Mexico Bike Sharing Market: Industry Analysis and Forecast (2024-2030) by Bike Type, Bike Model, Sharing System, and Region.

  • Mexico Bike Sharing Market size was valued at US$ 42.90 Million in 2023 and the total Mexico Bike Sharing Market revenue is expected to grow at 4.87% through 2023 to 2030, reaching nearly US$ 57.06 Million.

  • Format : PDF | Report ID : SMR_98

Mexico Bike Sharing Market Overview:

EcoBici, Mexico City's public bike sharing scheme, has been launched as a complementary mode of transportation to public transportation. Citizens and visitors can use bicycles for free if they register and pay a small, inexpensive cost for a specified period of time (one year, one week, three days or one day). Customer service centres, as well as many modules and stalls located across the city, are available for registration. Users who register obtain an EcoBici card, which allows them to borrow a bike from a designated bike station, ride it about, and return it to the next closest station within 45 minutes. If this period is surpassed, there will be an extra charge.


Mexico Bike Sharing Market


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Mexico Bike Sharing Market Dynamics:

EcoBici, Mexico City's bike-sharing programme, began in 2010 with the goal of increasing cycling while also lowering traffic congestion and transportation-related greenhouse gas emissions. When users register and pay a nominal price, bikes located at many stations can be utilized for transportation within the city. Since the program's inception in 2010, customer demand has risen significantly in line with the expansion of bike and bike station infrastructure, which now covers roughly 35 kilometers2. The initiative began with approximately 84 bike stations and 1,200 bicycles. By 2020, the number of bike stations had expanded to 484, with over 5200 bikes available for the over 100,000 users. . In addition, nearly 300 kilometres of new bike lanes have been built across the federal area of Mexico City. These new bike pathways serve not only EcoBici users, but other bikers in the city as well.


A standard one-day membership costs around 90 pesos (5.6 Euros), according to the EcoBici webpage in 2020, while an annual membership costs around 400 pesos (25 Euros). Bike stations are frequently positioned near public transportation stops, allowing for a seamless integration of modes of commuting.


The study, which was completed in 2019, also predicted that EcoBici's advantages will expand in the coming years. The total reduction in carbon dioxide emissions from 2020 to 2030 is anticipated to be 3,641 TonCO2eq, or the equivalent of planting 10,938 trees over the same time period. The EcoBici system is planned to grow over time, so emission reductions are predicted to increase on an annual basis. Local financing source of EcoBici - the capital investment for EcoBici was supported entirely by Mexico City's general budget, and each bike cost around 3,400 Euros. The average operational cost per trip is estimated to be around 12 Euros.


P2P bike sharing is the dominating segment in the Mexico bike sharing market as P2P is the only cost budgeted option for the poor demographics of the Mexico city. P2P bike sharing costs average of 25 Euros which is quite efficient comparing to station based bikes.


Mexico City's government has introduced EcoBici. SEDEMA, Mexico City's Ministry of the Environment, manages and implements the project. The system is managed by a commercial corporation called "Clear Channel," which was hired by SEDEMA to carry out the project.


Government of Mexico City Plans for Bike Sharing:



Temporary 7 days


Temporary 3 days


Temporary 1 days



Mexico Bike Sharing Market Scope:

Mexico Bike Sharing Market

Market Size in 2023

USD 42.90 Mn.

Market Size in 2030

USD 59.84 Mn.

CAGR (2024-2030)


Historic Data


Base Year


Forecast Period


Segment Scope

by  Bike Type

  • E-bikes       
  • Conventional bikes

by Model

  • Free-floating
  • P2P
  • Station based

by Sharing System  

  • Dockless       
  • Docked       
  • Hybrid

Mexico Bike Sharing Market Players

  • Ecobici

Frequently Asked Questions

Mexico Bike Sharing Market revenue is expected to grow at 4.87% through 2024 to 2030

Chapter 1 Scope of the Report
Chapter 2 Research Methodology

      2.1. Research Sharing System
      2.2. Mexico Bike Sharing Market: Target Audience
      2.3. Mexico Bike Sharing Market: Primary Research (As per Client Requirement)
      2.4. Mexico Bike Sharing Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape

      4.1. Market Share Analysis, By Value, 2023-2030
            4.1.1. Mexico Market Share Analysis, By Bike Type, By Value, 2023-2030 (In %)
            4.1.2. Mexico Market Share Analysis, By Model, By Value, 2023-2030 (In %)
            4.1.3. Mexico Market Share Analysis, By Sharing System, By Value, 2023-2030 (In %)
      4.2. Stellar Competition matrix
            4.2.1. Mexico Stellar Competition Matrix
      4.3. Key Players Benchmarking 
            4.3.1. Key Players Benchmarking by Product, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
      4.4. Mergers and Acquisitions in Industry
            4.4.1.  M&A by Region, Value and Strategic Intent
      4.5. Market Dynamics
            4.5.1. Market Drivers
            4.5.2. Market Restraints
            4.5.3. Market Opportunities
            4.5.4. Market Challenges
            4.5.5. PESTLE Analysis
            4.5.6. PORTERS Five Force Analysis
            4.5.7. Value Chain Analysis
Chapter 5 Mexico Bike Sharing Market Segmentation: By Bike Type
      5.1. Mexico Bike Sharing Market, By Bike Type, Overview/Analysis, 2023-2030
      5.2. Mexico Bike Sharing Market, By Bike Type, By Value, Market Share (%), 2023-2030 (USD Million)
      5.3. Mexico Bike Sharing Market, By Bike Type, By Value, - 
            5.3.1. E-bikes
            5.3.2. Conventional bikes
Chapter 6 Mexico Bike Sharing Market Segmentation: By Model
      6.1. Mexico Bike Sharing Market, By Model, Overview/Analysis, 2023-2030
      6.2. Mexico Bike Sharing Market Size, By Model, By Value, Market Share (%), 2023-2030 (USD Million)
      6.3. Mexico Bike Sharing Market, By Model, By Value, - 
            6.3.1. Free-floating
            6.3.2. P2P
            6.3.3. Station based
Chapter 7 Mexico Bike Sharing Market Segmentation: By Sharing System
      7.1. Mexico Bike Sharing Market, By Sharing System, Overview/Analysis, 2023-2030
      7.2. Mexico Bike Sharing Market Size, By Sharing System, By Value, Market Share (%), 2023-2030 (USD Million)
      7.3. Mexico Bike Sharing Market, By Sharing System, By Value, - 
            7.3.1. Dockless
            7.3.2. Docked
            7.3.3. Hybrid
Chapter 8 Company Profiles
      8.1. Key Players
            8.1.1.  Ecobici
         Company Overview
         Bike Type Portfolio
         Financial Overview
         Business Strategy
         Key Developments
      8.2. Key Findings
      8.3. Recommendations

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