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Indonesia Electric Two-Wheeler Market 2023 Driving Factors Forecast Research 2029

10-20-2023 08:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Indonesia Electric Two-Wheeler Market

Indonesia Electric Two-Wheeler Market

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.
full report of Indonesia Electric Two-Wheeler Market

available @ https://www.omrglobal.com/industry-reports/indonesia-electric-two-wheeler-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Indonesia Electric Two-Wheeler Market by Product Type
o Scooter
o Motorcycle

Indonesia Electric Two-Wheeler Market by Battery Type
o NiMH
o Li-ion
o Others

Company Profiles
o Bajaj Auto Ltd.
o BMW
o Harley-Davidson, Inc.
o Honda Motor Co.,Ltd.
o Mitsubishi Motors Corp.
o Segway Inc.
o Skutis Corp. Pte Ltd.
o Viar Motor Indonesia
o Xiomi, Inc.
o Yamaha Motor Co. Ltd.
o Zero Motorcycles Inc.

The Report Covers
• Comprehensive research methodology of the Indonesia Electric Two-Wheeler market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indonesia Electric Two-Wheeler market.
• Insights about market determinants which are stimulating the Indonesia Electric Two-Wheeler market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indonesia-electric-two-wheeler-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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