PUBLISHER: IMARC | PRODUCT CODE: 1554535
PUBLISHER: IMARC | PRODUCT CODE: 1554535
Japan Next Generation Vehicle Market Report by Vehicle Type (Public, Personal, Commercial), Glass Panel Type (Colored, Transparent, Opaque, and Others), Technology (Hybrid, Electric, Intelligent Vehicles, and Others) 2024-2032
The Japan next generation vehicle market size reached US$ 1,000.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,896.4 Million by 2032, exhibiting a growth rate (CAGR) of 12.53% during 2024-2032.
Next generation vehicles refer to environment-friendly automobiles with high fuel performance and zero harmful emissions, including nitrogen oxides and particulate matter. The four major types include electric, hybrid, plug-in hybrid, and fuel cell. Compared to traditional counterparts, next generation vehicles benefit the users by offering low maintenance, efficient running costs, no/less fuel emissions, etc. As a result, these vehicles are widely adopted for public, personal, and commercial applications.
Japan Next Generation Vehicle Market Trends:
The rising adoption of fuel-efficient vehicles coupled with the increasing environmental consciousness towards reducing greenhouse gas (GHG) emissions is primarily driving the Japan next generartion vehicles market. Furthermore, the introduction of favorable government policies encouraging sustainable development and promoting the use of eco-friendly vehicles is also propelling the product demand in the country. In line with this, the growing number of financial incentives by the Japanese government, including tax exemptions, subsidies, low buying costs, etc., for improving the affordability of next-gen automobiles is acting as a significant growth-inducing factor. Additionally, the Government of Japan (GoJ) is emphasizing on advancing electric mobility with high-end vehicle safety systems to provide environmental sustainability, which, in turn, is offering lucrative growth potential for the regional market. Besides this, the continuous replacement of conventional fuel-based public transport fleets with cleaner and safer public vehicles is also augmenting the product demand in Japan. Moreover, a significant decline in the cost of high-capacity Li-ion batteries, which further leads to the lowering of overall vehicle cost, is positively influencing the regional market for next generation vehicles. Additionally, the introduction of smart vehicle technologies, including telematics devices, wireless connectivity, advanced driver-assistance systems (ADAS), GPS, etc., is expected to drive the Japan next generation vehicle market over the forecasted period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Japan next generation vehicle market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on vehicle type, glass panel type and technology.
Breakup by Vehicle Type:
- Public
- Personal
- Commercial
Breakup by Glass Panel Type:
- Colored
- Transparent
- Opaque
- Others
Breakup by Technology:
- Hybrid
- Electric
- Intelligent Vehicles
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Honda Motor Co. Ltd., Mazda Motor Corporation, Mitsubishi Motor Corporation, Nissan Motor Corporation, Suzuki Motor Corporation, Toyota Motor Corporation and Tesla Inc.
Key Questions Answered in This Report:
- How has the Japan next generation vehicle market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan next generation vehicle market?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the glass panel type?
- What is the breakup of the market based on the technology?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Japan next generation vehicle market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Japan Next Generation Vehicle Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Vehicle Type
- 6.1 Public
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Personal
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Commercial
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Glass Panel Type
- 7.1 Colored
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Transparent
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Opaque
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Hybrid
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Electric
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Intelligent Vehicles
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Honda Motor Co. Ltd.
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.1.3 Financials
- 12.3.2 Mazda Motor Corporation
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 Financials
- 12.3.3 Mitsubishi Motor Corporation
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.4 Nissan Motor Corporation
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.5 Suzuki Motor Corporation
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.5.3 Financials
- 12.3.6 Toyota Motor Corporation
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 Financials
- 12.3.7 Tesla Motors
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.7.3 Financials
- 12.3.1 Honda Motor Co. Ltd.
List of Figures
- Figure 1: Japan: Next Generation Vehicle Market: Major Drivers and Challenges
- Figure 2: Japan: Next Generation Vehicle Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Japan: Next Generation Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Japan: Next Generation Vehicle Market: Breakup by Vehicle Type (in %), 2023
- Figure 5: Japan: Next Generation Vehicle Market: Breakup by Glass Panel Type (in %), 2023
- Figure 6: Japan: Next Generation Vehicle Market: Breakup by Technology (in %), 2023
- Figure 7: Japan: Next Generation Vehicle (Public) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Japan: Next Generation Vehicle (Public) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Japan: Next Generation Vehicle (Personal) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Japan: Next Generation Vehicle (Personal) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Japan: Next Generation Vehicle (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Japan: Next Generation Vehicle (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Japan: Next Generation Vehicle (Colored) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Japan: Next Generation Vehicle (Colored) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Japan: Next Generation Vehicle (Transparent) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Japan: Next Generation Vehicle (Transparent) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Japan: Next Generation Vehicle (Opaque) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Japan: Next Generation Vehicle (Opaque) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Japan: Next Generation Vehicle (Other Panel Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Japan: Next Generation Vehicle (Other Panel Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Japan: Next Generation Vehicle (Hybrid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Japan: Next Generation Vehicle (Hybrid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Japan: Next Generation Vehicle (Electric) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Japan: Next Generation Vehicle (Electric) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Japan: Next Generation Vehicle (Intelligent Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Japan: Next Generation Vehicle (Intelligent Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Japan: Next Generation Vehicle (Other Technologies) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Japan: Next Generation Vehicle (Other Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Japan: Next Generation Vehicle Industry: SWOT Analysis
- Figure 30: Japan: Next Generation Vehicle Industry: Value Chain Analysis
- Figure 31: Japan: Next Generation Vehicle Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Japan: Next Generation Vehicle Market: Key Industry Highlights, 2023 and 2032
- Table 2: Japan: Next Generation Vehicle Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
- Table 3: Japan: Next Generation Vehicle Market Forecast: Breakup by Glass Panel Type (in Million US$), 2024-2032
- Table 4: Japan: Next Generation Vehicle Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 5: Japan: Next Generation Vehicle Market: Competitive Structure
- Table 6: Japan: Next Generation Vehicle Market: Key Players
