Folding Electric Bike Market, Global Outlook and Forecast 2023-2029

Folding Electric Bike Market, Global Outlook and Forecast 2023-2029

Published On : : November 2023

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Report Studies • The global Folding Electric Bike market was valued at US$ 161.2 million in 2022 and is projected to reach US$ 204.4 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

• An electric bicycle, also known as an e-bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion.

• And a folding electric bicycle is a bicycle designed to fold into a compact form, facilitating transport and storage. When folded, the bikes can be more easily carried into buildings and houses or on public transportation (facilitating mixed-mode commuting and bicycle commuting), and more easily stored in compact living quarters or aboard a car, boat or plane.

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By Types Commuter Folding Bike

Portable fold-up bike

Full size Wheel Folding Bike

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By Applications • Age Below 18 • Age 18-50 • Age Above 50

$50,000 $40,000

$35,000 $30,000 $25,000

$30,000

$20,000

$20,000

$15,000 $10,000

$10,000 $0

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Call: +1(646)-781-7170 (Int'l)

$5,000 $0

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