DUBLIN–(BUSINESS WIRE)–The “Japan Micromobility Market Research Report: By Type, Model, Sharing System – Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
From $39.4 million in 2020, the Japanese micromobility market revenue is expected to witness a 78.7% CAGR during 2021-2030, to reach $11,663.0 million by 2030.
The COVID-19 crisis has affected the Japanese micromobility market positively, especially after the lifting of the lockdown. The fear of infection has forced people to shun mass transit means, such as buses and metros, and opt for shared two-wheelers instead.
Moreover, the policies being implemented by the government and initiatives being taken by the market players to increase the significance of shared mobility during these times are driving the demand for micromobility services in this island nation.
The Japanese micromobility market, based on vehicle type, was led by the e-bikes category in the past. These are some of the cleanest and cost-efficient modes of transport, and they are also widely popular among the youth.
In the coming years, the larger share within the model segment of the Japanese micromobility market will be held by the first- and last-mile bifurcation. To travel between the home or office to mass transit hubs, such as bus stops and metro stations, people either walk or take their personal vehicles.
Some even avail of conventional shared mobility, such as carsharing and ride hailing, which is costly for such short distances. Thus, the rising need for a cheap means of transport for the first and last miles is propelling the demand for micromobility.
The dockless bifurcation is predicted to witness the faster growth in the Japanese micromobility market in the years to come, under segmentation by sharing system. Customers prefer these systems as the latter do not require the two-wheeler to be picked up and dropped off at a particular point. Similarly, market players save money as they are not required to set up dedicated docking stations.
The key drivers for the Japanese market:
Key Topics Covered:
Chapter 1. Research Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
5.1 Total Population
5.2 Passenger Car – Vehicle in Use
Chapter 6. Definition of Market Segments
6.1 By Vehicle Type
6.1.1 E-Scooters
6.1.2 E-Bikes
6.1.3 E-Mopeds
6.1.4 E-Pods
6.1.5 Bikes
6.1.6 Scooters
6.2 By Model
6.2.1 First- and last-mile
6.2.2 Multimodal
6.3 By Sharing System
6.3.1 Station-based
6.3.2 Dockless
Chapter 7. Industry Outlook
7.1 Market Dynamics
7.1.1 Trends
7.1.1.1 Adoption of battery swapping technology for charging micromobility fleets
7.1.1.2 Growing Investments in micromobility market
7.1.2 Drivers
7.1.2.1 Need for decreasing air pollution and transportation cost
7.1.2.2 Need for efficient transportation system for short distances
7.1.2.3 Need for reducing traffic congestion
7.1.2.4 Impact analysis of drivers on market forecast
7.1.3 Restraints
7.1.3.1 Fleet management challenges and limitations
7.1.3.2 Impact analysis of restraints on market forecast
7.1.4 Opportunities
7.1.4.1 Future of micromobility: 5G and autonomous technology
7.2 Impact of COVID-19
7.3 Policy and Regulatory Landscape
Chapter 8. Japan Market Size and Forecast
8.1 Market Size and Forecast
8.1.1 By Vehicle Type
8.1.2 By Model
8.1.3 By Sharing System
8.2 Micromobility TAM
8.2.1 By Vehicle Type
8.2.2 By Model
8.2.3 By Sharing System
Chapter 9. Key Recommendations
9.1 Key Recommendations for Micromobility Service Providers
Chapter 10. Competitive Landscape
10.1 List of Market Players and Their Offerings
10.2 Key Micromobility Players and Funding Status
10.3 Major Manufacturers and Their Product Offerings
10.4 Recent Strategic Developments
10.4.1 Expansions
10.4.2 Collaborations and Partnerships
10.4.3 Investment and Funding
Chapter 11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/bwwhci
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