Excavator Market in Japan by Type and Application - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR44330
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The excavator market value in Japan is projected to grow by USD 696.82 million at a CAGR of 3.83% during 2021-2025.

This excavator market in Japan research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by type (crawler excavator, mini excavator, and wheeled excavator) and application (construction, mining, and utilities). The excavator market in Japan report also offers information on several market vendors, including 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. among others.

What will the Excavator Market Size in Japan be in 2021?

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Excavator Market in Japan: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the infrastructure development are notably supporting the excavator market growth in Japan. However, one of the foremost factors impeding market growth is the inability to provide customization options affecting customer satisfaction. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This excavator market in Japan analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Excavator Market Vendors in Japan?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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.

 

The excavator market in Japan is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full excavator market in Japan statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

For insights on complete key vendor profiles, download a free sample of the excavator market in Japan forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

What are the Revenue-generating Type Segments in the Excavator Market in Japan?

Excavator-Market-In-Japan-Market-Share-by-Type-2020-2025

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The excavator market in Japan share growth by the crawler excavator segment has been significant. The excavator market in Japan report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the excavator market size in Japan.

 

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What are the Key Factors Covered in this Excavator Market in Japan Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive the excavator market growth in Japan during the next five years
  • Precise estimation of the excavator market size in Japan and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the excavator market in Japan 
  • A thorough 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 

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Excavator Market In Japan Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 696.82 million

Market structure

Fragmented

YoY growth (%)

3.35

Regional analysis

APAC, North America, and Europe

Performing market contribution

Japan at 100%

Key consumer countries

Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The excavator market growth will increase by $657.44 million during 2019-2024.
    The excavator market is expected to grow at a CAGR of 3.56% during 2019-2024.
    Technavio has segmented the excavator market by type (Crawler excavator, Mini excavator, and Wheeled excavator) ,application (Construction, Mining, and Utilities) , and geographic (APAC, North America, and Europe).
    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. are a few of the key vendors in the excavator market.
    APAC will register the highest growth rate of 67.32% among the other regions. Therefore, the excavator market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the excavator market growth are:
    • Growth of construction industry
    • Use of energy-efficient solutions
    The excavator market vendors should focus on grabbing business opportunities from the crawler excavator segment as it accounted for the largest market share in the base year.
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