Global Bike and Scooter Rental Market, By Operational Model (Dockless, Station-Based), Propulsion (Gasoline, Electric, Pedal), Service (Pay as You Go, Subscription-Based), Vehicle Type (Bike, Scooter, Others), Application (Short Trip, Long-Distance, Long-Distance Travel), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Global bike and scooter rental market is expected to rise to an estimated value of USD 8.30 billion by 2027 and witnessing market growth at a rate of 17.5% in the forecast period of 2020 to 2027. Data Bridge Market Research report on bike and scooter rental market provides analysis and insights regarding the leading current market analysis scenario, upcoming as well as future opportunities and competitors.
Bike and scooter rental means renting or hiring a bike, cycle, or scooter on rent for a time limit. User pays on an hourly basis for renting a mobility vehicle, the payment can be made in advance just before using the vehicle or the payment can be made on a subscription basis. Users can find the nearest parking stand to pick up a vehicle and can drop the vehicle to the parking stand nearest to his destination. The user can use these rental services through the mobile application.
The demand for pocket-friendly means of transportation is rising.
Also, users are opting for rental services of the vehicle is more due to no worries for maintenance and the convenience of picking up and dropping the vehicle from and on the nearest dock. Due to rising traffic congestion and strict emission norms, the demand for micro-mobility and emission-free vehicles is increasing. However, there is a lack of infrastructure development for micro-mobility service.
This bike and scooter rental market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research bike and scooter rental market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bike and Scooter Rental Market Scope and Market Size
Bike and scooter rental market is segmented on the operational model, propulsion, service, vehicle type, application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Global bike and scooter rental market, on the basis of operational model has been segmented into dockless, station-based
- Based on propulsion, global bike and scooter rental market has been segmented into gasoline, electric, pedal
- Based on service, global bike and scooter rental market has been segmented into pay as you go, subscription-based
- On the basis of vehicle type, global bike and scooter rental market has been segmented into bike, scooter, others
- On the basis of application, global bike and scooter rental market has been segmented into short trip, long-distance, long-distance travel
Global Bike and Scooter Rental Market Country Level Analysis
Bike and scooter rental market is analysed and market size, volume information is provided by country, operational model, propulsion, service, vehicle type and application as referenced above.
The countries covered in the global bike and scooter rental market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is likely to grow with highest CAGR in global bike and scooter rental market in the forecast period for bike and scooter rental market. It is estimated that by 2027 Asia-Pacific would be the largest market for this service market. It is because Asia-Pacific is the largest market for automotive industry and many developing countries such as China and India are adopting these services rapidly. Also, the Asian countries are now more aware towards the rising pollution and traffic congestion due to increasing number of vehicles.
The country section of the global bike and scooter rental market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Bike and Scooter Rental Market Share Analysis
Bike and scooter rental market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bike and scooter rental market.
The major players covered in the bike and scooter rental market report are CITYSCOOT, Lime, JUMP by Uber, Bird Rides, Inc., ofo Inc., COUP Mobility GmbH, Mobycy, Vogo rentals, nextbike GmbH, Lyft, Inc., MOTOCRUIZER TECHNOLOGIES INDIA PVT.LTD., Mobike, Spin, eCooltra, Bolt Bikes, Yulu Bikes Pvt Ltd, YEGO Urban Mobility SL, Spinlister , Zoomo, VOI Technology AB, emmy-sharing among some global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Bike and Scooter Rental Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.