The building automation system landscape in Japan is expected to expand at a CAGR of 8.10% through 2034. A valuation of US$ 2,500 million is anticipated for the landscape in Japan in 2024. It is estimated that Japan will generate US$ 5,450 million in revenue from building automation system by 2034.
Attributes | Details |
---|---|
Industry Size of Japan | US$ 2,500 million |
Expected Industry Size of Japan in 2024 | US$ 5,450 million |
Forecasted CAGR between 2024 to 2034 | 8.10% |
With the rapid growth of cities and the emergence of sustainable solutions, there is a need for creative approaches to managing waste, traffic flow, security breaches, and municipal surveillance. Increasing efficiency and reducing carbon emissions will drive industry growth through research and development, technological innovation, and initiatives aimed at reducing emissions.
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Building automation can save money by minimizing maintenance costs, reducing energy consumption, and optimizing operations. Building owners and managers like these systems because they can be recouped pretty quick. The demand for building automation systems is likely to increase as awareness of its benefits increases. In order for these technologies to become more mainstream, education and promotion are crucial.
Several technological advancements, such as actuators, sensors, and control systems, have improved the viability and cost-effectiveness of building automation. The Internet of Things (IoT) and smart technologies can be integrated to create a more sophisticated and interconnected system.
HVAC and lighting systems within a building can be controlled in response to occupant occupancy and environmental conditions to optimize energy consumption. Building automation systems can significantly reduce energy consumption in buildings in an age of energy conservation.
Energy efficiency and operational expenses can be reduced with BAS. In addition to optimizing resource use and reducing waste, automated systems can also be financially beneficial for owners and operators of buildings. Optimal environmental conditions are maintained by automation systems, thereby improving occupant comfort.
Buildings can be made more attractive to tenants and users by improving productivity and well-being. Building automation systems may be encouraged or mandated by governments and regulatory bodies in response to concerns over environmental sustainability and energy conservation.
Building automation systems are in high demand due to urbanization and infrastructure development as buildings and facilities seek more energy-efficient, secure, and comfortable solutions. Taking a sustainable approach to energy has been a priority for Japan, like many other countries. The adoption of building automation systems can be driven by energy-efficient regulations or incentives.
Various manufacturing and commercial activities are conducted in Chubu, which is an important economic and industrial hub in Japan. Energy consumption is often reduced and operations are optimized through the use of building automation systems. As businesses strive to remain competitive and improve operational efficiency, advances in building automation technology can stimulate demand.
The demand for building automation systems is affected greatly by government initiatives or incentives to promote smart city development. BAS can help conserve energy and reduce environmental impact because of growing awareness of environmental issues.
The HVAC systems segment is slated to lead building automation system growth. The HVAC industry is expected to have a 31.5% revenue share in 2024. A smart technology offering that enables remote or mobile control of HVAC systems is expanding the automation systems industry. Intelligent HVAC controls minimize the need for human intervention in the operation of HVAC systems.
Through effective regulation of HVAC systems, these controls reduce energy consumption and associated expenses according to building occupancy, temperature, and pressure. Maintenance can be scheduled using predictive maintenance, preventing unplanned downtime by monitoring equipment health. Web-based applications and mobile apps, which facilitate remote monitoring and control of HVAC systems, enhance facility managers' ability to respond effectively and efficiently.
Japan Building Automation System Based on System | HVAC |
---|---|
Industry Share in % | 31.5% |
Commercial applications are expected to lead the industry and are anticipated to have strong growth over the years to come. By the end of the forecast period, it is expected to hold a share of 66.1%. The demand for commercial spaces, such as offices and retail spaces, is expected to increase throughout the forecast period.
Consumer awareness and increased demand for energy-efficient buildings will drive demand for commercial building automation systems. A growing IT business and rising startups present several opportunities for growth in the future. Building automation with remote and centralized control will offer lucrative opportunities in the field of smart buildings and smart construction. With the rise of safety concerns and climatic conditions, coupled with the government's efforts to develop public infrastructures, demand for these services is expected to increase.
Japan Building Automation System Based on Application | Commercial |
---|---|
Industry Share in % | 66.1% |
Technological innovation and reducing carbon footprint is a priority for industry players. With rapid advances, industry players are aware that the adoption of the newest technology is necessary to prevent products from becoming obsolete.Several companies have earned reputable names in the industry. However, there is scope for new entrants in the business. Entities that operate on a local scale are thriving in the industry.
Recent Developments Observed in Japan Building Automation System Business
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Attributes | Details |
---|---|
Estimated Industry Size in 2024 | US$ 2,500 million |
Projected Industry Valuation in 2034 | US$ 5,450 million |
Value-based CAGR 2024 to 2034 | 8.10% |
Historical Analysis of the Building Automation System in Japan | 2019 to 2023 |
Demand Forecast for Building Automation System in Japan | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Building Automation System in Japan, Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers |
Key Cities Analyzed While Studying Opportunities in Building Automation System in Japan | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
Key Companies Profiled | Panasonic Corporation; Mitsubishi Electric Corporation; Hitachi, Ltd.; NEC Corporation; Toshiba Corporation; Honeywell Japan Co., Ltd.; Siemens Japan; Daikin Industries, Ltd.; Yokogawa Electric Corporation; Schneider Electric Japan Holdings Ltd. |
The building automation system ecosystem in Japan is expected to reach US$ 2,500 million by the end of 2024.
Building automation system revenue is expected to reach US$ 5450 million by 2034.
A CAGR of 8.10% is expected between 2024 and 2034 for building automation system in Japan.
HVAC systems are the most preferred type for building automation system in Japan.
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By System
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By System, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By System, 2024 to 2034
5.3.1. Security & Surveillance
5.3.2. HVAC
5.3.3. Lighting Solutions
5.3.4. BEMS (Building Energy Management)
5.4. Y-o-Y Growth Trend Analysis By System, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By System, 2024 to 2034
6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2024 to 2034
6.3.1. Commercial
6.3.2. Residential
6.3.3. Government
6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
7.3.1. Kanto
7.3.2. Chubu
7.3.3. Kinki
7.3.4. Kyushu & Okinawa
7.3.5. Tohoku
7.3.6. Rest of Japan
7.4. Market Attractiveness Analysis By Region
8. Kanto Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By System
8.2.2. By Application
8.3. Market Attractiveness Analysis
8.3.1. By System
8.3.2. By Application
8.4. Key Takeaways
9. Chubu Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By System
9.2.2. By Application
9.3. Market Attractiveness Analysis
9.3.1. By System
9.3.2. By Application
9.4. Key Takeaways
10. Kinki Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By System
10.2.2. By Application
10.3. Market Attractiveness Analysis
10.3.1. By System
10.3.2. By Application
10.4. Key Takeaways
11. Kyushu & Okinawa Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By System
11.2.2. By Application
11.3. Market Attractiveness Analysis
11.3.1. By System
11.3.2. By Application
11.4. Key Takeaways
12. Tohoku Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By System
12.2.2. By Application
12.3. Market Attractiveness Analysis
12.3.1. By System
12.3.2. By Application
12.4. Key Takeaways
13. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By System
13.2.2. By Application
13.3. Market Attractiveness Analysis
13.3.1. By System
13.3.2. By Application
13.4. Key Takeaways
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By System
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. MegaChips Corporation
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Mitsubishi Electric Corporation
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Hitachi
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Nidec Corporation
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Panasonic Corporation
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Yanmar Holdings Co., Ltd.
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Honeywell International
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Beijer Electronics
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. ABB
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Siemens AG
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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