The market for folding bicycles is anticipated to expand with a CAGR of 6.2 percent during the forecast period from 2018 to 2026.
—
Market Insights:
Currently, traffic congestion is one of the largest issues facing millions of urban citizens while conducting their daily commutes. Long streaks of traffic and time spent in jams compelled the daily commuters to find options for secure and timely transport within the town boundaries. Bicycling has long been regarded as a reliable mode of transportation. However, issues such as limited flexibility, the requirement for safe parking space and less scope for using the mixed mode of commutation have confined the growth of bicycles as a viable option for city transportation. To address issues related to conventional bicycles, the concept of folding bicycles has been introduced by bike manufacturers. These folding bicycles have been integrated with the features of standard bicycles with increased flexibility, light weight, compactness and extra merit of traveling through subways and metros.
The complete report is available at https://www.credenceresearch.com/report/folding-bicycles-market
Several governments around the globe have tried to encourage people to adopt the bicycle as their primary mode of transport. Dedicated cycling routes, allocation of funding for infrastructure development and framing legislation to guarantee cyclist safety are just a few steps that governments in the areas of Europe and North America are taking. Moreover, factors such as public awareness of environmental pollution, personal health, and fitness further encouraged the idea of using daily commute bicycles. In addition, features offered by folding bicycles provide potential theft prevention, convenient carrying of bicycles up the stairs, and minimal storage space has boosted the popularity of folding cycles in urban commutes. In the following years, the overall folding bicycles market is all set to show significant growth.
The folding bicycles market is segmented, based on material, into the following categories:
Aluminum
Carbon Fiber
Steel
Titanium
The global folding bicycles market is segmented, based on the number of gears, into the following categories:
Single Speed
Multi-speed
Competitive Insights
The current market for folding bicycles is consolidated and features a limited number of international players. However, several traditional bicycle manufacturers are anticipated to introduce their versions of folding bicycles to claim their market value share in the following years. The market is expected to stay highly competitive with the latest entrants and increasing demand for folding bicycles. The use of advanced composite materials for frame manufacturing and process automation has been taken by the bicycle manufacturer as main business strategies to retain market supremacy.
Major players in the folding bicycle industry include Brompton Bicycle Ltd., Bobbin Bicycles Ltd., Cyclecentric Ltd., Citizen Bike Inc., DAHON North America, Inc., Decathlon S.A., Dawes Cycles Limited, Hummingbird Bike Company Ltd., Montague Corporation, Mobility Holdings, Ltd., Ming Cycle Industrial Co., Ltd. and Raleigh America.
Key Government trends encouraging the use of bicycles as a mode of daily commutation Growing trend of the mixed mode of commutation among urban commuters Use of contemporary composite materials for lighter and robust bicycle frames
Request for Sample on this research: https://www.credenceresearch.com/sample-request/58961
ToC:
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
………..
3. Global Folding Bicycles Market Analysis
…………
4. Global Folding Bicycles Market Value, By Folding Mechanism, 2016 – 2026 (US$ Bn)
4.1. Market Analysis
4.2. Split Fold Mechanism
4.3. Triangular Hinge Mechanism
4.4. Break Away Mechanism
5. Global Folding Bicycles Market Value, By Frame Material, 2016 – 2026 (US$ Bn)
5.1. Market Analysis
5.2. Aluminum
5.3. Carbon Fiber
5.4. Steel
5.5. Titanium
6. Global Folding Bicycles Market Value, By Wheel Size, 2016 – 2026 (US$ Bn)
6.1. Market Analysis
6.2. 16” to 19”
6.3. 20” to 24”
6.4. 25” and Above
7. Global Folding Bicycles Market Value, By Number of Gears, 2016 – 2026 (US$ Bn)
7.1. Market Analysis
7.2. Single Speed
7.3. Multi-speed
8. North America Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
…………
9. Europe Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
………..
10. Asia Pacific Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
…………
11. Rest of World (RoW) Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
…………
12. Company Profiles
12.1. Brompton Bicycle Ltd.
12.2. Bobbin Bicycles Ltd.
12.3. Citizen Bike Inc.
12.4. Cyclecentric Ltd.
12.5. DAHON North America, Inc.
12.6. Decathlon S.A.
12.7. Dawes Cycles Limited
12.8. Hummingbird Bike Company, Ltd.
12.9. Montague Corporation
12.10. Mobility Holdings, Ltd.
12.11. Ming Cycle Industrial Co., Ltd.
12.12. Raleigh America.
………………toc continued
The complete report is available at https://www.credenceresearch.com/report/folding-bicycles-market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com
Source: MarketersMedia
Release ID: 528062
