Europe Bike Sharing Market Size Was Valued at USD 2,433.60 Million in 2022 and is Projected to Reach USD 3541.11 Million by 2030, Growing at a CAGR of 4.80% From 2023-2030.
The Europe Bike Sharing Market is experiencing significant growth, fueled by the increasing emphasis on sustainable transportation solutions, urban mobility, and environmental awareness. Bike sharing, also known as bike rental or bike hire, involves the provision of bicycles for short-term use, typically through automated stations or mobile apps.
One of the primary drivers of the bike-sharing market in Europe is the growing demand for alternative modes of transportation in urban areas. With concerns about congestion, pollution, and the carbon footprint of traditional transportation modes, cities across Europe are embracing bike sharing as a sustainable and eco-friendly option for short-distance travel. Bike-sharing programs not only reduce reliance on cars and public transportation but also promote physical activity and healthier lifestyles.
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Top Market Players Covered in the Europe Bike-Sharing Market:
Pony Bike, YObykes, Bleeper Active, Cloudbike, Rekola Bikesharing s.r.o, Donkey Republic, Moventia,Nextbike, PBSC, Ride On, Smoove,Tier, Voi Technology,Swapfiets, Ofo, Cityscoot, GO Sharing, and Other Major Players
The global Europe Bike Sharing Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Global Europe Bike Sharing Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Global Europe Bike Sharing Market study. The market research includes raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Global Europe Bike Sharing Market trends, major leading countries/regions, market risk, and market driving force. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Global Europe Bike Sharing Market Report:
By Type
- Traditional Bike
- E-bike
By Sharing Type
- Docked
- Dockless
- Hybrid
By Model
- Free-floating
- P2P
- Station based
Market share data Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Industry Facts in the European Bike-Sharing Market:
- In February 2023, The National Cycling Plan represents the German government's effort to promote cycling and drive the expansion of the bike-sharing market in Germany. It encompasses principles, key areas of focus, and precise targets that the federal government, state administrations, local authorities, and other stakeholders aim to achieve within their respective domains. All objectives and strategies outlined in NRVP 3.0 were developed collaboratively with input from expert associations, and government representatives at various levels, and were influenced by feedback obtained from an online survey conducted among the general public.
- In March 2023, Nextbike by TIER, announced that it has won the tenders to operate its bike-sharing systems in Santander, Arteixo, and the Bizkaia (Biscay) region, following the launch of four new systems in Spain at the start of 2023, with three more systems to be brought online in the summer. The BIZKAIBIZI service for the entire Bizkaia region around the city of Bilbao will include 600 e-bikes and will complement the existing Bilbaobizi system, while also providing eight additional cities with access to sustainable, personal mobility. Comprising 60 stations, the system will connect about 750,000 people to the bike-sharing service. In addition to e-bikes, trikes will also be integrated into the service – a special feature of the tender, to make the system more accessible.
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