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.

The market is segmented on the basis of product type and battery type. Based on the product type, the market is sub-segmented into electric scooters and electric motorcycles Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries. 

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.

Research Methodology

The market study of the Indonesia Electric Two-Wheeler market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Indonesia Electric Two-Wheeler Market Research and Analysis by Product Type 

2. Indonesia Electric Two-Wheeler Market Research and Analysis by Battery Type

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.