US$ 4.7 Billion Bike Sharing Market Outlook 2023-2028 | Industry Key Players: Beijing Xiaoju Technology Co. Ltd., Bird Rides Inc., BIXI Montréal

Bike Sharing Market Outlook 2023-2028:

IMARC Group’s latest report, titled “Bike Sharing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global bike sharing market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.86% during 2023-2028.

What is a Bike Sharing System ? :

Bike sharing is a system where bicycles are made available for shared use to individuals who do not own them. This concept has recently gained popularity as a sustainable and convenient mode of transportation. Private companies or local governments operate bike sharing systems, and the bikes are typically located at strategically placed docks or stations throughout a city. Users can rent a bike for a short period and return it to any station when they're done. Bike sharing is an affordable and environmentally friendly alternative to traditional modes of transportation, and it has become a popular option for commuting and leisure activities.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/bike-sharing-market/requestsample


Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being

  • Beijing Xiaoju Technology Co. Ltd
  • Bird Rides Inc
  • BIXI Montréal
  • CycleHop LLC
  • Donkeyrepublic Admin Aps
  • JCDecaux Group
  • Lime, Lyft Inc
  • Nextbike GmbH (TIER Mobility AG)
  • SG Bike Pte. Ltd. (ISOTeam Ltd.)
  • Smoove 
  • Uber Technologies Inc

Bike Sharing Market Growth, Demand and Development:

The global market is primarily driven by the increasing demand for sustainable and convenient modes of transportation. In line with this, the rapid adoption of bike sharing systems to reduce traffic congestion, improve air quality, and promote a healthy lifestyle is significantly contributing to the market growth. Furthermore, the rising popularity of dockless bike sharing systems due to their greater flexibility and convenience is catalyzing the market. Apart from this, the growing partnership between the bike sharing companies and mobility as a service provider with the escalating adoption of electric bikes is anticipated to propel the market growth. Moreover, the rising government initiatives for the development of reliable bike-sharing infrastructure are creating a positive outlook for the market. Besides, several governments worldwide are offering subsidies to service vendors for developing stations and expanding their reach to many commuters. This, in turn, is expected to favorably impact the market. Additionally, the increasing concerns regarding environmental pollution are driving the uptake of environment-friendly transport solutions, supplementing industry growth.

 Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/bike-sharing-market

Key Market Segmentation:

Breakup by Bike Type:

  • Traditional and Convectional 
  • E-Bikes 

Breakup by Sharing System:

  • Docked
  • Dock-Less 

Breakup by Application:

  • Short Term
  • Long Term

 Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other) 

Key Highlights of the Report: 

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape 

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. 

Browse More Research Reports:

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800  

Popular posts from this blog

GCC LED Lighting Market Size, Trends, Growth, Forecast & Industry Report 2024-2032

Image
According to IMARC Group, the GCC led lighting market share reached us$ 876.9 million in 2023 . Looking forward, Imarc group expects the market to reach us$ 2,174.9 million by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032. The report has segmented the market by product type (panel lights, down lights, street lights, and others), application (residential, commercial, industrial, and others), import and domestic manufacturing (imports, domestic manufacturing), public and private sectors (public sector, private sector), outdoor and indoor application (indoor, outdoor), and region. Request to Get the Sample Report: https://www.imarcgroup.com/gcc-led-lighting-market/requestsample What is the LED Lighting Market ? Light Emitting Diode (LED) lighting has emerged as a transformative technology in the field of illumination, revolutionizing the lighting solutions are perceived and utilized. LEDs are semiconductor devices that emit light when an electrical current passes...
Read more

Europe Beer Market Share, Size, Forecast & Analysis 2023-2028

Image
IMARC Group, a leading market research company, has recently releases report titled “Europe Beer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”. The study provides a detailed analysis of the industry, including the   Europe beer market share , size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the Europe Beer Market? The Europe beer market size reached US$ 146.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 167.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.4% during 2023-2028. Request to Get the Sample Report: https://www.imarcgroup.com/europe-beer-market/requestsample Factors Affecting the Growth of the Europe Beer Industry:     Shifting Consumer Preferences: The beer market in Europe is experiencing notable growth as consumer preferences undergo continuous evolution. In addition to this, ther...
Read more

Blood Group Typing Market Size, Key Facts, Dynamics, Segments and Forecast Report 2023-2028

Image
  The new report by Expert Market Research titled, ‘Global  Blood Group Typing Market Size , Trend, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global blood group typing market. It assesses the market based on its segments like offerings, techniques, test types, end-uses, and major regions. Get a Free Sample Report with Table of Contents@   https://www.expertmarketresearch.com/reports/blood-group-typing-market/requestsample The key highlights of the report include: Market Overview 2018-2028 • Historical Market Size (2021):  USD 2 billion • Forecast CAGR (2023-2028):  9.10% • Forecast Market Size (2027):  USD 3.37 billion The market for blood group typing is being driven by the increasing prevalence of chronic diseases, along with the rising demand for blood from various end-users such as hospitals and clinics, research institutes, and blood banks, among others. The increasing number of emergencies and road accidents t...
Read more