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A two-wheeler is a form of motorized vehicle with two wheels that is usually used for transportation mode. Bicycles, scooters, mopeds, and motorbikes are few examples of two-wheelers. Indonesia Electric Two-Wheeler Market will witness a robust growth during the forecasted period, owing to the rising environment concern. Electric two-wheeler emits zero emission compared to the petrol or diesel two-wheeler. Also, two-wheelers are way more famous than four-wheeler in Indonesia because there is no decent public transport system. An essential national agenda item for Indonesia is the growth of the electric vehicle (EV) industry, which is addressed by a presidential decree and national plans. In keeping with the national agenda, the nation hopes to become the dominant manufacturing and sales force in the area by 2030, with a target of 25% annual sales penetration for electric two-wheelers and a 2.5 million vehicle production capacity. Indonesia's electric two-wheeler market has a lot of potential to develop because it is still in its initial stage of adoption. Speak directly to the analyst to clarify any post sales queries you may have.
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Despite a number of current policy initiatives, the nation continues to experience a number of supply and demand-side issues that are impeding the industry's expansion. The higher cost of electric vehicles, insufficient car specifications, and charging restrictions are examples of demand-side blockages. Low demand and high CAPEX (Capital expenditure) needs for vehicles are supply-side challenges.
Increase in the Use of Scooters in E-Commerce
Due to an increase in E-commerce activities such as online food and grocery sales, demand for electric scooters/motorcycle is increasing in various cities of Indonesia. There has been a surge in sales of two-wheelers used by delivery personnel, due to the growing popularity of online food and grocery services among consumers. Owing to the ease of transmission and riding comforts, numerous delivery personnel have started relying on scooters. Such vehicles are also found to be convenient for use by women and old age people employed in e-commerce since they are occupied with continuously variable transmission (CVT), have additional storage space, and are equipped with comfort of foot resting area, etc. Trend for these two-wheelers are uplifting import and the sales of the motorcycles in Indonesia. In addition to that, non-premium motorcycle and scooter brands like Hero, Honda, Yamaha, Vespa, etc. are launching their models in this segment and hence this is expected to fuel the growth of electric two-wheelers market in Indonesia.Electric Two-Wheeler as a Solution for Traffic Congestion
Indonesia is known for its heavy traffic congestion, especially in urban areas. Electric Two-wheelers are more maneuverable than cars, allowing riders to weave in and out of traffic and get to their destination more quickly. In comparison to its Southeast Asian peers, Indonesia has one of the economies with the fastest rate of growth and the largest land area. However, the country's main cities have long experienced congestion issues because of the country's growing vehicle population and increasing density. Motorcycle parking is one of the main issues in Indonesia. In a nation with significant traffic congestion, the issue is made worse by a lack of parking space. Motorcycles make up about 82% of the region's overall vehicle population. In contrast to the 0.1% yearly growth of new roads, motorcycle ownership is rising by about 7% on average each year.Two-Wheelers are Fuel Efficient
Electric Two-wheelers are generally more fuel-efficient than cars, which is an important factor for many Indonesians who need to save money on transportation costs. The cost of fuel is increasing with time due to which more and more people in Indonesia are shifting their preference towards electric two-wheelers, as it is more cost effective compared to fuel-based two-wheeler. Two-wheelers have a long history in Indonesia and are deeply ingrained in the country's culture. Many Indonesians view two-wheelers as a practical and convenient mode of transportation that is suited to their needs.Market Segmentation
The Indonesia Electric two-wheeler market is segmented based on vehicle type, battery type, voltage capacity, battery capacity, by range and by region. Based on vehicle type the market is fragmented into electric scooter, electric moped, and electric motorcycle. Based on battery capacity, the market is divided into Lead Acid and Lithium Ion. Based on voltage capacity, the market is divided into 48-59V, 60-72V, 73-96V. Based on battery capacity, the < 2 kWh, 2-2.5 kWh, > 2.5 kWh. Based on range, the market is divided into < 50 km, 50-100 km, 101-150 km, >150 km. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Java, Sumatra, Kalimantan, Sulawesi, Others.Company Profiles
Shandong Incalcu Electric Co., Ltd, PT Smoot Motor Indonesia, Zero Motorcycle, Inc, Selis (PT Juara Bike), NIU Indonesia, Garansindo Electric Scooter ITS, Volta Indonesia Semesta, Segway Inc, Yadea Technology Group Co., Ltd, etc. are among the top players operating in the Indonesia Electric Two-Wheeler Market.Report Scope:
In this report, Indonesia Electric Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:Indonesia Electric Two-Wheeler Market, By Vehicle Type:
- Scooter
- Moped
- Motorcycle
Indonesia Electric Two-Wheeler Market, By Battery Type:
- Lead Acid
- Lithium Ion
Indonesia Electric Two-Wheeler Market, By Voltage Capacity:
- 48-59V
- 60-72V
- 73-96V
Indonesia Electric Two-Wheeler Market, By Battery Capacity:
- < 2 kWh,
- 2-2.5 kWh
- > 2.5 kWh
Indonesia Electric Two-Wheeler Market, By Range:
- < 50 km,
- 50-100 km
- 101-150 km
- >150 km
Indonesia Electric Two-Wheeler Market, By Range:
- < 50 km,
- 50-100 km
- 101-150 km
- >150 km
Indonesia Electric Two-Wheeler Market, By Region:
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Indonesia Electric Two-Wheeler Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
5. Voice of Customer Analysis
6. Indonesia Electric Two-Wheeler Market Outlook, 2018-2028
7. Indonesia Electric Scooter/Moped Market Outlook
8. Indonesia Electric Motorcycle Market Outlook
9. Market Dynamics
10. Market Trends & Developments
11. Porter’s Five Forces Model
15. Competitive Landscape
16. Strategic Recommendations/Action Plan
17. About the Publisher & Disclaimer
Companies Mentioned
- Shandong Incalcu Electric Co., Ltd
- PT Smoot Motor Indonesia
- Zero Motorcycle, Inc
- Segway Inc.
- Selis (PT Juara Bike)
- Niu Indonesia
- Garansindo Electric Scooter ITS
- Volta Indonesia Semesta
- Segway Inc
- Yadea Technology Group Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 79 |
Published | August 2023 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( Units | Units 25 Thousand |
Forecasted Market Value ( Units | Units 66 Thousand |
Compound Annual Growth Rate | 25.0% |
Regions Covered | Indonesia |
No. of Companies Mentioned | 10 |