According to our (Global Info Research) latest study, the global Electric Vehicle Range Extender market size was valued at USD 206 million in 2023 and is forecast to a readjusted size of USD 565 million by 2030 with a CAGR of 15.5% during review period.
A range extender vehicle is a battery electric vehicle that includes an auxiliary power unit (APU) known as a 'range extender'. The range extender drives an electric generator which charges a battery which supplies the vehicle's electric motor with electricity. This arrangement is known as a series hybrid drivetrain. The most commonly used range extenders are internal combustion engines, but fuel-cells or other engine types can be used.
The Asia Pacific region is estimated to dominate the electric vehicle range extender market, in terms of volume, in 2018. The increasing demand for driving range extension of electric vehicles and government incentives on the purchase of electric vehicle range extender would fuel the growth of the market in this region.
The Global Info Research report includes an overview of the development of the Electric Vehicle Range Extender industry chain, the market status of Passenger Cars (ICE Range Extender, Fuel Cell Range Extender), Commercial Vehicles (ICE Range Extender, Fuel Cell Range Extender), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Vehicle Range Extender.
Regionally, the report analyzes the Electric Vehicle Range Extender markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Vehicle Range Extender market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Vehicle Range Extender market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Vehicle Range Extender industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., ICE Range Extender, Fuel Cell Range Extender).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Vehicle Range Extender market.
Regional Analysis: The report involves examining the Electric Vehicle Range Extender market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Vehicle Range Extender market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Vehicle Range Extender:
Company Analysis: Report covers individual Electric Vehicle Range Extender manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Vehicle Range Extender This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Cars, Commercial Vehicles).
Technology Analysis: Report covers specific technologies relevant to Electric Vehicle Range Extender. It assesses the current state, advancements, and potential future developments in Electric Vehicle Range Extender areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Vehicle Range Extender market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Vehicle Range Extender market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
ICE Range Extender
Fuel Cell Range Extender
Others
Market segment by Application
Passenger Cars
Commercial Vehicles
Major players covered
Magna
MAHLE
Rheinmetall
Plug Power
Ballard Power Systems
AVL
FEV
Delta Motorsport
Ceres Power
Nissan
General Motors
BMW
Nikola Motor
Horizon Fuel Cell Technologies
Ashwoods Electric Motors
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle Range Extender product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle Range Extender, with price, sales, revenue and global market share of Electric Vehicle Range Extender from 2019 to 2024.
Chapter 3, the Electric Vehicle Range Extender competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle Range Extender breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Vehicle Range Extender market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Range Extender.
Chapter 14 and 15, to describe Electric Vehicle Range Extender sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electric Vehicle Range Extender. Industry analysis & Market Report on Electric Vehicle Range Extender is a syndicated market report, published as Global Electric Vehicle Range Extender Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Electric Vehicle Range Extender market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.