According to the analysis, Southeast Asia is the region with the highest per capita motorcycle ownership in the world, and Indonesia is the third largest motorcycle market in the world, after China and India.
The Indonesian two-wheeler market can be categorized on the basis of vehicle type, engine capacity, and region. In terms of vehicle type segment, the market is segmented into scooters, motorcycles, and mopeds. According to the analysis, scooters accounted for the largest market share in the Indonesia two-wheeler market in 2019 and this segment is also expected to dominate the market during the forecast period. In terms of engine capacity segment, the vehicles are classified into less than 150 cc, between 151 cc and 250 cc, and more than 250 cc.
According to the analyst, light scooters are the most popular among Indonesians, with engines below 150 cc, and are expected to continue dominating the market during the forecast period.
The motorcycle market in Indonesia is dominated by Japanese manufacturers. These manufacturers produce motorcycles in Indonesia and then export their products, with a market share of over 95%. The leading motorcycle companies in Indonesia are Honda, Yamaha, Kawasaki, and Suzuki.
Due to the increasing demand for economic transportation modes, the analyst forecasts that the two-wheeler market in Indonesia will reach USD 8.78 billion in sales by 2027, growing at a CAGR of 7.07% from 2023-2027. Increasing disposable income, rising demand for cheaper personal transportation, increasing number of female riders, improving road infrastructure, and increasing availability of credit and loan facilities are the key factors for the growth of the two-wheeler market in Indonesia.
According to the analyst, the sale value of motorcycles will reach US$ 12.35 billion in 2032 and the CAGR in 2023 to 2032 is 7.07%.
Topics Covered
- Indonesia Motorcycle Industry Overview
- Economic and Policy Environment of the Motorcycle Industry in Indonesia
- What is the impact of COVID-19 on the Indonesian motorcycle industry?
- Indonesia Motorcycle Industry Market Size, 2023-2032
- Analysis of major Indonesian motorcycle industry producers
- Key Drivers and Market Opportunities in Indonesia's Motorcycle Industry
- What are the key drivers, challenges and opportunities for the Indonesian motorcycle industry during the forecast period 2023-2032?
- Which are the key players in the Indonesian Motorcycle Industry market and what are their competitive advantages?
- What is the expected revenue of Indonesia Motorcycle Industry market during the forecast period 2023-2032?
- What are the strategies adopted by the key players in the market to increase their market share in the industry?
- Which segment of the Indonesian motorcycle industry market is expected to dominate the market in 2032?
- What are the main negative factors facing the motorcycle industry in Indonesia?
Companies Mentioned
- Bajaj
- Harley Davidson
- Honda
- Kawasaki
- KTM
- Suzuki
- TVS
- Yamaha
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 60 |
| Published | May 2023 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6.68 Billion |
| Forecasted Market Value ( USD | $ 12.4 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Indonesia |
| No. of Companies Mentioned | 8 |
