Smart Bicycles Market by Components (e-Bike Lock, Anti-theft Features, smart bike monitoring system, custom sensors, and battery), by Ride-Sharing Services (dockless, docked, and hybrid) - Global Forecast up to 2023
- October, 2018
- Domain: ICT - Social, Mobile, Analytics & Cloud (SMAC),smart technologies
Pages:
70
Tables:
24
Charts:
16
Regions/Countries:
22
Companies:
9
Enquiry Hours:
10
- Get Free 10% Customization in this Report
[70 Report Pages] The market research report includes a detailed segmentation of the smart bicycles market by components (e-Bike Lock, Anti-theft Features, smart bike monitoring system, custom sensors, and battery), by ride-sharing services (dockless, docked, and hybrid), by regions (Americas, APAC and EMEA). The market research report identifies Google, Mobike, OFO, Giant Bicycles, Beeline, oBike, Velospot, XBikes, and BCycle as the major vendors operating in the smart bicycles market.
Overview of Smart Bicycles Market
Infoholic’s market research predicts that the smart bicycles market revenue is expected to reach $416.4 million by 2023 during the forecast period 2017–2023. Among the components segment, the smart bicycle owner's average spending is around 12% of the cost of the vehicle to enable smart components on it. The e-bike lock system is expected to grow at a CAGR of 8.0% during the forecast period to reach revenue of $123.1 million by 2023.
Among the ride-sharing services segment, the dockless bicycle sharing is popular because of the vast Chinese dockless ride-sharing service providers which have lead to low-cost manufacturing of bicycles in the areas. This has significantly reduced the cost per ride in Europe and North American countries as well. But these companies have not been able to protect the vehicles from being misused and theft resulting in the closure of their operations in few of the important cities. However, the dock-based and hybrid ride sharing models have been able to significantly focus on vehicle protection and safety norms despite the high cost of the ride.
Competitive Analysis & Key Vendors
The report covers the competitive landscape, which includes M&A, joint ventures & collaborations, and competitor comparison analysis.
The smart bicycle OEMs spend over 12% of the vehicle price to deploy smart devices on it which include sensors, punctureless tyres, smart lock, electric display, speed indicators, and battery. In recent years, smart electric bicycles have evolved with additional features like mobile phone charging, smart backpacks, GPS navigator, theft alarm, and automatic headlights.
Vodafone and AT&T are currently offering smart bicycle monitoring platforms by enabling IoT on a smart lock. Despite the temporary failure of some of the smart locks, these companies are expected to witness higher adoption for IoT platforms across geographies. Further, analytics is expected to push the demand for innovative personalized healthcare services for smart bicycle owners.
The report comprises an analysis of vendor profile, which includes financial status, business units, key business priorities, SWOT, business strategies, and views. In the vendor profile section, for companies that are privately held, the financial information and revenue of segments will be limited.
The key players offering smart bicycles globally include:
- Mobike
- OFO
- Giant Bicycles
- Beeline
- oBike
- Velospot
- XBikes and
- BCycle
The smart bicycles market is categorized based on three segments – components, ride-sharing services and regions.
Smart Bicycles Market by Components
- e-Bike Lock
- anti-theft Features
- smart bike monitoring system
- custom sensors and
- battery
Smart Bicycles Market by Ride-Sharing Services
- dockless
- docked and
- hybrid
Smart Bicycles Market by Regions
- Americas include North America and Latin America
- EMEA include Europe, Middle East and Africa
- APAC include East Asia, South Asia, Southeast Asia, and Oceania)
Smart Bicycles Market Benefits
According to Infoholic Research, the smart bicycles market revenue is expected to reach $416.4 million by 2023 during the forecast period 2017–2023. The aim of this report is to define, describe, and forecast the smart bicycles market on the basis of segments, which include types, applications, and regions.
In addition, it helps venture capitalists in understanding the companies better and make well-informed decisions. It is primarily designed to provide the company’s executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation of an effective marketing plan.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market
4 Market Outlook
4.1 Overview
4.2 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Evolution
5.2 Ecosystem
5.3 Market Segmentation
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Impact of regulations aimed at sustainability goals
