The Europe Battery Swapping Charging Infrastructure Market would witness market growth of 21.0% CAGR during the forecast period (2022-2028).
Battery as a service helps EV owners reduce their battery charging costs and requires the most undersized infrastructure to operate. To change their artillery, the owner needs to visit the outlet of the energy operator, change their drained battery and pay for the electricity consumed. An energy operator buys EV batteries in large volumes and sets up stations to charge batteries. It takes about the same time to refill a combustion engine vehicle and swap a battery.
Tesla was the first to disclose a system for swapping battery packs in EVs (US patent number 10513247B2). In this system, there was a frame with a base and a rack that held the battery pack. A lift was also installed to lower or raise the structure according to the need. The framework also had a pair of four air bearings, each fitted on the frame. The first set is placed on the top of the structure for the movement between the lift and the frame, whereas the other group is positioned on the bottom, which allows it to move relative to the battery pack. In regards to the frame’s base, the rack can also drive.
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 Germany market dominated the Europe Battery Swapping Charging Infrastructure Market by Country in 2021 thereby, achieving a market value of $35,369.2 Thousands by 2028; The UK market is exhibiting a CAGR of 19.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 21.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Battery Swapping Charging Infrastructure Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Battery Swapping Charging Infrastructure Market, by Service Type
1.4.2 Europe Battery Swapping Charging Infrastructure Market, by Vehicle Type
1.4.3 Europe 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. Europe Battery Swapping Charging Infrastructure Market by Service Type
4.1 Europe Pay-per-use Market by Country
4.2 Europe Subscription Market by Country
Chapter 5. Europe Battery Swapping Charging Infrastructure Market by Vehicle Type
5.1 Europe Two-Wheeler Market by Country
5.2 Europe Three-Wheeler Market by Country
5.3 Europe Passenger Vehicle Market by Country
5.4 Europe Commercial Vehicle Market by Country
Chapter 6. Europe Battery Swapping Charging Infrastructure Market by Country
6.1 Germany Battery Swapping Charging Infrastructure Market
6.1.1 Germany Battery Swapping Charging Infrastructure Market by Service Type
6.1.2 Germany Battery Swapping Charging Infrastructure Market by Vehicle Type
6.2 UK Battery Swapping Charging Infrastructure Market
6.2.1 UK Battery Swapping Charging Infrastructure Market by Service Type
6.2.2 UK Battery Swapping Charging Infrastructure Market by Vehicle Type
6.3 France Battery Swapping Charging Infrastructure Market
6.3.1 France Battery Swapping Charging Infrastructure Market by Service Type
6.3.2 France Battery Swapping Charging Infrastructure Market by Vehicle Type
6.4 Russia Battery Swapping Charging Infrastructure Market
6.4.1 Russia Battery Swapping Charging Infrastructure Market by Service Type
6.4.2 Russia Battery Swapping Charging Infrastructure Market by Vehicle Type
6.5 Spain Battery Swapping Charging Infrastructure Market
6.5.1 Spain Battery Swapping Charging Infrastructure Market by Service Type
6.5.2 Spain Battery Swapping Charging Infrastructure Market by Vehicle Type
6.6 Italy Battery Swapping Charging Infrastructure Market
6.6.1 Italy Battery Swapping Charging Infrastructure Market by Service Type
6.6.2 Italy Battery Swapping Charging Infrastructure Market by Vehicle Type
6.7 Rest of Europe Battery Swapping Charging Infrastructure Market
6.7.1 Rest of Europe Battery Swapping Charging Infrastructure Market by Service Type
6.7.2 Rest of Europe 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 Europe Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 2 Europe Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 3 Europe Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 4 Europe Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 5 Europe Pay-per-use Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Europe Pay-per-use Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Europe Subscription Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Europe Subscription Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Europe Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 10 Europe Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 11 Europe Two-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Europe Two-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Europe Three-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Europe Three-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Europe Passenger Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Europe Passenger Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Europe Commercial Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Europe Commercial Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Europe Battery Swapping Charging Infrastructure Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Europe Battery Swapping Charging Infrastructure Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Germany Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 22 Germany Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 23 Germany Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 24 Germany Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 25 Germany Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 26 Germany Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 27 UK Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 28 UK Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 29 UK Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 30 UK Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 31 UK Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 32 UK Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 33 France Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 34 France Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 35 France Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 36 France Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 37 France Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 38 France Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 39 Russia Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 40 Russia Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 41 Russia Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 42 Russia Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 43 Russia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 44 Russia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 45 Spain Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 46 Spain Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 47 Spain Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 48 Spain Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 49 Spain Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 50 Spain Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 51 Italy Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 52 Italy Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 53 Italy Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 54 Italy Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 55 Italy Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 56 Italy Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 57 Rest of Europe Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of Europe Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of Europe Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 60 Rest of Europe Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 61 Rest of Europe Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 62 Rest of Europe 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.