Product Code: ETC174647 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia has a large and vibrant off-road motorcycle market. The country has a long history of off-roading, with the tradition being passed down for generations. Off-road motorcycles are popular among Indonesia riders due to their affordability and versatility in navigating difficult terrain. In addition, Indonesia geography offers plenty of opportunities for riders to explore new trails and roads.
In recent years, the popularity of off-road riding in Indonesia has grown significantly as more people become interested in exploring different landscapes across the archipelago nation. With increasing income levels, more Indonesias have access to quality motorcycles that are suitable for outdoor adventures such as touring or motocross racing on challenging terrains. Furthermore, technological advancements have enabled manufacturers to offer better features at lower prices which further boosts demand for these vehicles in Indonesia.
The growth of Indonesia off-road motorcycle market is mainly driven by an increase in disposable incomes that gives consumers greater purchasing power when it comes to buying high performance bikes at competitive prices. This trend is especially true among younger generations who are looking for exciting ways to explore their surroundings while also gaining experience with motorcycling techniques such as trial riding and hill climbing skills which require specialized vehicles like dirt bikes or dual sport models (which combine street legal tires with knobby ones). Additionally, easy access to finance options from established brands facilitates ownership of these machines even further thus driving up sales numbers even higher each year.
The COVID-19 pandemic has had a significant negative impact on the off road motorcycle market in Indonesia. With most of the country under some form of lockdown, people have been unable to take part in outdoor activities such as motorcycling, resulting in significantly reduced sales for manufacturers and dealers. This has been further compounded by the economic downturn caused by the pandemic which has led to many consumers cutting back their spending.
Despite the negative effect of COVID-19 on demand for off road motorcycles, there are still challenges that must be addressed if growth is to be achieved over time. These include rising input costs due to higher prices for raw materials used in manufacturing, increased competition from other countries offering cheaper alternatives, and a lack of infrastructure which can make it difficult for customers to access service centers and parts suppliers. In addition, there is also an issue with counterfeiting which can reduce consumer confidence levels when purchasing goods online or through stores that do not specialize in this type of product.
The main players in Indonesia off road motorcycle market are Yamaha Motorcycles (Indonesia), Honda Motorcycles (Indonesia), Suzuki Motorcycles (Indonesia) and KTM Bikes (Asia). Other key brands operating within this space include Royal Enfield ? India?s oldest bike manufacturer; Kawasaki Motors Corporation ? Japan?s leading producer; Husqvarna? Swedish brand known for its high performance bikes; Triumph Motorcycles ? British company renowned worldwide for its classic designs; BMW Group - German luxury vehicle maker known globally; Aprilia - Italian manufacturer famous for its racing bikes; and Kymco ? Taiwanese scooter giant well established throughout Asia Pacific region.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Off Road Motorcycle Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Off Road Motorcycle Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Off Road Motorcycle Market - Industry Life Cycle |
3.4 Indonesia Off Road Motorcycle Market - Porter's Five Forces |
3.5 Indonesia Off Road Motorcycle Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Off Road Motorcycle Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
3.7 Indonesia Off Road Motorcycle Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Off Road Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Off Road Motorcycle Market Trends |
6 Indonesia Off Road Motorcycle Market, By Types |
6.1 Indonesia Off Road Motorcycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Off Road Motorcycle Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Off Road Motorcycle Market Revenues & Volume, By Dual-Sports, 2020-2030F |
6.1.4 Indonesia Off Road Motorcycle Market Revenues & Volume, By Adventure Bikes, 2020-2030F |
6.1.5 Indonesia Off Road Motorcycle Market Revenues & Volume, By Raid Bikes, 2020-2030F |
6.1.6 Indonesia Off Road Motorcycle Market Revenues & Volume, By Motocross, 2020-2030F |
6.1.7 Indonesia Off Road Motorcycle Market Revenues & Volume, By Trial Bikes, 2020-2030F |
6.1.8 Indonesia Off Road Motorcycle Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Off Road Motorcycle Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Off Road Motorcycle Market Revenues & Volume, By OEM, 2020-2030F |
6.2.3 Indonesia Off Road Motorcycle Market Revenues & Volume, By Aftermarket, 2020-2030F |
6.3 Indonesia Off Road Motorcycle Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Off Road Motorcycle Market Revenues & Volume, By Recreation, 2020-2030F |
6.3.3 Indonesia Off Road Motorcycle Market Revenues & Volume, By Defense, 2020-2030F |
7 Indonesia Off Road Motorcycle Market Import-Export Trade Statistics |
7.1 Indonesia Off Road Motorcycle Market Export to Major Countries |
7.2 Indonesia Off Road Motorcycle Market Imports from Major Countries |
8 Indonesia Off Road Motorcycle Market Key Performance Indicators |
9 Indonesia Off Road Motorcycle Market - Opportunity Assessment |
9.1 Indonesia Off Road Motorcycle Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Off Road Motorcycle Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
9.3 Indonesia Off Road Motorcycle Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Off Road Motorcycle Market - Competitive Landscape |
10.1 Indonesia Off Road Motorcycle Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Off Road Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |