Market Research Report

Indonesia Construction Equipment Rental Market Research Report: Forecast (2023-2028)

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), By Region (Sumatra, Java, Kalimantan, Lesser Sunda Islands, Sulawesi, Maluku Islands, Western New Guinea), By Company (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) Read more

  • Buildings, Construction, Metals & Mining
  • Oct 2023
  • 122
  • BM10213

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.

Market Insights & Projections: Indonesia Construction Equipment Rental Market (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, owing to the rising construction of residential, commercial, and public infrastructures. The development of commercial buildings such as 5-star & 7-star hotels, resorts, and retail malls have risen due to the growing tourism in Indonesia, which further ignited the construction activities & hence led to the considerable demand for construction equipment rental such as earthmoving, concrete & masonry, crane, etc.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 4.82%
Region Covered Sumatra, Java, Kalimantan, Lesser Sunda Islands, Sulawesi, Maluku Islands, Western New Guinea,
Key Companies Profiled 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
Market Value (2022) USD 3.03 Billion

 

According to the Statistics Bureau of Indonesia, the country received approximately 2.5 million tourists in the first quarter of 2023 & is estimated to reach more than 7 million compared to 5.5 million tourists for the entire 2022. Some of the recent developments of hotels & infrastructures in Indonesia that have boosted the demand for construction equipment rental, such as earthmoving, landscaping, pumps, shoring & accessories, etc., are as follows:

  • In 2022, IHG Hotels & Resorts collaborated with PT Pancaran Kreasi Adiprima to launch a luxury hotel brand, InterContinental Hotels & Resorts, in Bali, Indonesia.

Moreover, the Indonesian government’s initiatives & investments to strengthen the nation’s transportation system have also stimulated the demand for various construction equipment rentals, such as mobile cranes, excavators, loaders, etc., during the forecast period.


Indonesia Construction Equipment Rental Market Research Report: Forecast (2023-2028)

Indonesia Construction Equipment Rental Market 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 Trend:

Expansion of Crane Rental Services – The surging infrastructure development activities have been supported by the government, in line with its objective of developing all regions & not only the main island of Java. Better connectivity to brace the soaring incoming leisure tourism & the government's aim to make the country a hotspot destination for healthcare tourism has been the major reasons for the investments in infrastructure development.

Thus, to satiate the booming infrastructure development, primarily roads, highways, rail lines, airports, etc., a sudden boom in demand for cranes has been observed. Hence, the requirement for cranes has increased, owing to which many equipment rental companies have solely started offering cranes on rental basis.

Indonesia Construction Equipment Rental Market (2023-28): Segmentation Analysis

The Indonesia Construction Equipment Rental Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023-2028 at the national & country levels. Based on the analysis, the market has been further classified as:

Based on End Users:

  • Residential
  • Non-residential
  • Infrastructure
  • Logistics & Warehousing

Infrastructure acquired a significant market share as the government consistently invested in establishing infrastructure, such as rail lines, airports, roads, etc., to improve connectivity between the cities. In 2016, Indonesia announced it would build a high-speed railway network of approximately 150km between Jakarta & Bandung.

The project was scheduled for completion by 2020 but was delayed due to the COVID-19 outbreak & was being rescheduled to 2023. The project included an investment of around USD6.07 billion & it would cover four railway stations from source to destination. Therefore, the growing investments by the government for an enhanced transportation system in the country would prevail over the demand for construction equipment rental & crane rental during the forecast period.

Indonesia Construction Equipment Rental Market (2023-28): Regional Analysis

Geographically, the Indonesia Construction Equipment Rental Market expands across:

  • Sumatra
  • Java
  • Kalimantan
  • Lesser Sunda Islands
  • Sulawesi
  • Maluku Islands
  • Western New Guinea

Java region experienced the fastest growth in the Construction Equipment Rental Market due to the highest level of construction activities taking place in the region. The region also generates the maximum GDP that contributes to the expansion of infrastructures & buildings. In 2019, Australian developer Crown Group declared to build a residential project on the waterfront of Jakarta. The project included 2000 luxury homes, of which 800 homes are expected to be completed by 2024.

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 during 2023-28.

Gain a Competitive Edge with Our Indonesia Construction Equipment Rental Market Report

  1. Indonesia Construction Equipment Rental Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  3. Indonesia Construction Equipment Rental Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The Indonesia Construction Equipment Rental Market is projected to grow at a CAGR of around 4.82% during 2023-28.

   A. Rising construction of buildings & infrastructures is expected to drive the Indonesia Construction Equipment Rental Market during 2023-28.

   A. 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), PT Berlian Amal Perkasa, PT Hexindo Adiperkasa Tbk, PT UnityOne Prima Nusantara, PT Aver Asia Indonesia, PT Sacindo Machinery, Probesco Kanamoto Indonesia, PT Aneka Raya Konstruksi Mesindo, and others are the top players in the Indonesia Construction Equipment Rental Market.

