Global Battery-As-A-Service Market Overview

The Global Battery-As-A-Service market is anticipated to develop at a significant growth rate over the forecasted timeframe 2022-2028, considering 2021 as base year.

Battery-as-a-service concept allows customers to rent batteries separately from automobiles. An electric car can be purchased for less upfront by leasing the battery. With the help of this new service, EVs with shorter ranges may solve their battery-swapping needs. Additionally, compared to a charging station, battery switching takes less time and requires less infrastructure, making this concept almost practical and encouraging further use. Instead of purchasing a battery pack together with the car, the owner of an electric vehicle has the option of leasing or signing up for a battery subscription plan, giving them a more affordable option. The battery-as-a-service strategy gives the consumer power to agree to pay only the rental costs for the batteries and to acquire just the vehicle shell entirely. This also makes it possible for the consumer to swap out the battery with a new one inside the same automobile body. The market is primarily driven by elements like high battery costs, rising electric car sales, and supportive government measures. The operational expenses of electric vehicles (EVs) are lower than those of conventional cars, but they cost more to buy. The high cost of the batteries used in these cars accounts for a large portion of this expense.

Market Dynamics And Factors Of The Battery-As-A-Service Market

Drivers:

  • Ease of Battery Exchange and Eliminates Long Charging Times

Restraints:

  • Slow Adoption of EVs Due to High Ownership Cost

Opportunities:

  • High Growth Opportunity for Commercial Vehicle Sector

Challenges:

  • Battery Storage and Maintenance

Covid-19 Impact Analysis On Battery-As-A-Service Market

COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Battery-as-a-Service business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.

Top Key Players Covered In Battery-As-A-Service Market

  • NIO
  • Global Technology Systems Inc.
  • Epiroc
  • Contemporary Amperex Technology Co.Limited
  • KST Mobility Co.Ltd.
  • Magna International and other major players.

Key Industry Developments In The Battery-As-A-Service Market

  • August 2020, NIO launched BaaS, a ground-breaking innovation in both technology and business model, offering full services made possible by vehicle-battery separation, battery subscription, and charged, swappable, and upgradeable batteries.

Global Battery-As-A-Service Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data :

2016 to 2020

Market Size in 2021:

USD XX Bn.

Forecast Period 2022-28 CAGR:

XX%

Market Size in 2028:

USD XX Bn.

Segments Covered:

By Type

  • Stationary
  • Mobile/Portable

By Service Type

  • Subscription
  • Pay Per Use

By Vehicle Type

  • 2 & 3-Wheeler
  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Ease of Battery Exchange and Eliminates Long Charging Times

Key Market Restraints:

  • Slow Adoption of EVs Due to High Ownership Cost

Key Opportunities:

  • High Growth Opportunity for Commercial Vehicle Sector

Companies Covered in the report:

  • NIO, Global Technology Systems, Inc., Epiroc; Contemporary Amperex Technology Co., Limited, KST Mobility Co., Ltd., AND Magna International, Inc and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Service Type
 3.3 By Vehicle Type

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Battery-As-A-Service Market by Product Type
 5.1 Battery-As-A-Service Market Overview Snapshot and Growth Engine
 5.2 Battery-As-A-Service Market Overview
 5.3 Stationary
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Stationary: Grographic Segmentation
 5.4 Mobile/Portable
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Mobile/Portable: Grographic Segmentation

Chapter 6: Battery-As-A-Service Market by Service Type
 6.1 Battery-As-A-Service Market Overview Snapshot and Growth Engine
 6.2 Battery-As-A-Service Market Overview
 6.3 Subscription
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Subscription: Grographic Segmentation
 6.4 Pay Per Use
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Pay Per Use: Grographic Segmentation

