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Hybrid Electric Vehicle Conversion Kit Market
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Hybrid Electric Vehicle Conversion Kit Market

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Hybrid Electric Vehicle (HEV) Conversion Kit Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Vehicle Class (Mid-Priced, Luxury); By Application (Passenger Cars, Commercial Vehicles); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: August 2023
  • Report ID: BWC23618
  • Available Format: PDF
  • Page: 400

Report Overview

High awareness about the environmental impact by harmful greenhouse gases emitted by conventional vehicles, governments’ supportive incentives and regulations for the adoption of electric vehicles (EVs), and rising focus on managing rapidly increasing fossil fuel costs are projected to propel the expansion of the global hybrid electric vehicle (HEV) conversion kit market during the forecast period between 2023 and 2029.

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market - Industry Trends & Forecast Report, 2029

Global hybrid electric vehicle (HEV) conversion kit market size was estimated at USD 0.687 billion in 2022. During the forecast period between 2023 and 2029, the size of global hybrid electric vehicle (HEV) conversion kit market is projected to grow at a CAGR of 17.62% reaching a value of USD 1.783 billion by 2029. Major growth drivers for the global hybrid electric vehicle (HEV) conversion kit market include an increasing demand for eco-friendly transportation options, the desire to reduce carbon emissions and fuel consumption, government regulations and incentives promoting the adoption of electric and hybrid vehicles, technological advancements in battery and motor technologies, and consumer preferences for more sustainable transportation alternatives. Retrofitting conventional vehicles with hybrid technology allows for reduced fuel consumption and lower emissions, contributing to a greener and more sustainable transportation system. Also, the government initiatives and regulations promoting the adoption of electric vehicles and hybrid technologies also play a significant role in driving the market growth. Incentives, subsidies, and tax benefits offered by governments worldwide encourage individuals and fleet operators to convert their vehicles into HEVs, thus boosting the demand for conversion kits.

Hybrid Electric Vehicle Conversion Kit Market

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market– Overview

The global hybrid electric vehicle (HEV) conversion kit market refers to the market segment that encompasses aftermarket kits designed to convert traditional internal combustion engine vehicles into hybrid electric vehicles (HEVs). These conversion kits provide vehicle owners with the opportunity to retrofit their existing gasoline-powered vehicles with hybrid technology, enabling them to operate using a combination of an internal combustion engine and an electric motor. Hybrid electric vehicle (HEV) conversion kits typically include components such as electric motors, batteries, power control units, and associated wiring and connectors. These kits are engineered to integrate seamlessly with conventional vehicles, allowing for the utilization of both conventional and electric power sources. Key market players in this industry include manufacturers and suppliers of hybrid electric vehicle (HEV) conversion kits, as well as automotive companies and specialized retrofitting service providers. These players engage in research and development activities to enhance the performance, compatibility, and ease of installation of their conversion kits. Overall, the global hybrid electric vehicle (HEV) conversion kit market caters to the growing demand for transforming conventional vehicles into more environmentally friendly and energy-efficient hybrids, providing vehicle owners with a greener mobility option without the need to purchase a new hybrid vehicle.

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market

Growth Drivers

Enforcement of Regulations Driving Adoption of Efficient Conversion Kits

The process of installing conversion kits involves modifying the original drivetrain of vehicles. As a result, original equipment manufacturers (OEMs) initially had reservations about the adoption of conversion kits and would void the warranty for customers who opted for the conversion. This posed challenges to the widespread adoption of conversion kits, which are designed to enhance emission control and fuel efficiency. To address this issue, regulatory standards were implemented, mandating that conversion kits must meet specific requirements to be accepted in the market. Furthermore, OEMs were instructed not to invalidate warranties for conversion kits that are certified to meet these regulatory standards. Consequently, there has been a significant increase in the demand for conversion kits in the automotive market. In the United States, conversions must adhere to standards set by the US Environmental Protection Agency (EPA), the National Highway Traffic Safety Administration (NHTSA), and state agencies like the California Air Resources Board (CARB). This has led more customers to opt for conversions in order to improve fuel efficiency and reduce emissions, thus driving market growth.

