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

In 2023, the value added by Japan's electricity, gas, and water supply, as well as sewerage, waste management, and remediation activities stood at a considerable level. The subsequent forecasted values from 2024 to 2028 display a steady annual growth from 17.917 trillion yen to 18.836 trillion yen, reflecting a consistent year-on-year increase. The variations show a stable upward trend, suggesting a resilient sector resistant to immediate downturns. Over a five-year forecast, the compound annual growth rate (CAGR) remains positive, indicating a healthy and expanding industry.

Future trends to watch include technological advancements in resource management, government policies aiming at sustainability, and shifts in consumer behavior concerning energy consumption and environmental practices. Additionally, monitoring global energy prices and Japan's transition towards renewable energy could impact the forecasted growth trajectory.

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