Japan electric vehicle charger market is anticipated to grow at a CAGR of over 17.0% during the forecast period, 2019-2025. The country is one of the major markets of electric vehicles across the globe. However, consecutive downfalls in electric vehicle sales have been registered in the country in 2019 and 2020. As per the International Energy Agency, the country has the second-largest infrastructure of electric vehicle charging globally after China. In 2016, the country has more charging points (around 40,000) as compared to petrol stations (35,000). For 2013-15, the government of Japan offered around $1.0 billion for developing charging infrastructure which declined to $63 million in 2016-19 as only a third part of 2013-15 was expended. However, government targets and subsidies are expected to provide significant growth to the market. The government aims to install a fast charger in every 15 km and in a radius of 30 km. Furthermore, a subsidy of up to $47,000 can be availed by the operator. In 2018, around 40% of the global CHAdeMO DC fast chargers were installed in the country mostly at dealerships, stores, and shopping malls. 

Japan electric vehicle charger market is segmented on the basis of ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. By connector type, the market is analyzed into AC connectors and DC connectors. AC connector market is further divided into Type 1, Type 2 and other chargers, whereas the DC connector market is further divided into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate. Some of the common chargers accepted in the country include SAE J1772 Type 1 slow charger and all IEC 62196-3 standards including CCS Combo 1, CHAdeMO.

Major players operating in the market include ABB Ltd., Efacec Electric Mobility, S.A, Engie, Siemens AG, Tesla, Inc., Webasto SE, Ensto, Nippon Charge Service, LLC, and others. The market players are significantly working in the market growth by the adoption of multiple growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market. For instance, in May 2014, Toyota, Nissan Honda, and Mitsubishi jointly established a new company named Nippon Charge Service, LLC, for the promotion of installation of chargers for electric vehicles in the country. 

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.

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 Vehicle Charger Market Research and Analysis by Ownership
2. Japan Electric Vehicle Charger Market Research and Analysis by Charger Type
3. Japan Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

• Comprehensive research methodology of Japan electric vehicle charger 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 vehicle charger market.
• Insights about market determinants that are stimulating Japan electric vehicle charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.