Japan Construction Equipment Rental Market: Growth Trends and Forecast to 2032

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The Japan Construction Equipment Rental Market Size is expected to reach USD 13.52 Billion by 2032, at a CAGR of 8.7% during the forecast period 2022 to 2032.

The Japanese construction equipment rental market is expected to grow due to the rising demand for material-handling machinery driven by clean energy development. The logistics and e-commerce sectors are fueling the need for reconditioned forklifts and tractor-trailers, while automation and robotics are helping address labor shortages in manufacturing. There is a growing demand for new-generation excavators with ICT and telemetry technology. The adoption of automated rental equipment is increasing, driven by labor shortages and construction incidents. Additionally, government spending on infrastructure projects, such as the National Resilience Plan, is expected to further boost the market. Renting equipment offers the advantage of reducing upfront costs and access to advanced machinery.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Japan Construction Equipment Rental market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

AKTIO Corporation Kanomoto Nishio Kawasaki Heavy Industries Nikken Corporation Taiyo Kenki Rental Hitachi Construction Machinery Japan Construction Equipment Manufacturers Association Mitsubishi Heavy Industries Sumitomo Heavy Industries Tadano Limited Takeuchi Manufacturing Kubota Rent Corporation Komatsu Limited

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:

By Type

  • Earthmoving Equipment
  • Road Construction Equipment
  • Material Handling Equipment
  • Others

By End-Users

  • Construction
  • Mining
  • Logistics & Warehouse
  • Others

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

On March 2023, Hitachi Construction Machinery Co., Ltd. and First Quantum Minerals Ltd. announce the signing of a Letter of Intent (""LOI"") to promote the development of sustainable mining solutions at First Quantum's flagship mining operations in Zambia.

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Japan Construction Equipment Rental market?
➥ What is the market growth rate of the Japan Construction Equipment Rental market?
➥ What are the Japan Construction Equipment Rental market opportunities and threats faced by the vendors in the global Japan Construction Equipment Rental Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Japan Construction Equipment Rental market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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