Japan electric car market is forecast to show a growth of more than 14% during the forecast period, 2019-2025. Japan is one of the major oil-importing countries and to reduce oil import bill, the country is expected to significantly promote the electric cars in the country. In April 2018, the government has announced its plan to have all new cars sold in Japan be electric or hybrid vehicles by 2050. As per the International Energy Agency, the country was the second-largest electric vehicle market in Asia-Pacific. However, consecutive three negative years have been witnessed in the electric car market in the country which is one of the major restraints for the growth of the market. In 2019, a decrease of around 17% has been registered as compared to 2018. 

Visit for Global Electric Car Market Report at: https://www.omrglobal.com/industry-reports/electric-car-market 

Japan electric car market is analyzed on the basis of vehicle type, propulsion technology, and battery type. Based on vehicle type, the market is segmented into hatchback, sedan, and SUV. Some of the most common electric cars sold in the country include Nissan Leaf, Toyota Prius PHEV, Mitsubishi Outlander PHEV, BMW 25xe, and BMW 530e. By propulsion technology, the market is further segmented into battery-electric cars, plug-in hybrid electric cars, and fuel cell electric cars. During the forecast period, battery-electric cars are expected to show significant growth in the country. By battery type, the market is further sub-segmented into NiMH, Li-Ion, and others. Li-ion batteries car is expected to cover a major market share during the forecast period. 

Some of the major automakers contributing to the Japan electric car market include Audi AG, BMW AG, General Motors Co., Honda Motor Co., Ltd., Hyundai Motor Co., Mitsubishi Motors Corp., Nissan Motor Co., Tesla, Inc., Toyota Motor Corp., and Volkswagen AG. The market players are considerably contributing to the market growth by adopting various growth strategies including new product launch, merger and acquisition, collaborations with government, and technological advancements to stay competitive in the market. 

Research Methodology

The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.
• Government Websites

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Japan Electric Car Market Research and Analysis by Vehicle Type 
2. Japan Electric Car Market Research and Analysis by Propulsion Technology
3. Japan Electric Car Market Research and Analysis by Battery Type

The Report Covers

• Comprehensive research methodology of the Japan Electric Car 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 Car Market.
• Insights about market determinants which are stimulating the Japan Electric Car Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.