Moped sharing ridership continues to grow, says new Invers report

• Number of globally registered users increased by 40 percent within one year, number of cities where moped sharing is offered by 25 percent.
• Electric only: around 97 percent of all mopeds in sharing are electric.
• Current trends: Moped/bike-hybrids are the new emerging models. Top 10 moped sharing operators own 60 percent of the global moped sharing fleet.

Siegen, November 8^th, 2022 – Moped sharing asserts its position among the modes of shared mobility: In 2022, the industry saw the most operators, cities, countries, and users, as well as an almost entirely electric fleet and an emerging new category of moped/bike-hybrids. These are the key insights of the Global Market Sharing Market Report 2022. According to the report, around 130,000 shared mopeds are currently on the road worldwide, and it is estimated that there are 17 million registrations across the globe, an increase by 40 percent since 2021. At the same time, the number of cities in which moped sharing is offered increased by 25 percent to more than 220 over the last 12 months, and the number of operators of moped sharing services increased by 8 percent to a total of 94 providers.

The sixth annual Global Moped Sharing Market Report is being published and launched today. The authors used public data, direct contacts among 94 worldwide moped sharing operators, and expert interviews to determine how demand and supply has shaped the market today. “Within the last twelve months, the global market for moped sharing has shown continued growth”, says Bharath Devanathan, CBO at Invers. “Besides the continuous increase bin registrations, countries and cities, there is a new vehicle category in-between mopeds and bikes, called moped/bike hybrids, that attracts new users to shared mobility, especially in some Asian markets. In 2022, they already account for 16 percent of our analyzed shared motorized two-wheelers.”

Major growth was seen in non-European markets. India, Indonesia, and Taiwan are some of the countries that reported bigger fleet sizes over the last 12 months. “With moped sharing being offered across 36 countries, it has never been a more global industry than today”, says Enrico Howe, Senior Market Researcher at Invers. “Non-European markets saw a major development in the past years. Nonetheless, every second shared moped can be found in Europe.” Other interesting insights from the report include: India is one of the top 5 global markets, and Bangalore remains one of the biggest moped sharing cities. Meanwhile, Taiwan keeps on introducing more shared L1-class mopeds year after year. With a population of just below 24 million, Taiwan has the biggest moped sharing fleet globally with almost 20,000 vehicles. And Indonesia is one of the new listings this year and increasingly sees a wider introduction of moped/bike-hybrids by operators like Migo and Beam. New on the map of global moped sharing are Bolivia, Greece, Paraguay, Switzerland, Turkey, and the UK.

When it comes to service providers, some takeovers and a significant market concentration can be observed in the industry. Emmy was bought by GoTo in 2021 and GO Sharing acquired Italian operator ZigZag at the end of last year – to give some examples. The report shows that the top 10 operators own and run 60 percent of the global fleet of shared mopeds.

You can find the full study here: https://go.invers.com/en/resources/global-moped-sharing-market-report-2022