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Vehicle Conversion Market Share

Report ID: GMI6039
Published Date: Nov 2024
Report Format: PDF

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Vehicle Conversion Company Market Share

BraunAbility, Kisae Technology Inc. and Midwest Automotive Designs collectively held a substantial market share of over 6% in the vehicle conversion industry in 2024. The competitive landscape for the vehicle conversion industry includes prominent players like BraunAbility, Kisae Technology Inc., and Midwest Automotive Designs, each offering specialized conversion solutions.

BraunAbility focuses on accessible vehicle conversions, designing vehicles for individuals with disabilities, which has established its strong market presence. Kisae Technology Inc. specializes in power and battery management systems for conversions, contributing innovative technology for efficient electric retrofitting. Midwest Automotive Designs excels in luxury vehicle conversions, catering to high-end consumer demands for customized, premium vehicles. Together, these companies drive innovation and meet diverse customer needs within the vehicle conversion industry.

Vehicle Conversion Market Companies

Major players operating in the vehicle conversion industry are:

Adventure Van Conversions
BraunAbility
Creative Mobile Interiors
DIYev Inc.
El Kapitan Conversion Vans
EV Source
EV4U Custom Conversions
Glampervan
Kisae Technology Inc.
Midwest Automotive Designs

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of vehicle conversion reached USD 5.9 billion in 2024 and is set to grow at a 9% CAGR from 2025 to 2034, driven by the increasing demand for electric vehicles (EVs).

The passenger car segment held around 62% of the market share in 2024, due to the high volume of passenger vehicles globally and consumer interest in reducing fuel costs and emissions.

The U.S. market accounted for 75% of the revenue share in 2024 and is expected to exceed USD 3 billion by 2034, led by strong consumer demand for eco-friendly transportation and government policies.

The key players in the industry include Adventure Van Conversions, BraunAbility, Creative Mobile Interiors, DIYev Inc., El Kapitan Conversion Vans, EV Source, EV4U Custom Conversions, Glampervan, Kisae Technology Inc., and Midwest Automotive Designs.