United States (US) Automotive Retrofit Electric Vehicle Powertrain Market (2025-2031) | Forecast, Share, Segmentation, Trends, Companies, Competitive Landscape, Industry, Size & Revenue, Growth, Value, Outlook, Analysis
Market Forecast By Vehicle Type (Two Wheelers, Passenger Vehicle, Commercial Vehicle), By Component (Inclusive Conversion Kit, Electric Motor, Battery, Controller, Charger, Others), By Electric Vehicle Type (All Battery Electric Vehicle, Plug-in Hybrid Vehicle, Hybrid Vehicle) And Competitive Landscape
| Product Code: ETC9960277 | 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 |
United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, the United States saw a decline in automotive retrofit electric vehicle powertrain import shipments with a negative CAGR of -4.86% from 2020 to 2024. The top exporting countries to the USA were China, Germany, India, Mexico, and Italy. Despite a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the growth rate from 2023 to 2024 experienced a significant decrease of -17.09%. This data suggests a challenging landscape for the automotive retrofit electric vehicle powertrain market in the United States, potentially impacted by various factors influencing trade dynamics.
Key Highlights of the Report:
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Outlook
- Market Size of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, 2024
- Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Revenues & Volume for the Period 2021- 2031
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Trend Evolution
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Drivers and Challenges
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Price Trends
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Porter's Five Forces
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Industry Life Cycle
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Two Wheelers for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Commercial Vehicle for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Component for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Inclusive Conversion Kit for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Electric Motor for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Battery for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Controller for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Charger for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Electric Vehicle Type for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By All Battery Electric Vehicle for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Plug-in Hybrid Vehicle for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume By Hybrid Vehicle for the Period 2021- 2031
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Import Export Trade Statistics
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Component
- Market Opportunity Assessment By Electric Vehicle Type
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Top Companies Market Share
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Competitive Benchmarking By Technical and Operational Parameters
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Company Profiles
- United States (US) Automotive Retrofit Electric Vehicle Powertrain Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the United States (US) Automotive Retrofit Electric Vehicle Powertrain 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 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market - Industry Life Cycle |
3.4 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market - Porter's Five Forces |
3.5 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
4 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental regulations promoting the adoption of electric vehicles |
4.2.2 Growing consumer awareness and demand for sustainable transportation solutions |
4.2.3 Advancements in technology leading to more efficient and cost-effective electric powertrain solutions |
4.3 Market Restraints |
4.3.1 High initial cost of retrofitting vehicles with electric powertrains |
4.3.2 Limited availability of infrastructure such as charging stations for electric vehicles |
4.3.3 Concerns regarding the range and performance of retrofitted electric vehicles compared to traditional vehicles |
5 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Trends |
6 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, By Types |
6.1 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Two Wheelers, 2021- 2031F |
6.1.4 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.1.5 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Inclusive Conversion Kit, 2021- 2031F |
6.2.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Electric Motor, 2021- 2031F |
6.2.4 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Battery, 2021- 2031F |
6.2.5 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Controller, 2021- 2031F |
6.2.6 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Charger, 2021- 2031F |
6.2.7 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Others, 2021- 2031F |
6.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By All Battery Electric Vehicle, 2021- 2031F |
6.3.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.3.4 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Hybrid Vehicle, 2021- 2031F |
7 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Export to Major Countries |
7.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Imports from Major Countries |
8 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Key Performance Indicators |
8.1 Average cost reduction per unit for retrofitting electric powertrains |
8.2 Number of charging stations per capita in key regions |
8.3 Percentage increase in government incentives and subsidies for electric vehicle retrofitting |
8.4 Adoption rate of electric vehicles in the automotive aftermarket sector |
8.5 Average time taken for retrofitting process and customer satisfaction levels |
9 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market - Opportunity Assessment |
9.1 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
10 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market - Competitive Landscape |
10.1 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Automotive Retrofit Electric Vehicle Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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