Indonesia Bus Strategic Market Analysis Report 2024-2035 Featuring Mercedes-Benz, Mitsubishi Fuso, Hino, Isuzu, Scania, Tentrem, Adiputro, Trisakti, Laksana PT TransJakarta, PT INKA, and P...
Toyota Motor Corporation (TM)
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Indonesia emerges as a significant player in the global bus market due to its expanding population and increasing reliance on public transportation. The number of buses in operation rises every year, with leading original equipment manufacturers (OEMs) such as Mercedes-Benz, Mitsubishi Fuso, Hino, Isuzu, and Scania dominating sales. The Indonesian bus market primarily operates on a chassis basis, where bus chassis are either imported as completely built units or assembled as completely knocked down kits, while local bodybuilding companies (Tentrem, Adiputro, Trisakti, Laksana) fabricate the bus bodies. This analysis covers the market dynamics and the role of these key manufacturers in Indonesia's bus industry. The report estimates that the market will grow at a 1.44% compound annual growth rate (CAGR), with a notable shift toward battery electric buses (BEBs) driven by government initiatives to reduce greenhouse gas emissions. The Indonesian Ministry of Transportation has set amb
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