| Status : Published | Published On : Nov, 2024 | Report Code : VRAT4047 | Industry : Automotive & Transportation | Available Format :
|
Page : 89 |
Indonesia Electric Two-Wheeler Market Size & Share | Growth Forecast Report 2030
Industry Insights by Product (E-scooters, E-bikes, E-motorcycles, Others), by Battery Type (Sealed Lead Acid, Li-ion, Ni-MH), by Battery Technology (Removable Battery, Non-removable Battery), by Voltage (24V, 36V, 48V, 60V, 72V) and by Geography (Indonesia)
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
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2024 |
U.S.D. XX Billion |
|
Revenue Forecast in 2030 |
U.S.D. 44.0 Billion |
|
Growth Rate |
15.2% |
|
Segments Covered in the Report |
By Product, By Battery Type, By Battery Technology and By Voltage |
|
Report Scope |
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 |
|
Regions Covered in the Report |
Indonesia |
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.
Insight by Product
- E-scooters
- E-bikes
- E-motorcycles
- Others
Based on product, the market is categorized into e-scooters, e-bikes, e-motorcycles, and others. E-scooters hold the largest share in the Indian market, in terms of revenue as well as fleet size. E-motorcycles are anticipated to witness the fastest growth during the forecast period. E-motorbikes also called electric motorcycles are plug-in electric vehicles, that function similarly to a traditional motorcycle but make use of electricity in place of gasoline. The e-motorbikes have a slightly higher speed compared to e-bikes and e-scooters, which are generally more than 50km/hr.
Insight by Battery Type
- Sealed Lead Acid
- Li-ion
- NiMH
Based on battery type, the market is segmented into sealed lead acid, Li-ion, and NiMH. Of all, sealed lead acid is the most common type of battery used in electric two-wheelers in India. Lower prices are the primary reason behind the highest share of sealed lead acid batteries in the Indian electric two-wheelers market.
Insight by Battery Technology
- Removable Batteries
- Non-Removable Batteries
Based on battery technology, the market is categorized into removable batteries and non-removable batteries. Of both categories, non-removable batteries are majorly used in the market as it is convenient for electric two-wheelers to plug in and charge batteries instead of removing and charging indoors.
Insight by Voltage
- 24V
- 36V
- 48V
- 60V
- 72V
Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheelers hold the largest share in the Indian electric two-wheeler market, followed by 36V two-wheelers. Most of the e-scooters run with a battery of 48V which provides optimum power to perform better in the congested metropolitan cities of the country.
Indonesia Electric Two-Wheeler Market : Geographic Overview
Northwest dominates the market due to continued government support, Like EV subsidies and exemptions.
Indonesia Electric Two-Wheeler Market Competitive Insight
- Zero Motorcycles Inc
- Segway Inc
- Viar Motor Indonesia
- Skutis Corporation
- Xiomi Inc
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.
PRIMARY RESEARCH INTERVIEWS - BREAKDOWN
Frequently Asked Questions
Purchase Options
Latest Report
Research Methodology
- Desk Research / Pilot Interviews
- Build Market Size Model
- Research and Analysis
- Final Deliverabvle
Connect With Our Sales Team
- Toll-Free: 1 888 253 3960
- Phone: +91 9960 288 381
- Email: enquiry@vynzresearch.com
Indonesia Electric Two-Wheeler Market