Global Motorcycle Rentals Market to Reach US$819.2 Million by 2030
The global market for Motorcycle Rentals estimated at US$328.0 Million in the year 2023, is expected to reach US$819.2 Million by 2030, growing at a CAGR of 14.0% over the analysis period 2023-2030. Commuter Motorcycles Rentals, one of the segments analyzed in the report, is expected to record a 13.5% CAGR and reach US$511.9 Million by the end of the analysis period. Growth in the Luxury Motorcycles Rentals segment is estimated at 14.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$89.4 Million While China is Forecast to Grow at 18.6% CAGR
The Motorcycle Rentals market in the U.S. is estimated at US$89.4 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$181.6 Million by the year 2030 trailing a CAGR of 18.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.6% and 12.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.
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