Japan Electric Vehicle Battery Market Growth, Size, Share, Industry Report and Forecast 2019-2025

Posted May 30, 2020 by mansi3210

Japan Electric Vehicle Battery Market Size, Share & Trends Analysis Report by Battery Type , By Vehicle Type by Propulsion Technology 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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Categories Business , Electronics , Manufacturing
Tags electrical vehicles , market analysis , market forecast , market research
Last Updated May 30, 2020