Indonesia Construction Equipment Rental Market Size & Insights
According to MarkNtel Advisors study The future of Indonesia Construction Equipment Rental Market size is valued at USD 389.6 million in 2024 and is projected to reach USD 599.26 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.44% during the forecast period, i.e., 2025-30.
What are the Key Driver in the Indonesia Construction Equipment Rental Market?
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.
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.
What are the Key Segments in the Indonesia Construction Equipment Rental Market?
The Indonesia Construction Equipment Rental is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
o Residential- Market Size & Forecast (2020-2030) in USD Million
§ Accessories (Cable Protection Ramp, Extension Lead, etc.)
§ Air Compressor & Accessories
§ Building & Renovation
§ Climate Control
§ Compaction
§ Fencing & Roading Solutions
§ Floor & Cleaning
§ Landscaping
§ Lift & Shifts
§ Painting & Decoration
§ Portable Building
§ Portable Shower & Toilets
§ Portaloos
§ Propping & Structural Support
§ Pumps, Shoring & Accessories
§ Safety
§ Scaffolding & Ladder
§ Tarpaulins
§ Tools & Equipment
§ Tractor & Attachment
§ Traffic
§ Trailer
§ Water Blaster
§ Welding
§ Access
· Cherry Picker
· Knuckle Boom
· Scissor Lift
· Telescopic Booms
§ Concrete & Masonry
· Concrete Breaker & Drill
· Concrete Cutting
· Concrete Grinder
· Concrete Mixer & Wheelbarrow
§ Crane
· Mobile cranes
· Static cranes
§ Earthmoving
· Excavators
· Loaders
· Mini excavators
· Mini skid steer loaders
§ Generators & power distribution
· Generator accessories & cables
· Portable single phase generator
· Silenced three phase generators
§ Lighting
· Light set
· Light tower
· light tower hydraulic lift
§ Plumbing & metal works
· Bolt cutters
· Cutters cement board
· Nibblers
· Pipe bender
· Pipe threading machine
o Non Residential- Market Size & Forecast (2020-2030) in USD Million
§ Accessories (Cable Protection Ramp, Extension Lead, etc.)
§ Air Compressor & Accessories
§ Building & Renovation
§ Climate Control
§ Compaction
§ Fencing & Roading Solutions
§ Floor & Cleaning
§