SOUTH KOREA ELECTRIC FOLDING BIKE MARKET

INTRODUCTION

E-bikes have an electric motor that makes cycling less taxing and enables you to go farther and quicker. Nevertheless, e-bikes are available in a variety of sizes and designs, and foldable electric bikes are currently very popular.

While e-bikes offer several benefits over traditional bicycles, moving them may be a real pain. When not in use, the bike may be folded down into a smaller, more transportable compact.

A license is not necessary for an electric foldable bike. Because they need a human operation, foldable bikes are considered to be bicycles by law. Therefore, using an electric folding bike does not require a specific license.

SOUTH KOREA ELECTRIC FOLDING BIKE MARKET SIZE AND FORECAST

The South Korea Electric folding bike market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.

SOUTH KOREA ELECTRIC FOLDING BIKE MARKETNEW PRODUCT LAUNCH

Leading South Korean telecommunications operator KT Corp. has entered the burgeoning electric bicycle market with the release of a foldable electric bicycle that uses Internet of Things (IoT) technology and KT's smart mobility platform.

The Air I electric bicycle from Recon Hi-Tech Bike Co. was revealed by KT. It is backed by KT's smart mobility platform, which links an embedded IoT module in a moving item like a bicycle with an LTE-M network to check location data in real-time and manage the bike's partial functions. 

Thanks to the KT platform embedded in the bicycles, Air I users may access the most recent location information of their stolen or lost bicycles.

The IoT-enabled remote control feature of the bicycle will also enable consumers to turn off the motor in order to stop their stolen bikes from being sold or modified.

The Air i's frame and fork are said to be built of alloy, and even with a battery and engine that are integrated into the bicycle, it weighs only 15 kilos overall, according to KT.

SOUTH KOREA ELECTRIC FOLDING BIKE MARKET COMPANY PROFILES

• KT Corp.
• Radpower
• Xiaomi Inc.
• BTWIN 
• Honbike 
• Raleigh
• Ducati 
• Pedega
• Rayvolt 

THIS SOUTH KOREA ELECTRIC FOLDING BIKE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perSouth Korea Electric folding bike marketright now and how will it change in next 5-6 years?
2. Average cost to set up anElectric folding bike marketinSouth Korea?
3. How manySouth Korea Electric folding bike marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aSouth Korea Electric folding bike marketand key vendor selection criteria
6. Where is theSouth Korea Electric folding bike marketmanufactured? What is the average margin per equipment?
7. Market share ofSouth Korea Electric folding bike marketmanufacturers and their upcoming products
8. The most important plannedSouth Korea Electric folding bike marketin next 2 years
9. Details on network of majorSouth Korea Electric folding bike marketand pricing plans
10. Cost advantage for OEMs who manufactureSouth Korea Electric folding bike marketin-house
11. 5 key predictions for next 5 years inSouth Korea Electric folding bike market
12. Average B-2-BSouth Korea Electric folding bike marketprice in all segments
13. Latest trends inSouth Korea Electric folding bike market, by every market segment
14. The market size (both volume and value) ofSouth Korea Electric folding bike marketin 2024-2030 and every year in between?
15. Global production breakup ofSouth Korea Electric folding bike market, by suppliers and their OEM relationship