Indonesia Two Wheeler Market (2023-2029) | Forecast, Size, Growth, Companies, Value, Analysis, Outlook, Industry, Trends, Share, Revenue & COVID-19 IMPACT

Topics Covered in the Indonesia Two Wheeler Market Report

The Indonesia two wheeler market report thoroughly covers the market by vehicle type, by engine capacity and competitive landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Two Wheeler Market Synopsis

The Indonesia two wheeler industry is one of the largest and most vibrant in Southeast Asia, characterized by a robust demand for motorcycles and scooters. The market is driven by several factors, including the country's population size, rapid urbanization, and the need for affordable and efficient modes of transportation. Motorcycles are a popular choice for daily commuting, especially in congested urban areas, offering convenience and cost-effectiveness. Key players in the market include both domestic and international manufacturers, each offering a wide range of models to cater to diverse consumer preferences and needs. With an increasing focus on environmental sustainability and government incentives for electric vehicles, the market is also witnessing a growing interest in electric scooters and motorcycles as a cleaner alternative to traditional gasoline-powered two-wheelers. However, challenges such as traffic congestion, safety concerns, and infrastructure development remain important considerations in the industry's ongoing growth and development.

The market has witnessed a shift towards electric scooters and motorcycles, driven by environmental concerns and government incentives. Major manufacturers and local startups have been introducing electric two-wheeler models to cater to this emerging market. Additionally, there has been a growing emphasis on safety features and technology integration in traditional gasoline-powered two-wheelers, with the inclusion of features like anti-lock braking systems (ABS) and smartphone connectivity. The market has also seen increased competition, with several international and domestic brands vying for market share by offering a wide range of models and price points to cater to diverse consumer preferences and needs.

The Indonesia two-wheeler market continues to evolve with several prominent trends shaping the industry. Firstly, there is a growing shift towards electric scooters and motorcycles, driven by environmental concerns and government incentives to reduce emissions and promote clean energy. This trend is particularly significant in urban areas where congestion and pollution are issues. Secondly, there is an increasing emphasis on safety features, with the incorporation of technologies like anti-lock braking systems (ABS) and traction control systems (TCS) in both traditional gasoline-powered and electric two-wheelers. Thirdly, manufacturers are focusing on affordability by introducing entry-level models to cater to a wide range of consumers.

According to 6Wresearch, Indonesia Two Wheeler Market Size is projected to grow at a CAGR of 7.20% and it will reach a volume of US$8.80bn during the forecast period. The Indonesia two-wheeler market is driven by several key factors contributing to its sustained growth. Firstly, the country's burgeoning population and rapid urbanization have fueled the demand for affordable and efficient modes of transportation, with motorcycles and scooters being popular choices for daily commuting, particularly in congested urban areas. Secondly, the economic growth and rising disposable incomes have made two-wheelers more accessible to a broader range of consumers. Additionally, ongoing infrastructure development projects and improved road networks have further facilitated the adoption of two-wheelers. Furthermore, the market's resilience is influenced by the need for convenient and cost-effective transportation solutions, particularly in densely populated areas. Lastly, the emerging interest in electric two-wheelers, driven by environmental concerns and government incentives, is expected to be a significant growth driver in the coming years as the industry responds to cleaner and more sustainable mobility options.

COVID-19 Impact on Indonesia Two Wheeler Market

The pandemic had a negative impact on the Indonesia Two Wheeler Market Revenues. The COVID-19 pandemic had a mixed impact on the Indonesia two-wheeler market. Initially, the market faced challenges as lockdowns and restrictions affected manufacturing, supply chains, and sales. Consumer spending on non-essential items, including two-wheelers, declined as economic uncertainty grew. However, two-wheelers, particularly motorcycles and scooters, proved resilient as essential transportation modes during the pandemic, enabling individuals to maintain mobility while adhering to social distancing measures. As the crisis continued, there was a surge in e-commerce and last-mile delivery services, driving demand for two-wheelers used in delivery and logistics. This shift, along with the need for personal mobility in the face of public transportation concerns, eventually led to a rebound in sales. The industry adapted by offering online sales platforms and contactless services, underscoring the sector's ability to adapt to changing consumer preferences and external challenges.

