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Bike and Scooter Rental Market: Overview, Competitive Situation, Market Concentration Rate and Forecast 2027

The report titled “Bike and Scooter Rental Market” sheds a concentrated focus on the Bike and Scooter Rental industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

The Bike and Scooter Rental Market is projected to grow from US$ 2.5 Billion in 2019 to reach US$ 10.1 Billion by 2027, at a CAGR of 18.9%.This report spread across 127 Pages, Profiling 13 Companies and Supported with 43 Tables and 37 figures is now available in this research.

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Top Companies profiled in the Bike and Scooter Rental Market:

  • Lime (US)
  • Jump (US)
  • Bird (US)
  • ofo (China)
  • Grow Mobility (China)
  • nextbike (Germany)
  • Cityscoot (France)
  • COUP (Germany)

Increasing concerns over air pollution and global warming have forced governments of several countries to enforce strict emission policies and regulations. Consumers are aware of the adverse effects of increasing pollution in the cities. More people prefer to ride bikes, scooters, and mopeds. These vehicles are convenient, pollution-free, and flexible for the riders. Also, the introduction of micro mobility has driven the demand for bike and scooter rental market.

Asia Pacific is expected to be the fastest growing bike and scooter rental market. Asia Pacific comprises rapidly emerging economies such as China and India, along with developed nations such as Japan, and is the largest market for automotive. China is home to the world’s largest companies in the bike sharing market whereofo and Mobike (acquired by Meituan) hold about 90–95% of the overall Chinese market. Moreover, companies such as Yulu and ONNBikes have expanded their operations to India.

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Breakdown of primary participants’ profile:

  • By Company Type: Tier I – 41%, Tier II – 51%,and Tier III – 8%,
  • By Designation: C Level – 34%, D Level – 44%,and Others – 22%
  • By Region: North America – 35%, Europe – 42%, Asia Pacific – 21%, and Rest of the World- 2%

Competitive Landscape of Bike and Scooter Rental Market:

1 Overview

2 Market Ranking Analysis

3 Competitive Scenario

3.1 New Product Developments

3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements

3.3 Expansions, 2017–2019

4 Competitive Leadership Mapping

4.1 Visionary Leaders

4.2 Innovators

4.3 Dynamic Differentiators

4.4 Emerging Companies

5 Strength of Product Portfolio

6 Business Strategy Excellence

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