The Folding Bikes market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The advantage of folding bikes is its compactness and easy to carry feature which drives the demand in the market. Due to rising health concerns and to remain fit folding bikes are considered as an exercise tool around the globe which becomes a driving factor for the growth of the market. Growing awareness towards environment and endless stream of traffic has encouraged people to adopt bicycle as their daily mode of commutation. However folding bicycles still faces competition from conventional bicycles in terms of speed and performance which is considered as the restraining factor for the growth of the market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Folding Bikes value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Folding Bikes market.
Major industry players profiled as part of the report are Bobbin Bicycles Ltd, Citizen Bike Inc, Dawes Cycles Limited, Brompton Bicycle Ltd, DAHON and Montague Crosstown among others.
The Folding Bikes market has been analyzed through following segments:
By Frame Material
Middle East and Africa
Key insights offered
What will be the Folding Bikes market size from 2017 to 2023?
How are the major drivers and restraints affecting the Folding Bikes market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.