The import volume of Lightning Arresters and Voltage or Surge Limiters of 1 kV and more to Japan shows a decreasing trend from 2024 through 2028. In 2023, imports were higher, and forecasts indicate a continuous decline through the period. From 2024 to 2025, there is a decrease of approximately 10.4%. This trend continues, with a nearly 11.4% drop from 2025 to 2026, reducing further at a similar rate towards 2028. Over the five-year span, the compound annual growth rate (CAGR) highlights an average annual decline of around 10.4% in volume.
Future trends to watch for include changes in Japan’s energy policies and technological advancements that could impact demand for such equipment. Economic conditions and manufacturing innovations could alter import needs, while regulatory shifts towards renewable energy might influence the necessity for surge protectors in new infrastructure projects.
