Dublin, Feb. 04, 2026 (GLOBE NEWSWIRE) — The “Southeast Asia Construction Equipment Market Research Report 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Southeast Asia Construction Equipment Market was sized at 53,208 Units in 2024, and is projected to reach 69,611 Units by 2030, rising at a CAGR of 4.58%.
Earthmoving equipment accounted for the largest market share of the Southeast Asia construction equipment market in 2024. Excavators in the earthmoving segment accounted for the largest share in 2024. The country’s investment in developing its public infrastructure and increased utilization of excavators in the mining sector drive the Southeast Asian earthmoving market. On the other hand, demand for material handling equipment is also growing due to the booming manufacturing sector, driving the development of warehouses and logistics parks across the region.
The forklifts and telescopic handler segment holds the largest share among material handling equipment in Southeast Asia, driven by ongoing and upcoming warehouse developments. Malaysia is positioning itself as a regional logistics powerhouse with significant warehouse developments across key industrial zones. The Klang Valley dominates Malaysia’s logistics landscape, with over 45 million square feet of high-quality logistics space already built and an additional 25 million square feet expected by 2027. Hangcha Group broke ground on a new $20 million manufacturing base in Chonburi, Thailand, in 2025, focusing on forklifts, aerial work platforms, and lithium battery assembly with an annual production capacity of 10,000 units.
Mitsui E&S secured Vietnam’s largest crane procurement contract, delivering 22 container cranes (11 ship-to-shore gantry cranes and 11 electric rubber-tyred gantry cranes) to Phuoc and Port in Dong Nai Province. Vietnam’s broader port system upgrade includes a $13.76 billion investment program through 2030, driving consistent demand for port handling equipment. The road construction equipment segment is estimated to reach around $112 million by value by 2030, growing at a CAGR of 3.73%.
Road roller sales are high in Southeast Asia in response to the rising renovation and expansion of transport networks. The India-Myanmar-Thailand Trilateral Highway represents another significant cross-border infrastructure project in Southeast Asia in 2025. This 1,360-kilometer route connecting Moreh, India, with Mae Sot, Thailand via Myanmar is expected to be completed by 2026 or early 2027. Malaysia has allocated $83.0 million for 563 federal road maintenance projects in 2025, with $65.2 million dedicated to periodic pavement maintenance. Major new construction includes the Juru-Sungai Dua Elevated Highway, a $676 million, 15-km elevated highway starting construction in 2025.
Major ongoing projects across Southeast Asia in 2025, such as Jakarta-Bandung High-Speed Railway (Whoosh) in Indonesia, East Coast Rail Link (ECRL) in Malaysia, Tuas Mega Port Expansion in Singapore, Nusantara New Capital Development in Indonesia, and Ho Chi Minh City Metro Line 1 in Vietnam, are boosting the demand for construction equipment.
The construction equipment used in the mining industry is undergoing significant expansion, primarily due to the growing mining and mineral extraction activities of the region. Key construction equipment used in the mining sector, such as hydraulic excavators, wheeled loaders, dump trucks, bulldozers, and motor graders, is expected to witness significant sales with rising mining activity in the region.
SOUTHEAST ASIA CONSTRUCTION EQUIPMENT MARKET TRENDS & DRIVERS
Rising Demand for Electric Construction Equipment
- Singapore has become a frontrunner in adopting electric construction equipment. Launched in February 2025, the Singapore Green Building Masterplan established rigorous sustainability requirements across the entire construction value chain through mandatory eco-friendly practices.
- In January 2025, Volvo CE introduced its New Generation Excavators across Southeast Asia, showcasing its flagship 20-tonne EC210 alongside the L120 electric wheel loader at a Singapore launch event attended by more than 100 industry executives.
Rising Modular Construction in Southeast Asia Drives Crane Demand
- In 2025, Southeast Asia’s rising awareness of modular construction methods is driving an increased need for mobile and tower cranes, as project schedules demand more frequent, heavy lifts to assemble factory-built components on-site.
- In Malaysia, the Construction Industry Development Board highlighted that Gamuda’s Shah Alam Digital Industrialised Building System factory is supplying volumetric modules for several Kuala Lumpur residential high-rises in 2025.
- Meanwhile, in Thailand, the Eastern Economic Corridor Phase II project is similarly leveraging modular precast road-bridge segments – each 12 m long and weighing 25 tonnes – manufactured off-site and then lifted into place for the Bang Pakong-Laem Chabang expansion.
Rising Infrastructure Investments in the Southeast Asian Market
- In Vietnam, the Long Thanh International Airport – the region’s most ambitious aviation endeavour with a $19.8 billion budget – remains in active phases of runway construction, terminal development and ancillary infrastructure.
- Indonesia’s Nusantara Capital City project, now in its second development phase, has secured approximately $2.8 billion for 2025-2029. Construction of legislative and judicial complexes, residential districts and comprehensive road and utility networks across multiple zones requires a full range of heavy equipment operating simultaneously.
- Another significant undertaking, Thailand’s high-speed rail second phase – from Nakhon Ratchasima to Nong Khai – secured cabinet approval in 2025. Although full construction begins in 2026, preparatory earthworks, land acquisition and early infrastructure works are already boosting demand for construction machinery across regional sites.
Growing Utilization of Construction Equipment in the Mining & Energy Sector
- Indonesia is one of the leading exporters of coal, nickel and other minerals. These mining activities rely on construction equipment for various processes, such as excavation, loading, and transportation.
- In 2025, the Electricity Generating Authority of Thailand partnered with MMD Mining Machinery to deploy two advanced semi-mobile coal sizing stations, enhancing throughput, reducing downtime, and minimizing environmental impact through precision coal processing.
- In addition to mining, renewable energy projects such as solar power and hydropower also provide new opportunities for the construction equipment demand in the region. The construction of solar farms, turbine installations, and dams requires high-tech construction equipment that can operate in complex terrain.
INDUSTRY RESTRAINTS
Rising Building Material Prices and Construction Costs
- In 2025, Indonesia’s construction sector will be particularly affected by escalating material costs and continued supply chain instability. Prices of key inputs such as aluminum door/window frames, cement, wooden beams, and hollow cement bricks (concrete bricks) have risen sharply, contributing to increased overall project expenditures.
- As of the first quarter of 2025, Singapore recorded the highest construction costs in Southeast Asia, starting at approximately $3,104 per square meter – surpassing Malaysia, the region’s second-highest market. Construction cost inflation in Singapore is anticipated to climb between 3% and 5% in 2025 and 2026.
- The sustained increase has tempered developer interest in new land sales, given tighter profit margins, elevated project expenses, and an oversupply of private housing units.
Skilled Labor Shortage Across the Region
- In Indonesia, despite a workforce of approximately 153 million in 2025, around 30% of businesses report difficulty in finding adequately skilled employees. The education gap is a critical barrier, with only about 12.66% of the labor force holding university degrees and over a third educated only up to the elementary level.
- The shortage of qualified engineers, site supervisors, and technicians across construction, manufacturing, ICT, and renewable energy sectors limits productivity, discouraging new capital investment in heavy equipment.
- In the Philippines, the construction industry faces an urgent requirement for about 2 million skilled workers by the end of 2025. The renewable energy sector faces similar constraints, with the current workforce of 120,000 expected to require an additional 350,000 skilled workers by 2030 in the Philippines.
KEY QUESTIONS ANSWERED
- What are the trends in the Southeast Asia construction equipment market?
- How big is the Southeast Asia construction equipment market?
- Who are the key players in the Southeast Asia construction equipment market?
- Which are the major distributor companies in the Southeast Asia construction equipment market?
- What is the growth rate of the Southeast Asia construction equipment market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 239 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value in 2024 | 53208 Units |
| Forecasted Market Value by 2030 | 69611 Units |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Asia Pacific |
VENDOR LANDSCAPE
Key Vendors
- Caterpillar
- Komatsu
- Volvo Construction Equipment
- Hitachi Construction Machinery
- Liebherr
- SANY
- Xuzhou Construction Machinery Group (XCMG)
- JCB
- Kobelco
- Zoomlion
Other Prominent Vendors
- Hd Hyundai Construction Equipment Co. Ltd.
- LiuGong Machinery Co., Ltd.
- CNH Industrial N.V.
- Toyota Material Handling International (TMHI)
- Sumitomo Construction Machinery Co., Ltd.
- Yanmar Holdings Co., Ltd.
- DEVELON
- Tadano
- Terex Corporation
- Manitou Group
- BOMAG GmbH
- KATO WORKS CO., LTD.
- SAKAI Heavy Industries, Ltd
- Bobcat
- Kubota
- Ammann
Distributor Profiles
- PT Indotruck Utama
- United Tractors
- Multicrane Perkasa
- PT Airindo Sakti
- Leadway Heavy Machinery Co., Ltd.
- Ariya Group
- AVN Motorworks
- Promech Resources Co. Ltd.
- Maxima Machineries Incorporated
- Brighton Machinery Philippines
- Topspot Heavy Equipment Inc.
- Inframachineries
- Sunway Marketing Sdn Bhd
- FHM Equipment Sdn Bhd
- UMW Equipment Sdn Bhd
- TCIM Sdn Bhd
- Sia & Yeo Heavy Equipment Pte Ltd
- Tiong Lee Huat Machinery & Construction Pte Ltd.
- Ricon Private Limited, Land Equipment Pte Ltd.
- Tin Quang Equipment (TQEq)
- VITRAC
- Multico Equipment Vietnam Co. Ltd
- UMAC Vietnam
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
- 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)
Segmentation by Region
- Indonesia
- Thailand
- Philippines
- Malaysia
- Singapore
- Rest of Southeast Asia
For more information about this report visit https://www.researchandmarkets.com/r/b362t
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- Southeast Asian Construction Equipment Market
