Electric Vehicle Range Extender Market is is forecasted to value over USD 1.8 billion by 2028 end and register register a CAGR of 9% from the forecast period 2021-2028.
With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Electric Vehicle Range Extender owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.
The Electric Vehicle Range Extender Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Electric Vehicle Range Extender Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Electric Vehicle Range Extender Market:
- Magna International
- Mahle
- Rheinmetall
- Plug Power
- Ballard Power Systems
- AVL
- FEV
- Delta Motorsport
- Ceres Power
- Nissan
- General Motors
- BMW
- Bjorksten Bit 7
- Wrightspeed
- Nikola Motor Company
- EP Tender
- Fagor Ederlan Group
- Arcola Energy
- Advanced Innovative Engineering
- Ashwoods Electric Motors
- Obrist Powertrain
- Symbio
- Horizon Fuel Cell Technologies
- Mazda
(Note: The list of the major players will be updated with the latest market scenario and trends)
Electric Vehicle Range Extender Market Segmentation:
By Type
- Fuel Cell Range Extender
- ICE Range Extender
- Others
By Component Type
- Battery Pack
- Power Converter
- Generator
- Electric Motor
By Vehicle Type
- Passenger Car (PC)
- Commercial Vehicle (CV)
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Electric Vehicle Range Extender Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the electric vehicle range extender market by type, by component type, by vehicle type and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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