(MENAFN- Ameliorate Digital Consultancy)
folding electric bicycle market is expected to grow by $ 176.92 mn during 2023-2029, accelerating at a cagr of 5.36% during the forecast period
global folding electric bicycle research report 2023!!
Folding Electric Bicycle Market report is an essential source of information which gives recent and upcoming technical and financial details about the industry. All composed market statistics data is verified and legalized by industry specialists for readers and end users. It becomes easy to analyze the actions of key players and their effects on sales, imports-exports, revenues and CAGR values with this credible marketing report. The market overview is analyzed with respect to market players in the form of customers, companies or clients. The first-in-class Folding Electric Bicycle report also helps measure and optimize every stage of the industrial process lifecycle, including engagement, acquisition, retention, and monetization.
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Moreover , this report also include the opportunities available in markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players. Analysis of Folding Electric Bicycle market companies, key tactics followed by Leading Key Players: Brompton, SUNRA, XDS, BODO, Slane, U-WINFLY, Benelli Biciclette, E-Joe, Birdie Electric, A-Bike Electric, VOLT, Solex, Prodeco Tech, Woosh, ENZO eBike,
Recent Launches
Swagtron EB7 Plus : Swagtron launched its EB7 Plus folding electric bike in 2021, which features a lightweight aluminum frame, a 350W motor, and a 16-inch wheel size. The bike has a range of up to 25 miles on a single charge and can reach speeds of up to 18.6 mph.
Brompton Electric : Brompton launched its electric folding bike in 2020, which features a 250W motor, a removable battery, and a foldable design. The bike has a range of up to 50 miles on a single charge and can be folded down to a compact size for easy storage.
Gocycle GX : Gocycle released its GX folding electric bike in 2020, which features a lightweight carbon fiber frame, a 500W motor, and a 20-inch wheel size. The bike has a range of up to 50 miles on a single charge and can be folded down in under 10 seconds.
Xiaomi Himo C26 : Xiaomi launched its Himo C26 folding electric bike in 2021, which features a 250W motor, a 20-inch wheel size, and a range of up to 50 miles on a single charge. The bike also has a foldable design and can be easily carried on public transportation.
Fiido D11 : Fiido launched its D11 folding electric bike in 2020, which features a 250W motor, a 20-inch wheel size, and a range of up to 60 miles on a single charge. The bike has a foldable design and weighs just 18kg, making it easy to carry and store.
Market Overview
The folding electric bicycle market has experienced significant growth in recent years, driven by a combination of factors such as rising concerns over air pollution and traffic congestion, increasing adoption of e-bikes as a mode of transportation, and the growing trend towards compact and portable personal mobility devices.
Folding electric bikes offer several advantages over traditional bicycles and electric bikes, including portability, convenience, and versatility. They can be easily stored in a car trunk or carried on public transportation, making them an ideal choice for urban commuters and those with limited storage space.
The market is expected to continue to grow at a rapid pace in the coming years, driven by factors such as government initiatives to promote eco-friendly transportation, advancements in battery technology, and increasing consumer demand for sustainable and efficient mobility solutions. However, the market is also facing challenges such as limited battery range and high initial costs, which may slow down the adoption of folding electric bikes in certain regions.
The Folding Electric Bicycle market can be divided based on product types and its sub-type, major applications and Third-Party usage area, and important regions.
This report segments the global Folding Electric Bicycle Market based on Types are:
Commuter Folding Bike
Portable Fold-up Bike
Full Size Wheel Folding Bike
Based on Application, the Global Market is segmented into:
Age < 18
Age 18-50
Age 50
Business opportunities of Folding Electric Bicycle Market in the following regions and countries:
By Geography –
On the basis of Geography, the Global Folding Electric Bicycle Market is classified into North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)
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Report Scope –
The study period of the report is 2018 to 2023, keeping 2023 as the base year.
The forecast period would be from 2023 to 2029 and the Historical period from 2018 to 2023.
Free report customization (equivalent to up to 4 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope
Report cover in-depth analysis based on companies, types, application, and regions.
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What is the goal of the report?
The market report presents the estimated size of the Folding Electric Bicycle market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
The Latest Industry Data Included in this Report:
-Global Folding Electric Bicycle Market Size & Analysis (2018-2029)
– Folding Electric Bicycle Market Share Analysis of Global Folding Electric Bicycle Market (%), 2023-2029
-Global Market Share, By Brand, By Company
-Global Folding Electric Bicycle Market Assessment & Opportunity (Value), 2023-2029
-Major Companies Folding Electric Bicycle Market Value Analysis & Forecast
-Promising Development by Major Companies
-Detailed Portfolio of the Major Companies
-Major Deals in the Global Folding Electric Bicycle Market
-Major Companies Analysis
Highlights of the Folding Electric Bicycle Market report :
─Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
─Provision of market value (USD Billion) data for each segment and sub-segment
─Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
─Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
─Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
─Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
─The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
─Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
─Provides insight into the market through Value Chain
─Market dynamics scenario, along with growth opportunities of the market in the years to come
─6-month post-sales analyst support
Additional paid services:-
─The client will get one free update on the purchase of a Corporate User License.
─Quarterly Industry Update for 1 Year at 40% of the report cost per update.
─One dedicated research analyst was allocated to the client.
─Faster Query resolution within 48 hours
─Industry Newsletter at USD 100 per month per issue
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