April 15, 2025
Japan Power Tools Market: Precision and Innovation Driving Growth
Market Overview The Japan power tools market is projected to grow from ¥320 billion in 2023 to ¥450 billion by 2030, at a 5.2% CAGR, driven by the country’s advanced manufacturing sector and emphasis on precision engineering. Japan accounts for approximately 15% of the global premium power tools market. Key Market Drivers ✔ Manufacturing Excellence: 30% of tools used in Japan’s…