Chapter 7: Battery-As-A-Service Market by Vehicle Type
 7.1 Battery-As-A-Service Market Overview Snapshot and Growth Engine
 7.2 Battery-As-A-Service Market Overview
 7.3 2 & 3-Wheeler
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 2 & 3-Wheeler: Grographic Segmentation
 7.4 Passenger Car
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Passenger Car: Grographic Segmentation
 7.5 Light Commercial Vehicle {LCV}
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Light Commercial Vehicle {LCV}: Grographic Segmentation
 7.6 Heavy Commercial Vehicle {HCV}
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Heavy Commercial Vehicle {HCV}: Grographic Segmentation
 7.7 Others
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size (2016-2028F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Others: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Battery-As-A-Service Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Battery-As-A-Service Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Battery-As-A-Service Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 NIO
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 GLOBAL TECHNOLOGY SYSTEMS INC.
 8.4 EPIROC
 8.5 CONTEMPORARY AMPEREX TECHNOLOGY CO.LIMITED
 8.6 KST MOBILITY CO.LTD.
 8.7 MAGNA INTERNATIONAL
 8.8 OTHER MAJOR PLAYERS

Chapter 9: Global Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Product Type
  9.2.1 Stationary
  9.2.2 Mobile/Portable
 9.3 Historic and Forecasted Market Size By Service Type
  9.3.1 Subscription
  9.3.2 Pay Per Use
 9.4 Historic and Forecasted Market Size By Vehicle Type
  9.4.1 2 & 3-Wheeler
  9.4.2 Passenger Car
  9.4.3 Light Commercial Vehicle {LCV}
  9.4.4 Heavy Commercial Vehicle {HCV}
  9.4.5 Others

Chapter 10: North America Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Product Type
  10.4.1 Stationary
  10.4.2 Mobile/Portable
 10.5 Historic and Forecasted Market Size By Service Type
  10.5.1 Subscription
  10.5.2 Pay Per Use
 10.6 Historic and Forecasted Market Size By Vehicle Type
  10.6.1 2 & 3-Wheeler
  10.6.2 Passenger Car
  10.6.3 Light Commercial Vehicle {LCV}
  10.6.4 Heavy Commercial Vehicle {HCV}
  10.6.5 Others
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Stationary
  11.4.2 Mobile/Portable
 11.5 Historic and Forecasted Market Size By Service Type
  11.5.1 Subscription
  11.5.2 Pay Per Use
 11.6 Historic and Forecasted Market Size By Vehicle Type
  11.6.1 2 & 3-Wheeler
  11.6.2 Passenger Car
  11.6.3 Light Commercial Vehicle {LCV}
  11.6.4 Heavy Commercial Vehicle {HCV}
  11.6.5 Others
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Stationary
  12.4.2 Mobile/Portable
 12.5 Historic and Forecasted Market Size By Service Type
  12.5.1 Subscription
  12.5.2 Pay Per Use
 12.6 Historic and Forecasted Market Size By Vehicle Type
  12.6.1 2 & 3-Wheeler
  12.6.2 Passenger Car
  12.6.3 Light Commercial Vehicle {LCV}
  12.6.4 Heavy Commercial Vehicle {HCV}
  12.6.5 Others
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Stationary
  13.4.2 Mobile/Portable
 13.5 Historic and Forecasted Market Size By Service Type
  13.5.1 Subscription
  13.5.2 Pay Per Use
 13.6 Historic and Forecasted Market Size By Vehicle Type
  13.6.1 2 & 3-Wheeler
  13.6.2 Passenger Car
  13.6.3 Light Commercial Vehicle {LCV}
  13.6.4 Heavy Commercial Vehicle {HCV}
  13.6.5 Others
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Battery-As-A-Service Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Product Type
  14.4.1 Stationary
  14.4.2 Mobile/Portable
 14.5 Historic and Forecasted Market Size By Service Type
  14.5.1 Subscription
  14.5.2 Pay Per Use
 14.6 Historic and Forecasted Market Size By Vehicle Type
  14.6.1 2 & 3-Wheeler
  14.6.2 Passenger Car
  14.6.3 Light Commercial Vehicle {LCV}
  14.6.4 Heavy Commercial Vehicle {HCV}
  14.6.5 Others
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Battery-As-A-Service Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data :

2016 to 2020

Market Size in 2021:

USD XX Bn.

