Japan electric vehicle battery market is estimated to grow at a CAGR of more than 10.0% during the forecast period. The declining price of lithium-ion batteries, rapidly increasing adoption of electric vehicles, and the increasing focus on the development of renewable energy sector are the key factors to make a considerable contribution towards the growth of the electric vehicle battery market in the country. Japan is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of electric vehicles. In 2018, the country has set a target of 15-20% electric vehicle sales in Passenger Light-duty Vehicles (PLDVs) by 2020 and 20-30% by 2030 which is further supporting the deployment of electric vehicles in the country.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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 Vehicle Battery Market Report Segment
By Vehicle Type
- Commercial Vehicles
- Passenger Cars
- Two-Wheelers
By Battery Type
- NiMH
- Li-ion
- Others
By Propulsion Type
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicle
The Report Covers
- Comprehensive research methodology of Japan electric vehicle battery 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 the Japan electric vehicle battery market.
- Insights about market determinants which are stimulating the Japan electric vehicle battery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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