Latest news with #constructionindustry
Globe and Mail
6 days ago
- Business
- Globe and Mail
Indonesia Construction Equipment Market Sales to Reach by 25.43 Thousand units by 2030, Backed by Infrastructure Investments and Smart Tech Adoption
"Indonesia Construction Equipment Market Research Report by Arizton" The Industry Analysis Report Provides Market Trends, Drivers, Opportunities, Competitive Outlook, Market Size, Sales, and Growth Forecast for 2025-2030. Arizton's latest research reveals that Indonesia's construction equipment market is set to reach 25.43 thousand units by 2030, growing at a CAGR of 4.12% during 2024–2030. Supported by rising infrastructure investments, a shift toward digital and sustainable machinery, and stable economic growth, the market is gaining strong traction across sectors including construction, mining, and manufacturing. In Q1 2025 alone, the Indonesian economy grew by 4.8% year-over-year, with the construction sector expanding by 2.1%, reinforcing demand for earthmoving and material-handling equipment. Report Summary: Market Size- Volume (2030): 25.43 Thousand Units Market Size- Volume (2024): 19.96 Thousand Units CAGR- Volume (2024-2030): 4.12% Market Size- Revenue (2030): USD 1.79 Billion Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Equipment Type: Earthmoving Equipment, Road Construction Equipment, Material Handling Equipment, and Other Equipment End-Users: Construction, Mining, Manufacturing, and Others Indonesia's Construction Equipment Market Advances with Surge in Smart, Automated Machinery Indonesia's construction equipment market is undergoing a steady shift toward digitalization, with increasing adoption of advanced technologies such as IoT, artificial intelligence (AI), and automation. These innovations are being integrated into modern machinery to enhance operational efficiency and uptime. Real-time performance monitoring and predictive maintenance are helping manufacturers reduce equipment downtime and optimize productivity. Automated machinery, like smart excavators and loaders is also being deployed in large-scale infrastructure projects, improving both efficiency and on-site safety. In 2025, major players are responding to this shift with next-gen equipment launches. PT Indotruck Utama introduced the Volvo EC210 excavator, designed with the latest digital features and an ergonomic build. This model enhances fuel efficiency and performance, meeting the market's growing demand for smarter, high-output equipment. Key Highlights – Indonesia Construction Equipment Market 2024 Earthmoving equipment accounted for the largest share in 2024, led by high demand for 20-ton and 4.5-ton excavators. Infrastructure investment remains a key growth driver, especially in toll roads, airports, ports, and housing. Major distributors include United Tractors, PT Hexindo Adiperkasa, Intraco Penta, and Traktor Nusantara. Earthmoving remains the most in-demand segment, with wheel loaders, dump trucks, and concrete mixers also showing strong performance. Indonesia Launches $12.3 Billion Infrastructure Drive, Boosting Construction Equipment Demand The Indonesian government is launching a major infrastructure program valued at nearly $12.3 billion, inviting global investors to take part in key projects across roads, housing, food, and renewable energy. As part of this initiative, 46 priority projects have been opened to foreign investment, including major toll road developments. This growing public investment is expected to increase demand for construction equipment, as the national strategic program involves building toll roads, ports, airports, and other essential public facilities that rely on heavy machinery throughout the construction process. Projects like the Trans Sumatra toll road and the development of the new national capital in Kalimantan are already driving the need for equipment such as excavators, bulldozers, and cranes. Additionally, upcoming renovation projects, aimed at upgrading homes and infrastructure to meet 2050 energy standards are set to further support market growth in the years ahead. Competitive Dynamics Shift as Digital Services and Cost-Efficiency Drive Equipment Choices in Indonesia Indonesia's construction equipment market is witnessing a shift in competitive dynamics, driven by demand for cost-effective machinery and improved after-sales service. Chinese OEMs are gaining ground by offering affordable equipment and accessible financing, meeting the rising demand for budget-friendly solutions in large-scale infrastructure projects. At the same time, leading global and regional manufacturers such as Komatsu, Caterpillar, Hitachi, and Hyundai are enhancing customer experience through digital platforms and localized support. These include real-time equipment monitoring, digital maintenance tools, and online spare parts access, aimed at strengthening customer relationships and operational uptime. As the market grows more competitive, OEMs are also tailoring machines to regional needs, offering models optimized for housing and road construction, at more accessible price points. Prominent Vendors Caterpillar Komatsu Volvo Construction Equipment Hitachi Construction Machinery Liebherr SANY Xuzhou Construction Machinery Group Co. Ltd. (XCMG) JCB Kobelco Zoomlion Heavy Industry Science & Technology Co. Ltd Hyundai Construction Equipment Other Prominent Vendors Kubota CNH Industrial Yanmar LiuGong SAKAI HEAVY INDUSTRIES, LTD Takeuchi Toyota Material Handling Manitou Sumitomo Construction Machinery KATO WORKS CO., LTD. Terex Corporation Toyota Material Handling International Distributor Profiles PT Indotruck Utama United Tractors Multicrane Perkasa PT. Airindo Sakti PT. Badak Prima Lestari PT. United Equipment Indonesia Market Segmentation and Forecast Segmentation by Type Earthmoving Equipment Excavator Backhoe Loaders