Japan Construction Equipment Market Growth, Size, Share, Trends, Manufacturers and Future Scope
Japan Construction Equipment Market Size- By Type, By Power Output, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: MACH2318 | Pages: 1 - 103 | Formats*: |
| Category : Equipment and Machinery | |||
Japan Construction Equipment Market Overview
According to SPER Market Research, the Japan Construction Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Throughout the anticipated period, the market for construction equipment in Japan is anticipated to expand at a consistent CAGR. High market demand is a result of increased government investment in the quickly developing infrastructure in key industries like telecommunication, transportation, and renewable energy as well as cutting-edge innovations in construction equipment. The Japanese construction equipment market is anticipated to have tremendous growth potential as a result of funding being allocated for restoration activities focused on damaged infrastructure facilities and efforts to flourish the tourism industry to strengthen the country's economy. The market demand is anticipated to be fuelled by the expansion of the railway network, the ongoing construction of the Chuo Shinkansen Maglev Rail Line, the development of the Hokuriku Shinkansen from Kanazawa to Tsuruga line, and plans to make these railway lines operational as soon as possible.
The country's efforts to boost connectivity and domestic and international commerce activities through the development of its road and airport infrastructure are anticipated to hasten the expansion of the Japan Construction Equipment market during the next five years. The Ministry of Land, Infrastructure, Transport, and Tourism has raised the tourism budget and supported the nation's commercial construction activities, which depend on the utilization of construction equipment to run smoothly. The government's initiatives to quicken the nation's infrastructure development and the advancement of construction equipment are anticipated to fuel the growth of the Japanese construction equipment market.
Construction equipment is likely to be in high demand across the nation due to continuous urban development projects and consumer migration from rural to urban areas. The development of the shopping and logistics infrastructure, along with the high demand for high-quality healthcare, education, and medical and research facilities, are driving the growth of the construction industry, which is anticipated to have a positive knock-on effect on the market for construction equipment in Japan.
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Impact of COVID-19 on the Japan Construction Equipment Market
The market for construction equipment was significantly constrained by the COVID19 epidemic. The government had to implement lockdowns due to the sudden increase in coronavirus cases, which led to the temporary closure of several enterprises. Large-scale infrastructure construction projects were postponed as a result of global social segregation laws. Due to the lower demand for construction equipment, producers had to stop or scale back their output, which had an effect on the market's revenues.
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Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Power Output, By Application, By End User |
| Regions covered | Chubu, Chugoku, Hokkaido & Tohoku, Kyushu, Others |
| Companies Covered | Caterpillar, Hitachi Construction Machinery, Kobelco Construction Machinery, Komatsu, Liebherr, SANY Group, Sumitomo Heavy Industries, Volvo Construction Equipment |
Target Audience-
- Consultants/consultancies/advisory firms
- Corporate and governments bodies
- Potential new entrants to the market
- Professional landscaping service providers/contractors
- Top-level management personnel of existing operators/vendors
Japan Construction Equipment Market Segmentation:
1. By Type:
- Earth Moving Equipment
- Material Handling Equipment
- Road Construction Equipment
2. By Power Output:
- <100 Hp
- 101 – 200 Hp
- 201 – 400 Hp
- >400 Hp
3. By Application:
- Excavation & Demolition
- Material Handling
- Recycling & Waste Management
- Tunnelling
- Others
4. By End User:
- Construction
- Infrastructure
- Manufacturing
- Oil & Gas
- Others
5. By Region:
- Chubu
- Chugoku
- Hokkaido & Tohoku
- Kyushu
- Others
Key Topics Covered in the Report:
- Size of Japan Construction Equipment Market (FY’2019-FY’2032)
- Overview of Japan Construction Equipment Market
- Segmentation of Japan Construction Equipment Market By Type (Earth Moving Equipment, Material Handling Equipment, Road Construction Equipment)
- Segmentation of Japan Construction Equipment Market By Power Output (<100 Hp, 101 – 200 Hp, 201 – 400 Hp, >400 Hp)
- Segmentation of Japan Construction Equipment Market By Application (Excavation & Demolition, Material Handling, Recycling & Waste Management, Tunneling, Others)
- Segmentation of Japan Construction Equipment Market By End User (Construction, Infrastructure, Manufacturing, Oil & Gas, Other)
- Statistical Snap of Japan Construction Equipment Market
- Japan Construction Equipment Market Growth Analysis
- Problems and Challenges in Japan Construction Equipment Market
- Japan Construction Equipment Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Japan Construction Equipment Market
- Details on Recent Investment in Japan Construction Equipment Market
- Competitive Analysis of Japan Construction Equipment Market
- Major Players in the Japan Construction Equipment Market
- SWOT Analysis of Japan Construction Equipment Market
- Japan Construction Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Japan Construction Equipment Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Japan Construction Equipment Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Construction Equipment Market
7. Japan Construction Equipment Market, By Type, 2019-2032 (USD Million)
7.1 Earth Moving Equipment
7.1.1 Backhoe Loader7.1.2 Excavator
7.1.3 Motor Grader7.1.4 Other Earth Moving Equipment
7.2 Material Handling Equipment
7.2.1 Arial Platforms7.2.2 Crane7.2.3 Forklift7.2.4 Telescopic Handler
7.3 Road Construction Equipment
7.3.1 Asphalt Paver7.3.2 Road Roller
8. Japan Construction Equipment Market, By Power Output, 2019-2032 (USD Million)
8.1 <100 Hp8.2 101 – 200 Hp8.3 201 – 400 Hp8.4 >400 Hp
9. Japan Construction Equipment Market, By Application, 2019-2032 (USD Million)
9.1 Excavation & Demolition9.2 Material Handling9.3 Recycling & Waste Management9.4 Tunnelling9.5 Others
10. Japan Construction Equipment Market, By End User, 2019-2032 (USD Million)
10.1 Construction10.2 Infrastructure10.3 Manufacturing10.4 Oil & Gas10.5 Others
11. Japan Construction Equipment Market, By Region, 2019-2032 (USD Million)
11.1 Japan Construction Equipment Size and Market Share by Region (2019-2025)11.2 Japan Construction Equipment Size and Market Share by Region (2026-2032)11.3 Chubu11.4 Chugoku11.5 Hokkaido & Tohoku11.6 Kyushu11.7 Others
12. Company Profiles
12.1 Caterpillar
12.1.1 Company details12.1.2 Financial outlook12.1.3 Product summary12.1.4 Recent developments
12.2 Hitachi Construction Machinery
12.2.1 Company details12.2.2 Financial outlook12.2.3 Product summary12.2.4 Recent developments
12.3 Kobelco Construction Machinery
12.3.1 Company details12.3.2 Financial outlook12.3.3 Product summary12.3.4 Recent developments
12.4 Komatsu
12.4.1 Company details12.4.2 Financial outlook12.4.3 Product summary12.4.4 Recent developments
12.5 Liebherr
12.5.1 Company details12.5.2 Financial outlook12.5.3 Product summary12.5.4 Recent developments
12.6 SANY Group
12.6.1 Company details12.6.2 Financial outlook12.6.3 Product summary12.6.4 Recent developments
12.7 Sumitomo Heavy Industries
12.7.1 Company details12.7.2 Financial outlook12.7.3 Product summary12.7.4 Recent developments
12.8 Volvo Construction Equipment
12.8.1 Company details12.8.2 Financial outlook12.8.3 Product summary12.8.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Japan Construction Equipment Market size is USD XX billion from 2022 to 2032.
Japan Construction Equipment Market Segment is covered By Type, By Power Output, By Application, By End User.
The Asia-Pacific region is anticipated to have the highest market share in the Japan Construction Equipment Market.
The key players in the market include Companies Covered Caterpillar, Hitachi Construction Machinery, Kobelco Construction Machinery, Komatsu, Liebherr, SANY Group, Sumitomo Heavy Industries, Volvo Construction Equipment.
he Ministry of Land, Infrastructure, Transport, and Tourism has raised the tourism budget and supported the nation's commercial construction activities, which depend on the utilization of construction equipment to run smoothly.
Japan Construction Equipment Market is projected to reach USD XX billion by 2032, growing at a CAGR of XX% during the forecast period.
Japan Construction Equipment Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.
Japan Construction Equipment Market CAGR of XX% during the forecast period.
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