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Electric Vehicle (EV) Range Extender Market by Type (Fuel Cell Range Extender, ICE Range Extender, and Others), Component (Battery Pack, Power Converter, Generator, and Electric Motor), and Vehicle Type (Passenger Car and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2019–2026

A06026
Pages: 212
Feb 2020 | 1660 Views
 
Author(s) : Abhay Singh and Lalit Katare , Sonia Mutreja
Tables: 96
Charts: 70
 

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Electric Vehicle (EV) Range Extender Market Statistics - 2026

The global electric vehicle (EV) range extender market was valued at $839.8 million in 2018, and is projected to reach $1,679.9 million by 2026, registering a CAGR of 9.0%. Asia-Pacific was the highest revenue contributor, accounting for $406.6 million in 2018, and is estimated to reach $756.8 million by 2026, with a CAGR of 8.1%. North America is estimated to reach $342.7 million by 2026, at a significant CAGR of 10.6%. Asia-Pacific and Europe collectively accounted for around 72.4% share in 2018, with the former constituting around 48.4% share. North America and Europe are expected to witness considerable CAGRs of 10.6% and 9.6%, respectively, during the forecast period. The cumulative share of these two segments was 42.2% in 2018, and is anticipated to reach 45.4% by 2026.                                    

Electric vehicles require electricity to propel, which is obtained from batteries equipped in the vehicles. These batteries have a fixed moving range after which they need to be charged for their further movement. To prevent this situation, electric vehicle range extenders are used that provide additional energy to electric vehicles for functioning and to carry out other operations. Electric vehicle range extenders have a wider application in commercial vehicles, as they increase the efficiency and performance of the vehicle. The electric vehicle range extender uses battery packs as a power source and can deliver power through a single phase or through a three-phase system. Electric vehicle range extender includes variety of components such as generator, battery packs, converters, and electric motors to enable range extension in electric vehicles. With the introduction of electric vehicles across the globe, the demand for range extender has increased, thereby leading to the growth of electric vehicle range extender market. 

Electric Vehicle (EV) Range Extender Market

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A better and efficient range extender for electric vehicles is required to increase the distance covering range of the electric vehicle. Several developments have been carried out by companies for improved and efficient electric vehicle range extender, which have supplemented the electric vehicle range extender market growth across the globe. 

Factors such as increase in demand for driving range extension of electric vehicles and engine downsizing are supplementing the growth of the EV range extender market. However, developments for the extension of driving range of BEVs and enhanced focus of OEMs toward reducing the price of battery are expected to hinder the growth of the EV range extender market across the globe. On the contrary, surge in demand for fuel cell range extender and development of new types of range extenders are expected to supplement the growth of the market.

Electric Vehicle (EV) Range Extender Market
By Type

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Fuel cell range extender is projected as the most lucrative segments

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The global electric vehicle range extender market is segmented into type, component, vehicle type, and region. Depending on component, the market is categorized into fuel cell range extender, ice range extender, and others. On the basis of component, it is segregated into battery pack, power converter, generator, and electric motor. By vehicle type, it is bifurcated into passenger car and commercial vehicle. North America, Europe, Asia-Pacific and LAMEA are the key regions across which the electric vehicle range extender market report has been studied.

The key players operating in the global EV range extender market include AVL, Ballard Power Systems, BMW, Ceres Power, Delta Motorsport, Magna International, MAHLE, Nissan Motor Corporation, Plug Power Inc., and Rheinmetall, which account for a major market share.

Electric Vehicle (EV) Range Extender Market
By Component

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Power Converter is projected as the most lucrative segments

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Increasing Demand for Driving Range Extension for Electric Vehicles

Surge in production and sales of electric vehicles has enforced manufacturers to develop range extension systems for vehicles. This is attributed to the fact that the battery installed in electric vehicles have a limited power storage capacity, which is discharged as per the usage of the vehicle. In addition, the unavailability of proper vehicle charging infrastructure supplements the adoption of such systems for electric vehicles to provide a comfortable driving experience and to reduce the need for battery charging after a certain time period. Therefore, increase in demand for driving range extension for electric vehicles is a key factor, which is expected to drive the growth of the electric vehicle range extender market during the forecast period.

