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PUBLISHER: IMARC | PRODUCT CODE: 1541106
PUBLISHER: IMARC | PRODUCT CODE: 1541106
Foldable Electric Vehicle Market Report by Vehicle Type, Battery Type (Sealed Lead Acid, Nickel Cadmium Battery, Nickle-Metal Hydride, Lithium-ion Polymer, Lithium Polymer Battery ), Distribution Channel, User Age Group, and Region 2024-2032
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The global foldable electric vehicle market size reached US$ 6.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2032, exhibiting a growth rate (CAGR) of 11.4% during 2024-2032.
Foldable electric vehicles primarily stand for lightweight and portable bikes, hoverboards and scooters that can be folded down to a compact size. Generally, these vehicles are integrated with battery-based electric motors. Owing to their minimalistic design, foldable electric vehicles are highly efficient for traffic congestion as well as for indoor parking. Apart from this, these electric vehicles are eco-friendly based on their zero-emissions along with being cost-effective by mitigating fuel-consumption and high maintenance requirements. Based on these benefits, foldable electric vehicles have gained wide popularity across the globe.
The growing demand for foldable electric vehicles can be attributed to the increasing consumer inclination towards more compact and lighter vehicles with high mobility and durability. With fully occupied parking spaces and lesser number of residential projects with independent garages, these foldable vehicles occupy a significantly lower space in any standard parking spot. Furthermore, e-scooters or bikes can also be folded and stored under the rear seats of a sedan or in the boot of a compact car, thereby being a convenient mode of transportation. Moreover, the growing awareness among e-bike enthusiasts towards high compatibility and affordability of these vehicles has further catalyzed the product demand. Apart from this, rising environmental concerns coupled with the growing number of automobiles leading to crowded cities battling traffic woes further drives the market growth. Additionally, rapid modernization such as increasing charging stations across commercial infrastructures, such as shopping malls, urban centers, metro rail, etc., has propelled the utilization of foldable e-bikes for providing conveyance to cover short distances. Besides this, rising consumer disposable income levels coupled with the high prevalence of social media trends promoting the advantages of foldable electric vehicles, have also bolstered the product demand. Apart from this, various technological advancements along with the rapid integration of artificial intelligence have led to the launch of several innovative products in the market. For instance, Hyundai Motor Group launched a new-on board electric scooter that can be folded to the size of a backpack, enabling 20km range with 10.5 Ah lithium battery.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global foldable electric vehicle market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on vehicle type, battery type, distribution channel and user age group.
Breakup by Vehicle Type:
E-Bike
E-Scooters
Hoverboards
Breakup by Battery Type:
Sealed Lead Acid (SLA)
Nickel Cadmium Battery (NiCad)
Nickle-Metal Hydride (NiMH)
Lithium-ion Polymer (Li-ion)
Lithium Polymer Battery (Li-Po)
Breakup by Distribution Channel:
Offline
Online
Breakup by User Age Group:
Children
Adults
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Turkey
Saudi Arabia
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Airwheel Holding Limited, Benelli Biciclette, GiGi Nederland B.V., Jetson Electric Bikes, Zhengzhou F-wheel Industrial Co., Ltd., Segway Inc., Jiangsu Xinri E-Vehicle Co., Ltd, TravelScoot, Trikelet, URB-E, etc
Key Questions Answered in This Report
- 1. What is the expected growth rate of the global foldable electric vehicle market during 2024-2032?
- 2. What are the key factors driving the global foldable electric vehicle market?
- 3. What has been the impact of COVID-19 on the global foldable electric vehicle market?
- 4. What is the breakup of the global foldable electric vehicle market based on the vehicle type?
- 5. What is the breakup of the global foldable electric vehicle market based on the distribution channel?
- 6. What is the breakup of the global foldable electric vehicle market based on the user age group?
- 7. What are the key regions in the global foldable electric vehicle market?
- 8. Who are the key players/companies in the global foldable electric vehicle market?
Product Code: SR112024A2231
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Foldable Electric Vehicle Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of Covid-19
- 5.4 Market Forecast
6 Market Breakup by Vehicle Type
- 6.1 E-Bikes
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 E-Scooters
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Hoverboards
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Battery Type
- 7.1 Sealed Lead Acid (SLA)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Nickel Cadmium Battery (NiCad)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Nickle-Metal Hydride (NiMH)
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Lithium-ion Polymer (Li-ion)
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Lithium Polymer Battery (Li-Po)
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Offline
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Online
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by User Age Group
- 9.1 Children
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Adults
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Turkey
- 10.5.1.1 Market Trends
- 10.5.1.2 Market Forecast
- 10.5.2 Saudi Arabia
- 10.5.2.1 Market Trends
- 10.5.2.2 Market Forecast
- 10.5.3 Others
- 10.5.3.1 Market Trends
- 10.5.3.2 Market Forecast
- 10.5.1 Turkey
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Airwheel Holding Limited
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Benelli Biciclette
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Zhengzhou F-wheel Industrial Co., Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 GiGi Nederland B.V.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Jetson Electric Bikes
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Segway Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Jiangsu Xinri E-Vehicle Co., Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 TravelScoot
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Trikelet
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 URB-E
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Airwheel Holding Limited
Product Code: SR112024A2231
List of Figures
- Figure 1: Global: Foldable Electric Vehicle Market: Major Drivers and Challenges
- Figure 2: Global: Foldable Electric Vehicle Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Foldable Electric Vehicle Market: Breakup by Vehicle Type (in %), 2023
- Figure 4: Global: Foldable Electric Vehicle Market: Breakup by Battery Type (in %), 2023
- Figure 5: Global: Foldable Electric Vehicle Market: Breakup by Distribution Channel (in %), 2023
- Figure 6: Global: Foldable Electric Vehicle Market: Breakup by User Age Group (in %), 2023
- Figure 7: Global: Foldable Electric Vehicle Market: Breakup by Region (in %), 2023
- Figure 8: Global: Foldable Electric Vehicle Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Foldable Electric Vehicle (E-Bike) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Foldable Electric Vehicle (E-Bike) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Foldable Electric Vehicle (E-Scooter) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Foldable Electric Vehicle (E-Scooter) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Foldable Electric Vehicle (Hoverboards) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Foldable Electric Vehicle (Hoverboards) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Foldable Electric Vehicle (Sealed Lead Acid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Foldable Electric Vehicle (Sealed Lead Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Foldable Electric Vehicle (Nickel Cadmium Battery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Foldable Electric Vehicle (Nickel Cadmium Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Foldable Electric Vehicle (Nickle-Metal Hydride) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Foldable Electric Vehicle (Nickle-Metal Hydride) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Foldable Electric Vehicle (Lithium-ion Polymer) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Foldable Electric Vehicle (Lithium-ion Polymer) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Foldable Electric Vehicle (Lithium Polymer Battery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Foldable Electric Vehicle (Lithium Polymer Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Foldable Electric Vehicle (Offline) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Foldable Electric Vehicle (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Foldable Electric Vehicle (Online) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Foldable Electric Vehicle (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Foldable Electric Vehicle (Children) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Foldable Electric Vehicle (Children) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Foldable Electric Vehicle (Adults) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Foldable Electric Vehicle (Adults) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia Pacific: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia Pacific: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Turkey: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Turkey: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Saudi Arabia: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Saudi Arabia: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Others: Foldable Electric Vehicle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Others: Foldable Electric Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Global: Foldable Electric Vehicle Industry: SWOT Analysis
- Figure 88: Global: Foldable Electric Vehicle Industry: Value Chain Analysis
- Figure 89: Global: Foldable Electric Vehicle Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Foldable Electric Vehicle Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Foldable Electric Vehicle Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
- Table 3: Global: Foldable Electric Vehicle Market Forecast: Breakup by Battery Type (in Million US$), 2024-2032
- Table 4: Global: Foldable Electric Vehicle Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 5: Global: Foldable Electric Vehicle Market Forecast: Breakup by User Age Group (in Million US$), 2024-2032
- Table 6: Global: Foldable Electric Vehicle Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Foldable Electric Vehicle Market: Competitive Structure
- Table 8: Global: Foldable Electric Vehicle Market: Key Players
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