Editorial photo #11034182 Economy, Business and Finance
The Indonesian Compact Construction Equipment Market Expected Grows In Post-pandemic
Workers are working at Harapan Jaya Gypsum's residential construction materials shop on Karya Jaya Street, Medan Johor, Medan City, North Sumatra, Indonesia, on February 28, 2024. The report titled ''Indonesia Compact Construction Equipment Market, Strategic Assessment and Forecast 2023-2029'' has been added to ResearchAndMarkets.com's offerings. The market for compact construction equipment in Indonesia is projected to grow at a compound annual growth rate (CAGR) of 5.86% from 2022 to 2029. After the COVID-19 pandemic outbreak, sales of compact equipment saw a sharp increase in 2021. The rise in sales is attributed to growing investments in the infrastructure and housing sectors across the country. (Photo by Sutanta Aditya/NurPhoto)
