Japan Plug-in Hybrid Cars Market: Industry Analysis, Regional Trends, Share, Outlook and Opportunity Assessment 2017-2025

Japan Plug-in Hybrid Cars Market 2017-2025

Market Overview

In major electric vehicles market, countries such as Japan and Norway on average, electric car sales were more likewise split between battery electric vehicles and plug-in hybrid electric vehicles. Japan has introduced a new policy in 2016 to support successful adoption of electric vehicles. The policy grants greater subsidies as the electric range of the model rises, with the maximum subsidy fixed at USD 7 700. For instance, a Nissan Leaf equipped with 30-kWh battery, the purchase incentive sums to USD 3 000. Battery electric vehicles sales in 2016 amplified by almost 50%, while PHEV sales plunged by 34% due to higher incentives over battery electric vehicles as BEVs are usually equipped with larger batteries and greater electric ranges than PHEVs. Other major factors that enlighten this market progress comprise the introduction of the new Nissan Leaf in 2016, as well as the deleterious influence of allegations of falsifying fuel economy standards of Mitsubishi models. The Japanese government has aspiring goals in terms of number of electric vehicles deployment. Additional to direct subsidies to increase electric vehicles sales of and to improve charging infrastructure, the government is also supporting and strengthening the R&D activities to develop cost effective batteries.

Goldstein Research analyst forecast Japan plug-in hybrid cars market is likely to boom with the emergence of electric vehicles in coming years. Further, the market is anticipated to reach USD 7.1 billion by 2025 at a CAGR of 18.5% over the forecast period owing to favorable government policies and advancement in plug-in hybrid cars technology.

Japan Plug-in Hybrid Cars Market Segmentation

By Major Components

• Internal Combustion Engine
• Electric Motor
• Batteries

Based on the major components, batteries accounted for the largest revenue share as battery still costs up-to 25% of overall plug-in hybrid car price. Further, batteries market will likely to grow at faster pace with growing market for plug-in hybrid cars especially in Western Europe and North America.

By Plug-in Hybrid Cars Type

• Series PHEVs
• Parallel or Blended PHEVs.

Covered In This Japan Plug-in Hybrid Cars Market Report

The report covers the present ground scenario and the future growth prospects of Japan plug-in hybrid cars market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Japan plug-in hybrid cars market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Japan plug-in hybrid cars Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Japan Plug-in Hybrid Cars Market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Japan Plug-in Hybrid Cars Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Japan Plug-in Hybrid Cars Market Report comprises of the following companies as the key players: Daimler AG, General Motors Corporation, Toyota Motor Corporation, Mitsubishi Motors Corporation, BYD Auto Co. Ltd., Volkswagen AG, BMW AG, Honda Motor Co. Ltd., and Hyundai Motor Company.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For a full detailed overview, send us the sample request.

Key questions answered in this Japan Plug-in Hybrid Cars Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for Plug-in Hybrid Cars Market
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the Plug-in Hybrid Cars Market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects