Product Code: RP-ID-10352133 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Automotive & Transportation |
Report ID: 10352133
Market Overview:
Global Electric Vehicle Range Extender Market Analysis & Outlook 2030
The Electric Vehicle Range Extender Market is estimated at USD 1.5 billion in 2021 and is anticipated to expand at a CAGR of around 10% during the estimate time frame (2022-2030).
The Impact of the COVID-19 pandemic on the EV range extender market is unavoidable due to close down of assembling units and lock downs. Nonetheless, market is relied upon to recapture its force inferable from the quickly heightening year-on-year reception pace of electric vehicles across the world.
Factors, for example, ascend popular for driving reach expansion of the electric vehicles and motor cutting back to increase the development of the EV range extender market. Also, advancements for the expansion of driving scope of BEVs and improved focal point of OEMs toward diminishing the cost of the battery are required to prevent the development of the market across the globe. Also, developing reception of new innovations, for example, towable generators and batteries expected to expand interest for range extenders over the figure time frame.
Asia Pacific expected to hold huge offer on the lookout and North America to show quickest development during the conjecture time frame. This development can be ascribed to critical reception of mixture and unadulterated EVs, alongside an absence of charging foundation across the district. Europe likewise to observe positive development attributable to rising deals of EV in key nations like the U.K., Germany, Norway, and France.
Extent of the Report :
Electric vehicle range extender is a helper power source unit prepared in EVs, to work on the vehicle's reach during weariness of battery limit in the wake of covering certain distance. The report covers most recent innovations, patterns and advancements on the lookout. The Scope of the report covers division dependent on type, part, vehicle type and geology.
By Type, the market is sectioned into ICE Range Extender, Fuel Cell Range Extender and Others. By Component type, the market is sectioned into Battery Pack, Electric Motor, Generator and Power Converter.
By Vehicle Type, the market is sectioned into Passenger Car and Commercial Vehicle and By Geography, the market is portioned into North America, Europe, Asia-Pacific, and Rest of the world. For each section market estimating and conjecture has been done on premise of significant worth (USD million).
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