Wheeled Loaders Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers, Motor Graders) Road Construction Equipment Road Rollers Asphalt Pavers Material Handling Equipment Crane Forklift & Telescopic Handlers Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts) Other Construction Equipment Dumper Tipper Concrete Mixer Concrete Pump Truck Segmentation by End Users Construction Mining Manufacturing Others (Power Generation, Utilities, Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management) Other Related Reports that Might be of Your Business Requirement UAE Construction Equipment Market - Strategic Assessment & Forecast 2025-2030 Belgium Construction Equipment Market - Strategic Assessment & Forecast 2025-2030 What Key Findings Will Our Research Analysis Reveal? How big is the Indonesia construction equipment market? What is the growth rate of the Indonesia construction equipment market? Who are the key players in the Indonesia construction equipment market? What are the trends in the Indonesia construction equipment market? Which are the major distributor companies in the Indonesia construction equipment market? About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
RNZ News
13-07-2025
- Business
- RNZ News
Many builders unprepared to run a complex business:
Photo: Supplied/ Unsplash - Josh Olalde Many builders are underprepared to manage the challenges of running a businesses and need to be taught more skills, according to some in the sector, who are calling for change. Research shows that suicide rates in the industry are 25 percent higher than other sectors, with Māori, Pasifika, women, migrant workers, apprentices and labourers among those most at risk. Master Builders and the mentoring service The Professional Builder , say there are many builders coming through who are technically competent, but struggle with financial literacy, pricing, contracts, cash flow and IT. They say this is contributing to poor mental health in the sector. Kathryn speaks with Marti Amos, founder of The Professional Builder, Master Builders Chief Executive Ankit Sharma and Greg Durkin, Director of the Building and Construction Industry Training Organisation.
Fast Company
26-06-2025
- General
- Fast Company
How concrete homes can create resilient, affordable housing
Wood is, by far, the most common material used in the U.S. for single-family-home construction. But wood construction isn't engineered for long-term durability, and it often underperforms, particularly in the face of increasingly common extreme weather events. In response to these challenges, I believe mass-produced concrete homes can offer affordable, resilient housing in the U.S. By leveraging the latest innovations of the precast concrete industry, this type of homebuilding can meet the needs of a changing world. Wood's rise to power Over 90% of the new homes built in the U.S. rely on wood framing. Wood has deep historical roots as a building material in the U.S., dating back to the earliest European settlers who constructed shelters using the abundant native timber. One of the most recognizable typologies was the log cabin, built from large tree trunks notched at the corners for structural stability. In the 1830s, wood construction underwent a significant shift with the introduction of balloon framing. This system used standardized, sawed lumber and mass-produced nails, allowing much smaller wood components to replace the earlier heavy timber frames. It could be assembled by unskilled labor using simple tools, making it both accessible and economical. In the early 20th century, balloon framing evolved into platform framing, which became the dominant method. By using shorter lumber lengths, platform framing allowed each floor to be built as a separate working platform, simplifying construction and improving its efficiency. The proliferation and evolution of wood construction helped shape the architectural and cultural identity of the nation. For centuries, wood-framed houses have defined the American idea of home—so much so that even today, when Americans imagine a house, they typically envision one built of wood. Today, light-frame wood construction dominates the U.S. residential market. Wood is relatively affordable and readily available, offering a cost-effective solution for homebuilding. Contractors are familiar with wood construction techniques. In addition, building codes and regulations have long been tailored to wood-frame systems, further reinforcing their prevalence in the housing industry. Despite its advantages, wood light-frame construction presents several important limitations. Wood is vulnerable to fire. And in hurricane- and tornado-prone regions, wood-framed homes can be damaged or destroyed. Wood is also highly susceptible to water-related issues, such as swelling, warping, and structural deterioration caused by leaks or flooding. Vulnerability to termites, mold, rot, and mildew further compromise the longevity and safety of wood-framed structures, especially in humid or poorly ventilated environments. The case for concrete Meanwhile, concrete has revolutionized architecture and engineering over the past century. In my academic work, I've studied, written, and taught about the material's many advantages. The material offers unmatched strength and durability, while also allowing design flexibility and versatility. It's low-cost and low-maintenance, and it has high thermal mass properties, which refers to the material's ability to absorb and store heat during the day, and slowly release it during the cooler nights. This can lower heating and cooling costs. Properly designed concrete enclosures offer exceptional performance against a wide range of hazards. Concrete can withstand fire, flooding, mold, insect infestation, earthquakes, hail, hurricanes, and tornadoes. It's commonly used for home