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Vehicle Conversion Market 2025-2029- Product Image
Vehicle Conversion Market 2025-2029- Product Image
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Vehicle Conversion Market 2025-2029

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    Report

  • 229 Pages
  • March 2025
  • Region: Global
  • TechNavio
  • ID: 5830506
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The vehicle conversion market is forecasted to grow by USD 2.80 billion during 2024-2029, accelerating at a CAGR of 8.6% during the forecast period. The report on the vehicle conversion market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent government regulations on fuel emission, growing focus on electric technology for vehicles, and government support for vehicle conversion and evs.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The vehicle conversion market is segmented as below:

By Type

  • Product
  • Services

By Vehicle Type

  • Passenger car
  • Commercial vehicle
  • Others

By Component

  • Exterior and body mods
  • Wheel and tire modifications
  • Others

By Conversion Process

  • Recreational conversion
  • Mobility conversion

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increasing development of low-cost vehicle conversion kits as one of the prime reasons driving the vehicle conversion market growth during the next few years. Also, new product development by leading companies in vehicle conversion and growing development of solar hybrid electric cars will lead to sizable demand in the market.

The report on the vehicle conversion market covers the following areas:

  • Vehicle Conversion Market sizing
  • Vehicle Conversion Market forecast
  • Vehicle Conversion Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle conversion market vendors that include Adventure Van Custom Conversions, Canadian Electric Vehicles Ltd., Dave In Action LLC, Deere and Co., DIYEV Inc., Electric Classic Cars, Electric GT Inc., EV4U Custom Conversions, EVDrive, EV Source, EV West, Glampervan, Green Shed Conversions, HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS, Kisae Technology Inc., OPTO innovation, retroEv, Road Warrior Conversions, Stealth EV, and ZENVANZ. Also, the vehicle conversion 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 report 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 primary and secondary research. 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by Conversion Process
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Vehicle Conversion Market 2019 - 2023
Historic Market Size - Data Table on Global Vehicle Conversion Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.4 Component segment analysis 2019 - 2023
Historic Market Size - Component Segment 2019 - 2023 ($ million)
5.5 Conversion Process segment analysis 2019 - 2023
Historic Market Size - Conversion Process Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Global Vehicle Conversion Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Product - Market size and forecast 2024-2029
Chart on Product - Market size and forecast 2024-2029 ($ million)
Data Table on Product - Market size and forecast 2024-2029 ($ million)
Chart on Product - Year-over-year growth 2024-2029 (%)
Data Table on Product - Year-over-year growth 2024-2029 (%)
8.4 Services - Market size and forecast 2024-2029
Chart on Services - Market size and forecast 2024-2029 ($ million)
Data Table on Services - Market size and forecast 2024-2029 ($ million)
Chart on Services - Year-over-year growth 2024-2029 (%)
Data Table on Services - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Vehicle Type
9.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
9.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
9.3 Passenger car - Market size and forecast 2024-2029
Chart on Passenger car - Market size and forecast 2024-2029 ($ million)
Data Table on Passenger car - Market size and forecast 2024-2029 ($ million)
Chart on Passenger car - Year-over-year growth 2024-2029 (%)
Data Table on Passenger car - Year-over-year growth 2024-2029 (%)
9.4 Commercial vehicle - Market size and forecast 2024-2029
Chart on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Data Table on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Chart on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Commercial vehicle - Year-over-year growth 2024-2029 (%)
9.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
10 Market Segmentation by Component
10.1 Market segments
Chart on Component - Market share 2024-2029 (%)
Data Table on Component - Market share 2024-2029 (%)
10.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
10.3 Exterior and body mods - Market size and forecast 2024-2029
Chart on Exterior and body mods - Market size and forecast 2024-2029 ($ million)
