Forecast: Value Added of Electricity, Gas, Steam and Air Conditioning Supply in Japan

In 2023, the value added of the electricity, gas, steam, and air conditioning supply sector in Japan was recorded at approximately 8.6 trillion Japanese Yens. From 2024 onwards, the sector shows a steady growth trajectory with the value forecasted to reach 9.3034 trillion yen by 2028. Year-on-year, this reflects a consistent increase of roughly 1.6% to 1.7%. Over the five-year forecast period, the compound annual growth rate (CAGR) stands at approximately 1.53%, indicating moderate growth.

Future trends to monitor include:

  • The impact of regulatory changes or policy shifts towards renewable energies and their effect on market dynamics.
  • Technological advancements in energy efficiency that could influence the sector's value creation.
  • Global energy price fluctuations and their implications on cost structures in Japan's supply chain.

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