The mobile cranes market size value per capita in Japan was $5.17 in 2023. Forecasted values from 2024 indicate a declining trend year-on-year:
- 2024: $5.17 (0% change from 2023)
- 2025: $5 (-3.3% change from 2024)
- 2026: $4.83 (-3.4% change from 2025)
- 2027: $4.67 (-3.3% change from 2026)
- 2028: $4.51 (-3.4% change from 2027)
The compound annual growth rate (CAGR) from 2023 to 2028 indicates an average annual decline of approximately 3.3%.
Future trends to watch for include advancements in crane automation technology, increased infrastructure projects leading to potential recovery in demand, and potential impacts of economic policies targeting construction and heavy machinery industries.
