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Excavator Market in Japan 2024-2028

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    Report

  • 140 Pages
  • June 2024
  • Region: Japan
  • TechNavio
  • ID: 5143058
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The excavator market in Japan is forecasted to grow by USD 910.9 million during 2023-2028, accelerating at a CAGR of 4.36% 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 development of healthcare facilities and disaster prevention projects, infrastructure development in Japan, and growth of construction industry.

The excavator market in Japan is segmented as below:

By Type

  • Crawler excavator
  • Mini excavator
  • Wheeled excavator

By Application

  • Construction
  • Mining
  • Utilities

By Geographical Landscape

  • APAC
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, high demand for remote monitoring systems in excavators and growth of 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 in Japan sizing
  • Excavator market in Japan forecast
  • Excavator market in Japan industry analysis
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 AB Volvo, 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, 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 report presents a detailed picture of the market by the 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 the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan: Year-over-year growth 2023-2028 (%)
Data Table on Japan: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Excavator Market in Japan 2018 - 2022
Historic Market Size - Data Table on Excavator Market in Japan 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Crawler excavator - Market size and forecast 2023-2028
Chart on Crawler excavator - Market size and forecast 2023-2028 ($ million)
Data Table on Crawler excavator - Market size and forecast 2023-2028 ($ million)
Chart on Crawler excavator - Year-over-year growth 2023-2028 (%)
Data Table on Crawler excavator - Year-over-year growth 2023-2028 (%)
6.4 Mini excavator - Market size and forecast 2023-2028
Chart on Mini excavator - Market size and forecast 2023-2028 ($ million)
Data Table on Mini excavator - Market size and forecast 2023-2028 ($ million)
Chart on Mini excavator - Year-over-year growth 2023-2028 (%)
Data Table on Mini excavator - Year-over-year growth 2023-2028 (%)
6.5 Wheeled excavator - Market size and forecast 2023-2028
Chart on Wheeled excavator - Market size and forecast 2023-2028 ($ million)
Data Table on Wheeled excavator - Market size and forecast 2023-2028 ($ million)
Chart on Wheeled excavator - Year-over-year growth 2023-2028 (%)
Data Table on Wheeled excavator - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Construction - Market size and forecast 2023-2028
Chart on Construction - Market size and forecast 2023-2028 ($ million)
Data Table on Construction - Market size and forecast 2023-2028 ($ million)
Chart on Construction - Year-over-year growth 2023-2028 (%)
Data Table on Construction - Year-over-year growth 2023-2028 (%)
7.4 Mining - Market size and forecast 2023-2028
Chart on Mining - Market size and forecast 2023-2028 ($ million)
Data Table on Mining - Market size and forecast 2023-2028 ($ million)
Chart on Mining - Year-over-year growth 2023-2028 (%)
Data Table on Mining - Year-over-year growth 2023-2028 (%)
7.5 Utilities - Market size and forecast 2023-2028
Chart on Utilities - Market size and forecast 2023-2028 ($ million)
Data Table on Utilities - Market size and forecast 2023-2028 ($ million)
Chart on Utilities - Year-over-year growth 2023-2028 (%)
Data Table on Utilities - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 AB Volvo
AB Volvo - Overview
AB Volvo - Business segments
AB Volvo - Key news
AB Volvo - Key offerings
AB Volvo - Segment focus
11.4 Caterpillar Inc.
Caterpillar Inc. - Overview
Caterpillar Inc. - Business segments
Caterpillar Inc. - Key news
Caterpillar Inc. - Key offerings
Caterpillar Inc. - Segment focus
11.5 Guangxi Liugong Machinery Co. Ltd.
Guangxi Liugong Machinery Co. Ltd. - Overview
Guangxi Liugong Machinery Co. Ltd. - Product / Service
Guangxi Liugong Machinery Co. Ltd. - Key offerings
11.6 HD Hyundai Co. Ltd.
HD Hyundai Co. Ltd. - Overview
HD Hyundai Co. Ltd. - Business segments
HD Hyundai Co. Ltd. - Key offerings
HD Hyundai Co. Ltd. - Segment focus
11.7 Hitachi Construction Machinery Co. Ltd.
Hitachi Construction Machinery Co. Ltd. - Overview
Hitachi Construction Machinery Co. Ltd. - Product / Service
Hitachi Construction Machinery Co. Ltd. - Key offerings
11.8 J C Bamford Excavators Ltd.
J C Bamford Excavators Ltd. - Overview
J C Bamford Excavators Ltd. - Product / Service
J C Bamford Excavators Ltd. - Key offerings
11.9 KATO WORKS CO. LTD.
KATO WORKS CO. LTD. - Overview
KATO WORKS CO. LTD. - Product / Service
KATO WORKS CO. LTD. - Key offerings
11.10 Kobe Steel Ltd.
Kobe Steel Ltd. - Overview
Kobe Steel Ltd. - Business segments
Kobe Steel Ltd. - Key news
Kobe Steel Ltd. - Key offerings
Kobe Steel Ltd. - Segment focus
11.11 Komatsu Ltd.
Komatsu Ltd. - Overview
Komatsu Ltd. - Business segments
Komatsu Ltd. - Key news
Komatsu Ltd. - Key offerings
Komatsu Ltd. - Segment focus
11.12 Kubota Corp.
Kubota Corp. - Overview
Kubota Corp. - Business segments
Kubota Corp. - Key news
Kubota Corp. - Key offerings
Kubota Corp. - Segment focus
11.13 Liebherr International Deutschland GmbH
Liebherr International Deutschland GmbH - Overview
Liebherr International Deutschland GmbH - Product / Service
Liebherr International Deutschland GmbH - Key news
Liebherr International Deutschland GmbH - Key offerings
11.14 Mitsubishi Heavy Industries Ltd.
Mitsubishi Heavy Industries Ltd. - Overview
Mitsubishi Heavy Industries Ltd. - Business segments
Mitsubishi Heavy Industries Ltd. - Key news
Mitsubishi Heavy Industries Ltd. - Key offerings
Mitsubishi Heavy Industries Ltd. - Segment focus
11.15 Sumitomo Heavy Industries Ltd.
Sumitomo Heavy Industries Ltd. - Overview
Sumitomo Heavy Industries Ltd. - Product / Service
Sumitomo Heavy Industries Ltd. - Key offerings
11.16 Takeuchi Mfg. Co. Ltd
Takeuchi Mfg. Co. Ltd - Overview
Takeuchi Mfg. Co. Ltd - Product / Service
Takeuchi Mfg. Co. Ltd - Key offerings
11.17 Yanmar Holdings Co. Ltd.
Yanmar Holdings Co. Ltd. - Overview
Yanmar Holdings Co. Ltd. - Product / Service
Yanmar Holdings Co. Ltd. - Key news
Yanmar Holdings Co. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
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 Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on Japan: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on Japan: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Excavator Market in Japan 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Type - Market share 2023-2028 (%)
Exhibits 28: Data Table on Type - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Type
Exhibits 30: Data Table on Comparison by Type
Exhibits 31: Chart on Crawler excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Crawler excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Crawler excavator - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Crawler excavator - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Mini excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Mini excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Mini excavator - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Mini excavator - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Wheeled excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Wheeled excavator - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Wheeled excavator - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Wheeled excavator - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Type ($ million)
Exhibits 44: Data Table on Market opportunity by Type ($ million)
Exhibits 45: Chart on Application - Market share 2023-2028 (%)
Exhibits 46: Data Table on Application - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Application
Exhibits 48: Data Table on Comparison by Application
Exhibits 49: Chart on Construction - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Construction - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Construction - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Construction - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Mining - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Mining - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Mining - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Mining - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Utilities - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Utilities - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Utilities - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Utilities - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Application ($ million)
