Nowadays, the automotive segment has been witnessing the technological shift towards the electric segment of the vehicles. The entry of the electric vehicles in the two-wheeler segment is still in its initial phase. These vehicles are battery operated which supply continuous power in the system for the smooth-running capability. The concept of electric vehicles aroused with the increasing pollution treat level in the entire world.
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The global trend is being shifting towards the electric segment of the vehicles which are powered on the battery source. The high pollution level of the country and increasing concerns to reduce the CO2 emission levels are the major factors driving the market growth of electric two-wheeler segment in the Indonesia. Ease of financing for the two wheelers in the country also boosting the electric two-wheeler market in Indonesia. In addition, rising inclination of young generation for the two-wheeler segments also contributing towards the market growth of the Indonesia electric two-wheeler market. However, lack of proper infrastructure facility for charging etc are still ma major factor hindering the growth of Indonesia electric two-wheeler market.
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Various notable players operating in the market, includes Zero Motorcycles Inc., Segway, Inc., Viar Motor Indonesia, Skutis Corporation, Xiomi, Inc, Honda, Yamaha, Triangle Motorindo, Gesits, Selis etc.
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Indonesia Electric Two-Wheeler Market has been segmented on the basis of Product, Battery Type, Battery Technology and by geography – opportunity and forecast 2019 – 2026. Based on Product, the market comprises of E-scooters, E-bikes, E-motorcycles, Others. Based on the Battery Type the market comprises of Sealed Lead Acid, Li-ion, Ni-MH. Based on the Battery Technology the market comprises of Removable Battery, Non-removable Battery.
Key questions answered in this research report:
At what pace is Indonesia Electric Two-Wheeler Market growing? What will be growth trend in future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Indonesia Electric Two-Wheeler Market?
What are the various application areas and how they are poised to grow?
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