New Cars in Japan - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickups used predominantly in North America, and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market share data for the New Cars industry applies to motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. therefore where possible, market share data represents sales figures for every brand in that manufacturing group within each country.
- The Japanese new cars market is forecast to generate total revenues of $125.7bn in 2021, representing a compound annual rate of change (CARC) of -1.1% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -1.4% between 2017 and 2021, to reach a total of 4,880.5 thousand units in 2021.
- Demand in the new cars market in Japan has been weakened over the past couple of years. Declining average annual wages and weak GDP growth led many Japanese buyers to hold off on the purchase of new cars until financial stability returned.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Japan
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Japan new cars market with five year forecasts
- What was the size of the Japan new cars market by value in 2021?
- What will be the size of the Japan new cars market in 2026?
- What factors are affecting the strength of competition in the Japan new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan's new cars market?
Companies Mentioned
Toyota Motor Corporation
Suzuki Motor Corporation
Honda Motor Co., Ltd.
Nissan Motor Co., Ltd.
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market share
- 1.7. Market rivalry
- 1.8. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. How are strategic alliances used by the leading companies?
- 7.4. How is new technology opening up competition?
- 7.5. How are leading players progressing in the hybrid and electric cars segment?
- 7.6. What impact is the COVID-19 pandemic having on leading players?
- 8 Company Profiles
- 8.1. Toyota Motor Corporation
- 8.2. Suzuki Motor Corporation
- 8.3. Honda Motor Co., Ltd.
- 8.4. Nissan Motor Co., Ltd.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Japan new cars market value: $ billion, 2017-21(e)
- Table 2: Japan new cars market volume: thousand units, 2017-21(e)
- Table 3: Japan new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Japan new cars market value forecast: $ billion, 2021-26
- Table 5: Japan new cars market volume forecast: thousand units, 2021-26
- Table 6: Japan new cars market share: % share, by volume, 2021(e)
- Table 7: Toyota Motor Corporation: key facts
- Table 8: Toyota Motor Corporation: Annual Financial Ratios
- Table 9: Toyota Motor Corporation: Key Employees
- Table 10: Toyota Motor Corporation: Key Employees Continued
- Table 11: Suzuki Motor Corporation: key facts
- Table 12: Suzuki Motor Corporation: Annual Financial Ratios
- Table 13: Suzuki Motor Corporation: Key Employees
- Table 14: Suzuki Motor Corporation: Key Employees Continued
- Table 15: Honda Motor Co., Ltd.: key facts
- Table 16: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 17: Honda Motor Co., Ltd.: Key Employees
- Table 18: Honda Motor Co., Ltd.: Key Employees Continued
- Table 19: Honda Motor Co., Ltd.: Key Employees Continued
- Table 20: Nissan Motor Co., Ltd.: key facts
- Table 21: Nissan Motor Co., Ltd.: Annual Financial Ratios
- Table 22: Nissan Motor Co., Ltd.: Key Employees
- Table 23: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 24: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 25: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 26: Japan size of population (million), 2017-21
- Table 27: Japan gdp (constant 2005 prices, $ billion), 2017-21
- Table 28: Japan gdp (current prices, $ billion), 2017-21
- Table 29: Japan inflation, 2017-21
- Table 30: Japan consumer price index (absolute), 2017-21
- Table 31: Japan exchange rate, 2016-20
- List of Figures
- Figure 1: Japan new cars market value: $ billion, 2017-21(e)
- Figure 2: Japan new cars market volume: thousand units, 2017-21(e)
- Figure 3: Japan new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Japan new cars market value forecast: $ billion, 2021-26
- Figure 5: Japan new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in Japan, 2021
- Figure 7: Drivers of buyer power in the new cars market in Japan, 2021
- Figure 8: Drivers of supplier power in the new cars market in Japan, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Japan, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Japan, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in Japan, 2021
- Figure 12: Japan new cars market share: % share, by volume, 2021(e)
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