Japan’s Electric Vehicle Market is estimated to be USD 7.27 Bn in 2023 and is expected to reach USD 13.64 Bn by 2028, growing at a CAGR of 13.42%.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
This Research analyses Japan’s Electric Vehicle Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, This Research has devised suitable strategies for market growth.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
Market Segmentations
Japan’s Electric Vehicle Market is segmented based on Propulsion Type, Vehicle Type, Vehicle Class, Speed, Vehicle Drive Type, and Charging Type.- By Propulsion Type, the market is classified into Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCVE).
- By Vehicle Type, the market is classified into Two-Wheeler, Passenger Car, and Commercial Vehicle.
- By Vehicle Class, the market is classified into Mid-Priced and Luxury.
- By Speed, the market is classified into Less than 100 MPH, 100 to 125 MPH, and More than 125 MPH.
- By Vehicle Drive Type, the market is classified into Front Wheel Drive, Rear Wheel Drive, and All Wheel Drive.
- By Charging Type, the market is classified into Super Charging and Normal Charging.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Honda Motor Company, Ltd., Kia Corp., Lexus, Mazda Motor Corp., Mitsubishi Motors Corp., Nissan Motor Co., Ltd, Sony Group Corp., Subaru Corp., Tesla, Inc, Toyota Motor Corp., etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for Japan’s Electric Vehicle Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.This Research analyses Japan’s Electric Vehicle Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, This Research has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of Japan’s Electric Vehicle Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Favourable Regulatory Frameworks and Additional Incentives to Safeguard EV Sales
4.1.2 Lower Emissions Contribute to Demand for EVs
4.1.3 Development of Private and Semi-Public EV Charging
4.2 Restraints
4.2.1 High Upfront Cost and Charging Infrastructure
4.2.2 Limited Battery Capacity and Concerns Over Battery Safety
4.3 Opportunities
4.3.1 Development in Heavy Duty Vehicles
4.3.2 Research and Development in Electric Vehicles
4.4 Challenges
4.4.1 Lack of Charging Infrastructure
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Japan’s Electric Vehicle Market, By Propulsion Type
6.1 Introduction
6.2 Battery Electric Vehicle (BEV)
6.3 Plug-In Hybrid Electric Vehicle (PHEV)
6.4 Fuel Cell Electric Vehicle (FCVE)
7 Japan’s Electric Vehicle Market, By Vehicle Type
7.1 Introduction
7.2 Two-Wheeler
7.3 Passenger Car
7.4 Commercial Vehicle
8 Japan’s Electric Vehicle Market, By Vehicle Class
8.1 Introduction
8.2 Mid-Priced
8.3 Luxury
9 Japan’s Electric Vehicle Market, By Speed
9.1 Introduction
9.2 Less than 100 MPH
9.3 to 125 MPH
9.4 More than 125 MPH
10 Japan’s Electric Vehicle Market, By Vehicle Drive Type
10.1 Introduction
10.2 Front Wheel Drive
10.3 Rear Wheel Drive
10.4 All Wheel Drive
11 Japan’s Electric Vehicle Market, By Charging Type
11.1 Introduction
11.2 Super Charging
11.3 Normal Charging
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 Honda Motor Company, Ltd.
13.2 Kia Corp.
13.3 Lexus
13.4 Mazda Motor Corp.
13.5 Mitsubishi Motors Corp.
13.6 Nissan Motor Co., Ltd
13.7 Sony Group Corp.
13.8 Subaru Corp.
13.9 Tesla, Inc
13.10 Toyota Motor Corp.
14 Appendix
14.1 Questionnaire
Companies Mentioned
- Honda Motor Company, Ltd.
- Kia Corp.
- Lexus
- Mazda Motor Corp.
- Mitsubishi Motors Corp.
- Nissan Motor Co., Ltd
- Sony Group Corp.
- Subaru Corp.
- Tesla, Inc
- Toyota Motor Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | January 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 7.27 Billion |
| Forecasted Market Value ( USD | $ 13.65 Billion |
| Compound Annual Growth Rate | 13.4% |
| Regions Covered | Japan |
| No. of Companies Mentioned | 10 |
