Dublin, Dec. 01, 2020 (GLOBE NEWSWIRE) -- The "Global Hybrid Electric Vehicle Conversion Kit Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The hybrid electric vehicle conversion kit market is poised to grow by 27.70 th units during 2020-2024 progressing at a CAGR of 13% during the forecast period.

The market is driven by the enforcement of regulations, development in emerging markets driving conversion kit adoption, and development of grid-independent low-cost hybrid kit for light vehicles.

This study identifies the growing development of solar hybrid electric cars as one of the prime reasons driving the hybrid electric vehicle conversion kit market growth during the next few years. Also, the growing development of simplified and lightweight conversion kits and increasing development of low-cost conversion kits will lead to sizable demand in the market.

The reports on hybrid electric vehicle conversion kit 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 global market scenario, the latest trends and drivers, and the overall market environment. The hybrid electric vehicle conversion kit market analysis includes the application segment and geographic landscape.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hybrid electric vehicle conversion kit market vendors that include A123 Systems LLC, ALTe Technologies, Altigreen Propulsion Labs Pvt. Ltd., Enginer, EVDrive, Hybrid Design Services Inc., IX Energy Pvt. Ltd., KPIT Technologies Ltd., Odyne Systems LLC, and XL Hybrids Inc.

Also, the hybrid electric vehicle conversion kit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem

• Value chain analysis

Market Sizing

• Market definition

• Market segment analysis

• Market size 2019

• Market outlook: Forecast for 2019-2024

Five Forces Analysis

• Five forces summary

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

Market Segmentation by Application

• Market segments

• Comparison by Application

• Commercial vehicles - Market size and forecast 2019-2024

• Passenger cars - Market size and forecast 2019-2024

• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation

• Geographic comparison

• North America - Market size and forecast 2019-2024

• APAC - Market size and forecast 2019-2024

• Europe - Market size and forecast 2019-2024

• South America - Market size and forecast 2019-2024

• MEA - Market size and forecast 2019-2024

• Key leading countries

• Market opportunity by geography

• Market drivers

• Market challenges

• Market trends

Vendor Landscape

• Overview

• Vendor landscape

• Landscape disruption

Vendor Analysis

• Vendors covered

• Market positioning of vendors

• A123 Systems LLC

• ALTe Technologies

• Altigreen Propulsion Labs Pvt. Ltd.

• Enginer

• EVDrive

• Hybrid Design Services Inc.

• IX Energy Pvt. Ltd.

• KPIT Technologies Ltd.

• Odyne Systems LLC

• XL Hybrids Inc.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/eidyr9

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