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Consumer electronics industry in Japan - statistics and facts

The Japanese consumer electronics industry experienced rapid economic growth in the 1950s. In the decades that followed, Japan was one of the leading nations both in terms of patent applications for new technologies and the value of exported goods. The technological advancements led to a fast transformation of the most prized status symbols for Japanese citizens, from black-and-white TVs and electric refrigerators in the late 1950s to digital cameras and DVD recorders in the 2000s, to robot vacuums and smartphones in the present day.

Global competition

In the 2000s, the industry fell behind in the global ranking and struggled to maintain its leading role in various areas, such as televisions and PCs. The shift in leadership has become especially apparent in the Japanese smartphone market, which came to be dominated by Apple Inc. The downturn of the industry led to financial constraints for major general electrical manufacturers such as Toshiba Corporation and Sanyo Electric Co., Ltd., which reacted by selling off parts of their consumer electronics related businesses. Sharp Corporation, established in 1912 in Tokyo, became the first large Japanese electronics manufacturer to be acquired by an overseas company when it joined with the Taiwanese electronics company Hon Hai Precision Industry Co., Ltd. (Foxconn Technology Group) in 2016.

Implementing new technologies

While some companies that once were considered large manufacturers of general electronics have shifted their focus to other industries, like the energy sector, other companies, such as Panasonic Corporation, Hitachi, Ltd., and Sony Corporation, continue to generate stable profits from consumer electronics. Some of their recently introduced home appliances are equipped with Internet of Things (IoT) technologies and can be connected to other devices or be controlled remotely via smartphones. Panasonic, for example, extended the home appliances business to ‘smart homes’ under the trade name ‘HomeX’ in 2018. Other manufacturers, such as Hitachi, increasingly promote consumer electronics with integrated Artificial Intelligence (AI) – washing machines with automated load balancing, for instance. Consumer electronics with IoT capabilities and AI can be expected to become increasingly important for the Japanese consumer electronics industry.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Dec 19, 2023

Key insights

Production value of consumer electronic equipment
368.8bn JPY
Leading electronics manufacturer based on total assets
Sony Group
Leading consumer electronic product based on penetration rate
LCD TVs
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Editor’s Picks Current statistics on this topic

Leading electronic goods companies in Japan as of March 2022, based on total assets (in trillion Japanese yen)

Consumer Electronics

Leading Japanese electronic goods makers 2022, based on total assets

Total production value of the electronics industry in Japan from 2014 to 2023 (in trillion Japanese yen)

Consumer Electronics

Production value of the electronics industry Japan 2014-2023

Penetration rate of consumer electronics among people in Japan as of March 2021, by product type

Consumer Electronics

Consumer electronics penetration rate Japan 2021, by product type

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