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Bike Sharing Market Research Report: By Type, Geographical Outlook - Industry Analysis and Growth Forecast to 2025

  • ID: 4912379
  • Report
  • November 2019
  • Region: Global
  • 116 pages
  • Prescient & Strategic Intelligence Private Limited
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FEATURED COMPANIES

  • Anywheel Pte. Ltd.
  • CycleHop LLC (HOPR)
  • DiDi Chuxing (DiDi Bike)
  • G.bike
  • Motivate Inc. (Citi Bike)
  • Nextbike GmbH (nextbike)
  • MORE
Bike Sharing Market Size to Almost Double during 2019-2025

With urbanization, the demand for daily commuting is also growing. People need an efficient transportation mode to travel from their homes to an intermediate point, such as a bus stop or metro station, and then from that intermediate point to work, college or any other destination. Additionally, a large number of people also travel directly between their home and destination, without using intermediary modes of transport. Hiring a cab or using other public transit services can be slightly expensive and not always reliable, in terms of efficiency, which is why the demand for micromobility services, including bike (bicycle) sharing, is rising.

From $2.7 billion in 2018, the bike sharing services market is expected to grow to $5.0 billion by 2025, at a 10.2% CAGR during 2019-2025 (forecast period). Dock-less and station-based are the two types of bike sharing services available across the world, of which dock-less services were more popular in 2017-2018. This is because dock-less bikes can be picked up and dropped off anywhere, as per the convenience of riders, which makes them more popular. Even service providers prefer dock-less bikes, as these require less capital expenditure than the station-based system.

Among the two types of bikes available for sharing purposes - pedal and electric - e-bikes are rapidly gaining popularity. The major reason behind it is that such vehicles are capable of higher speeds, compared to manually operated bikes. As the demand for higher speeds for short-distance traveling is increasing, so is the preference for e-bikes. People are ignoring the fact that sharing services on pedal-assisted bikes are cheaper than e-bikes, as the latter offer effortless driving, more convenience, and variable motor power, apart from higher speed.

Along with offering commuters cost efficiency, bike sharing also helps in tackling the problem of road congestion. With the increasing population, especially in cities, the number of vehicles on the roads is also going up. This is leading to the growing problem of urban congestion, which is prompting governments across the world to encourage the usage of bikes for first- and last-mile commute. As such vehicles take up significantly less space on roads and also require smaller parking slots, these help in controlling the traffic congestion.

Yet another factor tipping the scales in shared bikes’ favor is the convenience they offer to users. Commuters have to pay a small registration fee, followed by additional charges for every 30 minutes of travel. Additionally, bicycles are available 24 hours a day, making round-the-clock commute possible. Service providers have mobile applications, which provide important details, regarding the bikes, to users, along with instant booking facility. As there are no fixed parking spots (for dock-less services), people can keep the vehicles anywhere, after the end of their journey, which saves the time, otherwise spent in locating parking stations.

The bike sharing market growth in Europe is predicted to be the fastest across the globe, as a large number of service providers would venture into the region in the coming years. In regional countries, bikes are being rapidly made available near major transit hubs, such as railway stations, thereby offering users convenience and ease of travel. Additionally, the European Union (EU) also promotes such services, as they are environment-friendly and help reduce traffic.

Therefore, with an increasing number of people demanding cost-effective daily commuting options, the popularity of bike sharing services would continue increasing.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Anywheel Pte. Ltd.
  • CycleHop LLC (HOPR)
  • DiDi Chuxing (DiDi Bike)
  • G.bike
  • Motivate Inc. (Citi Bike)
  • Nextbike GmbH (nextbike)
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Region
1.3.3 Analysis Period
1.3.4 Market Data Reporting Unit
1.3.4.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition
4.1.1 By Type
4.1.1.1 Station-based
4.1.1.2 Dock-less
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Partnerships between mobility as a service (MaaS) providers and bike sharing companies
4.3.2 Drivers
4.3.2.1 Economical mobility option
4.3.2.2 Deployment of e-bikes
4.3.2.3 Urban road congestion
4.3.2.4 Greater convenience
4.3.2.5 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Vandalism, thefts, and improper parking
4.3.3.2 Regulatory hurdles
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Increasing integration of other modes of transport
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Intensity of Rivalry
4.4.4 Threat of New Entrants
4.4.5 Threat of Substitutes
4.5 Rides by Region

Chapter 5. User Analysis of Bike Sharing Service
5.1 By Age
5.2 By Gender
5.3 By Trip Distance
5.4 By Purpose
5.5 By Commuting Pattern

Chapter 6. Business Model
6.1 Infrastructure
6.2 Offerings
6.3 Customers
6.4 Finance

Chapter 7. Regulatory Landscape of Global Market
7.1 North America
7.1.1 U.S.
7.1.2 Canada
7.2 Europe
7.2.1 Germany
7.2.2 Italy
7.2.3 France
7.2.4 U.K.
7.3 APAC
7.3.1 China
7.3.2 India
7.3.3 Singapore

