Indonesia electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the Indonesia electric two-wheeler market. The growing environmental concerns along with the cohesive government initiatives and subsidies are some other aspects to fuel the market growth in the country. In 2018, the fleet size of electric two-wheelers in Indonesia was about 3 000. However, the high battery cost and thus of electric vehicles is the major factor that may restrain the growth of the Indonesian electric two-wheelers market.

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The market is segmented on the basis of product type and battery type. Based on the product type, the market is sub-segmented into electric scooters and electric motorcycles Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries.

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Indonesia Electric Two-Wheeler Market Segmentation

By Product Type

Scooter

Motorcycle

By Battery Type

NiMH

Li-ion

Others

Company Profiles

Bajaj Auto Ltd.

BMW

Harley-Davidson, Inc.

Honda Motor Co.,Ltd.

Mitsubishi Motors Corp.

Segway Inc.

Skutis Corp. Pte Ltd.

Viar Motor Indonesia

Xiomi, Inc.

Yamaha Motor Co. Ltd.

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