The market is dominated by domestic suppliers, as imports account for 15.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.2% of total demand in 2022. Japan has the second largest market size for electrical equipment for engines and vehicles regionally, with demand reaching USD58.6 billion in 2022. Denso Corp is the largest company in Japan, generating 17.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 32.0% of total production value in 2022. The total number of companies increases in 2022, to 21,224 units. The costs of the industry decrease by 14.9% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.2% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 34.5% of total production output. With production value of USD68.4 billion, Japan accounts for 22.1% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Electrical Equipment for Engines and Vehicles in Japan: ISIC 319. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electrical Equipment for Engines and Vehicles in Japan: ISIC 319 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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