Chapter 8. Global Market Size and Forecast
8.1 By Type
8.2 By Region

Chapter 9. North America Market Size and Forecast
9.1 By Type
9.2 By Country
9.3 Market Share Analysis of Major Players

Chapter 10. Europe Market Size and Forecast
10.1 By Type
10.2 By Country
10.3 Market Share Analysis of Major Players

Chapter 11. APAC Market Size and Forecast
11.1 By Type
11.2 By Country
11.3 Market Share Analysis of Major Players in APAC

Chapter 12. LAMEA Market Size and Forecast
12.1 By Type
12.2 By Country
12.3 Market Share Analysis of Major Players

Chapter 13. Competitive Landscape of Global Bike Sharing Market
13.1 List of Key Players and Their Offerings
13.2 Market Share Analysis of Key Players
13.3 Competitive Benchmarking of Key Players
13.4 Recent Strategic Developments By Key Players
13.4.1 Service launches
13.4.2 Partnerships
13.4.3 Investments
13.4.4 Mergers and acquisitions
13.4.5 Other developments

Chapter 14. Company Profiles
14.1 Motivate Inc. (Citi Bike)
14.1.1 Company Overview
14.1.2 Company Snapshot
14.2 Bond Mobility Inc. (Smide)
14.2.1 Company Overview
14.2.2 Company Snapshot
14.3 Anywheel Pte. Ltd.
14.3.1 Company Overview
14.3.2 Company Snapshot
14.4 Yulu Bikes Pvt. Ltd.
14.4.1 Company Overview
14.4.2 Company Snapshot
14.5 SMOOVE SAS (Velib)
14.5.1 Company Overview
14.5.2 Company Snapshot
14.6 DiDi Chuxing (DiDi Bike)
14.6.1 Company Overview
14.6.2 Company Snapshot
14.7 CycleHop LLC (HOPR)
14.7.1 Company Overview
14.7.2 Company Snapshot
14.8 Donkey Republic ApS (Donkey Republic)
14.8.1 Company Overview
14.8.2 Company Snapshot
14.9 Beijing Mobike Technology Co. Ltd. (Meituan Bike)
14.9.1 Company Overview
14.9.2 Company Snapshot
14.10 Nextbike GmbH (nextbike)
14.10.1 Company Overview
14.10.2 Company Snapshot
14.11 Ofo Inc. (Ofo)
14.11.1 Company Overview
14.11.2 Company Snapshot
14.12 Wheels Labs Inc.
14.12.1 Company Overview
14.12.2 Company Snapshot
14.13 G.bike
14.13.1 Company Overview
14.13.2 Company Snapshot
14.14 Youon Technology Co. Ltd. (Hellobike)
14.14.1 Company Overview
14.14.2 Company Snapshot
14.15 Neutron Holdings Inc. (Lime)
14.15.1 Company Overview
14.15.2 Company Snapshot
14.16 Social Bicycles Inc. (JUMP)
14.16.1 Company Overview
14.16.2 Company Snapshot
14.17 Bycyshare Technologies Pvt. Ltd. (Mobycy)
14.17.1 Company Overview
14.17.2 Company Snapshot

Chapter 15. Appendix
15.1 Abbreviations
15.2 Sources and References
15.3 Related Reports

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 BIKE SHARING REGULATIONS IN THE U.S. (JULY 2018)
TABLE 5 E-BIKE REGULATIONS IN CANADA
TABLE 6 GLOBAL BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
TABLE 7 GLOBAL BIKE SHARING MARKET, BY REGION, $M (2017-2025)
TABLE 8 NORTH AMERICA BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
TABLE 9 NORTH AMERICA BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
TABLE 10 EUROPE BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
TABLE 11 EUROPE BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
TABLE 12 APAC BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
TABLE 13 APAC BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
TABLE 14 LAMEA BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
TABLE 15 LAMEA BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
TABLE 16 KEY PLAYERS AND THEIR OFFERINGS
TABLE 17 COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 18 SERVICE LAUNCHES BY MAJOR PLAYERS
TABLE 19 PARTNERSHIPS BY MAJOR PLAYERS
TABLE 20 INVESTMENTS RECEIVED BY MAJOR PLAYERS
TABLE 21 MERGERS AND ACQUISITIONS BY MAJOR PLAYERS
TABLE 22 OTHER DEVELOPMENTS BY MAJOR PLAYERS
TABLE 23 CITI BIKE (MOTIVATE INC.) - COMPANY SNAPSHOT
TABLE 24 BOND MOBILITY INC. (SMIDE) - COMPANY SNAPSHOT
TABLE 25 ANYWHEEL PTE. LTD. - COMPANY SNAPSHOT
TABLE 26 YULU BIKES PVT. LTD. - COMPANY SNAPSHOT
TABLE 27 SMOOVE SAS (VELIB) - COMPANY SNAPSHOT
TABLE 28 DIDI CHUXING (DIDI BIKE) - COMPANY SNAPSHOT
TABLE 29 CYCLEHOP LLC (HOPR) - COMPANY SNAPSHOT
TABLE 30 DONKEY REPUBLIC APS - COMPANY SNAPSHOT
TABLE 31 BEIJING MOBIKE TECHNOLOGY CO. LTD. (MEITUAN BIKE) - COMPANY SNAPSHOT
TABLE 32 NEXTBIKE GMBH - COMPANY SNAPSHOT
TABLE 33 OFO INC. - COMPANY SNAPSHOT
TABLE 34 WHEELS LABS INC. - COMPANY SNAPSHOT
TABLE 35 G.BIKE - COMPANY SNAPSHOT
TABLE 36 YOUON TECHNOLOGY CO. LTD. (HELLOBIKE) - COMPANY SNAPSHOT
TABLE 37 NEUTRON HOLDINGS INC. (LIME) - COMPANY SNAPSHOT
TABLE 38 SOCIAL BICYCLES INC. (JUMP) - COMPANY SNAPSHOT
TABLE 39 BYCYSHARE TECHNOLOGIES PVT. LTD. (MOBYCY) - COMPANY SNAPSHOT

