The Japan Construction Equipment Manufacturers Association (CEMA) recently released its construction machinery demand forecasts for fiscal 2024 (April 2024-March 2025) and fiscal 2025 (April 2025-March 2026). The forecasts were compiled based on a questionnaire survey conducted in January among 61 construction equipment manufacturers that are regular members of the association. According to the survey, in fiscal 2024, Japanese domestic shipments…
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