According to a new market research report published by Credence Research “Global Folding Bicycles Market (By Folding Mechanism: Split Fold Mechanism, Triangular Hinge Mechanism and Break-away Mechanism; By Frame Material: Aluminum, Steel, Carbon Fiber and Titanium; By Wheel Size: 16’’ to 19’’, 20’’ to 24’’ and 25’’ and Above; By Number of Gears: Single Speed and Multi-speed) – Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the folding bicycles market is expected to grow with a CAGR of 6.2% during the forecast period from 2018 to 2026.
The complete report is available at http://www.credenceresearch.com/report/folding-bicycles-market
Market Insights
At present, traffic congestion is one of the biggest issue faced by millions of urban residents while conducting their daily commute. Long streaks of traffic and hours spent in jams have forced the daily commuters to search for alternatives for safe and timely travel within the city limits. Bicycling has been considered as a reliable mode of transportation from a very long time. However, issues such as limited flexibility, requirement of safe parking space and less scope of using mixed mode of commutation have confined the growth of bicycles as a viable option for city transportation. In order to tackle issues associated with conventional bicycles, bike manufacturers have introduced the concept of folding bicycles. These folding bicycles have been incorporated with functionality of conventional bicycles with enhanced flexibility, light weight, compactness and additional merit of traveling through subways and metros.
Several governments across the world have been trying to encourage people in order to adopt cycle as their prime mode of transportation. Dedicated cycling routes, allocation of funds for developing infrastructure and framing laws to ensure safety for cyclists are few steps implemented by governments in the Europe and North America regions. In addition, factors such as public awareness towards environmental pollution, personal health and fitness have further promoted the idea of using cycles for daily commute. Furthermore, features offered by folding bicycles provide potential prevention of theft, convenient carriage of bicycles up the stairs and minimum storage space have boosted the popularity of folding cycles in urban commute. Thereby, the overall market for folding bicycles is all set to demonstrate significant growth in the following years.
Competitive Insights
Present-day folding bicycles market is consolidated and is characterized by a limited number of international players. However, several traditional bicycle manufacturers are expected to introduce their variants of folding bicycles in order to claim their share of market value in the following years. The market is projected to remain highly competitive with new entrants and growing demand for folding bicycles. Use of advanced composite materials for frame manufacturing and process automation has been adopted as key business strategies by bicycle manufacturer in order to maintain supremacy in the market. Major players in the folding bicycles market 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 Trends
- Government encouragement for the use of bicycles as a mode of daily commute
- Growing trend of mixed mode of commutation among urban commuters
- Use of modern composite materials for lighter and sturdy bicycle frames
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TOC
- 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
- Executive Summary
2.1. Global Folding Bicycles Market Snapshot
2.2. Global Folding Bicycles Market, By Folding Mechanism
2.3. Global Folding Bicycles Market, By Frame Material
2.4. Global Folding Bicycles Market, By Wheel Size
2.5. Global Folding Bicycles Market, By Number of Gears
2.6. Global Folding Bicycles Market, By Geography
- Global Folding Bicycles Market Analysis
3.1. Global Folding Bicycles Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations
- 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
- 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
- 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
- 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
- North America Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
8.1. North America Folding Bicycles Market Value, By Folding Mechanism, 2016 – 2026 (US$ Bn)
8.1.1. Split Fold Mechanism
8.1.2. Triangular Hinge Mechanism
8.1.3. Break Away Mechanism
8.2. North America Folding Bicycles Market Value, By Frame Material, 2016 – 2026 (US$ Bn)
8.2.1. Aluminum
8.2.2. Carbon Fiber
8.2.3. Steel
8.2.4. Titanium
8.3. North America Folding Bicycles Market Value, By Wheel Size, 2016 – 2026 (US$ Bn)
8.3.1. 16” to 19”
8.3.2. 20” to 24”
8.3.3. 25” and Above
8.4. North America Folding Bicycles Market Value, By Number of Gears, 2016 – 2026 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Single Speed
