India Clarithromycin Market Size, Share & Market Forecast 2026

2015 – 2025 INDONESIA ELECTRIC TWO-WHEELER MARKET FORECAST AND OPPORTUNITIES Published: December 2020

www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

Table of Contents S. No.

Contents

1.

Product Overview

2.

3.

Research Methodology Impact of COVID-19 on Indonesia Two-Wheeler Market

4.

Executive Summary

5.

Voice of Customer 5.1. Brand Recall 5.2. Factors Influencing Purchase Decision 5.3. Influencer of Purchase 5.4. Brand Satisfaction Level 5.5. Challenges/Unmet Needs

6.

Indonesia Electric Two-Wheeler Market Outlook 6.1. Market Size & Forecast 6.1.1.

By Value & Volume

6.2. Market Share & Forecast 6.2.1.

By Vehicle Type (Electric Scooter/Moped and Electric Motorcycle)

6.2.2.

By Battery Capacity (<25Ah and >25Ah)

6.2.3.

By Battery Type (Lead and Li-ion)

6.2.4.

By Company

6.2.5.

By Region

6.3. Market Attractiveness Index (By Battery Type) 7.

Indonesia Electric Scooter/Moped Market Outlook 7.1. Market Size & Forecast

2

Table of Contents S. No.

Contents 7.1.1.

7.2.

7.3.

8.

Market Share & Forecast 7.2.1.

By Battery Capacity

7.2.2.

By Battery Type

Market Attractiveness Index (By Battery Type)

Indonesia Electric Motorcycle Market Outlook 8.1.

Market Size & Forecast 8.1.1.

8.2.

8.3.

9.

By Value & Volume

By Value & Volume

Market Share & Forecast 8.2.1.

By Battery Capacity

8.2.2.

By Battery Type

Market Attractiveness Index (By Battery Type)

Market Dynamics 9.1.

Drivers

9.2.

Challenges

10.

Import and Export Analysis

11.

Market Trends and Developments

12.

Indonesia Economic Profile

3

Table of Contents

S. No. 13.

Contents Competitive Landscape 13.2.

Company Profiles 13.2.1. Viar Motor Indonesia 13.2.2. Shandong Incalcu Electric Vehicle Co., Ltd 13.2.3. Segway Inc. 13.2.4. Zero Motorcycles, Inc. 13.2.5. Selis (PT Juara Bike).

13.2.6. Niu Indonesia 13.2.7. Gesits

14.

Strategic Recommendations

15.

About Us & Disclaimer

4

Scope of Report Product of Interest (POI): Electric Two-Wheeler

Electric two-wheelers are vehicles that are powered by electricity. Electric two-wheelers can be divided into two categories, namely, electric scooters/moped and electric motorcycles (emotorcycles). A battery pack and a motor are installed in the vehicles to store and transform the electric energy into mechanical energy. The user control is attached to the handle bar to stop and adjust the speed.

Market Segmentation INDONESIA ELECTRIC TWO-WHEELER MARKET

Year Range

VEHICLE TYPE •

Electric Scooter/Moped

•

Electric Motorcycle

BATTERY CAPACITY •

<25Ah

•

>25Ah

BATTERY TYPE • •

Lead Li-ion

Review Period REGION •

Sumatra

•

Kalimantan

•

Java

•

Sulawesi

•

Others

2015 – 2018 Base Year

2019 Estimated Year

2020 Forecast Period

2021 – 2025 Note: These are dummy figures; please purchase our report for actual data

5

RESEARCH METHODOLOGY © TechSci Research

6

Research Methodology

Market Profiling

In-depth secondary research was conductedto determine top players in the Indonesia electrictwowheeler market, overall market size andsegmental market size.

Formulating Questionnaire

In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide.

Developing List of Respondents

Data Collection

Data Validation

Data obtained asa result of primary and secondary research was validated through rigorous triangulation.

TechSci conducted interviews with industry expertsand industry players for data collection and verification.

List of industry players andindustry specialists was developed.

Primary Research

Data Collection

Data Filter & Analysis

Research & Intelligence

Actionable Insights

Business Solution

LinkedIn TechSci Internal Database

✓ RecentDevelopments ✓ Market Changing Aspects/Dynamics

✓ Identifying KeyOpinion Leaders ✓ Questionnaire Design ✓ In-depthInterviews

Primary Research

✓ ✓

Desk Research

✓ ✓ ✓ ✓ ✓

Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc.

The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Indonesia electrictwowheeler market.

Company Analysis ✓ Market Participants ✓ Key Strengths

✓ GovernmentPolicies ✓ Conclusion

Secondary Research ✓ ✓

Data Analysis

Paid Sources

✓ ✓

Factiva Hoovers

7

Research Methodology

Baseline Methodology •

Our dedicated team of industry experts has monitored and analyzed various aspects of Indonesia electric two-wheeler market.

The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing need to curb air pollution levels across the country. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Indonesia electric two-wheeler market.

Methodology Followed for Calculation of Market Size: •

Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive

secondary research and primary surveys, with

various key opinion leaders/stakeholders, such

as electric two-

wheeler manufacturers, suppliers, distributors, channel partners, market influencers & end users, industry experts, and other industry participants.

