Global Hybrid Electric Vehicle Conversion Kits Market Growth 2025-2031
Description
The global Hybrid Electric Vehicle Conversion Kits market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The Vehicle conversion kit is an additional system which is used for the replacement or addition of the certain features in the vehicles. The automotive conversion kit enables the smooth replacement of the automotive parts with the new parts. It helps in the modification and customization of the vehicle according to the customer requirement. The automotive conversion kit is fitted in the vehicle in order to get enhanced features and improvement in the efficiency of the vehicle.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
LP Information, Inc. (LPI) ' newest research report, the “Hybrid Electric Vehicle Conversion Kits Industry Forecast” looks at past sales and reviews total world Hybrid Electric Vehicle Conversion Kits sales in 2024, providing a comprehensive analysis by region and market sector of projected Hybrid Electric Vehicle Conversion Kits sales for 2025 through 2031. With Hybrid Electric Vehicle Conversion Kits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hybrid Electric Vehicle Conversion Kits industry.
This Insight Report provides a comprehensive analysis of the global Hybrid Electric Vehicle Conversion Kits 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 Hybrid Electric Vehicle Conversion Kits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hybrid Electric Vehicle Conversion Kits market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hybrid Electric Vehicle Conversion Kits and breaks down the forecast by Type, 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 Hybrid Electric Vehicle Conversion Kits.
This report presents a comprehensive overview, market shares, and growth opportunities of Hybrid Electric Vehicle Conversion Kits market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Power Conversion Kit
Brakes Conversion Kit
Lights Conversion Kit
Locking System Conversion Kit
Steering Conversion Kit
Energy Saving Conversion Kit
Segmentation by Application:
Passenger Cars
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 analysing the company's coverage, product portfolio, its market penetration.
Stark Automotive
SkyCNG
Hidlook
Canadian Electric Vehicles Ltd.
Nash Fuel, Inc.
Ecogas
EuropeGAS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hybrid Electric Vehicle Conversion Kits market?
What factors are driving Hybrid Electric Vehicle Conversion Kits market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hybrid Electric Vehicle Conversion Kits market opportunities vary by end market size?
How does Hybrid Electric Vehicle Conversion Kits break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The Vehicle conversion kit is an additional system which is used for the replacement or addition of the certain features in the vehicles. The automotive conversion kit enables the smooth replacement of the automotive parts with the new parts. It helps in the modification and customization of the vehicle according to the customer requirement. The automotive conversion kit is fitted in the vehicle in order to get enhanced features and improvement in the efficiency of the vehicle.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
LP Information, Inc. (LPI) ' newest research report, the “Hybrid Electric Vehicle Conversion Kits Industry Forecast” looks at past sales and reviews total world Hybrid Electric Vehicle Conversion Kits sales in 2024, providing a comprehensive analysis by region and market sector of projected Hybrid Electric Vehicle Conversion Kits sales for 2025 through 2031. With Hybrid Electric Vehicle Conversion Kits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hybrid Electric Vehicle Conversion Kits industry.
This Insight Report provides a comprehensive analysis of the global Hybrid Electric Vehicle Conversion Kits 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 Hybrid Electric Vehicle Conversion Kits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hybrid Electric Vehicle Conversion Kits market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hybrid Electric Vehicle Conversion Kits and breaks down the forecast by Type, 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 Hybrid Electric Vehicle Conversion Kits.
This report presents a comprehensive overview, market shares, and growth opportunities of Hybrid Electric Vehicle Conversion Kits market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Power Conversion Kit
Brakes Conversion Kit
Lights Conversion Kit
Locking System Conversion Kit
Steering Conversion Kit
Energy Saving Conversion Kit
Segmentation by Application:
Passenger Cars
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 analysing the company's coverage, product portfolio, its market penetration.
Stark Automotive
SkyCNG
Hidlook
Canadian Electric Vehicles Ltd.
Nash Fuel, Inc.
Ecogas
EuropeGAS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hybrid Electric Vehicle Conversion Kits market?
What factors are driving Hybrid Electric Vehicle Conversion Kits market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hybrid Electric Vehicle Conversion Kits market opportunities vary by end market size?
How does Hybrid Electric Vehicle Conversion Kits break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
89 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Hybrid Electric Vehicle Conversion Kits by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Hybrid Electric Vehicle Conversion Kits by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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