Heavy equipment industry in Indonesia has been growing steadily over the years. With the rise of infrastructure projects, mining activities, and construction developments, the demand for heavy equipment has increased significantly in recent years. As a result, the market for heavy equipment has also been expanding, providing new opportunities for investors and players in the industry.
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One of the leaders in the heavy equipment industry in Indonesia is PT United Tractors Tbk (UT), a subsidiary of PT Astra International Tbk. UT is known for being the exclusive distributor of Komatsu, the world’s second-largest manufacturer of heavy equipment. With its extensive network of branches and dealerships, UT has been dominating the heavy equipment market in Indonesia for many years.
In 2019, UT reported sales of Rp 76.3 trillion, a 7% increase from the previous year. The increase in sales was largely driven by the growth of mining activities and infrastructure projects in Indonesia. UT has also been expanding its business to other countries, including Thailand, Vietnam, and Australia.
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Another major player in the heavy equipment industry in Indonesia is PT Hexindo Adiperkasa Tbk. Hexindo is the authorized distributor of Hitachi heavy equipment in Indonesia. The company is known for providing high-quality products and services to its customers, including heavy equipment sales, rental, and after-sales support.
In 2019, Hexindo reported sales of Rp 5.6 trillion, a 13% increase from the previous year. The company has been expanding its business to other sectors, including agriculture and forestry, to diversify its revenue streams.
Aside from these two companies, there are many other players in the heavy equipment industry in Indonesia. These include multinational companies such as Caterpillar and Volvo as well as local players such as PT Intraco Penta Tbk and PT Daya Kobelco Construction Machinery Indonesia.
Overall, the heavy equipment industry in Indonesia has been showing promising growth in recent years. With the government’s increased focus on infrastructure projects and the expansion of mining activities, the demand for heavy equipment is expected to continue to rise. This presents new opportunities for companies in the industry to expand their business and contribute to the country’s economic development.
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