Lewes, DE -- (SBWire) -- 07/13/2015 --Report forecast the bulldozer market in Japan to grow at a CAGR of 5.89% over the period 2014-2019.
A bulldozer is a type of crawler with an attached blade which is used to dig or move large quantities of soil, sand, and other construction materials in the construction site. The blade is typically equipped on the rear end with a ripper, shaped as a claw, that helps in loosening densely compacted materials. Various types of bulldozers operate in almost all types of infrastructure-related activities, including construction of structures, mines, quarries, and other engineering projects.
This report covers the present and future market scenarios of the bulldozer market in Japan for the period 2015-2019. The market size has been calculated based on revenue generated from the sales of bulldozers in Japan and excludes that generated from the sales of used equipment, contracts, and maintenance.
According to the report, the government is investing in reconstruction of ageing infrastructure such as non-residential and commercial buildings, roads, highways, and tunnels, which are more than a couple of decades old. In addition, the government is also focusing on the repair of roads and other public infrastructure damaged during the 2011 tsunami and earthquake. For instance, in 2014, the government announced plans for reconstruction of Fukushima, Miyagi, and Iwate prefectures in Japan. These activities will continue to drive the demand for earthmoving equipment, including bulldozers, in the next 5-6 years.
Further, the report states that the construction market is labor-intensive, and lack of workers is not only leading to project delays but also increasing overall construction cost.
Bulldozer Market in Japan 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
key players in the bulldozer market in Japan: Doosan Corporation (Doosan Heavy Industries & Construction), Hitachi Construction Machinery, Kobelco Construction Machinery and Komatsu
Other Prominent Vendors in the market are: Caterpillar, JCB and Volvo
Market Driver
- Investments in Reconstruction of Aging Infrastructure
- For a full, detailed list, view our report
Market Challenge
- Shortage of Labor
- For a full, detailed list, view our report
Market Trend
- Increased Demand for Energy-efficient Equipment
- For a full, detailed list, view our report
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?
Spanning over 60 pages and 20 Exhibits "Bulldozer Market in Japan 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Economic Overview, Construction Sector: Overview, Construction Equipment Market in Japan, Earthmoving Equipment Market in Japan, Construction Tractor Market in Japan, Bulldozer Market Overview, Market Landscape, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/bulldozer-market-japan-2015-2019
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Bulldozer Market in Japan to Grow at a CAGR of 5.89% over the Period 2014-2019; Finds New Report
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