Japan Material Handling Integration Market Size & Outlook
Japan material handling integration market, 2018-2030 (US$M)
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Japan material handling integration market highlights
- The Japan material handling integration market generated a revenue of USD 2,550.0 million in 2023 and is expected to reach USD 5,195.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Material handling integration market data book summary
| Market revenue in 2023 | USD 2,550.0 million |
| Market revenue in 2030 | USD 5,195.3 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| 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 | Daifuku Co Ltd, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Cargotec Oyj ADR, KION GROUP AG, Honeywell International Inc, SSI Schaefer Systems International North America, TGW Logistics Group, Murata Manufacturing Co Ltd, Swisslog, KNAPP AG, Fives, Fortna |
Other key industry trends
- In terms of revenue, Japan accounted for 5.6% of the global material handling integration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China material handling integration market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,195.3 million by 2030.
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Material Handling Integration Market Scope
Material Handling Integration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan material handling integration 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 material handling integration market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 69.41% in 2023. Horizon Databook has segmented the Japan material handling integration market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Material handling integration companies based in Japan include Daifuku Co., Ltd. and Murata Machinery, Ltd., which are among the prominent market players. Japan is one of the major users of automated solutions and a top industrial robot manufacturer.
According to the International Federation of Robotics (IFR), Japan supplied 45% of the industrial robots in 2020. Japanese organizations are focused on using cutting-edge technologies and installing automation to offset the rapidly shrinking workforce.
Moreover, the Japanese government is aiding Small and Mediumsized enterprises (SMEs) to adopt automation systems. Material handling integration systems, for instance, reduce the need for labor and improve the overall efficiency of business operations.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan material handling integration market , including forecasts for subscribers. This country databook contains high-level insights into Japan material handling integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan material handling integration market size, by component, 2018-2030 (US$M)
Japan Material Handling Integration Market Outlook Share, 2023 & 2030 (US$M)
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