The Folding Bikes Market report focuses on the key player’s profiles in detail with statistical analysis of the market share, production technology, market entry strategies, revenue forecasts and regional analysis of the market.
The report contains all analytical and statistical transient regarding Market summary, Growth, Demand and Forecast analysis with penetrating summary and solution within the complex industry.
#Keyplayers Profiled and Analyzed in the report includes PHONIEX(NYSE: PNX), Old Republic International Corporation(NYSE: ORI), Tern PLC(LON: TERN), MONTAGUE INTERNATIONAL HOLDING and more….
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“Folding Bikes Market was valued US$840 Mn in 2017 and is estimated to reach US$1123 Mn by 2026 at a CAGR of about 7.1%.”
Folding bikes are usually smaller than a conventional bicycle and as the name suggest can be folded up or otherwise reduced into a most convenient size or shape. Folding bike is a fast growing bicycle category owing to its number of practical and plausible uses in personal mobility as well recreation. Rise in awareness about health and growing concerns over global pollution is anticipated reflected favourably on the global market for folding bikes in the upcoming years. One of the major advantages of folding bikes is their compactness that allows riders to carry them on long distance travelling. Favourable government regulations for permitting foldable bikes in public transportation systems. Challenges associated with design, safety and performance limitation remain a main growth deterrent. Factors as such as estimated to support the growth of the market during the forecast period. High cost of folding bike is the hindering of growth of the market.
Folding bikes is segmented into product type, wheel size, application, price range, and region. Based on product type, Demand for mid-fold folding bikes is anticipated to remain high over the next few years. This segment is estimated to grow by US$ 2,588.0 Mn annually over the course of the forecast period. Global sales of mid-fold folding bikes currently commands for close to one-fourth value share of the global market. On the basis of wheel size, the 20 Inch segment is estimated to remain highly lucrative over 2026. Currently, the segment is commands for more than 29% revenue share of the global market and is expected to witness a CAGR of 4.7% during the forecast period. 20 Inch wheels are most adjustable to the folds and carry lesser weight as compared to other large size wheels.
In terms of application, a large number of people buy folding bikes to rides them for maintaining fitness and staying healthy. Rise in use of bicycles as a recreational and exercise tool is estimated to play a significant role in driving the growth of the market. Based on price range, the premium segment will continue to hold its superior position beyond 2017. Currently, this segment represents a market valuation of more than US$ 32,700 Mn and is estimated to increase at a CAGR of 4.5% during the projection period.
In terms of region, Europe is projected to dominate the global folding bikes market in terms of revenue. The region currently accounts for the biggest share of the global market and the trend is likely to continue throughout the assessment period. Europeâ€™s folding bikes market is estimated to exhibit a CAGR of 5.1% between 2017 and 2026. Favourable policies and high consumer awareness is anticipated to support the growth of the market in the region over 2026.
This report focuses on the Folding Bikes Market in global market, especially in United States, China, Europe, Japan, Southeast Asia, India and more.
Market Segment by Type, covers
Commuter folding bicycle
Portable fold-up bicycle
Full size wheel folding bike
Market Segment by Applications, can be divided into
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Table of Contents
1 Industry Overview of Folding Bikes
2 Manufacturing Cost Structure Analysis of Folding Bikes
3 Technical Data and Manufacturing Plants Analysis of Folding Bikes
4 Global Folding Bikes Overall Market Overview
5 Folding Bikes Regional Market Analysis
6 Global 2013-2018E Folding Bikes Segment Market Analysis (by Type)
7 Global 2013-2018E Folding Bikes Segment Market Analysis (by Application)
8 Major Manufacturers Analysis of Folding Bikes
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
184.108.40.206 Product A
220.127.116.11 Product B
8.1.3 Dahon 2017 Folding Bikes Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Dahon 2017 Folding Bikes Business Region Distribution Analysis
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
18.104.22.168 Product A
22.214.171.124 Product B
8.2.3 Oyama 2017 Folding Bikes Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Oyama 2017 Folding Bikes Business Region Distribution Analysis
8.3 KHS Bicycles
……… TOC continued
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