Market Snapshot:
A motorcycle rental or motorcycle hire business is a motorcycle shop or other business that rents a motorcycle for short periods of time usually for a few hours for a fee. Motorcycle rental primarily serves people who don’t have access to a motorcycle, usually travellers or tourist. Motorcycle rental business typically operates at beaches, parks, or other locations that traveller frequent. Motorcycle rental is usually on the hour, day, and the weekly basis or sometimes monthly basis. Additionally, motorcycle rental business is also for localized people who want to explore the new places and want to enjoy rides.
Highlights from Motorcycle Rental Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.85% |
The key Vendors profiled in the report are driatic Moto Tours (Slovenia), EagleRider (United States), Hertz Ride (Portugal), Motoroads (Bulgaria), Wheelstreet (India), Dubbelju Motorcycle Rentals (United States), Harley-Davidson (United States), Kizuki Rental Service (Rental 819) (Japan), MotoQuest (United States) and Wickedride Adventure Services (India). Additionally, other players that are part of this comprehensive study are Blue Sky Motorcycle Rentals, Inc. (United States), Liberty Motorcycle Rentals, LLC (United States), Rent 2 Own (Myanmar) Ltd (Myanmar), Charles Hurst Honda (United Kingdom) and Chester Group Ltd. (United States).
Geographic Breakdown and Segment Analysis
The Global Motorcycle Rental market presents a comprehensive analysis of the Motorcycle Rental market by product type (Luxury Motorcycle and Commonly Motorcycle), by end-user/application (Motorcycle Tourism and Commuter), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Motorcycle Rental industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Motorcycle Rental market
Analyst at AMA have segmented the market study of Global Motorcycle Rental market by Type, Application and Region.
Influencing Trend:
General Trend of Renting Utilitarian Items through E-Commerce
Market Growth Drivers:
Increase in Road-Trip Tourism, Rise in Motorcycle Tourer Communities and Events and Increase in Congestion and Overcrowding In Cities
Challenges:
Rise In On-Demand Taxi Operators
Restraints:
Inventory Damage and Repair
Opportunities:
Emerging Demand from Developed & Developing Regions and Growing Tourism Industry
On 27 Feb 2018, EagleRider, the global leader in motorcycle rental and travel, has announced to offer its services at Las Vegas Harley-Davidson starting March 1st, 2018. Located on the famed Las Vegas Strip, EagleRider’s new location will give even more Sin City visitors the opportunity to experience this one-of-a-kind destination and to access the entire desert southwest on two wheels.
Key Target Audience
Motorcycle Rental Manufacturers, Motorcycle Rental Distributors/Traders/Wholesalers, Motorcycle Rental Subcomponent Manufacturers, Industry Association and Downstream Vendors