Japan Machinery Market 2014-2018: Caterpillar, Hitachi Construction Machinery, Komatsu & Kubota Dominate the Market
M2 - Mon Apr 28, 11:20AM CDT
Research and Markets (http://www.researchandmarkets.com/research/55243v/machinery_market) has announced the addition of the "Japan Machinery Market 2014-2018: Caterpillar, Hitachi Construction Machinery, Komatsu & Kubota Dominate the Market" report to their offering. The Machinery market in Japan to grow at a CAGR of 12% to 2018. The Machinery market in Japan is driven by several factors; one such driver is the increasing growth in the construction industry. The rise in the construction of roads, railways, ports, and airports has led to higher demand for construction equipment such as earthmoving machinery, cranes, road machinery, and concrete machinery. In Japan, agriculture is being increasingly carried out in urban areas across the nation. In fact, urban agricultural output accounted for one-third of the total agricultural output, and urban farmers accounted for 25 percent of the overall farmers in Japan. In Tokyo, urban agricultural output provides food grains for more than 700,000 residents. It also helps in reducing transport time for agricultural output from rural areas and maintains a balanced ecosystem. As a result, with increasing urban agriculture, the demand for agricultural equipment is on the rise, thereby contributing to the growth of Machinery market in Japan. Further, the report states that one of the major challenges is the high total cost of ownership because of the increasing price of iron and steel used in the assembly of construction equipment such as backhoe loaders, crawler excavators, and mobile cranes, which require huge amounts of steel and iron. Key vendors dominating this space are: - Caterpillar Inc. - Hitachi Construction Machinery Co., Ltd - Komatsu Ltd. - Kubota Corp. Other prominent vendors mentioned in the report are: - AB Volvo - IHI Construction Machinery Ltd - Kawasaki Heavy Industries, Ltd. - Kobelco Construction Machinery Co., Ltd. - Mitsubishi Corp. - Okada Aiyon Corporation. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Product - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/55...ery_market
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