Europe Bike Sharing Market To Reach USD 3541.11 Million By Year 2030
Bicycle sharing, often known as bike rental or sharing, provides a short-term bicycle rental service as well as a means of mobility. A city or region's worth of self-service kiosks or stations power this system. People can hire bikes for different lengths of time, typically a few minutes to several hours, and pay with memberships, apps, or specific stations. Bike sharing serves as a flexible transportation mode for short commutes, allowing users to navigate through city streets quickly and efficiently. It provides an alternative to cars, reducing traffic congestion and promoting a healthier lifestyle by encouraging physical activity. Commuters use bike sharing for short trips between transit stops, to reach destinations not easily accessible by public transport, or simply for leisurely rides.