Engine Downsizing

Engine downsizing is the process of using a smaller yet powerful engine in the vehicle instead of a dedicated big engine which is also designed to perform the same task. Engine downsizing helps the vehicle manufacturers to provide efficient vehicles with less emission due to less weight of the engine. Various automobile manufacturers have carried out developments related to engine downsizing which has boosted the concept. For instance, The Volkswagen Group replaced their 1.6 and 2.0 liter gasoline engines with the 1.4 TSI unit. This resulted in 5% lower fuel consumption than the older engines which helped the manufacturer to enhance the product to a much larger extent. Thus, similar other developments carried out across the globe related to engine downsizing boosts the electric vehicle range extender market leading to positive growth during the forecast period.

Electric Vehicle (EV) Range Extender Market
By Vehicle Type

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Commercial Vehicle is projected as the most lucrative segments

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Increasing Development Towards Extending Driving Range of BEVs

Lower capacity of batteries installed in electric vehicle leads to a limited range travelling of the vehicle and hence the electric vehicle manufacturers have moved towards extending the capacity of the battery which are designed for electric vehicles. This can be done by the usage of better and efficient anode and cathode plates in batteries as well as a better electrolyte solution which are efficient while operating. This is expected to hamper the electric vehicle range extender market during the forecast period.

Increasing Demand for Fuel Cell Range Extender

Numerous fuel cell based electric vehicles are being introduced by top vehicle manufacturers such as Audi, BMW and others which has supplemented the growth of electric vehicles across the globe. Also, fuel cell based vehicles are efficient in terms of propulsion as compared to basic battery operated vehicles. Thus with continuous developments carried out towards the range extension for electric vehicles, the demand for fuel cell range extender is increasing which supplements the electric vehicle range extender market growth.

Electric Vehicle (EV) Range Extender Market
By Region

2026
Asia-pacific 
North America
Europe
Lamea

North America would exhibit the highest CAGR of 10.6% during 2019-2026.

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Key Benefits for Stakeholders:

  • This study presents the analytical depiction of the global electric vehicle range extender market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall electric vehicle range extender market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global electric vehicle range extender market with a detailed impact analysis.
  • The current electric vehicle range extender market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments:

By Type

  • Fuel Cell Range Extender
  • ICE Range Extender
  • Others

By Component

  • Battery Pack
  • Power Converter
  • Generator
  • Electric Motor

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany 
    • France 
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India 
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • AVL
  • Ballard Power Systems
  • BMW
  • Ceres Power
  • Delta Motorsport
  • Magna International
  • MAHLE
  • Nissan Motor Corporation
  • Plug Power Inc.
  • Rheinmetall
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porter’s five forces analysis
3.4. Market share analysis, 2018
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increase in demand for driving range extension for electric vehicles
3.5.1.2. Engine downsizing

3.5.2. Restraint

3.5.2.1. Development toward extending driving range of BEVs
3.5.2.2. Enhanced focus of OEMs toward reducing the price of the battery

3.5.3. Opportunities

3.5.3.1. Increase in demand for fuel cell range extender
3.5.3.2. Development of new types of range extenders

CHAPTER 4: ELECTRIC VEHICLE RANGE EXTENDER, BY TYPE

4.1. Overview
4.2. Fuel cell range extender

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. ICE range extender

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

4.4. Others

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

CHAPTER 5: ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT

5.1. Overview
5.2. Battery pack

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. Power converter

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Generator

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. Electric motor

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

CHAPTER 6: ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE

6.1. Overview
6.2. Passenger vehicle

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country

6.3. Commercial vehicle

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

CHAPTER 7: ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY REGION

7.1. Overview
7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by type
7.2.3. Market size and forecast, by component
7.2.4. Market size and forecast, by vehicle type
7.2.5. Market analysis by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by type
7.2.5.1.2. Market size and forecast, by component
7.2.5.1.3. Market size and forecast, by vehicle type

7.2.5.2. Canada.

7.2.5.2.1. Market size and forecast, by type
7.2.5.2.2. Market size and forecast, by component
7.2.5.2.3. Market size and forecast, by vehicle type

7.2.5.3. Mexico

7.2.5.3.1. Market size and forecast, by type
7.2.5.3.2. Market size and forecast, by component
7.2.5.3.3. Market size and forecast, by vehicle type

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by type
7.3.3. Market size and forecast, by component
7.3.4. Market size and forecast, by vehicle type
7.3.5. Market analysis by country

7.3.5.1. Germany

7.3.5.1.1. Market size and forecast, by type
7.3.5.1.2. Market size and forecast, by component
7.3.5.1.3. Market size and forecast, by vehicle type

7.3.5.2. France

7.3.5.2.1. Market size and forecast, by type
7.3.5.2.2. Market size and forecast, by component
7.3.5.2.3. Market size and forecast, by vehicle type

7.3.5.3. UK

7.3.5.3.1. Market size and forecast, by type
7.3.5.3.2. Market size and forecast, by component
7.3.5.3.3. Market size and forecast, by vehicle type

7.3.5.4. Italy

7.3.5.4.1. Market size and forecast, by type
7.3.5.4.2. Market size and forecast, by component
7.3.5.4.3. Market size and forecast, by vehicle type

7.3.5.5. Rest of Europe

7.3.5.5.1. Market size and forecast, by type
7.3.5.5.2. Market size and forecast, by component
7.3.5.5.3. Market size and forecast, by vehicle type

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by type
7.4.3. Market size and forecast, by component
7.4.4. Market size and forecast, by vehicle type
7.4.5. Market analysis by country

7.4.5.1. China

7.4.5.1.1. Market size and forecast, by type
7.4.5.1.2. Market size and forecast, by component
7.4.5.1.3. Market size and forecast, by vehicle type

7.4.5.2. Japan

7.4.5.2.1. Market size and forecast, by type
7.4.5.2.2. Market size and forecast, by component
7.4.5.2.3. Market size and forecast, by vehicle type

7.4.5.3. India

7.4.5.3.1. Market size and forecast, by type
7.4.5.3.2. Market size and forecast, by component
7.4.5.3.3. Market size and forecast, by vehicle type

7.4.5.4. South Korea

7.4.5.4.1. Market size and forecast, by type
7.4.5.4.2. Market size and forecast, by component
7.4.5.4.3. Market size and forecast, by vehicle type

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market size and forecast, by type
7.4.5.5.2. Market size and forecast, by component
7.4.5.5.3. Market size and forecast, by vehicle type

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by type
7.5.3. Market size and forecast, by component
7.5.4. Market size and forecast, by vehicle type
7.5.5. Market analysis by country

7.5.5.1. Latin America

7.5.5.1.1. Market size and forecast, by type
7.5.5.1.2. Market size and forecast, by component
7.5.5.1.3. Market size and forecast, by vehicle type

7.5.5.2. Middle East

7.5.5.2.1. Market size and forecast, by type
7.5.5.2.2. Market size and forecast, by component
7.5.5.2.3. Market size and forecast, by vehicle type

7.5.5.3. Africa

7.5.5.3.1. Market size and forecast, by type
7.5.5.3.2. Market size and forecast, by component
7.5.5.3.3. Market size and forecast, by vehicle type

CHAPTER 8: COMPANY PROFILES

8.1. MAGNA INTERNATIONAL INC.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments

8.2. MAHLE GmbH

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance

8.3. Rheinmetall AG

8.3.1. Company overview
8.3.2. Operating business segments
8.3.3. Product portfolio
8.3.4. Business performance

8.4. PLUG POWER INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments

8.5. Ballard Power Systems Inc.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments

8.6. Delta motorsport

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio

8.7. CERES Power

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves and developments

8.8. BMW Group

8.8.1. Company overview
8.8.2. Operating business segments
8.8.3. Business performance
8.8.4. Key strategic moves and developments

