Global Electric Vehicle Range Extender
Market Report
2025
The global electric vehicle range extender market will be USD 1.5 billion in 2024. It will show the strongest growth, with a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031. This expansion is credited to the growing popularity of EVs, which is encouraged by environmental concerns.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global electric vehicle range extender market will be USD 1.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Vehicle Type |
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Market Split by Component |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Electric Vehicle Range Extender Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An electric vehicle (EV) range extender is an auxiliary power unit designed to increase the driving range of electric vehicles by providing additional energy once the primary battery is depleted. This technology typically consists of small internal combustion engines, fuel cells, or other energy sources that generate electricity to recharge the battery or directly power the electric motor. The market for EV range extenders is experiencing prominent growth, driven by rising consumer demand for longer-range EVs and the increasing adoption of electric vehicles due to environmental concerns. Technological advancements in range extender systems, coupled with government incentives and stricter emissions regulations, are also contributing to market expansion. However, challenges such as high development costs, integration complexities, and competition from advanced battery technologies and fully electric vehicles pose restraints. Despite these challenges, the EV range extender market continues to expand as a crucial component of the broader EV ecosystem.
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In May 2024, HORSE unveiled its latest Range Extender technology for passenger and light commercial vehicles. It offered a 200km pure-electric range, supplemented by the engine for an additional 600km, totaling over 800km. This innovation enabled drivers to cover long distances while easily accessing low-emission zones. (Source: https://www.drivespark.com/four-wheelers/2024/horse-unveils-next-gen-range-extender-technology-011-49111.html)
Top Companies Market Share in Electric Vehicle Range Extender Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America controlled the market in 2024 and accounted for around 40% of the global revenue. North America dominates the electric vehicle range extender market due to high EV adoption rates, substantial government incentives, and significant investments in research and development, driving technological advancements and infrastructure expansion in the region.
Asia Pacific is the fastest-growing region in the electric vehicle (EV) range extender market. This growth is fueled by increasing EV adoption, government incentives, and significant investments in EV infrastructure. The region's advancements in technology and manufacturing capabilities further support the rapid expansion of the EV range extender market.
The current report Scope analyzes Electric Vehicle Range Extender Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Electric Vehicle Range Extender Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electric Vehicle Range Extender Industry growth. Electric Vehicle Range Extender market has been segmented with the help of its Type, Vehicle Type Component, and others. Electric Vehicle Range Extender market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, internal combustion engine (ICE) range extenders hold a major share in the electric vehicle (EV) range extender market. Their established technology, cost-effectiveness, and ability to significantly boost EV driving range make them popular among manufacturers and consumers. ICE range extenders provide a reliable solution to range anxiety, ensuring extended travel distances without frequent recharging. Despite the rise of alternative range extender technologies, ICE remains dominant due to its familiarity and widespread infrastructure, supporting the ongoing transition to more sustainable transportation.
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Segmenting the Electric Vehicle Range Extender market by Vehicle Type is essential for understanding industry dynamics and identifying key demand drivers. Vehicle Type refer to the specific use cases or end-user industries that rely on Electric Vehicle Range Extender products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Electric Vehicle Range Extender solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Vehicle Type of Electric Vehicle Range Extender are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Electric Vehicle Range Extender Market is witnessing significant growth in the near future.
In 2023, the ICE Range Extender segment accounted for noticeable share of global Electric Vehicle Range Extender Market and is projected to experience significant growth in the near future.
The Passenger Cars segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Magna International , Rheinmetall and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | ICE Range Extender, Fuel Cell Range Extender, Others |
Vehicle Type | Passenger Cars, Commercial Vehicles |
Component | Battery Pack, Generator, Power Converter, Electric Motor |
List of Competitors | Magna International, MAHLE, Rheinmetall, Plug Power, AVL, Ballard Power Systems, FEV, Delta Motorsport, Ceres Power, Nissan, General Motors, BMW, Bjorksten Bit 7, Wrightspeed, Nikola Motor Company, Ep Tender, Arcola Energy, Fagor Ederlan, Advanced Innovative Engineering, Ashwoods Electric Motors, Horizon Fuel Cell Technologies, Mazda, OBRIST Powertrain |
This chapter will help you gain GLOBAL Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review Global Electric Vehicle Range Extender Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review North America Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review Europe Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review Asia Pacific Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review South America Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review Middle East Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Electric Vehicle Range Extender . Further deep in this chapter, you will be able to review Middle East Electric Vehicle Range Extender Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Electric Vehicle Range Extender . The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Vehicle Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Component Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electric Vehicle Range Extender market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why ICE Range Extender have a significant impact on Electric Vehicle Range Extender market? |
What are the key factors affecting the ICE Range Extender and Fuel Cell Range Extender of Electric Vehicle Range Extender Market? |
What is the CAGR/Growth Rate of Passenger Cars during the forecast period? |
By type, which segment accounted for largest share of the global Electric Vehicle Range Extender Market? |
Which region is expected to dominate the global Electric Vehicle Range Extender Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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