Japan Electric Vehicle (EV) Charging Market by Charging Type (Off-Board Top-Down Pantograph, On-Board Bottom-Up Pantograph, and Charging Via Connector), Charging Voltage Level (Level 1 (<3.7 KW), Level 2 (3.7–22 KW), and Level 3 (Above 22 KW)), Charger Type (Slow Charger and Fast Charger), Vehicle Charging (AC, DC, Inductive Charging), Application (Commercial and Residential), Commercial (Commercial Public EV Charging Stations, On-Road Charging and Commercial Private EV Charging Stations), Installation Type (Portable Charger and Fixed Charger), IoT Connectivity (Non-Connected Charging Stations and Smart Connected Charging Stations (Networked)) and Charging Standard (CCS, CHADEMO & GB/T, Type 1/Normal Charging, Tesla Super Charger, Type-2, and Level 3) – Opportunity Analysis and Industry Forecast 2023–2030
Japan Electric Vehicle (EV) Charging Market was valued at USD 334.83 million in 2022, and is predicted to reach USD 3824.2 million by 2030, with a CAGR of 36.0% from 2023 to 2030.
The presence of several prominent companies that are engaged in various strategies such as collaboration and product launch is expected to create ample growth of the market. For instance, in January 2022, Here Technologies and Digital Charging Solutions GmbH entered a strategic collaboration to provide a seamless charging experience for electric vehicles. DCS has expertise in authenticating the charging process, access to charging stations, payment, Booking, and billing services, and more than 280,000 charging points across Europe and Japan.
Additionally, in November 2021, ENECHANGE Ltd announced to offer ENECHANGE EV charging service with the aim of improving the convenience of EV charging and increasing the value of parking spaces across Japan. Through this development, the company plans to work in order to contribute to the expansion of EVs and charging infrastructure.
However, the lack of incentives and concerns about high installation costs are significant obstacles that could impede the growth of the EV charger installation sector. The main barrier is the expensive nature of level 3 and ultra-fast chargers, causing hesitation among potential adopters. Unlike level 1 and level 2 chargers, which can take several hours to fully charge, consumers expect quick refueling times similar to traditional fossil fuel vehicles, usually within 5 to 7 minutes.
Fast chargers capable of charging EVs in under 30 minutes are in high demand. However, the initial cost of level 3 chargers can be a deterrent for those considering transitioning to EVs. Lengthy charging times could interfere with individuals' busy schedules, making the convenience factor a crucial consideration.
On the other hand, the integration of vehicle-to-grid (V2G) charging enables bi-directional exchange of electrical energy between plug-in electric vehicles (EVs) and the power grid. V2G technology allows EVs to store surplus electricity and release it back to the grid, adding value for EV owners and enhancing the functionality of the electrical system.
The development of V2G charging has simplified the charging process for EVs, positioning them as a prominent transportation option. Consequently, the market for charging stations has become crucial in connecting EVs to the grid and facilitating charging.
Manufacturers have a significant opportunity with V2G charging technology, as it is poised to transform the EV industry and shape the future of EV charging. Although there is a substantial upfront cost associated with installing V2G charging stations, the benefits of V2G infrastructure outweigh those of standard smart charging. This anticipated growth in V2G technology presents a promising opportunity for EV connector manufacturers to produce advanced connectors capable of withstanding the electrical demands of V2G systems.
Segment Overview
The Japan Electric Vehicle (EV) Charging market industry is segmented on the basis of charging type, charging voltage level, charger type, IOT connectivity, vehicle charging, application, commercial, installation type, and charging standard.
• By charging type, the market is classified into off-board top-down pantograph, on-board bottom-up pantograph, charging via connector.
• By charging voltage level, the market is segmented into level 1 (<3.7 kw), level 2 (3.7–22 kw), level 3 (above 22 kw).
• By charger type, the market is divided into small charger, fast charger.
• By IOT connectivity, the market is segmented into non-connected charging stations, smart connected charging stations (networked).
• By vehicle charging, the market is divided into AC, DC, inductive charging.
• By application, the market is separated into commercial, residential.
• By commercial, the market is classified into commercial public EV charging stations, commercial private EV charging stations.
• By installation type, the market is divided into portable charging, fixed charging.
• By charging standard, the market is separated into CCS, chademo & GB/T, type 1/normal charging, tesla super charger, type-2, level 3.
Key Market Players
The key players in the Japan Electric Vehicle (EV) Charging market research include companies such as:
KEY PLAYERS
• ABB Ltd.
• ChargePoint, Inc
• Tesla Inc
• Shell Recharge Solutions
• Star Charge
• TELD
• Siemens
• BYD
• EVgo
• Hyundai Motor Company
KEY BENEFITS
• The Japan Electric Vehicle (EV) Charging market report provides a quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the Japan Electric Vehicle (EV) Charging market is provided in the report.
• The competitive analysis of the market players along with their market share in the Japan Electric Vehicle (EV) Charging market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 Japan Electric Vehicle (Ev) Charging Market By Charging Type
- 2.1 Overview
- 2.2 Off-board Top-down Pantograph Market
- 2.3 On-board Bottom-up Pantograph Market
- 2.4 Charging Via Connector Market
- 3 Japan Electric Vehicle (Ev) Charging Market By Charging Voltage Level
- 3.1 Overview
- 3.2 Level 1 (Below 3.7 Kw) Market
- 3.3 Level 2 (3.7-22 Kw) Market
- 3.4 Level 3 (Above 22 Kw) Market
- 4 Japan Electric Vehicle (Ev) Charging Market By Charger Type
- 4.1 Overview
- 4.2 Slow Charger Market
- 4.3 Fast Charger Market
- 5 Japan Electric Vehicle (Ev) Charging Market By Iot Connectivity
- 5.1 Overview
- 5.2 Non-connected Charging Stations Market
- 5.3 Smart Connected Charging Stations (Networked) Market
- 6 Japan Electric Vehicle (Ev) Charging Market By Vehicle Charging
- 6.1 Overview
- 6.2 Ac (Normal Charging) Market
- 6.3 Dc (Super Charging) Market
- 6.4 Inductive Charging Market
- 7 Japan Electric Vehicle (Ev) Charging Market By Application
- 7.1 Overview
- 7.2 Commercial Market
- 7.3 Residential Market
- 8 Japan Electric Vehicle (Ev) Charging Market By Commercial
- 8.1 Overview
- 8.2 Commercial Public Ev Charging Stations Market
- 8.2.1 On-road Charging
- 8.2.2 Parking Spaces
- 8.2.3 Destination Chargers
- 8.3 Commercial Private Ev Charging Stations Market
- 8.3.1 Fleet Charging
- 8.3.2 Captive Charging
- 9 Japan Electric Vehicle (Ev) Charging Market By Installation Type
- 9.1 Overview
- 9.2 Portable Charging Market
- 9.3 Fixed Charging Market
- 9.3.1 Wall Mount
- 9.3.2 Pedestal Mount
- 9.3.3 Ceiling Mount
- 10 Japan Electric Vehicle (Ev) Charging Market By Charging Standard
- 10.1 Overview
- 10.2 Ccs Market
- 10.3 Chademo And Gb/T Market
- 10.4 Type 1/Normal Charging Market
- 10.5 Tesla Super Charger Market
- 10.6 Type-2 Market
- 10.7 Level 3 Market
- 11 Company Profiles
- 11.1 Abb Ltd.
- 11.1.1 Company Overview
- 11.1.2 Company Snapshot
- 11.1.3 Operating Business Segments
- 11.1.4 Product Portfolio
- 11.1.5 Business Performance
- 11.1.6 Business Segments
- 11.1.7 Geographic Segments
- 11.1.8 Key Strategic Moves And Development
- 11.1.9 Primary Market Competitors
- 11.2 Chargepoint, Inc
- 11.2.1 Company Overview
- 11.2.2 Company Snapshot
- 11.2.3 Operating Business Segments
- 11.2.4 Product Portfolio
- 11.2.5 Business Performance
- 11.2.6 Business Segments
- 11.2.7 Geographic Segments
- 11.2.8 Key Strategic Moves And Development
- 11.2.9 Primary Market Competitors
- 11.3 Tesla Inc
- 11.3.1 Company Overview
- 11.3.2 Company Snapshot
- 11.3.3 Operating Business Segments
- 11.3.4 Product Portfolio
- 11.3.5 Business Performance
- 11.3.6 Business Segments
- 11.3.7 Geographic Segments
- 11.3.8 Key Strategic Moves And Development
- 11.3.9 Primary Market Competitors
- 11.4 Shell Recharge Solutions
- 11.4.1 Company Overview
- 11.4.2 Company Snapshot
- 11.4.3 Operating Business Segments
- 11.4.4 Product Portfolio
- 11.4.5 Business Performance
- 11.4.6 Business Segments
- 11.4.7 Geographic Segments
- 11.4.8 Key Strategic Moves And Development
- 11.4.9 Primary Market Competitors
- 11.5 Star Charge
- 11.5.1 Company Overview
- 11.5.2 Company Snapshot
- 11.5.3 Operating Business Segments
- 11.5.4 Product Portfolio
- 11.5.5 Business Performance
- 11.5.6 Business Segments
- 11.5.7 Geographic Segments
- 11.5.8 Key Strategic Moves And Development
- 11.5.9 Primary Market Competitors
- 11.6 Teld
- 11.6.1 Company Overview
- 11.6.2 Company Snapshot
- 11.6.3 Operating Business Segments
- 11.6.4 Product Portfolio
- 11.6.5 Business Performance
- 11.6.6 Business Segments
- 11.6.7 Geographic Segments
- 11.6.8 Key Strategic Moves And Development
- 11.6.9 Primary Market Competitors
- 11.7 Siemens
- 11.7.1 Company Overview
- 11.7.2 Company Snapshot
- 11.7.3 Operating Business Segments
- 11.7.4 Product Portfolio
- 11.7.5 Business Performance
- 11.7.6 Business Segments
- 11.7.7 Geographic Segments
- 11.7.8 Key Strategic Moves And Development
- 11.7.9 Primary Market Competitors
- 11.8 Byd
- 11.8.1 Company Overview
- 11.8.2 Company Snapshot
- 11.8.3 Operating Business Segments
- 11.8.4 Product Portfolio
- 11.8.5 Business Performance
- 11.8.6 Business Segments
- 11.8.7 Geographic Segments
- 11.8.8 Key Strategic Moves And Development
- 11.8.9 Primary Market Competitors
- 11.9 Evgo
- 11.9.1 Company Overview
- 11.9.2 Company Snapshot
- 11.9.3 Operating Business Segments
- 11.9.4 Product Portfolio
- 11.9.5 Business Performance
- 11.9.6 Business Segments
- 11.9.7 Geographic Segments
- 11.9.8 Key Strategic Moves And Development
- 11.9.9 Primary Market Competitors
- 11.10 Hyundai Motor Company
- 11.10.1 Company Overview
- 11.10.2 Company Snapshot
- 11.10.3 Operating Business Segments
- 11.10.4 Product Portfolio
- 11.10.5 Business Performance
- 11.10.6 Business Segments
- 11.10.7 Geographic Segments
- 11.10.8 Key Strategic Moves And Development
- 11.10.9 Primary Market Competitors
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