Bike and Scooter Rental Market Report: Trends, Forecast and Competitive Analysis to 2030

Bike and Scooter Rental Market Report: Trends, Forecast and Competitive Analysis to 2030

Bike and Scooter Rental Trends and Forecast

The future of the global bike and scooter rental market looks promising with opportunities in the bike and scooter markets. The global bike and scooter rental market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are growing need for affordable transportation options, acceptance of electrically powered vehicles, and increasing demand for micro mobility and emission-free vehicles.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Bike and Scooter Rental by Segment

The study includes a forecast for the global bike and scooter rental by operational mode, service type, propulsion, vehicle type, and region.

Bike and Scooter Rental Market by Operational Mode [Shipment Analysis by Value from 2018 to 2030]:

• Dockless
• Station-Based

Bike and Scooter Rental Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Pay As You Go
• Subscription-Based

Bike and Scooter Rental Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]:

• Pedal
• Electric
• Gasoline

Bike and Scooter Rental Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Bike
• Scooter
• Others

Bike and Scooter Rental Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bike and Scooter Rental Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bike and scooter rental companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bike and scooter rental companies profiled in this report include-

• Lime
• Jump
• Bird
• Grow Mobility
• nextbike
• Cityscoot
• COUP

Bike and Scooter Rental Market Insights

Lucintel forecasts that dockless is expected to witness the higher growth over the forecast period due to the increased geographic reach, user freedom in picking up and dropping off bikes, and reduced hardware requirements for inventory security and management.

APAC is expected to witness highest growth over the forecast period due to knowledge of the advantages of renting a car and growing pollution in traffic owing to the growing number of cars.

Features of the Global Bike and Scooter Rental Market

Market Size Estimates: Bike and scooter rental market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bike and scooter rental market size by various segments, such as operational mode, service type, propulsion, vehicle type, and region in terms of value ($B).

Regional Analysis: Bike and scooter rental market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different operational mode, service type, propulsion, vehicle type, and regions for the bike and scooter rental market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bike and scooter rental market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the bike and scooter rental market size?

Answer: The global bike and scooter rental market is expected to reach an estimated $6.8 billion by 2030.

Q2. What is the growth forecast for bike and scooter rental market?

Answer: The global bike and scooter rental market is expected to grow with a CAGR of 15.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the bike and scooter rental market?

Answer: The major drivers for this market are growing need for affordable transportation options, acceptance of electrically powered vehicles, and increasing demand for micro mobility and emission-free vehicles.

Q4. What are the major segments for bike and scooter rental market?

Answer: The future of the global bike and scooter rental market looks promising with opportunities in the bike and scooter markets.

Q5. Who are the key bike and scooter rental market companies?

Answer: Some of the key bike and scooter rental companies are as follows:

• Lime
• Jump
• Bird
• Grow Mobility
• nextbike
• Cityscoot
• COUP

Q6. Which bike and scooter rental market segment will be the largest in future?

Answer: Lucintel forecasts that dockless is expected to witness the higher growth over the forecast period due to the increased geographic reach, user freedom in picking up and dropping off bikes, and reduced hardware requirements for inventory security and management.

Q7. In bike and scooter rental market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to knowledge of the advantages of renting a car and growing pollution in traffic owing to the growing number of cars.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the bike and scooter rental market by operational mode (dockless and station-based), service type (pay as you go and subscription-based), propulsion (pedal, electric, and gasoline), vehicle type (bike, scooter, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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