Japan Construction Market Growth, Size, Trends, Share, Revenue, Challenges and Future Outlook
Japan Construction Market Size- By Sector- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: May-2023 | Report ID: COAM2314 | Pages: 1 - 106 | Formats*: |
| Category : Construction & Manufacturing | |||
Japan Construction Market Overview
According to SPER Market Research, the Japan Construction Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Construction is the process of building infrastructure for business, institutions, or homes, including bridges, buildings, roads, and other structures. Clay, stone, lumber, brick, concrete, metals, and polymers are just a few of the materials utilized in modern construction. Construction is the process of constructing or assembling structures, systems, or infrastructure, such as buildings, roads, bridges, and other physical structures. It entails a number of operations such as project design, planning, finance, and execution, as well as project management and maintenance.
Exploring the Growth Drivers of the Japan Construction Industry
Several factors have contributed to the growth of the Japanese construction industry. The Japanese government has made significant investments in infrastructure development, such as transportation systems and energy projects, resulting in an increase in demand for construction services. Natural disasters such as earthquakes, typhoons, and floods are common in Japan. As a result of government and private sector expenditures in restoration and disaster avoidance programs, the construction industry grows. Also, Japan's population is heavily urbanized, with over 90% residing in cities. As cities expand, so does the desire for new housing developments and commercial areas. Furthermore, Japan's aging population has created a need for more healthcare facilities and senior living places. Furthermore, the government has encouraged immigration, which has increased demand for new housing developments.
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What challenges does the Japan Construction Market face?
While the Japanese construction market is expanding, it is also facing several challenges, including a labour shortage. Because of an aging workforce and a reduction in the number of younger workers entering the business, Japan's construction industry is facing a labour crisis. This scarcity can result in project delays, increased costs, and a drop in work quality. Also, the cost of materials, equipment, and labour is rising, which can result in budget overruns and decreased profitability for construction firms. Furthermore, Japan's regulatory environment can be complex and time-consuming, with tight rules and regulations governing construction licenses and building norms. This might cause construction projects to be delayed and costlier. Also, Japan's emphasis on sustainability and lowering its carbon footprint has resulted in greater rules and criteria for environmentally friendly construction practices. While these regulations are important, they can also add complexity and cost to construction projects.
In what ways has the COVID-19 pandemic affected Japan Construction Market?
The COVID-19 epidemic has had a number of consequences for the Japanese construction industry. The epidemic has disrupted supply networks, leading in construction material and equipment delays and shortages. This has resulted in construction project delays and expense increases. The epidemic has also resulted in labour shortages in the construction industry, as workers have been unable to go to working sites due to illness or quarantine. This has resulted in construction project delays and expense increases. As many businesses have shifted to remote work as a result of the pandemic, demand for certain types of construction projects, particularly commercial and office buildings, has decreased.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Sector |
| Regions covered | Chubu, Chugoku, Hokkaido, Kansai, Kanto, Kyushu, Shikoku, Tohoku |
| Companies Covered | Mitsubishi Heavy Industries Ltd, Nippon Concrete Industries, Obayashi Corp., Takada Corporation, The Zenitaka Corp |
Key Target Audience
- Academic and Researchers
- Construction Companies and Contractors
- Government Agencies
- Industry Associations and Trade Organizations
- Investors
- Suppliers and Manufacturers
Japan Construction Market Segmentation:
1. By Sector:
- Japan Construction Market Value Share and Forecast, By Sector, 2023-2033
- Commercial
- Energy and Utilities
- Industrial
- Infrastructure
- Residential
2. By Region:
- Chubu
- Chugoku
- Hokkaido
- Kansai
- Kanto
- Kyushu
- Shikoku
- Tohoku
Key Topics Covered in the Report:
- Japan Construction Market Size (FY’2023-FY’2033)
- Overview of Japan Construction Market
- Segmentation of Japan Construction Market By Sector (Commercial, Energy and Utilities, Industrial, Infrastructure, Residential)
- Statistical Snap of Japan Construction Market
- Growth Analysis of Japan Construction Market
- Problems and Challenges in Japan Construction Market
- Competitive Landscape in the Japan Construction Market
- Impact of COVID-19 and Demonetization on Japan Construction Market
- Details on Recent Investment in Japan Construction Market
- Competitive Analysis of Japan Construction Market
- Key Players in the Japan Construction Market
- SWOT Analysis of Japan Construction Market
- Japan Construction Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Japan Construction Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Japan Construction Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Construction Market
7. Japan Construction Market, By Sector (USD Million)
7.1. Japan Construction Market Value Share and Forecast, By Sector, 2023-20337.2. Commercial7.3. Energy and Utilities7.4. Industrial7.5. Infrastructure7.6. Residential
8. Japan Construction Market Forecast, 2019-2033 (USD Million)
8.1. Japan Construction Market Size and Market Share
9. Japan Construction Market, By Sector, 2019-2033 (USD Million)
9.1. Japan Construction Market Size and Market Share by Sector (2019-2026)9.2. Japan Construction Market Size and Market Share by Sector (2027-2033)
10. Japan Construction Market, By Region, 2019-2033 (USD Million)
10.1. Japan Construction Market Size and Market Share by Region (2019-2026)10.2. Japan Construction Market Size and Market Share by Region (2027-2033)10.3. Chubu10.4. Chugoku10.5. Hokkaido10.6. Kansai10.7. Kanto10.8. Kyushu10.9. Shikoku10.10. Tohoku
11. Company Profile
11.1. Mitsubishi Heavy Industries Ltd
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Nippon Concrete Industries
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Obayashi Corp.
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Takada Corporation
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. The Zenitaka Corp.
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Japan Construction Market Segment is covered By Sector.
Japan Construction Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Japan Construction Market CAGR of XX% during the forecast period.
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Japan Construction Market size is USD XX billion from 2023 to 2033.
The Asia-Pacific region is anticipated to have the highest market share in the Japan Construction Market.
The key players in the market include Companies Covered Mitsubishi Heavy Industries Ltd, Nippon Concrete Industries, Obayashi Corp., Takada Corporation, The Zenitaka Corp.
Construction is the process of constructing or assembling structures, systems, or infrastructure, such as buildings, roads, bridges, and other physical structures.
Japan Construction Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
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