The Worldwide Bike Rental Business is Estimated to Attain $11.3 Billion by 2031 at a 18.5% CAGR

DUBLIN, Jan. 21, 2023 /PRNewswire/ — Analysis and Markets

The “Bike Rental Market By Service Sort, By Propulsion, By Operational Mannequin, By Distance Travelled: World Alternative Evaluation and Business Forecast, 2021-2031” report has been added to  ResearchAndMarkets.com’s providing.

In line with this report the bike rental market was valued at $2.1 billion in 2021, and is estimated to succeed in $11.3 billion by 2031, rising at a CAGR of 18.5% from 2022 to 2031.

The report incorporates the research of the worldwide bike rental market that focuses on the bike rental service for brief to medium distance commuting for a value or free. It’s obtainable at on-street docked or dock-less stations, permitting commuters to borrow a motorbike and return it at one other station.

The bike rental corporations provide the bikes/scooters as per the shopper’s requirement primarily based on the hourly, each day, weekly, and month-to-month renting length, together with extra services like panniers, helmets, using gears, and plenty of extra.

As an illustration, in October 2020, Lime partnered with Hilton, a number one lodge in London, to assist company to see London safely. It supplied lodge company new to Lime the primary quarter-hour of a JUMP experience free in any respect collaborating Hilton accommodations, which was sufficient time to get to close by sights.

Additionally, commonly sanitized helmets had been made obtainable on the reception desk of every lodge. Furthermore, bike rental providers have additionally been cited to resolve the final mile drawback of public transit networks. These providers are an modern resolution to the city mobility challenges and successfully promote city extra sustainable and environmentally pleasant mobility.

The elements similar to rise in enterprise capital and strategic investments, rising inclusion e-bikes within the rental fleet, and rise in demand for short-term rental providers complement the expansion of the bike rental market. Nonetheless, excessive preliminary funding value and rise in bike vandalism & theft are the elements anticipated to hamper the expansion of the bike rental market. As well as, technological development in bike rental system and rising authorities initiatives for the event of rental-bike infrastructure creates market alternatives for the important thing gamers working within the bike rental market.

For the aim of study, the worldwide bike rental market is segmented on the premise of service sort, propulsion, operational mannequin, distance travelled and area. By service sort, the market is split into pay as you go and subscription primarily based. By propulsion, it’s fragmented into pedal and electrical. By operational mannequin, it’s categorized into dockless and station primarily based. By distance travelled, it’s additional categorised into quick journey (lower than 5 km), medium journey (5 km to fifteen km), and lengthy journey (greater than 15 km). By area, it’s analyzed throughout North America, Europe, Asia-Pacific, and LAMEA.

The main gamers working within the bike rental market are Hen Rides, Inc., Bolt Expertise OU, Bounce, Cityscoot, Cooltra, Drivezy, Inc., Lime, Lyft, Inc., Nextbike GmbH, ONN Bikes, SG Bike Pte Ltd, Spin, Tembici, Uber Applied sciences Inc., Vogo Automotive Pvt. Ltd., VOI Expertise, and Yulu Bikes Pvt Ltd.

Key Advantages

  • This research presents analytical depiction of the worldwide bike rental market evaluation together with present developments and future estimations to depict imminent funding pockets.
  • The general bike rental market alternative is decided by understanding worthwhile developments to realize a stronger foothold.
  • The report presents info associated to the important thing drivers, restraints, and alternatives of the worldwide bike rental market with an in depth influence evaluation.
  • The present bike rental market is quantitatively analyzed from 2022 to 2031 to benchmark the monetary competency.
  • Porter’s 5 forces evaluation illustrates the efficiency of the patrons and suppliers within the business.