   A. Infrastructure is the leading segment in the Indonesia Construction Equipment Rental Market.

   A. Java region would present growth prospects in the Indonesia Construction Equipment Rental Market during 2023-28.

   A. The expansion of crane rental services is the key trend shaping the growth of the Indonesia Construction Equipment Rental Market.

   A. The construction of new capital city in the country is an opportunity driving the Indonesia Construction Equipment Rental Market through 2028.

   A. The shortage of skilled is the possible restraint affecting the growth of the Indonesia Construction Equipment Rental Market.

Indonesia Construction Equipment Rental Market Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Indonesia Construction Equipment Rental Market Trends & Insights
  5. Indonesia Construction Equipment Rental Market Foreign Direct Investments
  6. Indonesia Vs Global Construction Equipment Rental Market- A Critical Comparison
  7. Indonesia Construction Equipment Rental Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  8. Indonesia Construction Equipment Rental Market Porters Five Forces Analysis
  9. Indonesia Construction Equipment Rental Market Hotspots & Opportunities
  10. Indonesia Construction Equipment Rental Market Value Chain Analysis
  11. Indonesia Construction Equipment Rental Market Regulations & Policy
    1. Import Regulations for Construction Equipment (Used & Fresh)
    2. Import Tariffs
    3. Sustainability Developments Goals with Direct or Indirect Impact on C&C Market
  12. Indonesia Construction Equipment Rental Market Customer Analysis
    1. Key Criteria for Customers to Obtain Equipment on Rent from Rental Companies 
    2. Decision Making Flow
      1. Who Make the Decision (Consider Dynamics Like Costs Vs Decision Making Authority?
  13. Indonesia Construction Equipment Rental Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. Residential- Market Size & Forecast (2018-2028) in USD Million
        1. Accessories (Cable Protection Ramp, Extension Lead, etc.)
        2. Air Compressor & Accessories
        3. Building & Renovation
        4. Climate Control
        5. Compaction
        6. Fencing & Roading Solutions
        7. Floor & Cleaning
        8. Landscaping
        9. Lift & Shifts
        10. Painting & Decoration
        11. Portable Building
        12. Portable Shower & Toilets
        13. Portaloos
        14. Propping & Structural Support
        15. Pumps, Shoring & Accessories
        16. Safety
        17. Scaffolding & Ladder
        18. Tarpaulins
        19. Tools & Equipment
        20. Tractor & Attachment
        21. Traffic
        22. Trailer
        23. Water Blaster
        24. Welding
        25. Access
          1. Cherry Picker
          2. Knuckle Boom
          3. Scissor Lift
          4. Telescopic Booms
        26. Concrete & Masonry
          1. Concrete Breaker & Drill
          2. Concrete Cutting
          3. Concrete Grinder
          4. Concrete Mixer & Wheelbarrow
        27. Crane
          1. Mobile cranes
          2. Static cranes
        28. Earthmoving
          1. Excavators
          2. Loaders
          3. Mini excavators
          4. Mini skid steer loaders
        29. Generators & power distribution
          1. Generator accessories & cables
          2. Portable single phase generator
          3. Silenced three phase generators
        30. Lighting
          1. Light set
          2. Light tower
          3. light tower hydraulic lift
        31. Plumbing & metal works
          1. Bolt cutters
          2. Cutters cement board
          3. Nibblers
          4. Pipe bender
          5. Pipe threading machine
      2. Non Residential- Market Size & Forecast (2018-2028) in USD Million
        1. Accessories (Cable Protection Ramp, Extension Lead, etc.)
        2. Air Compressor & Accessories
        3. Building & Renovation
        4. Climate Control
        5. Compaction
        6. Fencing & Roading Solutions
        7. Floor & Cleaning
        8. Landscaping
        9. Lift & Shifts
        10. Painting & Decoration
        11. Portable Building
        12. Portable Shower & Toilets
        13. Portaloos
        14. Propping & Structural Support
        15. Pumps, Shoring & Accessories
        16. Safety
        17. Scaffolding & Ladder
        18. Tarpaulins
        19. Tools & Equipment
        20. Tractor & Attachment
        21. Traffic
        22. Trailer
        23. Water Blaster
        24. Welding
        25. Access
          1. Cherry Picker
          2. Knuckle Boom
          3. Scissor Lift
          4. Telescopic Booms
        26. Concrete & Masonry
          1. Concrete Breaker & Drill
          2. Concrete Cutting
          3. Concrete Grinder
          4. Concrete Mixer & Wheelbarrow
        27. Crane
          1. Mobile cranes
          2. Static cranes
        28. Earthmoving
          1. Excavators
          2. Loaders
          3. Mini excavators
          4. Mini skid steer loaders
        29. Generators & power distribution
          1. Generator accessories & cables
          2. Portable single phase generator
          3. Silenced three phase generators
