Global Electric Vehicle Range Extender Market 2018-2022: Key Vendors Are AVL, BMW, Nissan, Rheinmetall & Tata Motors - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 11, 2018--The “Global Electric Vehicle Range Extender Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global electric vehicle range extender market to grow at a CAGR of 11.07% during the period 2018-2022.
Global Electric Vehicle Range Extender Market 2018-2022 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in the market is proliferation of long-range electric vehicles. The global long-range electric vehicles market is expected to witness considerable growth during the forecast period. According to Technavio, the global long-range electric vehicle market recorded sales of 0.60 million units, which is estimated to grow at a CAGR of 23.01% to reach 1.69 million units by 2022.
According to the report, one driver in the market is increasing demand for plug-in hybrid electric vehicles. Hybrid vehicles are vehicles that are powered by more than one source of energy. The plug-in hybrid electric vehicle uses a rechargeable battery as the primary source of energy and has an additional charging unit known as range extender that is powered using an internal combustion engine fueled by gasoline.
Further, the report states that one challenge in the market is decline in price of lithium-ion batteries. The lithium-ion battery is one of the most widely used battery variants in electric vehicles. Although the cheaper alternatives are widely available, factors such as the relatively higher efficiency and performance levels of Li-ion batteries have driven the demand for them in recent years.
Market trendsDevelopment of range maximization techniques in electric vehicles Proliferation of long-range electric vehicles High cost of energy efficient cars triggering the demand for range extenders in affordable EVs
Key vendorsAVL BMW Nissan Rheinmetall Tata Motors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Component
Part 08: Market Segmentation By End-User
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/mpc75k/global_electric?w=4
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Related Topics:Electric and Hybrid Vehicles
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/11/2018 11:29 AM/DISC: 09/11/2018 11:29 AM