Press release
Indonesia Automotive Aftermarket Service Market is expected to reach about USD 13.6 Bn in Revenue by 2026: Ken Research
• The Multi Brand car service market is anticipated to grow with a CAGR of 4.3% during the forecast period 2021-2026.
Surging Used Car Sales in Tier-II Cities: Indonesia is one of the largest automotive and used car markets in Southeast Asia. It is home to many OEMs having production and assembling plants in the country. Indonesia is witnessing a surge in the used car sales in Tier-II cities of Indonesia which is signaling the rising average age of the car, therefore impetus for the car service market. The growing urban population and disposable income among the working population are contributing to the growth of the used car industry. The higher population of middle-income groups in Tier-II cities has to lead to the growing demand for used cars. The easy availability of financing options, on the other hand, has aided the industry’s growth. Indonesia used cars market is anticipated to witness a CAGR of 15.7% in terms of the number of used cars sold during the forecast period 2020-2025.
Growing Vehicle Parc in Indonesia: Indonesia's automotive industry is witnessing a surge in the number of vehicle parc which leads to higher demand for the multi-brands and OEM car service companies in Indonesia. ~87% of the vehicle parc in Indonesia in 2020 were post-warranty cars that generally visit the multi-brand car service centers. Whereas, the pre-warranty cars in the country prefer visiting the OEM car service centers. Multi-brand service centers cost ~10-20% less as compared to the authorized car service center which is the major reason for consumers to shift to the multi-brand service center during the post-warranty period. Due to a lack of spare parts knowledge consumers tend to go to authorized service centers for original spare parts. The number of car parc is anticipated to witness a CAGR of 2.8% during the forecast period 2021-2026.
For More Information On the Research Report, Click to the Below Link: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-automotive-aftermarket-service-market-outlook-to-2026/444310-100.html
Ban on cars above the age of 10 years: The Indonesian government is imposing a ban on cars above the age of 10 years to reduce traffic jams on main thoroughfares. The govt. has levied congestion charges for cars from 2020, set an age limit of 10 years on vehicles on the road by 2025, tighten emission tests and rein in industrial discharges to reduce air pollution. The ban will lead to an increased demand for the authorized and organized multi-brand services centers in Indonesia. The report titled “Indonesia Automotive Aftermarket Service Market Outlook to 2026: Influx of new players and car variants from abroad are contributing to the growth of automotive aftermarket service industry in Indonesia” by Ken Research suggested that the automotive aftermarket service market is further expected to grow in the near future with the surging used car sales in Tier-II cities and entry of new authorized and multi-brand players in the market. The market is expected to register a positive CAGR of 3.6% in terms of revenue during the forecast period of 2021-2026.
Key Segments Covered in Indonesia Automotive Aftermarket Service Market
By Type of Workshop
Multi Brand
OEM/Authorized
By Type of Multi Brand
Organized
Unorganized
By Type of Vehicle
MPV
Sedan
SUV
LCGC
Hatchback
By Age of Car
0-3 Years
3-8 Years
8 and above years
By Region
West
Central
East
By Car Brand
Toyota
Daihatsu
Honda
Mitsubishi
Nissan
Suzuki
Others
By Booking Mode
Online
Offline
By Service Split
Repair and Replacement
Maintenance
Body Care
Indonesia Spare Parts After-Market Segmentation
By Type of Spare Parts
Lubricants and Oils
Suspension & Braking
Electrical Components
Engine Components
Consumables
Others
Key Target Audience
Automotive companies
OEM Car Service companies
Multi-brand Car Service companies
Automotive Spare Parts Companies
Time Period Captured in the Report:
Historical Period: 2015-2021
Forecast Period: 2021-2026
OEM Car Dealers/Service Providers:
Wuling Motors
Auto 2000
Asco Automotive
Honda Indonesia Mobil
PT Nissan Motor Indonesia
Prima motor
NUSANTARA JAYA SENTOSA
United Motors Centre
Multi Brand Car Dealers/Service Providers:
Bosch Auto Care Service
Vertue Concept
Brum Indonesia
Garden Speed
Autoglaze Indonesia
CARfix Karang Tengah
Key Topics Covered in the Report: -
Indonesia Automotive Aftermarket Service Industry Overview
Ecosystem of Entities in Car Servicing in Indonesia
Trends and Development in Indonesia Automotive After Market Service Industry
Issues and Challenges in Indonesia Automotive After Market Service Industry
Porters Five Forces Analysis: Automotive Aftermarket Service in Indonesia
Government Regulation in Indonesia Automotive After Market Service Industry
Market Size of Indonesia after Market Service Industry
Indonesia Automotive Aftermarket Service Industry Segmentation
Competition in Indonesia OEM Aftermarket Industry
Strength and Weakness of Major Players in Indonesia OEM Automotive Aftermarket Industry
Competition in Indonesia Multi-Brand Aftermarket Industry
Pricing Comparison of Major OEM Car Service Companies
Pricing Comparison of Major Multi Brand Car Service Companies
Operating Model of Organized and Unorganized Workshops
Operating Model of OEM Workshops
Indonesia Spare Parts Aftermarket Industry Overview
Sourcing Spare Parts for Automobile Service Centers (OEM/Authorized Service Centers & Multi-Brand Service Centers)
Indonesia Automotive Aftermarket Car Service Market Future Market Size
Future Outlook and Projections for Indonesia Automotive Service Market
Case Study: Car fix
Analyst Recommendation
Related Reports by Ken Research: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/malaysia-automotive-aftermarket-service-market-outlook-to-2025/427145-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-multi-brand-car-service-market-outlook-to-2025/426088-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-used-car-market-outlook-to-2025/412166-100.html
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspectives: strategy, marketing, organization, operations, technology, transformation, digital, advanced analytics, corporate finance, mergers & acquisitions, and sustainability across all industries and geographies.
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