Bike and Scooter Rental Trends and Forecast
The future of the global bike and scooter rental market looks promising with opportunities in the bike and scooter markets. The global bike and scooter rental market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are growing need for affordable transportation options, acceptance of electrically powered vehicles, and increasing demand for micro mobility and emission-free vehicles.Bike and Scooter Rental by Segment
The study includes a forecast for the global bike and scooter rental by operational mode, service type, propulsion, vehicle type, and region.Bike and Scooter Rental Market by Operational Mode [Shipment Analysis by Value from 2018 to 2030]
- Dockless
- Station-Based
Bike and Scooter Rental Market by Service Type [Shipment Analysis by Value from 2018 to 2030]
- Pay As You Go
- Subscription-Based
Bike and Scooter Rental Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]
- Pedal
- Electric
- Gasoline
Bike and Scooter Rental Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]
- Bike
- Scooter
- Others
Bike and Scooter Rental Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Bike and Scooter Rental Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bike and scooter rental companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bike and scooter rental companies profiled in this report include-- Lime
- Jump
- Bird
- Grow Mobility
- nextbike
- Cityscoot
- COUP
Bike and Scooter Rental Market Insights
The publisher forecasts that dockless is expected to witness the higher growth over the forecast period due to the increased geographic reach, user freedom in picking up and dropping off bikes, and reduced hardware requirements for inventory security and management.APAC is expected to witness highest growth over the forecast period due to knowledge of the advantages of renting a car and growing pollution in traffic owing to the growing number of cars.
Features of the Global Bike and Scooter Rental Market
- Market Size Estimates: Bike and scooter rental market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Bike and scooter rental market size by various segments, such as operational mode, service type, propulsion, vehicle type, and region in terms of value ($B).
- Regional Analysis: Bike and scooter rental market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different operational mode, service type, propulsion, vehicle type, and regions for the bike and scooter rental market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bike and scooter rental market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bike and scooter rental market size?Answer: The global bike and scooter rental market is expected to reach an estimated $6.8 billion by 2030.
Q2. What is the growth forecast for bike and scooter rental market?
Answer: The global bike and scooter rental market is expected to grow with a CAGR of 15.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bike and scooter rental market?
Answer: The major drivers for this market are growing need for affordable transportation options, acceptance of electrically powered vehicles, and increasing demand for micro mobility and emission-free vehicles.
Q4. What are the major segments for bike and scooter rental market?
Answer: The future of the global bike and scooter rental market looks promising with opportunities in the bike and scooter markets.
Q5. Who are the key bike and scooter rental market companies?
Answer: Some of the key bike and scooter rental companies are as follows:
- Lime
- Jump
- Bird
- Grow Mobility
- nextbike
- Cityscoot
- COUP
Answer: The publisher forecasts that dockless is expected to witness the higher growth over the forecast period due to the increased geographic reach, user freedom in picking up and dropping off bikes, and reduced hardware requirements for inventory security and management.
Q7. In bike and scooter rental market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to knowledge of the advantages of renting a car and growing pollution in traffic owing to the growing number of cars.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bike and scooter rental market by operational mode (dockless and station-based), service type (pay as you go and subscription-based), propulsion (pedal, electric, and gasoline), vehicle type (bike, scooter, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Bike and Scooter Rental Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lime
- Jump
- Bird
- Grow Mobility
- nextbike
- Cityscoot
- COUP
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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