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.

The market is segmented on the basis of Two-Wheeler type, battery type, and battery technology. Based on the product type, the market is sub-segmented into electric scooters and electric motorcycles. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries. Based on battery technology, the market is sub-segmented into battery-electric two-wheelers and plug-in hybrid electric two-wheelers. 

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. 

Research Methodology

The market study of the Japan electric two-wheeler market 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. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis 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. Primary research bringsauthenticity to our reports.

Secondary Sources Include

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

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 Two-Wheeler Market Research and Analysis by Product Type 

2. Japan Electric Two-Wheeler Market Research and Analysis by Battery Type

3. Japan Electric Two-Wheeler Market Research and Analysis by Battery Technology

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.