Bike Sharing Global Market Report 2025

Bike sharing, also referred to as bicycle sharing, is a system enabling individuals to rent bicycles for short-term use. This approach offers an accessible and convenient transportation solution, fostering sustainable mobility, alleviating congestion, and contributing to the creation of healthier and more active communities.

The primary bike types within bike sharing encompass e-bikes and conventional bikes. E-bikes, featuring an electric motor to assist the rider's pedaling effort, are integrated into bike sharing fleets to enhance and streamline the riding experience for users. These bikes are utilized in both docked and dockless sharing formats for varying durations, including short-term and long-term periods, across free-floating, peer-to-peer (P2P), and station-based model types.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a considerable impact on the transport services sector by increasing the costs of vehicles, spare parts, and fuel-critical inputs frequently imported from tariff-affected regions. Freight operators, logistics companies, and public transportation providers are experiencing margin pressures as elevated equipment and maintenance expenses coincide with limited flexibility to pass these costs on to customers due to intense market competition. This climate of uncertainty has also led to delays in fleet upgrades and the adoption of greener, more energy-efficient vehicles, hindering progress toward sustainability objectives. In response, transport firms are enhancing route optimization, investing in fuel-efficient technologies, renegotiating supplier agreements, and adopting collaborative logistics strategies to share resources and cushion the financial impact of rising tariffs.

The bike sharing research report is one of a series of new reports from The Business Research Company that provides bike sharing market statistics, including the bike sharing industry's global market size, regional shares, competitors with a bike sharing market share, detailed bike sharing market segments, market trends and opportunities, and any further data you may need to thrive in the bike sharing industry. This bike sharing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The bike sharing market size has grown strongly in recent years. It will grow from $4.02 billion in 2024 to $4.24 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to urbanization and population density, environmental awareness, government initiatives and policies, infrastructure development, and health and wellness trends.

The bike sharing market size is expected to see strong growth in the next few years. It will grow to $5.56 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to electric bike integration, micro-mobility solutions, data analytics for optimization, smart city integration, subscription models, and loyalty programs. Major trends in the forecast period include technology advancements, collaboration with public transport, autonomous bike technologies, customization and personalization, and climate-responsive infrastructure.

The forecast of 7.0% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. Tariffs on fleet-grade e-bikes and docking stations may disrupt procurement and maintenance cycles, limiting operational scalability of bike-sharing programs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The anticipated increase in demand for e-bikes is set to drive the growth of the bike-sharing market in the future. Electric bikes, equipped with integrated electric motor and battery systems, significantly contribute to bike-sharing programs by enhancing system accessibility, improving climbing capabilities, and elevating the overall user experience. As an illustration, in August 2022, data from the Bureau of Transportation Statistics (BTS), a U.S. federal agency, revealed an increase in the number of available e-scooter systems to 300 in 2022, up from 281 in 2021. Furthermore, the count of cities with e-scooter systems rose to 158 in 2022, compared to 136 in 2021. Hence, the surge in e-bike demand is a driving force behind the expected growth of the bike-sharing market.

The expected rise in fuel prices is poised to contribute to the growth of the bike-sharing market in the future. Fuel prices, encompassing various types such as gasoline and diesel, denote the expenses consumers incur to fill their vehicles or equipment. The escalating fuel prices are fostering increased interest in bike sharing as a practical and cost-effective alternative for short-distance commuting, aligning with sustainability goals. For instance, as of January 2023, the Bureau of Labor Statistics, a U.S.-based government agency, reported a 19.4 percent increase in fuel prices from December 2021 to December 2022. Additionally, in September 2022, the Office for National Statistics, a UK-based government department, disclosed a 48% rise in automotive fuel prices in 2022 compared to 2021. Consequently, the upward trend in fuel prices is a catalyst for the growth of the bike-sharing market.

