Japan Commercial Smart Buildings Market was valued at USD 10 Billion in 2022 and is projected to reach USD 15 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
Japan's commercial smart buildings market is experiencing rapid growth, driven by technological advancements and a strong emphasis on sustainability. In 2023, the market generated a revenue of approximately USD 2,460 million and is projected to reach USD 15,290 million by 2030, reflecting a compound annual growth rate (CAGR) of 29.8% from 2024 to 2030.
The Kanto region, encompassing Tokyo, holds the largest market share, accounting for about 40% of the total market. This dominance is attributed to initiatives like the "Tokyo Smart City" project and the proactive involvement of corporations such as Mitsubishi Electric and Hitachi in developing smart building solutions. The Kansai region, including Osaka, follows with a 25% market share, propelled by the "Osaka Smart City Strategy" and collaborations between local universities and tech companies.
Key players in Japan's smart building market include:
ABB Ltd.
BOSCH
Cisco Systems Inc.
Emerson Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
INTEL Corporation
Johnson Controls
LG Electronics Inc.
Schneider Electric SE
Siemens
Legrand
Telit
These companies focus on integrating advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and energy management systems into their offerings. This integration addresses the growing demand for smart buildings that enhance operational efficiency and sustainability.
Industry requirements for smart buildings in Japan include:
Energy Efficiency: Implementing systems that optimize energy consumption, aligning with Japan's goal of carbon neutrality by 2050.
Occupant Comfort: Utilizing smart HVAC and lighting systems to create comfortable environments for occupants.
Safety and Security: Incorporating advanced surveillance and access control systems to ensure safety.
Data Analytics: Employing analytics to monitor building performance and facilitate predictive maintenance.
Japan's commitment to sustainability is further evidenced by the Comprehensive Assessment System for Built Environment Efficiency (CASBEE), a green building certification program. Established by the Japan Sustainable Building Consortium (JSBC), CASBEE evaluates buildings based on environmental performance and is adopted by 24 cities as the standard for their Sustainable Building Reporting System (SBRS) policies.
In my experience, the integration of smart technologies in commercial buildings leads to significant improvements in energy efficiency and occupant satisfaction. For instance, the deployment of 100 Gigabit Fiber Optic Transceivers has been instrumental in enhancing data transmission capabilities, supporting the seamless operation of various smart systems within buildings. This technological advancement not only facilitates real-time monitoring and control but also contributes to the overall sustainability goals by reducing energy consumption.
As Japan continues to innovate in the smart building sector, the collaboration between technology providers, construction companies, and government bodies will be crucial. This synergy ensures that the evolving needs of industries are met, paving the way for a more sustainable and efficient built environment.
Get an In-Depth Research Analysis of the Japan Commercial Smart Buildings Market Size And Forecast [2025-2032]
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ABB
Cisco
IBM
Honeywell
Hitachi
Schneider Electric
Siemens
Johnson Controls
Huawei
Intel
PTC
Legrand
Bosch
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Commercial Smart Buildings Market
Commercial Offices
Retail Spaces
Healthcare Facilities
Educational Institutions
Hospitality Venues
Industrial Buildings
Property Owners
Facility Managers
Construction Companies
Investors
Corporate Tenants
Government Agencies
Building Management Systems (BMS)
Energy Management Solutions
Lighting Control Systems
Security and Access Control Systems
HVAC (Heating, Ventilation, and Air Conditioning)
IoT Devices and Sensors
Software Integration
Hardware Integration
Cloud-Based Solutions
Application Programming Interfaces (APIs)
Data Analytics Platforms
Mobile Applications
Consultation Services
Installation and Integration Services
Maintenance and Support Services
Energy Auditing Services
Training and Development Services
Compliance and Regulatory Services
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Commercial Smart Buildings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Commercial Smart Buildings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Commercial Smart Buildings Market, By Type
6. Japan Commercial Smart Buildings Market, By Application
7. Japan Commercial Smart Buildings Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Commercial Smart Buildings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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