Construction machinery industry

Japanese: 建設機械工業 - けんせつきかいこうぎょう

[Overview]
Since construction machinery is related to national land development, its development is greatly influenced by the trends of public investment (foreign and flood control, road construction, etc.) and private construction investment. Japan's construction machinery production has continued to expand against the backdrop of an increase in construction and civil engineering works, such as high economic growth and expanded public investment to improve social capital, and it is now the second largest producer in the world after the United States. However, the speed of development since the high growth period has shown significant differences depending on the period. During the high growth period, the average growth rate from 1965 to 1970 was 31.4%, but from 1970 to 1975, it slowed to 7.6% per year due to the impact of the oil crisis, and further, from 1975 to 1978, it showed growth of 13.7% per year due to the policy of expanding public investment.

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

［概観］
　建設機械は，国土開発関連機械であるため，その発展は公共投資(治山，治水，道路工事等)および民間建設投資の動向に大きく左右される。日本の建設機械生産高は，経済の高度成長，社会資本充実のための公共投資拡大といった建設工事，土木工事の増加を背景に拡大を続け，現在，アメリカに次いで世界第2位の生産国となったが，高度成長期以降の発展スピードをみると，期間により著しい差がみられた。高度成長期の1965‐70年の平均成長率は31.4％，ところが70‐75年は石油危機の影響で年7.6％と鈍化，さらに75‐78年には公共投資拡大政策にともない年13.7％の伸びを示した。

出典　株式会社平凡社世界大百科事典第２版について　情報

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