Indonesia Two-Wheeler Market By Vehicle Type (Scooter/Moped and Motorcycle), By Propulsion (ICE and Electric), By End Use (Individual and Institutional) and By Region, Competition Forecast & Opportunities, 2018-2028F
Indonesia Two-Wheeler Market is driven by the increasing penetration of affordable two wheelers in the Indonesia market. The increase in the ease of availing loan and credit facilities in the country is also driving the market in the forecast years. Indonesia is one of the fastest-growing economies in Southeast Asia, with a population of over 270 million people. It is also the fourth most populous country in the world, making it a significant market for two-wheelers. The consumer market in Indonesia is driven by a growing middle class, which has been increasing in size and purchasing power, in recent years. The demand for consumer goods, including food, beverages, clothing, and electronics, has been growing steadily. E-commerce has also been growing in popularity, as more and more people in the country are turning to online shopping. This is leading to the rise in the last mile delivery services, overall leading to the rise in the demand of two-wheelers in the country in the forecast years.
Recent Developments
Indonesia government has announced the allocation of USD 455.88 Mn to subsidize electric two-wheeler sales through 2024. This subsidy is planned to cover sales of 800,000 new electric two-wheeler and conversion of 200,000 combustion engine motorcycles. This will lead to the rise in the adoption of two wheelers in the country in the forecast period. Similarly, the Damon Motors has partnered with Indonesian company PT Indika Energys for electric two-wheeler distribution in the Indonesian market. PT Astra Honda Motor has launched Honda CBR250RR SP in Indonesian market at the Indonesia International Motor Show 2023. Honda has also launched latest version of the Scoopy scooter in Indonesia two-wheeler market.
The Indonesian government has launched various initiatives to support small and medium-sized enterprises (SMEs), which play a significant role in the country's demand of two-wheelers from the consumer market. For example, the government has launched a digital marketing program for SMEs to help them expand their online presence and this will also influence the adoption of two wheelers in the Indonesia Two-wheeler Market.
Increasing Urbanization and Population Growth
Indonesia has experienced rapid urbanization in recent years, with a growing middle class and increasing population density in urban areas. As more people move to cities, the demand for affordable and efficient transportation options has increased, driving the growth of the two-wheeler market. Two-wheelers, especially motorcycles, are popular in Indonesia due to their affordability, fuel efficiency, and maneuverability in heavy traffic. The adoption of two-wheelers in the market is expected to rise as the demand for two-wheelers in the Indonesia Tire Market is increasing. The industrial market in Indonesia is also growing rapidly, driven by the country's large population and abundant natural resources. Key industries in Indonesia include oil and gas, mining, manufacturing, and agriculture. The government has also been investing heavily in infrastructure, including roads, ports, and airports, which has helped to spur economic growth and this economic growth is generating new demands for two-wheelers for daily commute in the country.
Government Policies and Incentives
The Indonesian government has implemented policies and incentives to support the growth of the two-wheeler market, including tax breaks for two-wheeler manufacturers and incentives for consumers to purchase environment friendly two-wheelers. For example, the government has implemented a program to encourage the use of electric motorcycles, which are seen as a more sustainable and environment-friendly alternative to traditional gasoline-powered motorcycles. These policies and incentives have helped to drive the growth of the two-wheeler market in Indonesia, making it a more attractive market for manufacturers and consumers alike. This has improved connectivity within the country and created opportunities for businesses that operate in the logistics and transportation sectors. All such factors will influence growth in the Indonesia Two-wheeler Market.
Changing Consumer Preferences
Consumer preferences in Indonesia are changing rapidly, with younger consumers increasingly interested in more advanced and technologically sophisticated vehicles. Companies that fail to keep up with these changing preferences risk losing market share. Similarly, most two-wheelers in Indonesia are purchased through financing. Changes in interest rates or financing options can significantly impact the demand for two-wheelers.
Market Segmentation
The Indonesia Two-wheeler Market is segmented by Vehicle Type, by Propulsion, by End Use and by Region. Based on vehicle type, the market is segmented into Scooter/Moped and Motorcycle. Similarly, based on propulsion, the market is segmented into ICE and Electric. Based on End Use, the market is divided into Individual and Institutional. Similarly, by region the market is divided into Sumatra, Kalimantan, Sulawesi, Maluku & Papua, Bali & Nusa, and Java.
Company Profiles
PT Astra Honda Motor, PT. Yamaha Indonesia Motor Manufacturing, PT Suzuki Indomobil Motor, PT TVS Motor Company, PT Bajaj Auto Indonesia, Pt Kawasaki motor Indonesia, Anak Elang Harley-Davidson, KTM Indonesia, BMW Indonesia and Piaggio Indonesia are the leading companies in Indonesia operating in the two-wheeler segment.
