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Dublin, October 26, 2021/PRNewswire/-The "Japanese Crane Market-2021-2027 Strategic Evaluation and Forecast" report has been added to ResearchAndMarkets.com's products.
The scale of the Japanese crane market will reach US$20.4 billion, and it will reach 11,187 units by 2027. It will grow at a compound annual growth rate (CAGR) of 3.25% during 2021-2027. The Japanese government's start to invest in digital technology will help transform Japanese buildings. Industry. All countries are paying attention to infrastructure development to increase economic activity after COVID-19. Japan is the world's fourth largest exporter of cranes, which will bring tremendous development. Infrastructure investment and the rise of the mining industry will have a positive impact on the demand for cranes in the Japanese market.
In 2021, the Japanese crane market sales will reach 9,233 units, and it is expected to reach 11,187 units by 2026.
Mobile cranes have the highest market share in 2020. Increased government investment in various infrastructure development projects such as Shibuya, Tara's Gate, and the reconstruction of Shin Shinagawa Station will increase Japan's demand for mobile cranes and cranes in the market.
Infrastructure investment and the rise of the mining industry will have a positive impact on the demand for cranes in Japan. The rise of technological progress in the construction industry will drive the demand for customized automated cranes. The demand for mobile cranes is mainly to solve high-end projects in urban and infrastructure development.
Major Japanese manufacturers have extensive presence in major regions, with extensive dealer networks and sales support. Japan is an export-oriented country. Japan manufactures cranes and exports them to the world.
As one of the main suppliers, Tadano manufactures construction cranes, truck-mounted cranes and aerial work platforms worldwide. The company focuses on technology and quality innovation by establishing a global R&D cooperation network and opening R&D centers.
Why buy this report?
This report is one of the few reports in the market that provides analysis and forecasts of prospects and opportunities in the following areas:
Main highlights of the report
Japan Crane Market-Segmentation Analysis
Market segmentation by crane type
Market segmentation by total power
For more information about this report, please visit https://www.researchandmarkets.com/r/uwc6cj
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