The import value of lightning arresters and voltage or surge limiters of 1 kV or more to Japan is predicted to decline steadily from 2024 to 2028, beginning at 5.3686 million US dollars in 2024 down to 4.9611 million US dollars in 2028. The forecasted data indicates a consistent year-on-year decline, showcasing ongoing reduced demand or increased domestic production capabilities.

In 2023, the import value was higher than the 2024 forecast, emphasizing the downward trend. This trend reflects developments in global market dynamics, technological advancements in Japan, and potentially increased emphasis on local manufacturing.

Future trends to watch for:

The impact of emerging technologies on domestic surge limiter production capacities.
Changes in international trade policies that may affect import tariffs.
The axis of local versus imported manufacturing incentives established by the Japanese government or market conditions.