Monday, December 14, 2020

India Rental Two Wheeler Market, India Rental Two Wheeler Industry: Ken Research

How is the India Rental Two Wheeler Market Positioned?

The concept of two wheeler rental is not new in India. Tourist destinations like Leh & Ladakh, Kerala and Goa are full of two wheeler renting vendors offering affordable bikes to tourists for leisureIt is also solving the major problem of last mile connectivity and micro mobility in metro cities and semi urban cities where hardly any public transportation is seen. . Increase in road-trip tourism tops the list of major drivers for the increase in bike rental market size followed by traffic jams and congested locations in metro cities. In addition, rise in the fare by cab aggregators and taxi availability is also becoming one of the biggest drivers of the industry as individuals prefer to opt for an affordable transpiration for their intra city commute. Undoubtedly, the concept of two wheeler renting is booming in the country. With the quest to make bike renting quicker and hassle free process, several startups and vendors are working on their unique business models. Interesting startups and their unique offerings are building up a successful bike rental market in India. The market has attained speedy growth over the period of last 4 years from FY'2017 to FY'2020. Major companies like Bounce, Vogo, Royal Brothers, Onn Bikes, Yulu Bikes, etc. have entered the entered the market in last 5-6 years and since then the market has evolved drastically. It is growing in a two way process and yet to explore huge potential. Increase in internet penetration, smartphone and use of applications has enabled easy booking options for riders and renters.

Apart from offering high convenience to renters, it is also providing the vendors with growth opportunities by taking bookings through bike renting apps developed by startup entrepreneurs. Such apps complement the existing business models of bike vendors by giving them a platform where they can manage their fleet and track bookings.

India Rental Two Wheeler Market Segmentation, FY ’2020

India Rental Two Wheeler Market is at the Growth Stage, with organized players increasing their market penetration. The overall market in terms of fleets size increased from ~  in FY’2017 to ~ in FY’2020, growing at a double digit positive CAGR during the period.

By Market Structure

The market has continued to be dominated by the organized sector with a massive share of ~% in terms of GTV during the FY’2020. Startups have a higher presence, large fleet base and offer urban commute solutions to the individuals.

By Owned & Leased Fleet (Organized Market)

Most of the players and startups focus on an asset heavy model rather than a leased model. This helps them in having the complete control over the quality and service. Owned fleets contributed to ~% share in the organized market for FY’2020. Big players such as Bounce and Yulu own their fleets instead of working on an aggregator model.

By Major Cities

Majority of the demand for rental two wheelers generated from the southern cities in India such as Bengaluru and Hyderabad. One of the major reasons behind this is that majority of the start ups are based in these cities. Moreover, workforce migration to these cities, heavy traffic congestions have also led to the higher demand.

By Type of Two Wheeler

India rental two wheeler markets is dominated by scooters during FY'2020. This is because gearless scooters are trending in the country, among both male and female population. It is a cheaper and convenient as compared to bikes. Moreover scooters are more prevalent in tourist destinations such as Goa and Pondicherry.

By Purpose (Commuting and Leisure)

Workplace commuting is the main reason behind renting a two wheeler in India. Previously rental solutions majorly served leisure purpose and only focused upon tourist destinations but with the entrance of companies such as Bounce and Vogo, the situation has completely changed. These players majorly focus upon Point A to Point B commute and are comparatively cheaper.

By Packages Offered

Daily and hourly packages are the most sought after plan for rental services. Owing to Covid pandemic, more players are focusing upon long term rental plans as the customers would not only feel safer but also secure about having immediate access to the outside world whenever they wanted. Moreover, B2B tie-ups generally focus upon having a monthly contract.

By Booking Channel

It has been observed that presently, bookings through online apps and websites dominate the market holding a share of ~% in the rental market. Bookings in the unorganized market (tourist destinations) are mostly done via physical stores instead of online app or booking via call option.

Competition Scenario in India Rental Two Wheeler Market

India rental two wheelers market competition structure was observed to be highly fragmented with the presence of ~ 15,000 unorganized players. Although, organized players such as Bounce, Vogo, Drivezy, Onn Bikes, Yulu Bikes, Royal Brothers, and others contribute a significant share in the overall market. Pricing, models & packages offered, type of vehicles, areas of operations, vehicle & service quality, investor/client tie-ups, value added services offered, number of pick up and drop points are some of the critical parameters on the basis of which companies compete in the organized segment.

India Rental Two Wheeler Market Future Outlook and Projections

Rental two wheeler market is expected to recover from the Covid-19 pandemic and witness growth by mid of 2021. India’s young population and emerging entrepreneurial culture is all set to drive the rental industry with more investors coming forward. Corporate Companies are expected to tie up with 2W rental companies due to the surge in demand, post pandemic. In addition, more focus would be given to solving the urban commute challenges. EVs are likely to hold a relevant share in the total rental fleets in the next 5 years. Leading players are expected to launch their operations in the major Tier 1 & Tier 2 cities.

Key Segments Covered:-

By Market Structure (in Terms of Fleets and GTV)

Organized Market

Unorganized Market

By Type of Organized Market Fleets

Owned Fleets

Leased Fleets

By Major Cities (in terms of Fleets)

Bangalore

Goa

Mumbai

Pune

Jaipur

Delhi NCR

Hyderabad

By Type of Two Wheelers (in terms of Fleets)

Scooters

Motorcycles

E-Bikes

By Type of Bikes

Commuter

Sports

High End Bike

By Purpose (in terms of B2C Bookings)

Commuting

Leisure

By Booking Package (in terms of B2C Bookings)

Hourly

Daily

Weekly

Monthly

By Booking Channel (in terms of B2C Bookings)

Online App/Website

Physical Store

Booking via Call

By Usage (in terms of B2C Bookings)

Intracity Bookings

Intercity Bookings

Companies Covered:-

Bounce

VOGO Rentals

Drivezy

Yulu Bikes

ONN Bikes

RenTrip

Royal Brothers

ZopRent

Boongg

ZipHop

Wheelify

eBikeGo

RidoBiko

Bykemania

Mobycy

GoBikes

Faebikes

Key Target Audience:-

Rental Two Wheeler Players

Two Wheeler OEMs

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2017-2020

Forecast Period – 2020-2025

For More Information on the research report, refer to below link:

India Rental Two Wheeler Market

Related Reports:-

India Used Two Wheeler Market Outlook to 2025- Driven by Increase in Workforce Migration and Aversion towards Using Public Transportation

India Self Drive Car Rental Market Outlook To 2024 - Rising Prominence Of Shared Mobility Space With Growing Competencies Of Self Drive Companies Due To The Growing Investments

Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Type of Car (Sedans & Hatchbacks, SUVs & Crossovers, Pick-ups and Luxury), By Brand (Toyota, Hyundai, GMC & Chevrolet, Ford and Others), By Type of Sourcing, By Age of Vehicle (Less than 1 year, 1-3 years, 3-5 years & More than 5 years), By Kilometers Driven (Less than 50,000 Km, 50,000-80,000 Km, 80,000-120,000 Km & More than 120,000 Km) and By Region (Northern, Southern, Central, Eastern and Western)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Developing Innovations around the Worldwide Golf Clubs Market Outlook: Ken Research

 The Golf Club is a stick utilized to smash the golf ball in the game of golf. The club comprises a shaft with a grip and a club head. The foremost material used for manufacture of the club is wood and such wooden clubs are majorly utilized for long distance fairway while clubs made from other materials likewise Iron, Putters and hybrid are utilized according to the variety of shots.


According to the report analysis, ‘Global Golf Clubs Market to reach USD XXX billion by 2027’ states that the market growth is principally propelled by growing consumers disposable income, growth in the professional and amateur golfers. As per Statista, during 2017, the amount of golf participants across the U.S. stood at nearly 23.83 million. Around 8.8 million of such participants are said to be avid golfers. While as per Club managers Association of Europe there were 4.15 million recorded golfers across Europe. Further, the effective augment in the number of golf courses around the world propel the market growth. For Instance: Europe had nearly 7000 standard golf courses by 2017. However, implementation of other games and great golf membership costs hampers the growth of the market over the review period of 2020-2027.

Although, the regional analysis of worldwide Golf Clubs market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Europe is the leading/significant region around the world in terms of market share due to the increasing number of golfers populace and growing number of golf courses across the region. Whereas, the Asia-Pacific is also projected to exhibit greatest growth rate / CAGR over the review period 2020-2027. Aspects such as increasng disposable income and trend of Golf would generate the lucrative growth prospects for the Golf Clubs market around the Asia-Pacific region.

Not only has this, the market is majorly propelled by the increasing popularity and implementation of golf as an active sport. Moreover, the premium resorts and hotels are integrating sporting activities in their hospitality amenities, golf being one of them. Creation of miniature golf courses to augment the inflow of patrons and endorsing it as a vigorous leisure activity is underwriting to the growing sales of golf clubs.