•

The team interviewed more than 15 – 20 electric two-wheeler companies, 45 – 50 channel partners, 100 – 120 end users, and 15 – 20 industry

experts and other value chain stakeholders in Indonesia electric two-wheeler market to obtain the overall

market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019.

8

Research Methodology

•

Respondents were asked about the current and future market growth rates, market shares by vehicle type, by battery capacity, by battery type, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares.

Revenue shares generated across various vehicle type were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares: •

Market shares by vehicle type, by battery capacity, by battery type, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various vehicle types of electric two-wheeler markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting: •

TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.

•

Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Indonesia electric two-wheeler market, TechSci Research used various forecast techniques such as: ✓

Moving Average

✓

Time Series Analysis

✓

Regression Analysis

✓

Econometric and Judgmental Analysis 9

Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.

Partial List of Companies Interviewed

Key Secondary Sources

▪ Segway, Inc.

▪ World Bank

▪ Viar Motor Indonesia

▪ TechSci Research Proprietary Database &

▪ Dongguan Tailing Electric Vehicle Co., Ltd. ▪ Shandong Incalcu Electric Vehicle Co., Ltd ▪ Xiaomi Corp.

▪ PT Wijaya Karya Tbk ▪ Zero Motorcycles, Inc.

Knowledge Repository

▪ Company Annual Reports ▪ Industry Magazines ▪ Industry Reports ▪ News Dailies ▪ Credible Paid Databases

10

Industry Brief According to TechSci Research report, “Indonesia Electric Two Wheeler Market, By Vehicle Type (Electric Motorcycle and Electric Scooters/Mopeds), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), Competition, Forecast & Opportunities, 2025”, Indonesia electric two wheeler market was valued over USD 364.42 Million in 2019 and is forecast to grow at CAGR of 20.96% to reach USD 816.22 Million by 2025.

Governmental support and rising awareness regarding the environmental conditions is one of the topmost drivers supporting electric two-wheeler market in Indonesia. More than 60% of Indonesians are believed to be well aware about the availability of electric two-wheelers and show positive inclination towards them on account of higher fuel efficiency, affordable pricing and less maintenance cost. The Indonesian government is providing help and support to everyone interested in adoption of electric vehicles i.e., two-wheelers as well as cars. Government commitment to subsidize electric two-wheeler purchase through incentives and schemes including tax cuts, is attracting customers as well as manufactures towards electric two-wheelers. These factors are going to boost demand for electric two-wheeler in Indonesia in the coming years.

Growth in e-commerce sector and increasing online sales are driving the sales of electric two-wheeler in Indonesia. Customers are preferring to buy the electric two-wheelers online due to discounted schemes and easy deliveries. Moreover, electric two-wheelers are also used by delivery boys in e-commerce companies in order to deliver the products to the customers. Continuous expansion in the E-commerce sector is giving boosting the sales of electric two-wheelers for use in delivery services. These factors are going to augment demand for electric two-wheelers in the country through 2025.

© TechSci Research

Indonesia electric two wheeler market can be segregated based on vehicle type, battery capacity, battery type and region. Based on vehicle type, electric moped or scooter is expected to account for the largest share on the back of their manoeuvrability, rising number of female riders and growing purchasing power. In terms of battery capacity, less than 25 Ah is the dominant segment as majority of electric vehicle models present in the market are having battery of less than 25 Ah. Major companies operating in the economy include Viar Motor Indonesia, Shandong Incalcu Electric Vehicle Co., Ltd, Segway Inc., Zero Motorcycles, Inc., Selis (PT Juara Bike), Niu Indonesia and Garansindo Electric Scooter ITS, among others.

11

Sample Data - Snapshot Indonesia Electric Two-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Unit), 2015-2025F CAGR 2015-2019

By Value: xx%

By Volume: xx%

2015

2016

2017

CAGR 2020E-2025F

By Value: xx%

By Volume: xx%

2018

2019

2020E

Value (USD Million)

2021F

2022F

2023F

2024F

2025F

Volume (Thousand Unit)

Indonesia Electric Motorcycle Market Share, By Battery Capacity, By Volume, 2015-2025F

2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Below 25 Ah 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% Above 25 Ah 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00%

2015 Java 5.00% Sumatra 10.00% Kalimantan 15.00% Bali 20.00% Nusa Tenggara 23.00% Others 27.00%

2016 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2017 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2018 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2019 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2020E 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2021F 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2022F 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2023F 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2024F 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

2025F 5.00% 10.00% 15.00% 20.00% 23.00% 27.00%

© TechSci Research

Indonesia Electric Two-Wheeler Market Share, By Region, By Volume, 2015-2025F

12

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring

creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a stateby-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.

Related Reports •

Europe Electric Two Wheeler Market, By Vehicle Type (Scooter/Moped & Motorcycle), By Battery Capacity (<25Ah & >25Ah),

By Battery Type (Lead Acid & Li-ion), By Country (France, Netherlands, Indonesia, etc), Competition Forecast & Opportunities, 2013-2023

•

India Electric Two Wheeler Market By Vehicle Type (Electric Scooter and Electric Motorcycle), By Voltage Capacity (48-59V, 60-72V, 73-96V & Above 96V), By Battery Type, By Motor Placement, Competition Forecast & Opportunities, 2015-2025

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Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.