Restraints

High Upfront Costs

The high initial investment required for hybrid electric vehicle (HEV) conversion kits poses a significant constraint on the growth of the global market. The cost of acquiring and installing conversion kits can be substantial, deterring potential customers from opting for this retrofitting solution. The upfront costs associated with purchasing the necessary components, labor, and professional installation services can be a barrier for many consumers and businesses. These high upfront costs limit the market reach of hybrid electric vehicle (HEV) conversion kits, particularly in regions where affordability is a crucial factor in purchasing decisions. Customers may be hesitant to make such a substantial investment, especially if the payback period for fuel savings and reduced emissions is perceived to be too long. However, it is important to note that as the market matures and economies of scale are realized, the costs of conversion kits are expected to decline. This decline in costs, coupled with the potential long-term financial benefits, such as fuel savings and potential incentives, may incentivize more consumers and businesses to consider adopting hybrid electric vehicle (HEV) conversion kits.

Impact of COVID-19 on Global Hybrid Electric Vehicle (HEV) Conversion Kit Market

COVID-19 pandemic adversely affected the global hybrid electric vehicle (HEV) conversion kit market. The widespread disruptions caused by the pandemic, such as lockdown measures, supply chain disruptions, and economic uncertainties, affected the production, distribution, and demand for conversion kits. Many automotive manufacturers faced challenges in maintaining their operations, resulting in delays and shortages in the supply of conversion kits. Also, the economic downturn and financial constraints experienced by individuals and businesses resulted in reduced willingness and capacity to invest in retrofitting vehicles with conversion kits. Consequently, the market experienced a temporary slowdown during the pandemic. However, as the pandemic subsided and economic conditions improved, the market gradually recovered as the automotive industry rebounded.

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market

Segmental Coverage

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market – By Vehicle Class

By vehicle class, the global hybrid electric vehicle (HEV) conversion kit market is bifurcated into Mid-Priced and Luxury segments. The mid-priced segment holds a higher market share by vehicle class. These vehicles, which are more prevalent and affordable compared to high-end luxury vehicles, are favored by consumers seeking to convert their existing vehicles into hybrid electric vehicles (HEVs). Given the potential expense associated with HEV conversion kits, mid-priced vehicles present a more pragmatic choice for many consumers. Moreover, mid-priced vehicles boast a larger customer base, thereby creating a greater market potential for HEV conversion kits specific to these vehicles. Consequently, HEV conversion kit manufacturers often concentrate their efforts on mid-priced vehicles to optimize market share and profitability.

Hybrid Electric Vehicle Conversion Kit Market Share

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market – By Application

Based on application, the global hybrid electric vehicle (HEV) conversion kit market is split into Passenger Cars and Commercial Vehicles segments. The commercial vehicles segment holds a higher share in the global hybrid electric vehicle (HEV) conversion kit market. The commercial vehicles often cover significant mileage and have higher fuel consumption, making them ideal candidates for conversion to hybrid electric vehicles (HEVs) to achieve fuel efficiency and cost savings. Also, commercial vehicle operators have a strong incentive to reduce their carbon footprint and comply with environmental regulations, making HEV conversions an attractive option. The governments and regulatory bodies may provide incentives or mandates for adopting greener transportation solutions in the commercial sector. Lastly, the potential for significant cost savings on fuel expenses over time further drives the adoption of hybrid electric conversion kits in the commercial vehicles segment.

