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Global Folding Electric Bicycle Market: By Distribution Channel: Offline, Online; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments
Global Folding Electric Bicycle Market Outlook
The global folding electric bicycle market is further expected to grow in the forecast period of 2023-2028 at a CAGR of more than 10%. The folding electric bicycle market is being primarily driven by the rising traffic congestion problems across all regions.
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Properties and Applications
The electric folding bicycle refers to an electric bicycle that is designed to fold into a compact form, enabling transportation and storage. When folded, it is easier to take the bikes into buildings and public transport (enabling mixed mode and movement of bicycles) and to store them more easily either in compact living areas or on a car, boat, or aircraft.
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The folding electric bicycle market can be broadly categorised based on its distribution channels into:
- Offline
- Online
The EMR report looks into the regional folding electric bicycle markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The rising traffic congestion resulting from the rapid urbanisation, the increase in the cost-effective entry, and low-interest credits offered by financial institutions are some of the key factors driving the folding electric bicycle market growth. Because folding electric bikes are hazard-free and environmentally friendly, they help minimize road congestion, specifically in urban areas. Due to the limitations of metropolitan traffic management, many nations, including the United States, Germany, and Sweden, promote the use of cycles as a transport mode. Such factors are therefore anticipated to encourage more people to ride electric bikes, propelling the market growth further.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global folding electric bicycle market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Brompton Bicycle Limited
- PayMeOn Inc. (Prodeco Technologies LLC)
- Voltbike Electric Inc.
- X-Treme Scooters / Taosun Ltd
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Distribution Channel, Region |
| Breakup by Distribution Channel | Offline, Online |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Brompton Bicycle Limited, PayMeOn Inc. (Prodeco Technologies LLC), Voltbike Electric Inc., X-Treme Scooters / Taosun Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Folding Electric Bicycle Market Analysis
8.1 Key Industry Highlights
8.2 Global Folding Electric Bicycle Historical Market (2018-2022)
8.3 Global Folding Electric Bicycle Market Forecast (2023-2028)
8.4 Global Folding Electric Bicycle Market by Distribution Channel
8.4.1 Online
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Offline
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Folding Electric Bicycle Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Brompton Bicycle Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 PayMeOn Inc. (Prodeco Technologies LLC)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Voltbike Electric Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 X-Treme Scooters / Taosun Ltd
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Folding Electric Bicycle Market: Key Industry Highlights, 2018 and 2028
2. Global Folding Electric Bicycle Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
3. Global Folding Electric Bicycle Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
4. Global Folding Electric Bicycle Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Folding Electric Bicycle Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Folding Electric Bicycle Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Folding Electric Bicycle Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Folding Electric Bicycle Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Folding Electric Bicycle Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Folding Electric Bicycle Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Folding Electric Bicycle Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Folding Electric Bicycle Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Folding Electric Bicycle Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Folding Electric Bicycle Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Folding Electric Bicycle Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Folding Electric Bicycle Market Structure
Key Questions Answered in the Report
The market is estimated to witness a healthy growth at a CAGR of more than 10% in the forecast period of 2023-2028.
The major drivers of the market include the low-interest credits offered by the financial institutions, rapid urbanisation, the increase in the cost-effective entry, advanced technological features, increasing investment in research and development activities to develop and launch new products and the emergence of lightweight folding electric bikes.
The rising preference for hazard-free and environment-friendly vehicles and the rising traffic congestion problems across all regions are the key trends guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Offline and online are the major distribution channels of the product in the market.
The major players in the industry are Brompton Bicycle Limited, PayMeOn Inc. (Prodeco Technologies LLC), Voltbike Electric Inc., and X-Treme Scooters / Taosun Ltd, among others.
Analyst Review
The global folding electric bicycle market has been driven by the rising preference for hazard-free and environment-friendly vehicles. Aided by the low-interest credits offered by the financial institutions and rising traffic congestion problems across all regions, the marketis anticipated to grow at a CAGR of more than 10% in the forecast period during 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on distribution channel, the market is divided into offline and online. The major regional markets for folding electric bicycle market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.The key players in the above market include Brompton Bicycle Limited, PayMeOn Inc. (ProdecoTechnologies LLC), Voltbike Electric Inc., and X-Treme Scooters / Taosun Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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