Forecast Period 2022-28 CAGR:

XX%

Market Size in 2028:

USD XX Bn.

Segments Covered:

By Type

  • Stationary
  • Mobile/Portable

By Service Type

  • Subscription
  • Pay Per Use

By Vehicle Type

  • 2 & 3-Wheeler
  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Ease of Battery Exchange and Eliminates Long Charging Times

Key Market Restraints:

  • Slow Adoption of EVs Due to High Ownership Cost

Key Opportunities:

  • High Growth Opportunity for Commercial Vehicle Sector

Companies Covered in the report:

  • NIO, Global Technology Systems, Inc., Epiroc; Contemporary Amperex Technology Co., Limited, KST Mobility Co., Ltd., AND Magna International, Inc and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BATTERY-AS-A-SERVICE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BATTERY-AS-A-SERVICE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BATTERY-AS-A-SERVICE MARKET COMPETITIVE RIVALRY
TABLE 005. BATTERY-AS-A-SERVICE MARKET THREAT OF NEW ENTRANTS
TABLE 006. BATTERY-AS-A-SERVICE MARKET THREAT OF SUBSTITUTES
TABLE 007. BATTERY-AS-A-SERVICE MARKET BY PRODUCT TYPE
TABLE 008. STATIONARY MARKET OVERVIEW (2016-2028)
TABLE 009. MOBILE/PORTABLE MARKET OVERVIEW (2016-2028)
TABLE 010. BATTERY-AS-A-SERVICE MARKET BY SERVICE TYPE
TABLE 011. SUBSCRIPTION MARKET OVERVIEW (2016-2028)
TABLE 012. PAY PER USE MARKET OVERVIEW (2016-2028)
TABLE 013. BATTERY-AS-A-SERVICE MARKET BY VEHICLE TYPE
TABLE 014. 2 & 3-WHEELER MARKET OVERVIEW (2016-2028)
TABLE 015. PASSENGER CAR MARKET OVERVIEW (2016-2028)
TABLE 016. LIGHT COMMERCIAL VEHICLE {LCV} MARKET OVERVIEW (2016-2028)
TABLE 017. HEAVY COMMERCIAL VEHICLE {HCV} MARKET OVERVIEW (2016-2028)
TABLE 018. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 019. NORTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 020. NORTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY SERVICE TYPE (2016-2028)
TABLE 021. NORTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 022. N BATTERY-AS-A-SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 023. EUROPE BATTERY-AS-A-SERVICE MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. EUROPE BATTERY-AS-A-SERVICE MARKET, BY SERVICE TYPE (2016-2028)
TABLE 025. EUROPE BATTERY-AS-A-SERVICE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 026. BATTERY-AS-A-SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 027. ASIA PACIFIC BATTERY-AS-A-SERVICE MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. ASIA PACIFIC BATTERY-AS-A-SERVICE MARKET, BY SERVICE TYPE (2016-2028)
TABLE 029. ASIA PACIFIC BATTERY-AS-A-SERVICE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 030. BATTERY-AS-A-SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA BATTERY-AS-A-SERVICE MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA BATTERY-AS-A-SERVICE MARKET, BY SERVICE TYPE (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA BATTERY-AS-A-SERVICE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 034. BATTERY-AS-A-SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 035. SOUTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 036. SOUTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY SERVICE TYPE (2016-2028)
TABLE 037. SOUTH AMERICA BATTERY-AS-A-SERVICE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 038. BATTERY-AS-A-SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 039. NIO: SNAPSHOT
TABLE 040. NIO: BUSINESS PERFORMANCE
TABLE 041. NIO: PRODUCT PORTFOLIO
TABLE 042. NIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. GLOBAL TECHNOLOGY SYSTEMS INC.: SNAPSHOT
TABLE 043. GLOBAL TECHNOLOGY SYSTEMS INC.: BUSINESS PERFORMANCE
TABLE 044. GLOBAL TECHNOLOGY SYSTEMS INC.: PRODUCT PORTFOLIO
TABLE 045. GLOBAL TECHNOLOGY SYSTEMS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. EPIROC: SNAPSHOT
TABLE 046. EPIROC: BUSINESS PERFORMANCE
TABLE 047. EPIROC: PRODUCT PORTFOLIO
TABLE 048. EPIROC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. CONTEMPORARY AMPEREX TECHNOLOGY CO.LIMITED: SNAPSHOT
TABLE 049. CONTEMPORARY AMPEREX TECHNOLOGY CO.LIMITED: BUSINESS PERFORMANCE
TABLE 050. CONTEMPORARY AMPEREX TECHNOLOGY CO.LIMITED: PRODUCT PORTFOLIO
TABLE 051. CONTEMPORARY AMPEREX TECHNOLOGY CO.LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. KST MOBILITY CO.LTD.: SNAPSHOT
TABLE 052. KST MOBILITY CO.LTD.: BUSINESS PERFORMANCE
TABLE 053. KST MOBILITY CO.LTD.: PRODUCT PORTFOLIO
TABLE 054. KST MOBILITY CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. MAGNA INTERNATIONAL: SNAPSHOT
TABLE 055. MAGNA INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 056. MAGNA INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 057. MAGNA INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 058. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 059. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 060. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BATTERY-AS-A-SERVICE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BATTERY-AS-A-SERVICE MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. STATIONARY MARKET OVERVIEW (2016-2028)
FIGURE 013. MOBILE/PORTABLE MARKET OVERVIEW (2016-2028)
FIGURE 014. BATTERY-AS-A-SERVICE MARKET OVERVIEW BY SERVICE TYPE
FIGURE 015. SUBSCRIPTION MARKET OVERVIEW (2016-2028)
FIGURE 016. PAY PER USE MARKET OVERVIEW (2016-2028)
FIGURE 017. BATTERY-AS-A-SERVICE MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 018. 2 & 3-WHEELER MARKET OVERVIEW (2016-2028)
FIGURE 019. PASSENGER CAR MARKET OVERVIEW (2016-2028)
FIGURE 020. LIGHT COMMERCIAL VEHICLE {LCV} MARKET OVERVIEW (2016-2028)
FIGURE 021. HEAVY COMMERCIAL VEHICLE {HCV} MARKET OVERVIEW (2016-2028)
FIGURE 022. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 023. NORTH AMERICA BATTERY-AS-A-SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. EUROPE BATTERY-AS-A-SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. ASIA PACIFIC BATTERY-AS-A-SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. MIDDLE EAST & AFRICA BATTERY-AS-A-SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. SOUTH AMERICA BATTERY-AS-A-SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)

