LONDON--(BUSINESS WIRE)--Technavio has been monitoring the excavator market in Japan and it is poised to grow by USD 657.44 million during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., Kobe Steel Ltd., Komatsu Ltd., Kubota Corp., Liebherr-International AG, Mitsubishi Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., and Yanmar Holdings Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growth of the construction industry has been instrumental in driving the growth of the market. However, the need to comply with stringent emission regulations might hamper market growth.
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Excavator Market in Japan 2020-2024: Segmentation
Excavator Market in Japan is segmented as below:
-
Type
- Crawler Excavator
- Mini Excavator
- Wheeled Excavator
-
Application
- Construction
- Mining
- Utilities
Excavator Market in Japan 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The excavator market in Japan report covers the following areas:
- Excavator Market in Japan Size
- Excavator Market in Japan Trends
- Excavator Market in Japan Industry Analysis
This study identifies the use of energy-efficient solutions as one of the prime reasons driving the Excavator Market growth in Japan during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Excavator Market in Japan 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist excavator market growth in Japan during the next five years
- Estimation of the excavator market size in Japan and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the excavator market in Japan
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of excavator market vendors in Japan
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Construction - Market size and forecast 2019-2024
- Mining - Market size and forecast 2019-2024
- Utilities - Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by Type
- Market segments
- Comparison by Type
- Crawler excavator - Market size and forecast 2019-2024
- Mini excavator - Market size and forecast 2019-2024
- Wheeled excavator - Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Caterpillar Inc.
- Hitachi Construction Machinery Co. Ltd.
- Hyundai Heavy Industries Co. Ltd.
- Kobe Steel Ltd.
- Komatsu Ltd.
- Kubota Corp.
- Liebherr-International AG
- Mitsubishi Heavy Industries Ltd.
- Sumitomo Heavy Industries Ltd.
- Yanmar Holdings Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
