Excavator Market in Japan Tremendously Grow at a CAGR of 17.87% by Revenue During the Forecast Period 2017-2021
ALBANY, NY, March 27, 2017 : Excavators are used to excavate, discharge, and elevate materials with the help of a bucket fitted to the boom. These are self-propelled machines that move using crawlers or wheels. These heavy construction machineries are highly versatile and can be used for above and below ground-level operations. Some of the main applications of excavators include leveling, trench digging, and well sinking.Technavios analysts forecast the excavator market in Japan to grow at a CAGR of 17.87% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the excavator market in Japan for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of excavators and the number of units produced by the leading vendors like Hitachi Construction Machinery, Komatsu, and Kobelco Construction Machinery.
Technavio's report, Excavator Market in Japan 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Hitachi Construction Machinery
Kobelco Construction Machinery
Komatsu
Market driver
Development of healthcare facilities and disaster prevention projects.
For a full, detailed list, view our report
Market challenge
Stringent emission control regulations.
For a full, detailed list, view our report
Market trend
High demand for remote monitoring systems in excavators.
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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