Request for Covid-19 Impact Assessment of this Report
By region, Asia-Pacific dominates the market at present, followed by Europe, North America, and LAMEA. In Asia-Pacific, China dominated the global electric vehicle battery swapping market in 2019, whereas Singapore is expected to grow at a significant rate in during the forecast period.
The market is segmented on the basis of service type, vehicle type and region. By service type, it is bifurcated into subscription model and pay-per-use model. On the basis of vehicle type, it is categorized into two-wheelers, three-wheelers, passenger cars, and commercial vehicles. By region, the market is segmented across North America, Europe, Asia-Pacific and LAMEA.
COVID Impact Analysis:
Rapid spread of COVID-19 had a significant impact on the global automotive industry, with a downturn in demand for new and old vehicles. Impact of the current global economic conditions and market sentiment directly affect business of key players. Although, many challenges lie ahead, coronavirus could accelerate some beneficial trends. For instance, electrification is expected to increase in select segments, such as two-wheel (2W) and three-wheel (3W) vehicles, and shared mobility could also increase, owing to growth of various use cases such as last-mile delivery, ride hailing, and rentals. As they prepare for the future, a solid understanding of changed landscape can help OEMs and other stakeholders update their strategies for the electric vehicle battery swapping market.
Key players operating in the global electric vehicle battery swapping market are Amara Raja, Amplify Mobility, ChargeMYGaadi, EChargeUp solutions pvt Ltd, Esmito Solutions Pvt Ltd, Gogoro, Inc., Lithion Power Pvt Ltd, NIO, Inc., Numocity, Oyika Pte Ltd, Panasonic India Pvt. Ltd., Revolt Motors, SUN Mobility Pvt. Ltd, TATA Power and VoltUp
KEY BENEFITS FOR STAKEHOLDERS
• This study presents analytical depiction of the electric vehicle battery swapping market along with current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
• The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Service Type
o Subscription Model
o Pay-Per-Use Model
By Vehicle Type
o Two-Wheeler
o Three-Wheeler
o Passenger Cars
o Commercial Vehicles
By Region
o North America
U.S.
Canada
Mexico
o Europe
UK
Netherlands
Norway
Germany
France
Rest of Europe
o Asia-Pacific
China
Japan
South Korea
Singapore
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
Key Players
• Amara Raja
• Amplify Mobility
• ChargeMYGaadi
• EChargeUp solutions pvt Ltd
• Esmito Solutions Pvt Ltd
• Gogoro, Inc.
• Lithion Power Pvt Ltd
• NIO, Inc.
• Numocity
• Oyika Pte Ltd
• Panasonic India Pvt. Ltd.
• Revolt Motors
• SUN Mobility Pvt. Ltd
• TATA Power
• VoltUp
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
3.4.Market share analysis (2019)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increasing demand for electric vehicles coupled with the lack of adequate public charging facilities
3.5.1.2.Reduced time for electric vehicle charging
3.5.2.Restraints
3.5.2.1.Differentiation in battery technology and design
3.5.2.2.High initial set-up and operating cost of battery swapping station
3.5.3.Opportunities
3.5.3.1.Rapid emergence of shared e-mobility
3.5.3.2.Introduction of innovative & advanced battery swapping model and services
3.6.Impact of COVID-19 on market
3.6.1.Evolution of outbreaks
3.6.1.1.COVID-19
3.6.2.Micro economic Impact analysis
3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends
3.6.3.Macro-economic Impact analysis
3.6.3.1.GDP
3.6.3.2.Import/Export Analysis
3.6.3.3.Employment Index
3.6.3.4.Macro-Economic Indicators Projections
3.6.4.Impact on industry analysis
CHAPTER 4:ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE
4.1.Overview
4.2.Subscription Model
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Pay-Per-Use Model
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
CHAPTER 5:ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE
5.1.Overview
5.2.Two-Wheeler
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Three-Wheeler
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Passenger Cars
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Commercial Vehicles
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
CHAPTER 6:ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION
6.1.Overview
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by service type
6.2.3.Market size and forecast, by vehicle type
6.2.4.Market size and forecast, by country
6.2.4.1.U.S.
