Construction Market in Indonesia to Grow at a CAGR of 10.9% over the Period 2015-2019: MarketResearchReports.biz

The Report Construction Market in Indonesia 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

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Albany, NY -- (SBWire) -- 07/23/2015 --About Construction Equipment Market in Indonesia

Construction equipment refers to tools and equipment that are specially designed for executing construction tasks, mainly earthwork operations. This equipment offers an efficient, accurate, easy, and cost-effective method for the construction of complex and high-quality infrastructure.

The growing construction activities in Indonesia is boosting the construction equipment market in the country. While urbanization is encouraging the development of infrastructure, an increase in disposable income is driving the demand for residential and commercial property in the country, thereby propelling the demand for construction equipment. However, there are certain growth inhibitors for the market in Indonesia. Raw materials such as steel availability (import increased from 3.4 million tons in 2009 to over 8 million tons in 2013), high fuel price, and poor transport infrastructure are some of the major challenges curtailing the market growth.

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TechNavio's analysts forecast the construction equipment market in Indonesia to grow at a CAGR of 10.9% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the construction equipment market in Indonesia for the period 2015-2019. The report presents five key vendors and a detailed analysis of these vendors.

Technavio's report, Construction Equipment Market in Indonesia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Vendors:
Caterpillar
JCB
Liebherr
Sany Group
Volvo Construction Equipment

Other Prominent Vendors:
PT Komatsu Indonesia
Sumitomo Construction Machinery
Zoomlion Heavy Industry Science & Technology

Market Driver:
Rise in Urbanization
For a full, detailed list, view our report

Market Challenge:
Lack of Skilled Workforce
For a full, detailed list, view our report

Market Trend:
Increase in Equipment Rental Services
For a full, detailed list, view our report

Key Questions Answered in this Report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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