Vietnam Motorcycle Rental Market Size, Share, Trends and Forecast 2025-2033

The Vietnam Motorcycle Rental Market size was USD 1.28 Million in 2024 and is projected to reach USD 2.99 Million by 2033, growing at a CAGR of 8.88% during the 2025-2033 forecast period. This growth is driven by Vietnam's rapid emergence as a top global tourism destination, increased adoption of electric motorcycles, expansion of bike-sharing platforms, and the integration of digital and smartphone technologies. The rising importance of sustainable transport and charging infrastructure expansion further support market development.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Vietnam Motorcycle Rental Market Key Takeaways

• Current Market Size: USD 1.28 Million in 2024
• CAGR: 8.88% (2025-2033)
• Forecast Period: 2025-2033
• Vietnam is experiencing explosive tourism growth with 13.9 million overseas visitors in the first eight months of 2025, increasing 21.7% over the previous year.
• Government policies such as eased visa rules and increased flights to key destinations enhance tourist inflows.
• The electric motorcycle sector is rapidly expanding, with a national goal to have 25% of two-wheelers electric by 2030.
• Industry innovations include interoperable battery swap stations improving electric motorcycle rental feasibility.
• Digitalized services like app-based bookings and GPS navigation are improving convenience and security for renters.

Sample Request Link: https://www.imarcgroup.com/vietnam-motorcycle-rental-market/requestsample

Market Growth Factors

Motorcycle rentals grow into a business in Vietnam as Vietnam grows toward the world's fastest tourist destination. In the first eight months of 2025, Vietnam welcomed 13.9 million foreign tourists, a 21.7% increase from the previous year. The motorcycle industry saw benefits from the trend. Motorcycles are flexible as well as inexpensive means of transport. The vehicles have use in urban areas and the countryside. Government initiatives to stimulate tourism have also benefited the motorcycle industry.

Increased sustainable transport is part of the market growth, with Vietnam targeting net-zero emissions by 2050, and 25% of two-wheelers being electric by 2030. The initiative is part of the Ho Chi Minh City proposal to convert all 400,000 petrol motorbikes used by delivery workers to electric vehicles, in line with the city's environmental plan amid increased demand for green transport rental.

Technological innovation drives growth: private firms invest in interoperable battery swap stations to minimize the downtime of electric motorcycles and extend the operation period of dockless rentals. App-based booking process and GPS navigation system capitalize on the rising proliferation of smart phones to improve customer experience and safety. These features, combined with regulation, give the sector a positive sustainability outlook.

Market Segmentation

• Product Insights: The market includes computer motorcycles and luxury motorcycles, providing a detailed product analysis for rental services.
• Type Insights: The rental market covers both off road and on road motorcycles, reflecting varied consumer preferences and usage.
• End Use Insights: Key rental applications include tourism and commute, addressing needs from travelers to daily users.

Regional Insights

The report segments the market into Northern Vietnam, Central Vietnam, and Southern Vietnam. While the exact dominant region is not specified, the report provides comprehensive regional analysis supporting strategic decisions.

Vietnam Motorcycle Rental Market News:

In October 2024, Xanh SM launched the Xanh SM Bike Platform, a green ride-hailing service exclusively for VinFast electric motorcycles. This service offers up to 80% revenue share for driver partners over the first two years. VinFast electric motorcycle owners can register as transportation service partners, backed by provided training to uphold service quality.

Key Players

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91 120 433 0800,

United States: +1-201971-6302