MARKET INTRODUCTION
The rising demand for micro mobility and pollution-free mode of transportation is driving the demand for bike and scooter rental services worldwide. The increasing traffic congestion, need for economical commute options, strict government emission regulations are some of the other factors that are expected to boost the demand further during the forecast period of 2019 to 2027. Due to the growing concern regarding environmental protection, the governments of various countries are supporting the development of electric vehicles worldwide. Hence, the rising government initiatives to boost the adoption of environment friendly vehicles and electric vehicles are anticipated to drive the growth of global bike and scooter rental market.
MARKET DYNAMICS
The bike and scooter rental market is anticipated to grow in the forecast period owing to the rising traffic congestion in cities and increasing demand for budget friendly as well as sustainable mode of transportation. However, lack of infrastructure to support micromobility could affect the growth of the market during the forecast period of 2019 to 2027. On the other hand, the increasing popularity of electric vehicles and other environmental friendly modes of transportation are anticipated to offer ample growth opportunities for the global bike and scooter rental market in the coming years.
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MARKET SCOPE
The “Global Bike and Scooter Rental Market Analysis to 2027” is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of bike and scooter rental market with detailed market segmentation by service, propulsion, operational model, vehicle type, and geography. The global bike and scooter rental market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bike and scooter rental market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global bike and scooter rental market is segmented on the basis of service, propulsion, operational model, vehicle type, and geography. On the basis of service, the market is segmented into pay-as-you-go and subscription based. By propulsion, the market is segmented into pedal, electric, and gasoline. On the basis of operational model, the market is segmented into dockless and station-based. On the basis of vehicle type, the market is segmented into bike and scooter.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bike and scooter rental market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The bike and scooter rental market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting bike and scooter rental market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the bike and scooter rental market in these regions.
MARKET PLAYERS
The reports cover key developments in the bike and scooter rental market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from bike and scooter rental market are anticipated to lucrative growth opportunities in the future with the rising demand for bike and scooter rental in the global market. Below mentioned is the list of few companies engaged in the bike and scooter rental market.
The report also includes the profiles of key bike and scooter rental companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last three years, key developments in the past five years.
- Bird Rides, Inc.
- Cityscoot
- JUMP by Uber
- Lime
- Lyft, Inc.
- Mobike
- nextbike GmbH
- Spin
- Vancouver Bike Share Inc.
- Yulu Bikes Pvt Ltd.
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Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Bike and Scooter Rental Market.
- Key market trends cracking up the growth of the Bike and Scooter Rental Market.
- Challenges to market growth.
- Key vendors of Bike and Scooter Rental Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Bike and Scooter Rental Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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