The Southeast Asia Construction Equipment Rental Market size is valued at USD 7.18 billion in 2024 and is projected to reach USD 10.22 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.06% during the forecast period, i.e., 2025-30.
Southeast Asia Construction Equipment Rental Market Driver:
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. 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.
The soaring investment by construction equipment selling & renting companies & their expansion across the region have been contributing to the Southeast Asia Construction Equipment Rental Market. Therefore, with the rising government investment & the uplifted construction projects across the region, the market demand for rental construction equipment is also anticipated to shoot up during the forecast period.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Southeast Asia Construction Equipment Rental Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Earthmoving Equipment – Market Size & Forecast 2020-2030, (USD Million)
- Excavator – Market Size & Forecast 2020-2030, (USD Million)
- Loader – Market Size & Forecast 2020-2030, (USD Million)
- Grader – Market Size & Forecast 2020-2030, (USD Million)
- Bulldozer – Market Size & Forecast 2020-2030, (USD Million)
- Material Handling Equipment – Market Size & Forecast 2020-2030, (USD Million)
- Forklifts – Market Size & Forecast 2020-2030, (USD Million)
- Cranes – Market Size & Forecast 2020-2030, (USD Million)
- Road Building & Concrete – Market Size & Forecast 2020-2030, (USD Million)
- Road Roller – Market Size & Forecast 2020-2030, (USD Million)
- Paver – Market Size & Forecast 2020-2030, (USD Million)
- Earthmoving Equipment – Market Size & Forecast 2020-2030, (USD Million)
- By End Users
- Residential – Market Size & Forecast 2020-2030, (USD Million)
- Commercial & Retail (Hotels, Malls, Theatres, etc.) – Market Size & Forecast 2020-2030, (USD Million)
- Healthcare – Market Size & Forecast 2020-2030, (USD Million)
- Government & Infrastructure – Market Size & Forecast 2020-2030, (USD Million)
- Industrial (Manufacturing Facilities, Power & Utilities, etc.) – Market Size & Forecast 2020-2030, (USD Million)
- Others (Education Institutions, Religious Centres, etc.) – Market Size & Forecast 2020-2030, (USD Million)
- By Country
- Singapore
- Indonesia
- Malaysia
- Thailand
- Vietnam
- Philippines
- Rest of Southeast Asia
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Nishio Rentall, Kanamoto Co., Ltd., Aktio Co., Ltd., Nikken Corporation, Sumitomo Corporation, PT Coates Indonesia, Tat Hong, Dingchang Group, Ravago Equipment Rentals, Sin Heng Heavy Machinery, Guzent, Chu Kai Co., Ltd, and Others.
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