Southeast Asia Construction Equipment Rental Market Report 2022

Market Analysis and Insights: Southeast Asia Market

According to our research, the Southeast Asia construction equipment rental market size is estimated to be worth US$ 7,061.2 million in 2021 and is forecast to a readjusted size of US$ 11,782.3 million by 2028 with a CAGR of 7.51% during the review period.

Geographically，Indonesia is the ASEAN’s largest construction equipment rental market, reached to US$ 2,428.7 million in 2021, enjoyed about 34.40% in ASEAN market. Philippines and Vietnam is also the notable markets with large-scale infrastructure investment activities, holds 14.80% and 11.40% market share respectively, CAGR is 7.17 % and 10.96 % for the next 6-year period.

Based on the product type, the construction equipment rental is primarily split into material handling and cranes, earth moving machinery, etc. In 2021, Earth Moving Machinery segment accounted for a share of 44.68% in the Southeast Asia market. And this product segment is poised to reach US$ 11,782.3 million by 2028 from US$ 7,061.2 million in 2021; followed by material handling and cranes, which seeing fast growing demand, expect with a CAGR of 8.55% in forecast period.

In Southeast Asia, the key players of construction equipment rental include Nishio Rentall, Aktio Co., Ltd., Nikken Corporation, Tat Hong, Dingchang Group, Superkrane Equipments, Ravago Equipment Rentals, Kanamoto Co., Ltd., and Sin Heng Heavy Machinery, etc. In 2021, the Southeast Asia top five players have a share approximately 4.47% in terms of revenue.

Southeast Asia Scope and Market Size

Construction equipment rental market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the Southeast Asia market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.

By Company

Nishio Rentall

Aktio Co., Ltd.

Nikken Corporation

Tat Hong

Dingchang Group

Superkrane Equipments

Ravago Equipment Rentals

Kanamoto Co., Ltd.

Sin Heng Heavy Machinery

Aver Asia

Guzent

SCMC

PT Uniteda Arkato

Chu Kai Co., Ltd

Segment by Type

Earth Moving Machinery

Material Handling and Cranes

Foundation Working Machinery

Others

Segment by Application

Building

Infrastructure

Others

Segment by Country/Region

Indonesia

Philippines

Thailand

Malaysia

Vietnam

Other Countries