Market Forecast By Charger Types (AC and DC), By DC Charger Connector Types (CHAdeMO, CCS, and Others (including Tesla superchargers and GB/T)), By DC Charger Power Ratings (40-80 kW, 80-120 kW, and 120-200 kW), By End Consumers (Public and Private) And Competitive Landscape.
Product Code: ETC174467 | Publication Date: Apr 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 8 | |
Report Name | Indonesia Electric Truck Market |
Forecast period | 2025-2031 |
Forecast Size | USD Billion by 2031 |
CAGR | 8% |
Growing Sector | Charging Infrastructure Sector |
Indonesia Electric Truck Market report thoroughly covers the market By Charger Types, By DC Charger Connector Types, By DC Charger Power Ratings, By End Consumers. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Indonesian electric vehicle business is growing quickly thanks to government programs that encourage green transportation and more people caring about the environment. As the need for environmentally friendly transportation solutions grows, industries like freight and e-commerce are turning to electric trucks to cut down on costs and carbon emissions. The market is growing because battery technology is getting better, charging stations are getting better, and people who use electric cars can get tax breaks. To meet the needs of the industry, big names in the car business are spending in new designs that offer more space for cargo and longer driving range. As companies and the government work together to make transportation more environmentally friendly, the Indonesian electric truck market has a lot of room to grow, even though there are some problems, such as high start-up costs and a lack of proper infrastructure.
According to 6Wresearch, the Indonesia Electric Truck Market Size is expected to reach a significant CAGR of 8% during the forecast period 2025-2031. The market will so expand rapidly within the next few years. To reduce carbon emissions and reliance on conventional fuels, more and more government initiatives are motivating individuals to purchase electric cars (EVs). As more money is invested in EV infrastructure and battery technology is improving, the market is also likely to expand. In sectors such mining, building, and logistics where companies wish to be more ecologically friendly and save expenses, electric vehicles are likely to become rather popular. With the worldwide trend toward environmentally friendly solutions, Indonesia's electric truck industry presents several opportunities for businesses and manufacturers seeking better methods of operation.
Indonesia's commitment to cleaner transportation and renewable energy is driving rapid growth in the electric car market. As government initiatives and incentives for electric truck market in Indinesia expand, an increasing number of businesses are switching to them to reduce pollution and expenses. As e-commerce and logistics expand, the necessity for ecologically responsible delivery techniques becomes increasingly important. To satisfy Indonesia's needs and surroundings, market players are emphasizing the development of new technologies and products, such as improved battery technology and longer ranges. Furthermore, local actors and manufacturers are collaborating to build a robust EV infrastructure that will ensure the electric truck sector in Indonesia has a bright future.
The Electric Truck Market Industry is an excellent investment since the Indonesian government wants to be green and meet its net-zero pollution targets by 2031. The company is open to expansion and fresh ideas since more and more people demand ecologically sustainable means of mobility. Government incentives, a rising e-commerce company needing good delivery, and more individuals caring about the planet are all vital. Big names in the electric vehicle industry are seeing Indonesia as a hub since it boasts a lot of nickel mines, which are required to create batteries for electric vehicles. By concentrating on developing charging stations, manufacturing locally, and creating batteries, investors in this company can profit. Indonesia will see a lot more electric trucks since they are environmentally friendly and over eventually profitable.
Tesla, BYD, Mitsubishi Fuso, Hyundai, and Volvo are among the leading Indonesian electric truck manufacturers. These enterprises are paving the road for more environmentally friendly transportation by developing cutting-edge electric trucks that are compatible with the area's operations and business requirements. Hyundai and Mitsubishi Fuso are focused on developing electric solutions that may be employed in a variety of business circumstances. Tesla and BYD, on the other hand, provide cutting-edge battery technologies. Volvo is the market leader in heavy-duty applications, thanks to its powerful and spacious electric trucks. These large corporations have a significant impact on the growth of Indonesia's electric truck market share. This is because government programs encourage green transportation and raise public awareness of its effects.
The Indonesian government is actively pushing the use of electric vehicles (EVs), particularly electric trucks, to reduce greenhouse gas emissions and reliance on fossil fuels. Key initiatives include subsidies and tax breaks for EV makers and buyers, as well as import duty waivers for EV components. The Ministry of Industry has also drawn out a plan to enhance EV production, with the goal of having at least 20% of Indonesia's vehicles be electric by 2025. Regulations also encourage the development of EV charging infrastructure around the country to help with uptake. These regulations aim to expedite the transition to cleaner transportation and establish Indonesia as a leader in Southeast Asia's electric vehicle market.
Thanks to the government's emphasis on green transportation and reduction of carbon emissions, Indonesia's electric truck market will expand significantly in the coming years. Policies from the government supporting electric automobiles, new battery technologies, and charging stations—which more money is pouring into—help electric trucks catch on. As Indonesia's e-commerce and logistics sectors expand rapidly, many individuals are seeking for environmentally friendly and effective means of transportation. This is rendering the field far more robust. Important actors are probably going to develop fresh models fit for the local context, therefore enhancing performance and the local economy. Moreover, more people learning about the environmental advantages and less expenses of owning electric cars would help them to be more popular. This would make them crucial component of Indonesia's shift to environmentally friendly energy source.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
In the electric truck industry of Indonesia, it is anticipated that direct current (DC) fast chargers will dominate the market in terms of charger varieties. DC fast chargers have emerged as the preferable option due to the growing demand for rapid charging solutions, particularly for commercial and logistics fleets. In comparison to Alternating Current (AC) chargers, they provide fleet operators with significantly quicker charging times, thereby guaranteeing operational efficiency. Additionally, the Indonesian government's initiative to enhance electric vehicle infrastructure, in conjunction with investments in high-capacity DC charging networks, is further accelerating this trend. The rising popularity of electric vehicles in Indonesia is significantly facilitated by the convenience and speed of DC fast chargers.
