Report Description

Indonesia Commercial Vehicle market is expected to grow at a steady CAGR during the forecast period, 2022-2026. The growth of the automotive industry and high-end investments in the infrastructural development and construction activities, and the ongoing research and development activities for technological advancements are the major factors influencing the Indonesia Commercial Vehicle market.

Expansion Of the Industrial Sector Drives the Market Demand

The COVID-19 pandemic has dramatically affected the economy of Indonesia due to the restrictions imposed on international traveling and social distancing guidelines. The restrictions on traveling adversely impacted the tourism industry, one of the country's significant revenues generating industries. Accelerating the staggering economy and flourishing the tourism industry due to the relaxations in the COVID-19 guidelines is fueling industrialization across the country. Prominent industries that can significantly impact economic growth include pharmaceutical and conventional medication, machinery, plastics, furniture, rubber, and chemical industries. The government has implemented Free Trade Agreements to fuel the competition among the industries and provide security to the domestic market. The high demand for imported goods and products into the country and the development of the domestic markets are boosting the demand for commercial vehicles. To stay ahead in the market, key players are developing their logistics and supply chain and ensuring the supply of raw materials and end products is maintained efficiently.

Spurring Economic Growth Fuels Demand for Commercial Vehicles

The Indonesian government is making amendments in its regulations to make it an attractive market for investment purposes. The government has provided the facility of tax holidays to boost the investment rate in the country. Interested potential investors can access the online channels provided by the leading authorities to file for tax holidays, and in a few clicks, the tax holiday is granted to them. The efforts made by the leading authorities to encourage the research and development activities and boost the market growth by inviting foreign and local players in the market are expected to create lucrative opportunities for market growth.

Developing E-Commerce Industry Supports Market growth

The high internet penetration and the proliferation of smart devices in the country are increasing access to online sales channels. Consumers prefer buying through online channels rather than physically visiting the stores to eliminate the time and effort required to reach the stores. Market players are developing user-friendly and interactive websites and mobile applications to attract customers to buy through their respective brands. They also provide attractive facilities like doorstep delivery, exchange option, cashless payment, and selling products at discounted rates. Consumers can easily explore through several websites and compare the cost, product specifications, and purchase decisions based on this information. Commercial vehicles help in delivering the goods from the warehouse or other sources to the customers. With the growth in the E-Commerce industry, Indonesia's Commercial Vehicle is expected to witness significant growth in the next five years.

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Market Segmentation

The Indonesia Commercial Vehicle market is segmented on the basis of vehicle type, transmission type, fuel type, competitional landscape, and regional distribution. Based on the vehicle type, the market is divided into truck and bus/van. Based on the transmission type, the market is divided into automatic and manual. Based on the fuel type, the market is divided into petrol, diesel, and alternate fuels. The market is also studied on the basis of regional segmentation by dividing Indonesia into regions namely Java, Sumatra, Kalimantan, Sulawesi, Others.

Market Players

Mitsubishi Motors Krama Yudha Indonesia, PT Astra Daihatsu Motor, PT HINO Indonesia, Suzuki Indonesia, PT. Tata Motors Indonesia, UD Trucks Corp., PT Toyota Astra Motor, Isuzu Astra Motor Indonesia, PT Daimler Commercial Vehicles Indonesia, PT. Maxindo Renault Indonesia are among the major market players in the Indonesia region leading the growth of the Indonesia Commercial Vehicle market.



Base Year


Historic Data

2016 – 2019

Estimated Year


Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         Transmission Type

·         Fuel Type

Region scope

Java, Sumatra, Kalimantan, Sulawesi, Others

Key companies profiled

Mitsubishi Motors Krama Yudha Indonesia, PT Astra Daihatsu Motor, PT HINO Indonesia, Suzuki Indonesia, PT. Tata Motors Indonesia, UD Trucks Corp., PT Toyota Astra Motor, Isuzu Astra Motor Indonesia, PT Daimler Commercial Vehicles Indonesia, PT. Maxindo Renault Indonesia

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Indonesia Commercial Vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Indonesia Commercial Vehicle Market, By Vehicle Type:
    • Truck
    • Bus/Van
  • Indonesia Commercial Vehicle Market, By Transmission Type:
    • Automatic
    • Manual
  • Indonesia Commercial Vehicle Market, By Fuel Type:
    • Petrol
    • Diesel
    • Alternate Fuels
  • Indonesia Commercial Vehicle Market, By Region:
    • Java
    • Sumatra
    • Kalimantan
    • Sulawesi
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Indonesia Commercial Vehicle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Indonesia Commercial Vehicle Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Indonesia Commercial Vehicle Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Indonesia Commercial Vehicle Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Truck, Bus/Van)

6.2.2.     By Transmission Type (Automatic, Manual)

6.2.3.     By Fuel Type (Petrol, Diesel, Alternate Fuels)

6.2.4.     By Region

6.2.5.     By Company (2020)

6.3.  Product Market Map

7.    Indonesia Truck Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck)

7.2.2.     By Class (Class1, Class2, Class3, Class4, Class5, Class6, Class7, Class8)

7.2.3.     By Axle Con figuration (4x2, 4x4, 6x2, 6x4, 8x2, 8x4, Others)

7.2.4.     By Transmission Type

7.2.5.     By Fuel Type (Petrol, Diesel, Alternate Fuels)

7.2.6.     By Application (Logistics, Mining, Construction, Others)

7.3.  Pricing Analysis (2020)

8.    Indonesia Bus/Van Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type (Bus, Van)

8.2.2.     By Length (Below 8m, 8m-10m, 10m-12m, Above 12m)

8.2.3.     By Seating Capacity (Below 20, 20-40, 41-50, Above 50)

8.2.4.     By Transmission Type

8.2.5.     By Fuel Type (Petrol, Diesel, Alternate Fuels)

8.2.6.     By Application (Public Transport, Tourists, School, Office, Others)

9.    Pricing Analysis (2020)

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends and Developments

12.  Policy and Regulatory Landscape

13.  Indonesia Economic Profile

14.  Competitive Landscape

14.1.              Company Profiles (Partial List of Leading Companies)

14.1.1.  Mitsubishi Motors Krama Yudha Indonesia

14.1.2.  PT Astra Daihatsu Motor

14.1.3.  PT HINO Indonesia

14.1.4.  Suzuki Indonesia

14.1.5.  PT. Tata Motors Indonesia

14.1.6.  UD Trucks Corp.

14.1.7.  PT Toyota Astra Motor

14.1.8.  Isuzu Astra Motor Indonesia,

14.1.9.  PT Daimler Commercial Vehicles Indonesia

14.1.10.                PT. Maxindo Renault Indonesia

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions






Srishti Verma

Business Consultant
Press Release

Indonesia Commercial Vehicle Market to be dominated by Truck vehicle type till 2026

Dec, 2021

Launch of autonomous commercial vehicles and the demand for last-mile delivery are driving the growth of Indonesia Commercial Vehicle Market in the forecast period, 2022-2026.