Singapore Electric Vehicle Range Extender Market (2025-2031) Outlook | Trends, Industry, Companies, Value, Size, Forecast, Growth, Revenue, Share & Analysis
Market Forecast By Type (ICE Range Extender, Fuel Cell Range Extender, Others), By Component (Battery Pack, Generator, Power Converter, Electric Motor), By Vehicle (PC , CV) And Competitive Landscape
| Product Code: ETC4571128 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Singapore Electric Vehicle Range Extender Market: Import Trend Analysis
In the Singapore electric vehicle range extender market, the import trend experienced a -8.8% decline from 2023 to 2024, with a compound annual growth rate (CAGR) of 8.08% from 2020 to 2024. This negative growth in 2024 could be attributed to changing consumer preferences or shifts in government policies impacting import dynamics.
Singapore Electric Vehicle Range Extender Market Overview
Electric vehicle (EV) range extenders are auxiliary power units that provide additional electricity to an EV when its battery is depleted. Singapore focus on EV adoption has led to the growth of the range extender market, as these devices address range anxiety and enhance the practicality of EVs. Local and international companies are working on innovative solutions to extend the driving range of electric vehicles, making EVs more appealing to consumers and businesses.
Drivers of the Market
The Singapore Electric Vehicle Range Extender Market is propelled by the growing adoption of electric vehicles. Range extenders, which provide additional power to EVs, alleviate range anxiety and promote electric vehicle adoption. As Singapore seeks to reduce its carbon footprint and encourage EV usage, the market for range extenders is poised for growth.
Challenges of the Market
The Singapore Electric Vehicle Range Extender Market faces challenges related to the development and adoption of efficient range-extending technologies. Range extenders are essential to mitigate "range anxiety" associated with electric vehicles. However, ensuring that these technologies are reliable, cost-effective, and environmentally friendly is a complex task. The market must address issues of weight, emissions, and integration with electric powertrains.
Covid-19 impact of the Market
The COVID-19 pandemic influenced the Singapore electric vehicle range extender market as governments and industries continued to promote EV adoption. Range extenders, whether in the form of internal combustion engines or fuel cells, became essential to alleviate range anxiety in EV users. The pandemic underscored the importance of electric mobility and the need to ensure reliable and extended range for EVs. The market experienced developments in range extender technologies and an increased focus on their integration into electric vehicles.
Leading Players of the Market
Leading companies in the Singapore electric vehicle range extender market include BMW Group, FCA (Fiat Chrysler Automobiles), REE Automotive, and Wrightspeed. They develop range extenders and electric powertrains for electric vehicles to increase their driving range.
Key Highlights of the Report:
- Singapore Electric Vehicle Range Extender Market Outlook
- Market Size of Singapore Electric Vehicle Range Extender Market, 2024
- Forecast of Singapore Electric Vehicle Range Extender Market, 2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Revenues & Volume for the Period 2021-2031
- Singapore Electric Vehicle Range Extender Market Trend Evolution
- Singapore Electric Vehicle Range Extender Market Drivers and Challenges
- Singapore Electric Vehicle Range Extender Price Trends
- Singapore Electric Vehicle Range Extender Porter's Five Forces
- Singapore Electric Vehicle Range Extender Industry Life Cycle
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By ICE Range Extender for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Fuel Cell Range Extender for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Component for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Battery Pack for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Generator for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Power Converter for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Electric Motor for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By Vehicle for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By PC for the Period 2021-2031
- Historical Data and Forecast of Singapore Electric Vehicle Range Extender Market Revenues & Volume By CV for the Period 2021-2031
- Singapore Electric Vehicle Range Extender Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Component
- Market Opportunity Assessment By Vehicle
- Singapore Electric Vehicle Range Extender Top Companies Market Share
- Singapore Electric Vehicle Range Extender Competitive Benchmarking By Technical and Operational Parameters
- Singapore Electric Vehicle Range Extender Company Profiles
- Singapore Electric Vehicle Range Extender Key Strategic Recommendations
What is the forecast for the Singapore electric vehicle range extender market?
The Singapore electric vehicle range extender market is expected to witness significant growth in the coming years, driven by the increasing adoption of technologies such as the Nissan e-POWER range extender system, which offers enhanced driving range and efficiency.
Factors contributing to the growth of the Singapore electric vehicle range extender market include increasing government support and initiatives such as tax incentives for electric vehicle adoption, partnerships between companies like Hyundai and Grab to promote electric mobility solutions, and advancements in range extender technologies that improve the driving range of electric vehicles.
