Mobile Hydraulics segment by Type held the highest revenue share of Japan Hydraulics Market -6Wresearch
In 2023, mobile hydraulics led Japan’s hydraulics market revenue, driven by their widespread use in construction, agriculture, and material handling. Infrastructure projects, agricultural mechanization, and advancements in energy-efficient mobile systems contributed to their dominant position and growth.
According to 6Wresearch, the Japan Hydraulics Market is projected to grow at a CAGR of 3.4% from 2024 to 2030. Japan hydraulics market has experienced significant growth in recent years, driven by the expansion of the industrial, automotive, and construction sectors, as well as government initiatives aimed at earthquake-resistant construction and major events like the Tokyo Olympics. Furthermore, Japan's manufacturing sector relies heavily on hydraulic equipment for critical processes such as metal forming, injection molding, and assembly, which has contributed to the increased demand for hydraulic solutions. As of 2024, construction orders in Japan rose by 8.7% in August compared to the previous year. Large-scale projects, including the Linear Chuo Shinkansen (maglev bullet train), disaster prevention efforts, and the maintenance and upgrading of existing infrastructure, are expected to further stimulate demand for hydraulic-powered machinery, driving market growth in the years ahead.
Infrastructure development is a key driver of hydraulics demand in Japan, given the widespread application of hydraulic components across multiple sectors. Hydraulic pumps, cylinders, and control valves are vital for operating construction machinery such as excavators, loaders, cranes, and bulldozers, which are essential for tasks like earthmoving, lifting, and material handling.
According to Suryakant, Senior Research Analyst, 6Wresearch, construction led Japan's hydraulics market by revenue, driven by extensive infrastructure projects, including roads, bridges, and urban development. Increased demand for hydraulic systems in heavy machinery and advanced technologies fueled growth, positioning construction as the top end-user.
Japan Hydraulics Market (2024-2030) report provides an in-depth analysis with 15 figures and 5 tables, covered in 66 pages. The report thoroughly covers market by components, type, and end-user. Japan Hydraulics Market outlook report provides an unbiased and detailed analysis of the on-going Japan Hydraulics Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305