市场调查报告书
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1566326
日本发电机市场评估:依类型、燃料类型、电压、最终用户和地区划分的机会和预测(2018-2032)Japan Generators Market Assessment, By Type, By Fuel Type, By Voltage, By End-user, By Region, Opportunities and Forecast, FY2018-FY2032F |
日本发电机市场规模预计将从2024年的16.1亿美元成长到2032年的24.8亿美元,预测期内年复合成长率为 5.54%。
日本对发电机的需求受到老化电力基础设施和製造业高能源需求的支撑。此外,随着家庭自动化系统和最新家用电器的引进,电力对于家庭变得更加重要,这带动了对中小型家用发电机的需求。
日本也投资其工业和製造业,这些部门需要持续供应电力来维持生产力。汽车、电子、化学和建筑等行业依赖不间断电力,推动了日本发电机市场占有率的成长。
此外,政府政策、技术进步以及 IT 和资料中心产业的成长也推动了日本发电机市场的成长。此外,日本对备灾、永续能源解决方案以及确保住宅和工业部门可靠供电的关注也有望推动发电机市场的趋势。随着日本在确保充足电力供应的同时推动能源转型,各种终端用户对发电机的需求不断增加。
本报告调查了日本发电机市场,提供市场定义和概述、市场规模趋势和预测、各个细分市场和地区的详细分析、行业结构以及影响市场成长的因素分析、案例研究、竞争格局、概况。
Japan generators market is projected to witness a CAGR of 5.54% during the forecast period FY2025-FY2032, growing from USD 1.61 billion in FY2024 to USD 2.48 billion in FY2032. The demand for generators in Japan is supported by aging power infrastructure and high energy demand in the manufacturing sector. Additionally, the adoption of home automation systems and modern appliances has made electricity more critical for households, which drives the demand for small and medium-sized residential generators.
Moreover, the country is engaged in making investments in industrial and manufacturing sectors, which requires a continuous power supply to maintain productivity. Industries such as automotive, electronics, chemical industry, and construction industry are dependent on uninterrupted electricity, driving generators market share in Japan.
Government policies, technological advancements, and the growth of IT and data center sectors are further fueling Japan generators market growth. Furthermore, Japan is focusing on disaster preparedness, sustainable energy solutions, and ensuring a reliable power supply for residential and industrial sectors, which is expected to foster the generators market trends. As the country navigates towards energy transition while ensuring proper power supply, the demand for generators from different end-users is boosted.
High Energy Demand from Industries and Manufacturing Sector to Boost Market Growth
Industrial and manufacturing operations require continuous and reliable power sources to function efficiently. Short-term power outages may result in substantial losses in the manufacturing sector, leading to essential backup power solutions in the manufacturing sectors. Generators are reliable sources of power backup during grid failures and ensure the continuation of production processes without interruptions. Maintaining the continuous flow of energy is critical in industries such as automotive, chemical, and electronics, as downtimes are costly and disruptive.
More often, industrial areas face grid instability, either due to outdated power infrastructure or increased power consumption beyond grid capacity. Voltage fluctuations, power cuts, or blackouts could hamper industrial productivity. Generators automatically maintain the flow of energy in grid failure, ensuring uninterrupted operations and driving the demand for generators in the market.
Diesel, natural gas, and hybrid generators are commonly used to support growing manufacturing facilities on rural sites, which drive the generators market share in the forecast period. The country is moving towards sustainability as large companies are investing in zero-carbon electricity generation.
Thus, continued growth of industrialization and increased energy consumption from advanced technologies are expected to raise the demand significantly in the forecast period. For instance, the Japanese government has announced energy policies aimed at achieving net-zero greenhouse gas (GHG) emissions by 2050 by lowering emissions from the power generation sector, driving the demand for the generators market.
Adoption of Generators in the Residential Sector to Drive Market Demand
Electrical appliances, including smart home systems, heating and cooling appliances, refrigerators, and communication equipment, are used in smart homes. Power outages could impact the proper functioning of electrical appliances. Household generators are a good source of backup power that keeps essential devices running during outages that drive the demand for generators in the residential sector.
The growing frequency of power disruptions, especially in areas prone to severe weather outages, has pushed several homeowners to invest in standby generators as a safeguard against prolonged blackouts. The generators automatically activate during outages, providing uninterrupted power, which makes equipment a popular choice in the country. The adoption of backup power technology in residential areas is significantly driving the demand for generators in the market.
