이륜차 리스 시장 규모, 점유율, 성장 - 업계 분석, 지역별 동향 및 예측(2026-2034년)

Growth Factors of two-wheeler leasing Market

The global two-wheeler leasing market size was valued at USD 6.43 billion in 2025. The market is projected to grow from USD 7.42 billion in 2026 to USD 23.66 billion by 2034, exhibiting a CAGR of 15.6% during 2026-2034. Asia Pacific dominated the market with a 60.81% share in 2025, supported by high two-wheeler ownership, strong last-mile delivery activity, rising EV adoption, and growing demand for flexible mobility services.

Two-wheeler leasing includes motorcycles, scooters, and mopeds offered through short-term rentals, subscriptions, operating leases, financial leases, and commercial fleet models. The market serves individual commuters, students, tourists, delivery riders, logistics companies, food delivery platforms, e-commerce operators, and shared mobility providers. Leasing lowers upfront vehicle costs and can bundle insurance, servicing, maintenance, roadside assistance, battery support, and charging access.

Two-Wheeler Leasing Market Trends

A major trend is the growth of app-based leasing and subscription platforms. Digital services allow users to book, unlock, renew, return, or upgrade vehicles through smartphones. These platforms also help operators track payments, vehicle location, maintenance schedules, and fleet utilization.

In March 2026, Suzuki Motorcycle India partnered with Royal Brothers to offer the e-ACCESS scooter through flexible rental and subscription plans ranging from 24 hours to one year.

Market Drivers

The primary market driver is the expansion of delivery and last-mile logistics fleets. Growing food delivery, grocery delivery, courier, and e-commerce activity is increasing demand for leased two-wheelers, particularly in densely populated urban areas.

Commercial operators prefer leasing because it reduces capital expenditure and enables faster fleet expansion. In December 2024, Zypp Electric completed more than 20.5 million zero-emission deliveries in one year, highlighting the growing role of leased EV fleets in India's delivery ecosystem.

Market Restraints and Challenges

Battery costs and residual-value uncertainty remain major restraints, especially for electric two-wheelers. Leasing providers must account for battery degradation, replacement costs, repair expenses, and uncertain resale values when setting monthly lease rates.

Another challenge is fleet maintenance and utilization pressure. Operators need to keep vehicles insured, charged, serviced, repaired, and available. Theft, accident damage, poor utilization, seasonal demand, and frequent relocation can reduce profitability, particularly in short-term rental and shared mobility models.

Market Opportunities

The expansion of electric two-wheeler leasing creates significant opportunities. Leasing allows riders and businesses to access electric scooters and motorcycles without taking direct ownership of batteries or dealing with high purchase costs.

In May 2024, Zypp Electric raised USD 15 million to support expansion of its EV fleet from 21,000 to 200,000 vehicles across 15 Indian cities, demonstrating the scalability of EV-as-a-service models.

Segmentation Analysis

By two-wheeler type, scooters dominated the market in 2025 due to their suitability for urban commuting, delivery work, tourism, and shared mobility. Motorcycles are projected to grow at a 13.9% CAGR.

By propulsion type, ICE vehicles dominated in 2025, supported by their large installed base and established refueling infrastructure. However, electric two-wheelers are projected to grow at the fastest 25.8% CAGR.

By leasing type, operating leases held the largest share in 2025, supported by subscriptions, fleet-as-a-service, and short-term rental models. Financial leasing is projected to grow at an 8.6% CAGR.

By lease duration, long-term leasing dominated in 2025, while short-term leasing is expected to expand at a 13.9% CAGR.

By end user, commercial users dominated the market, reflecting strong demand from delivery, logistics, and shared mobility companies. Individual users are projected to grow at an 11.6% CAGR.

Regional Outlook

Asia Pacific dominated with a market value of USD 3.91 billion in 2025. India reached USD 1.22 billion, while China stood at USD 0.97 billion.

Europe is projected to reach USD 1.07 billion in 2026, supported by scooter rentals, tourism, and electric mobility services.

Latin America is expected to reach USD 0.69 billion in 2026, with Brazil representing an important market due to delivery and commuter motorcycle use.

The U.S. market was valued at USD 0.23 billion in 2025, while the UAE reached USD 0.14 billion.

Competitive Landscape

Major companies include Yulu Bikes, Zypp Electric, Cityscoot, Gogoro, Neuron Mobility, Moby Bikes, Mottu, Lime, Bird Global, Whizz, Felyx, JOCO, Cooltra, ONN Bikes, and Bolt Mobility Services. Competition centers on electric fleet expansion, digital booking, battery support, maintenance, subscriptions, and commercial fleet partnerships.

Key Industry Developments

In February 2026, Bolt launched 2,000 shared scooters and 150 e-bikes in Liverpool. In October 2025, Shell Foundation partnered with Zypp Electric to expand EV rental solutions in India. In September 2025, Neuron Mobility and Beam Mobility completed their merger. In February 2025, Zypp Electric partnered with Indofast Energy to deploy 100,000 electric two-wheelers.

