Global Electric Vehicle Range Extender Market was 194,123 Units in 2019 and is expected to reach XX Units by 2026 at a CAGR of about XX % during a forecast.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Electric vehicle range extender, also referred to as auxiliary power unit (APU), is an electric vehicle equipment that provides additional energy for electric vehicle functions and operation other than forward motion. Electric vehicle range extenders are widely found in heavy commercial vehicles and industrial vehicles. Unlike conventional vehicles, which employ diesel engines, electric vehicle range extenders utilize battery packs as a power source. An electric vehicle range extender can deliver power either via single-phase or three-phase systems.
Driving factors of electric vehicle range extender market are increasing demand for electric vehicles (EVs) and increasing sales of EVs in developing countries. Increasingly stringent regulations on emission coupled, government incentives on the purchase of a range extender electric vehicle, with regulation forcing vehicle manufacturers to further reduce the carbon emission and rising fuel prices will boost the demand for an electric vehicle range extender. Electric vehicles fuel station infrastructure and higher installation cost can hamper the growth of electric vehicle range extender market.
Global Electric Vehicle Range Extender Market is segmented into by type, by vehicle type, by component, and by region. Based on the type, electric vehicle range extender market is segmented into ICE Range Extender, Fuel Cell Range Extender & Others. In vehicle type is segmented into Passenger Vehicle & Commercial Vehicle. The component segment is sub segmented into Battery Pack, Generator, Power Converter & Electric Motor. Geographically, market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
In terms of Vehicle type, Passenger Vehicle segment shares the XX% market during the forecast period. Increase in production of passenger vehicle across the globe, decline in bank interest rate, rapid urbanization, rising safety concern, and Government initiatives and developing economies are offering several incentives. Incentives on the purchase of a range extender electric car are expected to drive more market penetration in electric vehicle range extender.
In terms of Type, ICE Range Extender segment is projected to grow at fastest rate during the forecast period. Major manufacturers are currently offering ICE range extender electric vehicles and a low-cost advantage is expected to drive the ICE range extender market. Better fuel economy and reduced pollutant emissions, when compared to the conventional internal combustion engine (ICE) vehicles, will have more opportunity in electric vehicle range extender market.
Among region, Asia Pacific region is expected to grow at the XX% CAGR during the forecast period. Emerging economies and increasing investments in various developing countries worldwide by major industry players, strong presence of manufacturers, OEMs in China and Japan are offering surge Electric Vehicle Range Extender Market.
The objective of the report is to present a comprehensive analysis of the Global Electric Vehicle Range Extender Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Electric Vehicle Range Extender Market dynamics, structure by analyzing the market segments and project the Global Electric Vehicle Range Extender Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Electric Vehicle Range Extender Market make the report investor’s guide.
The scope of the Report Global Electric Vehicle Range Extender Market:
Global Electric Vehicle Range Extender Market: By Type
• ICE Range Extender
• Fuel Cell Range Extender
• Others
Global Electric Vehicle Range Extender Market: By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
Global Electric Vehicle Range Extender Market: By Component
• Battery Pack
• Generator
• Power Converter
• Electric Motor
Global Electric Vehicle Range Extender Market: By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player analyzed in the Report:
• Magna International
• Rheinmetall
• MAHLE
• FEV Group
• Nissan
• General Motors
• BMW
• Plug Power
• Ballard Power Systems
• AVL
• BJORKSTEN BIT 7
• Nikola Corporation
• Wrightspeed Inc.
• EP Tender
• Fagor Ederlan Group
• Delta Motorsport Ltd.
• Nikola Motor
• Ceres Power
• Horizon Fuel Cell Technologies
• Ashwoods Electric Motors
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Impact of COVID-19 on IndustryThe automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic.
The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump.
