Investing in Japan - Attractive Sectors
Automotive Parts
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- Overview
- Current trends & Keywords: Environment, Safety, Comfort
- Regional Opportunities
- Reference
Overview
Automobile and Automotive Parts Industries: The Position of Japan
The year 2006 was one in which Japan led the world in terms of the number of automobiles produced. Japanese automobile manufacturers produced more than 20 million units worldwide, more than half of which were manufactured in Japan. Moreover, the export rate of domestically produced vehicles exceeded 50%.
The Benefits of Involvement in the Japanese Market for Foreign Automotive Parts Makers
Japanese manufacturers are expanding production on a global scale. This trend offers increased opportunities for collaboration between foreign automotive parts manufacturers and Japanese automobile and automotive parts manufacturers. In addition, more small and medium-sized foreign manufacturers are entering the Japanese market. Also, foreign companies that are forming new business relationships with Japanese automobile manufacturers often require close communication with the engineering facilities of these manufacturers in Japan?regardless of the locations in which they conduct trade?often leading foreign companies to establish a Japan office.
Current Trends & Keywords - Environment; Safety; Comfort
Environment, Safety and Comfort are the Key Areas for Technological Development
Automobiles are an indispensable mode of transportation in our daily lives and business activities, and as such they serve to enrich our lifestyles. Looking toward the achievement of an even more harmonious relationship between society and the automobile, Japan's automakers are proceeding with R&D in collaboration with parts makers, focusing on the achievement of improved environmental performance, safety and comfort.
Regional Opportunities
Expansion into Japan's Regions
Increasingly, foreign companies are moving into regions of Japan outside of Tokyo, where domestic manufacturers have engineering facilities, thereby supporting greater collaboration with these manufacturers.
Reference
Status of Establishments of Foreign Auto Parts Makers in Japan (Revised and updated)
