Japan electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The declining price of lithium-ion batteries, rapidly increasing adoption of Electric Vehicles (EVs), and the increasing renewable energy sector are the key factors to make a considerable contribution towards the growth of the electric two-wheeler market in the country. Japan is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. In 2018, the country had set a target of 15-20% EV sales in Passenger Light-duty Vehicles (PLDVs) by 2020 and 20-30% by 2030, which is further supporting the deployment of electric two-wheelers market in the country.
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Some of the major companies which are contributing to the growth of Japan’s EV battery market include Fujikom Corp. Co., Ltd.m, Okinawa Autotech Pvt. Ltd., Panasonic Corp., Terra Motors Corp.,and others. The market players are considerably contributing to the market growth by adopting various growth strategies such as new product innovations, mergers and acquisitions, joint ventures and so onto stay competitive in the market. In December 2019, Honda had announced to start the sale of its electric scooter Benly e in Japan from April 2020 with the intend to sell around 200 units of the scooter per year in the Japanese market.
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- Market Coverage
- Market number available for – 2024-2020
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Japan Electric Two-Wheeler Market Report Segment
By Product Type
- Scooter
- Motorcycle
By Battery Type
- NiMH
- Li-ion
- Others
By Battery Technology
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicles
The Report Covers
- Comprehensive research methodology of the Japan Electric Two-Wheeler market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting Japan Electric Two-Wheeler market.
- Insights about market determinants which are stimulating the Japan Electric Two-Wheeler market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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