Report Scope:
In this report, Indonesia Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in Indonesia Two-Wheeler Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Recent Developments
Indonesia government has announced the allocation of USD 455.88 Mn to subsidize electric two-wheeler sales through 2024. This subsidy is planned to cover sales of 800,000 new electric two-wheeler and conversion of 200,000 combustion engine motorcycles. This will lead to the rise in the adoption of two wheelers in the country in the forecast period. Similarly, the Damon Motors has partnered with Indonesian company PT Indika Energys for electric two-wheeler distribution in the Indonesian market. PT Astra Honda Motor has launched Honda CBR250RR SP in Indonesian market at the Indonesia International Motor Show 2023. Honda has also launched latest version of the Scoopy scooter in Indonesia two-wheeler market.
The Indonesian government has launched various initiatives to support small and medium-sized enterprises (SMEs), which play a significant role in the country's demand of two-wheelers from the consumer market. For example, the government has launched a digital marketing program for SMEs to help them expand their online presence and this will also influence the adoption of two wheelers in the Indonesia Two-wheeler Market.
Increasing Urbanization and Population Growth
Indonesia has experienced rapid urbanization in recent years, with a growing middle class and increasing population density in urban areas. As more people move to cities, the demand for affordable and efficient transportation options has increased, driving the growth of the two-wheeler market. Two-wheelers, especially motorcycles, are popular in Indonesia due to their affordability, fuel efficiency, and maneuverability in heavy traffic. The adoption of two-wheelers in the market is expected to rise as the demand for two-wheelers in the Indonesia Tire Market is increasing. The industrial market in Indonesia is also growing rapidly, driven by the country's large population and abundant natural resources. Key industries in Indonesia include oil and gas, mining, manufacturing, and agriculture. The government has also been investing heavily in infrastructure, including roads, ports, and airports, which has helped to spur economic growth and this economic growth is generating new demands for two-wheelers for daily commute in the country.
Government Policies and Incentives
The Indonesian government has implemented policies and incentives to support the growth of the two-wheeler market, including tax breaks for two-wheeler manufacturers and incentives for consumers to purchase environment friendly two-wheelers. For example, the government has implemented a program to encourage the use of electric motorcycles, which are seen as a more sustainable and environment-friendly alternative to traditional gasoline-powered motorcycles. These policies and incentives have helped to drive the growth of the two-wheeler market in Indonesia, making it a more attractive market for manufacturers and consumers alike. This has improved connectivity within the country and created opportunities for businesses that operate in the logistics and transportation sectors. All such factors will influence growth in the Indonesia Two-wheeler Market.
Changing Consumer Preferences
Consumer preferences in Indonesia are changing rapidly, with younger consumers increasingly interested in more advanced and technologically sophisticated vehicles. Companies that fail to keep up with these changing preferences risk losing market share. Similarly, most two-wheelers in Indonesia are purchased through financing. Changes in interest rates or financing options can significantly impact the demand for two-wheelers.
Market Segmentation
The Indonesia Two-wheeler Market is segmented by Vehicle Type, by Propulsion, by End Use and by Region. Based on vehicle type, the market is segmented into Scooter/Moped and Motorcycle. Similarly, based on propulsion, the market is segmented into ICE and Electric. Based on End Use, the market is divided into Individual and Institutional. Similarly, by region the market is divided into Sumatra, Kalimantan, Sulawesi, Maluku & Papua, Bali & Nusa, and Java.
Company Profiles
PT Astra Honda Motor, PT. Yamaha Indonesia Motor Manufacturing, PT Suzuki Indomobil Motor, PT TVS Motor Company, PT Bajaj Auto Indonesia, Pt Kawasaki motor Indonesia, Anak Elang Harley-Davidson, KTM Indonesia, BMW Indonesia and Piaggio Indonesia are the leading companies in Indonesia operating in the two-wheeler segment.
