Indonesia Electric Bus Market (2023-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Vehicle Types (Plug-In Electric Bus, Hybrid Electric Bus, Battery Electric Bus), By End Users(Public, Private), By Charging Infrastructure(Ground Contact, Roof Pantograph, Gantry Pantograph, Plug Only, Induction), Regions(Sumatra, Java-Bali, Sumatra, Kalimantan, Sulawesi, Papua) and Competitive Landscape.     

Product Code: ETC001107 Publication Date: Jan 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 64 No. of Figures: 15 No. of Tables: 5

Indonesia Electric Bus Market Competition 2023


Indonesia Export Potential Assessment For Electric Bus Market (USD Values in Thousand)


Indonesia Electric Bus Market Synopsis

Indonesia Electric Bus Market is expected to grow significantly in the coming years as the government of Indonesia is planning to achieve zero-emission target by 2030 by launching 10,000 electric buses in Indonesia. DAMRI, Indonesia’s oldest state-operated public transport operator, plans to replace 500 of its old diesel buses with electric buses worth US$ 150 million with support from Asian Development Bank (ADB). The pandemic had a negative influence on the Electric Bus Market in Indonesia which is a key part of the Asia Pacific Electric Bus Market, as it has reduced the use of public transportation.

Furthermore, complete lockdown restrictions bought in force by governments around the world to contain the spread of coronavirus disrupted the supply chain and manufacturing processes and since Indonesia’s market is import-driven, such restrictions decelerated the adoption of electric buses in Indonesia.

Indonesia Electric Bus Market
According to 6Wresearch, Indonesia Electric Bus Market size is projected to grow at a CAGR of 75.3% during 2023F-2028F. Indonesia Electric Bus market is growing significantly owing to the rising demand for emission-free public transportation as it accounts for 27% of the total emission in Indonesia. Additionally, Trans Jakarta, the biggest transport operator, has started the operation of 30 electric buses in 2022 and is expected to add another 70 by the end of year. Also, an increasing number of local and international players entering the market along with rising collaboration of international and domestic players is expected to boost the Indonesia Electric Bus Market growth in the years to come.

Indonesia Electric Bus Industry is growing significantly on account of rising concern about greenhouse gas emissions as public transportation and autos account for 27% of the emissions in Indonesia. Moreover, high energy efficiency and quiet operations have further fuelled the demand for the electric bus market in the country. Additionally, Indonesia holds the world's largest nickel reserves which is a key raw material in electric batteries is expected to a surge in the manufacturing of electric buses in Indonesia in the coming years.

Market by Vehicle Types

By vehicle type, Battery electric buses dominate the Indonesian electric bus market as the majority of electric buses that started operating in Indonesia are battery-electric buses. Furthermore, battery-electric buses are expected to continue to dominate the market in the future, as the Indonesian government plans to achieve the net-zero emission target by electrifying the entire public transportation fleet in the future by deploying more battery-electric buses, as they are comparatively more environmentally friendly than hybrid buses.

Market by Charging Infrastructure

The current charging infrastructure consists entirely of plug-only chargers, as the infrastructure for such charging points is easier to develop and requires a relatively lower upfront investment. Moreover, a similar trend is expected to continue over the coming years with just a few charging units expected from other categories.

Market by End User

By end-users, public sector dominated Indonesia electric bus market in 2021 as private sector is reluctant to switch to electric variants owing to their higher cost. However, the public transportation authority has taken initiative of introducing electric buses. Thus, the current electric bus fleet is majorly government owned. The public sector will continue to dominate the electric bus market in the country.

Indonesia Electric Bus Market Revenue Share

Market by Regions

By Region, Java- Bali dominated the Indonesia electric bus market in 2021 as Jakarta is the first and the only city that had started the operation of 30 electric buses in Indonesia under Transakarta, the biggest public transport operator in Indonesia. Moreover, With the help of ADB funds, DAMRI (Djawatan Angkoetan Motor Repoeblik Indonesia), Indonesia's longest state-run public transportation company, wants to replace 500 of its outdated diesel buses with electric buses totalling $150 million and is also planning to start the operation in Jakarta, which would further boost the market for electric buses in Java-Bali region in the coming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Indonesia Electric Bus Market Overview
  • Indonesia Electric Bus Market Outlook
  • Indonesia Electric Bus Market Forecast
  • Historical Data and Forecast of Indonesia Electric Bus Market Revenues & Volume for the Period 2018-2028F
  • Historical Data and Forecast of Indonesia Electric Bus Market Revenues & Volume, By Vehicle Types, for the Period 2018-2028F
  • Historical Data and Forecast of Indonesia Electric Bus Market Revenues, By Charging Infrastructure, for the Period 2018-2028F
  • Historical Data and Forecast of Indonesia Electric Bus Market Revenues, By End User, for the Period 2018-2028F
  • Historical Data and Forecast of Indonesia Electric Bus Market Revenues, By Regions, for the Period 2018-2028F
  • Market Drivers and Restraints
  • Value Chain and Ecosystem
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Market Trends
  • Indonesia Electric Bus Market Revenue Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

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

By Vehicle Types

  • Battery Electric Bus
  • Hybrid Electric Bus

By Charging Infrastructure

  • Ground Contact
  • Roof Pantograph
  • Gantry Pantograph
  • Plug Only
  • Induction
  • By End User
  • Public
  • Private

