PUBLISHER: IMARC | PRODUCT CODE: 1291372
PUBLISHER: IMARC | PRODUCT CODE: 1291372
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.
Bike sharing is a shared transportation service enabling individuals to rent or borrow conventional or electric bikes for a short-term basis. It is environment friendly and consequently allows the rider to travel without fuel consumption, thereby assisting in reducing carbon dioxide (CO2) emissions. It reduces road congestion, increases financial savings, and offers health benefits like preventing depression and anxiety and improving the overall fitness of an individual.
Bike Sharing Market Trends:
At present, there is a rise in the utilization of bike-sharing services in urban areas due to increasing traffic congestion and inflating fuel prices across the globe. This, along with the growing awareness about the benefits of environment-friendly transport solutions, such as bicycles and electric bikes, represents one of the key factors driving the market. Moreover, governments of several countries are offering subsidies to service providers for developing stations and expanding their reach. They are also focusing on the development of enhanced bike-sharing infrastructures, which is propelling the growth of the market. In addition, the increasing employment of e-bikes around the world on account of their fast and reliable operations is offering lucrative growth opportunities to end-users and investors. Besides this, there is an increase in the application of global positioning system (GPS) tracking, prepaid payment options, and the internet of things (IoT) in bikes. In line with this, the escalating demand for dockless bike-sharing systems worldwide as it saves time for parking bikes is bolstering the market growth. Additionally, key market players are extensively investing in research and development (R&D) activities to enhance the battery performance and efficiency of bikes, which is projected to positively influence the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bike sharing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on bike type, sharing system and application.
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
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
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 Montreal, CycleHop LLC, Donkeyrepublic Admin Aps, JCDecaux Group, Lime, Lyft Inc., Nextbike GmbH (TIER Mobility AG), SG Bike Pte. Ltd. (ISOTeam Ltd.), Smoove and Uber Technologies Inc.
Key Questions Answered in This Report
1. What was the size of the global bike sharing market in 2022?
2. What is the expected growth rate of the global bike sharing market during 2023-2028?
3. What has been the impact of COVID-19 on the global bike sharing market?
4. What are the key factors driving the global bike sharing market?
5. What is the breakup of the global bike sharing market based on the bike type?
6. What is the breakup of the global bike sharing market based on the sharing system?
7. What is the breakup of the global bike sharing market based on application?
8. What are the key regions in the global bike sharing market?
9. Who are the key players/companies in the global bike sharing market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Bike Sharing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Bike Type
- 6.1 Traditional and Convectional
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 E-Bikes
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Sharing System
- 7.1 Docked
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Dock-Less
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Short Term
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Long Term
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Beijing Xiaoju Technology Co. Ltd.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Bird Rides Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 BIXI Montreal
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 CycleHop LLC
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Donkeyrepublic Admin Aps
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 JCDecaux Group
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Lime
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Lyft Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Nextbike GmbH (TIER Mobility AG)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 SG Bike Pte. Ltd. (ISOTeam Ltd.)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Smoove
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Uber Technologies Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Beijing Xiaoju Technology Co. Ltd.
List of Figures
- Figure 1: Global: Bike Sharing Market: Major Drivers and Challenges
- Figure 2: Global: Bike Sharing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Bike Sharing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Bike Sharing Market: Breakup by Bike Type (in %), 2022
- Figure 5: Global: Bike Sharing Market: Breakup by Sharing System (in %), 2022
- Figure 6: Global: Bike Sharing Market: Breakup by Application (in %), 2022
- Figure 7: Global: Bike Sharing Market: Breakup by Region (in %), 2022
- Figure 8: Global: Bike Sharing (Traditional and Convectional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Bike Sharing (Traditional and Convectional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Bike Sharing (E-Bikes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Bike Sharing (E-Bikes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Bike Sharing (Docked) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Bike Sharing (Docked) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Bike Sharing (Dock-Less) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Bike Sharing (Dock-Less) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Bike Sharing (Short Term) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Bike Sharing (Short Term) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Bike Sharing (Long Term) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Bike Sharing (Long Term) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: North America: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: North America: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: United States: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: United States: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Canada: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Canada: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Asia-Pacific: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Asia-Pacific: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: China: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: China: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Japan: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Japan: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: India: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: India: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: South Korea: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: South Korea: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Australia: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Australia: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Indonesia: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Indonesia: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Others: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Others: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Europe: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Europe: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Germany: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Germany: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: France: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: France: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: United Kingdom: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: United Kingdom: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Italy: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Italy: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Spain: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Spain: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Russia: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Russia: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Others: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Others: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Latin America: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Latin America: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Brazil: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Brazil: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Mexico: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Mexico: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Middle East and Africa: Bike Sharing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Middle East and Africa: Bike Sharing Market: Breakup by Country (in %), 2022
- Figure 68: Middle East and Africa: Bike Sharing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Global: Bike Sharing Industry: SWOT Analysis
- Figure 70: Global: Bike Sharing Industry: Value Chain Analysis
- Figure 71: Global: Bike Sharing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Bike Sharing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Bike Sharing Market Forecast: Breakup by Bike Type (in Million US$), 2023-2028
- Table 3: Global: Bike Sharing Market Forecast: Breakup by Sharing System (in Million US$), 2023-2028
- Table 4: Global: Bike Sharing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Bike Sharing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Bike Sharing Market: Competitive Structure
- Table 7: Global: Bike Sharing Market: Key Players
