North America Bike Sharing Market Growth, Size, Revenue Analysis, Top Leaders and Forecast 2032

North America Bike Sharing Market to Reach USD 662.24 Million by 2032, Fueled by IT-Based Systems, Urban Mobility Needs, and Sustainability Goals The North America Bike Sharing Market is experiencing robust growth as cities across the United States, Canada, and Mexico increasingly adopt shared micromobility solutions to address urban congestion, environmental concerns, and first- and last-mile connectivity challenges. According to the latest industry analysis, the market was valued at USD 437.11 million in 2024 and is projected to reach USD 662.24 million by 2032, registering a compound annual growth rate (CAGR) of 5.33% during the forecast period (2025–2032). In 2024, North America accounted for approximately 11% of the global bike sharing market, underscoring its growing importance within the global shared mobility ecosystem. Bike sharing systems in North America are primarily designed for urban environments, providing accessible shared bicycles that complement public transportation networks. These systems enable users to complete short- and long-distance trips, particularly first- and last-mile journeys linking transit hubs to homes, workplaces, and commercial centers. Most bike sharing programs require users to register as members, although some community-based initiatives offer free or subsidized access. The majority of operators in North America rely on membership fees, usage charges, sponsorships, and advertising revenue to sustain operations. Request your sample copy of this report now! https://www.stellarmr.com/report/req_sample/North-America-Bike-Sharing-Market/50 Rapid Growth of IT-Based Bike Sharing Systems One of the key drivers of the North America Bike Sharing Market is the rapid expansion of information technology (IT)-based bike sharing systems. These systems allow users to locate, unlock, and pay for bicycles through mobile applications and digital platforms, offering seamless and on-demand access. Bikesharing systems typically support both one-way and round-trip travel, with bicycles available at docking stations or as dockless units distributed throughout service areas. Between 2016 and December 2021, North America witnessed significant growth in IT-based public bike sharing programs. During this period, the United States recorded 42 new program launches and three closures, while Canada saw seven launches with no closures, and Mexico recorded five launches with no closures. Although three programs—one in each country—temporarily suspended operations during the 2021 season, the overall trend reflects strong market momentum and long-term confidence in shared cycling infrastructure. By the 2021 season, there were 22 IT-based public bikesharing systems operating in the United States, serving approximately 884,442 users with 7,549 bicycles. Canada operated four IT-based systems, supporting over 197,419 users and 6,115 bicycles, while Mexico had two operators serving 71,611 users with 3,680 bicycles. Notably, casual users accounted for 85.5% of total market share in 2020, highlighting the importance of flexible, short-term access models in driving adoption. Market Trends Amid Shared Micromobility Expansion Shared micromobility—including bike sharing and e-scooters—has become an essential part of North America’s urban transportation landscape. In 2020, 224 cities across North America had at least one bike share or e-scooter system, with 72 cities operating both. This represented a 22% decline compared to 2019, largely due to disruptions caused by the COVID-19 pandemic. Of these cities, 203 were located in the United States, 14 in Mexico, and 7 in Canada. All 129 e-scooter systems operating in 2020 were dockless and electric, while the 167 bike sharing systems included a mix of docked, dockless, and hybrid models. Importantly, 44% of cities with bike share programs operated fleets that included e-bikes, reflecting a shift toward electrically assisted cycling to improve accessibility and trip range. Despite reduced ridership during the pandemic, several positive trends emerged. Surveys revealed that shared micromobility introduced new users and use cases, with approximately half of agencies and operators reporting an increase in first-time riders, and nearly 60% noting growth in casual or recreational trips. Furthermore, around 20% of operators reported increased usage in equity zones, indicating progress toward inclusive mobility goals. To delve deeper into this research, kindly explore the following link: https://www.stellarmr.com/report/North-America-Bike-Sharing-Market/50 Sustainability and Environmental Impact Bike sharing and shared micromobility play a significant role in reducing greenhouse gas (GHG) emissions. Compared to automobile trips, shared micromobility reduces emissions by 100% for pedal bikes, 97% for e-bikes, and 98% for e-scooters. In 2020 alone, shared micromobility trips in North America offset approximately 29 million pounds of CO₂ emissions by replacing car trips. During the same year, North Americans took an estimated 83.4 million trips on shared micromobility vehicles, representing just over half of total trips recorded in 2019. E-scooters accounted for slightly more than one-third of trips, while pedal bikes and e-bikes comprised nearly two-thirds. Notably, e-bike trips increased from 7 million in 2019 to nearly 10 million in 2020, even as overall trip volumes declined due to pandemic-related restrictions. Growth of E-Bikes and Fleet Expansion In 2020, North Americans had access to approximately 169,000 shared micromobility vehicles, representing about 87% of the fleet size available in 2019. While the number of e-scooters declined by 31%, the total number of bikes increased—particularly e-bikes. The number of shared e-bikes nearly doubled, rising from 12,000 in 2019 to 23,000 in 2020. The proportion of bike sharing systems deploying e-bikes grew from 28% in 2019 to 44% in 2020, reflecting strong demand for electric assistance. E-bikes also demonstrated higher performance metrics, with an average trip distance of 2.0 miles, compared to 1.2 miles for conventional pedal bikes. On average, shared micromobility vehicles were used 1.6 times per service day, with trips lasting around 17 minutes and averaging 1.3 miles in length. P2P Bike Sharing Dominates Market Segmentation Within the North America Bike Sharing Market, the peer-to-peer (P2P) bike sharing segment dominates in terms of market share. P2P platforms allow individual bike owners to rent their bicycles directly to other users, facilitated by mobile applications and digital marketplaces. A notable example is Spinlister, which operates a global P2P bicycle rental platform across more than 40 countries and provides insurance coverage for listings in the U.S. and Canada. Technological innovation continues to enhance the P2P model. In 2024, BitLock introduced a smartphone-enabled, keyless bike lock, enabling owners to share bikes with single or multiple users securely. Such innovations are expected to further drive adoption of decentralized bike sharing models. Evolving Membership Models and Market Outlook North America bike sharing operators are also introducing new membership structures to attract occasional riders. Programs such as BIXI Montreal’s “occasional” membership offer discounted 24-hour passes and extended free ride periods, improving convenience for users who do not ride frequently enough to justify annual memberships. Similar initiatives are under consideration by systems such as Nice Ride Minnesota and Capital Bikeshare. Looking ahead, continued system expansion and densification are expected across major cities. Large-scale programs such as New York’s Citi Bike, Houston’s bike share expansion, and the San Francisco Bay Area’s multi-city rollout demonstrate the growing role of bike sharing as an integrated, low-cost urban transportation solution. Competitive Landscape The North America Bike Sharing Market features a competitive mix of established operators and emerging players, including Divvy, Citi Bike, Bixi, Nice Ride, Bluebikes, Lime, Jump Bikes, and Motivate. Companies are pursuing both organic growth strategies—such as new product launches and technology upgrades—and inorganic strategies, including partnerships, collaborations, and acquisitions. Check Out the Latest Trends : North America Motorcycle Market https://www.stellarmr.com/report/North-America-Motorcycle-Market/760 Europe Commercial Vehicle Rental And Leasing Market https://www.stellarmr.com/report/Europe-Commercial-Vehicle-Rental-And-Leasing-Market/860 Conclusion With rising urbanization, strong sustainability objectives, and rapid technological advancements, the North America Bike Sharing Market is poised for sustained growth through 2032. Continued investments in e-bikes, IT-enabled platforms, equitable pricing, and community engagement will further strengthen bike sharing’s role as a vital component of modern urban mobility systems across the region. 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