Market Forecast by By Types (Mobile Cranes, Construction Tractors and Bulldozers, Earthmoving Equipment, Aerial Work Equipment, Material Handling Equipment, Dump Trucks, Road Construction Equipment), By Applications (Corporate Enterprise, Oil and Gas, Mining, Others (Municipality and Road Construction)) and Competitive Landscape
Product Code: ETC001644 | Publication Date: Dec 2023 | Updated Date: Dec 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia construction equipment market report comprehensively covers the market by types and applications. The Indonesia construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Indonesia construction equipment market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia Construction Equipment Market is driven by growing demand for residential infrastructure and enhancing the construction industry. Growing transformational infrastructure activities such as the expansion of road networks, airports, smart cities, the mining industry, and other public conveniences are the major factors boosting the Indonesia construction equipment market over the past few years. Moreover, rapid urbanization has encouraged retail culture in the country.
According to 6wresearch, Indonesia Construction Equipment Market size is anticipated to grow at a CAGR of 5.3% during 2023-2029. Indonesia Construction Equipment Market is expected to register tremendous growth on the back of increasing demand for rental equipment, as companies look for cost-effective solutions. This has led to the emergence of rental companies that offer a wide range of equipment. Another significant development in the market is the increasing adoption of digital technologies to improve equipment performance and productivity. These technologies enable real-time monitoring of fuel consumption and maintenance needs which helps companies to optimize their operations. Apart from this, there are several factors that are expected to drive the construction equipment market in Indonesia in the coming years
For instance, the government has announced several large-scale infrastructure projects such as the Trans-Sumatra Toll Road and the development of the new capital city in East Kalimantan which are expected to boost demand for construction equipment in Indonesia. Indonesia is experiencing rapid urbanization, which is driving the demand for construction equipment in the country. Moreover, private sector companies are increasingly investing in infrastructure projects in Indonesia. Apart from this, the construction industry in Indonesia is booming which in turn propels the demand for the construction equipment market in India.
Indonesia's construction equipment market is dominated by both global and local players. Caterpillar, Volvo, Komatsu, and Hitachi Construction are among the international companies operating in the Indonesian market. These players have a significant share of the market and dominate the heavy machinery sector. At the same time, local firms such as PT United Tractors Tbk, PT Komatsu Undercarriage Indonesia, and PT Indonesia Hydraulic are gaining traction and expanding their operations.
The Indonesian government is taking steps to promote infrastructure development and attract foreign investments. One of these initiatives is the establishment of the National Strategic Project (NSP), which has identified priority infrastructure projects in transportation, energy, water resources, and telecommunications that require government support. The government is offering tax incentives and preferential treatment for companies that invest in NSP projects. Besides, the government has allocated funding for infrastructure projects such as the Trans-Sumatra Toll Road and the Jakarta-Bandung high-speed railway.
According to Nikhil, Senior Research Analyst, 6Wresearch, the earthmoving segment is expected to dominate the Indonesia construction equipment market share in the coming few years as Indonesia is a manufacturing base for the heavy construction equipment market, especially for crawler excavators.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Construction Equipment Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Construction Equipment Market Revenues & Volume, 2019 & 2029F |
3.3 Indonesia Construction Equipment Market - Industry Life Cycle |
3.4 Indonesia Construction Equipment Market - Porter's Five Forces |
3.5 Indonesia Construction Equipment Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6 Indonesia Construction Equipment Market Revenues & Volume Share, By Application 2022 & 2029F |
4 Indonesia Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Construction Equipment Market Trends |
6. Indonesia Construction Equipment Market , By Type |
6.1 Indonesia Construction Equipment Market Revenues & Volume, By Mobile Cranes 2019 - 2029F |
6.2 Indonesia Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2019- 2029F |
6.3 Indonesia Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2019- 2029F |
6.3 Indonesia Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2019- 2029F |
6.3 Indonesia Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2019- 2029F |
6.3 Indonesia Construction Equipment Market Revenues & Volume, By Dump Trucks, 2019- 2029F |
6.3 Indonesia Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2019- 2029F |
7 Indonesia Construction Equipment Market , By Application |
7.1 Indonesia Construction Equipment Market Revenues & Volume, By Corporate Enterprise, 2019 - 2029F |
7.2 Indonesia Construction Equipment Market Revenues & Volume, By Oil and Gas , 2019 - 2029F |
7.3 Indonesia Construction Equipment Market Revenues & Volume, By Mining, 2019 - 2029F |
7.3 Indonesia Construction Equipment Market Revenues & Volume, By Others 2019 - 2029F |
8 Indonesia Construction Equipment Market Import-Export Trade Statistics |
8.1 Indonesia Construction Equipment Market Export to Major Countries |
8.2 Indonesia Construction Equipment Market Imports from Major Countries |
9 Indonesia Construction Equipment Market Key Performance Indicators |
10 Indonesia Construction Equipment Market - Opportunity Assessment |
10.1 Indonesia Construction Equipment Market Opportunity Assessment, By Type, 2029 |
10.2 Indonesia Construction Equipment Market Opportunity Assessment, By Application, 2029 |
11 Indonesia Construction Equipment Market - Competitive Landscape |
11.1 Indonesia Construction Equipment Market Revenue Share, By Companies, 2022 |
11.2 Indonesia Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |
Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor And Bulldozer), By Applications(Construction, Oil & Gas, Mining)And Competitive Landscape
Product Code: ETC001644 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Indonesia Construction Equipment Market is expected to register tremendous growth on the back of increasing demand for rental equipment, as companies look for cost-effective solutions. This has led to the emergence of rental companies that offer a wide range of equipment. Another significant development in the market is the increasing adoption of digital technologies to improve equipment performance and productivity. These technologies enable real-time monitoring of fuel consumption and maintenance needs which helps companies to optimize their operations. Apart from this, there are several factors that are expected to drive the construction equipment market in Indonesia in the coming years.
For instance, the government has announced several large-scale infrastructure projects such as the Trans-Sumatra Toll Road and the development of the new capital city in East Kalimantan which are expected to boost demand for construction equipment in Indonesia. Indonesia is experiencing rapid urbanization, which is driving the demand for construction equipment in the country. Moreover, private sector companies are increasingly investing in infrastructure projects in Indonesia. Apart from this, the construction industry in Indonesia is booming which in turn propels the demand for the construction equipment market in India.
Indonesia Construction Equipment Market is driven by growing demand for residential infrastructure and enhancing the construction industry. Growing transformational infrastructure activities such as the expansion of road networks, airports, smart cities, the mining industry, and other public conveniences are the major factors boosting the Indonesia construction equipment market over the past few years. Moreover, rapid urbanization has encouraged retail culture in the country.
According to 6wresearch, Indonesia Construction Equipment Market is anticipated to grow during 2020-2026. The government increasing initiatives in the construction industry have offered a strong push towards the construction equipment market in the country. Furthermore, the government has aimed for huge-scale infrastructure projects in major sectors such as water supply resources, electric power, transportation, telecommunication and gas pipelines which are expected to attract foreign investment and enhance the market as well as economic growth of the country. Mining and construction application segments are expected to lead the Indonesia construction equipment market share due to growing investment, population, urbanization, and revenue in the country.
The earthmoving segment is expected to dominate the Indonesia construction equipment market share in the coming few years as Indonesia is a manufacturing base for the heavy construction equipment market, especially for crawler excavators. Additionally, the increasing sales in heavy equipment are raising the demand for construction equipment in Indonesia during the forecast period. The manufacturers have prepared strategies to gain every opportunity to expand productivity and improve sales after witnessing the great potential of the heavy construction equipment market in Indonesia.
The Indonesia construction equipment market report comprehensively covers the market by types and applications. The Indonesia construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Indonesia construction equipment market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Indonesia Construction Equipment Market was severely impacted by the COVID-19 pandemic as the construction was adversely impacted by the epidemic. However, the market is expected to recover as the government continued to prioritize infrastructure projects. The industry was also supported by various government policies aimed at increasing investment in the sector which includes tax incentives and regulatory reforms.
The Indonesia Construction Equipment Market report provides a detailed analysis of the following market segments: