Growing Infrastructure Encouraged Indonesia Construction Equipment Rental Industry to Achieve Growth at a Rate of 4% by 2028

The rising construction of residential, commercial, and public infrastructure, coupled with the increasing government initiatives and investments, and growing demand for various construction equipment rentals such as mobile cranes, excavators, loaders, etc., are the prominent factors driving the growth of Indonesia Construction Equipment Rental Industry.

Indonesia Construction Equipment Rental Industry Overview 2023-28

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.

The infrastructure segment acquired a considerable market share since the government frequently invested in implementing infrastructure, such as rail lines, airports, roads, etc., to improve connectivity between the cities

The ongoing inclination toward crane rental services propels the exponential growth of construction equipment rental market

The rising construction of buildings and infrastructure drives the growing industry forward

As indicated in the latest market research report published by Markntel Advisors, titled “Indonesia Construction Equipment Rental Market Research Report: Residential (Accessories, Air Compressor & Accessories, Building & Renovation, Climate Control, Compaction, Fencing & Roading Solutions, Floor & Cleaning, Other), Non-Residential (Painting & Decoration, Portable Building, Portable Shower & Toilets, Portaloos, Propping & Structural Support, Pumps, Shoring & Accessories, Safety, Other), Infrastructure (Safety, Scaffolding & Ladder, Tarpaulins, Tools & Equipment, Tractor & Attachment, Traffic, Trailer, Water Blaster, other), Logistics & Warehousing (Welding, Access, Concrete & Masonry, Crane, Earthmoving, other) Forecast (2023-2028)”, the concerned report comprises an in-depth analysis of the market, featuring insights into the Indonesia construction equipment rental market.

Top Construction Equipment Rental Companies Essentially Operating in Indonesian Market

• PT Coates Hire Indonesia,
• Madhani Talatah Nusantara,
• AKTIO Equipment Indonesia,
• Cakra Indo Pratama Group,
• Royal Krane Perkasa,
• Rental Crane Indonesia,
• Sarana Rintasindah,
• Marga Maju Mapan,
• Tanjungsari Prima Sentosa (RIMASA), and Others

Geographical Insights: Java Region Holds the Largest Revenue in Indonesia Construction Equipment Rental Market

Geographically, the market is expanded across, Sumatra, Java, Kalimantan, Lesser Sunda Islands, Sulawesi Maluku Islands, and Western New Guinea, this is owing to the government has also invested in various projects for the expansion of public infrastructures, such as the construction of roads, toll roads, railways, etc. This, in turn, would elevate the demand graph, further encouraging the Indonesia Construction Equipment Rental Market.

Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & Indonesia construction equipment rental adoption?
5. How has the competition been shaping up across the country?
6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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