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Indonesia Electric Two-Wheeler Market – Analysis and Forecast (2018-2024)

The Indonesian electric two-wheeler market is predicted to grow at 14.2% CAGR during the forecast period with its fleet size reaching 41.0 thousand units by 2024. Indonesian light electric vehicles market is primarily driven by high level of vehicular pollution in the country and increasing demand to reduce CO2level 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.

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Indonesia Electric Two-Wheeler Market – Analysis and Forecast (2018-2024)

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  1. Get in Touch: 1-888-253-3960 enquiry@vynzresearch.com Indonesia Electric Two-Wheeler Market © 2018 VynZ Research All rights reserved

  2. About VynZ Research… VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The ▪ research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various ▪ sources including cross checking with different industry experts. Serving wide range of customers most of them from Fortune 2000 companies ▪ With a dedicated 24x7 customer helpline our customers can reach for specifying their needs ▪ Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at ▪ gaining and retaining its clients in order to make long term customer relationship. © 2018 VynZ Research All rights reserved

  3. Indonesia Electric Two-Wheeler Market Industry Overview The Indonesian electric two-wheeler market is predicted to grow at 14.2% CAGR during the forecast period with its fleet size reaching 41.0 thousand units by 2024. Indonesian light electric vehicles market is primarily driven by high level of vehicular pollution in the country and increasing demand to reduce CO2level by introducing a sustainable mode of transport. Different products including e-scooters and e-bikes are majorly contributing to the Market Segmentation electric two-wheeler market size in Indonesia. Insight by Product Based on product, the market is categorized into e-scooters, e-bikes, e-motorcycles and others. E-scooters hold the largest share in the Indonesian 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 functions similar 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 is generally more than 50km/hr. © 2018 VynZ Research All rights reserved

  4. Indonesia Electric Two-Wheeler Market insight by Battery Technology On the basis of battery technology, the market is categorized into removable battery and non-removable battery. Of both the categories, non-removable batteries are majorly used in the market as it is convenient for electric two-wheelers to plugin and charge batteries instead of removing and charging indoors. Insight by Voltage Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheeler hold the largest share in the Indonesian electric two-wheeler market, followed by 36V two-wheelers. Most of the e scooters run with a battery of 48V which provides it optimum power to perform better in the congested metropolitan cities of the country. © 2018 VynZ Research All rights reserved

  5. Indonesia Electric Two-Wheeler Market Industry Dynamics The increasing awareness regarding the usage of electric vehicles, need to curb vehicular emissions, and government initiatives are the key factors fueling the growth of the electric-two wheelers market in Indonesia. Government plans to collaborate with the manufacturers to increase the electric vehicle fleet size in the country. The market for light electric vehicles is still in its nascent stage in the country. In March 2018, Mitsubishi Motors Corp. has partnered with the Indonesian government on the use of electric vehicles to help the country reduce exhaust emissions and develop a greener environment. However, the high cost of the battery and thus of electric vehicles is the key factor hindering the growth of the Indonesian electric two-wheelers market. Competitive Insight Zero Motorcycles Inc., Segway, Inc., Viar Motor Indonesia, Skutis Corporation, and Xiomi, Inc. are some of the key players operating in the Indonesian electric two-wheelers market. © 2018 VynZ Research All rights reserved

  6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/indonesia-electric-two-wheeler- market/request-sample www.vynzresearch.com © 2018 VynZ Research All rights reserved

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