Conclusion

The two-wheeler leasing market is projected to expand from USD 6.43 billion in 2025 to USD 7.42 billion in 2026 and USD 23.66 billion by 2034, growing at a CAGR of 15.6% during 2026-2034. Market growth will be driven by last-mile delivery, app-based mobility, subscription models, commercial fleet expansion, and rapid electric two-wheeler adoption. However, battery costs, residual-value uncertainty, maintenance expenses, and fleet utilization risks may constrain profitability. Asia Pacific is expected to retain its dominant position due to its massive two-wheeler population, growing gig economy, and rapid adoption of EV leasing models.

Segmentation By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Region

By Two-Wheeler Type

• Scooters
• Motorcycles
• Mopeds

By Propulsion Type

• Internal Combustion Engine (ICE)
• Electric

By Leasing Type

• Operating Lease
• Financial Lease

By Lease Duration

• Short-term
• Long-term

By End User

• Individual
• Commercial

By Geography

• North America (By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Country)
  • U.S. (By Two-Wheeler Type)
  • Canada (By Two-Wheeler Type)
  • Mexico (By Two-Wheeler Type)
• Europe (By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Country)
  • Germany (By Two-Wheeler Type)
  • U.K. (By Two-Wheeler Type)
  • France (By Two-Wheeler Type)
  • Italy (By Two-Wheeler Type)
  • Spain (By Two-Wheeler Type)
  • Rest of Europe (By Two-Wheeler Type)
• Asia Pacific (By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Country)
  • China (By Two-Wheeler Type)
  • India (By Two-Wheeler Type)
  • Indonesia (By Two-Wheeler Type)
  • Vietnam (By Two-Wheeler Type)
  • Thailand (By Two-Wheeler Type)
  • Rest of Asia Pacific (By Two-Wheeler Type)
• Latin America (By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Country)
  • Brazil (By Two-Wheeler Type)
  • Colombia (By Two-Wheeler Type)
  • Rest of Latin America (By Two-Wheeler Type)
• Middle East & Africa (By Two-Wheeler Type, Propulsion Type, Leasing Type, Lease Duration, End User and Country)
  • UAE (By Two-Wheeler Type)
  • South Africa (By Two-Wheeler Type)
  • Rest of Middle East & Africa (By Two-Wheeler Type)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends
• 3.5. Market Challenges

4. Key Insights

• 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Regulatory Landscape
• 4.5. Impact of Tariffs on Global Two-Wheeler Leasing Market

5. Global Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 5.2.1. Scooters
  • 5.2.2. Motorcycles
  • 5.2.3. Mopeds
• 5.3. Market Analysis, Insights and Forecast - By Propulsion Type
  • 5.3.1. Internal Combustion Engine (ICE)
  • 5.3.2. Electric
• 5.4. Market Analysis, Insights and Forecast - By Leasing Type
  • 5.4.1. Operating Lease
  • 5.4.2. Financial Lease
• 5.5. Market Analysis, Insights and Forecast - By Lease Duration
  • 5.5.1. Short-term
  • 5.5.2. Long-term
• 5.6. Market Analysis, Insights and Forecast - By End User
  • 5.6.1. Individual
  • 5.6.2. Commercial
• 5.7. Market Analysis, Insights and Forecast - By Region
  • 5.7.1. North America
  • 5.7.2. Europe
  • 5.7.3. Asia Pacific
  • 5.7.4. Latin America
  • 5.7.5. Middle East & Africa

6. North America Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 6.1.1. Scooters
  • 6.1.2. Motorcycles
  • 6.1.3. Mopeds
• 6.2. Market Analysis, Insights and Forecast - By Propulsion Type
  • 6.2.1. Internal Combustion Engine (ICE)
  • 6.2.2. Electric
• 6.3. Market Analysis, Insights and Forecast - By Leasing Type
  • 6.3.1. Operating Lease
  • 6.3.2. Financial Lease
• 6.4. Market Analysis, Insights and Forecast - By Lease Duration
  • 6.4.1. Short-term
  • 6.4.2. Long-term
• 6.5. Market Analysis, Insights and Forecast - By End User
  • 6.5.1. Individual
  • 6.5.2. Commercial
• 6.6. Market Analysis, Insights and Forecast - By Country
  • 6.6.1. U.S.
    • 6.6.1.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 6.6.2. Canada
    • 6.6.2.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 6.6.3. Mexico
    • 6.6.3.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type

7. Europe Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.1.1. Scooters
  • 7.1.2. Motorcycles
  • 7.1.3. Mopeds
• 7.2. Market Analysis, Insights and Forecast - By Propulsion Type
  • 7.2.1. Internal Combustion Engine (ICE)
  • 7.2.2. Electric
• 7.3. Market Analysis, Insights and Forecast - By Leasing Type
  • 7.3.1. Operating Lease
  • 7.3.2. Financial Lease
• 7.4. Market Analysis, Insights and Forecast - By Lease Duration
  • 7.4.1. Short-term
  • 7.4.2. Long-term
• 7.5. Market Analysis, Insights and Forecast - By End User
  • 7.5.1. Individual
  • 7.5.2. Commercial
• 7.6. Market Analysis, Insights and Forecast - By Country
  • 7.6.1. Germany
    • 7.6.1.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.6.2. U.K.
    • 7.6.2.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.6.3. France
    • 7.6.3.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.6.4. Italy
    • 7.6.4.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.6.5. Spain
    • 7.6.5.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 7.6.6. Rest of Europe
    • 7.6.6.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type

8. Asia Pacific Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.1.1. Scooters
  • 8.1.2. Motorcycles
  • 8.1.3. Mopeds
• 8.2. Market Analysis, Insights and Forecast - By Propulsion Type
  • 8.2.1. Internal Combustion Engine (ICE)
  • 8.2.2. Electric
• 8.3. Market Analysis, Insights and Forecast - By Leasing Type
  • 8.3.1. Operating Lease
  • 8.3.2. Financial Lease
• 8.4. Market Analysis, Insights and Forecast - By Lease Duration
  • 8.4.1. Short-term
  • 8.4.2. Long-term
• 8.5. Market Analysis, Insights and Forecast - By End User
  • 8.5.1. Individual
  • 8.5.2. Commercial
• 8.6. Market Analysis, Insights and Forecast - By Country
  • 8.6.1. China
    • 8.6.1.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.6.2. India
    • 8.6.2.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.6.3. Indonesia
    • 8.6.3.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.6.4. Vietnam
    • 8.6.4.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.6.5. Thailand
    • 8.6.5.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 8.6.6. Rest of Asia Pacific
    • 8.6.6.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type

9. Latin America Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 9.1.1. Scooters
  • 9.1.2. Motorcycles
  • 9.1.3. Mopeds
• 9.2. Market Analysis, Insights and Forecast - By Propulsion Type
  • 9.2.1. Internal Combustion Engine (ICE)
  • 9.2.2. Electric
• 9.3. Market Analysis, Insights and Forecast - By Leasing Type
  • 9.3.1. Operating Lease
  • 9.3.2. Financial Lease
• 9.4. Market Analysis, Insights and Forecast - By Lease Duration
  • 9.4.1. Short-term
  • 9.4.2. Long-term
• 9.5. Market Analysis, Insights and Forecast - By End User
  • 9.5.1. Individual
  • 9.5.2. Commercial
• 9.6. Market Analysis, Insights and Forecast - By Country
  • 9.6.1. Brazil
    • 9.6.1.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 9.6.2. Colombia
    • 9.6.2.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 9.6.3. Rest of South America
    • 9.6.3.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type

10. Middle East & Africa Two-Wheeler Leasing Market Analysis, Insights and Forecast, 2021-2034

• 10.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 10.1.1. Scooters
  • 10.1.2. Motorcycles
  • 10.1.3. Mopeds
• 10.2. Market Analysis, Insights and Forecast - By Propulsion Type
  • 10.2.1. Internal Combustion Engine (ICE)
  • 10.2.2. Electric
• 10.3. Market Analysis, Insights and Forecast - By Leasing Type
  • 10.3.1. Operating Lease
  • 10.3.2. Financial Lease
• 10.4. Market Analysis, Insights and Forecast - By Lease Duration
  • 10.4.1. Short-term
  • 10.4.2. Long-term
• 10.5. Market Analysis, Insights and Forecast - By End User
  • 10.5.1. Individual
  • 10.5.2. Commercial
• 10.6. Market Analysis, Insights and Forecast - By Country
  • 10.6.1. UAE
    • 10.6.1.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 10.6.2. Saudi Africa
    • 10.6.2.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type
  • 10.6.3. Rest of Middle East & Africa
    • 10.6.3.1. Market Analysis, Insights and Forecast - By Two-Wheeler Type

11. Competitive Analysis

• 11.1. Key Industry Developments
• 11.2. Global Market Rank Analysis (2025)
• 11.3. Competitive Dashboard
• 11.4. Comparative Analysis - Major Players
• 11.5. Company Profiles
  • 11.5.1. Yulu Bikes Pvt. Ltd. (India)
  • 11.5.2. Zypp Electric (India)
  • 11.5.3. Cityscoot (France)
  • 11.5.4. Gogoro Inc. (Taiwan)
  • 11.5.5. Neuron Mobility (Singapore)
  • 11.5.6. Moby Bikes (Ireland)
  • 11.5.7. Mottu (Brazil)
  • 11.5.8. Lime Micromobility (U.S.)
  • 11.5.9. Bird Global, Inc. (U.S.)
  • 11.5.10. Whizz (U.S.)
  • 11.5.11. Felyx (Netherlands)
  • 11.5.12. JOCO (U.S.)
  • 11.5.13. Cooltra (Spain)
  • 11.5.14. ONN Bikes (India)
  • 11.5.15. Bolt Mobility Services (Estonia)