세계 전기이륜차용 배터리 교환 시장 규모는 2024-2031년 예측 기간 동안 15.45%의 CAGR로 2023년 12억 4,554만 달러에서 2031년 39억 3,106만 달러로 성장할 것으로 예상됩니다. 이 시장은 최근 몇 년 동안 괄목할 만한 성장세를 보였으며, 앞으로도 견조한 성장세를 유지할 것으로 예상됩니다.
배터리 교환은 전기자동차(EV) 사용자가 교환 스테이션을 방문하여 소모된 배터리를 충전된 배터리로 교환하는 방식입니다. 이는 주행거리에 대한 불안감을 최소화하고 충전소 설치 문제를 해결하는 데 도움이 됩니다. 또한 배터리를 임대함으로써 EV 사용자는 고가의 배터리 구매를 피할 수 있습니다. 배터리 교환은 충전소에서 몇 시간이 걸리지만, 배터리 교환 지점에서 가장 적은 시간과 인프라가 필요합니다.
배출가스를 최소화하고 효율적인 장거리 주행이 가능한 차량에 대한 세계 수요 증가로 배터리 교환 사업이 확대되고 있습니다. 배터리 기술, 사물인터넷(IoT), 모듈형 배터리 스와핑 기술의 지속적인 발전이 이 시장을 견인할 것으로 예상됩니다. 또한, 전기차 배터리의 높은 초기 비용으로 인해 배터리 교환이 효과적인 솔루션이 되고 있습니다. 그러나 배터리 기술이 중요한 차별화 요소이기 때문에 제조사들은 공통된 배터리 사양에 합의하는 데 어려움을 겪고 있으며, 교환 스테이션에서 서로 다른 모델의 배터리를 교환하는 것은 어려울 것으로 보입니다. 높은 초기 비용, 기술 차별화, 높은 초기 설정 비용 및 운영 비용으로 인해 배터리 교환 스테이션의 발전을 더욱 방해하고 있습니다.
다양한 지역의 도시뿐만 아니라 농촌 지역에서도 빠른 배송과 일상적인 출퇴근을 위해 오토바이가 사용되면서 전기이륜차용 배터리 교환 시장의 수요 증가에 기여하고 있습니다. 장기적으로 리튬 이온 배터리 기술 개발, 대기업의 R&D 비용 증가, 엄격한 배기가스 규제로 인한 세계 전기 이륜차 판매량 증가 등의 요인으로 인해 시장이 확대될 것으로 예상됩니다.
이 보고서는 세계 전기이륜차용 배터리 교환 시장을 조사하여 시장 개요와 함께 최종사용자별, 서비스 유형별, 배터리 유형별, 지역별 동향, 시장 진입 기업 개요 등을 제공합니다.
Global battery-swapping for electric two-wheeler market is projected to witness a CAGR of 15.45% during the forecast period 2024-2031, growing from USD 1245.54 million in 2023 to USD 3931.06 million in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
In battery swapping, electric vehicle (EV) users visit swapping stations and exchange their depleted batteries for charged ones. It minimizes drivers' range anxiety and helps resolve the issue of installing charging stations. Furthermore, leasing batteries can assist EV users in avoiding the high cost of buying batteries outright. Swapping a battery at a battery swapping point requires the least time and infrastructure, while the process may take many hours at a charging station.
The battery-swapping business is expanding due to rising global demand for efficient, long-range vehicles with minimal emissions. Continuous advancements in battery technology, the Internet of Things (IoT), and modular battery swapping technologies are expected to drive this market. Furthermore, battery switching is becoming an effective solution due to the high initial cost of EV batteries. However, manufacturers struggle to agree on common battery specifications, as battery technology is a key differentiator, and it will be difficult to swap batteries at swap stations for different models. High initial costs, differentiation in technology, and high initial set-up and operating costs further hinder the development of battery swapping stations.
The increase in the use of two wheelers in quick delivery and daily commute in rural as well as urban areas across different regions is contributing to the rising demand of the battery swapping for electric two-wheeler market. Over time, the market is predicted to expand due to factors such as technological developments in lithium-ion batteries, increasing R&D expenditure by leading players, and rising global sales of electric two-wheelers because of strict emission norms.
For instance, in December 2023, Taiwan-based Gogoro Inc. announced an investment of USD 1.5 billion in Maharashtra, India, to build battery swapping infrastructure, including a factory to manufacture CrossOver e-scooters in partnership with Foxconn.
The use of EVs in micro mobility is becoming more common, with many countries providing infrastructure, allocating zones in cities for service trials, and partnering with these firms to establish the country's micro mobility space. The durability and safety of shared e-scooters have increased in recent years. However, one difficulty remains, and that is the issue of recharging. While the EV industry battles with range, charging periods, and infrastructure, micro mobility may have things much easier.
For example, in July 2023, Swedish micro mobility provider Voi Technology and Berlin-based Battery-as-a-Service provider Swobbee GmbH, announced a three-year partnership to establish charging and battery-swapping stations for e-scooter sharing across Europe. Voi and Swobbee have partnered by opening two stations in Hamburg, Germany.
