Key Market Indicators
Vehicle registration in Japan is forecast to reach 4.4 million units by 2026, down 1% from 4.5 million units in 2021. Since 2010, the Japanese market has declined by an average of 2% annually. Vehicle production in Japan is expected to total 9.0 million units in 2026, down 0.4% from 9.1 million units in 2021. Since 2002, Japanese supply has decreased at an average rate of 0.2% per year. In 2021, the U.S. was the world's largest producer of vehicles at 9.1 million units, followed by Japan and India at 4.5 million and 4.4 million units, respectively.
Japan Motor Vehicle Market Data and Forecasts
What is the size of the Japanese Motor Vehicle Market in 2022?
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