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The Bike Sharing Market Size was valued at USD 7 billion in 2023 and is expected to reach USD 18.64 billion by 2032 and grow at a CAGR of 11.5% over the forecast period 2024-2032.
Bike sharing has emerged as a popular transportation solution in cities around the world. This service allows individuals to rent bicycles, both conventional and electric, for short-term use. Users can access these bikes from designated stations throughout the city.
Several key demand factors drive the growth in the bike-sharing market. First is the urbanization factor already, over 55% of the world's population resides in an urban setup, which is expected to increase to about 68% by 2050. This rapid shift toward urbanization has increased congestion and pollution, resulting in cities around the globe being forced to adapt to bike-sharing schemes as a sustainable option for transportation. Moreover, ecological consciousness plays an important role: over 70% of city residents already prefer ecologically clean modes of transportation, which raises the demand for bike-sharing services. The convenience and affordability of bike-sharing predisposes it for popularity: close to 60% of users use this service instead of car ownership because it's cheaper and more convenient.
Specifically, technological developments, which include the integration of GPS and mobile applications, improved user experience, boosting subscriptions up to 35% in cities with advanced technological infrastructures. Moreover, governmental promotions of cycling as one of the healthy and eco-friendly means of travel spur the growth of this market. While cities providing subsidies or tax incentives for bike-sharing programs see a 40% increase in adoption rates over cities without such policies, the rise of multi-modal transportation systems-where bike sharing is integrated along with public transit networks-further indicates an increasing demand. Indeed, in cities with a well-interconnected system, the number of public transit users who also use bike-sharing may reach up to 25%, depicting great interlinking of integrated transport solutions and bike-sharing adaption. The afore-mentioned facts together drive the bike-sharing market and are expected to show huge growth in the upcoming years.
MARKET DYNAMICS:
KEY DRIVERS:
Rising urbanization fuels demand for convenient and eco-friendly transportation solutions like bike sharing.
As cities around the world grow denser, the need for efficient and environmentally friendly transportation solutions becomes increasingly critical. This is where bike sharing comes in. This system offers a convenient and eco-friendly way to navigate urban environments. With growing populations, cities are seeing a rise in traffic congestion and air pollution. Bike sharing provides an alternative that reduces reliance on cars, contributing to cleaner air and less crowded streets. This makes it an attractive option for both cities and residents seeking sustainable transportation solutions.
Technological advancements like mobile apps and GPS tracking make bike sharing user-friendly and efficient.
RESTRAINTS:
High initial investment costs for setting up bike sharing infrastructure can limit program adoption.
Though bike sharing offers a multitude of benefits, its widespread adoption can be hampered by the significant upfront investment required. Setting up a bike sharing program necessitates the creation of a network of docking stations or designated parking zones, along with the purchase and maintenance of a fleet of bicycles. These initial costs can be a major hurdle for cities, particularly those with limited budgets.
Unfavourable weather conditions, like extreme heat or cold, might deter potential users.
OPPORTUNITIES:
Wider availability of electric bikes can attract those seeking a faster and easier riding experience.
Offering monthly or yearly subscriptions can attract frequent riders and generate recurring revenue.
CHALLENGES:
High upfront costs can make initiating bike sharing programs financially difficult for cities.
Vandalism and theft of bikes can be a significant financial burden and discourage ridership.
By Sharing System
Docked
Dock-less
Dockless is the dominating sub-segment in the Bike Sharing Market by sharing system holding around 60-65% of market share. Dockless systems offer unmatched convenience and flexibility. Users can locate and abandon bikes anywhere within the designated service area, eliminating the need to find a docking station. This is particularly appealing in densely populated cities or areas with limited docking infrastructure. Additionally, dockless systems often require less operational expenditure due to the absence of physical docking stations.
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By Bike Type
Traditional/Convectional Bikes
E-Bikes
E-Bikes is the dominating sub-segment in the Bike Sharing Market by bike type holding around 50-55% of market share. E-bikes are gaining ground due to their functionality. The pedal assistance they offer makes them perfect for longer commutes, conquering hilly terrains, or simply providing a less strenuous riding experience. As battery technology improves and concerns about range anxiety diminish, e-bikes are poised to become even more popular.
The Asia-Pacific is the dominating region in the bike sharing market holding 60-65%of market share. This dominance stems from the rapid urbanization creating a demand for efficient transportation, government support through subsidies and infrastructure, and a tech-savvy population readily embracing dockless systems.
Europe is the second highest region in this market fueled by a strong existing cycling culture, a growing focus on sustainability, and investments in dedicated bike lanes.
North America is the fastest growing region with rising traffic congestion, air pollution concerns, and advancements in both battery technology and bike-sharing apps are driving this rapid expansion, along with a shift towards more bike-friendly urban design in some cities.
