SCOOTER RENTAL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global scooter rental market has been witnessing significant growth in the recent years. Scooter rental services provide users an affordable, flexible, and convenient mode of transportation within cities. With growing traffic congestion and pollution levels in major cities worldwide, shared mobility solutions like scooter rentals are gaining widespread popularity. More people are opting for scooter rentals for short commute journeys as it allows them to avoid traffic and parking issues. Various scooter rental startups are leveraging advanced technologies like IoT and mobile apps to enhance customer experience and make services easily accessible. The market is expected to further expand with the growing adoption of electric scooters and expansion of rental fleets to new cities.

Market Dynamics:

Rising environmental concerns about traffic pollution and congestion have emerged as key drivers for the scooter rental market. Moreover, the market is also witnessing lucrative opportunities due to growing preference of millennials for shared mobility solutions and on-demand services. Scooter rental providers are enhancing customer experience through GPS enabled fleets and mobile apps to boost revenues. However, issues regarding safety, vandalism, and lack of proper regulations continue to restrain the faster adoption of scooter rentals. In addition, high purchase and operating costs pose challenges for new entrants in the market. Nonetheless, increasing investments in the development of electric scooter models and expansion of services to emerging economies are expected to create new avenues for scooter rental businesses over the coming years.

Key Features of the Study:

• This report provides in-depth analysis of the global scooter rental market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global scooter rental market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Bird Rides, Inc., Bolt, Circ, Dott, Lime, LimeBike, Lyft, Inc., Massive Mobility, Pony, Razor USA LLC, Scoot Networks, Spin, Superpedestrian, TIER Mobility, and Voi Technology
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global scooter rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global scooter rental market

Detailed Segmentation-

• By Scooter Type Insights (Revenue, USD Bn, 2019 - 2031)
• • Electric Scooters
  • Gas-Powered Scooters
• By Power Insights (Revenue, USD Bn, 2019 - 2031)
• • Less than 3 kW
  • 3 kW to 6 kW
  • More than 6 kW
• By Application Insights (Revenue, USD Bn, 2019 - 2031)
• • Tourism
  • Last-Mile Delivery
  • Commuting

• By Regional Insights (Revenue, USD Bn 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Bird Rides, Inc.
  • Bolt
  • Circ
  • Dott
  • Lime
  • LimeBike
  • Lyft, Inc.
  • Massive Mobility
  • Pony
  • Razor USA LLC
  • Scoot Networks
  • Spin
  • Superpedestrian
  • TIER Mobility
  • Voi Technology