Report Scope:
In this report, Indonesia Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Two-Wheeler Market, By Vehicle Type:
- Scooter/Moped
- Motorcycle
- Two-Wheeler Market, By Propulsion:
- ICE
- Electric
- Two-Wheeler Market, By End Use:
- Individual
- Institutional
- Two-Wheeler Market, By Region:
- Sumatra
- Kalimantan
- Sulawesi
- Maluku & Papua
- Bali & Nusa
- Java
Company Profiles: Detailed analysis of the major companies present in Indonesia Two-Wheeler Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. INTRODUCTION
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON INDONESIA TWO-WHEELER MARKET
5. VOICE OF CUSTOMER ANALYSIS
5.1. Brand Awareness
5.2. Factors Influencing Purchase Decision
5.3. Brand Satisfaction Level
5.4. Challenges/Unmet Needs
6. INDONESIA TWO-WHEELER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Scooter/Moped and Motorcycle)
6.2.2. By Propulsion Market Share Analysis (ICE and Electric)
6.2.3. By End Use Market Share Analysis (Individual and Institutional)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Sumatra Market Share Analysis
6.2.4.2. Kalimantan Market Share Analysis
6.2.4.3. Sulawesi Market Share Analysis
6.2.4.4. Maluku & Papua Market Share Analysis
6.2.4.5. Bali & Nusa Market Share Analysis
6.2.4.6. Java Market Share Analysis
6.2.5. By Company Market Share Analysis (Top 5 Countries, Others - By Value, 2022)
6.3. Indonesia Two-Wheeler Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Propulsion Type Market Mapping & Opportunity Assessment
6.3.3. By End Use Market Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. INDONESIA ICE TWO-WHEELER MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis (Motorcycle, Scooter/Moped)
7.2.2. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
7.2.3. By End Use Market Share Analysis
7.2.4. By Regional Market Share Analysis
8. INDONESIA ICE MOTORCYCLE MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
8.2.2. By End Use Market Share Analysis
8.2.3. By Regional Market Share Analysis
8.3. Product Benchmarking of Prominent Models
9. INDONESIA ICE SCOOTER/MOPED MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
9.2.2. By End Use Market Share Analysis
9.2.3. By Regional Market Share Analysis
9.3. Product Benchmarking of Prominent Models
10. INDONESIA ELECTRIC TWO-WHEELER MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type Market Share Analysis (Motorcycle, Scooter/Moped)
10.2.2. By Battery Capacity Market Share Analysis (>25Ah, <25Ah)
10.2.3. By Battery Type Market Share Analysis (Lead-Acid, Lithium Ion)
10.2.4. By End Use Market Share Analysis
10.2.5. By Regional Market Share Analysis
10.3. Product Benchmarking of Prominent Models
11. KEY DEVELOPMENTS IN THE INDUSTRY
11.1. Research and Innovation
11.2. New Products in the Market
11.3. Key Investments
11.4. Technological Developments
11.5. Key Takeaways
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS
14. PORTER’S FIVE FORCES MODEL
14.1. Competitive Rivalry
14.2. Bargaining Power of Buyers
14.3. Bargaining Power of Suppliers
14.4. Threat of New Entrants
14.5. Threat of Substitutes
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles (Up to 10 Major Companies)
15.1.1. PT Astra Honda Motor
15.1.1.1. Company Details
15.1.1.2. Products & Services
15.1.1.3. Recent Development
15.1.1.4. Key Management Personnel
15.1.2. PT. Yamaha Indonesia Motor Manufacturing
15.1.2.1. Company Details
15.1.2.2. Products & Services
15.1.2.3. Recent Development
15.1.2.4. Key Management Personnel
15.1.3. PT Suzuki Indomobil Motor
15.1.3.1. Company Details
15.1.3.2. Products & Services
15.1.3.3. Recent Development
15.1.3.4. Key Management Personnel
15.1.4. PT TVS Motor Company
15.1.4.1. Company Details
15.1.4.2. Products & Services
15.1.4.3. Recent Development
15.1.4.4. Key Management Personnel
15.1.5. PT Bajaj Auto Indonesia
15.1.5.1. Company Details
15.1.5.2. Products & Services
15.1.5.3. Recent Development
15.1.5.4. Key Management Personnel
15.1.6. Pt Kawasaki motor Indonesia
15.1.6.1. Company Details
15.1.6.2. Products & Services
15.1.6.3. Recent Development
15.1.6.4. Key Management Personnel
15.1.7. Anak Elang Harley-Davidson
15.1.7.1. Company Details
15.1.7.2. Products & Services
15.1.7.3. Recent Development
15.1.7.4. Key Management Personnel
15.1.8. KTM Indonesia
15.1.8.1. Company Details
15.1.8.2. Products & Services
15.1.8.3. Recent Development
15.1.8.4. Key Management Personnel
15.1.9. BMW Indonesia
15.1.9.1. Company Details
15.1.9.2. Products & Services
15.1.9.3. Recent Development
15.1.9.4. Key Management Personnel
15.1.10. Piaggio Indonesia
15.1.10.1. Company Details
15.1.10.2. Products & Services
