— Latest update: August 2022 —
The machinery industry encompasses a broad variety of industrial applications for different sectors. Among the subsectors in this industry are the machine tools sector, industrial robot manufacturing, and construction machinery.
After a decline of the industry in recent years due to the impact of Covid-19 aggravated by frictions between China and the US, the Japanese market is very likely to be on a recovery path. Japan ranks among the top production and export countries in the global machinery and equipment industry, especially in the high-end machinery and equipment industry. Decrease in Japan’s total workforce will continue to stir demand for advanced industrial and automated machinery in the future. The current Japanese industry generally trends toward automation, semi-conductor manufacturing machinery, processing machinery using lasers and industrial robots.
International Trade Administration - Japan Robotics Industry, 2020
Japan Machine Tool Builder's Association - Progress of the Japanese Machine Tool Industry, 2021
Market Prospects - Looking at the Japanese Machinery Market from General Machinery, 2020
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