List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 GLOBAL BIKE SHARING MARKET SUMMARY
FIG 8 VALUE CHAIN ANALYSIS OF BIKE SHARING MARKET
FIG 9 BARGAINING POWER OF BUYERS
FIG 10 BARGAINING POWER OF SUPPLIERS
FIG 11 INTENSITY OF RIVALRY
FIG 12 THREAT OF NEW ENTRANTS
FIG 13 THREAT OF SUBSTITUTES
FIG 14 RIDES, BY REGION, IN MILLIONS (2017-2025)
FIG 15 BREAKDOWN OF THE RESPONDENTS, BY REGION
FIG 16 BREAKDOWN OF BIKE SHARING SERVICE USERS, BY AGE
FIG 17 BREAKDOWN OF BIKE SHARING SERVICE USERS, BY GENDER
FIG 18 BREAKDOWN OF BIKE SHARING SERVICE USERS, BY TRIP DISTANCE
FIG 19 BREAKDOWN OF BIKE SHARING SERVICE USERS, BY PURPOSE
FIG 20 BREAKDOWN OF BIKE SHARING SERVICE USERS, BY COMMUTING PATTERN
FIG 21 BIKE SHARING BUSINESS MODEL CANVAS
FIG 22 GLOBAL BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
FIG 23 GLOBAL BIKE SHARING MARKET, BY REGION, $M (2017-2025)
FIG 24 NORTH AMERICA BIKE SHARING MARKET SNAPSHOT
FIG 25 NORTH AMERICA BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
FIG 26 NORTH AMERICA BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
FIG 27 NORTH AMERICA BIKE SHARING MARKET SHARE OF KEY PLAYERS (2018)
FIG 28 EUROPE BIKE SHARING MARKET SNAPSHOT
FIG 29 EUROPE BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
FIG 30 EUROPE BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
FIG 31 EUROPE BIKE SHARING MARKET SHARE OF KEY PLAYERS (2018)
FIG 32 APAC BIKE SHARING MARKET SNAPSHOT
FIG 33 APAC BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
FIG 34 APAC BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
FIG 35 APAC BIKE SHARING MARKET SHARE OF KEY PLAYERS (2018)
FIG 36 LAMEA BIKE SHARING MARKET SNAPSHOT
FIG 37 LAMEA BIKE SHARING MARKET, BY TYPE, $M (2017-2025)
FIG 38 LAMEA BIKE SHARING MARKET, BY COUNTRY, $M (2017-2025)
FIG 39 LAMEA BIKE SHARING MARKET SHARE OF KEY PLAYERS (2018)
FIG 40 GLOBAL BIKE SHARING MARKET SHARE OF KEY PLAYERS (2018)
Note: Product cover images may vary from those shown
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  • Motivate Inc. (Citi Bike)
  • Bond Mobility Inc. (Smide)
  • Anywheel Pte. Ltd.
  • Yulu Bikes Pvt. Ltd.
  • SMOOVE SAS (Velib)
  • DiDi Chuxing (DiDi Bike)
  • CycleHop LLC (HOPR)
  • Donkey Republic ApS (Donkey Republic)
  • Beijing Mobike Technology Co. Ltd. (Meituan Bike)
  • Nextbike GmbH (nextbike)
  • Ofo Inc. (Ofo)
  • Wheels Labs Inc.
  • G.bike
  • Youon Technology Co. Ltd. (Hellobike)
  • Neutron Holdings Inc. (Lime)
  • Social Bicycles Inc. (JUMP)
  • Bycyshare Technologies Pvt. Ltd. (Mobycy)
Note: Product cover images may vary from those shown
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