Product Code: ETC295768 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia Internal Combustion Engine Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 9.11% in 2025 and reaches 11.53% by 2029.
The Internal Combustion Engine market in Indonesia is projected to grow at a high growth rate of 10.43% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The internal combustion engine (ICE) market in Indonesia is anticipated to witness a healthy CAGR during 2025-2031 due to an upsurge in automotive production as well as emerging technologies such as electric vehicles (EVs). Additionally, various OEMs have started incorporating advanced technologies like turbocharged direct injection into their ICE models, which has further fueled its demand. Furthermore, increasing consumer spending power along with favorable government policies aiming towards encouraging clean air initiatives will drive the ICE sales across all application segments such as passenger cars, commercial vehicles & off-roaders over the forecast period.
The expansion of transportation and automotive industries, along with the demand for power generation in the country, will be significant drivers for internal combustion engines. However, there might be increasing emphasis on environmental concerns and a shift towards electric and hybrid alternatives.
In the Internal Combustion Engine Market, the transition towards electric and hybrid vehicles poses a significant challenge. The global trend towards sustainable transportation solutions impacts the demand for traditional internal combustion engines, urging manufacturers to adapt and diversify their product offerings. Government policies promoting eco-friendly vehicles and stringent emissions regulations also add complexity to the market dynamics.
The COVID-19 pandemic caused disruptions in the automotive supply chain and led to fluctuations in demand. However, it also underscored the need for resilient and sustainable transportation solutions. Post-pandemic recovery efforts and the shift towards greener technologies are expected to shape the future of the internal combustion engine market.
The internal combustion engine market in Indonesia could experience growth due to demand in automotive, industrial, and power generation sectors. Key players in this market might consist of companies like PT. Astra Honda Motor, PT. Toyota Motor Manufacturing Indonesia, and PT. Komatsu Indonesia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Internal Combustion Engine Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Internal Combustion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Internal Combustion Engine Market - Industry Life Cycle |
3.4 Indonesia Internal Combustion Engine Market - Porter's Five Forces |
3.5 Indonesia Internal Combustion Engine Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.6 Indonesia Internal Combustion Engine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Indonesia Internal Combustion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Internal Combustion Engine Market Trends |
6 Indonesia Internal Combustion Engine Market, By Types |
6.1 Indonesia Internal Combustion Engine Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Internal Combustion Engine Market Revenues & Volume, By Fuel, 2021-2031F |
6.1.3 Indonesia Internal Combustion Engine Market Revenues & Volume, By Petroleum, 2021-2031F |
6.1.4 Indonesia Internal Combustion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Indonesia Internal Combustion Engine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Internal Combustion Engine Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Indonesia Internal Combustion Engine Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Indonesia Internal Combustion Engine Market Revenues & Volume, By Aircraft, 2021-2031F |
7 Indonesia Internal Combustion Engine Market Import-Export Trade Statistics |
7.1 Indonesia Internal Combustion Engine Market Export to Major Countries |
7.2 Indonesia Internal Combustion Engine Market Imports from Major Countries |
8 Indonesia Internal Combustion Engine Market Key Performance Indicators |
9 Indonesia Internal Combustion Engine Market - Opportunity Assessment |
9.1 Indonesia Internal Combustion Engine Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.2 Indonesia Internal Combustion Engine Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Indonesia Internal Combustion Engine Market - Competitive Landscape |
10.1 Indonesia Internal Combustion Engine Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Internal Combustion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |