About the Report
The smart grid market in Japan is driven by major factors such as increasing adoption of electric vehicles, rising demand for grid stability during extreme weather conditions and growing consumer expectations for interactive services. Moreover, increasing focus on reducing electricity theft, growth of residential energy management systems and rising investments in smart city infrastructure are also supporting the market growth. In addition, the emergence of smart homes and the development of battery storage technologies indicate a multi-layered growth path for the smart grid sector. Advances in technology are at the core of the evolution of the smart grid market. The development of artificial intelligence (AI), machine learning (ML) and the Internet of Things (IoT) has greatly enhanced grid automation and management capabilities. Market structures in Japan are quite similar to those in Europe but cultural and formal aspects should be considered when entering the Japanese market.
The report shall give EU companies an overview on the market for grid technologies in Japan and business opportunities as well as challenges. The focus is on current trends in Japan’s power market, the electricity grid, the integration of renewable energy sources and the need for smart grids in Japan.
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Publication date: April 2025
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