Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. Prudent Markets published a report for global Hybrid Electric Vehicle Conversion Kits market in this environment.
In terms of revenue, this research report indicated that the global Hybrid Electric Vehicle Conversion Kits market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Hybrid Electric Vehicle Conversion Kits industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The XL Hybrids aims at producing XX Hybrid Electric Vehicle Conversion Kits in 2020, with XX % production to take place in global market, Enginer accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Hybrid Electric Vehicle Conversion Kits Market by Prudent Markets Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Hybrid Electric Vehicle Conversion Kits Market
XL Hybrids
Enginer
EVDrive
KPIT Technologies
Odyne Systems
Altigreen Propulsion Labs
Boulder Hybrids
A123 Systems
ALTe Technologies
...
Major Type of Hybrid Electric Vehicle Conversion Kits Covered in Prudent Markets report:
Power Conversion Kit
Brakes Conversion Kit
Lights Conversion Kit
Locking System Conversion Kit
Steering Conversion Kit
Energy Saving Conversion Kit
Application Segments Covered in Prudent Markets Market
Passenger Vehicles
Commercial Vehicles
Application 3
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Hybrid Electric Vehicle Conversion Kits Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Power Conversion Kit -Product Introduction and Major Manufacturers
1.1.2 Brakes Conversion Kit -Product Introduction and Major Manufacturers
1.1.3 Lights Conversion Kit -Product Introduction and Major Manufacturers
1.1.4 Locking System Conversion Kit -Product Introduction and Major Manufacturers
1.1.5 Steering Conversion Kit -Product Introduction and Major Manufacturers
1.1.6 Energy Saving Conversion Kit -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Hybrid Electric Vehicle Conversion Kits Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Hybrid Electric Vehicle Conversion Kits Market
3.1.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Hybrid Electric Vehicle Conversion Kits Market
3.2.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Hybrid Electric Vehicle Conversion Kits Market
3.3.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Hybrid Electric Vehicle Conversion Kits Market
3.4.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Hybrid Electric Vehicle Conversion Kits Market
3.5.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Hybrid Electric Vehicle Conversion Kits Market
3.6.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Hybrid Electric Vehicle Conversion Kits Market
3.7.1 Top Companies leading Hybrid Electric Vehicle Conversion Kits Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Hybrid Electric Vehicle Conversion Kits Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Hybrid Electric Vehicle Conversion Kits Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Hybrid Electric Vehicle Conversion Kits Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Hybrid Electric Vehicle Conversion Kits Sales and Growth Rate (2021-2026)
5.2 Global Hybrid Electric Vehicle Conversion Kits Sales Value and Growth Rate (2021-2026)
6 Hybrid Electric Vehicle Conversion Kits Competitive Analysis
6.1 XL Hybrids
6.1.1 XL Hybrids Company Profiles
6.1.2 XL Hybrids Product Introduction
6.1.3 XL Hybrids Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Enginer
6.2.1 Enginer Company Profiles
6.2.2 Enginer Product Introduction
6.2.3 Enginer Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 EVDrive
6.3.1 EVDrive Company Profiles
6.3.2 EVDrive Product Introduction
6.3.3 EVDrive Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 KPIT Technologies
6.4.1 KPIT Technologies Company Profiles
6.4.2 KPIT Technologies Product Introduction
6.4.3 KPIT Technologies Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Odyne Systems
6.5.1 Odyne Systems Company Profiles
6.5.2 Odyne Systems Product Introduction
6.5.3 Odyne Systems Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Altigreen Propulsion Labs
6.6.1 Altigreen Propulsion Labs Company Profiles
6.6.2 Altigreen Propulsion Labs Product Introduction
6.6.3 Altigreen Propulsion Labs Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Boulder Hybrids
6.7.1 Boulder Hybrids Company Profiles
6.7.2 Boulder Hybrids Product Introduction
6.7.3 Boulder Hybrids Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 A123 Systems
6.8.1 A123 Systems Company Profiles
6.8.2 A123 Systems Product Introduction
6.8.3 A123 Systems Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 ALTe Technologies
6.9.1 ALTe Technologies Company Profiles
6.9.2 ALTe Technologies Product Introduction
6.9.3 ALTe Technologies Hybrid Electric Vehicle Conversion Kits Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
7 Conclusion