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Japan Crawler Excavator Market Assessment Report 2021-2027 – Rising Demand for Eco Construction in Japan will Boost Demand for Crawler Excavators

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Dublin, July 28, 2021 (GLOBE NEWSWIRE) — The “Japan Crawler Excavator Market – Strategic Assessment & Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

Japan crawler excavator market size is expected to grow at a CAGR of 3.08% during the period 2021-2027

Japan is planning to enhance its network in the Kansai area and also establish Osaka Training Center / ICT Learning Center that would lead to the surge in demand for crawler excavators. The rising demand for Eco construction in Japan will boost demand for crawler excavators.

The report considers the present scenario of the Japan crawler excavator market and its market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with segment analysis of the Japan crawler excavator market.

KEY HIGHLIGHTS FROM THE REPORT

  • Excavators used in the construction industry accounted for the largest share of around 54.6% of huge government expenditure on construction projects.
  • The country has improved its efficiency in transforming innovative inputs into outputs during the last three years. Improved ranks in innovation outputs have a beneficial impact in boosting the growth of the Japanese crawler excavator market.
  • The Japanese construction machines and equipment industry is extremely mature and comprises a wholesome ecosystem to cater to the demand of both domestic and export markets.

JAPAN CRAWLER EXCAVATOR MARKET INSIGHTS

  • Foreign investors working in Japan have more access to other Asian markets due to its geographic position helping the vendors to grow in the Japan crawler excavator market.
  • The construction industry largely drives the demand for mini excavators in the country.
  • Komatsu leads the market for hydraulic excavators in the country with around 24% share, closely followed by Hitachi Construction and Kobelco with 22% and 20% share.
  • The Japanese economy is projected to witness steady growth over the forecast period. This would eventually boost the domestic demand for commodities and equipment, driving the crawler excavator market in Japan.
  • Development of hydraulic and engine control systems, automation, electric, autonomous, and remote-control technologies are booming the growth of the crawler excavator market.
  • The business is leading the Japan excavator market for green products that comply with increasingly stringent international environmental laws, such as the IMO’s air pollution and sulfur dioxide emission standards, by creating key eco-friendly technology.
  • According to ‘Cushman & Wakefield’s multifamily building construction is projected to grow at around 35% in 2021. This is expected to boost the sale of excavators in the country significantly.

VENDOR LANDSCAPE

Vendors are creating innovations and developing technologies to accelerate the growth of the crawler excavator market in Japan. The OEMs have a triple business model for handling new excavators, refurbished used excavators, and renting out new excavators.

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This provides the Japanese manufacturers the much-needed tactical reach of equipment to remote regions through refurbished equipment sales, further promoting the sales of new equipment. Offering the best smart industrial solutions by merging robotic automation with next-generation technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) and big data analytics is gaining momentum across the Japan excavator market.

SEGMENTAL ANALYSIS

  • The medium excavator varies in size and capacity for various applications. The power output of this excavator can range from less than 60HP to more than 200HP. Japan’s medium crawler excavator market by value is expected to reach USD 609.6 million by 2027.
  • 61hp-101hp crawler excavator finds applications in urban development projects and excavation operations in residential and commercial building activities.
  • With the increasing diversity of attachments and advancements in machine design, excavators are gaining popularity on-farm.

Market Segmentation by Excavator Type

  • Mini (>6 tons)
  • Small (6-15 tons)
  • Medium (15-30 tons)
  • Large (above 30 tons)

Market Segmentation by Gross Power

  • 61-101 HP
  • 102-200 HP
  • >201 HP

Market Segmentation by Application

  • Construction
  • Mining
  • Agriculture
  • Forestry
  • Others

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of

  • Volume (Unit sales)
  • Type
  • Excavator Type and Operating Weight
  • Application
  • Gross Power Output
  • Value (USD)
  • Type
  • Excavator Type and Operating Weight
  • Application
  • Gross Power Output
  • Gain competitive intelligence about the economic scenario, advantages in Japan, major projects and investments, market dynamics, and market share
  • Examples of latest technologies
  • Get presentation-ready format and easy-to-interpret data
  • Enable decision-makers to make informed and profitable choices
  • Gain expert quantitative and qualitative analysis on value/volume growth projections of the Japan crawler excavator market
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the market
  • Company Profile of 16 major vendors

KEY QUESTIONS ANSWERED:

  • At what CAGR is the Japan crawler excavator market projected to grow in the forecast period (2021-2027)?
  • What are the segments covered in the crawler excavator market report?
  • Who are the top players in the Japan crawler excavator market?
  • What are the latest trends for Japan crawler excavators?
  • What are the key factors driving the Japanese crawler excavator market growth?

