Title: Folding Bikes Market - Forecast(2022 - 2027)
1Folding Bikes MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Folding Bikes market is anticipated to reach 1.2
billion by 2026 at a CAGR of 8.5 during the
forecast period 2021-2026. - Folding bikes are a type of bicycles intended to
fold them in such a manner that their space is
reduced, their weight is lower and they can be
simply transported from one area to a different
place. - Rising traffic in vehicles and unpredictable fuel
prices are fuelling bicycle demand throughout the
world. The change to healthy living and fitness
in consumer trends further boost the market
growth.
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- Key Takeaways
- Environmental concerns as well government
regulations is anticipated to boost the market
growth. - Technological advancements and trend towards
connected e-bikes propels the market growth. - The increased trend for fitness among individuals
has also supplemented the folding bikes market
growth.
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Market Segment Analysis -By Drive Type This
market is segmented into conventional and
electric on the basis of drive type. Electric
segment is anticipated to witness significant
amount of growth with a CAGR of 10 in the
forecast period 2021-2026. Fast urbanization and
transport congestion in urban areas are among the
reasons that are likely to increase e-bike demand
throughout the projection period. Due to the
COVID-19 Pandemic, it is unlikely that shared
mobility is preferable for transit.
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- Folding Bikes Market Industry Outlook
- Bickerton Portables
- Bobbin Bicycles Ltd.
- Brompton Bicycle Ltd.
- Montague Corporation
- Pacific Cycles
- Vilano Bikes
- Giant Bicycles
- Dahon
- Gocycle
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Folding Bikes Market - Forecast(2022 -
2027) Learn More About the Report
_at_ https//www.industryarc.com/Research/Folding-Bi
kes-Market-Research-510765
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
Inquiry Before Buying
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