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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Soumen Mandal
Soumen is a Senior Analyst 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 working with DISCOMs and SLDCs in the Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and an MBA in Marketing & Finance.
Abhik Mukherjee
Abhik Mukherjee is an automotive market analyst and consultant, specializing in the evaluation and assessment of leading automakers’ performance, financial metrics, and strategic approaches. Leveraging his extensive expertise in automotive trend analysis, he delivers in-depth insights, strategic analysis and industry forecasts. Before joining Counterpoint, Abhik served as an academic research analyst and holds both an M.Phil and a Master’s degree in Economics.
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Oct 23, 2023