
China Bike Sharing Market Size By Bike Type (Traditional Bike, E-bike) Sharing System (Docked, Dockless) User Type (Tourists and Visitors, Regular Commuters) and Country Market Analysis and Forecast, 2023-2030
The China Bike Sharing is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.
"Mobike (China), Ofo (China), HelloBike (China), Meituan Bike (China), DiDi Bike (China), Bluegogo (China), Youon Bike (China), Baibike (China), Coolqi Bike (China), JD Daojia Bike (China), Xiaoming Bike (China), U-Bicycle (China), Tianjin Flying Pigeon (China), Sinopec Easyjoy (China), Mango Bike (China),iVoka (China), Liangdao (China), GoFun Bike (China), Qingju Bike (China), Biker (China), and Other Major Players."
Bike Sharing market segments covers the Bike Type, Sharing System, and User Type. By Bike Type, E-bike segment is Anticipated to Dominate the Market Over the Forecast Period.
Beijing is Expected to Dominate the Market Over the Forecast Period.
The revenue of the bike-sharing market in China has shown a steady and consistent growth trend from 2018 to 2022. Starting at 2.43 billion USD in 2018, the market revenue increased to 2.81 billion USD in 2019, indicating a year-on-year growth. The positive momentum continued in 2020, with revenue reaching 4.13 billion USD, showcasing a significant expansion amid various challenges brought about by the COVID-19 pandemic. The bike-sharing industry demonstrated resilience, as revenue continued to climb to 4.39 billion USD in 2021 and further increased to 4.51 billion USD in 2022. This consistent growth trajectory reflects the increasing popularity and acceptance of bike-sharing services in China, making it one of the largest and most promising bike-sharing markets globally.
In September 2022, Youon Technology's shares experienced a surge, hitting the exchange-imposed limit, following the launch of China's first hydrogen fuel cell bicycle. The pioneering move by the Chinese bike-sharing company offers an eco-friendly and sustainable transportation option, emitting only water vapor and heat as byproducts. The product launch reflects the increasing demand for greener mobility solutions, showcasing the potential for growth in the hydrogen fuel cell technology sector.
In July 2021, Chinese bike-sharing giant Hello Inc. formally scrapped plans for a U.S. initial public offering, becoming one of the first big casualties of Beijing's crackdown on overseas listings. The company had requested a withdrawal of its registration for a U.S. share sale, stating that it no longer wanted to conduct the offering at that time, as per a filing made on.
China Bike Sharing Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD XXX Bn. |
Forecast Period 2023-30 CAGR: |
XXX% |
Market Size in 2030: |
USD XXX Bn. |
Segments Covered: |
By Bike Type |
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By Sharing System |
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By User Type |
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China Bike Sharing Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD XXX Bn. |
Forecast Period 2023-30 CAGR: |
XXX% |
Market Size in 2030: |
USD XXX Bn. |
Segments Covered: |
By Bike Type |
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By Sharing System |
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By User Type |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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1. INTRODUCTION
1.1. RESEARCH OBJECTIVES
1.2. RESEARCH METHODOLOGY
1.3. RESEARCH PROCESS
1.4. SCOPE AND COVERAGE
1.4.1. Market Definition
1.4.2. Key Questions Answered
1.5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
5.1. PORTER’S FIVE FORCES ANALYSIS
5.1.1. Bargaining Power Of Supplier
5.1.2. Threat Of New Entrants
5.1.3. Threat Of Substitutes
5.1.4. Competitive Rivalry
The forecast period in the China Bike Sharing Market research report is 2023-2030.
Mobike (China), Ofo (China), HelloBike (China), Meituan Bike (China), DiDi Bike (China), Bluegogo (China), Youon Bike (China), Baibike (China), Coolqi Bike (China), JD Daojia Bike (China), Xiaoming Bike (China), U-Bicycle (China), Tianjin Flying Pigeon (China), Sinopec Easyjoy (China), Mango Bike (China), iVoka (China), Liangdao (China), GoFun Bike (China), Qingju Bike (China), Biker, and Other Major Players.
The Bike Sharing Market is segmented into Bike Type, Sharing System, and User Type. By Bike Type, the market is categorized into Traditional Bike, E-bike. By Sharing System, the market is categorized into Docked, Dockless. By User Type, the market is categorized into Tourists and Visitors, Regular Commuters.
China's bike sharing market has experienced a remarkable resurgence in popularity, with the advent of bike sharing services in 2016. The country witnessed an unprecedented influx of shared bikes on its streets, with over 20 million bikes appearing in major cities by 2018. The rapid expansion was fueled by ambitious start-ups backed by substantial venture capital, leading to fierce competition among more than 77 companies vying for market dominance.
Bike Sharing Market is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.