| Product Code: ETC5881935 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
El Salvador saw a significant increase in electric vehicle range extender import shipments in 2024, with top exporting countries being China, USA, Germany, Vietnam, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 24.55% from 2020 to 2024 demonstrates a growing demand for these products. Moreover, the growth rate of 33.55% from 2023 to 2024 suggests a rapid acceleration in importation. This data underscores the rising interest and adoption of electric vehicle technology in El Salvador.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Electric Vehicle Range Extender Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Electric Vehicle Range Extender Market - Industry Life Cycle |
3.4 El Salvador Electric Vehicle Range Extender Market - Porter's Five Forces |
3.5 El Salvador Electric Vehicle Range Extender Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Electric Vehicle Range Extender Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 El Salvador Electric Vehicle Range Extender Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 El Salvador Electric Vehicle Range Extender Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in El Salvador |
4.2.2 Government initiatives and incentives promoting the use of electric vehicles |
4.2.3 Growing awareness about environmental sustainability and reducing carbon footprint |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and range extenders |
4.3.2 Limited charging infrastructure for electric vehicles in El Salvador |
4.3.3 Lack of well-defined regulations and standards for electric vehicle range extenders |
5 El Salvador Electric Vehicle Range Extender Market Trends |
6 El Salvador Electric Vehicle Range Extender Market Segmentations |
6.1 El Salvador Electric Vehicle Range Extender Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By ICE Range Extender, 2021-2031F |
6.1.3 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Fuel Cell Range Extender, 2021-2031F |
6.1.4 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Others, 2021-2031F |
6.2 El Salvador Electric Vehicle Range Extender Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Battery Pack, 2021-2031F |
6.2.3 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Generator, 2021-2031F |
6.2.4 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Power Converter, 2021-2031F |
6.2.5 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By Electric Motor, 2021-2031F |
6.3 El Salvador Electric Vehicle Range Extender Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By PC , 2021-2031F |
6.3.3 El Salvador Electric Vehicle Range Extender Market Revenues & Volume, By CV, 2021-2031F |
7 El Salvador Electric Vehicle Range Extender Market Import-Export Trade Statistics |
7.1 El Salvador Electric Vehicle Range Extender Market Export to Major Countries |
7.2 El Salvador Electric Vehicle Range Extender Market Imports from Major Countries |
8 El Salvador Electric Vehicle Range Extender Market Key Performance Indicators |
8.1 Average daily usage of electric vehicle range extenders |
8.2 Number of charging stations for electric vehicles per capita |
8.3 Percentage of government budget allocated to promoting electric vehicle adoption |
9 El Salvador Electric Vehicle Range Extender Market - Opportunity Assessment |
9.1 El Salvador Electric Vehicle Range Extender Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Electric Vehicle Range Extender Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 El Salvador Electric Vehicle Range Extender Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 El Salvador Electric Vehicle Range Extender Market - Competitive Landscape |
10.1 El Salvador Electric Vehicle Range Extender Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Electric Vehicle Range Extender Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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