What’s Driving the Demand in the Southeast Asia Construction Equipment Rental Market?

Market Overview:

This report presents an extensive evaluation of the Southeast Asia Construction Equipment Rental Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2023 to 2028. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Southeast Asia Construction Equipment Rental Market)

1. Executive Summary
2. Market Definition & Research Methodology
3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
4. Segment Analysis and Geographical Breakdown
5. Competitive Landscape & Strategic Initiatives
6. Regulatory Environment & Policy Factors
7. Growth Forecast Model (2023–2028)
8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Market Key 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 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. For instance,

• In 2022, the Transport Ministry of Thailand announced an investment of around USD42.87 billion to complete nearly 37 infrastructure projects in the country.

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Leading players of Southeast Asia Construction Equipment Rental Market 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
• Others

Southeast Asia Construction Equipment Rental Market Segmentation:

• By Type
  • Earthmoving Equipment
    • Excavator
    • Loader
    • Grader
    • Bulldozer
  • Material Handling Equipment
    • Forklifts
    • Cranes
  • Road Building & Concrete
    • Road Roller
    • Paver

Earthmoving Equipment witnessed significant growth during 2018-22.

• By End Users
  • Residential
  • Commercial & Retail (Hotels, Malls, Theatres, etc.)
  • Healthcare
  • Government & Infrastructure
  • Industrial (Manufacturing Facilities, Power & Utilities, etc.)
  • Others (Education Institutions, Religious Centres, etc.)
• By Country
  • Singapore
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • Philippines
  • Rest of Southeast Asia

Thailand is anticipated to hold the major market share across the region during 2018-22.

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Key Highlights of MarkNtel Advisors' Research Methodology

• MarkNtel Advisors uses a robust methodology for accurate market analysis.
• Research objectives are clearly defined with tailored methodologies for clients.
• A representative sample is selected to ensure reliable data collection.
• Data analysis includes cleaning, statistical evaluations, and validation checks.
• Predictive modeling forecasts trends, and reports include strategic recommendations.

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