Indonesia Car Rental Market, overview and genesis of the industry Outlook to 2027F : Ken Research What is the Size of Indonesia car rental Industry? Indonesia Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD Bn by 2027F. The Indonesia Car Rental Market is largely driven by expanding middle class, growing tourism sector, and the emergence of ride-hailing. The expanding middle class… Read More »
Indonesia Car Rental Market, Industry Growth, Analysis and Future Outlook: Ken Research Competition Scenario in Indonesia Car Rental Market Indonesia’s Car Rental Market is at a growing stage and has a highly fragmented market, with the top 8 players accounting for a little over one-fourth of the market. Major players operating in the market are TRAC, Indorent, Bluebird, Adi Sarana Armada Tbk, and others. The companies rely… Read More »
Indonesia Car Rental Market Outlook to 2027F: Ken Research What Is the Size of Indonesia Car Rental Industry? Indonesia’s Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach $ ~ Bn by 2027F. The Indonesia Car Rental Market is largely driven by the expansion of the tourism industry with rising foreign tourists in Indonesia and on-demand… Read More »
Indonesia Car Rental Market Analysis, Trends, Revenue Outlook to 2027: Ken Research Indonesia Car Rental Market Ecosystem Indonesia’s Car Rental Market is in the growing stage, being driven by new car rental companies along with increasing tourism in the country and more internet penetration in rural areas of the country. Major players in the car rental market of Indonesia include The Hertz Corporation, Blue Bird Group, TRAC.… Read More »
The Rising Number of Foreign Tourists in the country and various Government Initiatives are the major driver of the Indonesian car rental market: Ken Research Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, the car rental market in Indonesia has ample growth potential in the coming years. Significant growth in travel and tourism: The Indonesian car rental market is currently expanding. The pandemic has caused a precipitous drop, which… Read More »
Indonesia Car Finance Market is further expected to reach a Market Size of around USD 1366 Billion by the year ending 2024: Ken Research The report provides a comprehensive analysis of the Indonesia Car finance market including market evolution, market overview, market genesis, and market size and market segmentation. Extensive focus has been placed in quantifying the credit disbursed and a number of vehicles financed, both new and used. The report covers aspects such as market segmentation (by loan tenure, new… Read More »
Indonesia Car Finance Market Forecast to 2024: Ken Research How Indonesia Car Finance Market Is Positioned? Indonesia Car finance market has been identified as in its late growth stage. During the last 5 years, the Car finance market has risen as demand and supply for automotive grew at a decent rate year on year. Lenders institutions in this period have evolved to provide a range of innovative… Read More »
Growth in the Indonesia Car Finance Market is driven by the growing Household and Urban population of Indonesia, rise in the number of Financing Options, high penetration rate of Finance in new and used Car in the country and Growth of Fintech Prospects in the Market: Ken Research Benign inflation, low borrowing costs, and a thriving economy helped Indonesia’s Finance sector achieve remarkable growth following the 2008/2009 global financial crisis. Now with the stature of a primary lending institution for Car finance in Indonesia shifting from Banks to non-bank lenders such as Captives and NBFCs, this growth is projected to Continue” High level of openness to digital banking propositions: Indonesian consumers are very… Read More »
Indonesia Car Finance Market Outlook to 2024: Ken Research The report titled “Indonesia Car Finance Market Outlook to 2024: Growing Prominence of Captive Finance Companies Backed by Surging Car Sales to Drive Market Growth’ provides a comprehensive analysis of the Indonesia Car finance market including market evolution, market overview, market genesis, market size and market segmentation of various Players in the Market. Extensive focus has been placed… Read More »
