Japan Industry 4.0 Market Size & Outlook, 2023-2030
Japan industry 4.0 market, 2018-2030 (US$M)
Related Markets
Japan industry 4.0 market highlights
- The Japan industry 4.0 market generated a revenue of USD 14,742.5 million in 2023 and is expected to reach USD 55,164.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 20.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Industry 4.0 market data book summary
| Market revenue in 2023 | USD 14,742.5 million |
| Market revenue in 2030 | USD 55,164.4 million |
| Growth rate | 20.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd, Cisco Systems Inc, Cognex Corp, Denso Corp, Emerson Electric Co, Fanuc Corp, GE Aerospace, Honeywell International Inc, Intel Corp, Johnson Controls International PLC, Robert Bosch Engineering & Business Solutions, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Kuka Group |
Other key industry trends
- In terms of revenue, Japan accounted for 8.4% of the global industry 4.0 market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industry 4.0 market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 28,488.2 million by 2030.
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Industry 4.0 Market Scope
Industry 4.0 Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan industry 4.0 market outlook
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 industry 4.0 market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 50.77% in 2023. Horizon Databook has segmented the Japan industry 4.0 market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Industry 4.0 market in Japan has been experiencing steady growth in recent years, driven by the integration of advanced technologies into manufacturing processes. Japan has been a leader in the adoption of Industry 4.0 technologies, with the Japanese government implementing several policies aimed at promoting their adoption, such as the Society 5.0 initiative.
Another factor driving the adoption of Industry 4.0 technologies in Japan is the increasing demand for customized products. With the integration of advanced technologies, businesses are able to produce customized products at a lower cost, thereby meeting the demand for personalized products.
The Japanese government has been investing heavily in the development of advanced technologies such as artificial intelligence, robotics, and the Internet of Things. This investment has enabled Japan to develop a skilled workforce capable of leading the adoption of these technologies in the manufacturing sector.
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Target buyers of Japan industry 4.0 market databook
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Our clientele includes a mix of industry 4.0 market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan industry 4.0 market , including forecasts for subscribers. This country databook contains high-level insights into Japan industry 4.0 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan industry 4.0 market size, by component, 2018-2030 (US$M)
Japan Industry 4.0 Market Outlook Share, 2023 & 2030 (US$M)
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