Adoption of electric scooter and bike rentals is growing in urban cities owing to easy accessibility and cheaper mobility. Developing sub-urban regions and increasing working population has welcomed the rental services era. Rising awareness towards the usage of electric vehicles instead conventional vehicles is further accelerating the growth of the electric scooter and bike rentals market. Developing countries are predicted to show a promising growth in coming years.
MARKET SCOPE
The "Global Electric Scooter and Bike Rental Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electric scooter and bike rental market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading electric scooter and bike rental market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global electric scooter and bike rental market is segmented into scooter and bicycle.
- On the basis of application, the market is segmented into short-term lease and long-term Lease.
MARKET DYNAMICS
Drivers:
- Saves crucial time that is spent it congested traffic.
- Rising urbanization and increasing per capita disposable income to boost market growth of rental electric scooter and bike.
- Various government authorities encouraging electric mobility.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electric scooter and bike rental market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the electric scooter and bike rental market in these regions.
IMPACT OF COVID-19 ON VINEGAR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic restricted movement of people from one place to another. This has impacted the electric scooter and bike rental market drastically all over the world.
MARKET PLAYERS
The report covers key developments in the electric scooter and bike rental market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electric scooter and bike rental market are anticipated to lucrative growth opportunities in the future with the rising demand for rental electric scooter and bike in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electric scooter and bike rental market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bird Rides, Inc.
- Coast Provincetown
- eBikeGo
- EXA RIDE
- La Bicicleta
- Lime
- Provincetown Bike Rentals
- RentElectric
- Shride India Pvt. Ltd.
- Yulu Bikes Pvt Ltd.