Key Players in the Indonesia Two Wheeler Market

The Indonesia two-wheeler market features a competitive landscape with several key players driving its dynamism. Domestically, PT Astra Honda Motor (AHM) stands out as a significant player, jointly operated by Astra International and Honda, offering a wide array of motorcycles and scooters that have gained immense popularity. Yamaha Indonesia Motor Manufacturing (YIMM), a subsidiary of Yamaha Motor Co., Ltd., is another prominent domestic manufacturer known for its diverse product portfolio. Further, some of the companies together hold majority of the Indonesia Two wheeler market share.  Internationally, companies like Suzuki, Kawasaki, and KTM have a notable presence, providing a variety of models catering to the preferences of Indonesian consumers. Additionally, the market has seen the emergence of electric two-wheeler startups like Gesits, indicating the increasing interest in electric mobility solutions and adding to the competitive landscape.

Market by Vehicle Type

According to Ravi Bhandari, Research Head, 6Wresearch, the Indonesia two-wheeler market encompasses a diverse range of vehicle categories tailored to the needs of consumers in this dynamic market. These categories include motorcycles, which are further subdivided into scooters and traditional motorcycles. Scooters are popular for urban commuting due to their ease of use, automatic transmissions, and compact design. Traditional motorcycles, on the other hand, are favoured for their versatility and are often used for a variety of purposes, including daily commuting, recreational riding, and business deliveries. Within these categories, there are various engine capacities to cater to different performance and price points, ensuring a wide selection for consumers with varying preferences and requirements.

Market by Engine Capacity

The Indonesia two-wheeler market offers a range of engine capacity categories to accommodate diverse consumer needs. The market typically includes small-displacement scooters and motorcycles with engine capacities ranging from 125cc to 250 cc, which are favored for their fuel efficiency and suitability for urban commuting. There are also mid-range options with engine capacities of 250 cc to 500cc, appealing to consumers seeking a balance between city manoeuvrability and highway performance. Further, the Indonesia also hold a major share of the Asia Pacific Two Wheeler Market. Larger motorcycles with engine capacities exceeding 250cc are available, including sports bikes, cruisers, and adventure motorcycles, catering to enthusiasts and long-distance riders. This wide variety of engine capacities ensures that consumers can find two-wheelers that match their specific preferences, whether for daily commuting or recreational riding.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Two Wheeler Market Outlook
• Market Size of Indonesia Two Wheeler Market, 2022
• Forecast of Indonesia Two Wheeler Market, 2029
• Historical Data and Forecast of Indonesia Two Wheeler Revenues & Volume for the Period 2019-2029
• Indonesia Two Wheeler Market Trend Evolution
• Indonesia Two Wheeler Market Drivers and Challenges
• Indonesia Two Wheeler Price Trends
• Indonesia Two Wheeler Porter's Five Forces
• Indonesia Two Wheeler Industry Life Cycle
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Vehicle Type for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Motorcycle for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Scooter/Moped for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Engine Capacity for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Up to 125cc for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By 126-250cc for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By 251-500cc for the Period 2019-2029
• Historical Data and Forecast of Indonesia Two Wheeler Market Revenues & Volume By Above 500cc for the Period 2019-2029
• Indonesia Two Wheeler Import Export Trade Statistics
• Market Opportunity Assessment By Vehicle Type
• Market Opportunity Assessment By Engine Capacity
• Indonesia Two Wheeler Top Companies Market Share
• Indonesia Two Wheeler Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Two Wheeler Company Profiles
• Indonesia Two Wheeler Key Strategic Recommendations

Markets Covered

The Indonesia two wheeler market report provides a detailed analysis of the following market segments:

By Vehicle Type

• Motorcycle
• Scooter
• Moped

By Engine Capacity

• Up to 125cc
• 126-250cc
• 251-500cc
• Above 500cc

Frequently Asked Questions About the Market Study (FAQs):