Japan Electric Vehicle Battery Market Trends, Size, Competitive Analysis and Forecast 2019-2025

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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The market is segmented on the basis of battery type, vehicle type, and propulsion technology. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on propulsion technology the market is sub-segmented into battery electric vehicle, plug-in hybrid electric vehicle. Based on the propulsion type, plug-in hybrid vehicles are anticipated to have considerable market growth during the forecast period. 

A full Report of Japan Electric Vehicle Battery Market is Available at:  https://www.omrglobal.com/industry-reports/japan-electric-vehicle-battery-market

Japan Electric Vehicle Battery Market Segmentation

By Battery Type

  •          NiMH
  •          Li-Ion
  •          Others
  •          by Vehicle Type
  •          Commercial Vehicles
  •          Passenger Cars
  •          Two-Wheelers

By Propulsion Technology

  •          Battery Electric Vehicles
  •          Plug-in Hybrid Electric Vehicle

Company Profiles

  •          Automotive Energy Supply Corp.
  •          Blue Energy Co., Ltd. 
  •          Hitachi, Ltd.
  •          Lithium Energy Japan Corp.
  •          NEC Corp.
  •          Panasonic Corp.
  •          Samsung SDI Co., Ltd. 
  •          Sanyo Electric Co., Ltd. 
  •          Sony Corp.
  •          Toshiba Corp.

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