The Japan Construction Equipment Manufacturers Association (CEMA) recently released its construction machinery demand forecasts for fiscal 2024 (April 2023-March 2024) and fiscal 2025 (April 2024-March 2025). The forecasts are based on a survey conducted in July among 61 regular members of the association. According to the survey, Japanese domestic shipments in fiscal 2024 are expected to slightly decline for the...
The Japan Construction Equipment Manufacturers Association (CEMA) held a press conference in Tokyo on February 21 to announce its construction machinery demand forecasts for fiscal 2023 (April 2023 – March 2024) and fiscal 2024 (April 2024 – March 2025). The forecasts were compiled based on a questionnaire survey conducted in January of this year among 62 regular members of the...
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...
Business is expected to stay robust for the construction machinery industry, which is a major source of demand for high-pressure hoses. According to data recently released by the Japan Construction Equipment Manufacturers Association (CEMA), the shipment value of construction equipment is expected to rise 5 percent year-on-year for fiscal 2018, reaching a total of 2.4 trillion yen ($22.61 billion). Driven...
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...
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....
