|By PR Newswire||
|February 18, 2013 09:00 AM EST||
~New regulations to be enforced will restrict the industry growth
JAKARTA, Indonesia, Feb. 18, 2013 /PRNewswire/ -- Frost & Sullivan predicts Indonesia automotive 2013 to grow 7.5% reaching 1.2 million units.
Mr. Vivek Vaidya, Vice President, Automotive & Transportation Practice - Asia Pacific at Frost & Sullivan said that the growth will be supported by the stable growth of the domestic economy, the continuous investment flow, infrastructure development, and increasing automotive production capacity. However, the growth will likely restricted by numbers of regulations awaiting to be enforced.
The demand for the passenger vehicles segment in Indonesia is likely to increase 7.6 per cent year-on-year to 840,000 units in 2013 from 780,500 units in 2012.
According to Mr. Vaidya, growth would be driven by segments such as MPVs, SUVs, and compact medium-small cars. More models reflecting low cost and green concepts are expected to be introduced after clear official announcement of the Low Cost Green Car (LCGC) regulations. These models are not only confined small cars, but also hybrid, and possibly CNG-fueled vehicles.
"The Indonesia's growth projection also depends heavily on the official announcement of the Low Emission Carbon (LEC) - LCGC Program. This program will be the game changer for the country's automotive industry. It also will boost Indonesia's vehicle sales and export rate as the LCGC car will fill the gap between motorcycle and vehicle market due its affordable price range. The LEC – LCGC Program will completely resposition Indonesia in global automotive industry map," he explained.
The enforcement of LEC – LCGC Program will create an opportunity to catch up with Thailand as it will open new markets and enable Indonesia to target other developing countries by exporting the LCGC cars.
On the other hand, commercial vehicles segment is expected to see a growth of 7.3% per cent year-on-year to 360,000 units in 2013 due to continued growth in the Indonesia's economy.
"The strong demand from domestic economy activities such as retail and manufacturing sector will drive the market for small-medium pickup/truck while growth in construction sector and infrastructure development might impact higher sales for heavy truck," Vaidya added.
The 4X2 segment will remain the biggest segment as further market development shall be done for models launched in 2012 where most of them are in category 4X2.
However, Mr. Vaidya warned that the rollback of fuel subsidies, increase in minimum wages and enforcement of minimum down payment are likely to have negative impact on sales of new vehicles in 2013.
2012 Vehicle Sales Review
Mr. Vaidya said that in 2012, Indonesia hit the historic 1 million units mark in vehicle sales. However, Indonesia's main rival, Thailand, also reached the 1 million units in vehicle sales and taking back its number one position as ASEAN's largest automotive market in 2012.
The Indonesia's TIV is likely to end at 1.116 million units, growing 24.9 per cent year-on-year. The growth was due to positive domestic economic environment, postponement of subsidized fuel restriction and price increase, increasing buying power from the middle class segment and the introduction of new car models.
"2012 vehicle sales growth is experienced by all segments of passenger vehicles, with the highest volumes coming from 4x2 segment," Mr. Vaidya said.
He added that the sedan segment recovered from 2011 decline as auto part supplies from Thailand and Japan recovered, boosting sales of low and medium sedan category such as Vios, City, Civic and Camry.
Meanwhile, the 4x2 and 4x4 segments saw high growth in 2012 due to new models introduced by automakers in the two segments since the end of 2011. The new models launched included the upgraded Toyota Avanza, Daihatsu Xenia, Honda CR-V and all new models such as Mitsubishi Outlander, Suzuki Ertiga, Nissan Evalia, Chevrolet Spin and Honda Brio.
Mr. Vaidya noted that major automakers in Indonesia are seeing growth in their 2012 sales as total market demand is healthy.
"Toyota remains as the market leader with market share per centage about 36%, followed by Daihatsu at about 15% and gained back its share in the market with the highest increase, thanks to the sales boost from the launched of upgraded Avanza/Xenia at the end of 2011. The sedan segment and hatchback model Yaris also contributed to Toyota's sales in 2012," Mr. Vaidya said.
Suzuki has a market share of 11.3 per cent in 2012 with a 1.1 per centage points growth due to the high sales of its new MPV model Ertiga.
Mr. Vaidya explained that Honda regained part of its market share at 6.2 per cent in 2012 due to the recovery of parts and CBU supply from Thailand and launch of the new CR-V and Brio.
Meanwhile, Mitsubishi saw its market share declined to 13.3 per cent in 2012 from 15 per cent in 2011 as switched its focus from the commercial vehicle segment to passenger cars segment. It also did not have any significant new product launched in 2012.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Sr. Corporate Communications, Indonesia
Phone : +62 21 571 0838
Mobile : +62856 7800 792
BB Pin : 25886C1C
Email : [email protected]
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Sep. 3, 2015 06:00 AM EDT
Containers are not new, but renewed commitments to performance, flexibility, and agility have propelled them to the top of the agenda today. By working without the need for virtualization and its overhead, containers are seen as the perfect way to deploy apps and services across multiple clouds. Containers can handle anything from file types to operating systems and services, including microservices. What are microservices? Unlike what the name implies, microservices are not necessarily small, but are focused on specific tasks. The ability for developers to deploy multiple containers – thous...
Sep. 3, 2015 06:00 AM EDT
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Sep. 3, 2015 05:15 AM EDT Reads: 2,017
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Sep. 3, 2015 05:00 AM EDT Reads: 493
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Communication) is an open source project supported by Google, Mozilla and Opera that aims to enable bro...
Sep. 3, 2015 05:00 AM EDT Reads: 1,582
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
Sep. 3, 2015 04:00 AM EDT Reads: 730
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Sep. 3, 2015 02:30 AM EDT Reads: 1,684
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Sep. 2, 2015 11:45 PM EDT Reads: 641
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so they don't have to be replaced and are instantly converted to become smart, connected devices.
Sep. 2, 2015 11:15 PM EDT Reads: 234
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
Sep. 2, 2015 10:00 PM EDT Reads: 311
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Sep. 2, 2015 06:00 PM EDT Reads: 470
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
Sep. 2, 2015 05:30 PM EDT Reads: 274
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on demos and comprehensive walkthroughs.
Sep. 2, 2015 04:45 PM EDT Reads: 403
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
Sep. 2, 2015 04:15 PM EDT Reads: 361
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
Sep. 2, 2015 04:00 PM EDT Reads: 1,591
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts, GM of Platform at FinancialForce.com, will discuss the value of business applications on wearable ...
Sep. 2, 2015 04:00 PM EDT
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
Sep. 2, 2015 02:00 PM EDT Reads: 271
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Sep. 2, 2015 01:30 PM EDT Reads: 949
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
Sep. 2, 2015 12:45 PM EDT Reads: 201
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Sep. 2, 2015 12:15 PM EDT Reads: 422