Hybrid Electric Vehicle Conversion Kit Market Size

Global Hybrid Electric Vehicle (HEV) Conversion Kit Market – By Region

The in-depth research report on the global hybrid electric vehicle (HEV) conversion kit market covers various country-specific markets across five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. APAC holds the highest share in the global hybrid electric vehicle (HEV) conversion kit market due to several contributing factors. The region benefits from a thriving automotive industry and a considerable number of vehicles that can be retrofitted with conversion kits. The countries in the Asia Pacific region have implemented stringent emission regulations and attractive incentives to promote the adoption of electric and hybrid vehicles, thereby driving the demand for conversion kits. The presence of leading conversion kit manufacturers in the region further contributes to its market dominance. Also, the region's increasing environmental consciousness and government initiatives play a crucial role in fostering the uptake of hybrid electric vehicle (HEV) conversion kits.

Competitive Landscape

Major players operating in the global hybrid electric vehicle (HEV) conversion kit market include XL Fleet, REV Electric Vehicle Components, Enginer, EDrive Systems, KPIT Technologies Ltd., Hybrid Design Services Inc, A123 Systems LLC, IX Energy Pvt. Ltd., Odyne Systems LLC, Altigreen Propulsion Labs Pvt. Ltd., Stealth EV, and Thunderstruck Motors. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Product/ Service Segmentation

Vehicle Class, Application, Region

Key Players

XL Fleet, REV Electric Vehicle Components, Enginer, EDrive Systems, KPIT Technologies Ltd, Hybrid Design Services Inc, A123 Systems LLC, IX Energy Pvt Ltd, Odyne Systems LLC, Altigreen Propulsion Labs Pvt Ltd, Stealth EV, Thunderstruck Motors

 

By Vehicle Class

  • Mid-Priced

  • Luxury

By Application

  • Passenger Cars

  • Commercial Vehicles

By Region

  • North America

  • Europe

  • Asia Pacific (APAC)

  • Latin America (LATAM)

  • Middle East and Africa (MEA)

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing awareness about the environmental impact of conventional vehicles
        2. Government incentives and regulations
        3. Rising fuel costs
      2. Restraints
        1. High upfront costs
        2. Warranty and reliability concerns
      3. Opportunities
        1. Growing aftermarket demand
        2. Fleet conversions
      4. Challenges
        1. Advancements in electric vehicle technology
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
        1. Mid-Priced
        2. Luxury
      2. By Application
        1. Passenger Cars
        2. Commercial Vehicles
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle East and Africa (MEA)
  5. North America Hybrid Electric Vehicle (HEV) Conversion Kit Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
      2. By Application
      3. By Country
        1. United States
          1. By Vehicle Class
          2. By Application
        2. Canada
          1. By Vehicle Class
          2. By Application
  6. Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
      2. By Application
      3. By Country
        1. Germany
          1. By Vehicle Class
          2. By Application
        2. United Kingdom
          1. By Vehicle Class
          2. By Application
        3. Italy
          1. By Vehicle Class
          2. By Application
        4. France
          1. By Vehicle Class
          2. By Application
        5. Spain
          1. By Vehicle Class
          2. By Application
        6. Belgium
          1. By Vehicle Class
          2. By Application
        7. Russia
          1. By Vehicle Class
          2. By Application
          3.  
        8. The Netherlands
          1. By Vehicle Class
          2. By Application
        9. Rest of Europe
          1. By Vehicle Class
          2. By Application
  7. Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
      2. By Application
      3. By Country
        1. China
          1. By Vehicle Class
          2. By Application
        2. India
          1. By Vehicle Class
          2. By Application
        3. Japan
          1. By Vehicle Class
          2. By Application
        4. South Korea
          1. By Vehicle Class
          2. By Application
        5. Australia & New Zealand
          1. By Vehicle Class
          2. By Application
        6. Indonesia
          1. By Vehicle Class
          2. By Application
        7. Malaysia
          1. By Vehicle Class
          2. By Application
        8. Singapore
          1. By Vehicle Class
          2. By Application
        9. Vietnam
          1. By Vehicle Class
          2. By Application
        10. Rest of APAC
          1. By Vehicle Class
          2. By Application
  8. Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
      2. By Application
      3. By Country
        1. Brazil
          1. By Vehicle Class
          2. By Application
        2. Mexico
          1. By Vehicle Class
          2. By Application
        3. Argentina
          1. By Vehicle Class
          2. By Application
        4. Peru
          1. By Vehicle Class
          2. By Application
        5. Rest of LATAM
          1. By Vehicle Class
          2. By Application
  9. Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Class
      2. By Application
      3. By Country
        1. Saudi Arabia
          1. By Vehicle Class
          2. By Application
        2. UAE
          1. By Vehicle Class
          2. By Application
        3. Qatar
          1. By Vehicle Class
          2. By Application
        4. Kuwait
          1. By Vehicle Class
          2. By Application
        5. South Africa
          1. By Vehicle Class
          2. By Application
        6. Nigeria
          1. By Vehicle Class
          2. By Application
        7. Algeria
          1. By Vehicle Class
          2. By Application
        8. Rest of MEA
          1. By Vehicle Class
          2. By Application
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Hybrid Electric Vehicle (HEV) Conversion Kit Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Covid-19 on Global Hybrid Electric Vehicle (HEV) Conversion Kit Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. XL Fleet
    2. REV Electric Vehicle Components
    3. Enginer
    4. EDrive Systems
    5. KPIT Technologies Ltd.
    6. Hybrid Design Services Inc
    7. A123 Systems LLC
    8. IX Energy Pvt Ltd
    9. Odyne Systems LLC
    10. Altigreen Propulsion Labs Pvt Ltd
    11. Stealth EV
    12. Thunderstruck Motors
    13. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research˙
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

