Japan Operational Technology Market Size & Outlook
Japan operational technology market, 2018-2030 (US$M)
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Japan operational technology market highlights
- The Japan operational technology market generated a revenue of USD 6,400.0 million in 2023 and is expected to reach USD 13,144.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, computer numerical control was the largest revenue generating component in 2023.
- Building Management System is the most lucrative component segment registering the fastest growth during the forecast period.
Operational technology market data book summary
| Market revenue in 2023 | USD 6,400.0 million |
| Market revenue in 2030 | USD 13,144.8 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Computer numerical control |
| Fastest growing segment | Building Management System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supervisory Control and Data Acquisition, Distributed Control System, Manufacturing Execution System Market, Functional Safety, Building Management System, Plant Asset Management, Variable Frequency Drives, Computer Numerical Control |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, GE Aerospace, Hitachi Ltd, Honeywell International Inc, International Business Machines Corp, OMRON Corp, Rockwell Automation Inc, Siemens AG, Schneider Electric SE |
Other key industry trends
- In terms of revenue, Japan accounted for 3.4% of the global operational technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China operational technology 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 12,503.6 million by 2030.
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Operational Technology Market Scope
Operational Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan operational technology 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 operational technology market will help companies and investors design strategic landscapes.
Computer numerical control was the largest segment with a revenue share of 34.29% in 2023. Horizon Databook has segmented the Japan operational technology market based on supervisory control and data acquisition, distributed control system, manufacturing execution system market, functional safety, building management system, plant asset management, variable frequency drives, computer numerical control covering the revenue growth of each sub-segment from 2018 to 2030.
The Japanese government's support for initiatives promoting the integration of advanced technologies benefits the market in several ways. Society 5.0 is Japan's government's vision for a future society driven by advanced technologies, including operational technology, with a focus on integrating physical and virtual spaces, utilizing big data and AI.
Companies such as Toyota Motor Corporation and Mitsubishi Heavy Industries, Ltd. utilize advanced operational technology solutions for automation, data analytics, and predictive maintenance in their manufacturing processes. Toyota uses rocket science principles in designing cars, employing operational technology solutions to enhance aerodynamics and performance.
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Our clientele includes a mix of operational technology market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Japan operational technology market, including forecasts for subscribers. This country databook contains high-level insights into Japan operational technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan operational technology market report size, by component, 2018-2030 (US$M)
Japan Operational Technology Market Share, 2023 & 2030 (US$M)
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