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Construction Equipment Market in Indonesia 2014-2018

Reportstack has announced a new market research publication on Construction Equipment Market in Indonesia 2014-2018. The following companies are the key players in Construction Equipment Market in Indonesia: Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Caterpillar Inc., Kobelco Construction Machinery Co. Ltd., AB Volvo, Doosan Heavy Industries and Construction Co. Ltd., and Sany Group Co. Ltd.

“Though several organizations across industries prefer the latest construction equipment technology in order to improve their productivity, several SMEs find it difficult to buy such equipment because of the high cost. In addition, the growing competition among vendors is forcing vendors to differentiate themselves from other vendors by providing innovative and value-added services. Therefore, construction equipment vendors are offering equipment on lease. Hence, some construction equipment vendors have started offering equipment such as excavators, wheel loaders, motor graders, crawler cranes, truck cranes, and truck mounted cranes on a rental basis. This allows cost-driven organizations in developing countries to opt for the latest technology construction equipment at minimal cost, thereby improving their operational productivity. Thus, the option of renting construction equipment encourages customers to use a wide range of construction equipment.”

According to the report, the Construction Equipment market in Indonesia is witnessing many growth drivers including the increasing investment in the Infrastructure industry. The Infrastructure industry in the country is attracting a high level of investment due to various construction projects to develop transportation, housing, and energy infrastructure facilities.

Further, the report states that the increasing cost of construction equipment due to the rising prices of raw materials is one major challenge.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150086/construction-equipment-market-in-indonesia-2014-2018.html