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. Equipments such
as excavators, dumper trucks, bulldozers, loaders, construction trucks are
amongst the chief equipments in earthmoving category. These equipments
contribute the largest proportion of market revenues of the overall
construction equipment market.
In 2012, earthmoving and tunneling equipment market witnessed
a stupendous growth of 2.6% in its revenues compared to the preceding year.
Increasing urbanization and commercialization in the country has encouraged the
development of construction projects which propelled the demand for earthmoving
and tunneling equipments in the country. The
growing traction of leading international OEMs
further fuelled the construction market’s healthy growth, thereby
impelling the demand for construction equipment market in Indonesia. The revenues
of construction equipment market in Indonesia has grown at a healthy CAGR of 12.5%
from USD 2,074.8 million in 2006 to USD ~ million in 2012.
According to the research report “Indonesia Construction Equipment Industry Outlook
to 2017 – Hydraulic Excavators and Earthmoving Equipments Gaining Traction”
by Ken Research, the Indonesia construction equipment market would grow at a
considerable CAGR, exceeding USD 7,254.5 million by 2017
due to unprecedented growth in Indonesia realty and construction sectors.
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.
The report provides detailed overview on the construction
equipment market across the geography of Indonesia and aids the readers to
identify the ongoing trends in the industry and anticipated growth in future
depending upon changing industry dynamics in coming years. The report will help
industry consultants, construction equipment manufacturers, building
contractors and other stakeholders align their market centric strategies
according to ongoing and expected trends in future.
For More Detail Please Click On The Following Link :
http://www.kenresearch.com/mining-construction-infrastructure/construction-industry/indonesia-construction-equipment-market-research-report/423-97.html
Contact Person : Ankur Gupta
Designation : Head – Marketing & Communication
E-mail : ankur@kenresearch.com
Contact : 01147017199, +91 9015378249
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