Industry Overview
The Indonesia Electric Two-Wheeler Market is predicted to grow at 15.2% CAGR during the forecast period with its fleet size reaching 44.0 thousand units by 2030.
The Indonesian two-wheeler market is primarily driven by a high level of vehicular pollution in the country and increasing demand to reduce CO2 levels by introducing a sustainable mode of transport. Different products including e-scooters and e-bikes are majorly contributing to the electric two-wheeler market size in Indonesia.
Indonesia Electric Two-Wheeler Market Report Coverage
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Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. XX Billion
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Revenue Forecast in 2030
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U.S.D. 44.0 Billion
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Growth Rate
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15.2%
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Segments Covered in the Report
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By Product, By Battery Type, By Battery Technology and By Voltage
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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Indonesia
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Indonesia Electric Two-Wheeler Industry Dynamics
Indonesia Electric Two-Wheeler Market Trends / Growth Drivers:
The Indonesia electric two-wheeler market is boosting due to government regulations, environmental awareness, and urbanization. Government support for EV adoption that includes tax breaks, subsidies, and incentives for both manufacturers and consumers, battery manufacturing focus, carbon emission targets to decrease pollution, urban air quality concerns, sustainability trends, cost-effectiveness as these vehicles are cheaper to maintain compared to traditional motorcycles, infrastructure development plays crucial role in the growth of the market.
Indonesia Electric Two-Wheeler Market Challenges:
Limited driving range of electric two-wheelers is a big concern for many consumers for the growth of the Indonesia electric two-wheeler market. High initial cost and lack of charging infrastructure too hamper the market growth.
Recent Developments by Key Players
Hero MotoCorp and Zero Motorcycles (California-based electric motorcycle manufacturer) collaborated to sell the latter’s offerings in the country. This partnership could result in a new electric platform.
Segway-Ninebot (the global leader in micromobility and robotics technology) has introduced its latest lineup of groundbreaking transportation products that redefine personal transportation.
Indonesia Electric Two-Wheeler Market Segmentation
VynZ Research provides an analysis of the key trends in each segment of the Indonesia Electric Two-Wheeler Market report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on product, battery type, battery technology and voltage.
Indonesia Electric Two-Wheeler Market : Geographic Overview
- China
- Japan
- India
- South Korea
- Vietnam
- Thailand
- Malaysia
- Rest of Asia-Pacific
Indonesia Electric Two-Wheeler Market Competitive Insight
Zero Motorcycles Inc. is an American manufacturer of electric motorcycles. Formerly called Electricross, it was founded in 2006 by Neal Saiki, a former NASA engineer, in Santa Cruz, California. The company is now located nearby in Scotts Valley.
Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.
The Indonesia Electric Two-Wheeler Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
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