Description
Indonesia Automobile Industry
Indonesia’s automobile market is a vital element of its rapidly expanding economy, driven by a population exceeding 270 million and ongoing urbanization. Economic growth has significantly elevated the purchasing power of the middle class, leading to an increased demand for personal vehicles. Government initiatives, including tax incentives and support for the automotive industry, have played a pivotal role. The market exhibits a diverse landscape with both domestic and international players, responding to preferences shaped by rapid urbanization and challenging traffic conditions.
Indonesia’s vehicle production remained relatively stable at around 1.3 million units in 2018-2019. However, the onset of the COVID-19 pandemic in late 2019 led to a significant 46.4% year-on-year decline in production in 2020. Subsequently, production rebounded to over 80% of the pre-pandemic level in 2021 and achieved a five-year peak in 2022.
Key players such as Toyota, Honda, Daihatsu, Mitsubishi and Suzuki dominate the market, each contributing unique offerings to cater to various consumer needs. Toyota, with its reputation for reliability and an established dealer network, holds a prominent position. Honda excels, particularly in the motorcycle segment, known for reliability and fuel efficiency. Daihatsu, a Toyota subsidiary, offers compact and affordable vehicles in alignment with local preferences. Mitsubishi stands out in the SUV and pickup truck segments.
The advantages of Indonesia’s automobile market include its substantial economic contribution, fostering innovation, and providing increased mobility. However, the market faces challenges such as traffic congestion, environmental concerns, and infrastructure limitations. According to CRI, the rapid increase in vehicles contributes to congestion in major urban centers, impacting travel time and productivity.
Environmental issues, such as air pollution, are exacerbated by the growing number of vehicles, necessitating a shift towards sustainable transportation solutions. Infrastructure challenges persist despite ongoing development, affecting the overall efficiency of the transportation system. Additionally, the dependency on traditional fossil fuels raises concerns about energy security and environmental sustainability, urging the exploration of alternative energy sources.
With the dawn of the electric vehicle era, Indonesia’s automobile market is poised for transformative changes. The global shift towards sustainable transportation aligns with increasing environmental awareness and the need to address climate change concerns. As nations worldwide embrace electric mobility, Indonesia is also witnessing a growing interest in electric vehicles (EVs). This transition is driven by both consumer demand for eco-friendly options and governmental initiatives promoting clean energy.
In this evolving landscape, key players in the Indonesian automobile market are likely to adapt and invest in electric vehicle technologies. The integration of EVs into the market is expected to address environmental concerns associated with traditional fuel-based vehicles. As technological advancements continue, the affordability and accessibility of electric vehicles are anticipated to improve, making them more appealing to a broader consumer base.
Future trends in Indonesia’s automobile market may include increased collaboration between the government and industry players to create a supportive ecosystem for electric vehicles. This could involve the development of charging infrastructure, incentives for EV adoption, and regulatory frameworks to promote sustainable practices. Additionally, innovations in battery technology and a diversified range of electric vehicle models may further drive the market’s transition towards a more sustainable and environmentally friendly future.
In conclusion, Indonesia’s automobile market is on the cusp of significant change with the advent of electric vehicles. As the industry adapts to meet the demands of a greener and more sustainable future, collaborations between stakeholders and advancements in technology are likely to shape the trajectory of the market in the coming years.
Topics covered:
- Indonesia Automobile Industry Overview
- The economic and policy environment of Indonesia’s automobile industry
- What is the impact of COVID-19 on the Indonesia’s automobile industry?
- Indonesia Automobile Industry Market Size, 2023-2032
- Analysis of the main Indonesia’s automobile production enterprises
- Key drivers and market opportunities for Indonesia’s automobile industry
- What are the key drivers, challenges and opportunities for Indonesia’s automobile industry during the forecast period 2023-2032?
- Which companies are the key players in the Indonesia automobile industry market and what are their competitive advantages?
- What is the expected revenue of Indonesia automobile industry market during the forecast period 2023-2032?
- What are the strategies adopted by the key players in the market to increase their market share in the industry?
- Which segment of the Indonesia automobile industry market is expected to dominate the market by 2032?
What are the main negative factors facing the automobile industry in Indonesia?
Table of Contents
1. OVERVIEW OF INDONESIA
1.1 Geographical situation
1.2 Demographic structure of Indonesia
1.3 Economic situation in Indonesia
1.4 Minimum Wage in Indonesia 2013-2023
1.5 Impact of COVID-19 on the Indonesian Automobile Industry
2. INDONESIA AUTOMOBILE INDUSTRY OVERVIEW 2018-2023
2.1 History of Automobile Development in Indonesia
2.2 FDI in Indonesia’s automobile industry
2.3 Policy Environment of Indonesia’s Automobile Industry
3. SUPPLY AND DEMAND STATUS OF INDONESIA AUTOMOBILE INDUSTRY
3.1 Production Volume of Indonesia Automobile Industry
3.1.1 The Whole Automobile Industry
3.1.2 By Vehicle Types
3.1.3 Electric Vehicles
3.2 Wholesales volume of Indonesia’s automobile
3.2.1 The Whole Automobile Industry
3.2.2 By Vehicle Types
3.2.3 Electric Vehicles
4. INDONESIA AUTOMOBILE INDUSTRY IMPORT AND EXPORT STATUS
4.1 Import Status of Indonesia’s Electric Vehicle Industry
4.1.1 Indonesia Automobile Import Volume and Import Value
4.1.2 Major Import Sources of Automobiles in Indonesia
4.2 Export Status of Indonesia’s Automobile Industry
4.2.1 Indonesia Automobile Export Volume and Export Value
4.2.2 Main Export Destinations of Indonesian Automobiles
5. COST AND PRICE ANALYSIS OF INDONESIA AUTOMOBILE INDUSTRY
5.1 Cost Analysis of Automobile
5.1.1 Raw Materials
5.1.2 Labor Costs
5.1.3 Manufacturing Overhead
5.2 Price Analysis of Automobile
6. INDONESIA AUTOMOBILE INDUSTRY MARKET COMPETITION
6.1 Barriers to entry in Indonesia’s automobile industry
6.1.1 Brand barriers
6.1.2 Quality Barriers
6.1.3 Capital Barriers
6.2 Competitive Structure of Indonesia’s Automobile Industry
6.2.1 Bargaining Power of Automobile Suppliers
6.2.2 Consumer bargaining power
6.2.3 Competition in the Indonesian Automobile Industry
6.2.4 Potential Entrants in the Automobile Industry
6.2.5 Alternatives to Automobiles
7. ANALYSIS OF MAJOR AUTOMOBILE BRANDs IN INDONESIA
7.1 Toyota Motor Corporation
7.1.1 Corporate Profile of Toyota Motor Corporation
7.1.2 Corporate Automobile Sales of Toyota Motor Corporation
7.2 Daihatsu Motor Co., Ltd.
7.2.1 Corporate Profile of Daihatsu Motor Co., Ltd.
7.2.2 Corporate Automobile Sales of Daihatsu Motor Co., Ltd.
7.3 Honda Motor Co., Ltd.
7.3.1 Corporate Profile of Honda Motor Co., Ltd.
7.3.2 Corporate Automobile Sales of Honda Motor Co., Ltd.
7.4 Mitsubishi Motors Corporation
7.4.1 Corporate Profile of Mitsubishi Motors Corporation
7.4.2 Corporate Automobile Sales of Mitsubishi Motors Corporation
7.5 Suzuki Motor Corporation
7.5.1 Corporate Profile of Suzuki Motor Corporation
7.5.2 Corporate Automobile Sales of Suzuki Motor Corporation
7.6 The Mitsubishi Fuso Truck and Bus Corporation
7.6.1 Corporate Profile of The Mitsubishi Fuso Truck and Bus Corporation
7.6.2 Corporate Automobile Sales of The Mitsubishi Fuso Truck and Bus Corporation
7.7 Hino Motors, Ltd.
7.7.1 Corporate Profile of Hino Motors, Ltd.
7.7.2 Corporate Automobile Sales of Hino Motors, Ltd.
7.8 Isuzu Motors Ltd.
7.8.1 Corporate Profile of Isuzu Motors Ltd.
7.8.2 Corporate Automobile Sales of Isuzu Motors Ltd.
7.9 Liuzhou Wuling Automobile Industry Co., Ltd.
7.9.1 Corporate Profile of Liuzhou Wuling Automobile Industry Co., Ltd.
7.9.2 Corporate Automobile Sales of Liuzhou Wuling Automobile Industry Co., Ltd.
7.10 Hyundai Motor Company
7.10.1 Corporate Profile of Hyundai Motor Company
7.10.2 Corporate Automobile Sales of Hyundai Motor Company
8. INDONESIA AUTOMOBILE INDUSTRY OUTLOOK 2023-2032
8.1 Indonesia Automobile Industry Development Factors Analysis
8.1.1 Drivers and Development Opportunities for Indonesia’s Automobile Industry
8.1.2 Threats and Challenges to Indonesia’s Automobile Industry
8.2 Indonesia Automobile Industry Supply Forecast
8.3 Indonesia Automobile Market Demand Forecast
8.4 Indonesia Automobile Industry Import and Export Forecast
LIST OF CHARTS
Chart Total Population of Indonesia 2008-2022
Chart GDP per capita in Indonesia 2013-2022
Chart Automobile Industry Related Policies Issued by Government in Indonesia 2018-2023
Chart 2018-2022 Automobile Production in Indonesia
Chart 2018-2022 Domestic Consumption of Automobiles in Indonesia
Chart 2018-2022 Indonesia Automobile Import Volume
Chart 2018-2022 Indonesia Automobile Import Value
Chart 2018-2022 Indonesia Automobile Importing Countries and Import Value
Chart 2018-2022 Indonesia Automobile Export Volume
Chart 2018-2022 Indonesia Automobile Export Value
Chart 2018-2022 Indonesia Automobile Export Countries and Export Value
Chart 2023-2032 Indonesia Automobile Production Forecast
Chart Indonesia Automobile Market Size Forecast 2023-2032
Chart 2023-2032 Indonesia Automobile Import Forecast
Chart 2023-2032 Indonesia Automobile Export Forecast
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