Consumers in Singapore are increasingly opting for electric vehicles with range extenders to address range anxiety, leading to a rise in demand for models like the BMW i3 with a range extender. Technology trends include the development of more efficient range extender systems by companies like Nissan using small gasoline engines to charge the battery. In terms of policy, Singapore has introduced incentives such as the Vehicular Emissions Scheme (VES) to encourage the adoption of electric vehicles with range extenders, promoting sustainability in the transportation sector.
In the Singapore electric vehicle range extender market, customers show a growing preference for range extenders that offer seamless integration with existing EV models. For example, companies like Tesla have seen success with their range extender technology that seamlessly integrates with their electric vehicles, providing customers with a reliable and convenient solution to extend the driving range without compromising performance. Additionally, customers in Singapore also value range extenders that are eco-friendly and sustainable, aligning with the country's push towards greener transportation options.
The key drivers for the Singapore electric vehicle range extender market include the government's push for sustainability initiatives, such as the Singapore Green Plan 2030, which aims to phase out internal combustion engine vehicles. Additionally, advancements in range extender technologies, like the fuel cell range extender used in the Toyota Mirai, are increasing the appeal of electric vehicles by addressing range anxiety. However, challenges such as the high initial cost of electric vehicles and the lack of a developed charging infrastructure in Singapore hinder market growth. The dynamics in this market are also influenced by the competition among companies like BMW, which offers the i3 with a range extender option, and emerging players like Rivian, which are disrupting the market with innovative electric vehicle solutions.
6Wresearch actively monitors the Singapore Electric Vehicle Range Extender Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Singapore Electric Vehicle Range Extender Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Singapore Electric Vehicle Range Extender Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Electric Vehicle Range Extender Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Electric Vehicle Range Extender Market - Industry Life Cycle |
3.4 Singapore Electric Vehicle Range Extender Market - Porter's Five Forces |
3.5 Singapore Electric Vehicle Range Extender Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Electric Vehicle Range Extender Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Singapore Electric Vehicle Range Extender Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Singapore Electric Vehicle Range Extender Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote electric vehicles and related technologies in Singapore |
4.2.2 Growing awareness and concern for environmental sustainability among consumers and businesses |
4.2.3 Technological advancements in electric vehicle range extender technology, leading to improved efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with electric vehicles and range extender systems |
4.3.2 Limited charging infrastructure for electric vehicles in Singapore, impacting adoption rates |
4.3.3 Concerns about the range and performance of electric vehicles compared to traditional vehicles |
5 Singapore Electric Vehicle Range Extender Market Trends |
6 Singapore Electric Vehicle Range Extender Market, By Types |
6.1 Singapore Electric Vehicle Range Extender Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By ICE Range Extender, 2021-2031F |
6.1.4 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Fuel Cell Range Extender, 2021-2031F |
6.1.5 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Electric Vehicle Range Extender Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Battery Pack, 2021-2031F |
6.2.3 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Generator, 2021-2031F |
6.2.4 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Power Converter, 2021-2031F |
6.2.5 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By Electric Motor, 2021-2031F |
6.3 Singapore Electric Vehicle Range Extender Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By PC , 2021-2031F |
6.3.3 Singapore Electric Vehicle Range Extender Market Revenues & Volume, By CV, 2021-2031F |
7 Singapore Electric Vehicle Range Extender Market Import-Export Trade Statistics |
7.1 Singapore Electric Vehicle Range Extender Market Export to Major Countries |
7.2 Singapore Electric Vehicle Range Extender Market Imports from Major Countries |
8 Singapore Electric Vehicle Range Extender Market Key Performance Indicators |
8.1 Average utilization rate of existing charging stations in Singapore |
8.2 Percentage of government budget allocated to support electric vehicle adoption and infrastructure development |
8.3 Number of research and development partnerships between local companies and international technology firms in the electric vehicle range extender sector |
9 Singapore Electric Vehicle Range Extender Market - Opportunity Assessment |
9.1 Singapore Electric Vehicle Range Extender Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Electric Vehicle Range Extender Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Singapore Electric Vehicle Range Extender Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Singapore Electric Vehicle Range Extender Market - Competitive Landscape |
10.1 Singapore Electric Vehicle Range Extender Market Revenue Share, By Companies, 2024 |
10.2 Singapore Electric Vehicle Range Extender Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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