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Crane Market in Japan 2015-2019

Crane Market in Japan 2015-2019

About Crane Market

The crane market forms an integral part of the construction equipment market and co-witnesses the market falls. There are broadly three types of cranes: mobile cranes, marine and port cranes, and fixed cranes. Cranes can be categorized as per their load lifting capacity, lift height, and outreach.The crane market in Japan grew by 22.8% year on year in 2014, driven by a rise in infrastructure construction. In December 2014, the government allocated $14 billion for reconstruction of infrastructures that were damaged during the 2011 tsunami and earthquake. This increase in construction activities is expected to increase the contribution of construction output to GDP from 9.68% in 2014 to 9.99% in 2019. Also, Tokyo being the host of 2020 Olympics will result in revamping and renovation of the existing infrastructure and development of new ones, which will lead to the growth of crane market in the country.

Technavio's analysts forecast the crane market in Japan to grow at a CAGR of 23.06% over the period 2014-2019.

Covered in this Report

In this report, Technavio covers the present and future market scenarios of the crane market in Japan for 2015-2019. The market size has been calculated based on unit sales of crane in Japan and excludes that generated from the sales of used equipment, contracts, and maintenance. The performance of the market has been presented on the basis of the CAGR derived from an analysis of present market conditions.

Technavio's report, Crane Market in Japan 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in 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
  • Tadano
Other Prominent Vendors
  • Furukawa UNIC
  • IHI Construction Machinery
  • KATO Works
Key Questions Answered in this Report
  • What will the market size be in 2019 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?


Press Release

Technavio Announces the Publication of its Research Report – Crane Market in Japan 2015-2019

Technavio recognizes the following companies as the key players in the Crane Market in Japan: Hitachi Construction Machinery, Kobelco Construction Machinery, Komatsu and Tadano

Other Prominent Vendors in the market are: Furukawa UNIC, IHI Construction Machinery and KATO Works

Commenting on the report, an analyst from Technavio’s team said: “To reduce the cost burden for construction companies, equipment manufacturers in Japan such as Kobelco Construction Machinery and TADANO are offering equipment on a rental basis. This helps reduce construction costs and operating expenses to a large extent. This trend is likely to continue in the forecast period and drive market growth.”

According to the report, due to the upcoming Tokyo Olympics in 2020, the country will be improving its existing infrastructure and developing new infrastructure, which will lead to the growth of the crane market. We estimate that the market will grow during the forecast period.Further, the report states that currently labor shortage as a result of a decline in the working-age population curtails market growth.

Companies Mentioned

Hitachi Construction Machinery, Kobelco Construction Machinery, Komatsu, Tadano, Furukawa UNIC, IHI Construction Machinery, KATO Works

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Economic Overview
  • Construction Market in Japan
  • Construction Equipment Market in Japan
    • Table Construction Equipment Units Sold 2005-2014 (thousands of units)
    • Table Types of Construction Equipment
  • Crane Market in Japan: Industry Overview
    • Table Crane Market in Japan 2007-2013 (units sold)
    • Technology Landscape
      • Table Product Portfolio of Crane Manufacturers in Japan
  • Market Landscape
    • Market Size and Forecast
      • Table Crane Market in Japan 2014-2019 (units sold)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Table Segmentation of Crane Market in Japan by Type 2014-2019
  • Buying Criteria
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Hitachi Construction Machinery
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013 and 2014
        • Table Hitachi Construction Machinery: Business Segmentation by Revenue 2013 and 2014 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Hitachi Construction Machinery: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Kobelco Construction Machinery
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Kobelco Construction Machinery: Product Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Komatsu
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Komatsu: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Komatsu: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Komatsu: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • TADANO
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table TADANO: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table TADANO: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table TADANO: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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