Login/Registered Search
Home / blog / Folding Bike Market to Reach $1.26 Bn, Globally, by 2027 at 8.7% CAGR: Allied Market Research
Return to [Mobile]

Folding Bike Market to Reach $1.26 Bn, Globally, by 2027 at 8.7% CAGR: Allied Market Research

Views:464 Classification:blog

Folding Bike Market to Attain $1.26 Bn, Globally, by 2027 at 8.7% CAGR: Allied Market Analysis

PORTLAND, Ore., June 14, 2021 /PRNewswire/ — Allied Market Analysis revealed a report, titled, Folding Bike Market by Product Kind (Mid-fold, Vertical Fold, and Triangle Hinge), Drive Kind (Standard and Electrical), Software (Sports activities, Health, Industrial, and Others), Value Vary (Low, Economic system, and Premium), and Distribution Channel (Offline and On-line): World Alternative Evaluation and Business Forecast, 2020–2027.” In accordance with the report, the worldwide folding bike market generated $790.90 million in 2019, and is anticipated to succeed in $1.26 billion by 2027, manifesting a CAGR of 8.7% from 2020 to 2027.

Obtain Report (277 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/7496

Drivers, restraints, and alternatives

Implementation of various rules by governments for promotion of utilization of electrical bikes, adoption of e-bikes as environment friendly & eco-friendly resolution, and enhance in gasoline prices gasoline the expansion of the worldwide folding bike market. Nonetheless, costly nature of e-bikes hinders the market development. Then again, enhanced bicycling infrastructure and battery applied sciences together with adoption of biking as health & leisure exercise create new alternatives within the subsequent few years.

Covid-19 Situation

  • Manufacturing actions of folding bikes have been stopped utterly because of lockdown imposed by governments. Furthermore, points similar to unavailability of uncooked supplies and lack of workforce have been occurred.
  • Nonetheless, the folding bikes demand rose through the post-lockdown as individuals began choosing them by reducing off public transport to stop cross-contamination. As well as, individuals started opting folding bikes to train and keep health as gyms and health facilities had been closed down.

Request for Customization of this report at https://www.alliedmarketresearch.com/request-for-customization/7496

The vertical fold section to keep up its lead place through the forecast interval

Based mostly on product sort, the vertical fold section held the very best market share in 2019, accounting for greater than two-fifths of the worldwide folding bike market, and is estimated to keep up its lead place through the forecast interval. Furthermore, this section is projected to painting the very best CAGR of 9.5% from 2020 to 2027. That is attributed to superior options similar to compact design, low house consumption, and safety. The analysis additionally discusses segments similar to mid-fold and triangle hinge.

The industrial section to keep up its lead place through the forecast interval

Based mostly on software, the industrial section accounted for the very best market share in 2019, contributing to greater than one-fourth of the worldwide folding bike market, and is anticipated to keep up its lead place through the forecast interval. This is because of discount of the visitors congestion on roads, mobility price, and parking price together with enhance within the productiveness of the person. Nonetheless, the health section is anticipated to manifest the very best CAGR of 10.0% from 2020 to 2027, owing to the necessity to keep match to scale back the chance of a coronary heart assault together with sustaining physique weight and low blood levels of cholesterol.

to Procure The Information? Inquire right here at https://www.alliedmarketresearch.com/purchase-enquiry/7496

North America to keep up the very best CAGR by 2027

Based mostly on area, North America is projected to keep up the very best CAGR of 10.0% through the forecast interval, because of the elevated visitors congestion on the roads throughout the area. Nonetheless, Asia-Pacific contributed to the very best share in 2019, accounting for practically two-fifths of the worldwide folding bike market, and is projected to keep up its management standing by 2027. This is because of international locations similar to China and Japan using newest applied sciences and providing revolutionary bikes for health and industrial purposes.

Main market gamers

  • Bickerton Portables
  • Brompton Bicycle Ltd.
  • Bobbin Bicycles Ltd.
  • Pacific Cycles
  • Montague Company
  • Large Bicycles
  • Vilano Bikes
  • Gocycle
  • Dahon
  • Raleigh UK Ltd.
  • Ming Cycle

Schedule a FREE Session Name with Our Analysts/Business Specialists to Discover Resolution for Your Enterprise at https://www.alliedmarketresearch.com/connect-to-analyst/7496

Comparable Reviews We Have on Automotive Business:

Electric Bike Market by Product (Pedelecs, Pace Pedelecs, Throttle on Demand, and Scooter & Bike), Drive Mechanism (Hub Motor, Mid-Drive, and Others), and Battery Kind (Lead Acid, Lithium-Ion (Li-ion), and Others): World Alternative Evaluation and Business Forecast, 2020–2030.

