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Japan Electrical Industry Country Profile 2014

Japan Electrical Industry Country Profile 2014

  • February 2014
  • 48 pages
  • ID: 2027628

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StatPlan Energy forecasts growth in demand for transformer, cable and wire, metering, towers and poles, insulators and spacers & dampers product segments.

A new report "Japan Electrical Industry Country Profile 2014" analyses the current utility market in Japan and concludes the following drivers are encouraging for the sector despite a fragile global economy:
- Some utilities likely to switch on nuclear reactors again, returning the companies to profit
- Japanese determination to maximise the Smart Communications opportunity
- “Abenomics”, the stimulus and fiscal spending measures introduced in 2013 by Prime Minister Shinzo Abe, being regarded as a positive influence in a global recovery that continues to be extremely fragile.

“Japanese electrical goods manufacturers have worked hard at export initiatives in recent years, as economic the impact of Fukushima hit home, taking utilities into the red as they faced escalating fuel costs. In the next few years we anticipate an opportunity to refocus on their home market” said StatPlan director David Dower, “we may be ahead of the game compared to other forecasters, but the key combination of smart communications and a return to nuclear generation offers interesting possibilities in the next five years”.

This report provides detailed assessment of Japanese electrical infrastructure (generation, transmission and distribution), key product demand and background economic factors influencing the sector. This is the first in a series of country reviews to be published over the coming months.

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