In November, 1.5 million shared bikes circulated in Shanghai alone, equivalent to one bike for every 16 inhabitants. The number of bikes had fallen to 1.1 million by the end of October 2017 as operators were forced to remove bikes in poor condition. In September 2017, 15 separate operators had approximately 2.3 million shared bikes in the city of Beijing, however the addition of additional bikes was prohibited. In 2020, the Chinese market grew 7.1% year on year and is predicted to increase at a CAGR of 4.62% during the forecast period.
China Bike Sharing Market Report Scope and Research Methodology:
The market report provides historical data and revenue growth estimates at the regional and country levels, as well as a full analysis of China Bike Sharing    market trends in each of the main segments and its sub-segments from 2022 to 2029. The Stellar Market Research team's major research approach is data triangulation, which includes an investigation of the impact of data variables on the China Bike Sharing  market, data mining, and primary (industry expert) validation. The research paper discusses the past and present state of the China Bike Sharing  market. predicted trends and size. The study report provides an easy-to-understand examination of the China Bike Sharing  market's intricate statistics. SWOT analysis was utilized to identify the strengths, weaknesses, opportunities, and threats for major players in the China Bike Sharing  industry, and a bottom-up technique was employed to estimate market size.
China Bike Sharing Market Report Overview:
The forecast was created mostly by analysing historical data and current market trends in the China Bike Sharing  Market. It includes market size, share, regional analysis, dynamics, CAGR, and future trends, making the study a useful reference for investors because it provides a forward-looking picture of the China Bike Sharing  Industry.
China Bike Sharing Market size was valued at US$ 1.17 billion in 2020 and the total China Bike Sharing Market revenue is expected to grow at 4.62% through 2021 to 2027, reaching nearly US$ 1.61 billion.
To Get A Copy Of The Sample Of The Market, Click Here:https://www.stellarmr.com/report/req_sample/China-Bike-Sharing-Market/169Â
China Bike Sharing  Market Regional Analysis:
The China Bike Sharing  Market research examines all regions: Europe, North America, Asia-Pacific, the China Bike Sharing  , and Latin America. The report provides the current condition and prediction for the regional China Bike Sharing    market in terms of market size, share, and volume.
China Bike Sharing  Market Segmentation:
Tianjin, a city famed for its many bicycle manufacturers, rapidly realized that the city's oversupply of shared bikes was a problem. Several Tianjin city officials launched the "Tianjin Internet Rental Cycle Provisional Measures" in May 2018. It is a set of rules that outline the roles and obligations of operators, users, and the government. This regulation became effective in October 2017. The regulation calls for orderly parking, quality and timely maintenance of bicycles, standardized data sharing with the city, transparent and safe user deposits, and clear norms and enforcement.
Nanjing agreed in August 2017 to impose operator license beginning in 2018. Shenzhen banned bicycle rental business Didi Chuxing from putting Bluegogo-branded bicycles on the street in January 2018 because the bicycles and user deposits were subpar. Overall, Shenzhen has very severe laws in place for bike rental companies, and recent reviews have revealed that bike rental companies are frequently very badly managed. To address the issue of overcapacity, numerous cities, including Shanghai, Beijing, and Guangzhou, have prohibited the addition of shared bicycles. In the spring of 2018, Beijing installed an electronic fence to enforce correct bicycle parking. A parking policy had previously been issued, but it had not been properly enforced.
China Bike Sharing Market Key Players:
Didi Bike
HelloBike
Ofo
Qingju Bike
Meituan Bike
Key Questions answered in the China Bike Sharing Market Report are:
What are the China Bike Sharing  market segments?
Which region of the China Bike Sharing   market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the China Bike Sharing  market during the forecast period?
What are the emerging trends in the China Bike Sharing  market?
What are the factors restraining the China Bike Sharing   market growth?
Key offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by 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
Request for Free Sample Pages:https://www.stellarmr.com/report/req_sample/China-Bike-Sharing-Market/169Â
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.
Contact Stellar Market Research
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud,
Pune, Maharashtra, 411029
+91 20 6630 3320Â Â Â +91 9607365656
