Excavator Market In Japan 2024-2028
The excavator market in Japan is forecasted to grow by USD 910.9 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the excavator market in Japan provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development of healthcare facilities and disaster prevention projects, infrastructure development in Japan, and growth of construction industry.
Technavio's excavator market in Japan is segmented as below:
By Type
- Crawler excavator
- Mini excavator
- Wheeled excavator
By Application
- Construction
- Mining
- Utilities
By Geographical Landscape
This study identifies the availability of attractive offers and financing options as one of the prime reasons driving the excavator market in Japan growth during the next few years. Also, high demand for remote monitoring systems in excavators and growth of equipment rental business will lead to sizable demand in the market.
The report on the excavator market in Japan covers the following areas:
- Excavator market in Japan sizing
- Excavator market in Japan forecast
- Excavator market in Japan industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading excavator market in Japan vendors that include AB Volvo, Caterpillar Inc., Deere and Co., Doosan Corp., Guangxi Liugong Machinery Co. Ltd., HD Hyundai Co. Ltd., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., KATO WORKS CO. LTD., Kawasaki Heavy Industries Ltd., Kobe Steel Ltd., Komatsu Ltd., Kubota Corp., Liebherr International Deutschland GmbH, Marubeni Corp., Mitsubishi Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., Sunward Intelligent Equipment Group, Takeuchi Mfg. Co. Ltd, and Yanmar Holdings Co. Ltd.. Also, the excavator market in Japan analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.