Automotive Retrofit Electric Vehicle Powertrain Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Automotive Retrofit Electric Vehicle Powertrain Market Segments
The Business Research Company segments it’s automotive retrofit electric vehicle powertrain market report as:
By Component Type
Inclusive Conversion Kit, Electric Motor, Battery, Controller, Charger
Two Wheelers, Passenger Vehicle, Commercial Vehicle By Vehicle type
By Electric Vehicle Type
All Electric Vehicle Battery, Plug-in Hybrid Vehicle, Hybrid Vehicle
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Market Statistics
The global automotive retrofit electric vehicle powertrain market size is expected to grow from $59.54 billion in 2022 to $65.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The global automotive retrofit electric vehicle powertrain market size is expected to reach $89.56 billion in 2027 at a CAGR of 8.3%.
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59.54 65.14 89.56 2022 2023 2027 Global Automotive Retrofit Electric Vehicle Powertrain Market Size Forecast To 2032
Key Market Drivers And Trends
Drivers
Increasing demand for electric vehicles is expected to propel the growth of the automotive retrofit electric vehicle powertrain market
Trends
Product innovations are a key trend gaining popularity in the automotive retrofit electric vehicle powertrain.
Region
Asia-Pacific was the largest region in the automotive retrofit electric vehicle powertrain market in 2022. The regions covered in the global automotive retrofit electric vehicle powertrain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Key Market Players
Major players in the Automotive Retrofit Electric
Vehicle Powertrain market are:
▪ Robert Bosch GMbH
▪ Magna International Inc
▪ Bharath Mobi
▪ Hitachi Astemo Ltd
▪ Delphi Technologies
▪ And more.
Get More Information On The Automotive Retrofit Electric
Vehicle Powertrain Market Report
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