($ million)
Chart on Norway - Year-over-year growth 2023-2028 (%)
Data Table on Norway - Year-over-year growth 2023-2028 (%)
11.7 Iceland - Market size and forecast 2023-2028
Chart on Iceland - Market size and forecast 2023-2028 ($ million)
Data Table on Iceland - Market size and forecast 2023-2028 ($ million)
Chart on Iceland - Year-over-year growth 2023-2028 (%)
Data Table on Iceland - Year-over-year growth 2023-2028 (%)
11.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Bikeshare Danmark AS
Bikeshare Danmark AS - Overview
Bikeshare Danmark AS - Product / Service
Bikeshare Danmark AS - Key offerings
SWOT
14.5 Donkey Republic Admin ApS
Donkey Republic Admin ApS - Overview
Donkey Republic Admin ApS - Product / Service
Donkey Republic Admin ApS - Key offerings
SWOT
14.6 Helsinki Regional Transport Authority
Helsinki Regional Transport Authority - Overview
Helsinki Regional Transport Authority - Product / Service
Helsinki Regional Transport Authority - Key offerings
SWOT
14.7 Rekola Bikesharing sro
Rekola Bikesharing sro - Overview
Rekola Bikesharing sro - Product / Service
Rekola Bikesharing sro - Key offerings
SWOT
14.8 Saimaa Bikes
Saimaa Bikes - Overview
Saimaa Bikes - Product / Service
Saimaa Bikes - Key offerings
SWOT
14.9 Smartbike Scandinavia
Smartbike Scandinavia - Overview
Smartbike Scandinavia - Product / Service
Smartbike Scandinavia - Key offerings
SWOT
14.10 SMOOVE SAS
SMOOVE SAS - Overview
SMOOVE SAS - Product / Service
SMOOVE SAS - Key offerings
SWOT
14.11 UIP Drift AS
UIP Drift AS - Overview
UIP Drift AS - Product / Service
UIP Drift AS - Key offerings
SWOT
14.12 Urban Sharing AS
Urban Sharing AS - Overview
Urban Sharing AS - Product / Service
Urban Sharing AS - Key offerings
SWOT
14.13 VAIMOO
VAIMOO - Overview
VAIMOO - Product / Service
VAIMOO - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2023 and 2028
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value Chain Analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Nordic Countries - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 22: Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
Exhibits 23: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 24: Historic Market Size - Data Table on Bike Sharing Market in Nordic Countries 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
Exhibits 26: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 27: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 28: Five forces analysis - Comparison between 2023 and 2028
Exhibits 29: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 30: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 32: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 33: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 34: Chart on Market condition - Five forces 2023 and 2028
Exhibits 35: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 36: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 37: Chart on Comparison by Vehicle Type
Exhibits 38: Data Table on Comparison by Vehicle Type
Exhibits 39: Chart on Traditional bike - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Traditional bike - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Traditional bike - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Traditional bike - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on E-bike - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on E-bike - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on E-bike - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on E-bike - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Vehicle Type ($ million)
Exhibits 48: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 49: Chart on Type - Market share 2023-2028 (%)
Exhibits 50: Data Table on Type - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Type
Exhibits 52: Data Table on Comparison by Type
Exhibits 53: Chart on Dockless - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Dockless - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Dockless - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Dockless - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Docked - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Docked - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Docked - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Docked - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Type ($ million)
Exhibits 62: Data Table on Market opportunity by Type ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 65: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 66: Chart on Geographic comparison
Exhibits 67: Data Table on Geographic comparison
