Indonesia Car Rental Market, Industry Growth, Analysis and Future Outlook: Ken Research

    Richa Sharma

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    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 on considerable research and development operations to stay competitive.

    What is the Expected Future Outlook for the Overall Indonesia Car Rental Market Across the globe?

    The Indonesia Car Rental market was valued at $ ~billion in 2022 and is anticipated to reach $ ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022-2027F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

    The Indonesia Car Rental market is driven by new car rental companies along with increasing tourism in the country and more internet penetration in rural areas of the country. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries. Also, online tourist vehicle bookings are increasing in the country due to the rising usage of smartphones, and the growth in the number of users preferring online channels. In the impending years, the Indonesia Car Rental Market will grow because of the increased focus of car rental firms on corporate clients, the increase in foreign travelers, etc.

    The current car rental market participants in Indonesia are in the process of introducing new services and improving entertainment alternatives, such as adding an LED screen for clients to avoid exhausting them in their city’s traffic jams and GPS tracking of the journey. Since there are more businesses offering car rental services every year, the kind and caliber of these services are advancing in the market to compete. All of these elements would increase demand for car rental services in Indonesia.

    There has been a paradigm shift away from products and toward experiences in recent years. Consumer durables and clothing spending have slowed, while experiential spending on recreation, travel and eating has skyrocketed. As a result, the demand for commodities outnumbers the demand for travel. Now, the growth has coincided with an increase in both domestic and international outbound tourists. The aforementioned factors are key drivers for the Indonesian leisure activity market, which will further boost the growth of the Indonesian car rental service market. Furthermore, because Jakarta is a popular convention destination, the leisure activity segment has significant market potential throughout the forecast period.

    Key Segments Covered: –

    Indonesia Car Rental Market:

    By Market Structure

    Organized market

    Unorganized market

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    By Type of Vehicles

    Small Cars/ Hatchbacks




    By ICE/EV

    ICE (Internal Combustion Engine

    Electric Vehicles

    By Cities






    By Mode of Booking



    By Client



    By Pick-up



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    Key Target Audience

    Car Rental Service Providers

    Car Rental Companies aiming to establish in Indonesia

    Indonesia’s automotive industries

    Government Bodies & Regulating Authorities

    Venture Capitalist targeting the car rental market

    Automotive industry association

    Car Manufacturers

    Existing Car Rental Companies

    OEM Dealerships

    New Market Entrants


    Car Rental Associations

    Time Period Captured in the Report

    Historical Year: 2017-2022

    Base Year: 2022

    Forecast Period: 2022– 2027F

    Companies Covered

    Car Rental Company

    The Hertz Corporation

    Blue Bird Group


    Mitra Pinasthika Mustika Rent

    Adi Sarana Armada Tbk


    Europcar Indonesia

    Globe Rent a Car

    Key Topics Covered in the Report

    Overview, Operating Models and Company Profile of the Automotive Industry in the Indonesia, 2022

    Overview and Genesis of Car Rental Market in Indonesia, 2022

    Ecosystem of Indonesia Car Rental Market

    Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Indonesia

    Indonesia Car Rental Market Sizing, 2017- 2022P

    Market Segmentations of Car Rental Market in Indonesia (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022

    Indonesia E-Commerce Warehousing Overview, 2021

    SWOT Analysis of Indonesia Car Rental Market

    Growth Drivers of Indonesia Car Rental Market

    Government regulations of Indonesia Car Rental Market

    Government Incentives and Policies on Electrification in Indonesia

    Trends and Developments of Indonesia Car Rental Market

    Challenges of Indonesia Car Rental Market

    Competitive Analysis of Car Rental Market in Indonesia

    End User Analysis of Car Rental Market in Indonesia

    Future Outlook and Projections of Car Rental Market in Indonesia, 2022-2027F

    Market Opportunities and Analyst Recommendations

    For more insights on the market intelligence, refer to the link below: –

    Future Outlook of Indonesia Car Rental Market

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