Press release
Japan Electric Two-Wheeler Market 2020 Growth, COVID Impact, Trends Analysis Report 2026
Japan electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The increasing government subsidies on EVs, and the increasing renewable energy sector are the key factors to make a considerable contribution towards the growth of the electric two-wheeler industry in the country. Japan government plans to have zero emission country by 2050 and want to tighten the emission target for vehicles by 2030.(Get 15% Discount on Buying this Report)
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Moreover, in November 2020, Japan announced a target of carbon neutrality by 2050 to boost the renewable energy sector. Japan’s prime minister Yoshihide Suga's government has pledged to guaranteed to spend $20 billion on green tech and new wind power targets. Apart from it, Japan Climate initiatives (JCI) Group of 92 Japanese companies including Toshiba Corp, Sony Corp, and Nissan Motor Co Ltd, called government to increase its 2030 renewable energy target from 22-24% to 40-50%.
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In the year ended March 2020, 18% renewable energy accounted in country Japan. Japan’s current target of 22-24% is lower than the European countries include Spain’s 74%, Germany's 65% and Italy's 55%. So, the government subsidies for the products and the increasing renewable energy sector in the region is driving the Japan electric two Wheeler market.
Market Coverage
Market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- By Battery Type, By Product Type, By Battery Technology
Region Covered- Japan
Competitive Landscape- Fujikom Corp. Co., Ltd.m, Okinawa Autotech Pvt. Ltd., Panasonic Corp., and Terra Motors Corp.
Japan Electric Two-Wheeler Market Report Segment
By Product Type
Scooter
Motorcycle
By Battery Type
NiMH
Li-ion
Others
By Battery Technology
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicles
Company Profiles
Bridgestone Corp.
Fujikom Corp. Co., Ltd.
Okinawa Autotech Pvt. Ltd.
Panasonic Corp.
Terra Motors Corp.
Yamaha Motor Co. Ltd.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
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.
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