Annual Demand for Pickups, Light-medium-heavy Trucks, and Buses to Touch 742,000 Units by 2025
The commercial vehicle market in Indonesia has been shrinking from 2014 to 2016, with the market experiencing its lowest decline in 2016. Consequently, the production has also witnessed a decline over the years.
Small Commercial Vehicles (SCVs) account for the largest segment in both sales and production. Japanese brands have the widest commercial vehicle distribution and service network in Indonesia. During the forecast period, the Indonesian commercial vehicle market is expected to witness a positive growth, despite challenges in terms of increased down payment rate, restriction on subsidized fuel, increasing price of raw materials, and global economic crisis.
In all, 80% of Indonesia’s vehicle sales are financed, but in 2012, Indonesian Central Bank (ICB) raised the minimum down payment from 10% to 25% for CVs and 30% for passenger vehicles. This is likely to have a serious negative impact on overall vehicle sales in the country throughout the forecast period. However, OEMs can overcome these challenges and restraints due to the various trends supporting the growth of the commercial vehicle market.
This includes stable politics and positive economic growth, Indonesia emerging as a manufacturing hub, positive implications of AFTA and AEC, government FDI promotions, and growth of alternative fuel commercial vehicles. Indonesia has been on the path of political stability and reformist democracy, contributing to the country’s significant GDP growth for over the last 4 years. The government projects a continued steady growth in the short to medium term.
Research Scope This study aims to research, analyze, and forecast the commercial vehicles market in Indonesia during 2012-2025. The scope of the study is • To provide a strategic overview of the commercial vehicles market, including key technology trends, market trends, and market drivers and restraints • To provide market size for pickups, LCVs (SCVs, LTs), and MCVs, HCVs, and bus (LBs, MHBs) segments by OEM and sales breakdown for 2012–2025 • To provide forecasts for current and future roadmaps for commercial vehicles by segments for 2012–2025 • To provide competitor analysis, including competitive factors, competitor market shares, and product portfolio analysis and capabilities • To provide a strategic analysis of the commercial vehicles market from an OEM’s perspective
Key Issues Addressed • How is the business and economic environment as a whole impacting the sales of commercial vehicles? • How are commercial vehicles classified and how is the market structured? • Who are the market leaders and what are their market shares? • What are the technology trends? • Is there potential for growth within the market?
Our reports have been used by over 10K customers, including:
Medium & Heavy Trucks in Indonesia Summary Medium & Heavy Trucks in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players...
Headline- Annual Demand for PCs, LCVs and HCVs to 2025 The automobile market in Indonesia provides comprehensive analysis and forecasts of passenger cars, light commercial vehicles and heavy commercial vehicles. Evolving market dynamics, customer preferences and business strategies of industry leaders are included. The...
Indonesia Passenger cars and commercial vehicles outlook report provides detailed research and outlook of automobile sector in Indonesia. Current market conditions, consumer preferences and key strategies of leading players in the Indonesia automobile sector are analyzed in detail. The report analyzes SWOT analysis of Indonesia automotive...
19 pages •
By Euromonitor International
• Apr 2017
Euromonitor International’s Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Motor Vehicles, Trailers and Semi-trailers market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth....
71 pages •
By Global Research & Data Services
• Apr 2017
The report Agricultural and Forestry Machinery Market in Indonesia to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for agricultural and forestry machinery in Indonesia. The research includes historic data from 2010 to 2016 and forecasts until 2021...