Please Wait...

Frequently Asked Questions :

What would be the forecast period in the Battery-As-A-Service Market research report?

The forecast period in the Battery-As-A-Service Market research report is 2022-2028.

Who are the key players in Battery-As-A-Service Market?

NIO, Global Technology Systems Inc., Epiroc, Contemporary Amperex Technology Co. Limited, KST Mobility Co. Ltd., Magna International Inc., and Other Major Players.

What are the segments of the Battery-As-A-Service Market?

The Battery-As-A-Service market is segmented into Product Type, Service Type, Vehicle Type, and Region. By Product type, the market is categorized into Stationary, and Mobile/Portable. By Service type, it is classified into Subscription, and Pay Per Use. By Vehicle type, the market is categorized into 2 & 3-Wheeler, Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).

What is the Battery-As-A-Service Market?

Battery-as-a-service concept allows customers to rent batteries separately from automobiles. An electric car can be purchased for less upfront by leasing the battery. With the help of this new service, EVs with shorter ranges may solve their battery-swapping needs. Additionally, compared to a charging station, battery switching takes less time and requires less infrastructure, making this concept almost practical and encouraging further use.

How big is the Battery-As-A-Service Market?

The Global Battery-As-A-Service market is anticipated to develop at a significant growth rate over the forecasted timeframe 2022-2028, considering 2021 as base year.