LONDON--(BUSINESS WIRE)--Technavio has been monitoring the bike-sharing market and it is poised to grow by $ 5.95 bn during 2021-2025, progressing at a CAGR of over 22% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the bike-sharing market.
Frequently Asked Questions:
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What are the major trends in the market?
Increasing traffic congestion is a major trend driving the growth of the market.
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At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 22% and the incremental growth of the market is anticipated to be $ 5.95 bn.
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Who are the top players in the market?
99 Bikes, Ford Motor Co., Grab Holdings Inc., Lyft Inc., Mobike, MobilityCloud Inc., Neutron Holdings Inc., nextbike GmbH, Trek Bicycle Corp., and Uber Technologies Inc., are some of the major market participants.
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What is the key market driver?
The advances in navigation technologies is one of the major factors driving the market.
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How big is the APAC market?
The APAC region will contribute to 40% of the market share.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 99 Bikes, Ford Motor Co., Grab Holdings Inc., Lyft Inc., Mobike, MobilityCloud Inc., Neutron Holdings Inc., nextbike GmbH, Trek Bicycle Corp., and Uber Technologies Inc. are some of the major market participants. The advances in navigation technologies will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this bike-sharing market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Bike-Sharing Market 2021-2025: Segmentation
Bike-Sharing Market is segmented as below:
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Product
- Docked Bikes
- Dockless Bikes
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Geography
- APAC
- Europe
- North America
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70039
Bike-Sharing Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The bike-sharing market report covers the following areas:
- Bike-Sharing Market Size
- Bike-Sharing Market Trends
- Bike-Sharing Market Industry Analysis
This study identifies increasing traffic congestion as one of the prime reasons driving the bike-sharing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Bike-Sharing Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist bike-sharing market growth during the next five years
- Estimation of the bike-sharing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the bike-sharing market across APAC, Europe, North America, South America, and MEA
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bike-sharing market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Docked bikes - Market size and forecast 2020-2025
- Dockless bikes - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 99 Bikes
- Ford Motor Co.
- Grab Holdings Inc.
- Lyft Inc.
- Mobike
- MobilityCloud Inc.
- Neutron Holdings Inc.
- nextbike GmbH
- Trek Bicycle Corp.
- Uber Technologies Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
