In 2023, the import value of AC generators with an output of 750 kVA and more to Japan stood at 32.232 million USD. The forecast from 2024 to 2028 shows a consistent decline in import values, beginning at 31.678 million USD in 2024 and decreasing annually to reach 29.448 million USD by 2028.

The year-on-year percentage decrease from 2024 to 2028 can be estimated as a gradual decline along with the figures outlined, reflecting persistent downward trends. Over the five-year period, the compound annual growth rate (CAGR) is negative, reflecting an average annual decrease in import value.

Future trends to watch for:

Changes in domestic production capabilities of similar generators could alter import needs.
Developments in renewable energy may impact the demand for large AC generators.
Economic factors, such as exchange rates and policy changes, affecting Japan's import-expense ratio.