At present, batteries constitute about 40-70% of the initial cost of an EV. This upfront cost can be shifted to the energy operators network if these batteries can be decoupled and sold or rented separately. Battery swapping and interoperability will play a significant role as they contribute to developing supply chain networks, which will enhance EV adoption and speed up the transition for zero emission transportation. Most of the electric two-wheeler sales in North America, Europe, and Asia-Pacific currently use lithium-ion (Li-ion) batteries. Government support for Li-ion battery-powered low-speed EVs is expected to help expand this segment in major countries such as China and India in the coming years. Furthermore, in the upcoming five years, almost all the two wheelers sold globally will be powered by Li-ion battery technology.
For instance, in January 2024, Harvard John A. Paulson School of Engineering and Applied Sciences researchers created a novel lithium metal battery that can be charged and drained at least 6,000 times, which is more than any existing pouch battery cell. Furthermore, the battery can be recharged in minutes, allowing for quick charging capabilities.
The governments of many countries are providing incentives and subsidies to manufacturers and consumers to promote the usage of electric two-wheelers and establishing battery swapping stations. Additionally, they are building the necessary infrastructure for battery swapping, especially for two-wheelers like Gogoro to set up facilities in the Philippines, and other nations such as India, China, Indonesia, and Vietnam, among others. Furthermore, increasing emission norms and ban on old ICE vehicles is influencing consumers towards EVs and leading to the growth of battery-swapping for electric two-wheeler market.
For example, in April 2022, the Government of India (GoI) released an EV battery-swapping policy with the goal of driving EV adoption by supporting the use of battery-swapping technology, which promises minimum downtime and lower upfront costs and space requirements. These types of activities, in turn, help the sector grow.
The subscription-based model of battery-swapping for electric two-wheeler is a highly sustainable approach and is expected to be the largest segment during the forecast period. The subscription-based model allows users to change batteries at a lower rate than the pay-per-use scenario. Most of the service providers offer this kind of battery swapping service, while providing great offers for long term users. One important aspect of the battery swapping service based on the subscription model is the number of swaps available in a month. Most two-wheeler battery swapping players provide 12-18 swaps per month, which varies depending on factors, including battery power capacity and number of batteries in a vehicle, among others.
For instance, in August 2021, KYMCO launched the lonex Recharge, which provides on-demand battery delivery and swapping for electric scooters and motorcycles. Riders can subscribe to their battery swapping service and have their vehicle batteries swapped overnight or at a designated time and place.
Asia-Pacific is exerting its dominance in the battery-swapping market due to the rising demand for EVs and adequate public charging infrastructure and less charging time. Countries like India, China, and Japan are witnessing a surge in innovations as many new startups and joint ventures are taking shape, thereby favoring the market growth. In China, automaker SAIC, battery maker CATL, along with two oil companies; Sinopec and China National Petroleum (CNPC), established a joint venture named Shanghai Jieneng Zhidian New Energy Technology to setup multiple battery swapping stations. Similarly, Taiwan is also contributing to the rise of battery swapping market as companies, such as Gogoro Inc., have partnered with Zypp Electric, Hero Electric, and HPCL for battery swapping stations.
The global battery-swapping for electric two-wheeler market is expanding due to rising global demand for zero-emission vehicles.
Continuous improvements on the Internet of Things (IoT), battery technology, and modular battery swapping technologies are projected to open new prospects in the battery-swapping market.
The growing use of micro-mobility solutions, including electric scooters and cycles, is expected to significantly boost the battery swapping market, enhancing urban transportation efficiency.
Asia-Pacific is expected to dominate the global battery swap market for electric two-wheelers, with China and India leading the way. Growth in Europe is also expected due to delivery and logistics operations.
Key participants in the battery swapping market include Gogoro Inc., NIO Technologies, Sun Mobility, Shenzen Immotor Technology Ltd., Oyika Pte. Ltd., MO Batteries Singapore Pte Ltd., and Kwang Yang Motor Co., Ltd. These companies continuously develop battery swapping infrastructure and innovative service models to remain competitive. Mergers with research and development organizations, new product creation, and marketing operations to increase client awareness are all part of competitive tactics. To maintain their competitive advantage in the market, these businesses also place a high priority on adhering to rules established by local governments.
In March 2023, battery-swapping solutions supplier Esmito Solutions Pvt Ltd teamed up with EV charging services provider ElectricFuel to launch an energy-as-a-service (EaaS) platform that provides affordable battery-swapping options.
In May 2021, Gogoro Inc. teamed with two-wheeler manufacturers Yadea and DCJ to launch a new electric refueling system in China using Gogoro's battery switching technology. Vehicles created under this collaboration will use Gogoro's Powered by Gogoro Network initiative, which allows Gogoro's vehicle maker partners to connect their vehicle technology with Gogoro's intelligent drivetrains and controllers, components, and smart systems.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.