Dublin, January 25, 2021 (GLOBE NEWSWIRE) – The report “Government push and disruptive technologies driving the growth of the global bicycle sharing market” has been added ResearchAndMarkets.com Offer.
The sharing of bicycles will grow worldwide as one of the most attractive forms of sustainable mobility in the future. While the market was badly affected by the COVID-19 crisis, it was also one of the first mobility markets to see a surge in demand.
Bike sharing has become one of the most convenient, affordable, and safe modes of travel in these challenging times. The trend is expected to continue in the new normal.
In 2019, the global bike sharing market recorded sales of around $ 5.2 billion. This is expected to cross the $ 6 billion mark in 2020 and have an impact due to the COVID-19 pandemic.
China currently has the largest bike-share fleet worldwide, accounting for around 97.1% of the world’s fleet size. That is, several countries begin …