Technological advancements are a significant trend gaining traction in the bike-sharing market. Major companies in this sector are implementing new technologies to maintain their competitive edge. For example, in September 2022, Vancouver's public bike share system launched Mobi by Shaw Go. This initiative added 50 new stations, including 30 specifically for e-bikes, increasing the total fleet to 2,500 bikes and 250 stations across the city. Mobi by Shaw Go provides both standard and e-bikes through flexible membership options or pay-per-use plans, with stations strategically located to enhance public transit and key urban areas. The e-bikes feature three levels of pedal assistance, improving accessibility, particularly on Vancouver's hilly terrain. Mobi promotes sustainable transportation by offering an eco-friendly alternative to driving, aligning with the city's climate goals.

Major companies in the bike-sharing market are concentrating on introducing advanced solutions, including electric bicycle variants, to gain a competitive advantage. Electric bicycle variants encompass various types and styles of electric bikes designed for recreational riding on flat terrain, such as bike paths and paved roads. For example, in March 2023, MYBYK, an Indian-based company providing bicycle sharing and rental services, launched MYBYK Electric and MYBYK Electric Cargo. MYBYK Electric is equipped with Bluetooth, keyless cycle unlocking, and keyless battery unlocking. On the other hand, MYBYK Electric Cargo is tailored for last-mile delivery for gig workers, featuring a swappable battery with a capacity of 0.54 kWh (kilowatt-hour) and a range of 80-100 kilometers.

In May 2022, Lyft Inc., a U.S.-based transportation network company, completed the acquisition of PBSC Urban Solutions for $160 million. This strategic move by Lyft Inc. aims to bolster its research and development initiatives, enhance supply chain leverage, and diversify its market position to capitalize on the growing demand for innovative mobility solutions. PBSC Urban Solutions, headquartered in Canada, specializes in providing bike-sharing systems and solutions.

Major companies operating in the bike sharing market include Uber Technologies Inc., Deutsche Bahn AG, Meituan Inc., DiDi Bike, Lyft Inc., JCDecaux Group, Hello Inc., Neutron Holdings Inc., TIER Mobility SE, Bird Rides Inc., Youon Technology Co. Ltd., Tembici, Yulu Bikes Pvt. Ltd., CycleHop LLC, Bond Mobility AG, Blue Bikes, Nextbike GmbH, BIXI Montreal, Swiftmile Inc., Zagster, Donkey Republic, PBSC Urban Solutions, Urbo Solutions, Divvy Bikes, SG Bike Pte Ltd, Anywheel Pte Ltd., Beijing Xiaoju Technology Co. Ltd., Santander Cycles

Asia-Pacific was the largest region in the bike sharing market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the bike sharing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the bike sharing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The bike sharing market consists of revenues earned by entities by providing smart bike sharing, and community bike sharing. The market value includes the value of related goods sold by the service provider or included within the service offering. The bike sharing market also includes sales of bicycles, payment systems, and docking Stations. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Bike Sharing Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on bike sharing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for bike sharing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The bike sharing market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Bike Type: E-Bike; Conventional Bikes
• 2) By Sharing: Docked; Dock Less
• 3) By Duration: Short Term; Long Term
• 4) By Model Type: Free-Floating; Peer-To-Peer (P2P); Station Based
• Subsegments:
• 1) By E-Bike: Pedal-Assist E-Bikes; Throttle-Controlled E-Bikes; Cargo E-Bikes
• 2) By Conventional Bikes: Standard Bikes (Single-Speed); Multi-Speed Bikes; Folding Bikes
• Companies Mentioned: Uber Technologies Inc.; Deutsche Bahn AG; Meituan Inc.; DiDi Bike; Lyft Inc.; JCDecaux Group; Hello Inc.; Neutron Holdings Inc.; TIER Mobility SE; Bird Rides Inc.; Youon Technology Co. Ltd.; Tembici; Yulu Bikes Pvt. Ltd.; CycleHop LLC; Bond Mobility AG; Blue Bikes; Nextbike GmbH; BIXI Montreal; Swiftmile Inc.; Zagster; Donkey Republic; PBSC Urban Solutions; Urbo Solutions; Divvy Bikes; SG Bike Pte Ltd; Anywheel Pte Ltd.; Beijing Xiaoju Technology Co. Ltd.; Santander Cycles
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.