Indonesia and the Rising Green Car Market in ASEAN
The Association of Southeast Asian Nations (ASEAN) group has the fifth largest automotive market in the world as a region. Indonesia is expected to emerge as the largest automotive market in the ASEAN group with a% share in automotive sales in 2014.
Indonesia is likely to emerge as the largest economy in the ASEAN group with a GDP of more than $ trillion by 2019.
Launch of low-cost green cars (LCGCs) and the introduction of the LCGC policy by the Indonesian government are expected to play a critical role in taking the Indonesian automotive market to the next level.
The demand for green cars has been rapidly growing across the ASEAN group, although penetration is still just more than %. Indonesia held a revenue share of % of the green car market in the ASEAN group while Thailand led with a % share.
About this report
This research service provides an overview of the rising green car market in Indonesia and offers a comparative analysis of the same with the total ASEAN (Association of Southeast Asian Nations) market for green cars. The ASEAN group includes Indonesia, Thailand, Malaysia, Vietnam, and the Philippines. The study includes an executive summary, a comparative analysis of the Indonesian and ASEAN automotive markets in 2013, and critical factors affecting the Indonesian and ASEAN automotive markets. It also provides a comparative analysis of the Indonesian and ASEAN green car market including policies, key conclusions, and future outlook.
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