ASEAN Two-Wheeler Rental - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The aSEAN two-Wheeler rental market size was valued at USD 1.89 billion in 2025 and is estimated to grow from USD 2.04 billion in 2026 to reach USD 2.74 billion by 2031, at a CAGR of 7.81% during the forecast period (2026-2031). This report is Segmented by Vehicle Type (Motorcycles and Scooters/Mopeds), Rental Duration (Short-Term and Long-Term), Application (Tourism and Daily Commuting), End User (Individual Consumers and More), Distribution Mode (Online Platforms and More), and Geography (Indonesia, Malaysia, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

ASEAN Two-Wheeler Rental Market Trends and Insights

Tourism-Led Demand Rebound Post-COVID

International arrivals surpassed 2019 levels in 2025, reigniting scooter demand in beach and island destinations. Bali’s motorcycle rentals recovered to pre-pandemic volumes at daily rates of 50,000-150,000 IDR (USD 3.10-9.30), while Phuket operators charge 400-1,800 THB (USD 11-50) per day. Vietnam welcomed 17.5 million visitors in 2024, spurring fleet expansions of 25-30% in Da Nang and Nha Trang. Operators add electric scooters to appeal to eco-minded travelers, as seen in Grab Thailand’s 2024 EV rollout across five cities. Average rental length is stretching from three to six days, boosting revenue per unit and stabilizing offseason cash flow.

Urban Congestion Drives Cost-Effective Commuting

Bangkok commuters lose 61 hours annually in traffic, Manila’s gridlock costs USD 3.5 billion each year, and Jakarta’s average commute exceeds 90 minutes. Ride-hailing motorcycle trips in Indonesia jumped 13% to 9 billion in 2024, with many gig workers shifting to rental plans to avoid upfront purchases. Ho Chi Minh City’s 7 million-plus motorcycles underscore how dense fleets still beat cars in point-to-point speed. Corporate subsidies for delivery riders shrink monthly rental costs by 15-20%, making subscriptions attractive. Xanh SM’s revenue-share model lets drivers keep 80% of fares, pushing their monthly income target above USD 700. These economics cement the ASEAN two-wheeler rental market as a critical pillar of last-mile logistics.

High Accident and Insurance Premiums

Motorcycles cause 43% of ASEAN road deaths, with Indonesia logging 26,000 fatalities in 2024 and Vietnam 10,500, forcing insurers to raise premiums 15-20% on risky corridors. Thailand saw 15,000 motorcycle deaths in 2024, leading insurers to add 5-10 THB per-trip surcharges that cut rental margins by up to 12%. Helmet use below 50% in rural Philippines magnifies claims, says the Asian Development Bank. Operators deploy telematics from DRVR to monitor behavior, cutting theft by 20% and fuel by 26% but also letting underwriters price risk driver-by-driver. This granular pricing can exclude high-risk, low-income riders, undercutting the inclusivity promise of embedded finance.

Other drivers and restraints analyzed in the detailed report include:

• Super-Apps Integrate Two-Wheeler Rentals
• Battery-Swap Ecosystems Slash EV Downtime
• Regulatory Patchwork Across ASEAN

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Scooters and mopeds accounted for 58.16% of revenue in 2025, yet electric models will post 14.92% annual growth, nearly double the ASEAN two-wheeler rental market CAGR. Internal-combustion bikes still cost less up front, but battery-swap savings and looming urban bans are pushing operators to electrify fleets quickly. Motorcycles above 150 cc remain popular for hillier tourist zones, though their 41.84% share is slipping. Grab added 8,500 electric units in Indonesia, targeting 14,000 by 2026, while VinFast plans Indonesian showrooms by mid-2026. OEM-backed platforms undercut stand-alone shops, tightening margins across the ASEAN two-wheeler rental industry.

Electric scooters commanded 62% of the ASEAN two-wheeler rental market size for scooters in 2025 and are forecast to reach 75% by 2031. Their maintenance costs are 25% below those of petrol peers, and battery-swap uptime boosts daily revenue per vehicle by roughly 35%. Operators without capital for fleet replacement risk losing share once city-level ICE bans bite, making financing partnerships critical.

Short-term products, mostly daily rentals to tourists, contributed 64.08% of revenue in 2025. However, long-term subscriptions are expanding at 11.03%, as gig riders prefer predictable weekly or monthly fees that include maintenance, swaps, and insurance. Charged Asia leases e-scooters in Jakarta at 1.2 million IDR (USD 71) per month, with 90% of its 1,500-unit fleet on subscription.

The ASEAN two-wheeler rental market size for subscriptions is projected to climb from USD 0.69 billion in 2026 to USD 1.15 billion by 2031, reflecting a 10.8% CAGR. The lifetime value per bike is 30-40% higher than for ad-hoc hires because utilization gaps shrink and debt service aligns with cash receipts. Platforms with integrated wallets automatically collect dues, slashing default risk.

Complete Report Scope:

• By Vehicle Type
  • Motorcycles
  • Scooters/Mopeds
• By Rental Duration
  • Short-Term
  • Long-Term
• By Application
  • Tourism
  • Daily Commuting
• By End User
  • Individual Consumers
  • Corporate Clients
  • Fleet Operators
• By Distribution Mode
  • Online Platforms
  • Offline Rental Agencies
• By Geography
  • Indonesia
  • Malaysia
  • Singapore
  • Philippines
  • Thailand
  • Vietnam
  • Myanmar
  • Rest of ASEAN

List of Companies Covered in this Report:

• Grab Holdings Ltd.
• GoTo Group (Gojek)
• Angkas Holdings Inc.
• JoyRide Logistics and Transport Inc.
• Move It Philippines
• Be Group JSC
• Xanh SM (GSM JSC)
• Swap Energi Indonesia
• Electrum JV
• STROM EV Co. Ltd.
• Motorvina Co. Ltd.
• Viar Motor Indonesia
• Smoot (Kilats)
• Migo Bike Indonesia
• Beam Mobility Holdings
• GrabRentals Pte Ltd.
• Bird Rides Singapore Pte Ltd.
• TRYKE
• Skoot

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support