Indonesia electric two-wheeler market is estimated to grow at a lucrative CAGR during the forecast period. As per the World Air Quality Project, in 2019, Jakarta, the capital of Indonesia was the 6th most polluted city out of 98 cities studied globally. As per the WHO’s air quality guidelines, the annual mean concentrations of PM2.5 should not exceed 10 µg/m3 and 20 µg/m3 for PM10. In accordance with the WHO’s guidelines, the air quality in Indonesia is considered moderately unsafe. As the country’s annual mean concentration of PM2.5 is 17 µg/m3 which exceeds the recommended maximum of 10 µg/m3.
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Being a member country of the Paris Agreement; Indonesia has pledged to reduce its GHG emissions in order to contribute to meet the Paris Agreement’s goal of keeping the temperature below 2oC and reaching 1.5oC. In 2019, the transport sector contributes around one-third of total GHG emissions in Indonesia. Therefore, the country’s government is looking towards the electrification of vehicles to decline the level of CO2 in the air. In 2018, the fleet size of electric two-wheelers in Indonesia was about 3,000. To increase the fleet size of electric two-wheelers, key manufacturers of electric two-wheelers in the country are adopting different strategies. Launch of new electric two-wheelers, new manufacturing plant set-up are some of the key strategies being adopted by key manufacturers to remain competitive in the market place.
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Market Coverage
- Market number available for – 2018-2025
- Base year- 2019
- Forecast period- 2019-2025
- Segment Covered- By Product Type, By Battery Type
- Competitive Landscape- Xiaomi, Inc., Viar Motor Indonesia, Shandong Incalcu Electric Vehicle Co., Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Indonesia Two-Wheeler Market Report Segment
By Product Type
- Scooter
- Motorcycle
By Battery Type
- NiMH
- Li-ion
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
