Vehicle Conversion Market by Type, Vehicle Type, and Geography - Forecast and Analysis 2023-2027
| Published: Oct 2023 | Pages: 156 | SKU: IRTNTR75391 |
Vehicle Conversion Market Forecast 2023-2027
The vehicle conversion market size is estimated to increase by USD 2,167.54 million between 2022 and 2027. The market size is forecast to grow at a CAGR of 7.75%. The growth of the market depends on several factors, including the stringent government regulations on fuel emission, the growing focus on electric technology for vehicles, and the government support for this technology and EVs.
What will be the Size of the Vehicle Conversion Market During the Forecast Period?
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Key Drivers, Trends, Challenges, and Customer Landscape
The growing focus on electric technology for vehicles is notably driving the market growth, although factors such as performance issues related to the market in focus may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Driver
The growing focus on electric technology for vehicles is the key factor driving the growth of the global market. Electric vehicles are becoming increasingly popular; however, it is expensive compared with ICE engine vehicles. Thus, the transforms ICE engine vehicles into electric vehicles (EV), which is an economical process. Additionally, in recent years, developed nations witnessed a boom in the charging infrastructure that led to the conversion of ICE vehicles to EVs. However, in emerging markets, where the concept of EVs is still at the nascent stage, hybrid conversion is leading to emission reduction.
The government's interest in EV technology has spurred the emergence of many regional players that develop efficient conversion kits for conventional vehicles and are working to reduce the cost for maximum adoption through economies of scale. DIYEV offers various electric motor drivetrain kits that need to bolt to the existing (ICE) engine mounts. It also offers battery modules for small, medium, and large trucks and buses. Similarly, Green Shed Conversions offers electric conversion kits for the conversion of vehicles. Thus, a growing focus on electric technology for vehicles will drive the growth of the market in focus during the forecast period.
Significant Trends
Growing development by companies is the primary trend shaping global market growth. The conversion of a conventional vehicle into an EV requires modifications to the vehicle powertrain, which requires skilled professionals to install conversion kits. In addition, conversion kit fitment increases the weight of a vehicle. Therefore, conversion kit manufacturers are working to simplify the conversion kits by reducing the weight of the kits. For instance, Stealth EV offers lightweight and compact conversion kits. In addition, companies operating in the market have also been developing battery technology that will leverage this technology.
For instance, in March 2023, John Deere introduced concept battery systems that include 20 kWh and 40 kWh power options. The variety of dimensions will make the new battery systems an ideal fit for smaller vehicles or applications with limited space. The new battery systems offer the highest volumetric energy density coupled with advanced safety parameters. Thus, such market developments by the companies operating in the market will drive the growth of the market in focus during the forecast period.
Major Challenge
Performance issues are a major challenge impeding the growth of the global market. Even though battery packs in converted vehicles come with a warranty of a few years, battery performance is based on several factors, such as the number of charge cycles, depletion rate, charging and discharging durations, and humidity. Therefore, most converted vehicle owners face issues pertaining to battery failure and, in turn, need battery replacement every few years. This, in turn, increases the maintenance cost associated with converted vehicles. It is challenging to predict the performance versus years for different batteries from the given history.
In addition, converted EVs cannot usually go more than about 200 miles without a charge, which makes it unsuitable for long trips. Also, converted electric cars can be more difficult to repair compared with conventional cars. Thus, additional maintenance costs of converted vehicles and performance issues hamper the demand. This, in turn, will hamper the growth of the market in focus during the forecast period.
Key Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Who are the Major Vehicle Conversion Market companies?
companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Dave In Action LLC: The company offers vehicle conversion services such as custom electric conversions for adventure vans, transforming them into mobile homes for outdoor enthusiasts.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Adventure Van Custom Conversions
- Deere and Co.
- DIYEV Inc.
- Electric Classic Cars
- Electric GT Inc.
- EV Source
- EV4U Custom Conversions
- EVDrive
- Glampervan
- Green Shed Conversions
- HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS
- Kisae Technology Inc.
- OPTO innovation
- retroEv
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Market?
The market share growth by the product segment will be significant during the forecast period. The product segment includes kits, which are installed on vehicles to convert conventional vehicles to EVs or alternative fuel vehicles such as natural gas.
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The product segment was valued at USD 3,073.19 million in 2017 and continued to grow until 2021. In recent years, the kits have experienced significant adoption in developed regions because of the reduction in their price due to the decline in the price of lithium-ion batteries. This reduced price is the result of the economies of scale benefit attained by manufacturers. Maximum customers prefer conversion kits as an effective medium to increase the fuel efficiency of their vehicles. In addition, the growing charging infrastructure in developed regions such as North America and Europe is fueling the adoption of conversion kits by both conventional and hybrid vehicle customers. Thus, such factors will drive the growth of the segment and, in turn, the market in focus during the forecast period.
Which are the Key Regions for the Market?
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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth of the market in North America is fueled by the rise in the use of EVs across the region. The US and Canada are the key revenue contributors to the growth of this market in the region. Surging concerns over the pollution caused by vehicles have been supporting the demand for EVs in the US.
Growing awareness about vehicle emissions, lower operating and maintenance costs, and increasing government initiatives to encourage the use of EVs are some factors driving the use of EVs and, in turn, the growth of the regional market significantly. The adoption of EVs in North America has been considerable though it is one of the high-cost markets globally. Countries such as the US and Canada are employing stringent regulations regarding emissions of passenger vehicles to reduce the dependence on petroleum products.
The slowdown of the US economy due to the COVID-19 pandemic in 2020 and the subsequent decline in consumer spending have led to a decline in the regional automotive industry. However, in 2021, due to the advent of mass vaccination drives and the lifting of lockdown restrictions in a phased manner, the operations at various automobile-related services, such as the fitment of the kits, returned to normal. Also, due to the increased focus of governments on reducing the high emissions caused by ICE vehicles, many countries in North America are encouraging the use of HEVs, BEVs, and alternative fuel-operated vehicles. This will bolster the demand for the kits and thus drive the growth of the regional market during the forecast period.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook (USD Million, 2017 - 2027)
- Product
- Services
- Vheicle Type Outlook (USD Million, 2017 - 2027)
- Passenger car
- Commercial vehicle
- Others
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The Market is witnessing significant growth fueled by accessibility modifications and the conversion of vans into campers or regular cars into taxis, enhancing driving experiences. Vehicle customization caters to diverse needs, but supply chain disruptions and economic downturns pose challenges. Technological advancements, particularly by Mercedes-Benz, are driving innovation, while the rise of e-commerce and delivery services boosts demand for last-mile delivery vehicles.
Safety and emission compliance remain key concerns, addressed by industry leaders like Braun Ability and Vantage Mobility International. Companies such as BRABUS and MobilityWorks lead in providing custom conversions, and ensuring roadworthiness standards. With players like Hankook and Q’STRAINT focusing on mobility solutions, the market continues to evolve to meet the growing demand for accessible and customized transportation options.
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Vehicle Conversion Market Scope |
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Report Coverage |
Details |
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Page number |
156 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.75% |
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Market growth 2023-2027 |
USD 2,167.54 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
7.06 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 43% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Adventure Van Custom Conversions, Canadian Electric Vehicles Ltd., Dave In Action LLC, Deere and Co., DIYEV Inc., Electric Classic Cars, Electric GT Inc., EV Source, EV4U Custom Conversions, EVDrive, Glampervan, Green Shed Conversions, HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS, Kisae Technology Inc., OPTO innovation, retroEv, Road Warrior Conversions, Stealth EV, ZENVANZ, and EV West |
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Market dynamics |
