North America Electric Two-Wheeler Sharing Market by Vehicle, Model, Country, Growth, and Demand Forecast, 2013–2023

The North American electric two-wheeler sharing market is projected to grow considerably in the coming years, owing to growing demand for quick and affordable last-mile connectivity,ease of availability, improvements in the energy storage systems, and significant technological advancements needed for efficient fleet management and vehicle sharing systems.

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Based on the vehicle, the North American electric two-wheeler sharing market has been categorized into scooters, kick-scooters, bikes, and others. The bikes category had a significant share in the market in 2017, owing to their early introduction as compared to other categories. In addition, heavy investments made by leading vehicle-sharing companies into electric bike-sharing start-ups is further expected to boost the market during the forecast period.

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The growth of the North American electric two-wheeler sharing market is predominantly driven by rising demand for quick and low-cost last-mile connectivity, ease of availability of the shared electric two-wheelers in the region, advancements in the energy storage systems, and technological innovations in sharing business models.

With the electric two-wheeler sharing being cheap and quick and also being a hit in the region(especially in the U.S.), the number of such start-ups are increasing rapidly,and so is the number of electric two-wheelers swarming on roads. Such a sudden unstructured influx of electric two-wheelers could have a negative impact on the market. As the high growth of vehicle sharing business models could out-turn the loss of sidewalks and streets for the non-riders and increased congestion on the streets and sidewalks, it could prove challenging for the business owners to manage the efficient operation of such sharing models.

The North American electric two-wheeler sharing market is dominated by the vehicle sharing start-ups and is marked by the growing number of acquisitions, and financial backings or investments. Some of the key players in the market are Scoot Networks, Skip Scooters, Bird Rides Inc., Lime, and Spin (formerly known as Skinny Labs Inc.).

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