Folding Electric Bicycle Market to observe USD 163.71 Mn growth | Driven by increasing traffic congestion

The international folding electrical bicycle market is fragmented. The market is fragmented by the presence of a number of worldwide and regional gamers. Vendors out there are endeavor numerous advertising methods to improve their market share. Well-established worldwide distributors take pleasure in a aggressive benefit out there, owing to components resembling the massive scale of operations, robust geographical community and model identify, and excessive funding capabilities. Technavio identifies Addmotor Co. Ltd., Brompton Bicycle Ltd., e-JOE Bike, GFL Group Pty Ltd., Karbon Kinetics Ltd., Open Text Corp., SWAGTRON, VoltBike Electric Inc., Woosh Bikes Ltd., and X-Treme Scooters because the dominant gamers out there.
The market is pushed by increasing traffic congestion. Factors resembling quickly increasing inhabitants, urbanization, and a rise within the variety of reasonably priced entry-level vehicles and motorbikes have led to a surge in traffic congestion worldwide. Thus customers are searching for alternate options resembling folding electrical bikes as they’re eco-friendly and assist cut back traffic congestion on roads, particularly in city areas. Besides, many international locations such because the US, Germany, and Sweden are encouraging the usage of cycles as a mode of transportation. Such components are encouraging individuals to undertake folding electrical bicycles, which is driving the growth of the market.In addition, authorities insurance policies and initiatives selling bicycles and speedy improvement in biking infrastructure will provide immense growth alternatives for market gamers. However, the simple availability of refurbished bicycles, increasing adoption of motorbikes, and the rising reputation of motorbike share packages will problem the growth of the market contributors. To take advantage of the alternatives, market distributors ought to focus extra on the growth prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.Download a Free Sample Report for highlights on different components impacting the growth of the market.Folding Electric Bicycle Market 2021-2025: SegmentationThe international folding electrical bicycle market is segmented as beneath:
Distribution Channel


North America
South America

The offline phase accounted for optimum gross sales out there in 2021. However, the net distribution channel phase is predicted to develop sooner than the offline distribution channel phase through the forecast interval. The speedy growth of this phase could be attributed to the big selection of manufacturers and merchandise supplied on on-line channels.Europe will emerge as the biggest marketplace for folding electrical bicycles through the forecast interval. Factors such because the presence of high-quality biking routes, increasing urbanization, and excessive disposable incomes of customers are driving the growth of the regional market. The Netherlands and Belgium are the important thing markets for folding electrical bicycles in Europe. However, the market growth fee on this area will likely be slower than the growth of the market within the North American, APAC, and South American areas.Technavio presents an in depth image of the market by the way in which of examine, synthesis, and summation of information from a number of sources. Our folding electrical bicycle market report covers the next areas:Folding Electric Bicycle Market 2021-2025: Vendor AnalysisWe offer an in depth evaluation of round 25 distributors working within the folding electrical bicycle market. Backed with aggressive intelligence and benchmarking, our analysis studies on the folding electrical bicycle market are designed to present entry assist, buyer profile, and M&As in addition to go-to-market technique assist.Folding Electric Bicycle Market 2021-2025: Key Highlights
CAGR of the market through the forecast interval 2021-2025
Detailed info on components that can help folding electrical bicycle market growth through the subsequent 5 years
Estimation of the folding electrical bicycle market dimension and its contribution to the dad or mum market
Predictions on upcoming traits and modifications in client habits
The growth of the folding electrical bicycle market
Analysis of the market’s aggressive panorama and detailed info on distributors
Comprehensive particulars of things that can problem the growth of folding electrical bicycle market distributors
Related Reports:Bike Sharing Market in Nordic Countries by Vehicle Type and Sharing System Type – Forecast and Analysis 2022-2026Hybrid Bicycles Market by Distribution Channel and Geography – Forecast and Analysis 2021-2025

Folding Electric Bicycle Market Scope

Report Coverage

Page quantity

Base 12 months

Forecast interval

Growth momentum & CAGR
Accelerate at a CAGR of 8.68%

Market growth 2021-2025
USD 163.71 million

Market construction

YoY growth (%)

Regional evaluation
Europe, North America, APAC, South America, and MEA

Performing market contribution
Europe at 50%

Key client international locations
Germany, US, China, The Netherlands, and Belgium

Competitive panorama
Leading firms, aggressive methods, client engagement scope

Companies profiled
Addmotor Co. Ltd., Brompton Bicycle Ltd., e-JOE Bike, GFL Group Pty Ltd., Karbon Kinetics Ltd., Open Text Corp., SWAGTRON, VoltBike Electric Inc., Woosh Bikes Ltd., and X-Treme Scooters

Market Dynamics
Parent market evaluation, Market growth inducers and obstacles, Fast-growing and slow-growing phase evaluation, COVID 19 impression and future client dynamics, market situation evaluation for the forecast interval.

Customization purview
If our report has not included the information that you’re searching for, you’ll be able to attain out to our analysts and get segments personalized.

Table Of Contents :Executive AbstractMarket Landscape
Market ecosystem
Value chain evaluation
Market Sizing
Market definition
Market phase evaluation
Market dimension 2020
Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Bargaining energy of patrons
Bargaining energy of suppliers
Threat of latest entrants
Threat of substitutes
Threat of rivalry
Market situation
Market Segmentation by Distribution channel
Market segments
Comparison by Distribution channel
Offline – Market dimension and forecast 2020-2025
Online – Market dimension and forecast 2020-2025
Market alternative by Distribution channel
Customer panoramaGeographic Landscape
Geographic segmentation
Geographic comparability
Europe – Market dimension and forecast 2020-2025
North America – Market dimension and forecast 2020-2025
APAC – Market dimension and forecast 2020-2025
South America – Market dimension and forecast 2020-2025
MEA – Market dimension and forecast 2020-2025
Key main international locations
Market alternative by geography
Market drivers
Market challenges
Market traits
Vendor Landscape
Landscape disruption
Vendor Analysis
Vendors lined
Market positioning of distributors
Addmotor Co. Ltd.
Brompton Bicycle Ltd.
e-JOE Bike
GFL Group Pty Ltd.
Karbon Kinetics Ltd.
Open Text Corp.
VoltBike Electric Inc.
Woosh Bikes Ltd.
X-Treme Scooters
Scope of the report
Currency conversion charges for US$
Research methodology
List of abbreviations
About UsTechnavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation give attention to rising market traits and offers actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: Technavio–driven-by-increasing-traffic-congestion–technavio-301525957.html

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