KEY PLAYERS
The major key players are Bluegogo (China), Neutron Holding, Inc (US), Dropbike (Canada), JCDecaux (France), Motivate (US), Jump Bikes (US), OFO (China), Anywheel Pte. Ltd, Uber Technologies Inc, Bird Rides, Inc, BIXI Montreal, Beijing Xiaoju Technology Co, Ltd., Bond Mobility (Europe) AG, Lime, LYft, Inc., Mobike, Mobycy, Nextbike GmbH, SG Bike Pte Ltd, Spin, Tembici., Youon Technology Co., Ltd and other key players.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 7 Billion |
| Market Size by 2032 | US$ 18.64 Billion |
| CAGR | CAGR of 11.5% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Bike Type (E-Bike, Traditional Bike) • by Sharing System (Docked, Dock-less) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America |
| Company Profiles | Bluegogo (China), Neutron Holding, Inc (US), Dropbike (Canada), JCDecaux (France), Motivate (US), Jump Bikes (US), OFO (China), Anywheel Pte. Ltd, Uber Technologies Inc, Bird Rides, Inc, BIXI Montreal, Beijing Xiaoju Technology Co, Ltd., Bond Mobility (Europe) AG, Lime, LYft, Inc., Mobike, Mobycy, Nextbike GmbH, SG Bike Pte Ltd, Spin, Tembici. and Youon Technology Co., Ltd. |
| Key Drivers | • Rising traffic congestion as a result of increased car use. • Advancements in ride-sharing navigation technology. |
| RESTRAINTS | • Early investment expenses are substantial. • Frequent maintenance is required. |
Ans: The Bike Sharing Market was valued at USD 7 billion in 2023.
Ans:- Bike-sharing is a form of shared transportation in which individuals can borrow conventional or electric bikes for a fee or for free for a certain period of time.
Ans:- The e-bike sector is predicted to grow in popularity and market share in the worldwide bike-sharing market.
Ans:- Yes.
Ans:- Asia pacific region is anticipated to be the primary driver of the market.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Vehicle Production and Sales Volumes, 2020-2032, by Region
5.2 Emission Standards Compliance, by Region
5.3 Vehicle Technology Adoption, by Region
5.4 Consumer Preferences, by Region
5.5 Aftermarket Trends (Data on vehicle maintenance, parts, and services)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Bike Sharing Market Segmentation, by Sharing System
7.1 Chapter Overview
7.2 Mitral Valve Repair
7.2.1 Mitral Valve Repair Market Trends Analysis (2020-2032)
7.2.2 Mitral Valve Repair Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Tricuspid Valve Repair
7.3.1 Tricuspid Valve Repair Market Trends Analysis (2020-2032)
7.3.2 Tricuspid Valve Repair Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Aortic Valve Repair
7.4.1 Aortic Valve Repair Market Trends Analysis (2020-2032)
7.4.2 Aortic Valve Repair Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Bike Sharing Market Segmentation, by Bike Type
8.1 Chapter Overview
8.2 Hospitals
8.2.1 Hospitals Market Trends Analysis (2020-2032)
8.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Ambulatory Surgical Centers
8.3.1 Ambulatory Surgical Centers Market Trends Analysis (2020-2032)
8.3.2 Ambulatory Surgical Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Other
8.4.1 Other Market Trends Analysis (2020-2032)
8.4.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.2.4 North America Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.2.5.2 USA Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.2.6.2 Canada Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.2.7.2 Mexico Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.5.2 Poland Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.6.2 Romania Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.4 Western Europe Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.5.2 Germany Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.6.2 France Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.7.2 UK Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.8.2 Italy Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.9.2 Spain Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.12.2 Austria Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.4 Asia Pacific Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.5.2 China Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.5.2 India Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.5.2 Japan Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.6.2 South Korea Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.2.7.2 Vietnam Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.8.2 Singapore Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.9.2 Australia Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.4 Middle East Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.5.2 UAE Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.2.4 Africa Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Bike Sharing Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.6.4 Latin America Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.6.5.2 Brazil Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.6.6.2 Argentina Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.6.7.2 Colombia Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Bike Sharing Market Estimates and Forecasts, by Sharing System (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Bike Sharing Market Estimates and Forecasts, by Bike Type (2020-2032) (USD Billion)
10. Company Profiles
10.1 Bluegogo
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Groups/ Services Offered
110.1.4 SWOT Analysis
10.2 Neutron Holding, Inc
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Groups/ Services Offered
10.2.4 SWOT Analysis
10.3 Dropbike
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Groups/ Services Offered
10.3.4 SWOT Analysis
10.4 JCDecaux
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Groups/ Services Offered
10.4.4 SWOT Analysis
10.5 Motivate
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Groups/ Services Offered
10.5.4 SWOT Analysis
10.6 Anywheel Pte. Ltd
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Groups/ Services Offered
10.6.4 SWOT Analysis
10.7 Uber Technologies Inc
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Groups/ Services Offered
10.7.4 SWOT Analysis
10.8 Bird Rides, Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Groups/ Services Offered
10.8.4 SWOT Analysis
10.9 BIXI Montreal
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Groups/ Services Offered
10.9.4 SWOT Analysis
10.10 Others
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Groups/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
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Key Market Segments:
By Sharing System
Docked
Dock-less
By Bike Type
Traditional/Convectional Bikes
E-Bikes
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Luxury Electric Vehicle Market size was valued at USD 230.6 Bn in 2023 and is expected to reach USD 1007.32 Bn by 2032, the CAGR recorded for the forecasted year 2024-2032 was 17.8%.
The Automotive Oil Filter Market size was USD 75.43 Bn in 2023 and is expected to reach USD 106.43 Bn by 2032 and grow at a GAGR of 3.9% by 2024-2032.
The Automotive Grille Market Size was $10.32 billion in 2023 and is expected to reach USD 16.02 billion by 2032 and grow at a CAGR of 5% by 2024-2032.
The Autonomous Cars Market Size was USD 2.13 billion in 2023 and is expected to hit USD 43.44 billion by 2032 and grow at a CAGR of 39.8% by 2024-2032.
The Automotive Horn Systems Market Size was valued at USD 923.17 million in 2023 and is expected to reach USD 1812.64 million by 2031 and grow at a CAGR of 8.8% over the forecast period 2024-2031.
The Electric Powertrain Market size was valued at $96 billion in 2023 & is expected to reach $351.16 billion by 2032 & grow at a CAGR of 15.5% by 2024-2032
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