Data Table on Exterior and body mods - Market size and forecast 2024-2029 ($ million)
Chart on Exterior and body mods - Year-over-year growth 2024-2029 (%)
Data Table on Exterior and body mods - Year-over-year growth 2024-2029 (%)
10.4 Wheel and tire modifications - Market size and forecast 2024-2029
Chart on Wheel and tire modifications - Market size and forecast 2024-2029 ($ million)
Data Table on Wheel and tire modifications - Market size and forecast 2024-2029 ($ million)
Chart on Wheel and tire modifications - Year-over-year growth 2024-2029 (%)
Data Table on Wheel and tire modifications - Year-over-year growth 2024-2029 (%)
10.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Component
Market opportunity by Component ($ million)
Data Table on Market opportunity by Component ($ million)
11 Market Segmentation by Conversion Process
11.1 Market segments
Chart on Conversion Process - Market share 2024-2029 (%)
Data Table on Conversion Process - Market share 2024-2029 (%)
11.2 Comparison by Conversion Process
Chart on Comparison by Conversion Process
Data Table on Comparison by Conversion Process
11.3 Recreational conversion - Market size and forecast 2024-2029
Chart on Recreational conversion - Market size and forecast 2024-2029 ($ million)
Data Table on Recreational conversion - Market size and forecast 2024-2029 ($ million)
Chart on Recreational conversion - Year-over-year growth 2024-2029 (%)
Data Table on Recreational conversion - Year-over-year growth 2024-2029 (%)
11.4 Mobility conversion - Market size and forecast 2024-2029
Chart on Mobility conversion - Market size and forecast 2024-2029 ($ million)
Data Table on Mobility conversion - Market size and forecast 2024-2029 ($ million)
Chart on Mobility conversion - Year-over-year growth 2024-2029 (%)
Data Table on Mobility conversion - Year-over-year growth 2024-2029 (%)
11.5 Market opportunity by Conversion Process
Market opportunity by Conversion Process ($ million)
Data Table on Market opportunity by Conversion Process ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
13.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
13.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
13.4 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
13.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
13.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
13.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
13.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
13.10 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.11 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.12 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.13 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
13.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
13.15 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
13.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
13.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
13.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints
15 Competitive Landscape
15.1 Overview
15.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
Overview on factors of disruption
15.4 Industry risks
Impact of key risks on business
16 Competitive Analysis
16.1 Companies profiled
Companies covered
16.2 Company ranking index
Company ranking index
16.3 Market positioning of companies
Matrix on companies position and classification
16.4 Adventure Van Custom Conversions
Adventure Van Custom Conversions - Overview
Adventure Van Custom Conversions - Product / Service
Adventure Van Custom Conversions - Key offerings
SWOT
16.5 Dave In Action LLC
Dave In Action LLC - Overview
Dave In Action LLC - Product / Service
Dave In Action LLC - Key offerings
SWOT
16.6 Deere and Co.
Deere and Co. - Overview
Deere and Co. - Business segments
Deere and Co. - Key news
Deere and Co. - Key offerings
Deere and Co. - Segment focus
SWOT
16.7 DIYEV Inc.
DIYEV Inc. - Overview
DIYEV Inc. - Product / Service
DIYEV Inc. - Key offerings
SWOT
16.8 Electric GT Inc.
Electric GT Inc. - Overview
Electric GT Inc. - Product / Service
Electric GT Inc. - Key offerings
SWOT
16.9 EV4U Custom Conversions
EV4U Custom Conversions - Overview
EV4U Custom Conversions - Product / Service
EV4U Custom Conversions - Key offerings
SWOT
16.10 EVDrive
EVDrive - Overview
EVDrive - Product / Service
EVDrive - Key offerings
SWOT
16.11 EV Source
EV Source - Overview
EV Source - Product / Service
EV Source - Key offerings
SWOT
16.12 EV West
EV West - Overview
EV West - Product / Service
EV West - Key offerings
SWOT
16.13 Glampervan
Glampervan - Overview
Glampervan - Product / Service
Glampervan - Key offerings
SWOT
16.14 Green Shed Conversions
Green Shed Conversions - Overview
Green Shed Conversions - Product / Service
Green Shed Conversions - Key offerings
SWOT
16.15 HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS
HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Overview
HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Product / Service
HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Key offerings
SWOT
16.16 Kisae Technology Inc.
Kisae Technology Inc. - Overview
Kisae Technology Inc. - Product / Service
Kisae Technology Inc. - Key offerings
SWOT
16.17 Stealth EV
Stealth EV - Overview
Stealth EV - Product / Service
Stealth EV - Key offerings
SWOT
16.18 ZENVANZ
ZENVANZ - Overview
ZENVANZ - Product / Service
ZENVANZ - Key offerings
SWOT
17 Appendix
17.1 Scope of the report
17.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
17.3 Currency conversion rates for US$
Currency conversion rates for US$
17.4 Research methodology
Research methodology
17.5 Data procurement
Information sources
17.6 Data validation
Data validation
17.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
17.8 Data synthesis
Data synthesis
17.9 360 degree market analysis
360 degree market analysis
17.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by Component
Exhibits 8: Executive Summary - Chart on Market Segmentation by Conversion Process
Exhibits 9: Executive Summary - Chart on Incremental Growth
Exhibits 10: Executive Summary - Data Table on Incremental Growth
Exhibits 11: Executive Summary - Chart on Company Market Positioning
Exhibits 12: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 13: Overview on criticality of inputs and factors of differentiation
Exhibits 14: Overview on factors of disruption
Exhibits 15: Impact of drivers and challenges in 2024 and 2029
Exhibits 16: Parent Market
Exhibits 17: Data Table on - Parent Market
Exhibits 18: Market characteristics analysis
Exhibits 19: Value chain analysis
Exhibits 20: Offerings of companies included in the market definition
Exhibits 21: Market segments
Exhibits 22: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 24: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 26: Historic Market Size - Data Table on Global Vehicle Conversion Market 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Component Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Conversion Process Segment 2019 - 2023 ($ million)
Exhibits 31: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 32: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 33: Five forces analysis - Comparison between 2024 and 2029
Exhibits 34: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 35: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 37: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 38: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 39: Chart on Market condition - Five forces 2024 and 2029
Exhibits 40: Chart on Type - Market share 2024-2029 (%)
Exhibits 41: Data Table on Type - Market share 2024-2029 (%)
Exhibits 42: Chart on Comparison by Type
Exhibits 43: Data Table on Comparison by Type
Exhibits 44: Chart on Product - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Data Table on Product - Market size and forecast 2024-2029 ($ million)
Exhibits 46: Chart on Product - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on Product - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on Services - Market size and forecast 2024-2029 ($ million)
Exhibits 49: Data Table on Services - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Chart on Services - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on Services - Year-over-year growth 2024-2029 (%)
Exhibits 52: Market opportunity by Type ($ million)
Exhibits 53: Data Table on Market opportunity by Type ($ million)
Exhibits 54: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits 55: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits 56: Chart on Comparison by Vehicle Type
Exhibits 57: Data Table on Comparison by Vehicle Type
Exhibits 58: Chart on Passenger car - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Data Table on Passenger car - Market size and forecast 2024-2029 ($ million)
Exhibits 60: Chart on Passenger car - Year-over-year growth 2024-2029 (%)
Exhibits 61: Data Table on Passenger car - Year-over-year growth 2024-2029 (%)
Exhibits 62: Chart on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 63: Data Table on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 64: Chart on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 65: Data Table on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 66: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 68: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 69: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 70: Market opportunity by Vehicle Type ($ million)
Exhibits 71: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 72: Chart on Component - Market share 2024-2029 (%)
Exhibits 73: Data Table on Component - Market share 2024-2029 (%)
Exhibits 74: Chart on Comparison by Component
Exhibits 75: Data Table on Comparison by Component
