Automotive Retrofit Electric Vehicle Powertrain Market Size, Share, and Trends 2024 to 2034

The global automotive retrofit electric vehicle powertrain market size accounted for USD 65.94 billion in 2024, grew to USD 70.82 billion in 2025 and is predicted to surpass around USD 144.61 billion by 2034, representing a healthy CAGR of 7.40% between 2024 and 2034.

  • Last Updated : December 2024
  • Report Code : 2218
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automotive Retrofit Electric Vehicle Powertrain Market 

5.1. COVID-19 Landscape: Automotive Retrofit Electric Vehicle Powertrain Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Component Type

8.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Component Type, 2024-2034

8.1.1 Inclusive Conversion Kit

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Electric Motor

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Battery

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Controller

8.1.4.1. Market Revenue and Forecast (2021-2034)

8.1.5. Charger

8.1.5.1. Market Revenue and Forecast (2021-2034)

8.1.6. Others (Axle, Converter, etc.)

8.1.6.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Vehicle Type

9.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Vehicle Type, 2024-2034

9.1.1. Two Wheelers

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Passenger Vehicle (Hatchback, Sedan and Utility Vehicle)

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Commercial Vehicle (Light Commercial Vehicle and Heavy Commercial Vehicle)

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Automotive Retrofit Electric Vehicle Powertrain Market, By Electric Vehicle Type 

10.1. Automotive Retrofit Electric Vehicle Powertrain Market, by Electric Vehicle Type, 2024-2034

10.1.1. All Battery Electric Vehicle

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Plug-in Hybrid Vehicle

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Hybrid Vehicle

10.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Automotive Retrofit Electric Vehicle Powertrain Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.1.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.1.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.1.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.1.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.2.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.2.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.2.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.2.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.2.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.2.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.3.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.3.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.3.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.3.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.3.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.3.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.4.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.4.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.4.6.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.4.7.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.5.4.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Component Type (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Vehicle Type (2021-2034)

11.5.5.3. Market Revenue and Forecast, by Electric Vehicle Type (2021-2034)

Chapter 12. Company Profiles

12.1. ALTIGREEN, BHARAT MOBI

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Continental AG

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Delphi Technologies

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. ETrio

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. EV Europe

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Folks Motor

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Hitachi Astemo Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Johnson Electric Holdings Ltd

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Loop Moto

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Magna International Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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