Folding Bikes Market : New Business Opportunities & Investment Research Report 2018-2024

The Infinium Global Research analyzes the report of Folding Bikes Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Folding Bikes Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global markets of Folding Bikes.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Folding Bikes Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Folding Bikes Market are Dawes Cycles Limited, Decathlon S.A., DAHON North America, Inc., Cyclecentric Ltd., Citizen Bike Inc., Bobbin Bicycles Ltd. and Brompton Bicycle Ltd. According to report the global folding bikes market is projected to grow at a CAGR of 5.6% over the forecast period of 2018-2024.

A folding bike is a bicycle designed to fold into a compact form for proper transportation and storage. The first advantage offered by folding bicycles is intermodality. Unlike conventional bicycles, folding can be combined much more easily with other means of transport. Currently, few cities already have adequate infrastructure to transport the bicycle on public transport. Folding bikes have small wheels, low frame, and adjustable handlebars. Most models are designed primarily for urban use. Also, these folding bikes can be conveniently transported through passenger car vehicles.

Increasing awareness about health and growing concerns about global pollution is the key factor driving the growth of the market. Moreover, the folding bikes can be taken anywhere as they are light in weight and the folding nature of these bikes helps to lower the space of the bikes while travelling to the farther places as the space needed to carry is very less. They can be taken to the hilly regions for those of the riders who have the hobby of hiking and trailing .Folding Bikes are increasingly viewed as an exercise tool all across the global, distinguishing its use even by wealthy consumers. In addition, folding bikes are gaining popularity among the people who are shifting towards healthy and eco-friendly solutions. Moreover, challenges associated with design safety and performance limitation are likely to restrain the growth of the folding bike’s market. Furthermore, government encouragement for the use of bicycles as a mode of daily travel is providing several growth opportunities for the folding bike market. On the other hand, the increasing trend of the mixed mode of commutation among the urban commuters will influence the folding bike’s market positively over the upcoming years.

 

 

Among the geographies, Europe dominated the folding bike’s market in terms of revenue. The growth in the European region is due to The bike named “Bike Intermodal“ is the product of a European development team that was given a €1.58m research grant to make a lighter, more compact folding bike that would encourage more people out of cars and onto bikes and public transport.

Segment Covered

The report on global folding bikes market covers segments such as, product type, frame material and application. On the basis of product type the global folding bikes market is categorized into mid-fold, vertical fold, triangle hinge, magnet folding and suspension system. On the basis of frame material the global folding bikes market is categorized into aluminum, steel, carbon fiber and titanium. On the basis of application the global folding bikes market is categorized into fitness, commercial and sports.

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2016-2024.

Major Key Players Mentioned in this Premium Report

The report provides profiles of the companies in the global folding bikes market such as, Mobility Holdings, Ltd., Montague Corporation, Hummingbird Bike Company, Ltd., Dawes Cycles Limited, Decathlon S.A., DAHON North America, Inc., Cyclecentric Ltd., Citizen Bike Inc., Bobbin Bicycles Ltd. and Brompton Bicycle Ltd.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global folding bikes market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of folding bikes market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the folding bikes market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the folding bikes market to understand the present and future trends in this market and formulate their strategies accordingly.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-folding-bikes-market



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