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Pulished Date April, 2021
ID: 9750
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Bike and Scooter Rental Market Segmentation By Service (Pay as you go ahead, Subscription-based) By Propulsion (Pedal, Electric, Gasoline) By Operational Model (Dockless, Station-based) By Vehicle Propulsion (Bike, Scooter)- Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2021-2026

Pulished: April, 2021
ID: 9750
Pages: 175

Bike and Scooter Rental Market Size, Trends & Growth (2021 - 2026)

The global bike and scooter rental market is relied upon to ascend to an expected estimation of USD 7.06 billion by 2026, enrolling a healthy CAGR in the gauge time of 2021-2026.

Clients can distinguish the docks nearest to them where they will lease the automotive and choose the dock nearest to their destination and submit their automotive at that specific area. The specialist co-ops of this service are offering their varieties of assistance over mobile applications yet as upgrading the convenience for clients. With the growing occasion of interests for climate amicable and outflow free strategies for transportation is mounting the shares of the market. The scooter and bike rental market are encountering noteworthy development thanks to the expanding adaption for the micro-mobility benefits as a straightforward method and budget-friendly method of transportation. The necessity for the advance of sustainable methods for transportation is that the other significant factor driving the event of the bike and scooter rental market.

Recent Developments:

  • Bird will not stop rolling out new cars and new mobility services. Bird has recently divulged the Bird Cruiser, an electrical automobile that's basically a combination between a bicycle and a moped. The Bird Cruiser can accommodate up to 2 people and, depending on the market, the Cruiser will help pedal or simply have an ankle. This indicates Bird's first movement out of the scooter space.
  • Bird, perceiving the developing chance that individuals will must claim electric bikes as against share them, is propelling another bike model accessible for procurement. Called the Bird One, it'll be accessible for proprietorship and shared-use cases. Bird is additionally dumping the Ninebot ES and betting on its own M365 model for month-to-month personal rentals.
  • E-bike rental start-ups Lime and Bird are suspending their services in many urban areas across Europe and past, because the coronavirus episode puts further a money pressure of the technology industry. Lima also drives its bikes and scooters off avenues across vast areas of the United States and Canada.
  • Jump, the scooter and bicycle rental organization claimed by Uber, is getting a makeover. The bike share organization uncovered the subsequent age of its electric-powered bikes. The expectation is that these new, technology bikes will spike Uber's push to dominate the micromobility space, which is becoming progressively serious and increasingly costly to explore.
  • Ojo, a California electric bike organization, declared its aim to obtain Gotcha, a motorcycle and scooter rental service. It's another sign that the mutual micromobility industry is oversaturated and requires consolidating.

Drivers and Restraints of Bike and Scooter Rental Market:

Drivers:

The rising traffic congestions on roads plus adoption of electrically powered vehicles is anticipated to produce lucrative growth opportunity to the market. The increased preferences for micro-mobility services as a means of transport due to their cost effectiveness will drive this market growth. concentrate on development and availability of sustainable modes of transportation has a positive impact on the expansion of this market.

Various marketing campaigns and promotional offers provided by various market players of this services are enhancing the speed of adoption; this factor also will boost the expansion of the bike and scooter rental market.

Restraints:

Players are offering some discounts and offers to attract customers, despite the actual fact that customer retention is one in all the numerous challenges faced by players within the scooter and bike rental market. Absence of framework accessibility required for the successful tasks of this service; this factor is relied upon to hamper the event of the market.

Bike and Scooter Rental Market Segmentation:

By Service:

  • Pay As You Go
  • Subscription-Based

By Propulsion:

  • Pedal
  • Electric
  • Gasoline

By Operational Model:

  • Dockless
  • Station-Based

Today, bikes are often found and unlocked using cellular phone Operational Models and this can be likely to upsurge the event of the scooter and bike rental industry over the estimate time span.

By Vehicle Propulsion:

  • Bike
  • Scooter

The scooter and bike rental or hire business leases scooter and bike for a shorter timeframe, explicitly for the number of hours. The service co-ops give scooter and bike to the individuals who haven't got access to the automobiles that's travellers and tourists. The service organizations who deal in giving scooter and bikes on lease have specialized their stores at areas, for instance, sea shores, vacationer areas and parks then on.

Bike and Scooter Rental Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada

North America is probably going to carry high share within the scooter and bike rental market. this can be fundamentally thanks to the presence of some prevalent players within the district.

