Market Forecast By Vehicle Types (Electric 2-Wheeler, Electric 3-Wheeler, Electric 4-Wheeler (Passenger Car and Light Commercial Vehicle (Goods Carrier)), Electric Bus and Electric Truck), By Charger Types (AC and DC), By DC Charger Connector Types (CHAdeMO, CCS and Others (including Tesla superchargers and GB/T), By DC Charger Power Ratings (40-80 kW, 80-120 kW and 120-200 kW), By Charger End Consumers (Public and Private) And Competitive Landscape.
Product Code: ETC072137 | Publication Date: Mar 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 18 | No. of Tables: 4 |
Japan Electric Vehicle Market report comprehensively covers the market by vehicle types, charger types, DC charger power ratings, and by-charger end consumers. Japan electric vehicle market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Japan Electric Vehicle Market is rising as the Japanese government has been promoting the use of electric vehicles (EVs) through various measures, including tax incentives, subsidies for the purchase and installation of charging infrastructure, and deregulation of charging services. Additionally, the number of public charging stations in Japan has been steadily increasing, and the government has set a target of installing 300,000 charging stations nationwide by 2025. In addition, private companies such as convenience store chains have been installing charging stations at their locations to attract customers. Further, Japanese automakers have been partnering with technology companies to develop new EV technologies and services. For example, Toyota has formed a partnership with Panasonic to develop batteries for EVs, while Honda has partnered with General Motors to develop next-generation EVs.
Japan has been a leader in the development and adoption of hybrid vehicles, which have been popular in the country since the early 2000s. Hybrid vehicles, which combine an internal combustion engine with an electric motor, make up the majority of the electric vehicle market in Japan. Additionally, the Japanese government has implemented various incentives to encourage the adoption of electric vehicles, such as tax breaks, subsidies for purchasing EVs and installing charging infrastructure, and exemptions from certain taxes and fees. Further, Japanese automakers, such as Toyota, Nissan, and Honda, have been leading the way in the development of electric and hybrid vehicles. These companies have partnered with battery manufacturers, such as Panasonic, to produce high-quality batteries for their EVs.
Government efforts to promote next-generation vehicles in Japan would drive the demand for electric vehicles during the forecast period. For instance, by 2050, the Japanese government aims to have 100% of the vehicles produced by Japanese automakers to be electrified, including battery electric vehicles, plug-in hybrid electric vehicles, hybrid electric vehicles, and fuel-cell electric vehicles. Additionally, the electric vehicle market is expected to take a hit amid the Covid-19 pandemic in 2020.
According to 6Wresearch, Japan electric vehicle market size grew at a CAGR of 30.5% during 2020-2025. Electric two-wheelers currently hold the largest share of the electric vehicle market, on account of the growing demand for electric bikes from the elderly and working parents with small children. Under current Japanese laws, electric scooters, also known as e-scooters, must be used on roads and have license plates and riders must have a motorcycle license. According to National Police Agency, electric standup scooters would be allowed on bicycle-only lanes on roads in some parts of the country in a six-month demonstration experiment starting in October 2020. Ease on restrictions for e-scooters would further propel the market.
The 2-wheeler segment dominates the overall Japan Electric Vehicle Market. Further, Toyota plans to deliver 3,700 mobility products for the Tokyo Olympics in 2021, 90% of which would be electrified, using battery-electric, hydrogen-powered, or even gas-electric hybrid technologies. 850 vehicles in the fleet are expected to be battery-electric.
