The market is dominated by domestic suppliers, as imports account for 35.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 60.9% of total demand in 2023. Indonesia has the seventh largest market size for engines and turbines, except aircraft, vehicle and cycle engines regionally, with demand reaching USD1.7 billion in 2023. Kubota Indonesia Pt is the largest company in Indonesia, generating 1.9% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 2.6% of total production value in 2023. The total number of companies decreases in 2023, to 16 units. The costs of the industry increase by 5% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.5% of production value in 2023, the sixth highest regionally. The industry’s exports share decreases in 2023 to 6.2% of total production output. With production value of USD1.0 billion, Indonesia accounts for 1.1% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Indonesia: ISIC 2911. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Indonesia: ISIC 2911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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