E-bikes consists of electric motor attached to propel the bicycle. They are an ecological and urban means of transport with batteries as its source of energy. E-bike sharing schemes is a service in which e-bikes are made available for shared use to individuals for a short term with minimum prices. It allows people to borrow a bike from a "dock" and return it at another dock belonging to the same system. Users have to enter payment information, and the computer unlocks a bike.
e-Bike Sharing Market: Key Players
The research study includes profiles of leading companies operating in the global e-bike sharing market. Key players profiled in the report include: Zagster, Inc., Citi Bike (Motivate International, Inc.), Dropbike, Mobike, Uber Technologies, Inc., Lyft, Inc., Hexi, Lime, BikeMi, and Xiaomi Global Community.
Uber has acquired the bike-sharing startup JUMP. JUMP employees will join Uber’s team but the bike-share company will carry on as an independent, wholly controlled subsidiary. Further, Provo City have partnered with ZAGSTER, for the micro-mobility sharing economy and have launched a scooter share pilot program.
Drivers for the Global e-Bike Sharing Market:
The rising demand for e-bike sharing market is mainly driven because of the surging focus of consumers towards healthy lifestyle. Hectic urban lifestyle leads to stress and anxiety. Further, rising cases of osteoporosis and lowering of bone density are also prompting people to take health, diet, and fitness seriously. Increased cases of obesity and diabetes anticipates other factors to shifting people’s focus towards fitness. Hence, people have started preferring to travel to their work places or make shot trips for running shops on bicycles.
Opportunities for the Global e-Bike Sharing Market:
As compared with fuel engine vehicles, electric vehicles offer the light weight machine with less maintenance, and eco-friendly environment vehicle. On another side fuel engine vehicle damage the eco system of the environment, and human health also get affect due to this vehicle. People find out many benefits of electric vehicle as compared to the fuel engine vehicle. In a result, people are rising the demand for electric bikes. Thus, it will create lucrative opportunities in near future.
Restrains for the Global e-Bike Sharing Market:
An e-bike is a product with technically advanced components. It, thus, requires exclusive distribution channels and technically sound representatives who can guide customers thoroughly about the technology to fulfill their requirements. However, at present, there are a few e-bike retailers and distributors in most global markets. Thus, lack of distribution channels in terms of services and guidance along with market turbulences can hamper the growth of e-bike sharing market.
Region Wise, Global e-Bike Sharing Market Analysis:
Asia Pacific region which includes China, India, Japan and Australia are anticipated to held maximum share due to the rising number of people shifting towards healthies lifestyle. Thus, increasing focus of people towards fitness anticipates to boost e-bike sharing market. Further, rise in GDP, growth in research activities, and increase in investment in automotive industry are estimated to accelerate the market in Asia Pacific in the near future.
Global e-Bike Sharing Market: Product analysis
- Public Organization & Government
- Private Company
Global e-Bike Sharing Market: Application analysis
- Public Use
- Internal Use
Global e-Bike Sharing Market: Region analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- ASEAN
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Colombia
- Rest of L.A.
- Middle East and Africa
- Turkey
- GCC
- UAE
- South Africa
- Rest of Middle East
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