Exhibits 76: Chart on Exterior and body mods - Market size and forecast 2024-2029 ($ million)
Exhibits 77: Data Table on Exterior and body mods - Market size and forecast 2024-2029 ($ million)
Exhibits 78: Chart on Exterior and body mods - Year-over-year growth 2024-2029 (%)
Exhibits 79: Data Table on Exterior and body mods - Year-over-year growth 2024-2029 (%)
Exhibits 80: Chart on Wheel and tire modifications - Market size and forecast 2024-2029 ($ million)
Exhibits 81: Data Table on Wheel and tire modifications - Market size and forecast 2024-2029 ($ million)
Exhibits 82: Chart on Wheel and tire modifications - Year-over-year growth 2024-2029 (%)
Exhibits 83: Data Table on Wheel and tire modifications - Year-over-year growth 2024-2029 (%)
Exhibits 84: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 85: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 86: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 87: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 88: Market opportunity by Component ($ million)
Exhibits 89: Data Table on Market opportunity by Component ($ million)
Exhibits 90: Chart on Conversion Process - Market share 2024-2029 (%)
Exhibits 91: Data Table on Conversion Process - Market share 2024-2029 (%)
Exhibits 92: Chart on Comparison by Conversion Process
Exhibits 93: Data Table on Comparison by Conversion Process
Exhibits 94: Chart on Recreational conversion - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Data Table on Recreational conversion - Market size and forecast 2024-2029 ($ million)
Exhibits 96: Chart on Recreational conversion - Year-over-year growth 2024-2029 (%)
Exhibits 97: Data Table on Recreational conversion - Year-over-year growth 2024-2029 (%)
Exhibits 98: Chart on Mobility conversion - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Data Table on Mobility conversion - Market size and forecast 2024-2029 ($ million)
Exhibits 100: Chart on Mobility conversion - Year-over-year growth 2024-2029 (%)
Exhibits 101: Data Table on Mobility conversion - Year-over-year growth 2024-2029 (%)
Exhibits 102: Market opportunity by Conversion Process ($ million)
Exhibits 103: Data Table on Market opportunity by Conversion Process ($ million)
Exhibits 104: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 105: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 106: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 107: Chart on Geographic comparison
Exhibits 108: Data Table on Geographic comparison
Exhibits 109: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 157: Chart on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 158: Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 159: Chart on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 160: Data Table on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 161: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 162: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 163: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 164: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 165: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 166: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 167: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 168: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 169: Market opportunity By Geographical Landscape ($ million)
Exhibits 170: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 171: Impact of drivers and challenges in 2024 and 2029
Exhibits 172: Overview on criticality of inputs and factors of differentiation

Executive Summary

The following companies are recognized as the key players in the global vehicle conversion market: Adventure Van Custom Conversions, Canadian Electric Vehicles Ltd., Dave In Action LLC, Deere and Co., DIYEV Inc., Electric Classic Cars, Electric GT Inc., EV4U Custom Conversions, EVDrive, EV Source, EV West, Glampervan, Green Shed Conversions, HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS, Kisae Technology Inc., OPTO innovation, retroEv, Road Warrior Conversions, Stealth EV, and ZENVANZ.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing development of low-cost vehicle conversion kits."

According to the report, one of the major drivers for this market is the stringent government regulations on fuel emission.

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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Adventure Van Custom Conversions
  • Canadian Electric Vehicles Ltd.
  • Dave In Action LLC
  • Deere and Co.
  • DIYEV Inc.
  • Electric Classic Cars
  • Electric GT Inc.
  • EV4U Custom Conversions
  • EVDrive
  • EV Source
  • EV West
  • Glampervan
  • Green Shed Conversions
  • HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS
  • Kisae Technology Inc.
  • OPTO innovation
  • retroEv
  • Road Warrior Conversions
  • Stealth EV
  • ZENVANZ

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