Bike and Scooter Rental Market conditions, including the product price, profit, capacity, supply, production market growth rate and forecast etc. the chief active factors boosting or obstructing the market growth, application of the product or services in different fields, major market holders, regional analysis, and the market’s financial condition by taking into consideration various factors such supply chain, demand, size, manufacture analysis, forecast trends, share, production, sales, growth of Bike and Scooter Rental Market. Few of the major competitors currently working in the global bike and scooter rental market are CITYSCOOT; Lime; JUMP by Uber; Bird Rides, Inc.; ofo Inc.; COUP Mobility GmbH; nextbike GmbH; Lyft, Inc.; MOTOCRUIZER TECHNOLOGIES INDIA PVT.LTD.; Mobike; Spin; eCooltra; Bolt Bikes; Yulu Bikes Pvt Ltd; Mobycy; Vogo rentals; YUGO Urban Mobility SL; VOI Technology AB; emmy-sharing; Spinlister among others.
Global bike and scooter rental market is expected to rise to an estimated value of USD 7.06 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026.
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Bike and scooter rental is a modern vehicle hiring service involving availing micro-modes of mobility such as bikes, scooters, cycle and others on rent for a particular time period or distance. Users can identify the docks closest to them where they can rent out the vehicles and select the dock closest to their destination and submit their vehicles at that particular location. The service providers of this service are providing their services over mobile apps as well enhancing the ease for consumers.
Market Drivers:
Increasing preferences of micro-mobility services as a mode of transportation due to their cost-effectiveness will drive this market growth
Focus on development and availability of sustainable modes of transportation is having a positive impact on the growth of this market
Various marketing campaigns and promotional offers provided by various market players of this services is enhancing the rate of adoption; this factor will also boost the growth of the market
Focus of authorities on reduction of traffic congestion resulting in various promotions and benefitting programs for the adoption of this service will propel the market growth
Market Restraints:
Lack of infrastructure availability required for the successful operations of this service; this factor is expected to hinder the growth of the market
Higher expenditure incurred on marketing and promotions of these services in comparison to the revenues generated by the major market players is reducing the sustainability of smaller players; this factor is expected to act as a restraint to the growth of the market
Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Bike and Scooter Rental Market Competitions, by Manufacturer
4 Global Bike and Scooter Rental Market Analyses by Regions
5 North America Bike and Scooter Rental by Countries
6 Europe Bike and Scooter Rental by Countries
7 Asia-Pacific Bike and Scooter Rental by Countries
8 South America Bike and Scooter Rental by Countries
9 Middle East and Africa Bike and Scooter Rental by Countries
10 Global Bike and Scooter Rental Market Segment by Type
11 Global Bike and Scooter Rental Market Segment by Application
12 Sales Channel, Distributors, Traders and Dealers
13 Research Findings and Conclusion
14 Appendixes
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Market Segment by Regions, regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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