A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Indonesia Construction Equipment Rental Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Indonesia Construction Equipment Rental Market Definition:
Construction equipment means procurement of various building tools on a rental basis, either for some hours, days, or months, during the complete process of development of a premise, starting from land procurement, preparation to construction, to finalization. The major equipment offered by the rental companies, such as access equipment, earthmoving equipment, cranes, air compressors, generators, lighting equipment, etc., are used in the construction of residential, non-residential, and infrastructures.
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Indonesia Construction Equipment Rental Market Insights:
The Indonesia Construction Equipment Rental Market size was valued at around USD 3.03 billion in 2022 & is projected to grow at a CAGR of about 4.82% during the forecast period, i.e., 2023-28
Indonesia Construction Equipment Rental Market Key Driver:
Rising Construction of Buildings & Infrastructures- An upsurge in population & the rising number of tourists resulted in an increase in the construction of residential buildings & hotels in Indonesia, which has supplemented the demand for construction rental equipment across the region during the historical period. The construction industry requires a wide range of equipment for different purposes such as lighting, earthmoving, access, etc. Thus, due to the high acquisition & maintenance expenses, it becomes difficult for construction companies & contractors to maintain a large fleet of equipment. Therefore, the demand for rental equipment witnessed a spike in Indonesia.The rising investment by the government for the expansion of public infrastructure, such as roads, rail lines, metro, etc., would further augment the need for rental equipment, like excavators, cranes, cherry pickers, etc., during the forecasted year. For instance, in 2019, the government of Indonesia announced an investment of around USD412 billion to expand infrastructures in the country by 2024.
Besides, the development project would include the construction of about 25 airports & new power plants. Thus, the shift in construction activities due to the expansion of residential & commercial buildings and infrastructures is predicted to strongly contribute to the growth of the Indonesia Construction Equipment Rental Market in the upcoming years.
Indonesia Construction Equipment Rental Market Leading Key Players:
PT Coates Hire Indonesia, PT. Madhani Talatah Nusantara, PT. AKTIO Equipment Indonesia, PT. Cakra Indo Pratama Group, PT. Royal Krane Perkasa, PT. Rental Crane Indonesia, PT. Sarana Rintasindah, PT. Marga Maju Mapan, PT. Tanjungsari Prima Sentosa (RIMASA), Others
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Indonesia Construction Equipment Rental Market Segmentation:
Based on Residential
- Accessories (Cable Protection Ramp, Extension Lead, etc.)
- Air Compressor & Accessories
- Building & Renovation
- Climate Control
- Compaction
- Fencing & Roading Solutions
- Floor & Cleaning
- Landscaping
- Lift & Shifts
- Painting & Decoration
- Portable Building
- Portable Shower & Toilets
- Portaloos
- Propping & Structural Support
- Pumps, Shoring & Accessories
- Safety
- Scaffolding & Ladder
- Tarpaulins
- Tools & Equipment
- Tractor & Attachment
- Traffic
- Trailer
- Water Blaster
- Welding
- Access
-- Cherry Picker
-- Knuckle Boom
-- Scissor Lift
-- Telescopic Booms
- Concrete & Masonry
-- Concrete Breaker & Drill
-- Concrete Cutting
-- Concrete Grinder
-- Concrete Mixer & Wheelbarrow
- Crane
-- Mobile cranes
-- Static cranes
- Earthmoving
-- Excavators
-- Loaders
-- Mini excavators
-- Mini skid steer loaders
- Generators & power distribution
-- Generator accessories & cables
-- Portable single phase generator
-- Silenced three phase generators
- Lighting
-- Light set
-- Light tower
-- light tower hydraulic lift
- Plumbing & metal works
-- Bolt cutters
-- Cutters cement board
-- Nibblers
-- Pipe bender
-- Pipe threading machine
Based on Non Residential
- Accessories (Cable Protection Ramp, Extension Lead, etc.)
- Air Compressor & Accessories
- Building & Renovation
- Climate Control
- Compaction
- Fencing & Roading Solutions
- Floor & Cleaning
- Landscaping
- Lift & Shifts
- Painting & Decoration
- Portable Building
- Portable Shower & Toilets
- Portaloos
- Propping & Structural Support
- Pumps, Shoring & Accessories
- Safety
- Scaffolding & Ladder
- Tarpaulins
- Tools & Equipment
- Tractor & Attachment
- Traffic
- Trailer
- Water Blaster
- Welding
- Access
-- Cherry Picker
-- Knuckle Boom
-- Scissor Lift
-- Telescopic Booms
- Concrete & Masonry
-- Concrete Breaker & Drill
-- Concrete Cutting
-- Concrete Grinder
-- Concrete Mixer & Wheelbarrow
- Crane
-- Mobile cranes
-- Static cranes
- Earthmoving
-- Excavators
-- Loaders
-- Mini excavators
-- Mini skid steer loaders
- Generators & power distribution
-- Generator accessories & cables
-- Portable single phase generator
-- Silenced three phase generators
- Lighting
-- Light set
-- Light tower
-- light tower hydraulic lift
- Plumbing & metal works
-- Bolt cutters
-- Cutters cement board
-- Nibblers
-- Pipe bender
-- Pipe threading machine
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Indonesia Construction Equipment Rental Market Geographical Analysis
By Region
- Sumatra
- Java
- Kalimantan
- Lesser Sunda Islands
- Sulawesi
- Maluku Islands
- Western New Guinea
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