Automotive Retrofit Electric Vehicle Powertrain Market, Global Outlook and Forecast 2023-2032
Retrofitting an old vehicle into an electric vehicle is a new way to reduce pollution and promote zero-emission. Retrofit electric vehicles include replacement of the engine and fuel tank with a battery and battery charger, respectively.Retrofitted electric vehicles do not require gears and can travel up to 150km on a single charge. According to Central Motor Vehicle Rule, 1989, of India, the conversion of engine powered vehicles into pure electric operation with fitment of electric kit would be permitted if the vehicle was manufactured on or after January 1, 1990.
This report aims to provide a comprehensive presentation of the global market for Automotive Retrofit Electric Vehicle Powertrain, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Retrofit Electric Vehicle Powertrain. This report contains market size and forecasts of Automotive Retrofit Electric Vehicle Powertrain in global, including the following market information:
Global Automotive Retrofit Electric Vehicle Powertrain Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Retrofit Electric Vehicle Powertrain market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Electric Motor Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Retrofit Electric Vehicle Powertrain include Continental AG, ETrio, Bharat Mobi, Robert Bosch GmbH, Rexnamo Electro Pvt Ltd, Altigreen, BorgWarner(Delphi Technologies), Mando Corporation and Johnson Electric Holdings Ltd, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Retrofit Electric Vehicle Powertrain companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Retrofit Electric Vehicle Powertrain Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Automotive Retrofit Electric Vehicle Powertrain Market Segment Percentages, by Type, 2022 (%)
Electric Motor
High Voltage Battery
Controller
On Board Charger
Others (Transmission System)
Global Automotive Retrofit Electric Vehicle Powertrain Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Automotive Retrofit Electric Vehicle Powertrain Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Automotive Retrofit Electric Vehicle Powertrain Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Automotive Retrofit Electric Vehicle Powertrain Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Retrofit Electric Vehicle Powertrain revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Retrofit Electric Vehicle Powertrain revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental AG
ETrio
Bharat Mobi
Robert Bosch GmbH
Rexnamo Electro Pvt Ltd
Altigreen
BorgWarner(Delphi Technologies)
Mando Corporation
Johnson Electric Holdings Ltd
Mitsubishi Electric
Magna International Inc
Hitachi Ltd
Eco-conversions
Electric Vehicles of America
EV-Blue
EV Source
Green Motors Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Retrofit Electric Vehicle Powertrain, market overview.
Chapter 2: Global Automotive Retrofit Electric Vehicle Powertrain market size in revenue.
Chapter 3: Detailed analysis of Automotive Retrofit Electric Vehicle Powertrain company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Retrofit Electric Vehicle Powertrain in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
