construction equipment

CEMA Forecasts Construction Equipment Demand for Fiscal 2018 to Surpass 2 Trillion Yen

Shipment values of construction equipment are forecast at 2.78 trillion yen ($25.27 billion) in fiscal 2018, down 2 percent year-on-year, according to the Japan Construction Equipment Manufacturers Association (CEMA). Despite a decrease in demand, CEMA is forecasting shipment values to surpass the high mark of 2 trillion yen for the second year in a row. Shipment values in the domestic...

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CEMA Finds 2017 Demand for Construction Machinery Stagnant in Japan but Increasing Abroad

Shipment values of construction machinery are forecast at 1.879 trillion yen ($16.575 billion) for the fiscal year ending March 2018, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This projection is based on a January 2017 survey of CEMA’s 68 member companies. CEMA Chairman and President of Hitachi Construction Machinery Co. Ltd....

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Value of Construction Equipment Shipped Down Almost 11% for August

The value of construction equipment shipped in August fell 10.9 percent year-on-year, the 13th consecutive month of decline, according to data compiled by the Japan Construction Equipment Manufacturers Association (CEMA). Export demand fell for the 16th consecutive month, while Japanese demand fell for the fifth straight month. Japanese demand grew for five types of equipment such as construction cranes, concrete...

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CEMA Forecasts 1.855 Trillion Yen in Shipment Value of Construction Equipment for Fiscal 2017

Shipment values of construction equipment are forecast at 1.855 trillion yen ($18.283 billion) in fiscal 2017, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This includes a forecast 822 billion yen in the domestic market, up 2 percent year-on-year, the first rise in two years. The forecast for exports is 1.033 trillion...

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