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Electric Van Conversion Kits Market Size - By Vehicle, By Conversion, By Propulsion, By End Use, By Sales Channel, Growth Forecast, 2025 - 2034
Report ID: GMI15393
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Published Date: December 2025
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Report Format: PDF
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Authors: Preeti Wadhwani, Satyam Jaiswal
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Base Year: 2024
Companies covered: 30
Tables & Figures: 170
Countries covered: 24
Pages: 220
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Electric Van Conversion Kits Market
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Electric Van Conversion Kits Market Size
The global electric van conversion kits market size was valued at USD 860 million in 2024. The market is expected to grow from USD 939.1 million in 2025 to USD 2.02 billion in 2034 at a CAGR of 8.9%, according to latest report published by Global Market Insights Inc.
The use of telematics, IoT and fleet management systems enables operators of electric vans to improve upon tracking, optimally planning routes, properly utilizing batteries and conducting preventative maintenance based upon the data collected through telematics software. In addition, electric vehicle conversion kits are becoming increasingly sophisticated due to advancements and innovations in their development.
18% market share
Collective market share in 2024 is 45%
Electric Van Conversion Kits Market Trends
The fleet operator market continues to shift from simply buying kits to utilizing pay-per-use, and subscription-based services to reduce their initial investment and improve their financial flexibility. This is creating a situation where the ability for companies to convert their van fleets to electric is significantly improved through monthly payments on hardware, installation and service. This has created a predictable budgeting process for operators and helps to speed up the adoption of electric vehicles for small operators while allowing for easy scaling as a company’s fleet needs change.
Automotive manufacturers are actively entering into the conversion space with integrated mobility multi-user platforms. One way in which this has come about is through OEM'S supporting the development of kits that are factory approved to convert vehicles and the networks for installation and digital services that OEM'S can offer. This support of integrated mobility platforms by OEM's can allow fleets to have more confidence in their vehicles being reliable, being compliant, and having continuity of warranty on their vehicles.
These platforms allow for fleet owners to typically combine telematics, charging solutions, and a lifecycle of electrification program into one package and increase the standardization of these kits in the electric van conversion kit market.
Electric vans conversions are increasingly being driven by AI and IoT systems that monitor batteries, energy usage, route efficiency and overall vehicle health. The data received from real-time analytics helps fleet operators to use charging schedules, reduce downtime and increase battery life. Predictive maintenance helps fleet operators to reduce their operating costs while using data-driven insights to improve overall fleet productivity. These types of technologies greatly enhance the value proposition for commercial operators when considering conversion kits.
Sustainability efforts in logistics are hitting the ground running by providing fleets with access to more environmentally friendly ways to move goods and reduce emissions. Conversion kits allow fleets to convert their current ICE van fleets to electric while reducing the amount of manufacturing waste and carbon emissions throughout the life of the vehicle. Suppliers are providing ecofriendly services including recycled batteries, renewable energy charging partnerships and carbon tracking tools, making conversions more cost-effective and easier for companies to implement as a viable environmental strategy.
Electric Van Conversion Kits Market Analysis
Based on vehicle, the electric van conversion kits market is divided into light commercial vans, medium commercial vans and heavy commercial vans. The light commercial vans segment dominated the market, accounting for 76.7% in 2024 and is expected to grow at a CAGR of 9.6% through 2025 to 2034.
Based on conversion, the electric van conversion kits market is segmented by full conversion kits and hybrid conversion kits. Full conversion kits segment dominates the market with 67% share in 2024, and the segment is expected to grow at a CAGR of 10% from 2025 to 2034.
Based on propulsion, the electric van conversion kits market is segmented by 100 kW, 100–200 kW and >200 kW. The 100 kW segment dominates the market with 48% share in 2024, and the segment is expected to grow at a CAGR of 7.2% from 2025 to 2034.
Based on sales channel, the electric van conversion kits market is segmented into OEM conversion kits, aftermarket conversion kits and certified retrofitters. The aftermarket conversion kits segment is expected to dominate the market with a share of 47% in 2024
The US electric van conversion kits market reached USD 257.1 million in 2024, growing from USD 239.9 million in 2023.
North America dominated the electric van conversion kits market with a market size of around USD 290 Million in 2024.
The Corporations of Canada are beginning to align with the U.S. established supply chains to create an efficient and effective way for both countries to participate in battery recycling and refurbishment programs.
Europe electric van conversion kits accounted for a share of 27.1% and generated revenue of USD 233.3 million in 2024 with an anticipated growth over the forecast period.
Germany dominates the electric vans conversion market, showcasing strong growth potential, with a CAGR of 7.3% from 2025 to 2034.
The Asia Pacific electric van conversion kits market is anticipated to grow at the highest CAGR of 10.4% from 2025 to 2034 with a revenue of USD 223.3 million in 2024.
China electric van conversion kits market is estimated to grow with a CAGR of 10.8% from 2025 to 2034.
Latin America electric van conversion kits market shows lucrative growth over the forecast period.
Brazil electric van conversion kits market is estimated to grow with a CAGR of 5.1% from 2025 to 2034 and reach USD 36 million in 2034.
The Middle East and Africa electric van conversion kits market accounted for USD 40.3 million in 2024 and is anticipated to show lucrative growth over the forecast period.
UAE market is expected to experience substantial growth in the Middle East and Africa rich communication services market, with a CAGR of 6% from 2025 to 2034.
Electric Van Conversion Kits Market Share
Electric Van Conversion Kits Market Companies
Major players operating in the electric van conversion kits industry are:
Electric Vans Conversion Kits Industry News
The electric van conversion kits market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (units) from 2021 to 2034, for the following segments:
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Market, By Vehicle
Market, By Conversion
Market, By Propulsion
Market, By End Use
Market, By Sales Channel
The above information is provided for the following regions and countries: