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The Japan electric vehicle charging equipment market is expected to grow at a CAGR of 20.8% between 2024 and 2032.
In Japan, the government is imposing restrictions on the production and sales of internal combustion engine (ICE) cars to meet its EV targets. It aims to install 300000 electric vehicle charging points by the end of 2030 and increase the power output at quick connecting stations to at least 50kWh. This will help in boosting the adoption of electric vehicles across the nation and bring sales at par with countries like the USA and Germany.
Charging stations that were established in the early 2000s in Japan require maintenance and upgradation. Since the average lifespan of a fast-charging station is only 8 years, the old infrastructure is falling short of the requirements of Japanese consumers. This is boosting the Japan electric vehicle charging equipment market growth, especially in those cities which have a high traffic volume.
Various public facilities in Japan, including airports, city halls, large convenience stores, and roadside rest areas, have installed charging stations for EVs that provide direct current to the battery that enables fast charging of vehicles. On the other hand, AC charging, which typically takes more time, is not as widely favoured as DC charging. This is primarily due to the limited capacity of the current supplied to individual households, which hinders quick battery charging.
As per the Japan electric vehicle charging equipment market analysis, automobile companies are shifting their focus towards manufacturing electric vehicles as they guarantee huge commercial returns while promoting sustainable development. This, in turn, is expected to aid the country’s EV charging equipment market.
Global Japan Electric Vehicle Charging Equipment Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Vehicle Type
Market Breakup by Charging Type
Market Breakup by Application
The market players are increasingly focusing on the production of efficient electric vehicle charging equipment and are collaborating with government and private organisations to develop robust EV charging infrastructure.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Vehicle Type |
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Breakup by Charging Type |
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Breakup by Application |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Electric Vehicle Charging Equipment Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Electric Vehicle Charging Equipment Historical Market (2018-2023)
8.3 Asia Pacific Electric Vehicle Charging Equipment Market Forecast (2024-2032)
8.4 Asia Pacific Electric Vehicle Charging Equipment Market Share by Region
8.4.1 China
8.4.2 Japan
8.4.3 Japan
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 Japan Electric Vehicle Charging Equipment Market Overview
9.1 Key Industry Highlights
9.2 Japan Electric Vehicle Charging Equipment Historical Market (2018-2023)
9.3 Japan Electric Vehicle Charging Equipment Market Forecast (2024-2032)
10 Japan Electric Vehicle Charging Equipment Market by Vehicle Type
10.1 Battery Electric Vehicle (BEV)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hybrid Electric Vehicle (HEV)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Plug-In Hybrid Electric Vehicle (PHEV)
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Japan Electric Vehicle Charging Equipment Market by Charging Type
11.1 AC Charging
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 DC Charging
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Japan Electric Vehicle Charging Equipment Market by Application
12.1 Home Charging
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Workplace Charging
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Public Charging
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 ABB Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Tesla Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Siemens AG
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BYD Co. Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Delta Electronics, Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Takaoka Toko Co., Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 AOYAMA Elevator Co. Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Tritium Dcfc Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 dSPACE GmbH
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Electric Vehicle Charging Equipment Market: Key Industry Highlights, 2018 and 2032
2. Japan Electric Vehicle Charging Equipment Market: Key Industry Highlights, 2018 and 2032
3. Japan Electric Vehicle Charging Equipment Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
4. Japan Electric Vehicle Charging Equipment Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
5. Japan Electric Vehicle Charging Equipment Historical Market: Breakup by Charging Type (USD Billion), 2018-2023
6. Japan Electric Vehicle Charging Equipment Market Forecast: Breakup by Charging Type (USD Billion), 2024-2032
7. Japan Electric Vehicle Charging Equipment Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Japan Electric Vehicle Charging Equipment Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Japan Electric Vehicle Charging Equipment Market Structure
The market is estimated to grow at a CAGR of 20.8% between 2024 and 2032.
The major factors driving the market growth include gradual phase out of internal combustion engines, increasing awareness regarding environmental sustainability, and rise in the number of electric vehicles on roads.
The key trends aiding the market expansion include poor EV charging infrastructure, favourable government measures, and technological improvements.
The major vehicle types are battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle.
The different applications considered in the market report are home charging, workplace charging, and public charging.
The major players in the market are AOYAMA Elevator Co. Ltd., Delta Electronics, Inc., Takaoka Toko Co., Ltd., Tritium Dcfc Ltd., dSPACE GmbH, BYD Co. Ltd., Siemens AG, Tesla Inc., ABB Ltd., Others.
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