Exhibits 62: Data Table on Market opportunity by Application ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2023 and 2028
Exhibits 65: Overview on criticality of inputs and factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Companies covered
Exhibits 69: Matrix on companies position and classification
Exhibits 70: AB Volvo - Overview
Exhibits 71: AB Volvo - Business segments
Exhibits 72: AB Volvo - Key news
Exhibits 73: AB Volvo - Key offerings
Exhibits 74: AB Volvo - Segment focus
Exhibits 75: Caterpillar Inc. - Overview
Exhibits 76: Caterpillar Inc. - Business segments
Exhibits 77: Caterpillar Inc. - Key news
Exhibits 78: Caterpillar Inc. - Key offerings
Exhibits 79: Caterpillar Inc. - Segment focus
Exhibits 80: Guangxi Liugong Machinery Co. Ltd. - Overview
Exhibits 81: Guangxi Liugong Machinery Co. Ltd. - Product / Service
Exhibits 82: Guangxi Liugong Machinery Co. Ltd. - Key offerings
Exhibits 83: HD Hyundai Co. Ltd. - Overview
Exhibits 84: HD Hyundai Co. Ltd. - Business segments
Exhibits 85: HD Hyundai Co. Ltd. - Key offerings
Exhibits 86: HD Hyundai Co. Ltd. - Segment focus
Exhibits 87: Hitachi Construction Machinery Co. Ltd. - Overview
Exhibits 88: Hitachi Construction Machinery Co. Ltd. - Product / Service
Exhibits 89: Hitachi Construction Machinery Co. Ltd. - Key offerings
Exhibits 90: J C Bamford Excavators Ltd. - Overview
Exhibits 91: J C Bamford Excavators Ltd. - Product / Service
Exhibits 92: J C Bamford Excavators Ltd. - Key offerings
Exhibits 93: KATO WORKS CO. LTD. - Overview
Exhibits 94: KATO WORKS CO. LTD. - Product / Service
Exhibits 95: KATO WORKS CO. LTD. - Key offerings
Exhibits 96: Kobe Steel Ltd. - Overview
Exhibits 97: Kobe Steel Ltd. - Business segments
Exhibits 98: Kobe Steel Ltd. - Key news
Exhibits 99: Kobe Steel Ltd. - Key offerings
Exhibits 100: Kobe Steel Ltd. - Segment focus
Exhibits 101: Komatsu Ltd. - Overview
Exhibits 102: Komatsu Ltd. - Business segments
Exhibits 103: Komatsu Ltd. - Key news
Exhibits 104: Komatsu Ltd. - Key offerings
Exhibits 105: Komatsu Ltd. - Segment focus
Exhibits 106: Kubota Corp. - Overview
Exhibits 107: Kubota Corp. - Business segments
Exhibits 108: Kubota Corp. - Key news
Exhibits 109: Kubota Corp. - Key offerings
Exhibits 110: Kubota Corp. - Segment focus
Exhibits 111: Liebherr International Deutschland GmbH - Overview
Exhibits 112: Liebherr International Deutschland GmbH - Product / Service
Exhibits 113: Liebherr International Deutschland GmbH - Key news
Exhibits 114: Liebherr International Deutschland GmbH - Key offerings
Exhibits 115: Mitsubishi Heavy Industries Ltd. - Overview
Exhibits 116: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibits 117: Mitsubishi Heavy Industries Ltd. - Key news
Exhibits 118: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibits 119: Mitsubishi Heavy Industries Ltd. - Segment focus
Exhibits 120: Sumitomo Heavy Industries Ltd. - Overview
Exhibits 121: Sumitomo Heavy Industries Ltd. - Product / Service
Exhibits 122: Sumitomo Heavy Industries Ltd. - Key offerings
Exhibits 123: Takeuchi Mfg. Co. Ltd - Overview
Exhibits 124: Takeuchi Mfg. Co. Ltd - Product / Service
Exhibits 125: Takeuchi Mfg. Co. Ltd - Key offerings
Exhibits 126: Yanmar Holdings Co. Ltd. - Overview
Exhibits 127: Yanmar Holdings Co. Ltd. - Product / Service
Exhibits 128: Yanmar Holdings Co. Ltd. - Key news
Exhibits 129: Yanmar Holdings Co. Ltd. - Key offerings
Exhibits 130: Inclusions checklist
Exhibits 131: Exclusions checklist
Exhibits 132: Currency conversion rates for US$
Exhibits 133: Research methodology
Exhibits 134: Information sources
Exhibits 135: Data validation
Exhibits 136: Validation techniques employed for market sizing
Exhibits 137: Data synthesis
Exhibits 138: 360 degree market analysis
Exhibits 139: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global excavator market in japan: AB Volvo, 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, 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:

  • AB Volvo
  • 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
  • Yanmar Holdings Co. Ltd.