Key Subjects Coated:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.High funding pockets
3.3.Porter’s 5 forces evaluation
3.4.High participant positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Alternatives
3.6.COVID-19 Affect Evaluation in the marketplace
CHAPTER 4: BIKE RENTAL MARKET, BY SERVICE TYPE
4.1 Overview
4.1.1 Market measurement and forecast
4.2 Pay as you go
4.2.1 Key market developments, development elements and alternatives
4.2.2 Market measurement and forecast, by area
4.2.3 Market evaluation by nation
4.3 Subscription Based mostly
4.3.1 Key market developments, development elements and alternatives
4.3.2 Market measurement and forecast, by area
4.3.3 Market evaluation by nation
CHAPTER 5: BIKE RENTAL MARKET, BY PROPULSION
5.1 Overview
5.1.1 Market measurement and forecast
5.2 Pedal
5.2.1 Key market developments, development elements and alternatives
5.2.2 Market measurement and forecast, by area
5.2.3 Market evaluation by nation
5.3 Electrical
5.3.1 Key market developments, development elements and alternatives
5.3.2 Market measurement and forecast, by area
5.3.3 Market evaluation by nation
CHAPTER 6: BIKE RENTAL MARKET, BY OPERATIONAL MODEL
6.1 Overview
6.1.1 Market measurement and forecast
6.2 Dockless
6.2.1 Key market developments, development elements and alternatives
6.2.2 Market measurement and forecast, by area
6.2.3 Market evaluation by nation
6.3 Station-Based mostly
6.3.1 Key market developments, development elements and alternatives
6.3.2 Market measurement and forecast, by area
6.3.3 Market evaluation by nation
CHAPTER 7: BIKE RENTAL MARKET, BY DISTANCE TRAVELLED
7.1 Overview
7.1.1 Market measurement and forecast
7.2 Brief Journey (Much less Than 5 km)
7.2.1 Key market developments, development elements and alternatives
7.2.2 Market measurement and forecast, by area
7.2.3 Market evaluation by nation
7.3 Medium Journey (5 km to fifteen km)
7.3.1 Key market developments, development elements and alternatives
7.3.2 Market measurement and forecast, by area
7.3.3 Market evaluation by nation
7.4 Lengthy Journey (Extra Than 15 km)
7.4.1 Key market developments, development elements and alternatives
7.4.2 Market measurement and forecast, by area
7.4.3 Market evaluation by nation
CHAPTER 8: BIKE RENTAL MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. High profitable methods
9.3. Product Mapping of High 10 Participant
9.4. Aggressive Dashboard
9.5. Aggressive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Hen World Inc
10.1.1 Firm overview
10.1.2 Firm snapshot
10.1.3 Working enterprise segments
10.1.4 Product portfolio
10.1.5 Enterprise efficiency
10.1.6 Key strategic strikes and developments
10.2 Bolt
10.2.1 Firm overview
10.2.2 Firm snapshot
10.2.3 Working enterprise segments
10.2.4 Product portfolio
10.2.5 Enterprise efficiency
10.2.6 Key strategic strikes and developments
10.3 Bounce
10.3.1 Firm overview
10.3.2 Firm snapshot
10.3.3 Working enterprise segments
10.3.4 Product portfolio
10.3.5 Enterprise efficiency
10.3.6 Key strategic strikes and developments
10.4 Cityscoot
10.4.1 Firm overview
10.4.2 Firm snapshot
10.4.3 Working enterprise segments
10.4.4 Product portfolio
10.4.5 Enterprise efficiency
10.4.6 Key strategic strikes and developments
10.5 Cooltra
10.5.1 Firm overview
10.5.2 Firm snapshot
10.5.3 Working enterprise segments
10.5.4 Product portfolio
10.5.5 Enterprise efficiency
10.5.6 Key strategic strikes and developments
10.6 Drivezy, Inc.
10.6.1 Firm overview
10.6.2 Firm snapshot
10.6.3 Working enterprise segments
10.6.4 Product portfolio
10.6.5 Enterprise efficiency
10.6.6 Key strategic strikes and developments
10.7 Lime
10.7.1 Firm overview
10.7.2 Firm snapshot
10.7.3 Working enterprise segments
10.7.4 Product portfolio
10.7.5 Enterprise efficiency
10.7.6 Key strategic strikes and developments
10.8 Lyft, Inc.
10.8.1 Firm overview
10.8.2 Firm snapshot
10.8.3 Working enterprise segments
10.8.4 Product portfolio
10.8.5 Enterprise efficiency
10.8.6 Key strategic strikes and developments
10.9 Nextbike GmbH
10.9.1 Firm overview
10.9.2 Firm snapshot
10.9.3 Working enterprise segments
10.9.4 Product portfolio
10.9.5 Enterprise efficiency
10.9.6 Key strategic strikes and developments
10.10 ONN Bikes
10.10.1 Firm overview
10.10.2 Firm snapshot
10.10.3 Working enterprise segments
10.10.4 Product portfolio
10.10.5 Enterprise efficiency
10.10.6 Key strategic strikes and developments
10.11 SG Bike Pte Ltd
10.11.1 Firm overview
10.11.2 Firm snapshot
10.11.3 Working enterprise segments
10.11.4 Product portfolio
10.11.5 Enterprise efficiency
10.11.6 Key strategic strikes and developments
10.12 Spin
10.12.1 Firm overview
10.12.2 Firm snapshot
10.12.3 Working enterprise segments
10.12.4 Product portfolio
10.12.5 Enterprise efficiency
10.12.6 Key strategic strikes and developments
10.13 Tembici
10.13.1 Firm overview
10.13.2 Firm snapshot
10.13.3 Working enterprise segments
10.13.4 Product portfolio
10.13.5 Enterprise efficiency
10.13.6 Key strategic strikes and developments
10.14 Uber Applied sciences Inc.
10.14.1 Firm overview
10.14.2 Firm snapshot
10.14.3 Working enterprise segments
10.14.4 Product portfolio
10.14.5 Enterprise efficiency
10.14.6 Key strategic strikes and developments
10.15 Vogo Automotive Pvt. Ltd.
10.15.1 Firm overview
10.15.2 Firm snapshot
10.15.3 Working enterprise segments
10.15.4 Product portfolio
10.15.5 Enterprise efficiency
10.15.6 Key strategic strikes and developments
10.16 VOI Expertise
10.16.1 Firm overview
10.16.2 Firm snapshot
10.16.3 Working enterprise segments
10.16.4 Product portfolio
10.16.5 Enterprise efficiency
10.16.6 Key strategic strikes and developments
10.17 Yulu Bikes Pvt Ltd
10.17.1 Firm overview
10.17.2 Firm snapshot
10.17.3 Working enterprise segments
10.17.4 Product portfolio
10.17.5 Enterprise efficiency
10.17.6 Key strategic strikes and developments

For extra details about this report go to https://www.researchandmarkets.com/r/c27var

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