People in the United States took 136 million trips on shared bikes, e-bikes, and scooters in 2019, up 60% from 2018. People in the United States have taken 342 million trips on shared bikes and scooters since 2010. In 2019, people used station-based bike share systems (pedal & e-bikes) 40 million times and dockless e-bikes (10M trips) and scooters (86M trips) 96 million times. Dockless scooter programs were available in 109 cities in 2019, a 45% increase from 2018. This contributed to a more than 100% increase in scooter trips across the country. In some cases, scooter expansion was unstable, with scooter companies exiting markets at the end of the year (prior to the pandemic), possibly due to over-competition and other market pressures.
United States Bike Sharing Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the United States Bike Sharing market size, growth, supply, demand, share, innovations, and recent developments, and key stakeholders can use the simple statistics, tables, and figures for strategic planning that leads to the organization's success. The report includes a detailed analysis of the United States Bike Sharing market's competitive landscape, as well as Company Profile, Revenue, Product Specifications, Production Capacity/Sales, Price, and Gross Margin Sales. The bottom-up approach was used to estimate the value of the and regional United States Bike Sharing markets. The data collected using both primary and secondary research methodologies was combined to make the United States Bike Sharing market report authentic and error-free. The analyst obtained these figures from United States Bike Sharing industry experts and the company. representatives and externally validated them by analysing historical data of these product types and applications in order to obtain an accurate United States Bike Sharing market size. To define, characterize, and analyse the United States Bike Sharing market competition landscape, SWOT analysis and Porter's Five Force Analysis are used, with a focus on key players.
United States Bike Sharing Market Overview:
Stellar Market Research provides a brief description of the United States Bike Sharing Market, as well as the most recent market snapshots. These aids understanding of its features by providing an overview of the United States Bike Sharing market that highlights standard topics. This overview assists clients in comprehending the situation in the United States Bike Sharing industry.
United States United States Bike Sharing Market size was valued at US$ 870 Million in 2020 and the total United States United States Bike Sharing Market revenue is expected to grow at 4.77% through 2021 to 2027, reaching nearly US$ 1205.53 Million.
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United States Bike Sharing Market Regional Insights:
By providing detailed information on key players in each key country, the report assists clients in understanding the United States Bike Sharing market structure. It is a clear representation of local energy, economic, political, and geographic variables that is required for any meaningful evaluation of potential policy options in response to the development of the United States Bike Sharing market in each region. The report covers North America, Asia Pacific, Europe, South America, and the Middle East and Africa.
United States Bike Sharing Market Dynamics:
The number of systems dropped by 4% to 72, but the total number of stationed bicycle-sharing riders increased by 10%. The largest and most established bicycle sharing system was primarily responsible for the increase in passenger numbers. Riders have traveled 17% more than in 2018 thanks to six of the largest bike sharing systems. In Boston, for example, the city has increased passenger numbers by 45% by adding 50 stations and expanding its blue bike system by 540 units. Smaller systems did not reap the same advantages. The largest system increased the overall number of bike-sharing riders, but 75% of the system decreased the number of riders.
United States Bike Sharing Market Segmentation:
Since 2019, the situation of shared micromobility has changed dramatically and unexpectedly. As a result of the ever-changing pandemic of COVID 19, the total number of trips to the United States has plummeted. In the last week of March and the first few weeks of April, total household travel in the United States fell by up to 6,872%, and passengers in transit across the country fell by more than 80% year-on-year. The number of trips using the largest eight bike rental systems at stations fell by an average of 44% in March / May, less than the decline in total trips in these cities. The number of passengers associated with
By the end of 2023, the future of shared micromobility seemed promising with record momentum and rapid growth. Cities have sought to improve the management of shared micromobility, including experimenting with various regulatory structures such as licenses, permits, bids, and formal contracts. As new scooter companies continue to emerge over the years, a small number of large companies (Bird, Lime, Spin, Lyft, and Uber) dominate the majority of the market, the market is stable, and companies are differentiating. It suggests that we can focus more. Through product quality and operation, rather than focusing on gaining market share quickly. The share of bicycles at train stations is also more complex, but the landscape is strong, with passenger numbers skyrocketing in some large cities but declining in many small markets.
United States Bike Sharing Market Key Players:
Citi Bike NYC
Divvy
Capital Bikeshare
Hubway
Biki
MoGo
Blue Bikes
HolySpokes
Key questions answered in the United States Bike Sharing Market are:
- What is United States Bike Sharing Market?
- What are the United States Bike Sharing Market segments?
- Which United States Bike Sharing market segment is expected to grow at a high rate during the forecast period?
- Who are the top players in the United States Bike Sharing market industry?
- What is the expected United States Bike Sharing Market size by 2029?
- What was the United States Bike Sharing Market size in 2021?
- Which region is expected to grow at a high CAGR?
- Who held the largest market share in United States Bike Sharing Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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