The Indonesia Construction Equipment Market Sales to Reach 36,510 Units by 2029 - Exclusive Research Report by Arizton

Arizton Advisory & Intelligence United Kingdom United States of America

is growing at a CAGR of 4.17% during 2023-2029.

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Indonesia Construction Equipment Market Report Scope

Report Attributes

Details

Market Size- Volume (2029)

36,510 Units

Market Size- Volume (2023)

28,568 Units

CAGR- Volume (2023-2029)

4.17 %

Historic Year

2020-2022

Base Year

2023

Forecast Year

2024-2029

In 2023, the Indonesian government increased infrastructure development projects, including constructing airports, railway lines, roadways, highways & bridges across the country. The government invested $407 billion under the Nation Strategic Plan; the fund was directed in 200 different PPP projects in 2023. The demand for hydraulic excavators is growing due to the rise in public infrastructure projects, which include the extension of railways tracks, airports & renovation of bridges & highways across Indonesia in 2023. Several road construction & housing projects were under progress in different countries in the Indonesian market in 2023.

The demand for large crawler excavators is growing in Indonesia due to extensive use in nickel and coal mining projects. In 2023, the Indonesian government started a new nickel smelter in the North Morowali region of Central Sulawesi. The smelter produced 13 million tons of nickel ore annually. In addition, the government has also planned to invest in various public infrastructure projects in Jakarta. Investments are also directed toward the construction of businesses, a financial center for global research, and the development of emerging technologies such as clean energy and 5G technology. The sales of crawler excavators are expected to grow due to rise in smart city projects in Jakarta, Bandung, & Surabaya. These tools can also operate in rough terrains efficiently, which makes them ideal for smart city projects. In contrast to developed economies such as Western Europe, North America and other medium and large excavators are in higher demand.

Vendor Insights

Caterpillar, Kobelco, SANY, Hitachi Construction Machinery, and Komatsu are leaders in the Indonesia construction equipment market. These companies have strong market share and offer diverse sets of equipment.Toyota Material Handling, Kubota, Liu Gong, Yanmar, and JCB are niche players in the Indonesia construction equipment market. These companies offer low product diversification and have a strong presence in the local Indonesian market.Volvo Construction Equipment, Zoomlion, Takeuchi, and XCMG are emerging in the Indonesia construction equipment market. These companies are introducing new technologically advanced products to challenge the market share of market leaders in the country's market.SAKAI, Sumitomo, Hyundai Construction Equipment, and Liebherr had an established presence for a significant period in the Indonesia construction equipment industry, coupled with diverse product offerings. These companies generally lag behind competitors in providing innovative and advanced product technology.

Indonesia Construction Equipment Market Dynamics

Drivers

Government Investments in Public Infrastructure Projects through PPP ModelSkilled Labor Shortage due to High Dependency on Foreign LaborRise in Mining Projects Drive Compact Equipment

Trends

Intense Rivalry between Chinese and other OEMs in the Indonesian marketAdoption of Electric & Hydrogen Fuel TechnologiesApplication of Mini Excavators in Palm Oil Plantations

Challenges

Surge in Building Material Prices Hampers the Construction ProjectsSkilled Labor Shortage due to High Dependency on Foreign LaborGovernment Policy to allow Foreign-Manufactured Used Equipment, Hampering Sales of New Equipment

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1hr of free analyst discussion10% of customization

 Prominent Vendors

CaterpillarKomatsuVolvo Construction EquipmentHitachi Construction MachineryKubotaSANYJCBXuzhou Construction Machinery Group Co. Ltd. (XCMG)KobelcoZoomlion Heavy Industry Science & Technology Co. LtdHyundai Construction Equipment

Other Prominent Vendors

LiebherrLiuGongYanmarSumitomo Construction MachineryTakeuchiToyota Material HandlingManitouSAKAI HEAVY INDUSTRIES, LTDKATO WORKS CO., LTD.GEHLMERLO GroupBobcatTerex CorporationCNH IndustrialMecalacAIRMANShandong Lingong Construction Machinery (SDLG)HidromekRokbak

Distributor Profiles

PT Indotruck UtamaUnited TractorsMulticrane PerkasaPT. Airindo SaktiPT. Sumitomo Construction MachineryPT. Badak Prima LestariPT. United Equipment IndonesiaALTRAK 1978

Market Segmentation

Type

Earthmoving EquipmentExcavatorBackhoe LoadersWheeled LoadersOther Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)Road Construction EquipmentRoad RollersAsphalt PaversMaterial Handling EquipmentCraneForklift & Telescopic HandlersAerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)Other Construction EquipmentDumperTipperConcrete MixerConcrete Pump TruckEnd UsersConstructionMiningManufacturingOthers (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management)

Key Questions Answered in the Report:?

Who are the key players in the Indonesia construction equipment market?
What is the growth rate of the Indonesia construction equipment market?
How big is the Indonesia construction equipment market?
What are the trends in the Indonesia construction equipment industry?
Which are the major distributor companies in the Indonesia construction equipment market?
How big is the Indonesia construction equipment market?
What is the growth rate of the Indonesia construction equipment market?
Who are the key players in the Indonesia construction equipment market?
What are the trends in the Indonesia construction equipment industry?
Which are the major distributor companies in the Indonesia construction equipment market?

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