| Product Code: ETC7061857 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The automotive retrofit electric vehicle powertrain import market in El Salvador continues to show strong growth, with a high concentration of shipments from top exporting countries such as China, USA, South Korea, Japan, and Turkey in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, while the impressive compound annual growth rate (CAGR) of 18.72% from 2020 to 2024 underscores the increasing demand for electric vehicle powertrains in the region. The growth rate of 12.43% from 2023 to 2024 suggests sustained momentum in the market, presenting opportunities for further expansion and development in the coming years.

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 Automotive Retrofit Electric Vehicle Powertrain Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market - Industry Life Cycle |
3.4 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market - Porter's Five Forces |
3.5 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
4 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting the adoption of electric vehicles. |
4.2.2 Increasing consumer awareness and interest in sustainable transportation solutions. |
4.2.3 Growing concerns about environmental issues and the need to reduce emissions. |
4.3 Market Restraints |
4.3.1 High initial costs associated with retrofitting vehicles with electric powertrains. |
4.3.2 Limited availability and accessibility of charging infrastructure. |
4.3.3 Lack of skilled technicians and service centers for electric vehicle powertrain maintenance. |
5 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Trends |
6 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market, By Types |
6.1 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Two Wheelers, 2021- 2031F |
6.1.4 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.1.5 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Inclusive Conversion Kit, 2021- 2031F |
6.2.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Electric Motor, 2021- 2031F |
6.2.4 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Battery, 2021- 2031F |
6.2.5 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Controller, 2021- 2031F |
6.2.6 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Charger, 2021- 2031F |
6.2.7 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Others, 2021- 2031F |
6.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By All Battery Electric Vehicle, 2021- 2031F |
6.3.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.3.4 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Hybrid Vehicle, 2021- 2031F |
7 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Import-Export Trade Statistics |
7.1 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Export to Major Countries |
7.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Imports from Major Countries |
8 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Key Performance Indicators |
8.1 Average time taken for a vehicle to be retrofitted with an electric powertrain. |
8.2 Number of new charging stations installed in El Salvador. |
8.3 Percentage of vehicles in El Salvador using electric powertrains compared to traditional fuel-powered vehicles. |
9 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market - Opportunity Assessment |
9.1 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
10 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market - Competitive Landscape |
10.1 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Automotive Retrofit Electric Vehicle Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |