Indonesia electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the Indonesia electric two-wheeler market. The growing environmental concerns along with the cohesive government initiatives and subsidies are some other aspects to fuel the market growth in the country. In 2018, the fleet size of electric two-wheelers in Indonesia was about 3 000. However, the high battery cost and thus of electric vehicles is the major factor that may restrain the growth of the Indonesian electric two-wheelers market.
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Some of the major companies which are contributing to the growth of Indonesia’s electric two-wheeler market include Xiomi, Inc., Bajaj Auto Ltd., Mitsubishi Motors Corp., BMW, Harley-Davidson, Inc., Honda Motor Co., Ltd., Segway Inc., and others. The market players are considerably contributing to the market growth by adopting various growth strategies such as new product innovations, mergers and acquisitions, joint ventures and so onto stay competitive in the market. For instance, in March 2018, Mitsubishi Motors Corp. entered into a partnership with the Indonesian government on the use of electric vehicles to facilitate the country in reducing exhaust emissions forthe development of a greener environment.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Indonesia Two-Wheeler Market Report Segment
By Product Type
- Scooter
- Motorcycle
By Battery Type
- NiMH
- Li-ion
- Others
The Report Covers
- Comprehensive research methodology of the Indonesia Electric Two-Wheeler market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Indonesia Electric Two-Wheeler market.
- Insights about market determinants which are stimulating the Indonesia Electric Two-Wheeler market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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