More than 50k Units of Used Construction Equipment to be Sold in… – PR Newswire

CHICAGO , Jan. 13, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Japan used construction equipment market   is estimated to witness the sale of around 50, 455 units by 2029. Investment is planned for redevelopment & urban planning in Tokyo city in 2022. The government is also investing in redevelopment projects in western Japan’s Kansai and Kinki areas. In 2022, the government announced a ~USD 407 billion stimulus package to offset rising fuel and grain prices caused by the war in Ukraine . The government has also planned to invest USD 113. 9 billion till 2030 for the particular development of renewable energy industry. USD 33. 5 billion dollars in funds are allocated for the decarbonization of power sources, and investment is also planned for decarbonization in the manufacturing industry plus research & progress the particular renewable energy business. Such growth enablers simply by the country’s government have played a key role in supporting Japan used building equipment marketplace growth.

Growth in e-commerce and logistics industries within Japan prompts the demand for warehouses. Logistics companies are investing over $6 billion in expanding their centers across The japanese . According to the ministry associated with economy, trade & market, the strategies industry will be expected in order to grow on average of 8% for the next five years. Some major logistics projects are Logiport Nagoya, Kobe Nagata logistics center & LF Nara facilities in the Ikoma region. Hence, development in strategies & web commerce industries expect to have positive impact on the particular demand with regard to used forklifts & telescopic handlers inside Japan . By 2029, used forklift and telescopic handlers segment value in Japan is usually estimated to reach $169. 3 million .

Marketplace Size and Forecast are usually Projected in:

  • Value ($ Billion)
  • Volume (Units)

Japan Utilized Construction Gear Market Report Scope

Report Attributes


Market Size (2029)


Marketplace Size (2022)


CAGR (2022-2029)

2 . 97  %

Market Size (Volume)

fifty, 455 Models (2029)

Historic Year


Base Year


Forecast 12 months



Earthmoving Equipment, Road Construction Products, and Material Handling Tools


Building, Manufacturing, Mining, and Others

Key Vendors

Important Vendors: Caterpillar, Komatsu, Volvo Construction Devices, Hitachi Structure Machinery, Kubota, Sumitomo Heavy Industries, Kobelco, SANY, Liebherr, AND Hyundai Construction Machinery

Other Prominent Vendors: Yanmar, Takeuchi Manufacturing, Tadano, and Toyota Material Handling

Auctioneers Profile: Ritchie Bros. Auctioneers, NORI Enterprise Co, Ltd, Hitachi Design Machinery, TOZAI BOEKI CO. LTD, plus YANAGAWA SHOJI Co LTD.

Distributors Profiles: WWB KENKI, Chukyo Juki Limited, and Tokuworld Corporation Corp

Page Number


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Crucial Highlights

  • The particular Earthmoving section has the largest share associated with Japan used construction equipment market. The excavators held the largest share within the earthmoving segment within 2022.
  • Inside 2021, the particular country’s government planned in order to invest USD 708 billion dollars in economic recovery. The particular investment is definitely directed at the development of public infrastructure & digital technology. Investment can be also prepared for Expo 2025 in the Osaka area of the country. The government is certainly investing inside alternative energy tasks to reduce carbon emissions by 46% simply by 2030.
  • Japan is facing the particular challenge of aging infrastructure. More than 50% associated with roads, bridges & tunnels will be older than 50 years by 2033. Therefore , the authorities increases its focus on repairing and maintaining roadways, highways & links. The rise in repair and redevelopment is expected to drive sales of utilized earthmoving gear in Japan used structure equipment market.
  • Growth within the logistics sector due to the growing demand intended for goods in the global and domestics marketplace supports the demand to get used forklifts & telehandlers in Asia used design equipment market. The state’s export witnessed a sharp rise of 21. 5% in 2021. Moreover, it is anticipated that using robotics & automation within the manufacturing industry will temporarily solve the particular labor shortage issue— and it is estimated that the industry will witness the 2. 4% growth in output within 2022.
  • The country witnessed a surge in warehouse space across the country within 2021. The particular country’s E-commerce and logistics industry growth triggers the particular demand pertaining to large warehouse spaces in major cities. Growth in the logistics & E-commerce industry is likely to positively effect the need for used forklifts & telescopic handlers in Japan used construction equipment marketplace.
  • The requirement for new generation utilized excavators with ICT plus remote monitoring technology will be gaining market share within Japan . Skilled labor shortage & rising accident cases in construction sites prompt the use of automated used construction products in Japan .
  • In 2021, demand for utilized forklifts observed high development in The japanese used building equipment marketplace due in order to the rise in the E-Commerce sector. Used hydraulic excavators are used for disaster management projects in the country. In 2022, Hitachi Construction Equipment Japan signed 83 catastrophe agreements along with local municipalities to provide equipment meant for disaster response & recovery in Asia .

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Key Suppliers

  • Caterpillar
  • Komatsu
  • Volvo Construction Apparatus
  • Hitachi Construction Machinery
  • Kubota
  • Sumitomo Heavy Industries
  • Kobelco
  • SANY
  • Liebherr
  • Hyundai Building Equipment

Some other Prominent Vendors

  • Yanmar
  • Takeuchi Manufacturing
  • Tadano
  • Toyota Materials Handling

Auctioneers Profile

  • Ritchie Bros . Auctioneers
  • NORI Business Co, Ltd
  • Hitachi Structure Machinery

Marketers Profiles

  • Chukyo Juki Limited
  • Tokuworld Corporation Corp

Market Segmentation


  • Earthmoving Equipment:
    • Excavator
    • Backhoe Loaders
    • Motor Graders
    • Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)

  • Material Handling Machines
    • Crane
    • Forklift & Telescopic Handlers
    • Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)

  • Street Construction Equipment
    • Road Rollers
    • Asphalt Pavers

  • End Users
    • Design
    • Production
    • Exploration
    • Other people

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SOURCE Arizton Advisory & Intelligence