Southeast Asia Construction Equipment Rental Market - Industry Trends and Forecast to 2028
MarkNtel Advisors, a prominent market research firm, has recently published a report titled Southeast Asia Construction Equipment Rental Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Southeast Asia Construction Equipment Rental market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and Country while spotlighting the most recent developments in the market.
Southeast Asia Construction Equipment Rental Reports Highlights
What is the size of the Southeast Asia Construction Equipment Rental Market?
The Southeast Asia Construction Equipment Rental market is projected to grow at a CAGR of around 7.52% during the forecast period, i.e., 2023-28. The major factors responsible for the market growth of construction equipment rentals across the region are the rising construction of the residential sector in countries like Indonesia, Malaysia, etc. A rise in urbanization, coupled with population growth, has led to a significant increase in residential construction in these countries. The construction of several residential projects that started in 2021, in Malaysia, such as Oakwood Premier Kuala Lumpur, Merdeka 118, etc., has boosted the requirement for construction equipment across the country.
What do the growth prospects and trends look like in the Southeast Asia Construction Equipment Rental Industry?
Expanding Government Infrastructure Projects Across the Region – The rising government investments across the region to improve roads transport infrastructures have been uplifting the demand for rental construction equipment during 2018-2022. The increasing support from the government of different countries, like Vietnam, Indonesia, Thailand, etc., for the construction of infrastructure projects energy projects is required to upscale the country's economy.
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What Components are encompassed within Southeast Asia Construction Equipment Rental Market segmentation?
The report has divided the market into the following segments:
By Type
-Earthmoving Equipment – Market Size Forecast 2018-2028, (USD Million)
--Excavator – Market Size Forecast 2018-2028, (USD Million)
--Loader – Market Size Forecast 2018-2028, (USD Million)
--Grader – Market Size Forecast 2018-2028, (USD Million)
--Bulldozer – Market Size Forecast 2018-2028, (USD Million)
-Material Handling Equipment – Market Size Forecast 2018-2028, (USD Million)
--Forklifts – Market Size Forecast 2018-2028, (USD Million)
--Cranes – Market Size Forecast 2018-2028, (USD Million)
-Road Building Concrete – Market Size Forecast 2018-2028, (USD Million)
--Road Roller – Market Size Forecast 2018-2028, (USD Million)
--Paver – Market Size Forecast 2018-2028, (USD Million)
By End Users
-Residential – Market Size Forecast 2018-2028, (USD Million)
-Commercial Retail (Hotels, Malls, Theatres, etc.) – Market Size Forecast 2018-2028, (USD Million)
-Healthcare – Market Size Forecast 2018-2028, (USD Million)
-Government Infrastructure – Market Size Forecast 2018-2028, (USD Million)
-Industrial (Manufacturing Facilities, Power Utilities, etc.) – Market Size Forecast 2018-2028, (USD Million)
-Others (Education Institutions, Religious Centres, etc.) – Market Size Forecast 2018-2028, (USD Million)
By Country
-Singapore
-Indonesia
-Malaysia
-Thailand
-Vietnam
-Philippines
-Rest of Southeast Asia.
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Who are the Primary Companies or Entities active in the Industry?
The report covers the major market players including:
Nishio Rentall
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Kanamoto Co., Ltd.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Aktio Co., Ltd.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Nikken Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Sumitomo Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
PT Coates Indonesia
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Tat Hong
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Dingchang Group
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Ravago Equipment Rentals
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Sin Heng Heavy Machinery
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Guzent
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others
Chu Kai Co., Ltd
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Development
-Financial Details
-Others.
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