Free Press Release

FaceBook Page Twitter Feed
You are here: Home > Exclusive News > Indonesia Construction Equipment Industry Outlook to 2017 - Hydraulic Excavators and Earthmoving Equipments Gaining Traction

Indonesia Construction Equipment Industry Outlook to 2017 - Hydraulic Excavators and Earthmoving Equipments Gaining Traction

Posted Dec 2, 2014 by kenresearch12
The report titled "Indonesia Construction Equipment Industry Outlook to 2017 – Hydraulic Excavators and Earth moving Equipment Gaining Traction.

FOR IMMEDIATE RELEASE (Press Release) Dec 2, 2014 -- Indonesia Construction Equipment Industry Outlook to 2017 – Hydraulic Excavators and Earthmoving Equipments Gaining Traction” provides a comprehensive analysis of the various aspects such as the market size of the Indonesia construction equipment and segments such as earthmoving and tunneling equipment, mining equipment, building construction equipments, road construction equipment, building material equipment, industry and future outlook of the industry. The report also covers the market shares of major players in Indonesia in excavators, loaders, bulldozers and trucks category.

The construction equipment industry has showcased a stupendous progress over the period of 2006-2012. The growth of the construction equipment market in Indonesia has been driven by a number of factors. The increasing demand for the residential buildings augmented by growing population has been a major growth driver for the revenues of the construction equipment industry. This boom in realty sector has hugely impelled the demand for concrete and building construction equipments. Additionally, surging disposable incomes in the country have provided a strong impetus towards materializing of the luxury projects such as penthouses, villas and others.

Moreover, a substantial growth in the urban population of the country has encouraged organized retail culture in Indonesia. The increasing initiatives of the government in the field of construction have provided a strong impetus to the growth of construction equipment market over the past few years. The Government of Indonesia introduced “MP3EI” plans for the period of 2011-2025 targeted at the improvement of infrastructure scenario of the country, which had a budget of USD ~ billion. In totality, government has identified 21 major construction projects which will change the infrastructural face of the country in the upcoming years. The aforementioned proposed projects will fuel the demand for road construction and concrete material equipments in the upcoming years in Indonesia.

Indonesia construction equipments market features a highly concentrated landscape, with market shares being majorly distributed amongst five leading players that held a 93.3% share of the total construction equipment market revenues in 2012. The market is marked by the presence of the several international players such as Caterpillar, Komatsu Limited, Kobelco Inc. and others, which have substantially expanded their business arms in Indonesian geography, accounting for a large proportion of the market share in construction equipment market.

The construction equipment market is expected to showcase an upward growth trend in the upcoming years. Owing to the increasing rate of urbanization in the country, the realty sector is expected to witness a flourishing growth. This strong wave of growth experienced by the residential construction sector is expected lead to a rapid increase in the revenues of building construction and building material equipments in forthcoming years. Revenues from the construction equipment industry in Indonesia are expected to expand to USD ~ million in FY’2017, growing with a CAGR of 11.5% from FY’2012 to FY’2017.

-- EOF ---
Contact Email :
Issued By : Kenresearch
Website : Market Research Report
Phone : +91 1147017199
Business Address : 109-110, NDM II, Netaji Subhash Place, Pitampura
New Delhi India
Country : India
Categories : Construction, Reports, Research
Tags : Construction equipment market size, Indonesia contruction equipment market, indonesia excavator market statistics, loader sales in indonesia
Last Updated : Dec 2, 2014

New Press News

blog comments powered by Disqus
Popular TagsMore