As of 2023, the total internal R&D personnel in the transportation and storage sector in Japan stood at 1.23 thousand (FTE). The projected growth from 2024 to 2028 demonstrates a steady increase with personnel numbers reaching 1.34 thousand by 2028. Year-on-year growth rates are relatively stable at approximately 1.6% from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028. The compound annual growth rate (CAGR) projected over the five-year period from 2023 is approximately 1.72%.
Trends to watch for include:
- Technological advancements driving the need for more specialized R&D personnel.
- Government policies promoting innovation and sustainability in transportation and storage sectors.
- Potential impact of external economic factors on R&D investment.