construction in many parts of the world, such as Europe, Japan, Mexico, Brazil, and Argentina, as well as India and other parts of Southeast Asia. However, despite their multiple benefits, concrete single-family homes are rare in the U.S. That's because most concrete structures are built using a process called cast-in-place. In this technique, the concrete is formed and poured directly at the construction site. The method relies on built-in-place molds. After the concrete is cast and cured over several days, the formwork is removed. This process is labor-intensive and time-consuming, and it often produces considerable waste. This is particularly an issue in the U.S., where labor is more expensive than in other parts of the world. The material and labor cost can be as high as 35% to 60% of the total construction cost. Portland cement, the binding agent in concrete, requires significant energy to produce, resulting in considerable carbon dioxide emissions. However, this environmental cost is often offset by concrete's durability and long service life. Concrete's design flexibility and structural integrity make it particularly effective for large-scale structures. So in the U.S., you'll see it used for large commercial buildings, skyscrapers and most highways, bridges, dams, and other critical infrastructure projects. But when it comes to single-family homes, cast-in-place concrete poses challenges to contractors. There are the higher initial construction costs, along with a lack of subcontractor expertise. For these reasons, most builders and contractors stick with what they know: the wood frame. A new model for home construction Precast concrete, however, offers a promising alternative. Unlike cast-in-place concrete, precast systems allow for off-site manufacturing under controlled conditions. This improves the quality of the structure, while also reducing waste and labor. The CRETE House, a prototype I worked on in 2017 alongside a team at Washington University in St. Louis, showed the advantages of a precast home construction. To build the precast concrete home, we used ultra-high-performance concrete, one of the latest advances in the concrete industry. Compared with conventional concrete, it's about six times stronger, virtually impermeable, and more resistant to freeze-thaw cycles. Ultra-high-performance concrete can last several hundred years. The strength of the CRETE House was tested by shooting a piece of wood at 120 mph to simulate flying debris from an F5 tornado. It was unable to breach the wall, which was only 2 inches thick. Building on the success of the CRETE House, I designed the Compact House as a solution for affordable, resilient housing. The house consists of a modular, precast concrete system of 'rings' that can be connected to form the entire structure—floors, walls, and roofs—creating airtight, energy-efficient homes. A series of different rings can be chosen from a catalog to deliver different models that can range in size from 270 to 990 square feet. The precast rings can be transported on flatbed trailers and assembled into a unit in a single day, drastically reducing on-site labor, time, and cost. Since they're built using durable concrete forms, the house can be easily mass-produced. When precast concrete homes are mass-produced, the cost can be competitive with traditional wood-framed homes. Furthermore, the homes are designed to last far beyond 100 years (much longer than typical wood structures) while significantly lowering utility bills, maintenance expenses, and insurance premiums. The project is also envisioned as an open-source design. This means that the molds, which are expensive, are available for any precast producer to use and modify. Leveraging a network that's already in place Two key limitations of precast concrete construction are the size and weight of the components and the distance to the project site. Precast elements must comply with standard transportation regulations, which impose restrictions on both size and weight in order to pass under bridges and prevent road damage. As a result, components are typically limited to dimensions that can be safely and legally transported by truck. Each of the Compact House's pieces are small enough to be transported in standard trailers. Additionally, transportation costs become a major factor beyond a certain range. In general, the practical delivery radius from a precast plant to a construction site is 500 miles. Anything beyond that becomes economically unfeasible. However, the infrastructure to build precast concrete homes is already largely in place. Since precast concrete is often used for office buildings, schools, parking complexes, and large apartments buildings, there's already an extensive national network of manufacturing plants capable of producing and delivering components within that 500-mile radius. There are other approaches to build homes with concrete: Homes can use concrete masonry units, which are similar to cinder blocks. This is a common technique around the world. Insulated concrete forms involve rigid foam blocks that are stacked like Lego bricks and are then filled with poured concrete, creating a structure with built-in insulation. And there's even 3D-printed concrete, a rapidly evolving technology that is in its early stages of development. However, none of these use precast concrete modules (the rings in my prototypes), and therefore require substantially longer on-site time and labor. To me, precast concrete homes offer a compelling vision for the future of affordable housing. They signal a generational shift away from short-term construction and toward long-term value—redefining what it means to build for resilience, efficiency, and equity in housing. Pablo Moyano Fernández is an assistant professor of architecture at Washington University in St. Louis.
