The market is dominated by domestic suppliers, as imports account for 8.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 81.7% of total demand in 2023. Japan has the second largest market size for motor vehicles and parts regionally, with demand reaching USD452 billion in 2023. Toyota Motor Corp is the largest company in Japan, generating 22.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 43.7% of total production value in 2023. The total number of companies increases in 2023, to 32,264 units. The costs of the industry increase by 25.5% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 2.4% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 30.0% of total production output. With production value of USD476 billion, Japan accounts for 21.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Motor Vehicles and Parts in Japan: ISIC 34. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Motor Vehicles and Parts in Japan: ISIC 34 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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