DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2ww9l7/machinery_market) has announced the addition of the "Machinery Market in Japan 2014-2018" report to their offering.
The analysts forecast the Machinery market in Japan to grow at a CAGR of 12.41 percent over the period 2013-2018. Commenting on the report, an analyst from the team said: 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.
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.
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 Topics Covered
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
6. Market Landscape
7. Market Segmentation by Product
8. Buying Criteria
9. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
- Ab Volvo
- And Kubota
- And Okada Aiyon
- Hitachi Construction Machinery
- Ihi Construction Machinery
- Kawasaki Heavy Industries
- Kobelco Construction Machinery
For more information visit http://www.researchandmarkets.com/research/2ww9l7/machinery_market
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