Press release
Japan Electric Vehicle Battery Market to 2025, Future Outlook, COVID-19 Impact Analysis, Forecast 2019-2025
Japan electric vehicle (EV) battery market is anticipated to grow at a significant CAGR of 10.0% during the forecast period (2019-2025). According to the International Energy Agency (IEA), in 2019, Japan held only a 2.5% share in the new global electric car sales. Moreover, a downfall of around 28.0% in EV sales is also witnessed in 2020 in the country. The EV sales have decreased to 31,000 in 2020 from 43,000 in 2019. It is due to COVID-19 lockdowns, high cost compared to IC engines, and lack of government support. Batteries form a key part of EV's overall cost, therefore, key car manufacturers are adopting different growth strategies such as mergers & acquisitions, partnerships, and collaboration among others to launch lithium-ion battery production facility in the country.(Get 15% Discount on Buying this Report)
A full report of Japan Electric Vehicle Battery Market is available at: https://www.omrglobal.com/industry-reports/japan-electric-vehicle-battery-market
One of the major partnerships was between Toyota Motor Corp. and Panasonic Corp. In October 2020, both the companies formed a joint venture “Prime Planet Energy” to produce lithium-ion batteries for hybrid cars at a plant in Western Japan by 2022 to meet the expected high demand for EVs in the country. The production line at a Panasonic factory in Tokushima prefecture will have the capacity to produce batteries for around 500,000 vehicles a year. Prime Planet Energy is 51.0% owned by Toyota Motor with Panasonic holding the remaining stake. The venture represents both companies’ drive to become larger global players in an industry that is crucial to the production of affordable EVs.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/japan-electric-vehicle-battery-market
Market Coverage
• The market number available for – 2018-2025
• Base year- 2019
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Battery Type, By Propulsion Type
• Competitive Landscape- Automotive Energy Supply Corp., Hitachi, Ltd., Toshiba Corp., Panasonic Corp., Lithium Energy Japan Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Japan Electric Vehicle Battery Market Report Segment
By Vehicle Type
• Commercial Vehicles
• Passenger Cars
• Two-Wheelers
By Battery Type
• NiMH
• Li-ion
• Others
By Propulsion Type
• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicle
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/japan-electric-vehicle-battery-market
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.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Japan Electric Vehicle Battery Market to 2025, Future Outlook, COVID-19 Impact Analysis, Forecast 2019-2025 here
News-ID: 2241290 • Views: …
More Releases from Orion Market Research
Environment Conservation and Wildlife Organization Market Rising Demand and Grow …
In 2023, the global market for environment, conservation, and wildlife organizations was approximately USD 26.2 billion, and by 2033, it is projected to reach around USD 41.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.0% from 2024 to 2033.
Environment Conservation and Wildlife Organization Market Overview
The environment, conservation, and wildlife organizations market is experiencing steady growth, driven by increasing public awareness of environmental issues and the need for…
Wooden Furniture Market Size Analysis, Competitive Insights, Leading Players and …
In 2023, the global wooden furniture market was valued at approximately USD 235.3 billion, and by 2033, it is projected to reach around USD 327.7 billion, reflecting a compound annual growth rate (CAGR) of approximately 3.4% from 2024 to 2033.
Wooden Furniture Market Overview
The global wooden furniture market is experiencing steady growth, driven by increasing consumer demand for sustainable and aesthetically pleasing home furnishings. Factors such as rising disposable incomes, urbanization,…
Warehouse Management Systems Market Size Analysis, Competitive Insights, Leading …
In 2023, the global Warehouse Management Systems (WMS) market was approximately USD 3.2 billion, and by 2033, it is expected to reach around USD 9.4 billion, reflecting a compound annual growth rate (CAGR) of approximately 11.4% from 2024 to 2033.
Warehouse Management Systems Market Overview
The Warehouse Management Systems (WMS) market is rapidly growing as businesses increasingly seek to optimize their supply chain and inventory management processes. WMS solutions help improve operational…
Space Technology Market Rising Demand and Growth Forecast Through 2033
The global space technology market was valued at approximately USD 443.20 billion in 2023, and is projected to grow to about USD 916.85 billion by 2033, representing a compound annual growth rate (CAGR) of roughly 7.54% during the period from 2024 to 2033.
Space Technology Market Overview
The space technology market is experiencing strong expansion, driven by a surge in satellite innovation, advances in launch systems, and a growing wave of commercial…
More Releases for Corp
Updated 3D Display Market Size 2021-2030 | Major Players- Sony Corp., Panasonic …
Allied Market Research published a report titled, "3D Display Market: Global Opportunity Analysis and Industry Forecast, 2022-2030." According to the reportThe global 3D display market was valued at $76.50 billion in 2020, and is projected to reach $378.55 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.
The 3D Display Market report offers a current market analysis throughout the forecast timeframe. The research report provides an in-depth…
Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027."
The market report provides an all-inclusive analysis of the…
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka.
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment…
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product…
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application.
3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the…
D Television Market 2019: Industry Analysis By Samsung, LG Corp, Sony Corp, Shar …
D Television Market research report gives detailed information of major players like manufacturers, suppliers, distributors, traders, customers, investors and etc. D Television market Report presents a professional and deep analysis on the present state of D Television Market that Includes major types, major applications, Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure,…
