In today’s e-bike sharing market scenario, many emerging cities across the globe are struggling for traffic congestion, increased fuel consumption, and deteriorated air quality. Increasing fuel consumption has secured a long-term energy security of several countries, making them increasingly susceptible to global oil supply fluctuations. Bike-sharing services majorly minimize the long streaks of traffic, moreover, allowing countries to manage environmental challenges and energy dependency effectively. Previously in 2018, the global e-bike sharing market size was valued at USD 23.83 million and estimated to project the value of USD 130.9 million, registering a CAGR of 18.1% during the forecast period. —
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E-bike sharing market trends has become the boom across the globe. The change in consumer buying behaviour reflects increased preference for sharing rather than owning bicycles. Furthermore, the e-bike sharing systems offers a low-priced cost, high quality bike convenience, which are integrated part in a dense multimodal network. The combination of these two factors along with the advantages offered by electric bikes have led to the rapid advancement of the global e-bike sharing market and is also expect to exhibit a high growth rate during the forecast period.
The global e-bike sharing market share is segmented several classifications including type overview, industry overview, and regional overview. Based on the type overview, the global e-bike sharing industry is categorized by public organization & government, and private company. On the basis of industry overview, the global e-bike sharing market is classified into internal use and public use.
In terms of geographical view, the global e-bike sharing market is widely range to North America, US, Canada, Europe, Germany, UK, France, Russia, Italy, Rest of Europe, Asia Pacific, China, Japan, Korea, India, Southeast Asia, Rest of Asia Pacific, Middle East & Africa, Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa, South America, Brazil, Argentina, Mexico, and Rest of South America.
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Leading player of the global e-bike sharing market include Hangzhou Public Transport Corporation, Gobee bike, LimeBike, Dropbike, Ofo, Beijing Mobike Technology Co.Ltd., Uber Technologies Inc., Zagster, GrabTaxi Holdings Pte Ltd., NYC Bike Share, LLC, and more others.
In Europe, a leading e-bike sharing service provider Gobee bike was forced to stand by its operations in Paris after thousands of its bikes were either vandalized in Rome and Brussels because of major vandalism to its fleet. However, service providers are tried to fetch the address these errors by installing GPS trackers in their bicycles.
Recently, the largest automaker -General Motors revealed its electric bicycle launch in a bid to pull its socks against uncertain future for cars. The company has released the name of its bike, Ariv and affirmed that it will commence accepting orders in selective European countries.
It is anticipated to have two active versions: the Meld, a compact e-bike, and the Merge, a folding e-bike. GM is launching the e-bikes in the Netherlands, Germany and Belgium where lithium-ion battery-powered e-bikes are gaining tractiom. In Belgium and the Netherlands, the range of Ariv Meld will start from $3,200 and the Ariv Merge is approcimately $3,800. Relatively, prices will be lesser in Germany. GM will incept the shipping process in the second quarter.
Moreover, Uber’s recent acquisition of Jump will more likely allow the company to attain first mover’s advantages in the U.S. market and prove its dedication towards grasping a tag of an urban mobility company instead of just a taxi alternative.
Key segments of the global e-bike sharing market
Type Overview, 2015-2025 (USD million)
Public Organization & Government
Industry Overview, 2015-2025 (USD million)
Regional Overview, 2012-2025 (USD million)
Middle East & Africa
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Table of Contents:
E-Bike Sharing Market Overview, By Type
E-Bike Sharing Market Overview, By Industry
E-Bike Sharing Market Overview, By RegionGlobal e-bike sharing market share, by region, 2017 & 2025
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