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Indonesia mobile crane market size will be valued at USD 315.1 million by 2027, growing at a compound annual growth rate (CAGR) of 14.06% by volume during 2021-2027
INDONESIA MOBILE CRANE MARKET INSIGHTS
- Government investment in power generation through renewable energy projects is fueling the growth of the mobile crane market in Indonesia.
- The manufacturing of stainless steel is expected to rise due to the increase in the number of Chinese companies setting up their manufacturing plants in Indonesia.
- Growth in the mining sector in Indonesia due to the rise in demand for nickel and tin leads to a surge in sales of mobile crane and hoist market in Indonesia.
KEY HIGHLIGHTS IN THE REPORT
- Indonesia to Develop 89 New Strategic Projects of an Estimated USD 99 billion quadrillion between 2020-2024. This will fuel the growth of the mobile crane market in Indonesia.
- In Indonesia, the mobile crane rental market is growing rapidly. With the rise in construction activities in Indonesia, end-users prefer to have rental equipment as it is more cost-efficient.
The report considers the present scenario of the Indonesia crane market and market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Indonesia crane market.
INDONESIA MOBILE CRANE MARKET SEGMENTATION
- There is a rise in demand for nickel and tin in the global market, which is the driving force for the growth of the mining industry in Indonesia. Therefore, demand for a crawler crane is expected to rise due to growth in the mining industry.
- Indonesia government is investing in wind energy generation projects such as the Sukabumi wind farm project for achieving the goal of becoming carbon neutral by 2050. These projects can drive demand for the rough terrain crane market in Indonesia.
Segmentation by Crane Type
- Rough Terrain Crane
- All Rough Terrain Cranes
- Crawler Crane
- Truck Mounted Cranes
- Others
Segmentation by Application
- Transport/Port
- Manufacturing
- Mining
- Construction
- Others
Segmentation by Lifting Capacity
- Less than 20 Tons
- 20-100 Tons
- 101-200 Tons
- Greater than 200 Tons
VENDOR LANDSCAPE
Indonesia is import oriented market for cranes. Some original equipment manufacturers, such as Sany, have their manufacturing units in Indonesia. Some OEMs such as Tadano and Terex corporation hire third parties such as United tractor and PT Berlian Cranserco, respectively, to distribute and sell its product. OEMs can partner with a local distributor to sell their project.
Major Vendors
- Tadano Ltd
- Manitex International, Inc
- Manitowoc Cranes
- Sani Group
- Kobelco Cranes
- Liebherr group
- Konecranes
- Zoomlion Heavy Industry Science & Technology Co., Ltd
- Terex corporation
- Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
Other Prominent Vendors
- Mammoet
- Sumitomo Heavy Industries
- Link-Belt Cranes
- LiuGong
- Kato Works
Distributors
- TAT Hong Holdings Ltd
- United Tractors
- Multicrane Perkasa.PT
WHY SHOULD YOU BUY THIS REPORT?
This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:
- Volume (Unit sales)
- Crane Type
- Application
- Gross Power
- Value (USD)
- Crane Type
- Application
- Gross Power
- Gain competitive intelligence about the economic scenario, advantages in Indonesia major projects and investments, dynamics, and market share
- Examples of latest technologies
- Get presentation-ready format and easy-to-interpret data
- Enable decision-makers to make informed and profitable choices
- Gain expert quantitative and qualitative analysis on value/volume growth projections of the Indonesia crane market share
- Complete supply chain analysis
- Get COVID-19 impact analysis of the market
- Company Profile of 9 key vendors and 5 other prominent vendors
KEY QUESTIONS ANSWERED:
1. How big is the Indonesian mobile crane market?2. What are the latest trends in the Indonesia mobile crane market?
3. Who are the key players in the Indonesia mobile crane industry?
4. What are the key opportunities in the mobile crane industry in Indonesia?
5. What are the different types of mobile cranes covered in the research report?
6. What are the factors driving the mobile cranes market in Indonesia?
Table of Contents
Companies Mentioned
- Tadano Ltd
- Manitex International, Inc
- Manitowoc Cranes
- Sani Group
- Kobelco Cranes
- Liebherr group
- Konecranes
- Zoomlion Heavy Industry Science & Technology Co., Ltd
- Terex corporation
- Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
- Mammoet
- Sumitomo Heavy Industries
- Link-Belt Cranes
- LiuGong
- Kato Works
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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