Folding Bikes Market

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Folding Bikes MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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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.
• Improvement in bicycling infrastructure battery
  technology is the factor creating lucrative
  opportunity and is supplementing the growth of
  the global folding bikes market.

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By Distribution Channel- Segment Analysis 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. Most nations
are striving for the promotion of e-bikes through
subsidies and regulatory modifications in order
to minimize burden on public transport networks.
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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
• Raleigh UK Ltd.

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Folding Bikes Market - Forecast(2023 -
2028) Learn More About the Report _at_
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-Market-Research-510765
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• Data Tables
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