Bike-Sharing Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

The bike-sharing market size has the potential to grow by USD 5.95 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 22.44%. 

This report provides a detailed analysis of the market by product (docked bikes and dockless bikes), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

• 99 Bikes
• Ford Motor Co.
• Grab Holdings Inc.
• Lyft Inc.
• Mobike
• MobilityCloud Inc.
• Neutron Holdings Inc.
• nextbike GmbH
• Trek Bicycle Corp.
• Uber Technologies Inc.

The bike-sharing market is fragmented and the vendors are deploying growth strategies such as the expansion of docking stations and the acquisition of local companies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as advances in navigation technologies to achieve growth opportunities. However, factors such as the increasing number and adoption of motorbikes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the bike-sharing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This bike-sharing market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Bike-Sharing Market: Key Drivers and Trends

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Bike-Sharing Market: Segmentation by Geography

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40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for bike-sharing in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The emergence of new players entering the market with innovative propositions like dockless bikes will facilitate the bike-sharing market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Bike-Sharing Market: Segmentation by Product

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Docked bike-sharing is a type of service in which users have to start the trip by borrowing the bike from the docks/stations and have to end the trip at designated docks/stations. The rise in the number of docking stations will drive the demand for docked bikes during the forecast period. However, the bike-sharing market share growth by the docked bikes segment will be slower than the dockless bikes segment. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the bike-sharing market size.

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Bike-Sharing Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive bike-sharing market growth during the next five years
• Precise estimation of the bike-sharing market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the bike-sharing industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of bike-sharing market vendors

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