The Latin America, Middle East and Africa Battery Swapping Charging Infrastructure Market would witness market growth of 23.8% CAGR during the forecast period (2022-2028).
The industry for battery-swapping charging infrastructure is seeing rising competition. The well-established market players are using the subsidies offered by the government to gain maximum profits. Companies use partnerships, technological advancements, acquisitions & mergers, and collaborations to increase their growth. Also, they are working towards responsible disposal & recycling to attain climate change goals, regulating the EV batteries and launching affordable battery charging infrastructure.
There is also a method in which the depleted battery can be changed anytime or anywhere. In this method, a swapping truck will come and provide the users with a new, fully charged battery in exchange for a dead battery. The swapping stations can be placed in metro stations or other transportation hubs for E-rickshaws and Autos powered by storm as they are expected to become more relevant in the upcoming time. In addition, organizations are working towards creating more advanced battery-swapping machines and intelligent, lightweight batteries for faster change.
To make Dubai the happiest and most innovative city in the world while also promoting green transportation along the city is the vision proposed by the Prime Minister of the UAE and the Ruler of Dubai. Due to this, the first public charging infrastructure for electric vehicles was built in the region. Furthermore, to encourage Electric vehicle adoption in the region, 100 EV green chargers were installed and developed by the DEWA in areas with the highest EV frequency. Now the network has expanded to 325 chargers across the whole of Dubai. These charging stations can be accessed by the customers who have availed of the services, and non-registered customers can use them through guest mode.
The Brazil market dominated the LAMEA Battery Swapping Charging Infrastructure Market by Country in 2021; thereby, achieving a market value of $7,691.5 Thousands by 2028. The Argentina market is showcasing a CAGR of 24.5% during (2022 - 2028). Additionally, The UAE market would register 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Battery Swapping Charging Infrastructure Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Battery Swapping Charging Infrastructure Market, by Service Type
1.4.2 LAMEA Battery Swapping Charging Infrastructure Market, by Vehicle Type
1.4.3 LAMEA 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. LAMEA Battery Swapping Charging Infrastructure Market by Service Type
4.1 LAMEA Pay-per-use Market by Country
4.2 LAMEA Subscription Market by Country
Chapter 5. LAMEA Battery Swapping Charging Infrastructure Market by Vehicle Type
5.1 LAMEA Two-Wheeler Market by Country
5.2 LAMEA Three-Wheeler Market by Country
5.3 LAMEA Passenger Vehicle Market by Country
5.4 LAMEA Commercial Vehicle Market by Country
Chapter 6. LAMEA Battery Swapping Charging Infrastructure Market by Country
6.1 Brazil Battery Swapping Charging Infrastructure Market
6.1.1 Brazil Battery Swapping Charging Infrastructure Market by Service Type
6.1.2 Brazil Battery Swapping Charging Infrastructure Market by Vehicle Type
6.2 Argentina Battery Swapping Charging Infrastructure Market
6.2.1 Argentina Battery Swapping Charging Infrastructure Market by Service Type
6.2.2 Argentina Battery Swapping Charging Infrastructure Market by Vehicle Type
6.3 UAE Battery Swapping Charging Infrastructure Market
6.3.1 UAE Battery Swapping Charging Infrastructure Market by Service Type
6.3.2 UAE Battery Swapping Charging Infrastructure Market by Vehicle Type
6.4 Saudi Arabia Battery Swapping Charging Infrastructure Market
6.4.1 Saudi Arabia Battery Swapping Charging Infrastructure Market by Service Type
6.4.2 Saudi Arabia Battery Swapping Charging Infrastructure Market by Vehicle Type
6.5 South Africa Battery Swapping Charging Infrastructure Market
6.5.1 South Africa Battery Swapping Charging Infrastructure Market by Service Type
6.5.2 South Africa Battery Swapping Charging Infrastructure Market by Vehicle Type
6.6 Nigeria Battery Swapping Charging Infrastructure Market
6.6.1 Nigeria Battery Swapping Charging Infrastructure Market by Service Type
6.6.2 Nigeria Battery Swapping Charging Infrastructure Market by Vehicle Type
6.7 Rest of LAMEA Battery Swapping Charging Infrastructure Market
6.7.1 Rest of LAMEA Battery Swapping Charging Infrastructure Market by Service Type
6.7.2 Rest of LAMEA 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 LAMEA Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Pay-per-use Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Pay-per-use Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Subscription Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Subscription Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 11 LAMEA Two-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA Two-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Three-Wheeler Market by Country, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Three-Wheeler Market by Country, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Passenger Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Passenger Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Commercial Vehicle Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Commercial Vehicle Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Battery Swapping Charging Infrastructure Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Battery Swapping Charging Infrastructure Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Brazil Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 22 Brazil Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 23 Brazil Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 24 Brazil Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 25 Brazil Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 26 Brazil Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 27 Argentina Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 28 Argentina Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 29 Argentina Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 30 Argentina Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 31 Argentina Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 32 Argentina Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 33 UAE Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 34 UAE Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 35 UAE Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 36 UAE Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 37 UAE Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 38 UAE Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 39 Saudi Arabia Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 40 Saudi Arabia Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 41 Saudi Arabia Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 42 Saudi Arabia Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 43 Saudi Arabia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 44 Saudi Arabia Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 45 South Africa Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 46 South Africa Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 47 South Africa Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 48 South Africa Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 49 South Africa Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 50 South Africa Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 51 Nigeria Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 52 Nigeria Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 53 Nigeria Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 54 Nigeria Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 55 Nigeria Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 56 Nigeria Battery Swapping Charging Infrastructure Market by Vehicle Type, 2022 - 2028, USD Thousands
TABLE 57 Rest of LAMEA Battery Swapping Charging Infrastructure Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of LAMEA Battery Swapping Charging Infrastructure Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of LAMEA Battery Swapping Charging Infrastructure Market by Service Type, 2018 - 2021, USD Thousands
TABLE 60 Rest of LAMEA Battery Swapping Charging Infrastructure Market by Service Type, 2022 - 2028, USD Thousands
TABLE 61 Rest of LAMEA Battery Swapping Charging Infrastructure Market by Vehicle Type, 2018 - 2021, USD Thousands
TABLE 62 Rest of LAMEA 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.