
Indonesia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast, 2023-2027
Description
Indonesia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast, 2023-2027
Summary
GlobalData expects the construction industry in Indonesia to expand by 3% in 2023, supported by the government’s focus on infrastructure and energy development. As part of the 2023 State Budget, the government increased its allocation to infrastructure development by 7.8%, from IDR363.8 trillion ($23.8 billion) in 2022 to IDR392 trillion ($25.8 billion) in 2023. The Minister of Finance also asked the Minister of Public Works and Public Housing (PUPR) to complete priority infrastructure projects before the election in 2024, with the projects including the construction of roads, airports, railways, bridges, dams, irrigation networks, and housing. The Indonesian government is prioritizing the development of transport infrastructure along with three railway lines in 2024.
The Indonesian construction industry is expected to register an average annual growth of 5.9% from 2024 to 2027, supported by investment in the transport, energy, housing, and industrial sectors. The government’s focus on reducing greenhouse gas emissions and transitioning from coal to clean energy will also support the industry’s growth over the forecast period. According to the Energy and Mineral Resources Ministry, renewable energy investment in Indonesia amounted to IDR8 billion ($527 million) in the first half of 2023, which is just 29.4% of the full-year target of IDR27.5 billion ($1.8 billion). The government aims to increase the share of renewables in its energy mix to 23% by 2025, up from 12% in 2022, and further to 32% by 2030 and 69% by 2060.
The report provides detailed market analysis, information and insights into the Indonesian construction industry, including -
- The Indonesian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indonesian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Indonesia. It provides -
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
45 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 8 About GlobalData
- 9 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Indonesia, Key Economic Indicators
- Table 3: Indonesia, Commercial Construction Output by Project Type (Real % Change), 2018–27
- Table 4: Indonesia, Top Commercial Construction Projects by Value
- Table 5: Indonesia, Industrial Construction Output by Project Type (Real % Change), 2018–27
- Table 6: Indonesia, Top Industrial Construction Projects by Value
- Table 7: Indonesia, Infrastructure Construction Output by Project Type (Real % Change), 2018–27
- Table 8: Indonesia, Top Infrastructure Construction Projects by Value
- Table 9: Indonesia, Energy and Utilities Construction Output by Project Type (Real % Change), 2018–27
- Table 10: Indonesia, Top Energy and Utilities Construction Projects by Value
- Table 11: Indonesia, Institutional Construction Output by Project Type (Real % Change), 2018–27
- Table 12: Indonesia, Top Institutional Construction Projects by Value
- Table 13: Indonesia, Residential Construction Output by Project Type (Real % Change), 2018–27
- Table 14: Indonesia, Top Residential Construction Projects by Value
- Table 15: Indonesia, Key Contractors
- Table 16: Indonesia, Key Consultants
- Table 17: Indonesia, Construction Output Value (Real, $ Million)
- Table 18: Indonesia, Construction Output Value (Nominal, IDR Trillion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: South and South-East Asia, Construction Output (Real % Change), 2021–27
- Figure 2: Indonesia, Construction Output by Sector (Real % Change), 2021–23 and 2024–27
- Figure 3: Indonesia, Risk Summary
- Figure 4: Indonesia, Risk Regional Comparison
- Figure 5: Indonesia, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2018–27
- Figure 6: Indonesia, Construction Output Value, by Sector (Real, $ Million), 2018–27
- Figure 7: Indonesia, Construction Value Add, 2010 Constant Prices, in IDR Trillion
- Figure 8: Indonesia, Construction Projects Momentum Index
- Figure 9: South and South-East Asia, Construction Projects Momentum Index
- Figure 10: Indonesia, Commercial Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 11: Indonesia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 12: Indonesia, Accommodation and Food Services Value Add, 2010 Constant Prices, in IDR Trillion
- Figure 13: Indonesia, Wholesale and Retail Trade Value Add, 2010 Constant Prices, in IDR Trillion
- Figure 14: Indonesia, Real Retail Sales Index (2010=100)
- Figure 15: Indonesia, Commercial Property Demand Index for Office and Hotel Buildings (2017=100)
- Figure 16: Indonesia, Number of Foreign Tourist Visits (in Thousands)
- Figure 17: Indonesia, Industrial Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 18: Indonesia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 19: Indonesia, Manufacturing Value Add, 2010 Constant Prices, in IDR Trillion
- Figure 20: Indonesia, Total Value of Exports ($ Billion)
- Figure 21: Indonesia, Bank Indonesia Prompt Manufacturing Index (PMI-BI)
- Figure 22: Indonesia, Infrastructure Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 23: Indonesia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 24: Indonesia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 25: Indonesia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 26: Indonesia, Total Oil and Gas Exports ($ Million)
- Figure 27: Indonesia, Institutional Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 28: Indonesia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 29: Indonesia, Education Sector Value Add (IDR Trillion, 2010 Constant Prices)
- Figure 30: Indonesia, Health Services and Social Activities Value Add (IDR Trillion, 2010 Constant Prices)
- Figure 31: Indonesia, Residential Construction Output by Project Type (Real, $ Million), 2018–27
- Figure 32: Indonesia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 33: Indonesia, Real-Estate Value Add (IDR Trillion, 2010 Constant Prices)
- Figure 34: Indonesia, Residential Property Prices (% Change YoY)
- Figure 35: Indonesia, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 36: Indonesia, Headquarters of Key Consultants (% of Total Project Pipeline)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.