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    Indonesia Electric Bicycles Market

    ID: MRFR/AT/52447-HCR
    200 Pages
    Sejal Akre
    October 2025

    Indonesia Electric Bicycles Market Research Report By Type (Pedal Assist/ Pedelecs, Power on Demand, Pedal Assist with Power on Demand), By Battery Type (Sealed Lead Acid, Li-Ion Battery) and By Motor Type (Hub Motor, Mid Drive Electric)- Forecast to 2035

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    Indonesia Electric Bicycles Market Infographic
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    Indonesia Electric Bicycles Market Summary

    As per MRFR analysis, the Indonesia electric bicycles market size was estimated at 410.4 USD Million in 2024. The Indonesia electric bicycles market is projected to grow from 451.89 USD Million in 2025 to 1183.4 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 10.11% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Indonesia electric bicycles market is experiencing robust growth driven by government support and evolving consumer preferences.

    • The largest segment in the Indonesia electric bicycles market is the commuter segment, reflecting a shift towards sustainable urban transport.
    • The fastest-growing segment is the recreational segment, indicating a rising interest in leisure cycling activities.
    • Government incentives and technological advancements are significantly shaping the market landscape, enhancing accessibility and appeal.
    • Urban mobility challenges and environmental awareness are key drivers propelling the adoption of electric bicycles in Indonesia.

    Market Size & Forecast

    2024 Market Size 410.4 (USD Million)
    2035 Market Size 1183.4 (USD Million)

    Major Players

    Giant Bicycles (TW), Trek Bicycle Corporation (US), Specialized Bicycle Components (US), Accell Group (NL), Yamaha Motor Co (JP), Riese & Müller (DE), BionX International (CA), Pedego Electric Bikes (US), Haibike (DE)

    Indonesia Electric Bicycles Market Trends

    This market is experiencing notable growth, driven by increasing urbanization and a rising awareness of environmental issues. As cities expand, the demand for efficient and sustainable transportation options becomes more pronounced. Electric bicycles offer a practical solution, allowing users to navigate congested urban areas while reducing their carbon footprint. Furthermore, government initiatives aimed at promoting green transportation are likely to bolster this market. Incentives such as subsidies and tax breaks for electric bicycle purchases may encourage more consumers to consider this eco-friendly alternative. In addition, the electric bicycles market is witnessing advancements in technology, enhancing the overall user experience. Innovations in battery life, charging infrastructure, and smart features are making electric bicycles more appealing to a broader audience. As manufacturers focus on improving performance and convenience, the market is expected to attract a diverse range of consumers, from daily commuters to recreational riders. This trend suggests a shift in consumer preferences towards sustainable and efficient modes of transport, which could reshape urban mobility in the near future.

    Government Support and Incentives

    Government initiatives are playing a crucial role in promoting the electric bicycles market. Policies aimed at reducing emissions and encouraging sustainable transport options are likely to lead to increased adoption. Incentives such as subsidies for buyers and investments in charging infrastructure may further stimulate market growth.

    Technological Advancements

    The electric bicycles market is benefiting from rapid technological advancements. Improvements in battery technology, such as longer life and faster charging times, are enhancing user experience. Additionally, the integration of smart features is making electric bicycles more attractive to consumers.

    Changing Consumer Preferences

    There is a noticeable shift in consumer preferences towards sustainable transportation solutions. As awareness of environmental issues grows, more individuals are considering electric bicycles as a viable alternative to traditional vehicles. This trend indicates a potential transformation in urban mobility patterns.

    Indonesia Electric Bicycles Market Drivers

    Rising Fuel Prices

    Rising fuel prices in Indonesia are contributing to the growth of the electric bicycles market. As fuel costs continue to escalate, consumers are seeking more economical alternatives for their daily commutes. Electric bicycles present a cost-effective solution, with lower operational costs compared to traditional vehicles. Data suggests that the operational cost of electric bicycles can be up to 80% lower than that of gasoline-powered vehicles. This financial incentive is likely to attract more consumers to the electric bicycles market, as individuals look to reduce their transportation expenses while maintaining mobility.

