North America EV Range Extender Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 1.0 Billion by 2030, growing at a CAGR of 14.2% from 2024 to 2030.
The North American EV Range Extender market is gaining momentum as industries seek efficient ways to extend the range of electric vehicles (EVs). As the North America automotive industry pivots towards sustainable solutions, range anxiety—fear of running out of battery power before reaching a charging station—remains a significant challenge for EV adoption. The introduction of range extenders, which are auxiliary power units that help recharge EV batteries, is a breakthrough solution to this problem. These range extenders typically use internal combustion engines (ICEs) or small generators to generate electricity, providing a significant boost in mileage for EVs, particularly in areas with limited charging infrastructure.
In North America, demand for EVs is growing rapidly due to stricter emissions regulations, consumer interest in sustainable mobility, and advancements in EV technology. However, range limitations continue to deter some buyers, especially in rural or long-distance travel scenarios. Here, range extenders come into play, making EVs more viable for consumers who previously might have been hesitant to make the switch from gasoline-powered cars.
Automakers and tech innovators are focusing on improving the efficiency, size, and cost-effectiveness of range extenders. Industries, such as transportation, logistics, and delivery services, also play a crucial role in driving demand for these technologies. Fleet operators often seek solutions that allow them to keep vehicles in motion for longer periods without requiring frequent charging breaks. This is where range extenders shine, providing fleets with the flexibility needed to optimize their operations and reduce downtime.
Furthermore, the regulatory environment in North America is becoming increasingly favorable to electric vehicles, with incentives and policies being introduced to encourage EV adoption. As the charging infrastructure expands and EV technology continues to evolve, the need for range extenders will likely decrease, but for now, they provide a crucial service in helping to bridge the gap between current EV capabilities and consumer expectations.
The North America EV Range Extender Market is projected to expand significantly in the coming years as both consumers and industries continue to rely on these solutions for greater convenience and mobility.
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Magna International
MAHLE
Rheinmetall
Plug Power
Ballard Power Systems
CERES Power
BMW Group
Nissan Motor Corporation
AVL
General Motors
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America EV Range Extender Market
Passenger Car
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest EV Range Extender market share In 2023.
Internal Combustion Engine Range Extender
Fuel Cell Range Extender
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America EV Range Extender Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America EV Range Extender Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America EV Range Extender Market, By Type
6. North America EV Range Extender Market, By Application
7. North America EV Range Extender Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America EV Range Extender Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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