The Sale of Indonesia Construction Equipment Market to Reach …

The Industry Analysis Report Provides Industry Trends, Drivers, Opportunities, Competitive Outlook, Market Size, Sales, and Growth Forecast for 2023-2029

Arizton publishes the latest research report, Indonesia Construction Equipment Market – Strategic Assessment & Forecast 2023-2029. The Indonesia construction equipment market ^[1] to reach 40,137 units by 2029, growing at a CAGR of 7.61%

The report considers the present scenario of the Indonesia construction equipment market and its market dynamics for 2023−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3892 ^[2]

Government Investments in Public Infrastructure Projects through PPP Model

The Indonesian government aims to invest $430 billion in infrastructure development projects from 2021 to 2024. There was a 20% rise in infrastructure investments from the last investment plan in 2015–2020.
The country’s infrastructure development projects are mostly in the transport sector. Investment projects are divided into three sectors – road, rail, and port development, accounting for 29%, 22%, and 23%, respectively.
The Trans-Sumatra toll road project, one of the largest projects worth $33.7 billion, is in progress. China supports a key project – Jakarta-Bandung high-speed railways.
In 2022, the government invested in 83 PPP projects for infrastructure developments, which include 50 projects in the transportation sector, including 13 ports and 15 railways projects. Asian Development Bank provided a loan of $100 million to the Indonesian government to support these projects.
In 2023, the Indonesian government planned 49 projects, 33 Public Private Partnership Projects (PPP) and 16 non-PPP projects. These 33 PPP projects include 18 in the road sector, 4 in the telecommunication sector, 1 in the electricity sector, 6 in the water supply sector, 3 in the transportation sector, and 1 in the energy conservation sector. A total investment value of more than $38 billion has been planned for public infrastructure development projects.
Rise in infrastructure projects in Indonesia is expected to drive the demand for construction equipment during the forecast period.

Vendor Landscape

SANY, Kobelco, Komatsu, Caterpillar, & Hitachi Construction Machinery are leaders in the Indonesia construction equipment market. These companies have a strong market share and offer diverse sets of equipment.
Manitou, Kubota, Toyota Material Handling & Kubota are niche market players. These companies offer low product diversification and have a strong presence in Indonesia’s local market.
XCMG, Zoomlion, Volvo Construction Equipment, & Takeuchi are emerging in the Indonesian market. These companies are introducing new technologically advanced products to challenge the share of market leaders in the Indonesian industry.
In 2021, XCMG launched a different range of cranes, varying from 50 to 260 tons, in the Indonesia construction equipment market to cater to the need for high construction and nickel mining projects.
SAKAI, Liebherr & Sumitomo have low product diversification; these companies are lagging in adopting new technologies used in construction equipment.

Prominent Vendors

Caterpillar
Komatsu
Volvo Construction Equipment
Hitachi Construction Machinery
Kubota
SANY
JCB
Xuzhou Construction Machinery Group Co. Ltd. (XCMG)
Kobelco
Zoomlion Heavy Industry Science & Technology Co. Ltd
Hyundai Construction Equipment

Other Prominent Vendors

Liebherr
Liu Gong
Yanmar
Sumitomo Construction Machinery
Takeuchi
Toyota Material Handling
Manitou
SAKAI

Distributor Profiles

PT Indotruck Utama
United Tractors
Multicrane Perkasa
PT. Airindo Sakti
PT. Sumitomo Construction Machinery
PT. Badak Prima Lestari
PT. United Equipment Indonesia
ALTRAK 1978

Market Segmentation

Earthmoving Equipment: Excavator, Backhoe Loaders, Wheeled Loaders, and Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)
Road Construction Equipment: Road Rollers and Asphalt Pavers
Material Handling Equipment: Crane, Forklift & Telescopic Handlers, and Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)
Other Construction Equipment: Dumper, Tipper, Concrete Mixture, and Concrete Pump Truck
End Users: Construction, Mining, Manufacturing, and Others

Key Questions Answered in the Report:

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 market?
Which are the major distributor companies in the Indonesia construction equipment market?

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Check the detailed table of contents of the report @ https://www.arizton.com/market-reports/indonesia-construction-equipment-market?details=tableOfContents ^[7]

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References

^{^} Indonesia construction equipment market (www.arizton.com)
^{^} https://www.arizton.com/request-sample/3892 (www.arizton.com)
^{^} https://www.arizton.com/market-reports/thailand-construction-equipment-market (www.arizton.com)
^{^} https://www.arizton.com/market-reports/new-zealand-construction-equipment-market (www.arizton.com)
^{^} https://www.arizton.com/market-reports/australia-construction-equipment-market (www.arizton.com)
^{^} https://www.arizton.com/market-reports/south-korea-construction-equipment-market (www.arizton.com)
^{^} https://www.arizton.com/market-reports/indonesia-construction-equipment-market?details=tableOfContents (www.arizton.com)
^{^} [email protected] (industrytoday.co.uk)
^{^} https://www.arizton.com/contact-us (www.arizton.com)
^{^} https://www.arizton.com/blog (www.arizton.com)
^{^} https://www.arizton.com/ (www.arizton.com)