6.2.4.1.1.Market size and forecast, by service type
6.2.4.1.2.Market size and forecast, by vehicle type
6.2.4.2.Canada
6.2.4.2.2.Market size and forecast, by service type
6.2.4.2.3.Market size and forecast, by vehicle type
6.2.4.3.Mexico
6.2.4.3.1.Market size and forecast, by service type
6.2.4.3.2.Market size and forecast, by vehicle type
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by service type
6.3.3.Market size and forecast, by vehicle type
6.3.4.Market size and forecast, by country
6.3.4.1.UK
6.3.4.1.1.Market size and forecast, by service type
6.3.4.1.2.Market size and forecast, by vehicle type
6.3.4.2.Germany
6.3.4.2.2.Market size and forecast, by service type
6.3.4.2.3.Market size and forecast, by vehicle type
6.3.4.3.France
6.3.4.3.1.Market size and forecast, by service type
6.3.4.3.2.Market size and forecast, by vehicle type
6.3.4.4.Netherlands
6.3.4.4.1.Market size and forecast, by service type
6.3.4.4.2.Market size and forecast, by vehicle type
6.3.4.5.Rest of Europe
6.3.4.5.1.Market size and forecast, by service type
6.3.4.5.2.Market size and forecast, by vehicle type
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by service type
6.4.3.Market size and forecast, by vehicle type
6.4.4.Market size and forecast, by country
6.4.4.1.China
6.4.4.1.1.Market size and forecast, by service type
6.4.4.1.2.Market size and forecast, by vehicle type
6.4.4.2.Japan
6.4.4.2.2.Market size and forecast, by service type
6.4.4.2.3.Market size and forecast, by vehicle type
6.4.4.3.India
6.4.4.3.1.Market size and forecast, by service type
6.4.4.3.2.Market size and forecast, by vehicle type
6.4.4.4.South Korea
6.4.4.4.1.Market size and forecast, by service type
6.4.4.4.2.Market size and forecast, by vehicle type
6.4.4.5.Rest of Asia-Pacific
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by service type
6.5.3.Market size and forecast, by vehicle type
6.5.4.Market size and forecast, by country
6.5.4.1.Latin America
6.5.4.1.1.Market size and forecast, by service type
6.5.4.1.2.Market size and forecast, by vehicle type
6.5.4.2.Middle East
6.5.4.2.2.Market size and forecast, by service type
6.5.4.2.3.Market size and forecast, by vehicle type
6.5.4.3.Africa
6.5.4.3.1.Market size and forecast, by service type
6.5.4.3.2.Market size and forecast, by vehicle type
CHAPTER 7:COMPANY PROFILES
7.1.Amara Raja Battery Limited
7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments
7.2.Amplify Cleantech Solutions Private Limited
7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio
7.3.ChargeMyGaadi
7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio
7.4.Echargeup
7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio
7.4.4.Key strategic moves and developments
7.5.Esmito Solutions Pvt Ltd.
7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Product portfolio
7.6.Gogoro Inc.
7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Product portfolio
7.6.4.Key strategic moves and developments
7.7.Lithion Power Private Limited
7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio
7.7.4.Key strategic moves and developments
7.8.NIO Inc.
7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance
7.8.6.Key strategic moves and developments
7.9.Numocity Technologies Pvt Ltd.
7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Product portfolio
7.9.4.Key strategic moves and developments
7.10.Oyika
7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio
7.10.4.Key strategic moves and developments
7.11.Panasonic Corporation
7.11.1.Company overview
7.11.2.Company snapshot
7.11.3.Operating business segments
7.11.4.Product portfolio
7.11.5.Business performance
7.11.6.Key strategic moves and developments
7.12.Revolt Motors
7.12.1.Company overview
7.12.2.Company snapshot
7.12.3.Product portfolio
7.12.4.Key strategic moves and developments
7.13.SUN Mobility
7.13.1.Company overview
7.13.2.Company snapshot
7.13.3.Product portfolio
7.13.4.Key strategic moves and developments
7.14.Tata Power
7.14.1.Company overview
7.14.2.Company snapshot
7.14.3.Operating business segments
7.14.4.Product portfolio
7.14.5.Business performance
7.14.6.Key strategic moves and developments
7.15.VoltUP
7.15.1.Company overview
7.15.2.Company snapshot
7.15.3.Product portfolio
7.15.4.Key strategic moves and developments
TABLE 01.MACRO-ECONOMIC INDICATORS PROJECTIONS
TABLE 02.ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 03.SUBSCRIPTION MODEL ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 04.PAY-PER-USE MODEL ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 05.ELECTRIC VEHICLE BATTERY SWAPPING MARKET, VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 06.TWO-WHEELERS ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 07.THREE-WHEELER ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 08.PASSENGER CARS ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 09.COMMERCIAL VEHICLE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 10.ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 13.U.S. ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 14.U.S. ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 15.CANADA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 16.CANADA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 17.MEXICO ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 18.MEXICO ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 19.EUROPE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 20.EUROPE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 21.UK ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 22.UK ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 23.GERMANY ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 24.GERMANY ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 25.FRANCE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 26.FRANCE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 27.NETHERLANDS ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 28.NETHERLANDS ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 29.REST OF EUROPE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 30.REST OF EUROPE ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 31.ASIA-PACIFIC ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 32.ASIA-PACIFIC ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 33.CHINA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 34.CHINA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 35.JAPAN ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 36.JAPAN ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 37.INDIA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 38.INDIA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 39.SOUTH KOREA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 40.SOUTH KOREA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 41.LAMEA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 42.LAMEA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 43.LATIN AMERICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 44.LATIN AMERICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 45.MIDDLE EAST ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 46.MIDDLE EAST ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 47.AFRICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY SERVICE TYPE, 2019–2027 ($MILLION)
TABLE 48.AFRICA ELECTRIC VEHICLE BATTERY SWAPPING MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 49.AMARA RAJA BATTERY LIMITED: COMPANY SNAPSHOT
TABLE 50.AMARA RAJA BATTERIES LIMITED: OPERATING SEGMENTS
TABLE 51.AMARA RAJA BATTERIES LIMITED: PRODUCT PORTFOLIO
TABLE 52.AMARA RAJA BATTERIES LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 53.AMPLIFY CLEANTECH SOLUTIONS PRIVATE LIMITED: COMPANY SNAPSHOT
TABLE 54.AMPLIFY CLEANTECH SOLUTIONS PRIVATE LIMITED: PRODUCT PORTFOLIO
TABLE 55.CHARGEMYGAADI: COMPANY SNAPSHOT
TABLE 56.CHARGEMYGAADI: PRODUCT PORTFOLIO
TABLE 57.ECHARGEUP: COMPANY SNAPSHOT
TABLE 58.ECHARGEUP: PRODUCT PORTFOLIO
TABLE 59.ECHARGEUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 60.ESMITO SOLUTIONS PVT LTD.: COMPANY SNAPSHOT
TABLE 61.ESMITO SOLUTIONS PVT LTD.: PRODUCT PORTFOLIO
TABLE 62.GOGORO INC.: COMPANY SNAPSHOT
TABLE 63.GOGORO INC.: PRODUCT PORTFOLIO
TABLE 64.GOGORO INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 65.LITHION POWER PRIVATE LIMITED: COMPANY SNAPSHOT
TABLE 66.LITHION POWER PRIVATE LIMITED: PRODUCT PORTFOLIO
TABLE 67.LITHION POWER PRIVATE LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 68.NIO INC.: COMPANY SNAPSHOT
TABLE 69.NIO INC.: OPERATING SEGMENTS
TABLE 70.NIO INC.: PRODUCT PORTFOLIO
TABLE 71.NIO INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 72.NUMOCITY TECHNOLOGIES PVT LTD.: COMPANY SNAPSHOT
TABLE 73.NUMOCITY TECHNOLOGIES PVT LTD.: PRODUCT PORTFOLIO
TABLE 74.NUMOCITY TECHNOLOGIES PVT LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 75.OYIKA: COMPANY SNAPSHOT
TABLE 76.OYIKA: PRODUCT PORTFOLIO
TABLE 77.OYIKA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 78.PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 79.PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 80.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 81.PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 82.REVOLT MOTORS: COMPANY SNAPSHOT
TABLE 83.REVOLT MOTORS: PRODUCT PORTFOLIO
TABLE 84.REVOLT MOTORS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.SUN MOBILITY: COMPANY SNAPSHOT
TABLE 86.SUN MOBILITY: PRODUCT PORTFOLIO
TABLE 87.SUN MOBILITY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 88.TATA POWER: COMPANY SNAPSHOT
TABLE 89.TATA POWER: OPERATING SEGMENTS
TABLE 90.TATA POWER: PRODUCT PORTFOLIO
TABLE 91.TATA POWER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 92.VOLTUP: COMPANY SNAPSHOT
TABLE 93.VOLTUP: PRODUCT PORTFOLIO
TABLE 94.VOLTUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
Heating, ventilation, and air conditioning (HVAC) system in a vehicle is used for controlling the internal temperature of the vehicle cabin. It includes three subsystems, namely, heating, cooling, and air conditioning, that work together to provide purified ai...
The global smart transportation market size was valued at $63,667 million in 2015, and is projected to reach $237,701 million by 2022, growing at a CAGR of 18.6% from 2016 to 2022. Smart transport consists of intelligent transportation systems (ITSs) that aim ...
Forklift trucks are also referred to as lift trucks. These vehicles are used for transferring goods to a short distance. Forklift trucks were first introduced into the market in the early 20th century. After the World War, II the forklift truck market beg...