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TRENDS AND TIDBITS continued from page 13 Indonesia Construction Equipment Industry Outlook to 2017 Hydraulic Excavators and Earthmoving Equipment Gaining Traction - Ken Research In 2012, the earthmoving and tunneling equipment market witnessed significant growth of 2.6 percent in its revenues compared to the preceding year. Increasing urbanization and commercialization in the country has encouraged the development of construction projects, which propelled the demand for earthmoving and tunneling equipment in the country. The growing traction of leading international OEMs further fueled the construction market's healthy growth, thereby impelling the demand for the construction equipment market in Indonesia. The revenues of the construction equipment market in Indonesia have grown at a healthy CAGR of 12.5 percent. The Indonesia construction equipment market features a highly concentrated landscape, with market shares distributed among five leading players that held a 93.3 percent share of the total construction equipment market revenues in 2012. The market is marked by the presence of several international players such as Caterpillar, Komatsu Limited, Kobelco Inc. and others. The construction equipment market is expected to showcase an upward growth trend in upcoming years. Due to the increasing rate of urbanization in the country, the realty sector is expected to witness a flourishing growth. This strong wave of growth experienced by the residential construction sector is expected to lead to a rapid increase in the revenues of building construction and building material equipment in the future. Key Topics Covered in the Report: • The market size of the Indonesia construction equipment industry, market size of the earthmoving and tunneling equipment market, market size of the mining equipment market, market size of the building construction market, market size of the building material market and market size of the road construction market. • Market segmentation of the Indonesia construction equipment market on the basis of types of equipment, such as hydraulic excavators, bulldozers, motor graders and dump trucks. • Market segmentation of the Indonesia construction equipment industry on the revenues from different construction equipment, such as earthmoving and tunneling equipment, mining equipment, building construction equipment, building material equipment and road construction equipment. • Market segmentation of earthmoving equipment on the basis of types of equipment, such as excavators, bulldozers, dump trucks, loaders and others. • Market shares of leading players on the basis of revenues in the overall construction industry in Indonesia. • Market shares of leading players on the basis of revenues in the mining industry in Indonesia. • Market shares of leading players on the basis of revenues from different types of equipment, such as excavators, bulldozers, loaders and trucks. • Future outlook and projections of the construction equipment industry in Indonesia. Browse full report: http://www.kenresearch.com/mining-construction-infrastructure/ construction-industry/ indonesia-construction-equipment-market-researchreport/423-97.html Other Reports on Construction Industry: Latin America Mining Market Outlook to 2017 - New Mining Projects to Foster the Future Growth. ● Distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb. com/releases/2013/11/prweb11357425. htm & www.globenewswire.com ThyssenKrupp Sells US Steel Plant for $1.55B German steel company ThyssenKrupp has agreed to sell its U.S. steel plant business to two competitors for $1.55 billion. Following extended speculation over the deal, ArcelorMittal and Nippon Steel & Sumitomo Metal Corp. said Friday that they will jointly acquire ThyssenKrupp Steel USA. The steel processing plant is based in Calvert, Ala. The deal adds U.S.-based finishing facilities for the two companies, which are headquartered in Luxembourg and Japan, respectively. It also is expected to benefit the buyers by expanding their energy and auto industry businesses. ThyssenKrupp was looking for a buyer after a fall in steel prices led to losses for the company and large writedowns for the reduced value of the plant. ● abcnews.go.com/Business, Nov 30, 2013 Trends continued on page 19 IDA UNIVERSAL January-February 2014 15