        30. Lighting
          1. Light set
          2. Light tower
          3. light tower hydraulic lift
        31. Plumbing & metal works
          1. Bolt cutters
          2. Cutters cement board
          3. Nibblers
          4. Pipe bender
          5. Pipe threading machine
      3. Infrastructure- Market Size & Forecast (2018-2028) in USD Million
        1. Accessories (Cable Protection Ramp, Extension Lead, etc.)
        2. Air Compressor & Accessories
        3. Building & Renovation
        4. Climate Control
        5. Compaction
        6. Fencing & Roading Solutions
        7. Floor & Cleaning
        8. Landscaping
        9. Lift & Shifts
        10. Painting & Decoration
        11. Portable Building
        12. Portable Shower & Toilets
        13. Portaloos
        14. Propping & Structural Support
        15. Pumps, Shoring & Accessories
        16. Safety
        17. Scaffolding & Ladder
        18. Tarpaulins
        19. Tools & Equipment
        20. Tractor & Attachment
        21. Traffic
        22. Trailer
        23. Water Blaster
        24. Welding
        25. Access
          1. Cherry Picker
          2. Knuckle Boom
          3. Scissor Lift
          4. Telescopic Booms
        26. Concrete & Masonry
          1. Concrete Breaker & Drill
          2. Concrete Cutting
          3. Concrete Grinder
          4. Concrete Mixer & Wheelbarrow
        27. Crane
          1. Mobile cranes
          2. Static cranes
        28. Earthmoving
          1. Excavators
          2. Loaders
          3. Mini excavators
          4. Mini skid steer loaders
        29. Generators & power distribution
          1. Generator accessories & cables
          2. Portable single phase generator
          3. Silenced three phase generators
        30. Lighting
          1. Light set
          2. Light tower
          3. light tower hydraulic lift
        31. Plumbing & metal works
          1. Bolt cutters
          2. Cutters cement board
          3. Nibblers
          4. Pipe bender
          5. Pipe threading machine
      4. Logistics & Warehousing- Market Size & Forecast (2018-2028) in USD Million
        1. Accessories (Cable Protection Ramp, Extension Lead, etc.)
        2. Air Compressor & Accessories
        3. Building & Renovation
        4. Climate Control
        5. Compaction
        6. Fencing & Roading Solutions
        7. Floor & Cleaning
        8. Landscaping
        9. Lift & Shifts
        10. Painting & Decoration
        11. Portable Building
        12. Portable Shower & Toilets
        13. Portaloos
        14. Propping & Structural Support
        15. Pumps, Shoring & Accessories
        16. Safety
        17. Scaffolding & Ladder
        18. Tarpaulins
        19. Tools & Equipment
        20. Tractor & Attachment
        21. Traffic
        22. Trailer
        23. Water Blaster
        24. Welding
        25. Access
          1. Cherry Picker
          2. Knuckle Boom
          3. Scissor Lift
          4. Telescopic Booms
        26. Concrete & Masonry
          1. Concrete Breaker & Drill
          2. Concrete Cutting
          3. Concrete Grinder
          4. Concrete Mixer & Wheelbarrow
        27. Crane
          1. Mobile cranes
          2. Static cranes
        28. Earthmoving
          1. Excavators
          2. Loaders
          3. Mini excavators
          4. Mini skid steer loaders
        29. Generators & power distribution
          1. Generator accessories & cables
          2. Portable single phase generator
          3. Silenced three phase generators
        30. Lighting
          1. Light set
          2. Light tower
          3. light tower hydraulic lift
        31. Plumbing & metal works
          1. Bolt cutters
          2. Cutters cement board
          3. Nibblers
          4. Pipe bender
          5. Pipe threading machine
    3. By Region
      1. Sumatra
      2. Java
      3. Kalimantan
      4. Lesser Sunda Islands
      5. Sulawesi
      6. Maluku Islands
      7. Western New Guinea
    4. By Competition
      1. Competition Characteristics
      2. Leading Players & Their Market Share
  14. Indonesia Construction Equipment Rental Strategic Imperatives for Growth & Success
  15. Competition Outlook
    1. Company Profile
      1. PT Coates Hire Indonesia
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. PT. Madhani Talatah Nusantara
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. PT. AKTIO Equipment Indonesia
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. PT. Cakra Indo Pratama Group
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. PT. Royal Krane Perkasa
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. PT. Rental Crane Indonesia
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. PT. Sarana Rintasindah
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. PT. Marga Maju Mapan
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. PT. Tanjungsari Prima Sentosa (RIMASA)
        1. Business Description
        2. Rental Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Others
  16. Disclaimer


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