Bike Sharing Market Key Trends and Growth Opportunities by Key Players – Uber, Ofo, Neutron Holdings, dba, Lyft, and Bluegogo

Global Bike Sharing Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Bike Sharing Market is continuously growing across the world over the coming years. Bike sharing is an innovative approach to urban mobility, combining the convenience and flexibility of a bicycle with the accessibility of public transportation. Many bike share systems allow people to borrow a bike from a “dock” and return it at another dock belonging to the same system. Docks are special bike racks that lock the bike, and only release it by computer control. Growing awareness towards environmental pollution and government initiatives to encourage bike sharing are the substantial driving factors of the Bike Sharing market. In addition, increasing problem of traffic due to rising usage of vehicles and advances in navigation technologies in bike sharing are also factors which increasing demand of bike sharing across the world.

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The Major Market Player Included in This Report are:

Uber, Ofo, Neutron Holdings Inc. dba Ltd., Lyft, Bluegogo, Mobike, JCDecaux Group, Mingbikes, Hellobike, YooBike, CCbike, Zagster, LimeBike, Citi Bike, Hubway

Bike Sharing relies on a system of self-service bike stations, it can introduce new people into bicycle commuting by providing fun, safe, and secure bikes and it an encourage new demographics. According to the National Association of City Transportation Officials (NACTO), bike share programs increase the visibility of cyclists and making riding safer for everyone. Furthermore, increasing demand for e-bikes is creating numerous opportunity in the market. However, several issues such as vandalism and theft and increasing price of fuel consumption are the restraining factors of the bike sharing market in the upcoming years.

The report also provides the market size and estimates a forecast from the year 2018 to 2025 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Bike Sharing.

The report also analyzes the factors affecting Bike Sharing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.   

Target Audience of the Global Bike Sharing Market in Market Study:

– Key Consulting Companies & Advisors
– Large, medium-sized, and small enterprises
– Venture capitalists
– Value-Added Resellers (VARs)
– Third-party knowledge providers
– Investment bankers
– Investors

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advance Bike Sharing and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

What the report features:-

  • Global analysis of Bike Sharing market from 2018 – 2025 illustrating the progression of the market.
  • Forecast and analysis of Bike Sharing market by Bike Type by Sharing System by Sharing Duration and Regional Forecasts 2018-2025
  • Forecast and analysis of Bike Sharing market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

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Posted by on Wednesday October 16 2019, 10:02 AM EDT. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Business & Financial Services, Business Services, Featured Press Release, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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