Bike and Scooter Rental Market report has been formed by taking into account several aspects of marketing research and analysis which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentation, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, road map analysis, targeting key buying criteria, and in-depth bench marking of vendor offerings. Few of the major competitors currently working in the global bike and scooter rental market are CITYSCOOT; Lime; JUMP by Uber; Bird Rides, Inc.; ofo Inc.; COUP Mobility GmbH; nextbike GmbH; Lyft, Inc.; MOTOCRUIZER TECHNOLOGIES INDIA PVT.LTD.; Mobike; Spin; eCooltra; Bolt Bikes; Yulu Bikes Pvt Ltd; Mobycy; Vogo rentals; YUGO Urban Mobility SL; VOI Technology AB; emmy-sharing; Spinlister among others.
Global bike and scooter rental market is expected to rise to an estimated value of USD 7.06 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of demands for environment friendly and emission-free modes of transportation.
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Bike and scooter rental is a modern vehicle hiring service involving availing micro-modes of mobility such as bikes, scooters, cycle and others on rent for a particular time period or distance. Users can identify the docks closest to them where they can rent out the vehicles and select the dock closest to their destination and submit their vehicles at that particular location. The service providers of this service are providing their services over mobile apps as well enhancing the ease for consumers.
Increasing preferences of micro-mobility services as a mode of transportation due to their cost-effectiveness will drive this market growth
Focus on development and availability of sustainable modes of transportation is having a positive impact on the growth of this market
Various marketing campaigns and promotional offers provided by various market players of this services is enhancing the rate of adoption; this factor will also boost the growth of the market
Focus of authorities on reduction of traffic congestion resulting in various promotions and benefitting programs for the adoption of this service will propel the market growth
Lack of infrastructure availability required for the successful operations of this service; this factor is expected to hinder the growth of the market
Higher expenditure incurred on marketing and promotions of these services in comparison to the revenues generated by the major market players is reducing the sustainability of smaller players; this factor is expected to act as a restraint to the growth of the market
Global Bike and Scooter Rental Market Size, Status and Forecast
Introduction, market driving force product Objective of Study and Research Scope Bike and Scooter Rental market
Exclusive Summary – the basic information of Bike and Scooter Rental Market.
Displaying the Market Dynamics- Drivers, Trends and Challenges of Float-Zone Silicon
Presenting Bike and Scooter Rental Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Displaying the by Type, End User and Region 2013-2018
Evaluating the which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Displaying the Appendix, Methodology and Data Source
The Report Highlights
Historic and forecasted Bike and Scooter Rental market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.
Highlights and compares key application/product categories for growth trends and revenue forecast.
The industry analysts have offered historical, current, and expected projections of the industry size from the cost and volume point of view
In this segment of the report, Bike and Scooter Rental competitors are offered with the data on the future aspects that the Bike and Scooter Rental industry is likely to provide
Here, authors of the report have talked about the main developments and trends taking place within the Bike and Scooter Rental marketplace and their anticipated impact at the overall growth
Detailed breakdown of the key Bike and Scooter Rental industry segments together with product type, application, and vertical has been done in this portion of the report
Bike and Scooter Rental market vendors are served with vital information of the high growth regions and their respective countries, thus assist them to invest in profitable regions
This section of the report sheds light on the competitive situation of the Bike and Scooter Rental market by focusing at the crucial strategies taken up through the players to consolidate their presence inside the Bike and Scooter Rental industry.
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