Press release
Electric Vehicle (EV) Range Extender Market Size, Share And Analysis | 2027 | Growth And Market Overview
Battery electric vehicles (BEVs) usually have low range characteristics, which increase the need for electric vehicle range extenders. They can initiate additional power to charge the battery. Electric vehicle range extenders are commonly available in various forms, such as fuel cells, internal combustion engines (ICEs), and other engine types. They are auxiliary power units (AUP) consisting of an onboard converter that simulates electrical energy from liquid fuel, including gasoline. Electric vehicle range extenders assist original equipment manufacturers (OEMs) in lowering the capital costs of BEVs by downsizing the battery.
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Electric Vehicle Range Extender Market Trends:
The growing consumer inclination towards hybrid electric vehicles (HEVs), owing to the limited coverage of automobiles, is primarily driving the electric vehicle range extender market. Besides this, the escalating demand for these devices that are powered using environmental-friendly energies, such as solar power or biodiesel, is further augmenting the market growth. Moreover, the development of clean electric vehicle range extenders that emit zero local carbon dioxide (CO2) gases is also catalyzing the global market.
Apart from this, the rising need for a considerable alternative to conventional motorcars as they increase noise and atmospheric pollution is acting as another significant growth-inducing factor. Additionally, the introduction of innovative devices equipped with micro gas turbines and solid oxide fuel cells (SOFCs), thar provide high power density and are compact as well as cost-effective, is expected to bolster the electric vehicle range extender market in the coming years.
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Key Market Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
• Fuel Cell Range Extender
• ICE Range Extender
• Others
Breakup by Component:
• Battery Pack
• Power Converter
• Generator
• Electric Motor
Breakup by Vehicle Type:
• Passenger Vehicle
• Commercial Vehicle
Breakup by Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Key Companies Covered in this Market Report:
• AB Volvo
• AVL
• Ballard Power Systems Inc.
• Bayerische Motoren Werke AG
• Ceres Power
• Emoss Mobile Systems B.V. (Precision Camshafts Limited)
• General Motors Company
• Magna International Inc.
• MAHLE GmbH
• Nissan Motor Co. Ltd. (Groupe Renault)
• Rheinmetall AG.
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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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https://www.digitaljournal.com/pr/news/electric-school-bus-market-size-share-global-industry-trends-growth-analysis-and-forecast-2022-2027
https://www.digitaljournal.com/pr/news/stretch-marks-treatment-market-share-size-global-industry-growth-trends-analysis-and-forecast-2022-2027
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About IMARC Group:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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