According to a market report by Lucintel, the future of the global motorcycle rental market looks promising with opportunities in the motorcycle tourism and commute applications. The global motorcycle rental market is expected to reach an estimated $0.37 billion by 2028 with a CAGR of 9.8% from 2023 to 2028. The major drivers for this market are the continuous rise in price of luxury bikes and two-wheelers, growing interest in several motorcycle racing events, and increasing popularity of road-trip tourism.

In this market, luxury and common are the two types of motorcycle rental used by various riders. Lucintel forecasts that common motorcycle segment is expected to witness higher growth over the forecast period due to growing demand for electric vehicles and extensive demand for traditional two-wheeled motor vehicles for transportation and entertainment on roads and highways.
Within this market, motorcycle tourism will remain the largest segment due to the increasing popularity of bike tourism to explore various cultures, sceneries, and cuisine on two wheels.
APAC is expected to witness highest growth over the forecast period due to rising percentage of disposable income, growing popularity for bike tourism among India’s young population, and increasing preference for adventure riding among various countries, such as India, China, and Thailand.

Adriatic Moto Tours, EagleRider, Harley-Davidson, MotoQuest, Motoroads, Rental 819, and Hertz are the major suppliers in the global motorcycle rental market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]