The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its forecast for construction machinery demand in fiscal 2023 (April 2023-March 2024), with shipments expected to reach a record 3.05 trillion yen ($23.14 billion), up 341.5 billion yen from the previous forecast announced in August 2022. This would be the first time for the value of shipments to exceed 3 trillion...
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The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its construction equipment demand forecasts for fiscal 2020 and fiscal 2021. CEMA has forecasted the total value of domestic shipments for the first half of fiscal 2020 – hit by the spread of COVID-19 – at 431.1 billion yen ($4.07 billion), down 9 percent year-on-year. This figure includes a 15 percent...
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The Japan Construction Equipment Manufacturers Association (CEMA) has put together a demand forecast for construction equipment over fiscal 2019 and fiscal 2020. Looking first at domestic shipments for the first half of fiscal 2019, there is an expectation that figures will rise for all product types, with a particular increase for excavators. This then stands to bring a 10 percent...
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Japan’s construction equipment industry is expected to achieve healthy performance for fiscal 2018–2019, according to a demand forecast recently compiled by the Japan Construction Equipment Manufacturers Association (CEMA). This continues a trend from both fiscal 2017 and early fiscal 2018 wherein sluggish domestic demand has been offset by stronger demand overseas, leading to higher revenues on the whole. Alongside this...
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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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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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