According to Ravi Bhandari, Research Head, 6Wresearch, the Combined Charging System (CCS) is predicted to drive DC charger connector types to dominate the Indonesian electric truck sector. Fleet managers and manufacturers like it because of its adaptability and fit with different kinds of vehicles. The high-power charging features of CCS help to enable the fast energy transmission required for the commercial uses. Moreover, the advocacy of the Indonesian government for a consistent charging infrastructure is much in line with the acceptance of CCS since it ensures homogeneity and compatibility. Growing integration of CCS into new electric truck models and the spread of CCS-compatible charging networks are driving dominance of CCS into the DC charger the sector.
Most likely, the DC charger power rating market in the Indonesian electric car industry will be dominated by the 120-200 kW range. This power range is engineered to satisfy the requirements of commercial vehicles by optimizing the balance between charging speed and energy efficiency. It is indispensable for fleet operations that necessitate minimal interruption due to its capacity to yield rapid turnaround times. The acceptability of 120-200 kW chargers is significantly buoyed by the increasing demand for medium-sized and heavy-duty electric vehicles, which necessitate higher power outputs. The sector's long-term growth and market dominance are guaranteed by the increased emphasis on the development of robust charging networks within this power range.
By end users in Indonesia's electric truck industry, the public segment is expected to rule the market. The expanding public charging infrastructure in important industrial and metropolitan locations is what fuels this expansion. Public chargers help to promote the acceptance of electric trucks by offering dependable and easily available choices for both fleet managers and personal consumers. Public charger installations are further enhanced by government projects targeted on sustainability and pollution reduction, which greatly appeal to end users. Furthermore, the adaptability and simplicity of public charging systems meet different user needs, therefore confirming their supremacy in the market.
The market report has been segmented and sub-segmented into the following categories:
1. Introduction |
1.1 Market Scope & Segmentation |
1.2 Research Methodology – Sources of Information |
1.3 Robust Forecasting Model |
1.4 Assumptions |
2. Indonesia Electric Truck Market Overview |
2.1. Indonesia Electric Truck Market Overview |
2.2. Indonesia Electric Truck Market Revenues and Volume, 2021-2031 |
2.3. Indonesia Electric Truck Market Revenue Share, By Types |
2.3.3. Indonesia Electric Truck Market Revenue and Volume Share, 2021 & 2031 |
2.4. Indonesia Electric Truck Market Revenues and Volume, 2021-2031 |
2.5. Indonesia Electric Truck Market Overview, By Types |
3. Indonesia Electric Truck Charging Infrastructure Market Overview |
3.1. Indonesia Electric Truck Charger Market Revenues and Volume, 2021-2031 |
3.2. Indonesia Electric Truck Charger Market Revenue and Volume Share, By Types, 2021 & 2031 |
3.2.1. Indonesia AC Charger Electric Vehicle Market Revenue and Volume Share, 2021 & 2031 |
3.2.2. Indonesia DC Charger Electric Vehicle Market Revenue and Volume Share, 2021 & 2031 |
3.3. Indonesia Electric Truck Charger Market Revenues and Volume, By Type 2021-2031 |
3.3.1. Indonesia AC Charger Electric Vehicle Market Revenues and Volume, 2021 & 2031 |
3.3.2. Indonesia DC Charger Electric Vehicle Market Revenues and Volume, 2021 & 2031 |
3.4. Indonesia Electric Truck Charger Market Volume Share, By End Consumers, 2021 & 2031 |
3.4.1. Indonesia Public End Consumer Electric Bus Charger Market Volume, 2016-2031 |
3.4.1. Indonesia Private End Consumer Electric Bus Charger Market Volume, 2016-2031 |
3.5. Indonesia DC Charger Market Volume Share, By Connector Types, 2021 & 2031 |
3.5.1. Indonesia CHAdeMO DC Electric Bus Charger Market Volume, 2016-2031 |
3.5.2. Indonesia CCS DC Electric Bus Charger Market Volume, 2016-2031 |
3.5.3. Indonesia Other DC Electric Bus Charger Market Volume, 2016-2031 |
3.6. Indonesia DC Charger Market Volume Share, By Power Rating, 2021 & 2031 |
3.6.1. Indonesia 40-80 kW DC Electric Vehicle Charger Market Volume, 2016-2031 |
3.6.2. Indonesia 80-120 kW DC Electric Vehicle Charger Market Volume, 2016-2031 |
3.6.3. Indonesia 120-200 kW DC Electric Vehicle Charger Market Volume, 2016-2031 |
3.7. Indonesia Electric Truck High Power Charger Market Volume, 2022F-2031 |
3.8. Indonesia Electric Truck Charging Infrastructure - Ecosystem |
4. Indonesia Electric Truck Competitive Landscape |
4.1. Indonesia Electric Truck Charger Volume, By Company, 2021 |
4.2. Indonesia Electric Truck Charger Market Volume Share, By Company, 2024 |
5. Company Profiles |
6. Disclaimer |
Product Code: ETC174467 | Publication Date: Jan 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |