The Asia Pacific Battery Swapping Charging Infrastructure Market would witness market growth of 22.0% CAGR during the forecast period (2022-2028).
The vehicle’s driver must steer the EV over a ramp supported by pillars and park it as close to the battery pack’s lift system for the swapping procedure to initiate. Accurate positioning is important, aided by vehicle guides. Then with the help of air bearings, the frame is aligned to the battery pack in the EV. Further alignment between the vehicle and the swapping system is ensured by extending an alignment pin fixed to the frame. The term “Proper alignment” is referred to the position in which the underneath of the battery pack in the EV touches the rack and each of the nut runners or torque devices, which are placed on the frame, and are lined up perfectly with separate fasteners to secure the battery pack to the vehicle’s body.
With the rising use of EVs, the demand for various battery-swapping stations that suits local users is rising. And to meet the requirement, the public and private sectors can use some of the ideas to get the work done. Battery swapping can be done at toll stations. Battery swapping comes the handiest during a long journey. Considering the average time a vehicle passes through a toll station, a battery swapping system can be placed there, simultaneously carrying out the changing of the battery. A different lane can be put forward for the EVs at the toll booth for the vehicles that need a change.
The transportation industry is majorly responsible for greenhouse gas emissions in the UK and to meet the decarbonizing goals, it is essential to lower the emission rate of the transport industry. To phase out diesel and petrol ICEs from 2040, the UK government has established a firm to work on it. Regions and countries in the UK are also setting goals to lower carbon emissions. For instance, in Scotland, the council is working towards the establishment of emission-free zones in the area while also working on rolling out the ICE vehicles from 2032. The goals for establishing emission-free regions and decreasing the use of ICE vehicles in the battery-swapping charging infrastructure market will propel.
The China market dominated the Asia Pacific Battery Swapping Charging Infrastructure Market by Country in 2021; thereby, achieving a market value of $79,126.4 Thousands by 2028. The Japan market is registering a CAGR of 21.2% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 23.2% during (2022 - 2028).
Based on Service Type, the market is segmented into Pay-per-use and Subscription. Based on Vehicle Type, the market is segmented into Two-Wheeler, Three-Wheeler, Passenger Vehicle and Commercial Vehicle. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Battery Swapping Charging Infrastructure Market is Projected to reach USD 542.6 Million by 2028, at a CAGR of 21.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nio Inc., Gogoro, Inc., Tesla, Inc., SUN Mobility Technology Center, BYD Company Ltd., BattSwap, Ltd., Kwang Yang Motor Company Ltd., Panasonic Corporation and Lithion Power Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Service Type
By Vehicle Type
- Two-Wheeler
- Three-Wheeler
- Passenger Vehicle
- Commercial Vehicle
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Nio Inc.
- Gogoro, Inc.
- Tesla, Inc.
- SUN Mobility Technology Center
- BYD Company Ltd.
- BattSwap, Ltd.
- Kwang Yang Motor Company Ltd.
- Panasonic Corporation
- Lithion Power Pvt. Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Battery Swapping Charging Infrastructure Market, by Service Type
1.4.2 Asia Pacific Battery Swapping Charging Infrastructure Market, by Vehicle Type
1.4.3 Asia Pacific Battery Swapping Charging Infrastructure Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Battery Swapping Charging Infrastructure Market
Chapter 4. Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type
4.1 Asia Pacific Pay-per-use Market by Country
4.2 Asia Pacific Subscription Market by Country
Chapter 5. Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type
5.1 Asia Pacific Two-Wheeler Market by Country
5.2 Asia Pacific Three-Wheeler Market by Country
5.3 Asia Pacific Passenger Vehicle Market by Country
5.4 Asia Pacific Commercial Vehicle Market by Country
Chapter 6. Asia Pacific Battery Swapping Charging Infrastructure Market by Country
6.1 China Battery Swapping Charging Infrastructure Market
6.1.1 China Battery Swapping Charging Infrastructure Market by Service Type
6.1.2 China Battery Swapping Charging Infrastructure Market by Vehicle Type
6.2 Japan Battery Swapping Charging Infrastructure Market
6.2.1 Japan Battery Swapping Charging Infrastructure Market by Service Type
6.2.2 Japan Battery Swapping Charging Infrastructure Market by Vehicle Type
6.3 India Battery Swapping Charging Infrastructure Market
6.3.1 India Battery Swapping Charging Infrastructure Market by Service Type
6.3.2 India Battery Swapping Charging Infrastructure Market by Vehicle Type
6.4 South Korea Battery Swapping Charging Infrastructure Market
6.4.1 South Korea Battery Swapping Charging Infrastructure Market by Service Type
6.4.2 South Korea Battery Swapping Charging Infrastructure Market by Vehicle Type
6.5 Singapore Battery Swapping Charging Infrastructure Market
6.5.1 Singapore Battery Swapping Charging Infrastructure Market by Service Type
6.5.2 Singapore Battery Swapping Charging Infrastructure Market by Vehicle Type
6.6 Malaysia Battery Swapping Charging Infrastructure Market
6.6.1 Malaysia Battery Swapping Charging Infrastructure Market by Service Type
6.6.2 Malaysia Battery Swapping Charging Infrastructure Market by Vehicle Type
6.7 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market
6.7.1 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type
6.7.2 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type
Chapter 7. Company Profiles
7.1 Tesla, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Panasonic Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 BYD Company Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Nio Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expenses
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.4.4.2 Geographical Expansions:
7.5 Gogoro, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.6 BattSwap, Ltd.
7.6.1 Company Overview
7.7 SUN Mobility Technology Center
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Lithion Power Pvt. Ltd.
7.8.1 Company Overview
7.9 Kwang Yang Motor Company Ltd.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Pay-per-use Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Pay-per-use Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Subscription Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Subscription Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Two-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Two-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Three-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Three-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Passenger Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Passenger Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Commercial Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Commercial Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Battery Swapping Charging Infrastructure Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Battery Swapping Charging Infrastructure Market by Country, 2022 - 2028, USD Thousands
TABLE 21 China Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 22 China Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 23 China Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 24 China Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 25 China Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 26 China Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 27 Japan Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 28 Japan Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 29 Japan Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 30 Japan Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 31 Japan Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 32 Japan Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 33 India Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 34 India Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 35 India Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 36 India Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 37 India Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 38 India Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 39 South Korea Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 40 South Korea Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 41 South Korea Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 42 South Korea Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 43 South Korea Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 44 South Korea Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 45 Singapore Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 46 Singapore Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 47 Singapore Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 48 Singapore Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 49 Singapore Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 50 Singapore Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 51 Malaysia Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 52 Malaysia Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 53 Malaysia Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 54 Malaysia Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 55 Malaysia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 56 Malaysia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 57 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 60 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 61 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 62 Rest of Asia Pacific Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 63 key Information – Tesla, Inc.
TABLE 64 Key Information – Panasonic Corporation
TABLE 65 key Information – BYD Company Ltd.
TABLE 66 Key Information – Nio Inc.
TABLE 67 Key Information – Gogoro, Inc.
TABLE 68 Key Information – BattSwap, Ltd.
TABLE 69 Key Information – SUN Mobility Technology Center
TABLE 70 Key Information – Lithion Power Pvt. Ltd.
TABLE 71 Key information – Kwang Yang Motor Company Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT ANALYSIS: TESLA, INC.
FIG 3 Recent strategies and developments: Panasonic Corporation
FIG 4 SWOT Analysis: Panasonic Corporation
FIG 5 Recent strategies and developments: Nio, Inc.