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Research Report on China Bicycle Sharing Industry, 2017-2021

Research Report on China Bicycle Sharing Industry, 2017-2021

Description

Bicycle sharing is a service providing bicycles for shared (rental) use around subway stations, bus stations, residential areas, commercial districts, campus and other public places. Individuals do not have to park the bikes at designated locations. Bicycle sharing first appeared in 2014 in China, became popular in 2015 and boomed in 2016.

It provides a solution to the "last mile" short-distance transfer between bus stops or subway stations and home, work or shopping venues.

The service is charged on a time basis. It usually charges on a half-hour basis and any time less than half an hour is considered as half an hour. For example, Mobike and ofo both charge CNY 1 for half an hour. Alternative charges can be as low as CNY 0.5 for half an hour. In addition, users need to pay deposits to service providers. In China, some bicycle sharing companies target at cities across the country, but some also focus on a particular region. With a increasing number of bicycle sharing companies, market competition has become more intense.

According to CRI, the production volume of bicycles in China was 60 million in 2016 and has been declining in recent years. However, the fast development of bicycle sharing since the second half of 2016 brought new opportunities to the bicycle industry by creating demands for 1 million bikes per month. CRI estimates that by the end of 2016, the supply of sharing bicycle had exceeded 3 million and is increasing by 1 million per month. There had been 18 million bicycle sharing users by the end of 2016 and will increase by 200,000 per month in 2017.

While bringing convenience for residents, the industry is faced with a number of problems. Due to the non-docking nature of bicycle sharing, many users park bike wherever they want -- even on motor lanes or pedestrian lanes. In many places, traffic police have detained sharing bicycles because of illegal parking. In addition, these bikes are also being vandalized and stolen.

According to CRI, the nature of bicycle sharing is nothing different from other rental services. Companies rent vehicles that they own. What attracts investors is the integration of rental services with the Internet or mobile Internet, such as GPS and mobile payment. Despite various difficulties, bicycle sharing will continue to grow and attract a lot of investors in the next few years.

Through this report, readers can acquire the following information:

  • Development Environment of Bicycle Sharing in China
  • Supply of Bicycle Sharing in China
  • Analysis of Market Demand for Bicycle Sharing in China
  • Major Bicycle Sharing Operators in China
  • Analysis of Funding of Bicycle Sharing Companies in China
  • Analysis of Competition in Bicycle Sharing Market in China
  • Opportunities in Bicycle Sharing Industry in China, 2017-2021
  • Unfavorable Factors in Bicycle Sharing Industry, 2017-2021
  • Forecast on Supply and Demand in Bicycle Sharing Industry in China, 2017-2021
Please Note: All reports from China Research and Intelligence are written in Chinese, then translated to English. This process takes approximately 5 business days from the date the order is placed


1 Concepts in Bicycle Sharing Industry
1.1 Definition and Classification of Bicycle Sharing
1.1.1 Definition of Bicycle Sharing
1.1.2 Classification of Bicycle Sharing
1.2 Parameters and Assumptions
1.2.1 Assumption Base
1.2.2 Data Sources
1.3 About CRI
2 Analysis of China Bicycle Sharing Industry, 2014-2016
2.1 Development Environment of Bicycle Sharing in China
2.1.1 Economic Environment
2.1.2 Policy Environment
2.1.3 Social Environment
2.2 Analysis of Supply of Bicycle Sharing in China
2.2.1 Overall Supply Capacity
2.2.2 Major Supply Regions
2.3 Analysis of Demand for Bicycle Sharing in China
2.3.1 Major Consumer Groups of Bicycle Sharing
2.3.2 Market Size of Bicycle Sharing in China, 2014-2016
3 Competition Status of Bicycle Sharing Industry in China
3.1 Barriers to Entry of China Bicycle Sharing Industry
3.1.1 Policy Barriers
3.1.2 Brand Barriers
3.1.3 Technical Barriers
3.2 Competition Structure of Bicycle Sharing Industry in China
3.2.1 Bargaining Power of Upstream Suppliers
3.2.2 Bargaining Power of Bicycle Sharing Consumers
3.2.3 Internal Competition of Bicycle Sharing Industry
3.2.4 Potential Entrants in Bicycle Sharing Market
3.2.5 Substitutes for Bicycle Sharing
4 Analysis of Major Bicycle Sharing Companies in China, 2015-2017
4.1 ofo (Beijing Bikelock Technology Co., Ltd.)
4.1.1 Enterprise Profile of ofo
4.1.2 Users and Funding of ofo
4.2 Beijing Mobike Technology Co., Ltd.
4.2.1 Enterprise Profile of Beijing Mobike Technology Co., Ltd.
4.2.2 Users and Funding of Mobike
4.3 Xiaoming Danche (Guangzhou Yueqi Information Technology Co., Ltd.)
4.3.1 Enterprise Profile of Guangzhou Yueqi Information Technology Co., Ltd.
4.3.2 Funding of Guangzhou Yueqi Information Technology Co., Ltd.
4.4 Qibei (Hangzhou QIBEI Technology Limited)
4.4.1 Enterprise Profile of Hangzhou QIBEI Technology Limited
4.4.2 Funding of Qibei
4.5 U-Bicycle (Shanghai Yaolu Technology Co., Ltd.)
4.5.1 Enterprise Profile of Shanghai Yaolu Technology Co., Ltd.
4.5.2 Funding of Shanghai Yaolu Technology Co., Ltd.
4.6 Hellobike (Shanghai Junzheng Network Technology Co., Ltd.)
4.7 DDBIKE (ShenZhen V&T Technologies Co., Ltd.)
4.8 One-step Bike
5 Analysis of Costs and Prices in China Bicycle Sharing Industry, 2015-2017
5.1 Cost Analysis of Bicycle Sharing
5.2 Price Analysis of Bicycle Sharing Industry in China
6 Forecast on Development of Bicycle Sharing Industry in China, 2017-2021
6.1 Factors Influencing Development of Bicycle Sharing Industry in China
6.1.1 Major Driving Forces and Market Opportunities in Bicycle Sharing in China
6.1.2 Challenges and Threats in Bicycle Sharing Industry in China
6.2 Forecast on Supply in Bicycle Sharing Industry in China, 2017-2021
6.2.1 Forecast on Amount of Supply of Bicycle Sharing in China
6.2.2 Forecast on Production Structure of Bicycle Sharing in China
6.3 Forecast on Demand in Bicycle Sharing Market in China, 2017-2021
6.3.1 Forecast on User Base of Bicycle Sharing in China, 2017-2021
Selected Charts
Chart GDP and Disposable Income Per Capita in China, 2012-2021
Chart Disposable Income of Urban Residents in China, 2011-2016
Chart Laws and Regulations in China Bicycle Sharing Industry
Chart Scale of User Base of Bicycle Sharing in China, 2015-2021
Chart Market Size of Bicycle Sharing in China, 2015-2021
Chart Funding of ofo Bicycle Sharing
Chart Funding of Mobike
Chart Funding of Hangzhou QIBEI Technology Limited
Chart Funding of U-Bicycle
Chart Funding of Hellobike
Chart China Bicycle PPI
Chart Charging Standards of Bicycle Sharing in China, 2017
Chart Deposits of Bicycle Sharing in China, 2017
Chart Taxi Fares in First -tier Cities in China, 2017
Chart Forecast on Market Size of Bicycle Sharing in China, 2017-2021
Chart Forecast on Scale of User Base of Bicycle Sharing in China, 2017-2021

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