The growth of golf clubs market is attributed to the increasing popularity of this sport owing to the accessibility of golf courses in most countries and towns across the world. The Golf tourism is obtaining much traction amongst the enthusiasts and a number of individual travel to detailed destinations for the sole determination of playing golf. Scotland, for instance, is an exceptional vacation spot that also suggests the golfers centuries-old courses and a intellect of history playing on these ancient grounds. Improvement and expansion of golf courses, along with growing government initiatives to encourage the golf tourism, have promoted this sport, thereby ramping up the requirement for its linked equipment, likewise golf equipment. Therefore, in the neat years, it is anticipated that the market of golf clubs will increase around the globe more significantly over the forthcoming years.

For More Information, Click on the Link Below:-

Global Golf Clubs Market

Related Report:-

Global Golf Clubs Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Golf Clubs Market Status and Future Forecast 2015-2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Increase In Trends Of IVD (In Vitro Diagnostics) Market Outlook: Ken Research

In vitro diagnostics (IVD) testing has become a requisite tool in clinical exercise for diagnosing and monitoring of syndromes, as well as delivering the prognosis and projecting the treatment response. The IVD industry is increasing steadily owing to several factors such as augmented demand for infectious syndrome testing as new pathogen strains improve each year, and great incidences of hospital-acquired infections. Other foremost factors involve the aging demographics and accompanying augment in incidence of chronic syndromes across all age cohorts of the populace; growing requirement for companion diagnostics; and increasing requirement for IVD products from the emerging markets.

According to the report analysis, ‘Global IVD (In Vitro Diagnostics) Market to reach USD XX million by 2026’ states that the requirement for in-vitro diagnostic products owing to the COVID-19 pandemic is projected to grow mainly owing to factors such as a strong augment in the requirement for PCR, NGS, serology-based rapid-test drugs, the auspicious regulatory environment for drug manufacture & marketing and a sharp increase in goal patient population. These trends have motivated industry players to develop and augment their prevailing capacities in production and delivery, as well as emphasis on commodity expansion & improvements.

It is projected that the development of automated in vitro diagnostic (IVD) systems for laboratories and hospitals to afford reliable, precise, and error-free diagnosis would initiative progress. For example, Becton, Dickinson and Company acquired CE-IVD documentation for an integrated flow cytometry program from the BD FACS Duet during March 2019 that supports the clinical laboratories to advance their efficiency and performance in relative to manual procedures. The effective augment in the geriatric population is predicted to be one of the requirement drivers for great impact rendering.

According to the United Nations (UN), it has been projected that there were about 962 million people across the globe with age over 60 during 2017. In fact, according to the World Health Organization (WHO), by 2020, the number of individuals over 60 years would surpass that of children under 5 years of age. It is projected that the IVD industry will be powered by the engrossment of research organizations that proposes consultancy services, clinical tests, and laboratory testing to address the growing the requirement for fast diagnosis and treatment plans. For starters, NAMSA began IVD production corporate during July 2018 to deliver the global manufacturers with services such as supervisory in vitro diagnostics, and clinical testing.

In addition, the regional analysis of IVD (In Vitro Diagnostics) market is measured for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In terms of value, the North America is projected to register for the mainstream of the market due to the auspicious government legislation, well-established healthcare infrastructure, in-vitro diagnostic technical improvements and the involvement of foremost market players are the aspects responsible for the largest regional share. Therefore, in the near years, it is predicted that the market of IVD (In Vitro Diagnostics) will increase around the globe more effectively over the inflowing duration.

For More Information, refer to below link:-

Global IVD (In Vitro Diagnostics) Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Covid-19 Impact On Global Advanced Analytics Market Outlook: Ken Research

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According to the report analysis, ‘COVID-19 Impact on Advanced Analytics Market to reach USD XX million by 2026’ states that the effective augment in the requirement for digital transformation, growing investment in analytics, the effective increase in the demand for remote services and location data and growing requirement for real-time information to track and control COVID-19 spread is the foremost factors propelling the improvement of COVID-19 impact on the analytics industry.

