Report Detail
Global (United States, European Union and China) Hybrid Electric Vehicle Conversion Kit Market Research Report 2019-2025
- RnM3689515 |
- 22 August, 2019 |
- Global |
- 119 Pages |
- QYResearch |
- Automobile & Transportation
The Hybrid electric vehicle (HEV) conversion kit allows conventional vehicle to be converted into hybrid electric vehicle (HEV) or plug-in HEV (PHEV). The conversion kit provides options beyond what is available from the automotive original equipment manufacturers (OEMs). The development of the conversion kit is allowing the conversion of light and heavy-duty vehicles into hybrid vehicles in an economical and reliable manner. However, conversion kits are not limited to hybrid alone; they are scalable to convert a conventional vehicle to complete EV.
The increasing shift toward alternative fuel vehicles such as EVs due to rising pollution levels is seen in urban cities. The poor charging infrastructure in the emerging countries such as India has led the authorities are to push the adoption of hybrid technology and conversion kits. For instance, Road Transport and Highway Ministry in India, issued the notification in 2016 to allow retrofitting and started certifying the manufacturers of conversion kits. Also, the government has asked key automotive suppliers such as Bosch and Cummins to offer retrofitting technology for Indian customers. In addition, the government is also trying to reduce the price of retrofitting kit by attaining the economies of scale benefits to the manufacturers by creating more awareness and supporting schemes that can lead to the increased adoption of retrofitting technology in India.
The rising development of simplified and light weight conversion kits is one of the key trends that will gain traction in the hybrid electric vehicle conversion kit market. The change of conventional vehicles into hybrid vehicle needs alterations to the vehicle powertrain and need experts to install conversion kits. In addition, the weight of the vehicle rises due to the conversion kit fitment. Due to this, conversion kit manufacturers are looking at simplifying the conversing kit by lowering the weight of the kit.
APAC is estimated to be the major revenue contributor to the market by 2021. The fast market growth in countries such as Japan and China and increased adoption of HEV conversion kits in India will drive the market in this region during the forecast period.
In 2019, the market size of Hybrid Electric Vehicle Conversion Kit is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hybrid Electric Vehicle Conversion Kit.
This report studies the global market size of Hybrid Electric Vehicle Conversion Kit, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hybrid Electric Vehicle Conversion Kit production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
XL Hybrids
Odyne Systems
EVDrive
Altigreen Propulsion Labs
A123 Systems
ALTe Technologies
...
Market Segment by Product Type
Passenger Cars
Commercial Vehicles
Market Segment by Application
Online Retail
Offline Retail
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hybrid Electric Vehicle Conversion Kit status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hybrid Electric Vehicle Conversion Kit manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hybrid Electric Vehicle Conversion Kit are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents
1 Report Overview
- 1.1 Research Scope
- 1.2 Major Manufacturers Covered in This Report
- 1.3 Market Segment by Type
- 1.3.1 Global Hybrid Electric Vehicle Conversion Kit Market Size Growth Rate by Type (2019-2025)
- 1.3.2 Passenger Cars
- 1.3.3 Commercial Vehicles
- 1.4 Market Segment by Application
- 1.4.1 Global Hybrid Electric Vehicle Conversion Kit Market Share by Application (2019-2025)
- 1.4.2 Online Retail
- 1.4.3 Offline Retail
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global Hybrid Electric Vehicle Conversion Kit Production Value 2014-2025
- 2.1.2 Global Hybrid Electric Vehicle Conversion Kit Production 2014-2025
- 2.1.3 Global Hybrid Electric Vehicle Conversion Kit Capacity 2014-2025
- 2.1.4 Global Hybrid Electric Vehicle Conversion Kit Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Hybrid Electric Vehicle Conversion Kit Market Size CAGR of Key Regions
- 2.2.2 Global Hybrid Electric Vehicle Conversion Kit Market Share of Key Regions
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
3 Market Share by Manufacturers
- 3.1 Capacity and Production by Manufacturers
- 3.1.1 Global Hybrid Electric Vehicle Conversion Kit Capacity by Manufacturers
- 3.1.2 Global Hybrid Electric Vehicle Conversion Kit Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 Hybrid Electric Vehicle Conversion Kit Revenue by Manufacturers (2014-2019)
- 3.2.2 Hybrid Electric Vehicle Conversion Kit Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global Hybrid Electric Vehicle Conversion Kit Market Concentration Ratio (CR5 and HHI)
- 3.3 Hybrid Electric Vehicle Conversion Kit Price by Manufacturers
- 3.4 Key Manufacturers Hybrid Electric Vehicle Conversion Kit Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Hybrid Electric Vehicle Conversion Kit Market
- 3.6 Key Manufacturers Hybrid Electric Vehicle Conversion Kit Product Offered
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Production and Production Value for Each Type
- 4.1.1 Passenger Cars Production and Production Value (2014-2019)
- 4.1.2 Commercial Vehicles Production and Production Value (2014-2019)
- 4.2 Global Hybrid Electric Vehicle Conversion Kit Production Market Share by Type
- 4.3 Global Hybrid Electric Vehicle Conversion Kit Production Value Market Share by Type