Exhibits 68: Chart on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Chart on Sweden - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Sweden - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Denmark - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Data Table on Denmark - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Chart on Denmark - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Denmark - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Finland - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Data Table on Finland - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Chart on Finland - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Finland - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on Norway - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Data Table on Norway - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Chart on Norway - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on Norway - Year-over-year growth 2023-2028 (%)
Exhibits 84: Chart on Iceland - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Data Table on Iceland - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Chart on Iceland - Year-over-year growth 2023-2028 (%)
Exhibits 87: Data Table on Iceland - Year-over-year growth 2023-2028 (%)
Exhibits 88: Market opportunity By Geographical Landscape ($ million)
Exhibits 89: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 90: Impact of drivers and challenges in 2023 and 2028
Exhibits 91: Overview on criticality of inputs and factors of differentiation
Exhibits 92: Overview on factors of disruption
Exhibits 93: Impact of key risks on business
Exhibits 94: Companies covered
Exhibits 95: Company ranking index
Exhibits 96: Matrix on companies position and classification
Exhibits 97: Bikeshare Danmark AS - Overview
Exhibits 98: Bikeshare Danmark AS - Product / Service
Exhibits 99: Bikeshare Danmark AS - Key offerings
Exhibits 100: SWOT
Exhibits 101: Donkey Republic Admin ApS - Overview
Exhibits 102: Donkey Republic Admin ApS - Product / Service
Exhibits 103: Donkey Republic Admin ApS - Key offerings
Exhibits 104: SWOT
Exhibits 105: Helsinki Regional Transport Authority - Overview
Exhibits 106: Helsinki Regional Transport Authority - Product / Service
Exhibits 107: Helsinki Regional Transport Authority - Key offerings
Exhibits 108: SWOT
Exhibits 109: Rekola Bikesharing sro - Overview
Exhibits 110: Rekola Bikesharing sro - Product / Service
Exhibits 111: Rekola Bikesharing sro - Key offerings
Exhibits 112: SWOT
Exhibits 113: Saimaa Bikes - Overview
Exhibits 114: Saimaa Bikes - Product / Service
Exhibits 115: Saimaa Bikes - Key offerings
Exhibits 116: SWOT
Exhibits 117: Smartbike Scandinavia - Overview
Exhibits 118: Smartbike Scandinavia - Product / Service
Exhibits 119: Smartbike Scandinavia - Key offerings
Exhibits 120: SWOT
Exhibits 121: SMOOVE SAS - Overview
Exhibits 122: SMOOVE SAS - Product / Service
Exhibits 123: SMOOVE SAS - Key offerings
Exhibits 124: SWOT
Exhibits 125: UIP Drift AS - Overview
Exhibits 126: UIP Drift AS - Product / Service
Exhibits 127: UIP Drift AS - Key offerings
Exhibits 128: SWOT
Exhibits 129: Urban Sharing AS - Overview
Exhibits 130: Urban Sharing AS - Product / Service
Exhibits 131: Urban Sharing AS - Key offerings
Exhibits 132: SWOT
Exhibits 133: VAIMOO - Overview
Exhibits 134: VAIMOO - Product / Service
Exhibits 135: VAIMOO - Key offerings
Exhibits 136: SWOT
Exhibits 137: Inclusions checklist
Exhibits 138: Exclusions checklist
Exhibits 139: Currency conversion rates for US$
Exhibits 140: Research methodology
Exhibits 141: Information sources
Exhibits 142: Data validation
Exhibits 143: Validation techniques employed for market sizing
Exhibits 144: Data synthesis
Exhibits 145: 360 degree market analysis
Exhibits 146: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the bike sharing market in nordic countries: Bikeshare Danmark AS, Donkey Republic Admin ApS, Helsinki Regional Transport Authority, nextbike GmbH, OSS Rafrennur ehf., Rekola Bikesharing sro, Saimaa Bikes, ShareBike AS, Smartbike Scandinavia, SMOOVE SAS, UIP Drift AS, Urban Sharing AS, and VAIMOO.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of dockless bike sharing services."

According to the report, one of the major drivers for this market is the increasing traffic congestion.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bikeshare Danmark AS
  • Donkey Republic Admin ApS
  • Helsinki Regional Transport Authority
  • nextbike GmbH
  • OSS Rafrennur ehf.
  • Rekola Bikesharing sro
  • Saimaa Bikes
  • ShareBike AS
  • Smartbike Scandinavia
  • SMOOVE SAS
  • UIP Drift AS
  • Urban Sharing AS
  • VAIMOO