diff --git a/cpp/src/arrow/CMakeLists.txt b/cpp/src/arrow/CMakeLists.txt
index 150a304975cad..5bcd4625b3b67 100644
--- a/cpp/src/arrow/CMakeLists.txt
+++ b/cpp/src/arrow/CMakeLists.txt
@@ -200,22 +200,29 @@ function(arrow_add_object_library PREFIX)
   set(SOURCES ${ARGN})
   string(TOLOWER "${PREFIX}" prefix)
   if(WIN32)
-    add_library(${prefix}_shared OBJECT ${SOURCES})
-    add_library(${prefix}_static OBJECT ${SOURCES})
-    set_target_properties(${prefix}_shared PROPERTIES POSITION_INDEPENDENT_CODE ON)
-    set_target_properties(${prefix}_static PROPERTIES POSITION_INDEPENDENT_CODE ON)
-    target_compile_definitions(${prefix}_shared PRIVATE ARROW_EXPORTING)
-    target_compile_definitions(${prefix}_static PRIVATE ARROW_STATIC)
-    target_compile_features(${prefix}_shared PRIVATE cxx_std_17)
-    target_compile_features(${prefix}_static PRIVATE cxx_std_17)
-    set(${PREFIX}_TARGET_SHARED
-        ${prefix}_shared
-        PARENT_SCOPE)
-    set(${PREFIX}_TARGET_STATIC
-        ${prefix}_static
-        PARENT_SCOPE)
+    set(targets)
+    if(ARROW_BUILD_SHARED)
+      add_library(${prefix}_shared OBJECT ${SOURCES})
+      set_target_properties(${prefix}_shared PROPERTIES POSITION_INDEPENDENT_CODE ON)
+      target_compile_definitions(${prefix}_shared PRIVATE ARROW_EXPORTING)
+      target_compile_features(${prefix}_shared PRIVATE cxx_std_17)
+      set(${PREFIX}_TARGET_SHARED
+          ${prefix}_shared
+          PARENT_SCOPE)
+      list(APPEND targets ${prefix}_shared)
+    endif()
+    if(ARROW_BUILD_STATIC)
+      add_library(${prefix}_static OBJECT ${SOURCES})
+      set_target_properties(${prefix}_static PROPERTIES POSITION_INDEPENDENT_CODE ON)
+      target_compile_definitions(${prefix}_static PRIVATE ARROW_STATIC)
+      target_compile_features(${prefix}_static PRIVATE cxx_std_17)
+      set(${PREFIX}_TARGET_STATIC
+          ${prefix}_static
+          PARENT_SCOPE)
+      list(APPEND targets ${prefix}_static)
+    endif()
     set(${PREFIX}_TARGETS
-        ${prefix}_shared ${prefix}_static
+        ${targets}
         PARENT_SCOPE)
   else()
     add_library(${prefix} OBJECT ${SOURCES})