Parent market analysis, Market forecasting, market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Vehicle Conversion Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global vehicle conversion market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global vehicle conversion market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 Vehicle Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Vehicle Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Product - Market size and forecast 2022-2027
- Exhibit 34: Chart on Product - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Product - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Product - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Product - Year-over-year growth 2022-2027 (%)
- 6.4 Services - Market size and forecast 2022-2027
- Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Vehicle Type
- 7.1 Market segments
- Exhibit 44: Chart on Vehicle Type - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Vehicle Type - Market share 2022-2027 (%)
- 7.2 Comparison by Vehicle Type
- Exhibit 46: Chart on Comparison by Vehicle Type
- Exhibit 47: Data Table on Comparison by Vehicle Type
- 7.3 Passenger car - Market size and forecast 2022-2027
- Exhibit 48: Chart on Passenger car - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Passenger car - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Passenger car - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Passenger car - Year-over-year growth 2022-2027 (%)
- 7.4 Commercial vehicle - Market size and forecast 2022-2027
- Exhibit 52: Chart on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Commercial vehicle - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Commercial vehicle - Year-over-year growth 2022-2027 (%)
- 7.5 Others - Market size and forecast 2022-2027
- Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Vehicle Type
- Exhibit 60: Market opportunity by Vehicle Type ($ million)
- Exhibit 61: Data Table on Market opportunity by Vehicle Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Adventure Van Custom Conversions
- Exhibit 115: Adventure Van Custom Conversions - Overview
- Exhibit 116: Adventure Van Custom Conversions - Product / Service
- Exhibit 117: Adventure Van Custom Conversions - Key offerings
- 12.4 Dave In Action LLC
- Exhibit 118: Dave In Action LLC - Overview
- Exhibit 119: Dave In Action LLC - Product / Service
- Exhibit 120: Dave In Action LLC - Key offerings
- 12.5 Deere and Co.
- Exhibit 121: Deere and Co. - Overview
- Exhibit 122: Deere and Co. - Business segments
- Exhibit 123: Deere and Co. - Key news
- Exhibit 124: Deere and Co. - Key offerings
- Exhibit 125: Deere and Co. - Segment focus
- 12.6 DIYEV Inc.
- Exhibit 126: DIYEV Inc. - Overview
- Exhibit 127: DIYEV Inc. - Product / Service
- Exhibit 128: DIYEV Inc. - Key offerings
- 12.7 Electric GT Inc.
- Exhibit 129: Electric GT Inc. - Overview
- Exhibit 130: Electric GT Inc. - Product / Service
- Exhibit 131: Electric GT Inc. - Key offerings
- 12.8 EV Source
- Exhibit 132: EV Source - Overview
- Exhibit 133: EV Source - Product / Service
- Exhibit 134: EV Source - Key offerings
- 12.9 EV West
- Exhibit 135: EV West - Overview
- Exhibit 136: EV West - Product / Service
- Exhibit 137: EV West - Key offerings
- 12.10 EV4U Custom Conversions
- Exhibit 138: EV4U Custom Conversions - Overview
- Exhibit 139: EV4U Custom Conversions - Product / Service
- Exhibit 140: EV4U Custom Conversions - Key offerings
- 12.11 EVDrive
- Exhibit 141: EVDrive - Overview
- Exhibit 142: EVDrive - Product / Service
- Exhibit 143: EVDrive - Key offerings
- 12.12 Glampervan
- Exhibit 144: Glampervan - Overview
- Exhibit 145: Glampervan - Product / Service
- Exhibit 146: Glampervan - Key offerings
- 12.13 Green Shed Conversions
- Exhibit 147: Green Shed Conversions - Overview
- Exhibit 148: Green Shed Conversions - Product / Service
- Exhibit 149: Green Shed Conversions - Key offerings
- 12.14 HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS
- Exhibit 150: HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Overview
- Exhibit 151: HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Product / Service
- Exhibit 152: HI PERFORMANCE ELECTRIC VEHICLE SYSTEMS - Key offerings
- 12.15 Kisae Technology Inc.
- Exhibit 153: Kisae Technology Inc. - Overview
- Exhibit 154: Kisae Technology Inc. - Product / Service
- Exhibit 155: Kisae Technology Inc. - Key offerings
- 12.16 Stealth EV
- Exhibit 156: Stealth EV - Overview
- Exhibit 157: Stealth EV - Product / Service
- Exhibit 158: Stealth EV - Key offerings
- 12.17 ZENVANZ
- Exhibit 159: ZENVANZ - Overview
- Exhibit 160: ZENVANZ - Product / Service
- Exhibit 161: ZENVANZ - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources
- 13.5 List of abbreviations
- Exhibit 168: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
vehicle conversion market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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