Italy Bike Sharing Market Deployment, Industry Vertical, Service Model, Segmentation and Forecast 2027
The Italian Municipality of Trieste's new public bike sharing system was officially inaugurated on Monday, 3 February 2020, in the city's Piazza Libertà. The system, known as BiTS, is being deployed at a cost of €390,000 as part of the city's 'Integrated Sustainable Urban Development Plan' (PISUS), with money provided by the Friuli Venezia Giulia Region and the Municipality of Trieste. The system's goal is to promote sustainable mobility by encouraging people to walk and cycle to minimise urban pollution and to provide eco-friendly transportation to tourists visiting the city.
Italy Bike Sharing Market Report Scope and Research Methodology:
The research serves as a strategic planning reference for organisations, and it contains Italy Bike Sharing market supply, trends, share, and recent changes. The study aids in the analysis of major players, pricing, and revenue, as well as Italy Bike Sharing industry sales channels, distributors, dealers, and traders, company strengths and weaknesses, research results, conclusion, data source, and appendices.
The study includes company profiles, revenue, price, product specifications, product capacity and sales, and gross margin sales, as well as an in-depth examination of the Italy Bike Sharing market's competitive landscape with particular data on vendors. The SWOT analysis was utilised to offer the strengths and weaknesses of the industry's Italy Bike Sharing key players, while the bottom-up technique was used to estimate regional and worldwide Italy Bike Sharing market size.
Italy Bike Sharing Market Report Overview:
The study is based on key organisation forecasts as well as Italy Bike Sharing Market statistics. The Italy Bike Sharing market research provides information on the growth variables, current market share, technical advances, applications, and regional penetrations by 2029.
Italy Bike Sharing Market size was valued at US$ 94.7 Million in 2020 and the total Italy Bike Sharing Market revenue is expected to grow at 5% through 2021 to 2027, reaching nearly US$ 133.25 Million.
Italy Bike Sharing Market Regional Analysis:
The Italy Bike Sharing market study examines all regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The report provides the current state and prognosis of the regional Italy Bike Sharing market in terms of market size, share, and volume.
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Italy Bike Sharing Market Segmentation:
In 2003, a business named Bicincitta (Italian for Bikesinthecity) created the first bike-sharing programme that we know today, a system in which the user charges a bicycle. Mount it in a rack or electrical socket and return it to any station in the system. Bicincitta, based in Turin's northern outskirts, manages a fleet of 6,241 bikes across 1,418 stations in 115 municipalities. Users sign up online and pay an annual membership fee of up to 49 euros ($57). According to its website, Bicincitta also operates in Switzerland and Spain. Clear Channel has 4,900 bikes and 289 stations in Milan and Verona.
TMR srl (three urban locations, 22 bikes, three stations) and EMove (three urban locations, 22 bikes, three stations) are newcomers. According to the environment ministry, the wealthier, more industrialised North accounts for 64% of the bike sharing business in Italy, with the South accounting for 22% and the centre regions accounting for 14%. Following Singapore, the United Kingdom, and Japan, the Mediterranean country is China's Mobike's fourth overseas market.
Mobike plans to send hundreds of bikes to Florence this week for a trial run, with 30 minutes on a bike costing 0.3 euros. 4,000 bicycles will be officially introduced in Florence and Milan in August.
Italy Bike Sharing Market Key Players:
BiTS
Bikemi
Mobike
Ofo
JUMP Bike
Key Questions answered in the Italy Bike Sharing Market Report are:
- What is Italy Bike Sharing Market?
- What are the Italy Bike Sharing market segments?
- Which segment of the Italy Bike Sharing market is expected to grow at a high rate during the forecast period?
- What is the expected CAGR of the Italy Bike Sharing market during the forecast period?
- Which factor is expected to create growth opportunities for the Italy Bike Sharing Market?
- What factors are affecting the Italy Bike Sharing market growth?
- Which regional Italy Bike Sharing market is expected to grow at a high rate during the forecast period?
- What key trends are expected to emerge in the Italy Bike Sharing market during the forecast?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their sub-segments
- Competitive Landscape - Leading key players and other prominent key players
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