NEW YORK, May 6, 2021 /PRNewswire/ -- The excavator market size in Japan is set to grow by USD 696.82 million, progressing at a CAGR of almost 4% during 2021-2025. 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 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. Factors such as infrastructure development, the development of healthcare facilities and disaster prevention projects, and the growth of the construction industry will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Excavator Market in Japan 2021-2025: Segmentation
Excavator Market in Japan is segmented as below:
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Excavator Market in Japan 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the excavator market in Japan provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include 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.
The report also covers the following areas:
Infrastructure development is likely to emerge as one of the primary drivers of the market. However, the inability to provide customization options affects customer satisfaction may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the excavator market in japan are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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