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Japan Plug-in Hybrid Cars Market is Expected to Grow at a CAGR of 18.5% during the Forecast period (2017-2025)
Japan Plug-in Hybrid Cars Market Share, Size, Trends, and Demand
According to Goldstein Research, battery electric vehicles sales in 2016 amplified by almost 50%, while PHEV sales plunged by 34% due to higher incentives over battery electric vehicles as BEVs are usually equipped with larger batteries and greater electric ranges than PHEVs. Other major factors that enlighten this market progress comprise the introduction of the new Nissan Leaf in 2016, as well as the deleterious influence of allegations of falsifying fuel economy standards of Mitsubishi models. Japan Plug-in Hybrid Cars market outlook also includes technological innovations, execution strategy and investment strategies adopted by major market players and regional government in order to expand their business across the country.
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Additional to direct subsidies to increase electric vehicles sales of and to improve charging infrastructure, the government is also supporting and strengthening the R&D activities to develop cost effective batteries.
On the basis of our in-depth analysis, Japan plug-in hybrid cars market can be segmented as follows:
By Major Components
- Internal Combustion Engine
- Electric Motor
By Plug-in Hybrid Cars Type
- Series PHEVs
- Parallel or Blended PHEVs
“Japan Plug-in Hybrid Cars Market Report Outlook 2025” contains detailed overview of the Japan Plug-in Hybrid Cars market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components and by cars type.
Further, for the in-depth analysis, Japan Plug-in Hybrid Cars Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Daimler AG, General Motors Corporation, Toyota Motor Corporation, Mitsubishi Motors Corporation, BYD Auto Co. Ltd., Volkswagen AG. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
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Overall, the report represents the Japan Plug-in Hybrid Cars market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Browse Similar Report: United States Plug-in Hybrid Cars Market
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