Global Automotive Range Extenders Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Automotive Range Extenders Industry Forecast” looks at past sales and reviews total world Automotive Range Extenders sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Range Extenders sales for 2023 through 2029. With Automotive Range Extenders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Range Extenders industry.
This Insight Report provides a comprehensive analysis of the global Automotive Range Extenders landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Range Extenders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Range Extenders market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Range Extenders and breaks down the forecast by affected component, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Range Extenders.
The global Automotive Range Extenders market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In China, Automotive Range Extenders key players include Leling Hetian Electric Vehicle Parts Co., Ltd., Damosen, Liuzhou Wuling Liuji Power Co., LTD., Ruifa, etc. Global top four manufacturers hold a share over 50%.
East China is the largest market, with a share about 45%, followed by South China, and North China, both have a share over 35 percent.
In terms of product, ICE is the largest segment, with a share over 75%. And in terms of application, the largest application is Passenger Vehicles, followed by Commercial Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Range Extenders market by product affected component, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by affected component
ICE
Fuel Cell
Others
Segmentation by application
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Leling Hetian Electric Vehicle Parts
Damosen
Liuzhou Wuling Liuji Power
Ruifa
Weichai
Chita Technology
DSM Green Power
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Range Extenders market?
What factors are driving Automotive Range Extenders market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Range Extenders market opportunities vary by end market size?
How does Automotive Range Extenders break out affected component, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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