Geek Vibes Nation
23-06-2025
- Business
- Geek Vibes Nation
Top Ways Tech Is Solving Construction Coordination Challenges On Job Sites
Photo by Pixabay Construction projects run on precision, timing, and communication. When even one team falls out of sync, the ripple effects slow everything down—costing companies time and money. As the industry faces tighter deadlines and higher expectations, outdated systems and manual methods no longer cut it. Today's job sites demand smarter, faster solutions to keep trades aligned, tasks completed on time, and projects on budget. That's why more construction firms are turning to technology to tighten up their construction coordination efforts and avoid costly missteps. AI-Powered Tools Are Streamlining Daily Workflows Artificial intelligence is no longer a futuristic concept in construction—it's a job site asset. From assigning tasks to flagging delays, AI tools now process vast amounts of data in real time, offering insights that help teams act quickly and adjust schedules on the fly. These systems identify patterns, spot inefficiencies, and recommend better sequencing without requiring hours of human input. AI is especially valuable during preconstruction, helping teams analyze site logistics and avoid conflicts before a shovel hits the ground. Once work starts, these tools can predict schedule risks and improve resource planning. As AI continues to evolve, it will become even more critical for keeping construction timelines realistic and efficient. Reality Capture Technology Is Eliminating Guesswork Reality capture solutions like 360° job site cameras and LiDAR scanning are transforming how teams track progress. Instead of walking a site with a clipboard or reviewing static photos, teams now capture detailed visual updates and generate 3D models that reflect the current state of work. This kind of accurate, on-demand documentation helps stakeholders catch mistakes early and reduces disputes between subcontractors. Weekly or even daily walkthroughs can now be recorded and shared with off-site team members, clients, or inspectors. Everyone sees the same view of the site, which improves accountability and reduces back-and-forth over what's been completed and what still needs attention. Construction Apps Keep Everyone on the Same Page Mobile technology has brought coordination out of the trailer and into the field. Construction apps now allow field crews, supervisors, and managers to share updates instantly, no matter where they are. Whether it's uploading photos, submitting RFIs, or checking project plans, these platforms centralize communication and reduce confusion. Real-time updates : Field workers can document progress and flag issues as they happen : Field workers can document progress and flag issues as they happen Centralized plans : Everyone works from the most current blueprints and documents : Everyone works from the most current blueprints and documents Quick approvals : Delays caused by waiting on signatures or decisions are minimized : Delays caused by waiting on signatures or decisions are minimized Fewer mistakes : Changes and clarifications reach everyone at once, reducing rework : Changes and clarifications reach everyone at once, reducing rework Improved safety: Issues that pose a hazard can be communicated instantly These apps save time, reduce risk, and improve overall coordination between trades, project managers, and owners. Drones Improve Oversight and Project Tracking Drones are no longer just for surveying—they now play a big role in construction oversight. With the ability to fly over large or complex sites, drones offer a bird's-eye view of ongoing progress and potential hazards. They can cover areas that are hard to access and capture footage in a fraction of the time it would take to walk the entire site. Drone footage helps verify material deliveries, track subcontractor activity, and document safety compliance. For large-scale projects, this consistent visual record helps teams stay on schedule and identify problems before they escalate. It also offers useful documentation for legal protection and project closeout. Digital Twins Are Changing the Coordination Game A digital twin is a dynamic, real-time model of a physical structure. Unlike traditional models, a digital twin updates as work progresses, offering an evolving picture of the project. With input from sensors, drones, and cameras, it reflects the job site's current status and offers data to guide the next steps. Project teams use digital twins to simulate construction sequences, detect spatial conflicts, and adjust timelines based on actual site conditions. This leads to faster decision-making and reduces delays caused by uncoordinated work. When combined with AI and reality capture, a digital twin becomes a powerful tool for keeping every team aligned and productive. Ready to Upgrade Your Construction Coordination Strategy? Construction companies that invest in smart tools and digital solutions are seeing real results—fewer delays, better teamwork, and stronger project outcomes. If your teams are still juggling paper plans and phone calls, now's the time to explore modern tools that simplify the process. From AI to apps to drones, tech-driven solutions give you the edge to stay competitive and keep every job site moving forward with fewer headaches. Make the switch and discover how smarter construction coordination can transform your next project.
