Indonesia crane market report thoroughly covers the market by types, applications, and regions. Indonesia crane market outlook report provides an unbiased and detailed analysis of the ongoing Indonesia crane 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 Crane Market Synopsis

Indonesia crane market is likely to witness significant growth as a result of a rising number of infrastructural development projects, a growing number of housing construction schemes, and smart cities as well as increasing FDI in the country over the past few years. However, the Indonesia economy has witnessed a slowdown in the first three quarters of 2020, due to the outbreak of the COVID-19 pandemic. Though the economic scenario in Indonesia is expected to recover steadily in the next few years, the crane market in Indonesia is also likely to recover gradually over the years to come.

According to 6Wresearch, the Indonesia Crane Market size is likely to witness growth during 2020-2026. Increasing population coupled with rising disposable income is leading to the strengthening of the construction sector which is further propelling the Indonesia Crane Market Growth. Moreover, the extensive usage of cranes in various industries such as oil and gas, construction of smart projects and petrochemical is adding to the development of the industry. 

This growth is primarily attributed to government initiatives toward the overall economic development in the country. For instance, the government has planned to commence 22 new infrastructure development projects under the National Strategic Projects (NSP) in 2020. These projects include the expansion of airports, rail and road networks, construction and expansion of highways, and building of affordable houses as well as power plants in the country. These initiatives will spur the demand for cranes in the country during the forecast period.

Market Analysis by crane type

In terms of crane type, the mobile crane segment dominates the overall Indonesia crane market due to rapidly growing construction projects in the country. 

Market Analysis by application

Industrial and commercial application is the key revenue-generating segment in the Indonesia crane market. Further, tower cranes have witnessed huge growth as a result of growing infrastructure development projects in the country.

Key Highlights of the Report:

• Indonesia Crane Market Overview
• Indonesia Crane Market Outlook
• Indonesia Crane Market Forecast
• Historical Data of Indonesia Crane Market Revenues & Volume for the Period 2016-2019.
• Indonesia Crane Market Size and Indonesia Crane Market Forecast of Revenues and Volume, Until 2026.
• Historical Data of Indonesia Crane Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Indonesia Crane Market Revenues and Volume, By Applications, Until 2026
• Historical Data of Indonesia Crane Market Revenues and Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Indonesia Crane Market Revenues and Volume, By Types, Until 2026
• Historical Data of Indonesia Crane Market Revenues and Volume, By Regions, for the Period 2016-2019
• Market Size & Forecast of Indonesia Crane Market Revenues and Volume, By Regions, Until 2026
• Market Drivers and Restraints
• Indonesia Crane Market Trends and Industry Life Cycle
• Porter's Five Force Analysis
• Market Opportunity Assessment
• Indonesia Crane Market Share, By Players
• Indonesia Crane Market Share, By Regions
• Indonesia Crane Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Indonesia crane market report provides a detailed analysis of the following market segments:

By Types:

• Mobile Crane
• Fixed Crane
• Marine and Offshore Crane

By Applications:

• Industrial Applications
• Marine and offshore
• Mining and Excavation
• Construction
• Other Applicants

Key Highlights of the Report: FAQs

1). Which segment based on crane type dominates the overall Indonesia Crane Market? 

In terms of crane type, the mobile crane segment dominates the overall Indonesia crane market due to rapidly growing construction projects in the country. 

2). Which segment based on application is the key revenue generating segment?

Industrial and commercial application is the key revenue-generating segment in the Indonesia crane market.

3). What is the study period of the report?

The study period of the report is 2020-2026.

4). Does the report include the impact of COVID-19?

Yes, the report includes the impact of COVID-19.