Bike and Scooter Rental Market Research, Trends and Forecast by 2034

Bike and Scooter Rental Market Size, Growth and Future Outlook

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.

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Introduction

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.

• According to the Worldometer, the urban population of Australia in 2025 is around 86%.

Highlights of the Bike and Scooter Rental Market

• Asia Pacific held the largest share of the bike and scooter rental market due to the rise in number of rental startups in this region.
• North America is expected to grow with a significant CAGR due to the rapid adoption of E-bikes in this region.
• The bikes segment led the industry due to its enhanced comfort and superior performance as compared to scooters.
• The pay-as-you-go segment held the largest portion of the industry due to its affordability and flexibility.

Key Metrics and Overview

Bike and Scooter Rental: Trends in the Industry

• The rental companies in the Asia-Pacific region are launching affordable services to cater the demand of the people. For instance, in October 2024, Motorshare launched a bike rental service in Daman and Diu, India. This service is launched for accelerating the tourism sector in this UT.
• Several two-wheeler renting brands are collaborating with each other to provide superior rental services in different parts of the world. For instance, in August 2024, Lyft collaborated with Bird. This collaboration is done for launching a scooter rental service in the U.S. region.

Industry Leader Announcement

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.”

Geographical Insights

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.

Competitive Landscape

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.

• According to the annual report of Lyft, the revenue of the company in 2022 was US$ 4095.10 million in 2022 that increased to US$ 4403.60 million in 2023.

Market Segmentations

By Vehicle

• Bike
• Scooter  

By Propulsion

• Pedal
• Electric
• Gasoline

By Service

• Pay-as-you go
• Subscription Based

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa