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Excavator Market in Japan 2023-2027

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    Report

  • 133 Pages
  • June 2023
  • Region: Japan
  • TechNavio
  • ID: 5143058
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The excavator market in Japan is forecasted to grow by USD 963.34 mn during 2022-2027, accelerating at a CAGR of 4.75% % 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 the development of healthcare facilities and disaster prevention projects, infrastructure development in Japan, and the growth of the construction industry.

The excavator market in Japan is segmented as below:

By Type

  • Crawler excavator
  • Mini excavator
  • Wheeled excavator

By Application

  • Construction
  • Mining
  • Utilities
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, the high demand for remote monitoring systems in excavators and the growth of the 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 sizing in Japan
  • Excavator market forecast in Japan
  • Excavator market industry analysis in Japan
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 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., AB Volvo, 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 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on Japan: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on Japan: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Excavator market in Japan 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on excavator market in Japan 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Application Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 25: Chart on Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type
6.3 Crawler excavator - Market size and forecast 2022-2027
Exhibit 29: Chart on Crawler excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Crawler excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Crawler excavator - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Crawler excavator - Year-over-year growth 2022-2027 (%)
6.4 Mini excavator - Market size and forecast 2022-2027
Exhibit 33: Chart on Mini excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Mini excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Mini excavator - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Mini excavator - Year-over-year growth 2022-2027 (%)
6.5 Wheeled excavator - Market size and forecast 2022-2027
Exhibit 37: Chart on Wheeled excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Wheeled excavator - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Wheeled excavator - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Wheeled excavator - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Type
Exhibit 41: Market opportunity by Type ($ million)
Exhibit 42: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 43: Chart on Application - Market share 2022-2027 (%)
Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application
7.3 Construction - Market size and forecast 2022-2027
Exhibit 47: Chart on Construction - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Construction - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Construction - Year-over-year growth 2022-2027 (%)
7.4 Mining - Market size and forecast 2022-2027
Exhibit 51: Chart on Mining - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Mining - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Mining - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Mining - Year-over-year growth 2022-2027 (%)
7.5 Utilities - Market size and forecast 2022-2027
Exhibit 55: Chart on Utilities - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Utilities - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Utilities - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Utilities - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Application
Exhibit 59: Market opportunity by Application ($ million)
Exhibit 60: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 62: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 63: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 64: Overview on factors of disruption
10.4 Industry risks
Exhibit 65: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 66: Vendors covered
11.2 Market positioning of vendors
Exhibit 67: Matrix on vendor position and classification
11.3 AB Volvo
Exhibit 68: AB Volvo - Overview
Exhibit 69: AB Volvo - Business segments
Exhibit 70: AB Volvo - Key news
Exhibit 71: AB Volvo - Key offerings
Exhibit 72: AB Volvo - Segment focus
11.4 Caterpillar Inc.
Exhibit 73: Caterpillar Inc. - Overview
Exhibit 74: Caterpillar Inc. - Business segments
Exhibit 75: Caterpillar Inc. - Key offerings
Exhibit 76: Caterpillar Inc. - Segment focus
11.5 Guangxi LiuGong Machinery Co. Ltd.
Exhibit 77: Guangxi LiuGong Machinery Co. Ltd. - Overview
Exhibit 78: Guangxi LiuGong Machinery Co. Ltd. - Product/Service
Exhibit 79: Guangxi LiuGong Machinery Co. Ltd. - Key offerings
11.6 HD Hyundai Co. Ltd.
Exhibit 80: HD Hyundai Co. Ltd. - Overview
Exhibit 81: HD Hyundai Co. Ltd. - Business segments
Exhibit 82: HD Hyundai Co. Ltd. - Key news
Exhibit 83: HD Hyundai Co. Ltd. - Key offerings
Exhibit 84: HD Hyundai Co. Ltd. - Segment focus
11.7 Hitachi Construction Machinery Co. Ltd.
Exhibit 85: Hitachi Construction Machinery Co. Ltd. - Overview
Exhibit 86: Hitachi Construction Machinery Co. Ltd. - Product/Service
Exhibit 87: Hitachi Construction Machinery Co. Ltd. - Key offerings
11.8 J C Bamford Excavators Ltd.
Exhibit 88: J C Bamford Excavators Ltd. - Overview
Exhibit 89: J C Bamford Excavators Ltd. - Product/Service
Exhibit 90: J C Bamford Excavators Ltd. - Key offerings
11.9 KATO WORKS CO. LTD.
Exhibit 91: KATO WORKS CO. LTD. - Overview
Exhibit 92: KATO WORKS CO. LTD. - Product/Service
Exhibit 93: KATO WORKS CO. LTD. - Key offerings
11.10 Kobe Steel Ltd.
Exhibit 94: Kobe Steel Ltd. - Overview
Exhibit 95: Kobe Steel Ltd. - Business segments
Exhibit 96: Kobe Steel Ltd. - Key offerings
Exhibit 97: Kobe Steel Ltd. - Segment focus
11.11 Komatsu Ltd.
Exhibit 98: Komatsu Ltd. - Overview
Exhibit 99: Komatsu Ltd. - Business segments
Exhibit 100: Komatsu Ltd. - Key offerings
Exhibit 101: Komatsu Ltd. - Segment focus
11.12 Kubota Corp.
Exhibit 102: Kubota Corp. - Overview
Exhibit 103: Kubota Corp. - Business segments
Exhibit 104: Kubota Corp. - Key news
Exhibit 105: Kubota Corp. - Key offerings
Exhibit 106: Kubota Corp. - Segment focus
11.13 Liebherr International Deutschland GmbH
Exhibit 107: Liebherr International Deutschland GmbH - Overview
Exhibit 108: Liebherr International Deutschland GmbH - Product/Service
Exhibit 109: Liebherr International Deutschland GmbH - Key news
Exhibit 110: Liebherr International Deutschland GmbH - Key offerings
11.14 Mitsubishi Heavy Industries Ltd.
Exhibit 111: Mitsubishi Heavy Industries Ltd. - Overview
Exhibit 112: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibit 113: Mitsubishi Heavy Industries Ltd. - Key news
Exhibit 114: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibit 115: Mitsubishi Heavy Industries Ltd. - Segment focus
11.15 Sumitomo Heavy Industries Ltd.
Exhibit 116: Sumitomo Heavy Industries Ltd. - Overview
Exhibit 117: Sumitomo Heavy Industries Ltd. - Product/Service
Exhibit 118: Sumitomo Heavy Industries Ltd. - Key offerings
11.16 Takeuchi Mfg. Co. Ltd.
Exhibit 119: Takeuchi Mfg. Co. Ltd. - Overview
Exhibit 120: Takeuchi Mfg. Co. Ltd. - Product/Service
Exhibit 121: Takeuchi Mfg. Co. Ltd. - Key offerings
11.17 Yanmar Holdings Co. Ltd.
Exhibit 122: Yanmar Holdings Co. Ltd. - Overview
Exhibit 123: Yanmar Holdings Co. Ltd. - Product/Service
Exhibit 124: Yanmar Holdings Co. Ltd. - Key news
Exhibit 125: Yanmar Holdings Co. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 126: Inclusions checklist
Exhibit 127: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 128: Currency conversion rates for US$
12.4 Research methodology
Exhibit 129: Research methodology
Exhibit 130: Validation techniques employed for market sizing
Exhibit 131: Information sources
12.5 List of abbreviations
Exhibit 132: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 12: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 13: Chart on Japan: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on Japan: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on excavator market in Japan 2017 - 2021 ($ million)
Exhibits 16: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 17: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Type - Market share 2022-2027 (%)
Exhibits 26: Data Table on Type - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Type
Exhibits 28: Data Table on Comparison by Type
Exhibits 29: Chart on Crawler excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 30: Data Table on Crawler excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 31: Chart on Crawler excavator - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Crawler excavator - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Mini excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 34: Data Table on Mini excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Chart on Mini excavator - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Mini excavator - Year-over-year growth 2022-2027 (%)
Exhibits 37: Chart on Wheeled excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 38: Data Table on Wheeled excavator - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Chart on Wheeled excavator - Year-over-year growth 2022-2027 (%)
Exhibits 40: Data Table on Wheeled excavator - Year-over-year growth 2022-2027 (%)
Exhibits 41: Market opportunity by Type ($ million)
Exhibits 42: Data Table on Market opportunity by Type ($ million)
Exhibits 43: Chart on Application - Market share 2022-2027 (%)
Exhibits 44: Data Table on Application - Market share 2022-2027 (%)
Exhibits 45: Chart on Comparison by Application
Exhibits 46: Data Table on Comparison by Application