15.1.10.3. Recent Development
15.1.10.4. Key Management Personnel
16. STRATEGIC RECOMMENDATIONS
16.1. Key Focus Areas
16.1.1. Target Regions & Countries
16.1.2. Target Vehicle Type
16.1.3. Target Propulsion
17. ABOUT US & DISCLAIMER
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON INDONESIA TWO-WHEELER MARKET
5. VOICE OF CUSTOMER ANALYSIS
5.1. Brand Awareness
5.2. Factors Influencing Purchase Decision
5.3. Brand Satisfaction Level
5.4. Challenges/Unmet Needs
6. INDONESIA TWO-WHEELER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Scooter/Moped and Motorcycle)
6.2.2. By Propulsion Market Share Analysis (ICE and Electric)
6.2.3. By End Use Market Share Analysis (Individual and Institutional)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Sumatra Market Share Analysis
6.2.4.2. Kalimantan Market Share Analysis
6.2.4.3. Sulawesi Market Share Analysis
6.2.4.4. Maluku & Papua Market Share Analysis
6.2.4.5. Bali & Nusa Market Share Analysis
6.2.4.6. Java Market Share Analysis
6.2.5. By Company Market Share Analysis (Top 5 Countries, Others - By Value, 2022)
6.3. Indonesia Two-Wheeler Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Propulsion Type Market Mapping & Opportunity Assessment
6.3.3. By End Use Market Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. INDONESIA ICE TWO-WHEELER MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis (Motorcycle, Scooter/Moped)
7.2.2. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
7.2.3. By End Use Market Share Analysis
7.2.4. By Regional Market Share Analysis
8. INDONESIA ICE MOTORCYCLE MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
8.2.2. By End Use Market Share Analysis
8.2.3. By Regional Market Share Analysis
8.3. Product Benchmarking of Prominent Models
9. INDONESIA ICE SCOOTER/MOPED MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Engine Capacity Market Share Analysis (Up to 125 cc, 126-250 cc, 251-500 cc, above 500 cc)
9.2.2. By End Use Market Share Analysis
9.2.3. By Regional Market Share Analysis
9.3. Product Benchmarking of Prominent Models
10. INDONESIA ELECTRIC TWO-WHEELER MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type Market Share Analysis (Motorcycle, Scooter/Moped)
10.2.2. By Battery Capacity Market Share Analysis (>25Ah, <25Ah)
10.2.3. By Battery Type Market Share Analysis (Lead-Acid, Lithium Ion)
10.2.4. By End Use Market Share Analysis
10.2.5. By Regional Market Share Analysis
10.3. Product Benchmarking of Prominent Models
11. KEY DEVELOPMENTS IN THE INDUSTRY
11.1. Research and Innovation
11.2. New Products in the Market
11.3. Key Investments
11.4. Technological Developments
11.5. Key Takeaways
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS
14. PORTER’S FIVE FORCES MODEL
14.1. Competitive Rivalry
14.2. Bargaining Power of Buyers
14.3. Bargaining Power of Suppliers
14.4. Threat of New Entrants
14.5. Threat of Substitutes
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles (Up to 10 Major Companies)
15.1.1. PT Astra Honda Motor
15.1.1.1. Company Details
15.1.1.2. Products & Services
15.1.1.3. Recent Development
15.1.1.4. Key Management Personnel
15.1.2. PT. Yamaha Indonesia Motor Manufacturing
15.1.2.1. Company Details
15.1.2.2. Products & Services
15.1.2.3. Recent Development
15.1.2.4. Key Management Personnel
15.1.3. PT Suzuki Indomobil Motor
15.1.3.1. Company Details
15.1.3.2. Products & Services
15.1.3.3. Recent Development
15.1.3.4. Key Management Personnel
15.1.4. PT TVS Motor Company
15.1.4.1. Company Details
15.1.4.2. Products & Services
15.1.4.3. Recent Development
15.1.4.4. Key Management Personnel
15.1.5. PT Bajaj Auto Indonesia
15.1.5.1. Company Details
15.1.5.2. Products & Services
15.1.5.3. Recent Development
15.1.5.4. Key Management Personnel
15.1.6. Pt Kawasaki motor Indonesia
15.1.6.1. Company Details
15.1.6.2. Products & Services
15.1.6.3. Recent Development
15.1.6.4. Key Management Personnel
15.1.7. Anak Elang Harley-Davidson
15.1.7.1. Company Details
15.1.7.2. Products & Services
15.1.7.3. Recent Development
15.1.7.4. Key Management Personnel
15.1.8. KTM Indonesia
15.1.8.1. Company Details
15.1.8.2. Products & Services
15.1.8.3. Recent Development
15.1.8.4. Key Management Personnel
15.1.9. BMW Indonesia
15.1.9.1. Company Details
15.1.9.2. Products & Services
15.1.9.3. Recent Development
15.1.9.4. Key Management Personnel
15.1.10. Piaggio Indonesia
15.1.10.1. Company Details
15.1.10.2. Products & Services
15.1.10.3. Recent Development
15.1.10.4. Key Management Personnel
16. STRATEGIC RECOMMENDATIONS
16.1. Key Focus Areas
16.1.1. Target Regions & Countries
16.1.2. Target Vehicle Type
16.1.3. Target Propulsion
17. ABOUT US & DISCLAIMER
