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Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: France, Italy, United States, South Korea, United Kingdom
The Industrial Robotics market in Japan is experiencing a minimal decline in growth rate, influenced by factors such as increasing automation in the automotive, chemical, electric/electronic, food, metal, and other industries. This is due to a combination of factors, including technological advancements, cost-effectiveness, and improved efficiency in production processes. The country's strong focus on industrial automation and the adoption of advanced robotics technologies are also contributing to the market's steady growth.
Customer preferences: As Japan continues to face an aging population and labor shortage, there is a growing demand for industrial robots to fill in labor gaps and improve efficiency. This trend is further accelerated by the country's culture of precision and perfection, making it a natural fit for robotics technology. Additionally, the rise of e-commerce and the need for faster and more accurate order fulfillment has led to an increased adoption of industrial robots in the logistics and warehousing sectors. These factors, coupled with advancements in artificial intelligence and machine learning, are driving the growth of the industrial robotics market in Japan.
Trends in the market: In Japan, the Industrial robotics market is experiencing a surge in demand for collaborative robots (cobots) due to their ability to work alongside humans, increasing efficiency and safety. Additionally, there is a growing trend towards the integration of artificial intelligence and machine learning technologies in industrial robots, enabling them to perform more complex tasks. This trend is significant as it increases the capabilities of industrial robots and has implications for stakeholders such as manufacturers, who can benefit from improved productivity and cost savings. Furthermore, the adoption of cobots and AI in Japan may also lead to the development of new applications and industries.
Local special circumstances: In Japan, the Industrial robotics market is heavily influenced by the country's aging population and labor shortage in certain industries. This has led to a high demand for automation solutions in manufacturing and logistics, driving the growth of the market. Additionally, Japan's culture of precision and efficiency has fostered the development of advanced robotics technology, making it a leader in the global market. The country's strict safety regulations also play a significant role in shaping the market, as companies must adhere to strict safety standards when implementing robotics in the workplace.
Underlying macroeconomic factors: The growth of the Industrial robotics market in Japan is heavily influenced by macroeconomic factors such as the country's strong technological advancements, supportive regulatory environment, and significant investments in industrial infrastructure. These factors have enabled Japan to become a global leader in the robotics industry, driving market growth and innovation. Additionally, Japan's aging population and increasing demand for automation in various industries are further fueling the demand for industrial robotics in the country.
Data coverage:
The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.Modeling approach / Market size:
Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.Additional notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)