 

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

List of Figures

 

Figure 1       Global Hybrid Electric Vehicle (HEV) Conversion Kit Segmentation

Figure 2       Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 5       Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 6       Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 7       Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Region, By Value, 2019–2029

Figure 8       North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 9       North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 10     North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 11     North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Country, By Value, 2019–2029

Figure 12     United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 13     United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 14     United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 15     Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 16     Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 17     Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 18     Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 19     Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 20     Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 21     Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Country, By Value, 2019–2029

Figure 22     Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 23     Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 24     Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 25     United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 26     United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 27     United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 28     Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 29     Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 30     Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 31     France Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 32     France Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 33     France Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 34     Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 35     Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 36     Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 37     Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 38     Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 39     Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 40     Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 41     Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 42     Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 43     The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 44     The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 45     The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 46     Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 47     Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 48     Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 49     Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 50     Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 51     Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 52     Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Country, By Value, 2019–2029

Figure 53     China Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 54     China Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 55     China Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 56     India Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 57     India Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 58     India Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 59     Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 60     Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 61     Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 62     South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 63     South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 64     South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 65     Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 66     Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 67     Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 68     Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 69     Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 70     Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 71     Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 72     Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 73     Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 74     Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 75     Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 76     Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 77     Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 78     Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 79     Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 80     Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 81     Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 82     Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 83     Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 84     Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 85     Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 86     Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Country, By Value, 2019–2029

Figure 87     Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 88     Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 89     Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 90     Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 91     Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 92     Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 93     Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 94     Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 95     Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 96     Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 97     Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 98     Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 99     Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 100   Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 101   Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 102   Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 103   Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 104   Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 105   Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Country, By Value, 2019–2029

Figure 106   Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 107   Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 108   Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 109   UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 110   UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 111   UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 112   Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 113   Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 114   Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 115   Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 116   Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 117   Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 118   South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 119   South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 120   South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 121   Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 122   Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 123   Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 124   Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 125   Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 126   Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

Figure 127   Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Figure 128   Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Vehicle Class, By Value, 2019–2029

Figure 129   Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Share, By Application, By Value, 2019–2029

 

List of Tables

 

Table 1        Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 2        Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 3        Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 4        Global Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Region, By Value, 2019–2029

Table 5        North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 6        North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 7        North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 8        North America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Country, By Value, 2019–2029

Table 9        United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 10      United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 11      United States Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 12      Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 13      Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 14      Canada Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 15      Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 16      Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 17      Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 18      Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Country, By Value, 2019–2029

Table 19      Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 20      Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 21      Germany Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 22      United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 23      United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 24      United Kingdom Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 25      Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 26      Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 27      Italy Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 28      France Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 29      France Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 30      France Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 31      Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 32      Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 33      Spain Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 34      Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 35      Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 36      Belgium Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 37      Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 38      Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 39      Russia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 40      The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 41      The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 42      The Netherlands Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 43      Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 44      Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 45      Rest of Europe Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 46      Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 47      Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 48      Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 49      Asia-Pacific Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Country, By Value, 2019–2029

