Moped-sharing - Japan | Statista Market Forecast

The Moped-sharing market in Japan is projected to reach a revenue of US$31.20m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.34%, resulting in a projected market volume of US$36.77m by 2029.
By 2029, the number of users in the Moped-sharing market is expected to amount to 403.70k users.
The user penetration is projected to be 0.3% in 2024 and 0.3% by 2029.
The average revenue per user (ARPU) is expected to be US$82.07.
IThe Moped-sharing market is an online-only market.
In global comparison, India is expected to generate the most revenue, with US$700m in 2024.
In Japan, the Moped-sharing market is experiencing significant growth due to the country's dense urban population and efficient transportation infrastructure.

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 Japan has been experiencing significant growth in recent years.

Customer preferences: Japanese consumers have shown a strong preference for convenient and cost-effective transportation options. With increasing urbanization and traffic congestion in many cities, there is a growing demand for alternative modes of transportation. Moped-sharing services provide a flexible and affordable solution for short-distance travel, allowing users to easily navigate through crowded streets and reach their destinations quickly.

Trends in the market: One of the key trends in the Moped-sharing market in Japan is the expansion of service coverage. Moped-sharing companies have been rapidly expanding their operations to reach more cities and neighborhoods, making their services accessible to a larger population. This has been driven by the high demand for convenient transportation options in both urban and suburban areas. Another trend is the integration of advanced technology into the Moped-sharing services. Many companies have developed user-friendly mobile applications that allow customers to easily locate and unlock available mopeds, as well as track their usage and payment details. This technological innovation has greatly enhanced the user experience and convenience of using Moped-sharing services.

Local special circumstances: Japan's aging population and declining birth rate have also contributed to the growth of the Moped-sharing market. As the population ages, there is an increasing need for transportation options that are suitable for older individuals who may have difficulty walking long distances or using public transportation. Moped-sharing services provide a convenient and accessible mode of transportation for this demographic. Furthermore, Japan's strict regulations on car ownership and high costs associated with owning a private vehicle have also influenced the growth of the Moped-sharing market. Many Japanese consumers prefer to use shared mobility services instead of purchasing and maintaining their own vehicles, as it is a more cost-effective option.

Underlying macroeconomic factors: The Moped-sharing market in Japan has also been supported by favorable macroeconomic factors. The country's strong economy and high disposable income levels have allowed consumers to spend on convenient transportation options. Additionally, the government's focus on promoting sustainable and eco-friendly transportation has encouraged the adoption of Moped-sharing services as an alternative to traditional gasoline-powered vehicles. In conclusion, the Moped-sharing market in Japan is growing rapidly due to customer preferences for convenient and cost-effective transportation options, the expansion of service coverage, integration of advanced technology, local special circumstances such as an aging population and strict car ownership regulations, and favorable macroeconomic factors. This market trend is expected to continue in the coming years as more consumers recognize the benefits of Moped-sharing services.

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.