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 |
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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 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.
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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