Construction Equipment (Construction Machinery) and Heavy Equipment Auction Market Analysis

Introduction.

The auction market for used construction equipment (construction machinery) and heavy machinery in Japan has been expanding more and more in recent years.Specialized auctions for contractors are the main focus, and various manufacturers and independent players have entered the market.This report details the major auctioneers, their market shares, and transaction sizes.


1. Major used construction equipment and heavy equipment auctioneers

Manufacturer Auctions

An auction operated by a manufacturer for the purpose of distributing its products.

  • Komatsu Quick
  • Hitachi Construction Machinery Auction
  • Kobelco Construction Machinery Trading (KIT)

Used car auction system (handling construction equipment)

A company that originally operated automobile auctions expanded its construction equipment auctions.

  • Arai Auction
  • USS
  • JU

Independent construction equipment auctioneer

Operates specialized auctions of used construction equipment and deals with buyers in Japan and overseas.

  • SOGO Auction (Sogo Corporation)
  • AssetLine Auction (THI)
  • JEN Auction (JEN Corporation)
  • NORI Auction (Nori Enterprise)
  • Green Auction (Green Corporation)
  • AKTIO
  • GUIA Auction (NDT)
  • TOZAI BID (Tozai Boeki)
  • ALLSTOCKER (Yutaka kankyo kaihatsu)

2. Market Share and Transaction Size

Overall market share composition

The used construction equipment auction market in Japan is mainly driven by independent auctions.In particular, the following vendors have a large share of the market

AuctioneerNumber of units produced during the yearMain Customers
Arai AuctionApprox. 50,000 unitsDomestic suppliers and overseas exports
JEN AuctionApprox. 8,000 unitsDomestic & Overseas
THI (AssetLine)Approx. 5,000 unitsBuyers from 72 countries
SOGO Auction (SOGO)Thousands of ScalesDomestic and international vendors
GUIA AuctionThousands of ScalesRental company-centered

Manufacturer-owned auctions are centered on their own brands, and their market share is relatively limited.


3. Characteristics and Trends of Auction Transactions

Recent Trends

Increasing number of foreign buyers: Export demand to Asia, Middle East, and Africa is increasing.
Online auction proliferation: JEN Auctions, ALLSTOCKER, and others accelerate digitalization
Rental releasers on the rise: GUIA auctions do well for rental operators
Price hikes: Shortage of semiconductors and delays in new equipment deliveries are driving up the price of used construction equipment.


4. Summary

Japan’s used construction equipment auction market continues to grow, led by independent traders.Further revitalization is expected in the future, driven by the expansion of online transactions and increasing overseas demand.

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