The report provides a detailed analysis of the following market segments:
1. Introduction |
1.1 Market Scope & Segmentation |
1.2 Research Methodology – Sources of Information |
1.3 Robust Forecasting Model |
1.4 Assumptions |
2. Japan Electric Vehicle Market Overview |
2.1. Japan Electric Vehicle Market Overview |
2.2. Japan Electric Vehicle Market Revenues and Volume, 2019-2025F |
2.3. Japan Electric Vehicle Market Revenue Share, By Types |
2.3.1. Japan 2-Wheeler Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
2.3.2. Japan 3-Wheeler Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
2.3.3. Japan 4-Wheeler Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
2.3.4. Japan E-Truck Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
2.3.5. Japan Goods Carrier Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
2.4. Japan 4-Wheeler Electric Vehicle Market Revenues and Volume, 2019-2025F |
2.5. Japan 4-Wheeler Electric Vehicle Market Overview, By Types |
2.5.1. Japan Passenger Car Electric Vehicle Market Revenues and Volume, 2019-2025F |
2.5.1. Japan Light Commercial Electric Vehicle Market Revenues and Volume, 2019-2025F |
2.6. Japan Electric Bus Market Revenues and Volume, 2019-2025F |
3. Japan Electric Vehicle Charging Infrastructure Market Overview |
3.1. Japan Electric Vehicle Charger Market Revenues and Volume, 2019-2025F |
3.2. Japan Electric Vehicle Charger Market Revenue and Volume Share, By Types, 2019 & 2025F |
3.2.1. Japan AC Charger Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
3.2.2. Japan DC Charger Wheeler Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F |
3.3. Japan Electric Vehicle Charger Market Revenues and Volume, By Type 2019-2025F |
3.3.1. Japan AC Charger Electric Vehicle Market Revenues and Volume, 2019 & 2025F |
3.3.2. Japan DC Charger Wheeler Electric Vehicle Market Revenues and Volume, 2019 & 2025F |
3.4. Japan Electric Vehicle Charger Market Volume Share, By End Consumers, 2019 & 2025F |
3.4.1. Japan Public End Consumer Electric Vehicle Charger Market Volume, 2016-2025F |
3.4.1. Japan Private End Consumer Electric Vehicle Charger Market Volume, 2016-2025F |
3.5. Japan DC Charger Market Volume Share, By Connector Types, 2019 & 2025F |
3.5.1. Japan CHAdeMO DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.5.2. Japan CCS DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.5.3. Japan Other DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.6. Japan DC Charger Market Volume Share, By Power Rating, 2019 & 2025F |
3.6.1. Japan 40-80 kW DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.6.2. Japan 80-120 kW DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.6.3. Japan 120-200 kW DC Electric Vehicle Charger Market Volume, 2016-2025F |
3.7. Japan Electric Vehicle High Power Charger Market Volume, 2022F-2025F |
3.8. Japan Electric Vehicle Charging Infrastructure - Ecosystem |
4. Japan Electric Vehicle Charging Infrastructure Competitive Landscape |
4.1. Japan Electric Vehicle Charger Volume, By Company, 2019 |
4.2. Japan Electric Vehicle Charger Market Volume Share, By Company, 2019 |
5. Company Profiles |
6. Disclaimer |
List of Figures |
1. Japan Electric Vehicle Market Revenues and Volume, 2019-2025F ($ Million, Units) |
2. Japan Electric Vehicle Market Revenue Share, By Types, 2019 & 2025F |
3. Japan Electric Vehicle Market Volume Share, By Types, 2019 & 2025F |
4. Japan 4-Wheeler Electric Vehicle Market Revenues and Volume, 2019-2025F ($ Million, Units) |
5. Japan Electric Bus Market Revenues and Volume, 2019-2025F ($ Million, Units) |
6. Japan Electric Trucks Market Revenues and Volume, 2019-2025F ($ Million, Units) |
7. Japan Electric Vehicle Charger Market Revenues and Volume, 2019-2025F ($ Million, Units) |
8. Japan Electric Vehicle Charger Market Revenue Share, By Types, 2019 & 2025F |
9. Japan Electric Vehicle Charger Market Volume Share, By Types, 2019 & 2025F |
10. Japan AC Charger Market Revenues and Volume, 2019-2025F ($ Million, Units) |
11. Japan DC Charger Market Revenues and Volume, 2019-2025F ($ Million, Units) |
12. Japan Electric Vehicle Charger Market Volume Share, By End Consumers, 2019 & 2025F |
13. Japan DC Charger Market Volume Share, By Connector Types, 2019 & 2025F |
14. Japan DC Charger Market Volume Share, By Power Ratings, 2019 & 2025F |
15. Japan Electric Vehicle High Power Charger Market Volume, 2020E-2025F (Units) |
16. Japan Electric Vehicle Charger Market Volume Share, By Company, 2019 |
List of Tables |
1. Japan 4-Wheeler Electric Vehicle Market Revenues, By Types, 2019-2025F ($ Million) |
2. Japan 4-Wheeler Electric Vehicle Market Volume, By Types, 2019-2025F (Units) |
3. Japan Electric Vehicle Charger Market Volume, By End Consumers, 2019-2025F (Units) |
4. Japan DC Charger Market Volume, By Connector Types, 2019-2025F (Units) |
5. Japan DC Charger Market Volume, By Power Ratings, 2019-2025F (Units) |
6. Japan Electric Vehicle Charger Volume, By Company, 2019 |