The study is given to the analysis of the latest growth trends and prospects for the Folding Bicycles market.
The section “Folding Bicycles Market” includes an examination of the situation in major sections of the Folding Bicycles market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major 3PL providers in 2017.
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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.
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.
“Folding Bicycles Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials. The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, M and A, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region,
Introduction and Landscape
Why was the report written?
This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries. Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry
This report offers:
- Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Folding Bicycles market
- Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
- Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
- Company profiles that will highlight key information about the imperative players operating in the global Folding Bicycles devices market
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