Global Motorcycle Rental Market 2024-2028

Global Motorcycle Rental Market 2024-2028

The motorcycle rental market is forecasted to grow by USD 354.4 mn during 2023-2028, accelerating at a CAGR of 15.42% during the forecast period. The report on the motorcycle rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in road-trip tourism, rise in motorcycle tourer communities and events, and increase in congestion and overcrowding in cities.

Technavio's motorcycle rental market is segmented as below:

By Product

• Commuter motorcycles
• Luxury motorcycles

By Application

• Motorcycle tourism
• Commutes

By Geography

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the rise in popularity of renting motorcycles through e-commerce as one of the prime reasons driving the motorcycle rental market growth during the next few years. Also, growing dependence on technology to increase customer base and growing partnerships by motorcycle rental companies to increase product portfolio will lead to sizable demand in the market.

The report on the motorcycle rental market covers the following areas:

• Motorcycle rental market sizing
• Motorcycle rental market forecast
• Motorcycle rental market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motorcycle rental market vendors that include Aloha MotorSports, AutoEurope LLC, BikesBooking, Edelweiss Bike Travel, Harley Davidson Inc., Hertz Global Holdings Inc., IMTBIKE TOURS SL, J.C. Bromac Corp., Kizuki Co. Ltd., Krabi Moto Rentals, MotoDreamer, MotoQuest, MOTOROADS Sole Trade Ltd., Orange and Black, Polaris Inc., Rentrip Services Pvt Ltd., Riders Share Inc., Royalbison Autorentals India Pvt. Ltd, SMTOURS d.o.o., and West Coast Motorcycle Hire. Also, the motorcycle rental market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.