    Environmental Awareness

    Growing environmental awareness among Indonesian consumers is significantly impacting the electric bicycles market. As concerns about air pollution and climate change rise, individuals are increasingly seeking sustainable transportation options. Electric bicycles, which produce zero emissions during operation, align with these values. Recent surveys indicate that approximately 70% of urban residents in Indonesia express a preference for eco-friendly transportation methods. This shift in consumer mindset is likely to drive demand for electric bicycles, as more individuals prioritize sustainability in their purchasing decisions. The electric bicycles market is thus positioned to benefit from this heightened environmental consciousness, potentially leading to increased sales and market penetration.

    Technological Integration

    Technological integration within the electric bicycles market is fostering innovation and enhancing user experience. The incorporation of smart technologies, such as GPS navigation and mobile app connectivity, is making electric bicycles more appealing to tech-savvy consumers. In Indonesia, the introduction of features like anti-theft systems and performance tracking is likely to attract a broader audience. As technology continues to evolve, the electric bicycles market may see an influx of new models equipped with advanced features, catering to diverse consumer preferences. This trend suggests a promising future for the market, as innovation drives growth and consumer interest.

    Urban Mobility Challenges

    This market is experiencing growth due to increasing urban mobility challenges. As cities expand, traffic congestion becomes a pressing issue, leading to longer commute times. Electric bicycles offer a practical solution, allowing users to navigate through traffic more efficiently. In urban areas, the demand for alternative transportation modes is rising, with electric bicycles providing a sustainable option. According to recent data, urban areas in Indonesia have seen a 15% increase in the adoption of electric bicycles as commuters seek to avoid gridlock. This trend indicates a shift towards more eco-friendly transportation solutions, positioning the electric bicycles market as a viable alternative for urban dwellers.

    Government Infrastructure Development

    This market is likely to benefit from ongoing government infrastructure development initiatives. Investments in cycling lanes and related infrastructure are becoming more prevalent, aimed at promoting sustainable transportation. The Indonesian government has allocated approximately $200 million for the development of cycling infrastructure over the next five years. This investment is expected to enhance the safety and convenience of using electric bicycles, encouraging more individuals to adopt this mode of transport. As infrastructure improves, the electric bicycles market may see a corresponding increase in user adoption, further solidifying its role in the transportation landscape.

    Market Segment Insights

    Indonesia Electric Bicycles Market Segment Insights

    Indonesia Electric Bicycles Market Segment Insights

    Electric Bicycles Market Type Insights

    Electric Bicycles Market Type Insights

    The Indonesia Electric Bicycles Market is witnessing a significant rise in demand, driven by increasing urbanization and environmental awareness among consumers. The Type segment plays a crucial role in this evolving market landscape, with three main categories naturally emerging: Pedal Assist/Pedelecs, Power on Demand, and Pedal Assist with Power on Demand. Pedal Assist/Pedelecs stands out as a preferred choice during daily commutes, as they enhance the traditional cycling experience by providing electric assistance, thus promoting healthier lifestyles and reducing traffic congestion in densely populated areas like Jakarta.

    Power on Demand bicycles cater to riders seeking a more flexible riding experience, allowing users to engage the electric motor at their convenience, making it popular among tourists and outdoor enthusiasts exploring the beautiful landscapes of Indonesia. This flexibility promotes longer riding distances and serves the growing need for alternative transportation methods in urban areas. Meanwhile, the combination of Pedal Assist with Power on Demand offers riders the advantage of choosing between assistance modes, effectively appealing to a diverse demographic of users, from casual cyclists to serious commuters.

    The trend in Indonesia also reflects the government's initiatives towards eco-friendly transportation solutions, aligning with global trends for sustainable urban mobility. As electric bicycles gain popularity in Indonesia, the segmentation focusing on Type not only highlights consumer preferences but also underscores the need for innovation in design and technology that meets the unique demands of the region's cyclists. The combination of these factors points to a bright future for the Indonesia Electric Bicycles Market, offering ample opportunities for manufacturers to innovate and cater to the distinct needs and preferences of Indonesian consumers.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Electric Bicycles Market Battery Type Insights

    Electric Bicycles Market Battery Type Insights

    The Battery Type segment within the Indonesia Electric Bicycles Market showcases a range of options that cater to varying consumer needs and preferences. Among these, Sealed Lead Acid batteries and Lithium-Ion batteries play pivotal roles, each dominating different aspects of the market landscape. Sealed Lead Acid batteries are known for their affordability and robustness, making them a practical choice for urban users seeking reliability. However, the advanced technology associated with Lithium-Ion batteries offers significant advantages in terms of efficiency, weight, and longevity, appealing to a growing segment of environmentally conscious consumers.

    With Indonesia’s focus on sustainable transportation solutions and the government's initiatives promoting electric mobility, the demand for electric bicycles is anticipated to rise. This trend is fueling the exploration of various battery technologies, as both Sealed Lead Acid and Lithium-Ion batteries contribute differently to the overall performance of electric bicycles. As the market evolves, the emphasis on better battery efficiency and longer lifespan remains critical, guiding innovations and developments in these battery types, thereby shaping future trends in the Indonesia Electric bicycle market.

    Electric Bicycles Market Motor Type Insights

    Electric Bicycles Market Motor Type Insights

    The Motor Type segment within the Indonesia Electric Bicycles Market is a vital area of focus, demonstrating significant growth potential and innovation. The landscape primarily consists of Hub Motors and Mid Drive Electric systems, each with unique advantages that cater to different consumer preferences and geographical demands. Hub Motors are known for their simplicity and ease of maintenance, making them a popular choice for urban commuting, where users prioritize convenience and efficiency. 

    Conversely, Mid Drive Electric motors offer superior performance on varied terrains, appealing to cycling enthusiasts and those navigating Indonesia's diverse landscapes.The prevalence of cycling culture in Indonesia, driven by increasing urbanization and health consciousness, fuels ongoing opportunities in this segment. Additionally, rising environmental concerns are propelling the market towards electric bicycles as sustainable transportation alternatives. The Indonesian government's commitment to promoting green mobility further enhances the appeal of electric bicycles, potentially influencing the Motor Type dynamics as consumers look for reliable and eco-friendly options.

    Overall, the focus on technological advancement in motor types will be crucial for shaping the future direction of Indonesia's electric bicycle industry.

    Get more detailed insights about Indonesia Electric Bicycles Market

    Key Players and Competitive Insights

    The electric bicycles market in Indonesia is currently characterized by a dynamic competitive landscape, driven by increasing urbanization, environmental awareness, and a growing preference for sustainable transportation solutions. Key players such as Giant Bicycles (Taiwan), Trek Bicycle Corporation (US), and Yamaha Motor Co (Japan) are actively shaping the market through strategic initiatives focused on innovation and regional expansion. These companies are leveraging their technological expertise and brand recognition to enhance product offerings, thereby influencing the competitive environment significantly.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and improve supply chain efficiency. The market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Specialized Bicycle Components (US) and Accell Group (Netherlands) is notable, as they implement strategies that emphasize sustainability and digital transformation, further intensifying competition.

    In October 2025, Yamaha Motor Co (Japan) announced a partnership with local Indonesian manufacturers to establish a production facility aimed at increasing the availability of electric bicycles in the region. This strategic move is likely to enhance Yamaha's market presence while addressing local demand more effectively. By localizing production, Yamaha may also reduce lead times and costs, positioning itself favorably against competitors.

    In September 2025, Trek Bicycle Corporation (US) launched a new line of electric bicycles specifically designed for urban commuting, featuring advanced battery technology and smart connectivity. This initiative underscores Trek's commitment to innovation and aligns with the growing trend of urban mobility solutions. The introduction of such products may attract a broader customer base, particularly among environmentally conscious consumers seeking efficient transportation options.

    In August 2025, Giant Bicycles (Taiwan) expanded its distribution network in Indonesia by partnering with local retailers, enhancing accessibility to its electric bicycle range. This strategic expansion is indicative of Giant's focus on increasing market penetration and customer engagement. By collaborating with local businesses, Giant may effectively tap into regional insights and consumer preferences, thereby strengthening its competitive position.

    As of November 2025, the electric bicycles market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence in product development. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. Moving forward, it appears that competitive differentiation will increasingly hinge on technological advancements and supply chain reliability, rather than solely on price. Companies that prioritize innovation and sustainability are likely to emerge as leaders in this evolving market.

    Key Companies in the Indonesia Electric Bicycles Market market include

    Industry Developments

    Recent developments in the Indonesia Electric Bicycles Market highlight significant growth and increasing interest from prominent companies. Greenmobility has been expanding its fleet of electric bicycles, focusing on eco-friendly transportation solutions in urban areas. Major global players like Samsung and Polestar are entering the market, contributing their technology to enhance the electric bicycle experience. 

    In November 2023, Amsel Electric Bicycle announced a partnership with local manufacturers to increase the availability of their models across Indonesia, capitalizing on the growing demand for sustainable transport. Moreover, Niu Technologies and Ride1Up have introduced innovative designs tailored to Indonesian consumers' preferences, while Ecobike is working on creating affordable pricing strategies to widen its customer base. 

    There have been no major mergers or acquisitions reported in the sector recently; however, the market has shown a strong upward trend, with major brands like Yamaha and Giant Manufacturing Co seeing a rise in valuations, which positively influences the overall market landscape. In the last few years, the government has also been supportive of electric mobility initiatives, indicating a robust framework for the industry's future.

    Future Outlook

    Indonesia Electric Bicycles Market Future Outlook

    This market is projected to grow at a 10.11% CAGR from 2024 to 2035, driven by urbanization, environmental concerns, and technological advancements.

    New opportunities lie in:

    • Development of subscription-based e-bike services for urban commuters.
    • Expansion of charging infrastructure in urban and rural areas.
    • Partnerships with local governments for e-bike sharing programs.

    By 2035, the electric bicycles market is expected to be robust, driven by innovation and increased adoption.

    Market Segmentation

    Indonesia Electric Bicycles Market Type Outlook

    • Pedal Assist/ Pedelecs
    • Power on Demand
    • Pedal Assist with Power on Demand

    Indonesia Electric Bicycles Market Motor Type Outlook

    • Hub Motor
    • Mid Drive Electric

    Indonesia Electric Bicycles Market Battery Type Outlook

    • Sealed Lead Acid
    • Li-Ion Battery

    Report Scope

    MARKET SIZE 2024 410.4(USD Million)
    MARKET SIZE 2025 451.89(USD Million)
    MARKET SIZE 2035 1183.4(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.11% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Giant Bicycles (TW), Trek Bicycle Corporation (US), Specialized Bicycle Components (US), Accell Group (NL), Yamaha Motor Co (JP), Riese & Müller (DE), BionX International (CA), Pedego Electric Bikes (US), Haibike (DE)
    Segments Covered Type, Battery Type, Motor Type
    Key Market Opportunities Growing demand for sustainable transportation solutions drives innovation in the electric bicycles market.
    Key Market Dynamics Rising consumer demand for sustainable transportation drives innovation and competition in the electric bicycles market.
    Countries Covered Indonesia

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    FAQs

    What is the expected market size of the Indonesia Electric Bicycles Market in 2024?

    The Indonesia Electric Bicycles Market is expected to be valued at 855.0 million USD in 2024.

    What is the projected market size for the Indonesia Electric Bicycles Market by 2035?

    By 2035, the market is anticipated to reach a valuation of 2136.0 million USD.

    What is the expected CAGR for the Indonesia Electric Bicycles Market between 2025 and 2035?

    The expected CAGR for the Indonesia Electric Bicycles Market from 2025 to 2035 is 8.68%.

    Which type of electric bicycle segment holds the largest market share in 2024?

    The Pedal Assist/Pedelecs segment is valued at 300.0 million USD in 2024, holding a significant market share.

    What will be the market size of Pedal Assist/Pedelecs in 2035?

    The Pedal Assist/Pedelecs segment is projected to grow to 750.0 million USD by 2035.

    Who are the major players in the Indonesia Electric Bicycles Market?

    Key players in the market include Greenmobility, Samsung, Polestar, Ecycle, and Amsel Electric Bicycle among others.

    What is the market size for Power on Demand electric bicycles in 2024?

    The Power on Demand segment is valued at 250.0 million USD in 2024.

    What will be the market size for Pedal Assist with Power on Demand in 2035?

    The Pedal Assist with Power on Demand segment is expected to reach 786.0 million USD by 2035.

    What are the key growth drivers for the Indonesia Electric Bicycles Market?

    Key growth drivers include increasing urbanization, demand for sustainable transportation, and technological advancements in electric bicycles.

    How is the current global scenario impacting the Indonesia Electric Bicycles Market?

    The ongoing global scenario is driving interest in eco-friendly transportation solutions, enhancing the growth prospects of the market.

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