Market revenue in 2023 | USD 67.0 million |
Market revenue in 2030 | USD 1,301.2 million |
Growth rate | 52.8% (CAGR from 2023 to 2030) |
Largest segment | Laser cutting machines |
Fastest growing segment | CNC machines |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Air Compressor, Pump, Power Tools, Ground Power Units, Laser cutting machines, Printing Machines, CNC machines, Material handling system, Packaging Machine, Excavators, Cranes, Turning and milling machines |
Key market players worldwide | Atlas Copco AB ADR, Heidelberger Druckmaschinen AG, Desktop Metal Inc Ordinary Shares - Class A, Siemens AG, Dmg Mori Co Ltd, Hilti Group, Metso Corp, TRUMPF, Kaeser Kompressoren, SMS Group, Arnold Machine Inc., Uteco Converting, Volvo AB Class B, Maschinenfabrik HEID, Sk Laser, Tamturbo |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to equipment as a service market will help companies and investors design strategic landscapes.
Laser cutting machines was the largest segment with a revenue share of 15.52% in 2023. Horizon Databook has segmented the Japan equipment as a service market based on air compressor, pump, power tools, ground power units, laser cutting machines, printing machines, cnc machines, material handling system, packaging machine, excavators, cranes, turning and milling machines covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is a hub for several electronic products. The increasing production of electronic products and the growth of the electronics manufacturing sector in Japan are expected to boost the demand for equipment, such as air compressors, over the forecast period.
To comply with these regulations and ensure efficient environmentally friendly manufacturing processes, businesses may seek innovative and sustainable solutions for their equipment needs, which can be offered by the adoption of equipment as a service model.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan equipment as a service market , including forecasts for subscribers. This country databook contains high-level insights into Japan equipment as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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