Construction equipment sales in Indonesia are expected to exceed 17,000 units this year, following a third successive year of growth. This will take demand to more than twice what it was in the recent low point of 2015. This volume of equipment sales makes Indonesia by far the largest equipment market of the Association of Southeast Asian Nations (ASEAN) bloc.
Although demand is expected to be somewhat volatile over the next few years, Off-Highway Research’s new report, The Construction Equipment Industry in Indonesia, forecasts that demand will remain between around 12,500 and 17,500 units up to 2022.
Investment in the mining sector has been a key driver of the recent growth in equipment sales. Construction has also played a part and is expected to continue to do so. However, the 2019 Presidential election is expected to cause a hiatus in spending.
As well as being a large market, Indonesia is also an important manufacturing base, particularly for crawler excavators. In addition, compaction equipment, crawler dozers, dump trucks and motor graders are manufactured in Indonesia, making it an important country for component suppliers. The high population of equipment – Off-Highway puts this at more than 115,000 construction machines plus a further 20,000 agricultural tractors – also makes it a significant country for companies active in the equipment aftermarket.
Off-Highway Research’s new 220 page report, The Construction Equipment Industry in Indonesia, is now available to buy from www.offhighway-store.com. The study includes coverage of 17 equipment types and discusses the market size, market shares, production & component sourcing where applicable, distribution, machine population and models available in Indonesia, as well as providing five-year sales forecasts.
There is also an extensive manufacturer and distributor profile section, covering the major participants in the industry, along with background information on the Indonesian economy and its growth drivers.
All sections included detailed data tables and in-depth analysis of trends. The report is in .pdf format, with all data tables provided in Excel format.
An update on Off-Highway Research’s best-selling 2015 study on Indonesia, this latest report is believed to be the most extensive and in-depth study ever produced on the country’s construction equipment industry. The Construction Equipment Industry in Indonesia can help OEMs, component suppliers and aftermarket participants alike identify growth opportunities for the profitable expansion of their businesses.