South Korea Motorcycle Rental Market Size & Outlook
The motorcycle rental market in South Korea is expected to reach a projected revenue of US$ 21.8 million by 2030. A compound annual growth rate of 11.7% is expected of South Korea motorcycle rental market from 2025 to 2030.
Revenue, 2024 (US$M)
$11.4
Forecast, 2030 (US$M)
$21.8
CAGR, 2025 - 2030
11.7%
Report Coverage
South Korea
Related Markets
South Korea motorcycle rental market highlights
- The South Korea motorcycle rental market generated a revenue of USD 11.4 million in 2024 and is expected to reach USD 21.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 11.7% from 2025 to 2030.
- In terms of segment, commuter motorcycles was the largest revenue generating product in 2024.
- Luxury Motorcycles is the most lucrative product segment registering the fastest growth during the forecast period.
Motorcycle rental market data book summary
| Market revenue in 2024 | USD 11.4 million |
| Market revenue in 2030 | USD 21.8 million |
| Growth rate | 11.7% (CAGR from 2025 to 2030) |
| Largest segment | Commuter motorcycles |
| Fastest growing segment | Luxury Motorcycles |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commuter Motorcycles, Luxury Motorcycles |
| Key market players worldwide | Edelweiss Bike Travel, Harley-Davidson Inc, RenTrip, Auto Europe, Riders Share, Hertz Global Holdings Inc Ordinary Shares (New) |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.0% of the global motorcycle rental market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China motorcycle rental market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.1 million by 2030.
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Motorcycle Rental Market Scope
Motorcycle rental market segmentation & scope
Motorcycle Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Riders Share | View profile | 1-10 | Austin, Texas, United States, North America | https://www.riders-share.com |
| Auto Europe | View profile | 251-500 | Portland, Maine, United States, North America | http://www.autoeurope.com/ |
| RenTrip | View profile | 1-10 | Fatehpur, Uttar Pradesh, India, Asia | https://www.rentrip.in |
| Edelweiss Bike Travel | View profile | 51-100 | Mieming, Tirol, Austria, Europe | https://www.edelweissbike.com |
| Hertz Global Holdings Inc Ordinary Shares (New) | View profile | 27000 | 8501 Williams Road, Estero, FL, United States, 33928 | https://www.hertz.com |
| Harley-Davidson Inc | View profile | 6400 | 3700 West Juneau Avenue, Milwaukee, WI, United States, 53208 | https://www.harley-davidson.com |
South Korea motorcycle rental market size, by product, 2018-2030 (US$M)
South Korea Motorcycle Rental Market Outlook Share, 2024 & 2030 (US$M)
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