Indonesia Electric Two-Wheeler Market: Market Segments: By Vehicle Type (E-scooters, E-bikes & E-motorcycles); By Battery Type (Sealed Lead Acid, Li-ion, Ni-MHl); By Battery Technology (Removable Battery, Non-removable Battery); By Battery Capacity (>25Ah and >25 Ah);– Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
With sales of more than 6 million units in 2019, the Indonesian Motorcycle Market is the third largest market in the world and the Indonesian Electric Two-Wheeler Market is also forecast to experience double-digit growth rates until 2025. Indonesia is a main automotive contributor in terms of sales volume in the Association of Southeast Asian Nations (ASEAN) region. The country, however, has just begun to enter the electric powertrain sector. The population of Indonesia has begun to become more conscious of electric vehicles (EVs), leading to a rise in sales.
Electric Two-Wheeler Market Highlights
Indonesia Electric Two-Wheeler Market is expected to project a notable CAGR of XX.X% in 2030.
Indonesia Electric Two-Wheeler Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. As the global trend is moving to the electric segment of vehicles powered by the source of the battery.
Indonesia Electric Two-Wheeler Market: Segments
E-Scooters vehicle segment to grow with the highest CAGR of XX.X% during 2019-30
Indonesia’s electric two-wheeler market is classified into e-scooters-bikes, e-motorcycles, by vehicle category, where e-scooters accounted for the largest share in 2018. The market was dominated by E-Scooters and the pattern is expected to continue in the coming years as well. This is due to the rising number of female drivers and the maneuverability provided by scooters or mopeds.
Indonesia Electric Two-Wheeler Market: Market Dynamics
Increasing research and development activities
Indonesia’s two-wheeler electricity market is expected to expand at a rapid pace due to raising GHG emissions and increasing concerns about raising levels of pollution. The country’s high population density and growing urbanisation are further adding to the country’s increasing demand for two-wheelers.
High cost of battery
High battery prices and the rising popularity of natural gas-fueled vehicles are key factors hindering the growth of Indonesia’s electric two-wheeler market. Furthermore, the lack of infrastructure in countries, such as charging stations, could restrict the growth of the Indonesia electric two-wheeler market.
Indonesia Electric Two-Wheeler Market: Regions
Indonesia Electric Two-Wheeler Market is segmented based on regional analysis into major regions. These include Java, Sumatra, Kalimantan, Bali & Nusa Tenggara.
Indonesia Electric Two-Wheeler Market in Bali & Nusa Tenggara held the largest market share of XX.X% in the year 2018. The growth of the electric bus market has been supported by favorable government regulations, the involvement of a large number of local players and growing investment in the production of battery technology in the area. Over the forecast period, the United Kingdom is expected to grow with highest CAGR primarily driven by government funding schemes for the adoption of electric vehicles and the growth of electric vehicle-related infrastructure including charging stations
Indonesia Electric Two-Wheeler Market: Key Players
• Zero Motorcycles Inc.
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Segway, Inc.
• Viar Motor Indonesia
• Skutis Corporation
• Triangle Motorindo
• Xiaomi Corp.
• PT Wijaya Karya Tbk
• Other Prominent Players
Indonesia Electric Two-Wheeler Market report also contains analysis on:
• Indonesia Electric Two-Wheeler Market Segments:
o By Battery Capacity
<25 Ah >25 Ah
• Indonesia Electric Two-Wheeler Market Dynamics
• Indonesia Electric Two-Wheeler Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints