Product Code: ETC4578329 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Indonesia`s vehicle electrification market is experiencing significant growth as the nation strives to reduce its carbon footprint and embrace sustainable transportation solutions. The demand for electric vehicles (EVs) and hybrid vehicles has seen a notable upswing, driven by government incentives, environmental awareness, and technological advancements. Market players are focusing on developing efficient and affordable battery technologies, charging infrastructure, and power management systems to meet the evolving needs of consumers and the regulatory landscape.
The Indonesia Vehicle Electrification Market is driven by several key factors. Firstly, the increasing environmental concerns and the need to reduce greenhouse gas emissions are pushing the adoption of electric vehicles (EVs) and hybrid vehicles. The Indonesian government is implementing policies to promote clean energy and reduce the reliance on fossil fuels, providing incentives and subsidies for electric vehicle manufacturers and consumers. Additionally, the rising fuel prices and the desire for more fuel-efficient transportation options are driving the growth of electric vehicles. As technology advances and the charging infrastructure improves, EVs become a more viable and attractive option for consumers and businesses, further stimulating the market`s growth.
Challenges in the Indonesian vehicle electrification market are centered on infrastructure and consumer awareness. Establishing a comprehensive charging infrastructure across the country remains a significant challenge, as it is essential for electric vehicle adoption. Simultaneously, educating consumers about the benefits of electrified vehicles and addressing misconceptions is necessary to boost acceptance.
The pandemic accelerated the shift towards vehicle electrification, as consumers and governments pushed for more sustainable transportation options. This market saw increased interest and investment in electric and hybrid vehicles, with automakers adapting their strategies to align with this shift.
The vehicle electrification market in Indonesia is experiencing rapid growth, with companies like PT ElectraDrive and PT PowerSolutions leading the way in providing electric drivetrain components and solutions to support the transition to electric mobility.
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 Vehicle Electrification Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Vehicle Electrification Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Vehicle Electrification Market - Industry Life Cycle |
3.4 Indonesia Vehicle Electrification Market - Porter's Five Forces |
3.5 Indonesia Vehicle Electrification Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Vehicle Electrification Market Revenues & Volume Share, By Degree of Hybridization, 2021 & 2031F |
4 Indonesia Vehicle Electrification Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Vehicle Electrification Market Trends |
6 Indonesia Vehicle Electrification Market, By Types |
6.1 Indonesia Vehicle Electrification Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Vehicle Electrification Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Vehicle Electrification Market Revenues & Volume, By Start/Stop System, 2021-2031F |
6.1.4 Indonesia Vehicle Electrification Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.1.5 Indonesia Vehicle Electrification Market Revenues & Volume, By Electric Air-Conditioner Compressor, 2021-2031F |
6.1.6 Indonesia Vehicle Electrification Market Revenues & Volume, By Electric Vacuum Pump, 2021-2031F |
6.1.7 Indonesia Vehicle Electrification Market Revenues & Volume, By Electric Oil Pump, 2021-2031F |
6.1.8 Indonesia Vehicle Electrification Market Revenues & Volume, By Electric Water Pump, 2021-2031F |
6.1.9 Indonesia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.1.10 Indonesia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.2 Indonesia Vehicle Electrification Market, By Degree of Hybridization |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Vehicle Electrification Market Revenues & Volume, By Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, 2021-2031F |
6.2.3 Indonesia Vehicle Electrification Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.2.4 Indonesia Vehicle Electrification Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.2.5 Indonesia Vehicle Electrification Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.2.6 Indonesia Vehicle Electrification Market Revenues & Volume, By 48 V, 2021-2031F |
7 Indonesia Vehicle Electrification Market Import-Export Trade Statistics |
7.1 Indonesia Vehicle Electrification Market Export to Major Countries |
7.2 Indonesia Vehicle Electrification Market Imports from Major Countries |
8 Indonesia Vehicle Electrification Market Key Performance Indicators |
9 Indonesia Vehicle Electrification Market - Opportunity Assessment |
9.1 Indonesia Vehicle Electrification Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Vehicle Electrification Market Opportunity Assessment, By Degree of Hybridization, 2021 & 2031F |
10 Indonesia Vehicle Electrification Market - Competitive Landscape |
10.1 Indonesia Vehicle Electrification Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Vehicle Electrification Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |