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DUBLIN , March 30, 2022 /PRNewswire/ -- The "Japan Construction Equipment Market - Strategic Assessment & Forecast 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Japan construction equipment market will be valued at USD 27.31 billion to reach a volume of 186,001 units by 2027, growing at a CAGR of 2.88% during the forecast period 2021-2027.
JAPAN CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
Urban engineering projects and building renovations require compact and multi-functional construction equipment that is suitable for small-scale construction projects. Thus, the increasing urban engineering projects will be fueling the demand for backhoe loaders in Japan
Large construction projects such as the redevelopment of Shibuya and Toranomon-Azabudai district leads to the increasing demand for bulldozers in Japan .
The Japanese government is involved in the field investigation of 15,000 sites for landslide disaster prevention. This will drive the demand for rough terrain cranes as they can operate on uneven surfaces.
KEY HIGHLIGHTS IN THE REPORT
The increase in government investments in various infrastructure development projects such as the redevelopment of Shibuya, Taranomon, new Shinagawa station will increase the demand for mobile Cranes and hoists market in Japan .
Factors such as technological advancements in telescopic handlers, technological advances in infrastructure development are leading to the increasing usage of forklift and telescopic handlers in the Japanese construction equipment market
In 2021, Kobelco introduced ICT-enabled construction machinery with a navigation system to cater to the need of high construction and mining projects in the region.
Kobelco introduced ICT-enabled construction machinery with a navigation system that incorporates monitor displays and alerts in the driver's cab and a machine control system that lets the operator undertake complex work operations with easy lever manipulation.
WHY SHOULD YOU BUY THIS REPORT?
This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:
Key Topics Covered: Section 1 - Introduction
Section 2 - The Market Overview
Section 5 - Japan Construction Equipment (Type & Application) 5.1 Japan Construction Equipment Market by Type (Volume & Value) 5.1.1. Earth Moving Equipment
5.2 Japan Construction Equipment Market by Application (Volume & Value)
Section 8 - Report Scope & Definition
For more information about this report visit https://www.researchandmarkets.com/r/6q7q3a
Research and Markets Laura Wood , Senior Manager [email protected]
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