Exhibits 47: Chart on Construction - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Chart on Construction - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Construction - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on Mining - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on Mining - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on Mining - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Mining - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Utilities - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on Utilities - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on Utilities - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Utilities - Year-over-year growth 2022-2027 (%)
Exhibits 59: Market opportunity by Application ($ million)
Exhibits 60: Data Table on Market opportunity by Application ($ million)
Exhibits 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 62: Impact of drivers and challenges in 2022 and 2027
Exhibits 63: Overview on Criticality of inputs and Factors of differentiation
Exhibits 64: Overview on factors of disruption
Exhibits 65: Impact of key risks on business
Exhibits 66: Vendors covered
Exhibits 67: Matrix on vendor position and classification
Exhibits 68: AB Volvo - Overview
Exhibits 69: AB Volvo - Business segments
Exhibits 70: AB Volvo - Key news
Exhibits 71: AB Volvo - Key offerings
Exhibits 72: AB Volvo - Segment focus
Exhibits 73: Caterpillar Inc. - Overview
Exhibits 74: Caterpillar Inc. - Business segments
Exhibits 75: Caterpillar Inc. - Key offerings
Exhibits 76: Caterpillar Inc. - Segment focus
Exhibits 77: Guangxi LiuGong Machinery Co. Ltd. - Overview
Exhibits 78: Guangxi LiuGong Machinery Co. Ltd. - Product/Service
Exhibits 79: Guangxi LiuGong Machinery Co. Ltd. - Key offerings
Exhibits 80: HD Hyundai Co. Ltd. - Overview
Exhibits 81: HD Hyundai Co. Ltd. - Business segments
Exhibits 82: HD Hyundai Co. Ltd. - Key news
Exhibits 83: HD Hyundai Co. Ltd. - Key offerings
Exhibits 84: HD Hyundai Co. Ltd. - Segment focus
Exhibits 85: Hitachi Construction Machinery Co. Ltd. - Overview
Exhibits 86: Hitachi Construction Machinery Co. Ltd. - Product/Service
Exhibits 87: Hitachi Construction Machinery Co. Ltd. - Key offerings
Exhibits 88: J C Bamford Excavators Ltd. - Overview
Exhibits 89: J C Bamford Excavators Ltd. - Product/Service
Exhibits 90: J C Bamford Excavators Ltd. - Key offerings
Exhibits 91: KATO WORKS CO. LTD. - Overview
Exhibits 92: KATO WORKS CO. LTD. - Product/Service
Exhibits 93: KATO WORKS CO. LTD. - Key offerings
Exhibits 94: Kobe Steel Ltd. - Overview
Exhibits 95: Kobe Steel Ltd. - Business segments
Exhibits 96: Kobe Steel Ltd. - Key offerings
Exhibits 97: Kobe Steel Ltd. - Segment focus
Exhibits 98: Komatsu Ltd. - Overview
Exhibits 99: Komatsu Ltd. - Business segments
Exhibits 100: Komatsu Ltd. - Key offerings
Exhibits 101: Komatsu Ltd. - Segment focus
Exhibits 102: Kubota Corp. - Overview
Exhibits 103: Kubota Corp. - Business segments
Exhibits 104: Kubota Corp. - Key news
Exhibits 105: Kubota Corp. - Key offerings
Exhibits 106: Kubota Corp. - Segment focus
Exhibits 107: Liebherr International Deutschland GmbH - Overview
Exhibits 108: Liebherr International Deutschland GmbH - Product/Service
Exhibits 109: Liebherr International Deutschland GmbH - Key news
Exhibits 110: Liebherr International Deutschland GmbH - Key offerings
Exhibits 111: Mitsubishi Heavy Industries Ltd. - Overview
Exhibits 112: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibits 113: Mitsubishi Heavy Industries Ltd. - Key news
Exhibits 114: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibits 115: Mitsubishi Heavy Industries Ltd. - Segment focus
Exhibits 116: Sumitomo Heavy Industries Ltd. - Overview
Exhibits 117: Sumitomo Heavy Industries Ltd. - Product/Service
Exhibits 118: Sumitomo Heavy Industries Ltd. - Key offerings
Exhibits 119: Takeuchi Mfg. Co. Ltd. - Overview
Exhibits 120: Takeuchi Mfg. Co. Ltd. - Product/Service
Exhibits 121: Takeuchi Mfg. Co. Ltd. - Key offerings
Exhibits 122: Yanmar Holdings Co. Ltd. - Overview
Exhibits 123: Yanmar Holdings Co. Ltd. - Product/Service
Exhibits 124: Yanmar Holdings Co. Ltd. - Key news
Exhibits 125: Yanmar Holdings Co. Ltd. - Key offerings
Exhibits 126: Inclusions checklist
Exhibits 127: Exclusions checklist
Exhibits 128: Currency conversion rates for US$
Exhibits 129: Research methodology
Exhibits 130: Validation techniques employed for market sizing
Exhibits 131: Information sources
Exhibits 132: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the excavator market in Japan: 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., AB Volvo, and Yanmar Holdings Co. Ltd..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is availability of attractive offers and financing options.'

According to the report, one of the major drivers for this market is the development of healthcare facilities and disaster prevention projects.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • AB Volvo
  • Yanmar Holdings Co. Ltd.