Showing posts with label 2W Chargers Market Revenue Share. Show all posts
Showing posts with label 2W Chargers Market Revenue Share. Show all posts

Monday, February 28, 2022

Electric Vehicle Charging Equipment Market grew at a CAGR of 499% on the basis of revenue during 2017 to 2021 owing to influx of investment from abroad coupled with increasing focus on emission control: Ken Research

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  • This tremendous growth is attributed to the rapid urbanization and Private vehicle ownership which has been steadily rising by more than 5% yearly.
  • EV uptake in Indonesia is due to tax incentives and tax holiday provided by government to battery makers in order to increase the production of electric cars in Indonesia.

EV Landscape in Indonesia

Over 70% of its public are keen to own an electric vehicle which the environmental issue as the most common reason they favor electric-powered vehicle over traditional fossil-fuel ‘driven’ vehicles. Toyota plans to invest around USD 2 Billion to develop an EV production plant in Indonesia. Hyundai has similarly committed around USD 1.5 Billion towards producing Ev.  Battery companies like Panasonic and LG are planning to set up battery manufacturing plants in Indonesia, covering both the upstream and downstream aspects.

One hurdle for Indonesia’s EV development is the nonexistence of a domestic battery industry. Indonesia has posed an export ban of nickel ore since 2020.


Competitive Landscape in EV Charging Industry

Currently, the competition in the EV Charging Space in Indonesia is monopolistic in nature, with PLN being designated the responsibility of constructing and monitoring SPKLU's throughout the country. Private players are looking forward to expanding their operations in Indonesia, but are not doing so due to unaddressed concerns regarding the profitability of EV charging operations, tightly regulated electricity tariffs, etc. Companies operating public transportation services such as E buses and taxis procure EV chargers from Chinese companies in bulk due to less costs, but the government is trying to promote local manufacturing by imposing compulsory localization requirements for private companies looking to conduct business in Indonesia in the EV sector. A small number of EV charging startups are currently in their trial stages in the country, and it remains to be seen whether they can sufficiently expand their operations and become profitable in the coming years.

The publication titled Indonesia Electric Vehicle Charging Equipment Market Outlook to 2026: Driven by influx of investment from abroad coupled with increasing focus on emission controlcovers the overview of EV Charging Equipment Industry by analyzing historical EV Charging statistics and corresponding change in Middle Affluent Class in Indonesia. Charging Equipment Industry grew at a CAGR of 499%during 2017 and 2021.

The report also focuses on Indonesian EV Charging Equipment Industry segmentation by Type of Remittance by Type of Charging, Type of Chargers, Type of Vehicle, Type of Geography, Type of Manufacturer and By Sales Channels. The EV Charging section of the report concludes with projections for the future of the industry included forecasted total EV Charging Equipment revenue by 2026, and analysts’ take on the future highlighting major opportunities.

Key Segments Covered in Indonesia EV Charging Equipment Industry

EV Charging Market Size by

Revenue

Number of charging stations

Indonesia EV Charging Equipment Industry By

Type of Chargers

Type of Charging

Type of Vehicle

Geographic Demand

Type of Manufacturer

Sales Channels

Product Analysis

4W Chargers

2W Chargers

Charging Stations

Pricing Analysis

4W Chargers pricing

2W Chargers pricing

Charging Stations pricing

Key Target Audience

Electricity Supplier

EV Manufacturers

EV Charging Equipment Manufacturers

EV Charging System Operator

Demand side Transport Operators

Government Bodies

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2022-2026F

EV Charging Equipment Players in Indonesia

Delta

ABB

Schneider Electric

Powerindo

Bambang Djaja

Phihong

ANS EVSE

 Ghifari Energi

Key Topics Covered in the Report: -

Overview of EV Market and EV Charging Equipment Market in Indonesia

Ecosystem of EV Charging Equipment Market in Indonesia

Market Size of EV Charging Equipment Market in Indonesia (Total EV Charging Equipment Revenue)

Indonesia EV Charging Equipment Market Segmentation (By Type of Charging, Type of Chargers, Type of Vehicle, Type of Geography, By Sales Channels)

Cross Comparison of Southeast Asian Countries on EV Adoption and comparison of top players in the EV Charging Equipment Market in Indonesia

Company Profiles of EV Charger Manufacturers (Overview, Products, Business Streams, Manufacturing Capabilities, Distribution Channels, Recent Projects, Cost Structure, and Awards and Recognitions)

Growth Drivers and Challenges to Indonesia EV Charging Equipment Industry

Industry trends and developments

SWOT Analysis of EV Market

Rules and Regulations by Government Bodies

Future Outlook of Industry

Case Study (PLN, EESL, Alfen)

For More Information, Click on the Following Link: -

Indonesia Electric Vehicle Charging Equipment Market

Related Reports by Ken Research: -

India EV Charging Equipment Market Outlook to FY'2026 – Driven by Increasing Adoption of Electric Vehicles along with Implementation of FAME II Policy by Government

Global Charging Station for Electric Vehicle (EV) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

EV Charging Adapter Market by Type (AC Charging Adapter and DC Charging Adapter) and by Application (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, and Fuel Cell Electric Vehicle), Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Contact Us: -
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249