Global Bicycle Rental Market: From \$2.4 billion in 2022 to \$11 billion by 2031, with an average annual growth rate of 18.5%.
The global bicycle rental market is expected to experience rapid growth from 2022 to 2031. Market revenue is projected to increase from 2.4 billion USD in 2022 to 11 billion USD by 2031, with an average annual growth rate of 18.5%. Future Outlook: The bicycle rental market is anticipated to see further growth by 2031 due to urbanization and the increasing demand for sustainable transportation. In particular, the proliferation of electric bicycles and smart rental systems is expected to further expand the market. Please check the application method via the [PDF download] button or apply directly through the related link.
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Major Companies: Bolt ONN Bikes DrivEazY Inc. SG Bike Pte Ltd VOI Technology Bird Global Inc Cityscoot Spin nextbike GmbH Lime Yulu Bikes Pvt Ltd Vogo Automotive Pvt Ltd Uber Technologies Inc Bounce Tembici Cooltra Lyft Inc. By Service Type Pay-as-you-go Subscription-based By Propulsion Type Pedal Electric By Operating Model Dockless Station-based By Distance Short trips (under 5 km) Medium distance (5 km to 15 km) Long distance (over 15 km)
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