The market is dominated by domestic suppliers, as imports account for 25.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 100% of total demand in 2024. Japan has the third largest market size for machine tools regionally, with demand reaching USD11.6 billion in 2024. Makita Corp is the largest company in Japan, generating 11.3% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 22.3% of total production value in 2024. The total number of companies decreases in 2024, to 3,745 units. The costs of the industry decrease by 15.7% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 16.0% of production value in 2024, the 16th highest regionally. The industry’s exports share increases in 2024 to 44.7% of total production output. With production value of USD12.6 billion, Japan accounts for 5.9% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Machine Tools in Japan: ISIC 2922. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machine Tools in Japan: ISIC 2922 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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