8.9. Nissan Motor Corporation

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance

8.10. AVL

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 02. ELECTRIC VEHICLE FUEL CELL RANGE EXTENDER MARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 03. ELECTRIC VEHICLE ICE RANGE EXTENDER MARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 04. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 05. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018-2026($MILLION)
TABLE 06. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR BATTERY PACK, BY REGION, 2018-2026 ($MILLION)
TABLE 07. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR POWER CONVERTER, BY REGION, 2018-2026 ($MILLION)
TABLE 08. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR GENERATOR, BY REGION, 2018–2026 ($MILLION)
TABLE 09. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR ELECTRIC MOTOR, BY REGION, 2018–2026 ($MILLION)
TABLE 10. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018-2026($MILLION)
TABLE 11. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR PASSENGER VEHICLE, BY REGION, 2018-2026 ($MILLION)
TABLE 12. ELECTRIC VEHICLE RANGE EXTENDER MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION, 2018-2026 ($MILLION)
TABLE 13. NORTH AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 14. NORTH AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 15. NORTH AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 16. U.S. ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 17. U.S. ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 18. U.S. ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 19. CANADA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 20. CANADA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 21. CANADA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 22. MEXICO ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 23. MEXICO ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 24. MEXICO ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 25. EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 26. EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 27. EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 28. GERMANY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 29. GERMANY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 30. GERMANY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 31. FRANCE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 32. FRANCE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 33. FRANCE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 34. UK ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 35. UK ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 36. UK ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 37. ITALY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 38. ITALY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 39. ITALY ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 40. REST OF EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 41. REST OF EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 42. REST OF EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 43. ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 44. ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 45. ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 46. CHINA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 47. CHINA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 48. CHINA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 49. JAPAN ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 50. JAPAN ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 51. JAPAN ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 52. INDIA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 53. INDIA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 54. INDIA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 55. SOUTH KOREA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 56. SOUTH KOREA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 57. SOUTH KOREA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 58. REST OF ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 59. REST OF ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 60. REST OF ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 61. LAMEA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 62. LAMEA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 63. LAMEA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 64. LATIN AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 65. LATIN AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 66. LATIN AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 67. MIDDLE EAST ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 68. MIDDLE EAST ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 69. MIDDLE EAST ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 70. AFRICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 71. AFRICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 72. AFRICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 73. MAGNA INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 74. MAGNA INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 75. MAHLE GMBH: COMPANY SNAPSHOT
TABLE 76. MAHLE GMBH: OPERATING SEGMENTS
TABLE 77. MAHLE GMBH: PRODUCT PORTFOLIO
TABLE 78. RHEINMETALL AG: COMPANY SNAPSHOT
TABLE 79. RHEINMETALL AG: OPERATING SEGMENTS
TABLE 80. RHEINMETALL AG: PRODUCT PORTFOLIO
TABLE 81. PLUG POWER INC.: SNAPSHOT
TABLE 82. PLUG POWER INC.: OPERATING SEGMENTS
TABLE 83. PLUG POWER INC.: PRODUCT PORTFOLIO
TABLE 84. BALLARD POWER SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 85. BALLARD POWER SYSTEMS INC.: OPERATING SEGMENTS
TABLE 86. DELTA MOTORSPORT: SNAPSHOT
TABLE 87. DELTA MOTORSPORT: PRODUCT PORTFOLIO
TABLE 88. CERES POWER: COMPANY SNAPSHOT
TABLE 89. CERES POWER: OPERATING SEGMENTS
TABLE 90. CERES POWER: PRODUCT PORTFOLIO
TABLE 91. BMW GROUP: COMPANY SNAPSHOT
TABLE 92. BMW GROUP: OPERATING SEGMENTS
TABLE 93. NISSAN MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 94. NISSAN MOTOR CORPORATION: OPERATING SEGMENTS
TABLE 95. AVL: COMPANY SNAPSHOT
TABLE 96. AVL: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. EXECUTIVE SUMMARY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2016–2020*
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 2016–2020*
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2016–2020*
FIGURE 09. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTES
FIGURE 12. HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. MODERATE BARGAINING POWER OF BUYERS
FIGURE 14. MARKET SHARE ANALYSIS, 2018
FIGURE 15. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER, BY TYPE, 2018–2026 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE FUEL CELL RANGE EXTENDER MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE ICE RANGE EXTENDER MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR OTHERS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 19. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COMPONENT, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR BATTERY PACK, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR POWER CONVERTER, BY COUNTRY, 2018 & 2026 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR GENERATOR, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR ELECTRIC MOTOR, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24. GLOBAL ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY VEHICLE TYPE, 2018 & 2026 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR PASSENGER VEHICLE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET FOR COMMERCIAL VEHICLE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 27. ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY REGION, 2018-2026 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 29. U.S. ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 30. CANADA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 31. MEXICO ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 33. GERMANY ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 34. FRANCE ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 35. UK ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 36. ITALY ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 37. REST OF EUROPE ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 38. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 39. CHINA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 40. JAPAN ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 41. INDIA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 42. SOUTH KOREA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 43. REST OF ASIA-PACIFIC ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 44. COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE RANGE EXTENDER MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 45. LATIN AMERICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 46. MIDDLE EAST ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 47. AFRICA ELECTRIC VEHICLE RANGE EXTENDER MARKET, 2018–2026 ($MILLION)
FIGURE 48. MAGNA INTERNATIONAL INC.: NET SALES, 2016-2018 ($MILLION)
FIGURE 49. MAGNA INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 50. MAGNA INTERNATIONAL INC: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 51. MAHLE GMBH: REVENUE, 2016–2018 ($MILLION)
FIGURE 52. MAHLE GMBH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 53. MAHLE GMBH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54. RHEINMETALL AG: NET SALES,2016-2018 ($MILLION)
FIGURE 55. RHEINMETALL AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 56. RHEINMETALL AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 57. PLUG POWER INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 58. PLUG POWER INC.: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 59. BALLARD POWER SYSTEMS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 60. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 61. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 62. CERES POWER: REVENUE, 2016–2018 ($MILLION)
FIGURE 63. CERES POWER: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 64. CERES POWER: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 65. BMW GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 66. BMW GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 67. BMW GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 68. NISSAN MOTOR CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 69. NISSAN MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 70. NISSAN MOTOR CORPORATION: REVENUE SHARE BY REGION, 2018 (%)

