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The publisher has been monitoring the hybrid electric vehicle conversion kit market and it is poised to grow by 40.06 thousand units during 2021-2025, progressing at a CAGR of 16.71% during the forecast period. The report on the hybrid electric vehicle conversion kit market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the enforcement of regulations to propel the adoption of efficient conversion kits and the development in emerging markets driving conversion kit adoption.
The hybrid electric vehicle conversion kit market analysis includes the application segment and geographic landscape.
The hybrid electric vehicle conversion kit market is segmented as below:
By Application
- Commercial vehicles
- Passenger cars
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- MEA
This study identifies the development of grid-independent low-cost hybrid kit for light vehicles as one of the prime reasons driving the hybrid electric vehicle conversion kit market growth during the next few years.
The report on hybrid electric vehicle conversion kit market covers the following areas:
- Hybrid electric vehicle conversion kit market sizing
- Hybrid electric vehicle conversion kit market forecast
- Hybrid electric vehicle conversion kit market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hybrid electric vehicle conversion kit market vendors that include A123 Systems LLC, Altigreen Propulsion Labs Pvt. Ltd., Enginer, EVDrive, Hybrid Design Services Inc., IX Energy Pvt. Ltd., KPIT Technologies Ltd., Odyne Systems LLC, Stealth EV, and XL Hybrids Inc. Also, the hybrid electric vehicle conversion kit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Commercial vehicles - Market size and forecast 2020-2025
- Passenger cars - Market size and forecast 2020-2025
- Market opportunity by Application
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- A123 Systems LLC
- Altigreen Propulsion Labs Pvt. Ltd.
- Enginer
- EVDrive
- Hybrid Design Services Inc.
- IX Energy Pvt. Ltd.
- KPIT Technologies Ltd.
- Odyne Systems LLC
- Stealth EV
- XL Hybrids Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2020 - 2025 (thousand units)
- Global market: Year-over-year growth 2020 - 2025 (%)
- Five forces analysis 2020 & 2025
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2020
- Application - Market share 2020-2025 (%)
- Comparison by Application
- Commercial vehicles - Market size and forecast 2020-2025 (thousand units)
- Commercial vehicles - Year-over-year growth 2020-2025 (%)
- Passenger cars - Market size and forecast 2020-2025 (thousand units)
- Passenger cars - Year-over-year growth 2020-2025 (%)
- Market opportunity by Application
- Customer landscape
- Market share By Geographical Landscape 2020-2025 (%)
- Geographic comparison
- North America - Market size and forecast 2020-2025 (thousand units)
- North America - Year-over-year growth 2020-2025 (%)
- APAC - Market size and forecast 2020-2025 (thousand units)
- APAC - Year-over-year growth 2020-2025 (%)
- Europe - Market size and forecast 2020-2025 (thousand units)
- Europe - Year-over-year growth 2020-2025 (%)
- South America - Market size and forecast 2020-2025 (thousand units)
- South America - Year-over-year growth 2020-2025 (%)
- MEA - Market size and forecast 2020-2025 (thousand units)
- MEA - Year-over-year growth 2020-2025 (%)
- Key leading countries
- Market opportunity By Geographical Landscape (thousand units)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- A123 Systems LLC - Overview
- A123 Systems LLC - Product and service
- A123 Systems LLC - Key offerings
- A123 Systems LLC - Key customers
- A123 Systems LLC - Segment focus
- Altigreen Propulsion Labs Pvt. Ltd. - Overview
- Altigreen Propulsion Labs Pvt. Ltd. - Product and service
- Altigreen Propulsion Labs Pvt. Ltd. - Key offerings
- Altigreen Propulsion Labs Pvt. Ltd. - Key customers
- Altigreen Propulsion Labs Pvt. Ltd. - Segment focus
- Enginer - Overview
- Enginer - Product and service
- Enginer - Key offerings
- Enginer - Key customers
- Enginer - Segment focus
- EVDrive - Overview
- EVDrive - Product and service
- EVDrive - Key offerings
- EVDrive - Key customers
- EVDrive - Segment focus
- Hybrid Design Services Inc. - Overview
- Hybrid Design Services Inc. - Product and service
- Hybrid Design Services Inc. - Key offerings
- Hybrid Design Services Inc. - Key customers
- Hybrid Design Services Inc. - Segment focus
- IX Energy Pvt. Ltd. - Overview
- IX Energy Pvt. Ltd. - Product and service
- IX Energy Pvt. Ltd. - Key offerings
- IX Energy Pvt. Ltd. - Key customers
- IX Energy Pvt. Ltd. - Segment focus
- KPIT Technologies Ltd. - Overview
- KPIT Technologies Ltd. - Product and service
- KPIT Technologies Ltd. - Key offerings
- KPIT Technologies Ltd. - Key customers
- KPIT Technologies Ltd. - Segment focus
- Odyne Systems LLC - Overview
- Odyne Systems LLC - Product and service
- Odyne Systems LLC - Key offerings
- Odyne Systems LLC - Key customers
- Odyne Systems LLC - Segment focus
- Stealth EV - Overview
- Stealth EV - Business segments
- Stealth EV - Key offerings
- Stealth EV - Key customers
- Stealth EV - Segment focus
- XL Hybrids Inc. - Overview
- XL Hybrids Inc. - Product and service
- XL Hybrids Inc. - Key offerings
- XL Hybrids Inc. - Key customers
- XL Hybrids Inc. - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global hybrid electric vehicle conversion kit market: A123 Systems LLC, Altigreen Propulsion Labs Pvt. Ltd., Enginer, EVDrive, Hybrid Design Services Inc., IX Energy Pvt. Ltd., KPIT Technologies Ltd., Odyne Systems LLC, Stealth EV, and XL Hybrids Inc.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the development of grid-independent low-cost hybrid kit for light vehicles.`
According to the report, one of the major drivers for this market is the enforcement of regulations to propel adoption of efficient conversion kits.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- A123 Systems LLC
- Altigreen Propulsion Labs Pvt. Ltd.
- Enginer
- EVDrive
- Hybrid Design Services Inc.
- IX Energy Pvt. Ltd.
- KPIT Technologies Ltd.
- Odyne Systems LLC
- Stealth EV
- XL Hybrids Inc.