Yahoo
23-06-2025
- Business
- Yahoo
A Look Back at Home Construction Materials Stocks' Q1 Earnings: JELD-WEN (NYSE:JELD) Vs The Rest Of The Pack
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let's have a look at JELD-WEN (NYSE:JELD) and its peers. Traditionally, home construction materials companies have built economic moats with expertise in specialized areas, brand recognition, and strong relationships with contractors. More recently, advances to address labor availability and job site productivity have spurred innovation that is driving incremental demand. However, these companies are at the whim of residential construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of home construction materials companies. The 12 home construction materials stocks we track reported a satisfactory Q1. As a group, revenues were in line with analysts' consensus estimates. While some home construction materials stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Founded in the 1960s as a general wood-making company, JELD-WEN (NYSE:JELD) manufactures doors, windows, and other related building products. JELD-WEN reported revenues of $776 million, down 19.1% year on year. This print exceeded analysts' expectations by 0.8%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts' organic revenue estimates and a solid beat of analysts' adjusted operating income estimates. "While market conditions remained very challenging during the first quarter, they developed mostly as expected," said Chief Executive Officer William J. Christensen. JELD-WEN delivered the slowest revenue growth of the whole group. The stock is down 35.6% since reporting and currently trades at $3.61. Is now the time to buy JELD-WEN? Access our full analysis of the earnings results here, it's free. Aiming to build safer and stronger buildings, Simpson (NYSE:SSD) designs and manufactures structural connectors, anchors, and other construction products. Simpson reported revenues of $538.9 million, up 1.6% year on year, outperforming analysts' expectations by 2%. The business had an exceptional quarter with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' EPS estimates. However, the results were likely priced into the stock as it's traded sideways since reporting. Shares currently sit at $153.77. Is now the time to buy Simpson? Access our full analysis of the earnings results here, it's free. Headquartered just outside of Detroit, MI, Masco (NYSE:MAS) designs and manufactures home-building products such as glass shower doors, decorative lighting, bathtubs, and faucets. Masco reported revenues of $1.80 billion, down 6.5% year on year, falling short of analysts' expectations by 2%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. The stock is flat since the results and currently trades at $61.19. Read our full analysis of Masco's results here. Starting as a small millwork shop, American Woodmark (NASDAQ:AMWD) is a cabinet manufacturing company that helps customers from inspiration to installation. American Woodmark reported revenues of $400.4 million, down 11.7% year on year. This number missed analysts' expectations by 6.6%. Overall, it was a softer quarter as it also logged full-year EBITDA guidance missing analysts' expectations. American Woodmark had the weakest performance against analyst estimates among its peers. The stock is down 10.1% since reporting and currently trades at $50.84. Read our full, actionable report on American Woodmark here, it's free. Credited with the discovery of fiberglass, Owens Corning (NYSE:OC) supplies building and construction materials to the United States and international markets. Owens Corning reported revenues of $2.53 billion, up 25.4% year on year. This result topped analysts' expectations by 0.7%. Aside from that, it was a slower quarter as it logged a significant miss of analysts' organic revenue estimates. The stock is down 6.4% since reporting and currently trades at $133.43. Read our full, actionable report on Owens Corning here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
