1. Market Research
  2. > Automotive Market Trends

Indonesia and the Rising Green Car Market in ASEAN : Launch of Low-Cost Green Cars and Encouraging Government Policy to Drive Demand

  • December 2014
  • 40 pages
  • Frost & Sullivan
Report ID: 2563769


Table of Contents

Key Findings

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.

Economic Growth in ASEAN Countries

•GDP on purchasing power parity (PPP) for the five countries in the ASEAN group is likely to expand at a compound annual growth rate (CAGR) of x %, while GDP per capita is expected to expand at a CAGR of x % from 2013 to 2019.
•Population in the countries is likely to expand at a CAGR of x % during the same period.
•Indonesia will be the largest economy with a GDP of more than $ x trillion in 2019, although GDP per capita will be $ x , which is smaller than that of Malaysia and Thailand.

Growth in the ASEAN Group, Decline in Thailand

•The top five ASEAN automotive markets reached x million units of the total industry volume in 2013.
•Thailand remained the largest market, but saw a steep decline of x % in unit sales in 2013.
•Indonesia continued to grow, inching closer to the leading position.

Advent of Fuel-efficient Cars

•Indonesia, Malaysia, and Thailand announced new policies for a new class of products broadly classified as “fuel-efficient vehicles”.
•The LCGC policy was rolled out in Indonesia in September 2013; the country witnessed sales of x units in the first 4 months.
•Malaysia rolled out the National Automotive Policy, which focuses on energy-efficient vehicles.
•Thailand announced the Eco Car–2 program to attract further investments in production capacity.

ASEAN Economic Community (AEC) Implementation Delayed but Inevitable

•There have been some delays in the AEC implementation. However, there are some structural developments that point towards AEC being an inevitable development to unify the market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

US Automotive Technicians’ Choice Survey of Replacement Parts, 2016

  • $ 20000
  • Industry report
  • May 2017
  • by Frost & Sullivan

Technicians Shifting to Digital Platforms The importance of technicians as customers for part suppliers continues to grow with the continued expansion of the Do-It-For-Me (DIFM) channel in the US automotive ...

Hindered Amine Light Stabilizers Market by Type, Application, and Region - Global Forecast to 2022

  • $ 9965
  • Industry report
  • July 2017
  • by MarketsandMarkets

Increasing demand for greenhouse films expected to drive the HALS market in the midterm The global Hindered Amine Light Stabilizers (HALS) market is projected to reach USD 1.15 billion by 2022, at a CAGR ...

Automotive Sunroofs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

Global Automotive Sunroofs Market: Overview The automotive sunroofs market is anticipated to grow at a significant pace over the forecast period of 2017-2025. An automotive sunroof can be defined as a ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.