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The Japanese M&E market is a significant player on the global stage, valued at over USD 600 billion in 2023. It's driven by factors like robust domestic demand, advanced technology, and strong export performance.
The Japanese government is a major player in the M&E market, with annual procurement exceeding USD 100 billion. This spending covers a wide range of products and services, supporting vital infrastructure projects and government operations.
The Japanese government procures a diverse range of M&E products and services, including:
Construction machinery and equipment: for infrastructure development projects.
Industrial machinery and equipment: for various industries, including manufacturing and energy.
Medical equipment and devices: for hospitals and healthcare facilities.
Information technology equipment: for government offices and agencies.
Vehicles and transportation equipment: for public transportation and government operations.
Top Authorities for Japan M&E Procurement are:
Cabinet Office: Oversees the overall government procurement policy and regulations.
Ministry of Economy, Trade and Industry (METI): Manages procurement for specific industries like manufacturing and energy.
Ministry of Land, Infrastructure, Transport and Tourism (MLIT): Responsible for procurement related to infrastructure projects.
National Police Agency: Procures equipment and technology for law enforcement.
Local Governments: Play a significant role in M&E procurement for regional projects and services.
Major Japanese companies dominate the government procurement landscape, including:
Hitachi
Mitsubishi Heavy Industries
Komatsu
Fanuc
Toyota Industries
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