Southeast Asia Construction Equipment Rental Market 2030: Size, Growth Drivers & Competitive Landscape

 

Future Southeast Asia Construction Equipment Rental Market: Key Dynamics, Size & Share Analysis

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.

Top Challenges Impacting the Southeast Asia Construction Equipment Rental Market Growth

Volatile Rents of Construction Equipment to Hamper Market Growth – The volatile cost of renting construction equipment has led to frequent shifting of customer base from one company to the other, which highly affects the companies' overall revenue. Further, the increasing number of small local players & contractors across the region, who are offering construction equipment on rent at a comparatively lower cost, affects the overall market demand of existing players & affects market revenue.

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Understanding the Core Segments in the Southeast Asia Construction Equipment Rental Market

Southeast Asia Construction Equipment Rental Market Size, Share & Industry Trends Analysis- By Type (Earthmoving Equipment, Excavator, Loader, Grader, Bulldozer), Material Handling Equipment, (Forklifts, Cranes), Road Building & Concrete, (Road Roller, Paver)), 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) By Company (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.

Geographical Analysis of the Southeast Asia Construction Equipment Rental Market

  • Singapore
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • Philippines
  • Rest of Southeast Asia

Thailand is anticipated to hold the major market share across the region during the historical years.

 

Who Dominates the Southeast Asia Construction Equipment Rental Market Insights on Key Industry Players?

Companies are strengthening their presence in the Southeast Asia Construction Equipment Rental market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • 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

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