Moped-sharing - Austria | Statista Market Forecast

The Moped-sharing market in Austria is forecasted to achieve a revenue of US$4.25m by the year 2024.
This revenue is projected to grow at an annual rate of 3.18% (CAGR 2024-2029), resulting in a market volume of US$4.97m by 2029.
Within the Moped-sharing market, the number of users is expected to reach 37.40k users by 2029.
The user penetration rate is projected to be 0.4% in 2024 and increase to 0.4% by 2029.
The average revenue per user (ARPU) is estimated to be US$126.60.
The Moped-sharing market is an online-only market.
It is worth noting that India is anticipated to generate the highest revenue globally, amounting to US$700m in 2024.
Moped-sharing services in Austria are gaining popularity as a convenient and eco-friendly mode of transportation for short distances in urban areas.

Definition:

The Moped-sharing market covers the growing industry of shared moped services, where individuals can rent mopeds for short periods of time. Moped-sharing services typically operate through mobile applications, allowing users to locate nearby mopeds, unlock them using a digital interface, and pay for their usage. To use the service, customers are required to open an account with the moped-sharing provider. Providers normally offer dockless services, so it is possible to find mopeds everywhere within the provider’s business zone and to leave the mopeds anywhere in accordance with traffic regulations. Moped-sharing services are not available in all countries; thus, only a limited number of countries and regions can be selected.

Additional Information:

The main performance indicators of the Moped-sharing market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the mentioned market. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year.

The booking volume includes all booked rides made by users from the selected region, regardless of where the ride took place.

For further information on the data displayed, refer to the info button right next to each box.

Free-floating Moped-sharing services
App-based services such as Cooltra, felyx, Revel, and Yulu

Private moped usage
Multi-day moped rentals
Peer-to-peer moped reservations
E-Scooter-sharing and other forms of micro-mobility

The Moped-sharing market in Austria has been experiencing significant growth in recent years.

Customer preferences: Customers in Austria have shown a growing preference for alternative transportation options that are convenient, cost-effective, and environmentally friendly. Moped-sharing services offer a flexible and affordable mode of transportation, particularly for short distances within urban areas. The ease of access to mopeds through smartphone apps and the ability to pick up and drop off the vehicles at various locations have made these services increasingly popular among commuters and city dwellers.

Trends in the market: One of the key trends in the Moped-sharing market in Austria is the expansion of service providers. Several companies have entered the market, offering different types of mopeds and pricing models to cater to the diverse needs of customers. This competition has led to innovations in technology and service offerings, such as the introduction of electric mopeds or the option to rent mopeds for longer periods of time. Additionally, partnerships with local businesses and transportation networks have allowed moped-sharing companies to expand their reach and provide a seamless experience for customers.

Local special circumstances: Austria's well-developed infrastructure and compact urban areas make it an ideal market for moped-sharing services. The country's extensive network of bike lanes and traffic regulations that favor alternative modes of transportation have created a conducive environment for the growth of the market. Furthermore, the high population density in cities like Vienna and Graz has resulted in increased demand for convenient and efficient transportation options, making moped-sharing an attractive choice for many residents.

Underlying macroeconomic factors: The growth of the Moped-sharing market in Austria can also be attributed to several macroeconomic factors. The rising cost of car ownership, including expenses related to fuel, parking, and insurance, has made alternative transportation options more appealing to consumers. Additionally, increasing environmental awareness and government initiatives to reduce carbon emissions have encouraged individuals to opt for greener modes of transportation. The availability of affordable and reliable mopeds through sharing services has thus become an attractive alternative for many Austrians. In conclusion, the Moped-sharing market in Austria has been growing rapidly due to customer preferences for convenient and cost-effective transportation options, the expansion of service providers, the country's favorable infrastructure, and macroeconomic factors such as rising car ownership costs and environmental awareness. As the market continues to evolve, it is expected that further innovations and collaborations will shape the future of moped-sharing in Austria.

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings and revenues of moped-sharing services.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

This report presents a comprehensive analysis and additional information on the Mobility market, in a PDF format.