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Overview:
The Japanese market is one of the top three automotive markets. During H1 2023, the Japanese automotive market grew by 27% YoY, yet BEV sales remain low. This report gives an overview of the Japanese automotive market by powertrains (ICE, HEV, MHEV, PHEV, BEV and FCEV) and by OEMs. The study also tries to forecast the picture of the Japanese domestic automotive market by looking into the strategies of the Government of Japan and domestic OEMs like Toyota, Honda, Suzuki, Mazda, Nissan, Subaru etc.
Although EV sales are low, connected car sales are rising. The report also gives an overview of the present and future scenario of connected car sales in Japan till 2030.
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Summary
Published
Oct 21, 2023
Author
Soumen Mandal
Soumen is a Senior Research Analyst who is tracking IoT, Automotive and Telecommunication ecosystem at Counterpoint Technology Market Research. He is interested in IoT applications, connections, components, electric vehicles, connected cars, autonomous vehicles, semiconductors, shared mobility, services and emerging technologies. He started his career as an Energy Analyst with Manikaran Power Ltd. He has experience in working with DISCOMs and SLDCs in Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and MBA in Marketing & Finance.
Abhik Mukherjee
Abhik Mukherjee is a Senior Research Analyst who is tracking Smart Automotive, Electric Vehicles at Counterpoint Technology Market Research.
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