Global Electric Vehicle Range Extender Market Research Report 2023(Status and Outlook)

Global Electric Vehicle Range Extender Market Research Report 2023(Status and Outlook)

Report Overview

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 Electric Vehicle Range Extender Market Size was estimated at USD 200.2 million in 2022 and is projected to reach USD 572.67 million by 2029, exhibiting a CAGR of 16.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Electric Vehicle Range Extender market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Vehicle Range Extender Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Vehicle Range Extender market in any manner.

Global Electric Vehicle Range Extender Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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 Segmentation (by Type)

ICE Range Extender

Fuel Cell Range Extender

Others

Market Segmentation (by Application)

Professional Usage

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Electric Vehicle Range Extender Market

Overview of the regional outlook of the Electric Vehicle Range Extender Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors