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The shared mobility industry is poised to grow as the shift from private cars to multimodal solutions continues. Though the shared mobility market was battered by the pandemic in 2020, operators quickly re-aligned their business models and emerged stronger. While all segments have rebounded, two have recorded explosive growth in the last 2 years—D...

The global power semiconductor market is forecast to record rapid growth with the increasing demand for EVs. Favorable government policies and subsidies and OEM commitment to net-zero emissions and sustainability targets contribute to the growing EV penetration. In 2021, global EV sales, including battery electric vehicles (BEVs) and plug-in hyb...

Mexico’s demographic favorability through the next decade, its focus on education to fully capitalize the growing working and escalating digital accessibility, and its growing start-up business support mechanisms advocates the expanding Mexico’s culture of innovation. Though Mexico spend less than 1% of GDP in research and development compared to o...

The earth observation market is currently undergoing multiple technology and business model disruptions, largely driven by NewSpace participants in the market. Multiple small-satellite operators have entered the market and some of them have already launched their satellites. Frost & Sullivan’s research indicated that over 12,000 small-satellites wi...

This research service analyzes the impact of prognostics and Big Data in the medium and heavy duty trucking industry. Discussions cover existing business models of vehicle manufacturers, component suppliers, and aftermarket telematics vendors in Europe and North America. The base year is 2012. Highlights include the demand for prognostics from the ...

The enterprise content management (ECM) market has never been more dynamic than now. With a recharged value proposition and demonstrable value for an ever-widening cadre of enterprise customers, ECM has come into its own. Often sold as an organizational platform upon which content management capabilities can be built, ECM shows rapid ROI, increased...

The EV mobility ecosystem is advancing rapidly as services around EV operations, monitoring, and management evolve to meet the diverse needs of fleets. Amid this change, traditional players in the EV ecosystem face the challenges of managing the evolution of new business models, competing with numerous new heterogeneous players offering integrated ...

In the fast-paced global economy, a successful business must be an agile business—one that can anticipate and respond quickly to changing economic, regulatory, and market conditions. However, no one anticipated the COVID-19 pandemic, which has tested just how agile companies are. With no time to gather data, consider options, install systems, or re...

19 Nov 2020  |  Asia Pacific  |  Frost Radar

Frost Radar™: Asia-Pacific Electric Vehicle (EV) Battery Swapping Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation That Fuels New Deal Flow and Growth Pipelines

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The electric vehicle (EV) battery swapping market in the Asia-Pacific is moving from the nascent to the growth phase. Battery costs, range anxiety, and lengthy charging process have been cited as among the main barriers hindering the broader adoption of EVs. Battery swapping offers a quicker solution to address range anxiety, where each swap takes ...