By Regions

  • Java-Bali
  • Kalimantan
  • Sumatra
  • Sulawesi
  • Papua
Indonesia Electric Bus Market: FAQs
Yes, the report covers the impacts of the pandemic on Indonesia Electric Bus Market. The pandemic had a negative influence on the Electric Bus Market in Indonesia which is a key part of the Asia Pacific Electric Bus Market, as it has reduced the use of public transportation.
Indonesia Electric Bus market size is projected to grow at a CAGR of 75.3% during 2023F-2028F.
Battery electric buses dominate the Indonesian electric bus market as the majority of electric buses that started operating in Indonesia are battery-electric buses. Furthermore, battery-electric buses are expected to continue to dominate the market in the future, as the Indonesian government plans to achieve the net-zero emission target.
By end-users, public sector dominated Indonesia electric bus market in 2021 as private sector is reluctant to switch to electric variants owing to their higher cost. It will continue to dominate the market.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Indonesia Electric Bus Market Overview
3.1 Indonesia Electric Bus Market Revenues & Volume 2019-2028F
3.2 Indonesia Electric Bus Market - Industry Life Cycle
3.3 Indonesia Electric Bus Market - Porter’s Five Forces
3.4 Indonesia Electric Bus Market Revenue Share, By Vehicle Types, 2021 & 2028F
3.5 Indonesia Electric Bus Market Revenue Share, By Charging Infrastructure, 2021 & 2028F
3.6 Indonesia Electric Bus Market Revenue Share, By End User, 2021 & 2028F
3.7 Indonesia Electric Bus Market Revenue Share, By Regions, 2021 & 2028F
4. Impact Analysis of COVID-19 on Indonesia Electric Bus Market
5. Indonesia Electric Bus Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Indonesia Electric Bus Market Trends
7. Indonesia Electric Bus Market Overview, By Vehicle Types
7.1 Indonesia Electric Bus Market Revenues & Volume, by Battery 2019-2028F
7.2 Indonesia Electric Bus Market Revenues & Volume, by Hybrid 2019-2028F
8. Indonesia Electric Bus Market Overview, By Charging Infrastructure
8.1 Indonesia Electric Bus Market Revenues, By Ground Contact, 2019-2028F
8.2 Indonesia Electric Bus Market Revenues, By Roof Pantograph , 2019-2028F
8.3 Indonesia Electric Bus Market Revenues, By Gantry Pantograph, 2019-2028F
8.4 Indonesia Electric Bus Market Revenues, By Plug Only , 2019-2028F
8.5 Indonesia Electric Bus Market Revenues, By Induction, 2019-2028F
9. Indonesia Electric Bus Market Overview, By End User
9.1 Indonesia Electric Bus Market Revenues, By Public, 2019-2028F
9.2 Indonesia Electric Bus Market Revenues, By Private, 2019-2028F
10. Indonesia Electric Bus Market Overview, By Regions
10.1 Indonesia Electric Bus Market Revenues, By Java-Bali, 2019-2028F
10.2 Indonesia Electric Bus Market Revenues, By Kalimantan, 2019-2028F
10.3 Indonesia Electric Bus Market Revenues, By Sumatra, 2019-2028F
10.4 Indonesia Electric Bus Market Revenues, By Sulawesi, 2019-2028F
10.5 Indonesia Electric Bus Market Revenues, By Papua, 2019-2028F
11. Indonesia Electric Bus Market - Key Performance Indicators
12. Indonesia Electric Bus Market - Opportunity Assessment
12.1 Indonesia Electric Bus Market Opportunity Assessment, By Vehicle Types 2028F
12.2 Indonesia Electric Bus Market Opportunity Assessment, By Charging Infrastructure 2028F
12.3 Indonesia Electric Bus Market Opportunity Assessment, By End User, 2028F
13. Indonesia Electric Bus Market Competitive Landscape
13.1 Indonesia Electric Bus Market Revenue Share, By Company, 2021
13.2 Indonesia Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters
14. Company Profiles
14.1 BYD. Co.LTD
14.2 PT Mobil Anak Bangsa Indonesia (MABI)
14.3 Higer Bus Company Limited
14.4 Skywell New Energy Automobile Group Co. Ltd
15. Key Recommendations
16. Disclaimer
List of figures
1. Indonesia Electric Bus Market Revenues & Volume, 2018-2028F ($ Million, Units)
2. Indonesia Electric Bus Market Revenue Share, By Vehicle Types, 2021 & 2028F
3. Indonesia Electric Bus Market Volume Share, By Vehicle Types, 2021 & 2028F
4. Indonesia Electric Bus Market Revenue Share, By Charging Infrastructure, 2021 & 2028F
5. Indonesia Electric Bus Market Volume Share, By End Users, 2021 & 2028F
6. Indonesia Electric Bus Market Revenue Share, By Regions, 2021 & 2028F
7. Indonesia Annual Average PM2.5 Concentration by Cities, 2020 & 2021 (μg/m³)
8. Indonesia Nickel Ore Output, 2020-2021, (Million Tonnes)
9. Indonesia Region-Wise Number of Level 3 Charging Station, 2021 (Units)
10. Indonesia Percentage Use Of Public Transportation Target, 2029F
11. Indonesia Electric Bus Market Opportunity Assessment, By Vehicle Types, 2028F
12. Indonesia Electric Bus Market Opportunity Assessment, By Charging Infrastructure, 2028F
13. Indonesia Electric Bus Market Opportunity Assessment, By End Users, 2028F
14. Indonesia Electric Bus Market Revenue Share, By Companies, 2021
15. Indonesia Opportunity In Electric Bus Market Region Wise, ($ Million)
List of Tables
1: Indonesia Electric Bus Market Revenues, By Vehicle Types, 2018-2028F ($ Million)
2: Indonesia Electric Bus Market Volume, By Vehicle Types, 2018-2028F (Units)
3: Indonesia Electric Bus Market Revenues, By Charging Infrastructure, 2018-2028F ($ Million)
4: Indonesia Electric Bus Market Volume, By End Users, 2018-2028F (Units)
5: Indonesia Electric Bus Market Revenues, By Regions, 2018-2028F ($ Million)
 

Market Forecast By Vehicle Types (Plug-In Electric Bus, Hybrid Electric Bus, Battery Electric Bus), By End Users(Public, Private), By Charging Infrastructure(Ground Contact, Roof Pantograph, Gantry Pantograph, Plug Only, Induction), Regions(Sumatra, Java-Bali, Sumatra, Kalimantan, Sulawesi, Papua) and Competitive Landscape.     

