The market is dominated by foreign suppliers, as imports account for 66.5% of total market size in 2021. B2B drives market demand, with B2B spending representing 100% of total demand in 2021. Japan has the sixth largest market size for industrial process control equipment regionally, with demand reaching USD3.2 billion in 2021. Yokogawa Electric Corp is the largest company in Japan, generating 19.4% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 45.8% of total production value in 2021. The total number of companies increases in 2021, to 241 units. The costs of the industry decrease by 0.8% in 2021, largely driven by declining B2B costs. The industry’s profitability increases and stands at 2.4% of production value in 2021, the 19th highest regionally. The industry’s exports share increases in 2021 to 60.3% of total production output. With production value of USD2.2 billion, Japan accounts for 2.4% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Japan: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in Japan: ISIC 3313 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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