The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2020, and key prospects over the forecast period.Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Electric Vehicle Range Extender Market, both at global and regional levels.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Electric Vehicle Range Extender Market.Key PlayersSome of the market participants in the electric vehicle range extender market identified across the value chain:Wrightspeed Inc.Magna InternationalMAHLE Powertrain Ltd.PLUG POWER INC.Ballard Power SystemsBMW of North AmericaVisit For TOC >> https://www.futuremarketinsights.com/toc/rep-gb-7453SegmentationOn the basis of product type, the electric vehicle range extender market can be segmented as:Fuel Cell Range ExtendersICE Range ExtendersOthersOn the basis of component, the electric vehicle range extender market can be segmented as:GeneratorsPower ConvertersElectric MotorsBattery PacksOn the basis of vehicle, the electric vehicle range extender market can be segmented as:Passenger VehiclesCommercial VehiclesOff-highway VehiclesAutonomous Underwater Vehicles (AUVs)Pre Book report >> https://www.futuremarketinsights.com/checkout/7453Insights in the ReportFull in-depth analysis of the parent marketThe analysts at FMI adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results.
Important changes in market dynamicsThe various insights in the study are based on extensive cycles of primary and secondary research the analysts engage with during research.
The report covers an in-depth analysis of key changes in market dynamics in the recent past and the near future.Segmentation details of the marketFormer, on-going, and projected market analysis in terms of volume and valueAssessment of niche industry developmentsMarket share analysisKey strategies of major playersEmerging segments and regional marketsQueries SolvedWhat are the size of the overall Electric Vehicle Range Extender Market in the Automotive market and its segments?What are the key segments and sub-segments in the market?What are the key drivers, restraints, opportunities, and challenges of the Electric Vehicle Range Extender Market in the Automotive market, and how they are expected to impact the market?What are the attractive investment opportunities within the Electric Vehicle Range Extender Market in the Automotive market?What is the Electric Vehicle Range Extender Market in Automotive market size at the regional and country-level?What are the key market players focusing on?What are the strategies for growth adopted by the key players in Electric Vehicle Range Extender Market in the Automotive market?What are the recent trends in Electric Vehicle Range Extender Market in the Automotive market?
The Electric Vehicle (EV) Range Extender Market Research Report Forecast is a valuable source of insightful data for business strategists.
It provides the industry overview with recent trends, size, share, growth analysis, historical, futuristic data, revenue, demand and strategic development.The broad electric vehicle (EV) range extender market has been sub-grouped into product, vehicle and component.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Electric Vehicle (EV) Range Extender Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/electric-vehicle-ev-range-extender-market/download-sampleBy ProductICE Range ExtenderFuel Cell Range ExtenderOthersBy VehiclePassenger VehiclesCommercial VehiclesBy ComponentBattery packAutomotivePower ConverterElectric MotorBrowse Full Global Electric Vehicle (EV) Range Extender Market Research Report With TOC At: https://www.valuemarketresearch.com/report/electric-vehicle-ev-range-extender-marketThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the Electric Vehicle (EV) Range Extender market include AVL LIST GmbH, BMW Group, Emoss Mobile Systems BV, General Motors Company, Magna International Inc., MAHLE Group, Nissan Motors Corporation, Plug Power Inc., Rheinmetall Automotive AG, Volvo Car Corporation.
Recently published a report entitled Electric Vehicle (EV) Range Extender Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad electric vehicle (EV) range extender market has been sub-grouped into product, vehicle and component.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Electric Vehicle (EV) Range Extender Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/electric-vehicle-ev-range-extender-market/download-sampleBy ProductICE Range ExtenderFuel Cell Range ExtenderOthersBy VehiclePassenger VehiclesCommercial VehiclesBy ComponentBattery packAutomotivePower ConverterElectric MotorThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the Electric Vehicle (EV) Range Extender market include AVL LIST GmbH, BMW Group, Emoss Mobile Systems BV, General Motors Company, Magna International Inc., MAHLE Group, Nissan Motors Corporation, Plug Power Inc., Rheinmetall Automotive AG, Volvo Car Corporation.
