Market Report on Japan's Smart Robotics Industry
Mar 14, 2018
This market report presents opportunities for foreign companies that are interested in developing smart robots businesses in Japan. The report includes information on the market size, current condition, and potential partners for market entry. A list of major trade fairs and events are also included.
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- Robots can be broadly divided into either industrial robots (handling welding, painting, assembly, transport, etc., at manufacturing sites), and service robots (used for mobility (transportation), medical/nursing/welfare/healthcare, security, cleaning, infrastructure, and so on).
- When it comes to demand for industrial robots, the Japanese market ranks 1st globally by number of robots in operation. Production-wise, around 50% of global robot shipments are manufactured in Japan.
- Demand for service robots in Japan is expected to grow significantly at a CAGR (Compound Annual Growth Rate) of 13.9% over the 20 year period leading up to 2035. Japan also has a strong global presence as a production market, ranking 4th in the world by number of service robot manufacturers.