Analytics will enable corporates to develop operating efficiencies and decrease costs. With the traditional data architecture and models, organizations are finding it dissimilar to maintain data and make operative decisions. The Enterprises have comprehended the requirement for solutions that are unable to access a great volume of data and empower data analysts to aim at data-driven goals to obtain insights into data. Corporates in diverse industries such as BFSI, IT and Telecom, and energy and conveniences exploit sophisticated analytics for charming data collection to making timely decisions to remember their strategic advantage in the marketplace. A foremost factor accountable for market improvement is the increasing acceptance of predictive tools in the retail industry for practices such as demand modeling, behavioral analytics, and trade marketing optimization. Due to the enormous acceptance of unorganized data created by streaming happenings for video subscription services such as Netflix, Amazon Prime Video, and Hulu, the requirement for database management software has gone up extremely in recent years. This has turned the market for advanced analytics into improvement.


The amount of data created across the globe is projected to augment to 163 zettabytes by 2025 from 12 zettabytes in 2015, according to research delivered by Seagate Technology LLC. In addition, continuing enhancements in location-based technologies and the conjunction of this technology with the Geographical Information System (GIS) have resulted in advanced geospatial data. As a result, several businesses are embracing sophisticated analytics to recognize their consumer on a map by geospatial data and consequently draft their strategies. In addition, the augment of the e-commerce market led to an augment in the requirement for advanced analytics solutions.

Whereas, Major market player included in this report are Altair Engineering, Inc., Fair Isaac Corporation, IBM Corporation, KNIME, Microsoft Corporation, Oracle Corporation, RapidMiner, Inc., SAP SE, SAS Institute Inc., Trianz, and several others.

However, the regional analysis of COVID-19 Impact on Advanced Analytics Market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of value, North America is projected to account for the mainstream of the market due to the effective augment in the usage by automakers in the region of specialized analytical approaches. For eg, SAS Institute Inc. trapped a Volvo Trucks North America contract for the delivery of its advanced analytics platform during October 2018. By developing remote diagnostics, has supported Volvo Trucks North America reinforces its portfolio of uptime-boosting services. Therefore, in the near years, it is predicted that the market of advanced analytics will increase around the globe more effectively over the inflowing years.

For More Information on the Research Report, refer to below links: -

Global Advanced Analytics Market Growth

Related Report:-

Global Advanced Analytics Service for Marketing Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Friday, December 11, 2020

Impression Of Covid-19 On Alcohol Disinfectants Market Outlook: Ken Research

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According to the report analysis, ‘Impact of COVID-19 on Alcohol Disinfectants Market to reach USD XX million by 2026’ states that the effective augment in the demand for alcohol-based disinfectants such as hand sanitizers due to the surge in COVID 19 epidemic coupled with the growing awareness towards health hygiene has influenced the growth of alcohol-based disinfectants. Not only has this, but several chemicals firms are also moving manufacture at plants around the globe to satisfy augmenting the demand for hand sanitizers and surface disinfectants while controllers are playing their part in alleviating constraints throughout the Covid-19 coronavirus pandemic.

Furthermore, several other active drugs are in restricted supply, such as alcohols, as the present recession promotions competition for the goods. Dozens of chemical firms have come up to supply completed goods or the ingredients utilized to introduce them. For instance, BASF has reallocated numerous tons of isopropanol for hand sanitizer introduction. Dow Chemical has moved production to a projected 200 tons of sanitizer a week at five of its plants across the world. Ineos, a European supplier of the two major raw materials demanded hand sanitizers-isopropyl alcohol (IPA) and ethanol-has proclaimed a schedule to enhance a UK factory to introduce a million disinfectant bottles each month.


Dow Chemical, which produced isopropyl alcohol, has cooperated with authorities in Michigan and West Virginia, as well as the U.S. Food and Drug Administration, the Alcohol and Tobacco Excise and Export Office, and the Homeland Security Department to content regulatory standards to boost introduction. An expected growing requirement shift for the domestic and industrial disinfectants would propel business growth over the next seven years. Over the past few years, the paint industry has seen stable development and is projected to propel the success of the worldwide economy. They are utilized for eliminating unnecessary microorganisms in paints. The boom in the cosmetics industry is projected to raise the worldwide demand for disinfectants reliant on alcohol.

Moreover, the Major market player included in this report is 3M The company, BODE Chemie Gmbh, Ecolab Inc., Reckitt Benckiser Group Plc., DuPont de Nemours Corporation, Johnson & Johnson Ltd., Vaportek Inc., Kao Corporation, Procter Gamble Co., Reckitt Benckiser Group Plc., and several others. In addition, the players across this market are effectively working for leading the highest market growth while spreading the awareness connected to such, improving the applications of this, developing the specifications of the production technologies, increasing consumer satisfaction, and employing the young workforce.

