Global Bike and Scooter Rental Market, By Vehicle Type (Bike, Scooter), By Service Type (Subscriptio

Published Date: | Report Code : IT1958593

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Awareness about green transportation is expected to drive the growth of bike and scooter rental market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Due to the increasing awareness about the pollution problems in the world, people have been opting for clean and green means of transportation. This has given rise to the bike and scooter rental market. Even the tourists prefer this method for transportation as they do not have to shell out extra money and it's a good way for temporary transportation.

Many working professionals as well find this convenient as they do not have to be stuck for long durations and can maneuver easily with a bike, also since they are much cheaper compared to buying one.

Segment Analysis:

Based on the vehicle type, it is segmented as a bike and scooter.

On the basis of the service type, it is divided as Subscription and Pay-As-You-Go. The pay-as-you-go is more preferable than its alternative, as it is more cost-efficient.

By the propulsion type, the division is electric, pedal and gasoline. Pedal and electric bikes are very common as the consumers have an increasing demand for less polluting transport and also due to the growth of the health-conscious people these segments are growing.

On the basis of the operation mode, it is station-based and Dockless.

The market is growing steadily in the APAC region, as there has been an increase in the pollution problems and heavy traffic congestion. Stringent regulations are being put in place that drive the bike and scooter rental market.

Key Factors Impacting Market Growth:

  • Awareness about green transportation

  • Changing consumer preferences

Regional Analysis:

By region, the bike and scooter rental market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of bike and scooter rental market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America bike and scooter rental market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: ofo, Lime, Bird, JumpGrow, Mobility, nextbike, Cityscoot and COUP..

Market Segmentation:

By Vehicle Type:

  • Bike

  • Scooter

By Service Type:

  • Subscription

  • Pay-As-You-Go

By Propulsion:

  • Electric

  • Pedal

  • Gasoline

By Operation Mode:

  • Station-based

  • Dockless

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

  • Rest of the World

    • By Region (South America, Africa)

    • By Vehicle Type

    • By Service Type

    • By Propulsion

    • By Operation Mode

Reasons To Buy This Report:

  • Market size estimation of the global Bike and Scooter Rental Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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