April 2025
Senior Research Analyst
Reviewed By
The bike and scooter rental market is forecasted to expand from USD 7.60 billion in 2025 to USD 30.83 billion by 2034, growing at a CAGR of 16.83% from 2025 to 2034.
The bike and scooter rental market is a crucial branch of the automotive services industry. This industry deals in providing renting services based on two-wheelers in different parts of the globe. There are different types of vehicles used in this sector comprising of bike and scooters. These vehicles are based on numerous types of propulsion including pedal, electric, gasoline and some others. The rising government initiatives to curb CO2 emission in the environment along with rapid urbanization in different regions of the world is crucial for the industrial expansion. This market is expected to rise significantly with the growth of the e-mobility sector around the world.
Metric | Details |
Market Size in 2024 | USD 6.51 Billion |
Projected Market Size in 2034 | USD 30.83 Billion |
CAGR (2025 - 2034) | 16.83% |
Leading Region | Asia Pacific |
Market Segmentation | By Vehicle, By Propulsion, By Service and By Region |
Top Key Players | Nextbike, Cityscoot, Mobike, Spin, Scoot, Lyft |
Key Growth Drivers | Government initiatives for CO2 reduction, rapid urbanization, rise in e-mobility sector |
In January 2025, Teodor Rachev, the head of Bolt operations in Bulgaria announced that, “The launch of Bolt in Plovdiv adds an important missing element to the company’s micro-mobility network in the country. We are confident that our scooters will make a positive contribution to the city’s transport infrastructure and will enable people to enjoy and explore the dynamic atmosphere of Bulgaria’s cultural capital.”
Asia Pacific held the largest share of the bike and scooter rental market. The growing demand for sustainable transportation in countries such as China, India, Singapore and some others has boosted the market growth. Also, the rapid urbanization in this region coupled with rising adoption of e-bikes is crucial for the industrial expansion. Moreover, the presence of numerous rental companies including RentoMojo, VOGO, LUUP, City Scoot and some others is projected to boost the market growth in this region.
The bike and scooter rental market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Lime, Nextbike, Cityscoot, Mobike, Spin, Scoot, Lyft, Skip and some others. These companies are constantly engaged in providing rental services based on bike and scooters and adopting numerous strategies to maintain their dominance in this industry.
By Vehicle
By Propulsion
By Service
By Region
April 2025
March 2025
March 2025
March 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
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