The regional analysis of the Impact of COVID-19 on the Alcohol Disinfectants Market is measured for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. In terms of value, North America is projected to account for the mainstream of the market owing presence of a large number of players and a high level of awareness will underwrite completely to the growth of the regional market. Therefore, in the near years, it is predicted that the market of alcohol disinfectants will increase around the globe more positively over the inflowing years.

For More Information on the Research Report, refer to the below links: -

Global Alcohol Disinfectants Market Growth

Related Report:-

Global Alcohol-Based Disinfectants Market Research (2015-2019) and Future Forecast (2020-2025)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Dissimilar Increasing Trends across Motion Sensor Market Outlook: Ken Research

 Motion Sensor is an electronic device that is utilized to discover the movement of the device, object or person. Initially they were utilized for security functions however these days they’re additionally utilized in defence systems, medical applications, robotics, electronic gadgets and plenty a lot of application because of options like light-weight, less power consumption, small and handy. A motion sensor, additionally referred to as a motion detector, is an electronic device that intercepts physical or kinetic movements in real time. These sensors are usually embedded in home management systems, lighting management systems, physical security systems and fare collection systems. Nowadays, they’re additionally being incorporated in shopper electronics like smartphones, tablets, gaming consoles and fitness bands.


According to the study, ‘Global Motion Sensor Market to reach USD 10.3 billion by 2027.’ categorical that there are some corporates that presently functioning lots with success for dominant the foremost effective growth of the market and getting the productive competitive edge while acceptive the productive moneymaking ways throughout that and policies like joint ventures, mergers and acquisitions, partnership, merger and products development includes OSRAM Opto Semiconductors Gmbh (Germany), TE Connectivity (Switzerland), Panasonic Electric Works (Japan), ADT Security Services (US), STMicroelectronics (Switzerland), Bosch Sensortec (Germany), Honeywell Aerospace (UK), NKK Switch (Japan), TDK InvenSense (Japan), Xsens Technologies BV (Netherlands), SimpliSafe (US), ROHM (Japan). The factors that are resulting in growth during this market are development within the electronics devices and also the urge to wear devices like sensible watches, sensible jackets, fit-band, etc. For Instance: As per data from Gartner in 2018, there was increase within the sales of wearable electronic devices by nearly 27.04% as compared to last year.

In addition, COVID-19 pandemic has forced internment in nearly each country within the world because of that the producing of the motion sensors has been hampered. For the protection of the labours and workers several factories and industries are non-functional which can have an effect on the revenue in future. Individuals are forced to remain at home and then there’s a scope for increase in demand of those sensors in close to future for robotics, self-driven cars, automatic devices, etc. Moreover, the rising advancements and different strategic alliance by market key player can produce a remunerative demand for this market. However, one amongst the foremost factors restraining the expansion of Global Motion Sensor market is that the extremely advanced and important producing method. Beside this demand is hampered and extremely unstable because of covid pandemic.

The regional investigation of global Motion Sensor market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and remainder of the World. Europe is that the leading/significant region across the world as a result of it’s a hub of automobile industry and also the use of motion sensors in automobile is increasing drastically because of innovations like driverless cars, ADAS and airbags. Whereas, Europe is additionally anticipated to exhibit highest rate of growth / CAGR over the forecast amount 2020-2027.

Additionally, the increasing demand for smartphones and tablets, beside a thriving interactive gaming industry, is additionally driving the market growth. Motion sensors are also being incorporated in electrical appliances wherever they aid in energy saving by switching off the appliances just in case of continuing inactivity. Moreover, the rising disposable incomes along with fast urbanization has resulted within the escalating employment of automated devices, like hand dryers, doors and faucets, that is additional driving the market. Another growth-inducing issue is that the widening applicability of motion sensors across industries like automotive, aerospace and healthcare. Thus, it is predicted that the Global Monitor Sensors Market can increase in approaching years.

For More Information, Click on the Link Below:-

Global Motion Sensor Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Demand for Low-Priced Convenient Solution for Urban Commute Coupled with Huge Funding from Investors Supporting Growth in India Rental 2W Market: Ken Research

Increasing Use of Technology: Rental two wheeler players in India are continuously investing on new technologies and data science to transform urban mobility solution. Companies such as Bounce have started providing keyless tech which allows users to access bike with just an OTP. This helps their bikes to work on a dockless model, which means customer can pick up and drop off the vehicle anywhere, anytime. Other players are also focusing on security mechanisms and have introduced geo fencing, GPS tagging, etc. to monitor the fleet remotely. Apart from this, IoT ensures consistency in various parameters of the bike such as re-fuelling, battery swaps and timely maintenance.