Table 50      China Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 51      China Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 52      China Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 53      India Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 54      India Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 55      India Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 56      Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 57      Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 58      Japan Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 59      South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 60      South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 61      South Korea Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 62      Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 63      Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 64      Australia & New Zealand Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 65      Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 66      Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 67      Indonesia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 68      Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 69      Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 70      Malaysia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 71      Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 72      Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 73      Singapore Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 74      Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 75      Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 76      Vietnam Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 77      Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 78      Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 79      Rest of APAC Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 80      Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 81      Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 82      Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 83      Latin America Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Country, By Value, 2019–2029

Table 84      Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 85      Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 86      Brazil Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 87      Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 88      Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 89      Mexico Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 90      Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 91      Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 92      Argentina Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 93      Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 94      Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 95      Peru Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 96      Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 97      Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 98      Rest of LATAM Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 99      Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 100    Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 101    Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 102    Middle East & Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Country, By Value, 2019–2029

Table 103    Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 104    Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 105    Saudi Arabia Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 106    UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 107    UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 108    UAE Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 109    Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 110    Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 111    Qatar Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 112    Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 113    Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 114    Kuwait Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 115    South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 116    South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 117    South Africa Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 118    Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 119    Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 120    Nigeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 121    Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 122    Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 123    Algeria Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 124    Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Value (USD Million), 2019–2029

Table 125    Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Vehicle Class, By Value, 2019–2029

Table 126    Rest of MEA Hybrid Electric Vehicle (HEV) Conversion Kit Market Size, By Application, By Value, 2019–2029

Table 127    XL Fleet Company Overview

Table 128    XL Fleet Financial Overview

Table 129    REV Electric Vehicle Components Company Overview

Table 130    REV Electric Vehicle Components Financial Overview

Table 131    Enginer Company Overview

Table 132    Enginer Financial Overview

Table 133    EDrive Systems Company Overview

Table 134    EDrive Systems Financial Overview

Table 135    KPIT Technologies Ltd. Company Overview

Table 136    KPIT Technologies Ltd. Financial Overview

Table 137    Hybrid Design Services Inc Company Overview

Table 138    Hybrid Design Services Inc Financial Overview

Table 139    A123 Systems LLC Company Overview

Table 140    A123 Systems LLC Financial Overview

Table 141    IX Energy Pvt Ltd Company Overview

Table 142    IX Energy Pvt Ltd Financial Overview

Table 143    Odyne Systems LLC Company Overview

Table 144    Odyne Systems LLC Financial Overview

Table 145    Altigreen Propulsion Labs Pvt Ltd Company Overview

Table 146    Altigreen Propulsion Labs Pvt Ltd Financial Overview

Table 147    Stealth EV Company Overview

Table 148    Stealth EV Financial Overview

Table 149    Thunderstruck Motors Company Overview

Table 150    Thunderstruck Motors Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: The commercial vehicles segment is expected to hold the highest market share in the Global Hybrid Electric Vehicle (HEV) Conversion Kit Market by application.
Ans: Global Hybrid Electric Vehicle (HEV) Conversion Kit Market size was estimated at USD 0.687 billion in 2022.
Ans: Major factors driving the growth of Global Hybrid Electric Vehicle (HEV) Conversion Kit Market include an increasing awareness about the environmental impact of conventional vehicles, government incentives and regulations, and rising fuel costs.
Ans: The mid-priced segment is expected to hold a higher market share in the Global Hybrid Electric Vehicle (HEV) Conversion Kit Market by vehicle class.
Ans: Key players in the Global Hybrid Electric Vehicle (HEV) Conversion Kit Market include XL Fleet, REV Electric Vehicle Components, Enginer, EDrive Systems, KPIT Technologies Ltd, Hybrid Design Services Inc, A123 Systems LLC, IX Energy Pvt Ltd, Odyne Systems LLC, Altigreen Propulsion Labs Pvt Ltd, Stealth EV, and Thunderstruck Motors.