Key Topics Covered:

Section 1 – Introduction

Section 2 – The Market Overview

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  • Economic Scenario, Advantage Japan, increasing global demand for excavators further enhancing export prospects, key economic regions in Japan

Section 3- Technological Advances

  • Technology Adoption by Major Vendors with Examples

Section 4 Market Dynamics

  • Market Drivers, Restraints, Trends

Section 5 – Japan Crawler Excavator Market (Type & Operating Weight)
1. Japan Crawler Excavator Market by Excavator Market by Type (Operating Weight)
2. Japan Crawler Excavator Market by Excavator Market by Application
3. Japan Crawler Excavator Market by Gross Power
4. Crawler Excavator Market by Gross Power Output, 61 hp-101 hp, Volume & Value, 2018-2027

Section 6 – Market Landscape
1. Supply Chain Insights
2. Key Highlights
3. COVID-19 Impact Analysis

Section 7 – Competitive Landscape
1. Company Profile of major Vendors (Komatsu, Hitachi Construction Machinery, Kobelco, Caterpillar, Hyundai Construction Equipment, Doosan, JCB, SANY, Volvo Construction Equipment)
2. Other Prominent vendors

Section 8 – Report Summary

Companies Mentioned

  • Caterpillar
  • Komatsu
  • Hitachi
  • Sany
  • Volvo Construction Equipment
  • Kobelco
  • JCB
  • Hyundai Construction Equipment
  • Doosan
  • LeeBoy
  • Sumitomo
  • Mahindra
  • XCMG
  • Kubota
  • Ingersoll Rand
  • Liebherr

For more information about this report visit https://www.researchandmarkets.com/r/bwzo3r


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Artificial Intelligence

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”

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RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ — The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).
The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia’s role in advancing AI capabilities as it positions itself as a global leader in this space.
The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.
To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.
SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.
The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world’s most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.
Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.
The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.
The summit closed with an inspirational speech from the Director of Saudi Arabia’s National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:
“Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential.”
He added:
“It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit.” 
The success of GAIN 2024 ensures that the Kingdom’s AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.
[email protected]
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Artificial Intelligence

Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
Photo – https://mma.prnewswire.com/media/2504901/Akuvox_S567G_Indoor_Monitor_Has_Received_GMS_CertificationAkuvox_proudly_announced.jpg 

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SeaBubbles Accelerates Sustainable Maritime Mobility with SmartBubble and Strategic Acquisition

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SAINT JORIOZ, France, Sept. 13, 2024 /PRNewswire/ — SeaBubbles, French pioneer in zero-emission hydrofoils, strengthens its commitment to ecological transition with the launch of SmartBubble, new flying boat model combining cutting-edge technology with iconic design. This innovative vessel, designed to carry up to eight people at a speed of 16 knots (30 km/h), takes its passengers on a silent and environmentally friendly flight, ideal for water taxi services and urban transportation.

SmartBubble: Concentration of Technology and Design
Following the success of its first public line on Lake Annecy, where hundreds of passengers experienced the unique sensation of flying aboard The Bubble (4-seater model), SeaBubbles reaches a new milestone with the homologation of the SmartBubble (8-seater model) and its four patents, including retractable foils.
SmartBubble technology is geared towards energy efficiency. The submerged wings (foils) equipped with automatic flaps allow to fly at low speeds, saving 40% of energy required. This unique boat has just been presented afloat for the first time at the Cannes Yachting Festival.
SeaBubbles Strengthens Flight Control Expertise with Neocean Acquisition
SeaBubbles also announces the acquisition of Neocean technology, to accelerate the development of flight control expertise, specifically on “inverted T” foils. Neocean is renowned for developing the Overboat, foiling catamaran with proven stability and maneuverability.
SeaBubbles is a key player in hydrofoil navigation, technology that improves energy efficiency of boats, particularly electric ones. The flight control system is a central element of the flight experience: it is designed to ensure stable flight by dynamically and autonomously managing the mechanical inclination of the flaps on the trailing edges of the foils.
SeaBubbles: Vision for the Future
SeaBubbles’ ambition is to revolutionize urban and suburban maritime transport with more efficient and environmentally friendly boats. Examples such as the Calanques National Park, Norwegian fjords, alpine lakes or the canals of Amsterdam demonstrate a committed initiative towards the preservation of aquatic ecosystems by gradually banning the circulation of thermal boats.
“Foils significantly reduce the drag of our boats, allowing our hydrofoils to move more easily and with less energy than a conventional boat: a considerable gain in cost and energy,” explains Virginie Seurat, CEO of SeaBubbles. “The acquisition of Neocean marks a decisive turning point and prepares us for our industrialization phase. We are ready to redefine the pleasure of boating and offer boats that comply with increasingly stringent environmental standards, while offering unique sailing comfort – zero noise, zero waves, zero emissions.”
AxiCom for SeaBubbles, [email protected] 
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View original content:https://www.prnewswire.co.uk/news-releases/seabubbles-accelerates-sustainable-maritime-mobility-with-smartbubble-and-strategic-acquisition-302247900.html

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