Product Code: ETC001107 Publication Date: Sep 2019 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

The rising concern about greenhouse gases emission, long term cost benefits in terms of operation and maintenance cost, and zero-emission policy are the key drivers for the growth of the electric bus market in Indonesia. Moreover, high energy efficiency and quiet operations have further fueled the demand for the electric bus market in the country. Abundant reserves of nickel ore, a key raw material in electric batteries, has led to a surge in the manufacturing of electric bus in Indonesia market. However, lack of availability of charging infrastructure and high average selling price of electric buses acts as a restraint in the growth of the electric bus market in the country.

According to 6Wresearch, Indonesia Electric Bus Market size is expected to grow during the forecast period 2019-2025. High growth is expected in the market on the back of increasing concern about environmental pollution coupled with technological advancement in the country. The government of Indonesia has entered into an agreement with Renault and Volvo for setting up of their factories and assembly units in the country, which would manufacture around 750,000 electric vehicles by 2030, resulting in a surge in electric bus market revenues in the country.

Based on type, battery-operated electric buses have gained popularity due to its overall high efficiency, reliability, relatively low cost, and good battery backup. Plug-in hybrid electric buses are a transitional technology between battery electric buses and hybrid electric buses and it has a great capability of reduced fuel consumption.

Indonesia Electric Bus Market report thoroughly covers the report by its vehicle types, end users, infrastructure charging and regions. Indonesia electric bus market report provides an unbiased and detailed analysis of the market trend analysis, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Key Highlights of the Report:

  • Indonesia Electric Bus Market Overview
  • Indonesia Electric Bus Market Outlook
  • Indonesia Electric Bus Market Forecast
  • Historical Data of Indonesia Electric Bus Market Revenues for the Period 2015-2018
  • Indonesia Electric Bus Market Size and Forecast of Revenues, Until 2025
  • Historical Data of Indonesia Electric Bus Market Revenues, by Vehicle Types, for the Period 2015-2018
  • Market Size & Forecast of Indonesia Electric Bus Market Revenues, by Vehicle Types, until 2025
  • Historical Data of Indonesia Electric Bus Market Revenues, by Charging Infrastructure, for the Period 2015-2018
  • Market Size & Forecast of Indonesia Electric Bus Market Revenues, by Charging Infrastructure, until 2025
  • Historical Data of Indonesia Electric Bus Market Revenues, by End User, for the Period 2015-2018
  • Market Size & Forecast of Indonesia Electric Bus Market Revenues, by End User, until 2025
  • Historical Data of Indonesia Electric Bus Market Revenues, by Regions, for the Period 2015-2018
  • Market Size & Forecast of Indonesia Electric Bus Market Revenues, by Regions, until 2025
  • Market Drivers and Restraints
  • Indonesia Electric Bus Market Trends
  • Market Opportunity Assessment
  • Indonesia Electric Bus Market Share, By Regions
  • Indonesia Electric Bus Market Share, By Players
  • Indonesia Electric Bus Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

 

Markets Covered

The Indonesia Electric Bus market report provides a detailed analysis of the following market segments:

  • By Vehicle Types:
    • Plug-In Electric Bus
    • Hybrid Electric Bus
    • Battery Electric Bus

  • By End Users:
    • Public
    • Private

  • By Charging Infrastructure:
    • Ground Contact
    • Roof Pantograph
    • Gantry Pantograph
    • Plug Only
    • Induction

  • Regions: 
    • Sumatra
    • Java-Bali
    • Sumatra
    • Kalimantan
    • Sulawesi
    • Papua

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