- 4.4 Hybrid Electric Vehicle Conversion Kit Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Hybrid Electric Vehicle Conversion Kit Consumption by Application
6 Production by Regions
- 6.1 Global Hybrid Electric Vehicle Conversion Kit Production (History Data) by Regions 2014-2019
- 6.2 Global Hybrid Electric Vehicle Conversion Kit Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Hybrid Electric Vehicle Conversion Kit Production Growth Rate 2014-2019
- 6.3.2 United States Hybrid Electric Vehicle Conversion Kit Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Hybrid Electric Vehicle Conversion Kit Import & Export
- 6.4 European Union
- 6.4.1 European Union Hybrid Electric Vehicle Conversion Kit Production Growth Rate 2014-2019
- 6.4.2 European Union Hybrid Electric Vehicle Conversion Kit Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Hybrid Electric Vehicle Conversion Kit Import & Export
- 6.5 China
- 6.5.1 China Hybrid Electric Vehicle Conversion Kit Production Growth Rate 2014-2019
- 6.5.2 China Hybrid Electric Vehicle Conversion Kit Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Hybrid Electric Vehicle Conversion Kit Import & Export
- 6.6 Rest of World
- 6.6.1 Japan
- 6.6.2 Korea
- 6.6.3 India
- 6.6.4 Southeast Asia
7 Hybrid Electric Vehicle Conversion Kit Consumption by Regions
- 7.1 Global Hybrid Electric Vehicle Conversion Kit Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Hybrid Electric Vehicle Conversion Kit Consumption by Type
- 7.2.2 United States Hybrid Electric Vehicle Conversion Kit Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Hybrid Electric Vehicle Conversion Kit Consumption by Type
- 7.3.2 European Union Hybrid Electric Vehicle Conversion Kit Consumption by Application
- 7.4 China
- 7.4.1 China Hybrid Electric Vehicle Conversion Kit Consumption by Type
- 7.4.2 China Hybrid Electric Vehicle Conversion Kit Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Hybrid Electric Vehicle Conversion Kit Consumption by Type
- 7.5.2 Rest of World Hybrid Electric Vehicle Conversion Kit Consumption by Application
- 7.5.1 Japan
- 7.5.2 Korea
- 7.5.3 India
- 7.5.4 Southeast Asia
8 Company Profiles
- 8.1 XL Hybrids
- 8.1.1 XL Hybrids Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.1.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.1.5 XL Hybrids Recent Development
- 8.2 Odyne Systems
- 8.2.1 Odyne Systems Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.2.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.2.5 Odyne Systems Recent Development
- 8.3 EVDrive
- 8.3.1 EVDrive Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.3.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.3.5 EVDrive Recent Development
- 8.4 Altigreen Propulsion Labs
- 8.4.1 Altigreen Propulsion Labs Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.4.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.4.5 Altigreen Propulsion Labs Recent Development
- 8.5 A123 Systems
- 8.5.1 A123 Systems Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.5.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.5.5 A123 Systems Recent Development
- 8.6 ALTe Technologies
- 8.6.1 ALTe Technologies Company Details
- 8.6.2 Company Description and Business Overview
- 8.6.3 Production and Revenue of Hybrid Electric Vehicle Conversion Kit
- 8.6.4 Hybrid Electric Vehicle Conversion Kit Product Introduction
- 8.6.5 ALTe Technologies Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Hybrid Electric Vehicle Conversion Kit Capacity, Production Forecast 2019-2025
- 9.1.2 Global Hybrid Electric Vehicle Conversion Kit Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Hybrid Electric Vehicle Conversion Kit Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Hybrid Electric Vehicle Conversion Kit Consumption Forecast by Regions 2019-2025
- 9.3 United States
- 9.3.1 Production and Value Forecast in United States
- 9.3.2 Consumption Forecast in United States
- 9.4 European Union
- 9.4.1 Production and Value Forecast in European Union
- 9.4.2 Consumption Forecast in European Union
- 9.5 China
- 9.5.1 Production and Value Forecast in China
- 9.5.2 Consumption Forecast in China
- 9.6 Rest of World
- 9.6.1 Japan
- 9.6.2 Korea
- 9.6.3 India
- 9.6.4 Southeast Asia
- 9.7 Forecast by Type
- 9.7.1 Global Hybrid Electric Vehicle Conversion Kit Production Forecast by Type
- 9.7.2 Global Hybrid Electric Vehicle Conversion Kit Production Value Forecast by Type
- 9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
- 10.1 Value Chain Analysis
- 10.2 Sales Channels Analysis
- 10.2.1 Hybrid Electric Vehicle Conversion Kit Sales Channels
- 10.2.2 Hybrid Electric Vehicle Conversion Kit Distributors
- 10.3 Hybrid Electric Vehicle Conversion Kit Customers
11 Opportunities & Challenges, Threat and Affecting Factors
- 11.1 Market Opportunities
- 11.2 Market Challenges
- 11.3 Porter's Five Forces Analysis
12 Key Findings
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.1.1 Research Programs/Design
- 13.1.1.2 Market Size Estimation
- 13.1.1.3 Market Breakdown and Data Triangulation
- 13.1.2 Data Source
- 13.1.2.1 Secondary Sources
- 13.1.2.2 Primary Sources
- 13.1.1 Methodology/Research Approach
- 13.2 Author Details
Summary:
Get latest Market Research Reports on Hybrid Electric Vehicle Conversion Kit. Industry analysis & Market Report on Hybrid Electric Vehicle Conversion Kit is a syndicated market report, published as Global (United States, European Union and China) Hybrid Electric Vehicle Conversion Kit Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hybrid Electric Vehicle Conversion Kit market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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