Challenges in India Rental Two Wheeler Market: Two wheeler rental spaces in India were highly unorganized with presence of around 15,000 players owing to ambiguity on the government guidelines. Recently, the union ministry of road transport has asked all states to implement the Rent a Motorcycle Scheme, 1997. However, a number of checklists need to be ticked under the scheme to obtain a license. Rental 2W scooters currently fall under the 28% GST slab much higher than AC buses, cab aggregators, and other mobility service providers. Lack of proper infrastructure like vehicle pick-up and drop-off points, charging stations for EV vehicles, parking spaces, etc. is also a bottleneck to rental solutions. In addition, theft and vandalism of two wheelers is a major challenge faced by the rental providers in India.

Impact of COVID-19 on India Rental 2W Market: COVID-19 has adversely impacted the growth of rental two wheeler market in India. Urban mobility startups are downsizing their fleet by selling off vehicles to the second-hand market as many of them are forced to cut down on both capital and operational costs. At least half the demand for rental commute solutions has been wiped out from the market. Some of the smaller players were even at the verge of a shutdown incurring heavy losses due to the pandemic. On a positive note, companies are expecting a quick turnaround in the sector as the post pandemic will force a lot of people to adapt to private vehicle transport and the lightest-on-pocket way for them will be to use rented or shared vehicles. Many players have started offering long term rentals along with entering into a tie-up with a B2B company to sustain their operations. Sanitization services and doorstep delivery of two wheelers have been started by the major players during the pandemic.

Analysts at Ken Research in their latest publication India Rental Two Wheeler Market Outlook to 2025 - Driven by Introduction of Electric Vehicles and Adoption of Dockless System in Vehiclesobserved that the rental two market has a great potential to grow supported by the booming tourism, rapid digitalization and high inter-state migration. The advanced technology and additional features implemented by players such as dockless model, flexible ownership model, keyless tech, etc. is expected to boost growth of rental two wheeler markets in the years to come. Introduction of EV fleets in the micro mobility segment to cater to first and last mile travel solutions is also expected to drive the industry in the future. The India Rental Two Wheeler Market is expected to grow at a CAGR of 11.6% on the basis of GTV over the forecast period 2020-2025.

Key Segments Covered:-

By Market Structure (in Terms of Fleets and GTV)

Organized Market

Unorganized Market

By Type of Organized Market Fleets

Owned Fleets

Leased Fleets

By Major Cities (in terms of Fleets)

Bangalore

Goa

Mumbai

Pune

Jaipur

Delhi NCR

Hyderabad

By Type of Two Wheelers (in terms of Fleets)

Scooters

Motorcycles

E-Bikes

By Type of Bikes

Commuter

Sports

High End Bike

By Purpose (in terms of B2C Bookings)

Commuting

Leisure

By Booking Package (in terms of B2C Bookings)

Hourly

Daily

Weekly

Monthly

By Booking Channel (in terms of B2C Bookings)

Online App/Website

Physical Store

Booking via Call

By Usage (in terms of B2C Bookings)

Intracity Bookings

Intercity Bookings

Companies Covered:-

Bounce

VOGO Rentals

Drivezy

Yulu Bikes

ONN Bikes

RenTrip

Royal Brothers

ZopRent

Boongg

ZipHop

Wheelify

eBikeGo

RidoBiko

Bykemania

Mobycy

GoBikes

Faebikes

Key Target Audience:-

Rental Two Wheeler Players

Two Wheeler OEMs

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2017-2020

Forecast Period – 2020-2025

For More Information on the research report, refer to below link:

India Rental Two Wheeler Market

Related Reports:-

India Used Two Wheeler Market Outlook to 2025- Driven by Increase in Workforce Migration and Aversion towards Using Public Transportation

India Self Drive Car Rental Market Outlook To 2024 - Rising Prominence Of Shared Mobility Space With Growing Competencies Of Self Drive Companies Due To The Growing Investments

Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Type of Car (Sedans & Hatchbacks, SUVs & Crossovers, Pick-ups and Luxury), By Brand (Toyota, Hyundai, GMC & Chevrolet, Ford and Others), By Type of Sourcing, By Age of Vehicle (Less than 1 year, 1-3 years, 3-5 years & More than 5 years), By Kilometers Driven (Less than 50,000 Km, 50,000-80,000 Km, 80,000-120,000 Km & More than 120,000 Km) and By Region (Northern, Southern, Central, Eastern and Western)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249