Solar E-Bike Market by Product Kind (Pedelecs, Throttle on Demand, and Scooter & Bike), Drive Mechanism (Hub Motor, Mid Drive, and Others), Battery Kind (Lead-acid, Lithium-ion (Li-ion), Nickel-metal hydride (NiMh), and Others): World Alternative Evaluation and Business Forecast, 2021–2027.

Electric Mobility Scooter Market by Battery Kind (SLA, Li-ion, and NiMH), and by Variety of Tire (2 Wheeler, 3 Wheeler, 4 Wheeler, and 5 Wheeler) – World Alternative Evaluation and Business Forecast, 2017-2030.

One Wheel Electric Scooter Market by Product Kind (Electrical Unicycle, and Electrical One wheel Hoverboard), Software (Off-road Actions, and Day by day Commute), Gross sales Channel (On-line Gross sales, and Offline Gross sales), and Pace Restrict (Kmh) (20 Kmh – 30 Kmh, 30 Kmh – 50 Kmh, and Greater than 50 Kmh): World Alternative Evaluation and Business Forecast, 2020–2030.

Electric Kick Scooter Market by Battery Kind (Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), and Others) and Voltage (Lower than 25V, 25V to 50V, and Greater than 50V): World Alternative Evaluation and Business Forecast, 2021–2030.

Electric Vehicle Market by Kind (Battery Electrical Automobiles (BEV), Hybrid Electrical Automobiles (HEV), and Plug-in Hybrid Electrical Automobiles (PHEV)), Automobile Class (Mid-Priced and Luxurious), and Automobile Kind (Two-wheelers, Passenger Automobiles, and Industrial Automobiles): World Alternative Evaluation and Business Forecast, 2020–2030.

About Us

Allied Market Analysis (AMR) is a full-service market analysis and business-consulting wing of Allied Analytics LLP primarily based in Portland, Oregon. Allied Market Analysis supplies world enterprises in addition to medium and small companies with unmatched high quality of “Market Analysis Reviews” and “Enterprise Intelligence Options.” AMR has a focused view to supply enterprise insights and consulting to help its shoppers to make strategic enterprise selections and obtain sustainable development of their respective market area.

Pawan Kumar, the CEO of Allied Market Research, is main the group towards offering high-quality information and insights. We’re in skilled company relations with numerous firms and this helps us in digging out market information that helps us generate correct analysis information tables and confirms utmost accuracy in our market forecasting. Every information offered within the reviews revealed by us is extracted by means of major interviews with high officers from main firms of area involved. Our secondary information procurement methodology contains deep on-line and offline analysis and dialogue with educated professionals and analysts within the trade.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Internet: www.alliedmarketresearch.com 
Allied Market Analysis Weblog: https://blog.alliedmarketresearch.com 
Observe Us on | Facebook | Twitter | LinkedIn |

SOURCE Allied Market Analysis

https://www.frebike.com

您好!Please sign in

Click Cancel Reply

    ABOUT FREBIKE.COM

    frebike.com providing customers with the best electric bicycle, electric mountain bikes, electric fat bike, folding electric bicycle, electric city bicycle, and hot ebike parts,etc. We have a professional R&D team that we can customize electric bikes for you, and we provide VIP DIY service. Our best selling models are in stock and can be shipped quickly.

    CONTACT US

    Phone: +86 18928076376
    Whatsapp: +86 18928076376
    Skype: +86 18928076376
    Email: service@frebike.com
    Website:https://www.frebike.com
    Factory Address:No.1,Xingrong Road,Sanzao Town,Jinwan District,Zhuhai City,Guangdong,China.

    Copyright © ZHUHAI SHUANGYE ELECTRONIC TECHNOLOGY CO.,LTD. All Rights Reserved.

    AccountAccount Classification Cart May Like足记

    Onlinex

    Online
    Home

    Cart

    X

    May Like

    X