8.4.3. Multi-speed
8.5. North America Folding Bicycles Market Value, By Country, 2016 – 2026 (US$ Bn)
8.5.1. U.S.
8.5.2. Rest of North America
- Europe Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
9.1. Europe Folding Bicycles Market Value, By Folding Mechanism, 2016 – 2026 (US$ Bn)
9.1.1. Split Fold Mechanism
9.1.2. Triangular Hinge Mechanism
9.1.3. Break Away Mechanism
9.2. Europe Folding Bicycles Market Value, By Frame Material, 2016 – 2026 (US$ Bn)
9.2.1. Aluminum
9.2.2. Carbon Fiber
9.2.3. Steel
9.2.4. Titanium
9.3. Europe Folding Bicycles Market Value, By Wheel Size, 2016 – 2026 (US$ Bn)
9.3.1. 16” to 19”
9.3.2. 20” to 24”
9.3.3. 25” and Above
9.4. Europe Folding Bicycles Market Value, By Number of Gears, 2016 – 2026 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Single Speed
9.4.3. Multi-speed
9.5. Europe Folding Bicycles Market Value, By Country, 2016 – 2026 (US$ Bn)
9.5.1. U.K.
9.5.2. Germany
9.5.3. France
9.5.4. Rest of Europe
- Asia Pacific Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
10.1. Asia Pacific Folding Bicycles Market Value, By Folding Mechanism, 2016 – 2026 (US$ Bn)
10.1.1. Split Fold Mechanism
10.1.2. Triangular Hinge Mechanism
10.1.3. Break Away Mechanism
10.2. Asia Pacific Folding Bicycles Market Value, By Frame Material, 2016 – 2026 (US$ Bn)
10.2.1. Aluminum
10.2.2. Carbon Fiber
10.2.3. Steel
10.2.4. Titanium
10.3. Asia Pacific Folding Bicycles Market Value, By Wheel Size, 2016 – 2026 (US$ Bn)
10.3.1. 16” to 19”
10.3.2. 20” to 24”
10.3.3. 25” and Above
10.4. Asia Pacific Folding Bicycles Market Value, By Number of Gears, 2016 – 2026 (US$ Bn)
10.4.1. Market Analysis
10.4.2. Single Speed
10.4.3. Multi-speed
10.5. Asia Pacific Folding Bicycles Market Value, By Country, 2016 – 2026 (US$ Bn)
10.5.1. Japan
10.5.2. China
10.5.3. India
10.5.4. Rest of Asia Pacific
- Rest of World (RoW) Folding Bicycles Market Analysis, 2016 – 2026 (US$ Bn)
11.1. RoW Folding Bicycles Market Value, By Folding Mechanism, 2016 – 2026 (US$ Bn)
11.1.1. Split Fold Mechanism
11.1.2. Triangular Hinge Mechanism
11.1.3. Break Away Mechanism
11.2. RoW Folding Bicycles Market Value, By Frame Material, 2016 – 2026 (US$ Bn)
11.2.1. Aluminum
11.2.2. Carbon Fiber
11.2.3. Steel
11.2.4. Titanium
11.3. RoW Folding Bicycles Market Value, By Wheel Size, 2016 – 2026 (US$ Bn)
11.3.1. 16” to 19”
11.3.2. 20” to 24”
11.3.3. 25” and Above
11.4. RoW Folding Bicycles Market Value, By Number of Gears, 2016 – 2026 (US$ Bn)
11.4.1. Market Analysis
11.4.2. Single Speed
11.4.3. Multi-speed
11.5. RoW Folding Bicycles Market Value, By Country, 2016 – 2026 (US$ Bn)
11.5.1. Latin America
11.5.2. Middle-East and Africa
- 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.
The complete report is available at http://www.credenceresearch.com/report/folding-bicycles-market
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