5.4.1.2 Rapid urbanization
5.4.1.3 Growing demand for multi-modal transit in smart cities
5.4.2 Restraints
5.4.2.1 Unplanned city structure
5.4.2.2 Technological challenges
5.4.3 Opportunities
5.4.3.1 Evolution of new modes of transportation
5.5 DRO – Impact Analysis
5.6 Market Trends
6 Component Types: Market Size and Analysis
6.1 Overview
6.2 e-Bike Lock
6.3 Anti-Theft Features
6.4 Smart Bike Monitoring System
6.5 Custom Sensors
6.6 Battery
7 Ride Sharing Types: Market Size and Analysis
7.1 Overview
7.2 Dock less
7.3 Docked
7.4 Hybrid
8 Regions: Market Size and Analysis
8.1 Overview
8.2 Americas
8.2.1 US
8.2.2 Canada
8.2.3 Brazil
8.2.4 Others
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Sweden
8.3.7 Switzerland
8.3.8 Austria
8.3.9 Others
8.4 Asia Pacific
8.4.1 India
8.4.2 China
8.4.3 South Korea
8.4.4 Japan
8.4.5 Malaysia
8.4.6 Sinagpore
8.4.7 Australia& New Zealand
8.4.8 Others
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Israel
8.5.3 Turkey
8.5.4 South Africa
8.5.5 Others
9 Vendors Profile
9.1 Google Inc.
9.1.1 Overview
9.1.2 Business Units
9.1.3 Geographic Revenue
9.1.4 Business Focus
9.1.5 SWOT Analysis
9.1.6 Business Strategies
9.2 Ofo
9.2.1 Overview
9.2.2 Business Focus
9.2.3 SWOT Analysis
9.2.4 Business Strategies
9.3 Giant Bicycles
9.3.1 Overview
9.3.2 Business Focus
9.3.3 SWOT Analysis
9.3.4 Business Strategies
9.4 Mobike
9.4.1 Overview
9.4.2 Business Focus
9.4.3 SWOT Analysis
9.4.4 Business Strategies
10 Companies to Watch for
10.1 XBike
10.1.1 Overview
10.1.2 Offerings:
10.2 oBike
10.2.1 Overview
10.2.2 Offerings:
10.3 BCycle
10.3.1 Overview
10.3.2 Offerings:
10.4 Beeline
10.4.1 Overview
10.4.2 Offerings:
10.5 Velospot
10.5.1 Overview
10.5.2 Offerings:
11 Competitive Landscape
11.1 Competitor Comparison Analysis
Annexure
Abbreviations
TABLE 1 GLOBAL SMART BICYCLES MARKET REVENUE BY COMPONENT TYPES, 2017–2023 ($MILLION)
TABLE 2 GLOBAL SMART BICYCLES MARKET REVENUE BY COMPONENT TYPES, (Y-O-Y), 2017–2023
TABLE 3 GLOBAL SMART BICYCLES MARKET REVENUE BY RIDE SHARING TYPES, 2017-2023 ($BILLION)
TABLE 4 GLOBAL SMART BICYCLES MARKET GROWTH BY RIDE SHARING TYPES, 2017-2023 (Y-O-Y) %
TABLE 5 GLOBAL SMART BICYCLES MARKET REVENUE BY REGIONS, 2017–2023 ($MILLION)
TABLE 6 GLOBAL SMART BICYCLES MARKET GROWTH BY REGIONS, 2017–2023, Y-O-Y (%)
TABLE 7 GLOBAL SMART BICYCLES REVENUE FROM RIDE SHARING BY REGION, 2017–2023 ($BILLION)
TABLE 8 GLOBAL SMART BICYCLES REVENUE FROM RIDE SHARING GROWTH, 2017–2023, Y-O-Y (%)
TABLE 9 AMERICAS MARKET REVENUE BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 10 AMERICAS MARKET GROWTH BY COUNTRIES, 2017-2023 Y-O-Y%)
TABLE 11 AMERICAS MARKET REVENUE FROM RIDE SHARING BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 12 AMERICAS MARKET REVENUE GROWTH FROM RIDE SHARING BY COUNTRIES, 2017-2023 (Y-OY%)
TABLE 13 EUROPE MARKET REVENUE BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 14 EUROPE MARKET GROWTH BY COUNTRIES, 2017-2023 (Y-O-Y%)
TABLE 15 EUROPE MARKET REVENUE FROM RIDE SHARING BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 16 EUROPE MARKET REVENUE GROWTH FROM RIDE SHARING BY COUNTRIES, 2017-2023 (Y-O-Y%)
TABLE 17 ASIA PACIFIC MARKET REVENUE BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 18 ASIA PACIFIC MARKET GROETH BY COUNTRIES, 2017-2023 (Y-O-Y%)
TABLE 19 ASIA PACIFIC MARKET REVENUE FROM RIDE SHARING BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 20 ASIA PACIFIC MARKET GROWTH FROM RIDE SHARING BY COUNTRIES, 2017-2023 (Y-O-Y%)
TABLE 21 MEA MARKET REVENUE BY COUNTRIES, 2017-2023 ($BILLION)
TABLE 22 MEA MARKET GROWTH BY COUNTRIES, 2017-2023 (Y-O-Y%)
TABLE 23 MEA MARKET REVENUE FROM RIDE SHARING BY COUNTRIES, 2017-2023 ($MILLION)
TABLE 24 MEA MARKET GROWTH FROM RIDE SHARING BY COUNTRIES, 2017-2023 (Y-O-Y%)
Research Framework
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
