by The global automotive retrofit electric vehicle powertrain market size accounted for US$ 61.4 billion in 2021 and is projected to reach around USD 118.1 billion by 2030, growing at a CAGR of 7.54% from 2022 to 2030.
Automotive Retrofit Electric Vehicle Powertrain Market Key Takeaways:
- By vehicle type, the commercial vehicle segment has dominated the market with 48% market share in 2021.
- The passenger vehicle segment growing at a CAGR of 7.35% from 2022 to 2030.
- The Asia Pacific has held market share of 65.2% in 2021.
- The Europe has held value shares of over 17.2% in 2021.
Report Summary
The global automotive retrofit electric vehicle powertrain market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the automotive retrofit electric vehicle powertrain market across the globe.
A comprehensive estimate on the automotive retrofit electric vehicle powertrain market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of automotive retrofit electric vehicle powertrain during the forecast period. Price point comparison by region with global average price is also considered in the study.
Automotive Retrofit Electric Vehicle Powertrain Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 66.03 Billion |
| Market Size by 2030 | USD 118.1 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.54% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Component Type, Vehicle Type, Electric Vehicle Type, and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized automotive retrofit electric vehicle powertrain market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Waste Oil Market Size Analysis 2022 To 2030
Automotive Retrofit Electric Vehicle Powertrain Market Players
The report includes the profiles of key automotive retrofit electric vehicle powertrain market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are ALTIGREEN, BHARAT MOBI, Continental AG, Delphi Technologies, ETrio, EV Europe, Folks Motor, Hitachi Astemo Ltd., Johnson Electric Holdings Ltd, Loop Moto, Magna International Inc., Mando Corporation, Mitsubishi Electric, Rexnamo Electro Pvt Ltd., Robert Bosch GmbH, Transition One, VerdeMobility, XL Fleet
Market Segmentation
By Component Type
- Inclusive Conversion Kit
- Electric Motor
- Battery
- Controller
- Charger
- Others (Axle, Converter, etc.)
By Vehicle Type
- Two Wheelers
- Passenger Vehicle (Hatchback, Sedan and Utility Vehicle)
- Commercial Vehicle (Light Commercial Vehicle and Heavy Commercial Vehicle)
By Electric Vehicle Type
- All Electric Vehicle Battery
- Plug-in Hybrid Vehicle
- Hybrid Vehicle
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Retrofit Electric Vehicle Powertrain Market
5.1. COVID-19 Landscape: Automotive Retrofit Electric Vehicle Powertrain Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Component Type
8.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Component Type, 2022-2030
8.1.1 Inclusive Conversion Kit
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electric Motor
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Battery
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Controller
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Charger
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others (Axle, Converter, etc.)
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Vehicle Type
9.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Vehicle Type, 2022-2030
9.1.1. Two Wheelers
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Passenger Vehicle (Hatchback, Sedan and Utility Vehicle)
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Commercial Vehicle (Light Commercial Vehicle and Heavy Commercial Vehicle)
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Electric Vehicle Type
10.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Electric Vehicle Type, 2022-2030
10.1.1. All Battery Electric Vehicle
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Plug-in Hybrid Vehicle
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Hybrid Vehicle
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Automotive Retrofit Electric Vehicle Powertrain Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2017-2030)
Chapter 12. Company Profiles
12.1. ALTIGREEN, BHARAT MOBI
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Continental AG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Delphi Technologies
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. ETrio
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. EV Europe
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Folks Motor
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Hitachi Astemo Ltd.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Johnson Electric Holdings Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Loop Moto
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Magna International Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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