Forecast: Production of Electricity, Gas and Water Supply; Sewerage, Waste Management and Remediation Activities in Japan

In 2023, Japan's production of electricity, gas, and water supply, along with sewerage, waste management, and remediation activities stood at 36.9 trillion Japanese Yens. The forecast indicates a gradual increase, reaching 38.801 trillion yen by 2028. The expected year-on-year growth from 2024 to 2028 averages around 1% annually. The compound annual growth rate (CAGR) over the five-year period is projected to be approximately 1.5%. These trends demonstrate steady economic growth and increased demand for utility services.

Future trends to watch for include:

  • Technological advancements in energy efficiency and green technology integration.
  • Government policies or incentives promoting renewable energy sources.
  • Changes in consumer behavior towards more sustainable utility consumption.

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