Latin America Bike And Scooter Rental Market Size & Outlook

The bike and scooter rental market in Latin America is expected to reach a projected revenue of US$ 1,030.6 million by 2030. A compound annual growth rate of 16.2% is expected of Latin America bike and scooter rental market from 2024 to 2030.
Revenue, 2023 (US$M)
$359.9
Forecast, 2030 (US$M)
$1,030.6
CAGR, 2024 - 2030
16.2%
Report Coverage
Latin America

Latin America bike and scooter rental market, 2018-2030 (US$M)

Latin

Latin America bike and scooter rental market highlights

  • The Latin America bike and scooter rental market generated a revenue of USD 359.9 million in 2023.
  • The market is expected to grow at a CAGR of 16.2% from 2024 to 2030.
  • In terms of segment, pedal was the largest revenue generating propulsion in 2023.
  • Pedal is the most lucrative propulsion segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 359.9 million
Market revenue in 2030USD 1,030.6 million
Growth rate16.2% (CAGR from 2023 to 2030)
Largest segmentPedal
Fastest growing segmentPedal
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPedal


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.5% of the global bike and scooter rental market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,414.7 million by 2030.

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Bike and Scooter Rental Market Scope

Bike and scooter rental market segmentation & scope
Pedal
Electric
Gasoline
Vehicle Type
Bike
Scooter
Service
Pay-as-you go
Subscription Based
Countries
U.S.
Canada
Mexico
Germany
France
Italy
Denmark
UK
Spain
Norway
Australia
China
India
Japan
Thailand
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Bike and Scooter Rental Market Companies

Name Profile # Employees HQ Website

Latin America bike and scooter rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bike and scooter rental market will help companies and investors design strategic landscapes.


Pedal was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America bike and scooter rental market based on pedal covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America bike and scooter rental market databook

  • Our clientele includes a mix of bike and scooter rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bike and scooter rental market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bike and scooter rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America bike and scooter rental market

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