  1. Europe
    1. Norway
    2. Germany
    3. Sweden
  2. Asia Pacific
    1. China
    2. India
    3. Japan

Asia-pacific is relied upon to develop because the quickest area within the worldwide scooter and bike market. Asia-Pacific is likewise foreseen to display most elevated development rate/CAGR over the figure timeframe 2019-2026 due to progress in lifestyle and increment in working populace. The administration activity with regard to producing low pollution automotive within the developing nations of Asia Pacific, for instance, China and India together with the presence of big market players during a vehicle industry is flooding the event of Asia pacific area within the scooter and bike rental market.  

  1. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  2. Middle East and Africa

a. Middle East

b. Africa

Key Players of Market:

Major Key players accounted for this market are Bird, Jump, Grow Mobility, Lime, Ofo, nextbike, COUP, and Cityscoot.

Impact of COVID-19 on Bike and Scooter Market:

Bike and scooter market shares has slow growth rate due the spread of COVID 19. The novel coronavirus is a deadly disease that distracted the shares of the every market. The impact of COVID 19 was majorly on the global economy. The supply chain was completely disrupted especially in 2020. Slowly, the market shares started to rise from the start of 2021 with the necessary preventive measures of COVID 19. The bike and scooter market is projected to have significant growth rate in the 2021-2026.  

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Bike and Scooter Rental Market, By Service           

                    6.1.1 Pay As You Go         

                    6.1.2 Subscription-Based  

                    6.1.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.4 Y-o-Y Growth Rate Analysis         

                    6.1.5 Market Attractiveness Index         

          6.2 Bike and Scooter Rental Market, By Propulsion                

                    6.2.1 Pedal   

                    6.2.2 Electric

                    6.2.3 Gasoline        

                    6.2.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.5 Y-o-Y Growth Rate Analysis         

                    6.2.6 Market Attractiveness Index         

          6.3 Bike and Scooter Rental Market, By Operational Model              

                    6.3.1 Dockless       

                    6.3.2 Station-Based          

                    6.3.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.4 Y-o-Y Growth Rate Analysis         

                    6.3.5 Market Attractiveness Index         

          6.4 Bike and Scooter Rental Market, By Vehicle Propulsion              

                    6.4.1 Bike    

                    6.4.2 Scooter

                    6.4.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.4.4 Y-o-Y Growth Rate Analysis         

                    6.4.5 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2021 - 2026)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Service      

                    7.2.3 By Propulsion 

                    7.2.4 By Operational Model         

                    7.2.5 By Vehicle Propulsion         

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Service      

                    7.3.3 By Propulsion 

                    7.3.4 By Operational Model         

                    7.3.5 By Vehicle Propulsion         

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Service      

                    7.4.3 By Propulsion 

                    7.4.4 By Operational Model         

                    7.4.5 By Vehicle Propulsion         

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Service      

                    7.5.3 By Propulsion 

                    7.5.4 By Operational Model         

                    7.5.5 By Vehicle Propulsion         

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Service      

                    7.6.3 By Propulsion 

                    7.6.4 By Operational Model         

                    7.6.5 By Vehicle Propulsion         

8. Key Player Analysis                           

          8.1 Bird                  

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Jump                

          8.3 Grow Mobility             

          8.4 Lime                

          8.5 Ofo                  

          8.6 nextbike           

          8.7 COUP               

          8.8 Cityscoot          

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Product, by system, by service and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Bike and Scooter Rental Market By Region, From 2021-2026 ( USD Billion )
  2. Global Bike and Scooter Rental Market By Service , From 2021-2026 ( USD Billion )
  3. Global Pay As You Go Market By Region, From 2021-2026 ( USD Billion )
  4. Global Subscription-Based Market By Region, From 2021-2026 ( USD Billion )
  5. Global Bike and Scooter Rental Market By Propulsion , From 2021-2026 ( USD Billion )
  6. Global Pedal Market By Region, From 2021-2026 ( USD Billion )
  7. Global Electric Market By Region, From 2021-2026 ( USD Billion )
  8. Global Gasoline Market By Region, From 2021-2026 ( USD Billion )
  9. Global Bike and Scooter Rental Market By Operational Model, From 2021-2026 ( USD Billion )
  10. Global Dockless Market By Region, From 2021-2026 ( USD Billion )
  11. Global Station-Based  Market By Region, From 2021-2026 ( USD Billion )
  12. Global Bike and Scooter Rental Market By Vehicle Propulsion, From 2021-2026 ( USD Billion )
  13. Global Bike Market By Region, From 2021-2026 ( USD Billion )
  14. Global Scooter Market By Region, From 2021-2026 ( USD Billion )

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