 
 

Range extenders have a wider application in electric vehicles, as they are the major components, which are responsible to increase the travelling range of electric vehicles without charging them on a frequent basis. This increased demand has led the manufacturers to develop range extender systems for electric vehicles that increase the travelling range of electric vehicles. Furthermore, numerous developments have been carried out by companies across the globe that supplement the growth of the electric vehicle range extender market across the globe. For instance, Plug Power Inc. introduced its first ProGen fuel cell-powered electric delivery van to FedEx, which is equipped with range extender system designed especially for commercial vehicles. Furthermore, CERES Power developed steel cell technology, which can generate power from conventional fuels such as natural gas and from sustainable fuels, including biogas, ethanol, or hydrogen, and act as a range extenders of electric vehicles. Such developments carried across the globe by numerous players supplement the growth of electric vehicle range extender market.

Factors such as increase in demand for driving range extension of electric vehicles and rise in need for engine downsizing are the key factors that augment the growth of the global market. However, increase in developments for the extension of driving range of BEVs and enhanced focus of OEMs toward reducing the price of battery are expected to hinder the growth of the market across the globe. On the contrary, increase in demand for fuel cell range extenders and development of new types of range extenders are expected to offer remunerative opportunities for expansion of the global electric vehicle range extender market.

Asia-Pacific is the highest revenue contributor, followed by Europe, North America, and LAMEA. However, North America is expected to maintain the lead during the forecast period.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The new competitive developments in electric vehice range extender market includes numerous developments carried out by top electric vehicle manufacturers to increase the travelling range of electric vehicles which eventually leads to the growth of the market.

A. ICE based electric vehicle range extenders holds a major market share of approx. 47% in 2018 in the global electric vehicle range extender.

A. The sample for electric vehicle range extender market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. The potential customers of electric vehicle range extender market are the electric vehicle manufacturers who are intended to develop better and advanced electric vehicles which support long range travelling with least charging.

A. The leading players in EV range extender market are Delta motorsport, BMW Group, Nissan Motor Corporation and other who hold a major market share in the electric vehicle range extender market thus offering different products to customers across the globe.

A. The company profiles of the top market players of EV range extender market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. Based on the analysis carried out, Asia-Pacific is the highestr revenue contributor in the global EV range extender market and is expected to maintain the lead in the global market.

A. The service providers in the global EV range extender industry are the different range extender manufacturers who are developing effective range extenders which is propelling the growth of the global market.

A. The key growth strategies of EV range extender industry players includes product launch and developments followed by the expansions carried out to support the global EV range extender market.

 

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