Thus, as the residential sector seeks reliable, convenient, and sustainable power backup solutions, the generators market is expected to grow in the forecast period in Japan.
For instance, in June 2022, Mango Power launched an E series, providing portable, sleek, and efficient solar generators. It has a 3.5 kWh capacity and 3000W maximum output for a well-lit and warm home. Also, due to scalability, it can be fully customized according to the requirements.
Government Regulations and Incentives to Boost Market Growth
Government and higher authorities are providing tax rebates for installing generators operating on natural gas or renewable energy. The benefits attract the residential sector to invest in generators as power backup solutions. The Japanese government has introduced subsidies and financial incentives for the installation of backup power systems at homes, businesses, and public institutions. The incentives make generators more affordable for individuals and aid organizations investing in standby generators.
Japanese remain committed to protecting the environment and reducing greenhouse gas emissions, which has led to strict regulations related to emissions from power equipment. The government is offering tax incentives and subsidies for the procurement of generators that operate on natural gas, hybrid, or renewable energy sources to encourage the use of greener technologies. The government support presents a potential business opportunity for manufacturers to design environmentally friendly, fuel-efficient, and low-emission generators in the market.
Thus, government initiatives to promote green energy and grid resilience create new avenues for the growth of the generators market.
Standby Generators to Dominate Market Share
The standby generators have a high adoption rate, leading the segment to dominate Japan's market. Standby generators assist in mitigating the risks associated with immediate backup power in high-density areas. Generators ensure that essential services remain functional during grid failures. In Japan, the demand for standby generators is high due to the need for disaster preparedness, energy security, and continuous power supply in residential and industrial sectors. Moreover, the upcoming advancements in the design of standby generators are more practical and accessible for a wider range of users, which is contributing to the growing popularity of the generators market. Furthermore, with the rapid growth of industries and manufacturing facilities in Japan has led to increased demand for standby generators.
Moreover, the Japanese government has introduced policies and subsidies to encourage companies, particularly in sectors such as healthcare, manufacturing, and data services, to install standby generators for emergency purposes. This development will create an additional incentive for adopting these systems.
Central Region Leads the Japan Generators Market
The central region dominates the Japan generators market and has the highest market share. The region comprises states which are highly populated. Tokyo is highly reliant on continuous electricity for transportation, communication, and basic infrastructure. The central region hosts several industries, including financial institutions, tech companies, production companies, and global corporate headquarters, which drive the demand for high-power generators in the central region of Japan. Several industries operate around the clock, and even a short power outage could result in significant financial losses and operational disruptions. Generators lower the risks of losses by providing immediate backup power during grid failures. Moreover, the central region experiences typhoons and volcanic eruptions, which may damage power lines and infrastructure, necessitating the use of generators for emergency power supply.
The region is actively shifting towards renewable, reliable power backup solutions to reduce its reliance on imported fossil fuels and nuclear energy. The Japanese government in the central region has set ambitions for emission reduction targets and promoting environmentally friendly technologies. Natural gas or hybrid generator systems are able to meet low-emission standards, which drive their demand in the generators market.
Future Market Scenario (FY2025 - FY2032F)
Push toward smart city development and advanced generator technologies help to shape the future of the generators market.
The rise in industrialization across sectors, such as manufacturing, construction, and healthcare, is expected to drive demand for standby generators in the forecast period.
The demand for hybrid systems generators is becoming popular in manufacturing industries applications.
Government support from regulations, incentives, and subsidies for generators will continue to increase in the forecast period.
Key Players Landscape and Outlook
Key players in Japan generators market are continually developing innovative technologies and working on improvements to meet evolving consumer demands, environmental regulations, and technological advancements. Product launches, acquisition, agreement, collaborations, and developing technologies are projected to increase competition in the fast-paced market. Prominent players, including Yamaha, Honda Motor, and Cummins, are known for their advanced technology and reliable products. The market is driven by increasing demand for backup power solutions, especially in response to natural disasters and aging infrastructure. Key trends include increasing adoption of portable generators and innovations in hybrid and eco-friendly technologies.
For instance, in March 2022, Mitsubishi Heavy Industries (MHI) Group decided to launch a new MGS-R Series of diesel generator sets. The new series of generators serves as a reliable backup power solution for commercial facilities such as shopping malls and office buildings.
In April 2022, Mitsubishi Heavy Industries Marine Machinery and Equipment Co., Ltd (MHI-MME) collaborated with Wartsila Qy to strengthen its business growth in shaft generator system, including battery hybrid system in Japan market.
All segments will be provided for all regions covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.