About Foldable Electric Bikes
Foldable electric bikes are the lightest bikes that come with a maximum of 20-inch wheels to pack down bikes fairly that can fit into a trunk or on a train. Rising fuel prices and parking problems in the urban and metropolitan areas due to infrastructural developments have accelerated the demand for foldable e-bikes for short to medium-range transportation.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.0% |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States and United Kingdom Vendors will contribute the maximum growth to Global Foldable Electric Bikes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brompton Electric (United Kingdom), The Hummingbird Bicycle Company Ltd (United Kingdom), Karbon Kinetics Ltd (United Kingdom), Lectric eBikes (United States), Tern Bicycles (Taiwan), MiRider (United Kingdom), Mate City (Denmark), E-Trends Bikes (United Kingdom), Raleigh UK Ltd. (United Kingdom), Coppernicus (India), Swagtron (United States), Jetson (United States) and Ancheer (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Foldable Electric Bikes market by Type (With Gear and Without Gear) and Region.
On the basis of geography, the market of Foldable Electric Bikes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Brakes Type, the sub-segment i.e. Disc Brakes will boost the Foldable Electric Bikes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Wheel Size, the sub-segment i.e. 12 inch will boost the Foldable Electric Bikes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery Capacity, the sub-segment i.e. 250Wh will boost the Foldable Electric Bikes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Foldable Electric Bikes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Launch of Foldable E-Bikes with Advanced Designs and Features by the Manufacturers
Market Growth Drivers:
Surging Demand of Foldable E-Bikes that are Light Weight, and Have Impressive Speed and Long-lasting Battery and Emerging Trend of Foldable Electric Bikes with Gear and Disk Breaks Among the End-Users
Challenges:
Slow Adoption in Some Developing and Underdeveloped Countries Due to the Lack of Awareness
Restraints:
High Cost Associated with Foldable Electric Bikes and Exposed Battery Clashes with Frame Profile
Opportunities:
Huge Adoption of Foldable Electric Bikes in the Developed Countries like UK and US
Market Leaders and their expansionary development strategies
In October 2023, The American e-bike giant, Specialized, acquired TurboVado, a California-based company known for its innovative folding e-bikes. This acquisition focused on expanding Specialized's e-bike portfolio and expertise.
In January 2023, Fiido, a Chinese e-bike brand, unveiled its new lightweight foldable e-bike, the Fiido D4S. This model offered portability, affordability, and features like a removable battery.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Foldable Electric Bikes Manufacturers, Suppliers and Distributors of Foldable Electric Bikes, Raw Material Providers, Venture Capitalists and Private Equity Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.