Indonesia Auto Finance Industry Outlook to 2026- Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory aut

Indonesia Auto Finance Industry Outlook to 2026- Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities

The report “Indonesia Auto Finance Industry Outlook to 2026- Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities”by Ken Research provides a comprehensive analysis of the potential of Auto Finance Industry in Indonesia. The report also covers overview and Population Analysis of the industry, market size in terms of revenue; market segmentation by Category of Lenders, by Type of Vehicles, by Type of Ownership, by Category of Vehicles, by Loan Tenure, by Geography; Trends and developments, challenges and issues, Decision Making Parameters; SWOT analysis; Strengths and Weaknesses; Government Policies and regulatory framework, COVID-19 Impact, Auto Finance Market Aggregators, Digital Disruptions. The report concludes with future market projections & Outlook and analyst recommendations.

Detailed Analysis on the Indonesia Auto Finance Market:

Increasing Population, growing income levels and recovery of the economy post Covid is leading to a rise in sales of vehicles which is expected to drive the rise in Auto Outstanding Loans in Indonesia. Hence, The Auto Finance Market is in the Growing Phase with Banking Institutions and NBFCs leading the Market and Online Aggregators Platforms entering the Market.And the Introduction of Online Personal Loan Aggregator Platforms in the market to provide ease in vendor selection process like BSP pay, Pesopay are among the top aggregator, Better Technological Infrastructure in the form of growing Auto Finance platforms, digital installment payment system, zero or very less face-to-face dealing, and simpler procedure, e.g. - Kredit Pintarand rising usage of AI and ML, for better Auto lending experience will lead the future growth of the industry. Innovative Business Models such as Subscription Lending & shared ownership may grow in future to increase car financing. The market is still expected to a good growth in Auto Finance Market of Indonesia

Indonesia Auto Finance Market:

By Category of Lenders (by Revenue), 2021 & 2026F:

Financing of auto vehicles by NBFCs in Indonesia is expected to rise in Double digits due to the new emerging technologies, ease in the process, and longer loan tenure. BCA Bank, Bank CIMB Niaga, Bank Central Asia (BCA), Bank Danamon Indonesia, are some of the banks lending a major share of auto loans in Indonesia.

Cekaja, ACC Finance, MPM Finance, BFI Finance, Oto Multiartha are some of the main NBFCs lending a major share of auto loans in Indonesia.

By Type of Vehicle, 2021 & 2026F:

Most of the loan provided are to the Four-Wheeler sections. Two-Wheeler segment is also expected to see a high growth rate with the increase in capital expenditure of the people and growing population.

By Type of Ownership, 2021 & 2026F:

Financing of new vehicles in Indonesia is expected to see a major rise in the market share as the general interest rate on used vehicle loan is comparatively higher than that of new vehicle loan.

By Category of Vehicles, 2021 & 2026F:

The number of Commercial cars sold in the Indonesia was higher than the personal car segment in 2021 compared to the previous year. With a vehicle unit sale, the majority of the sharein 2021, Toyota is expected to have one of the highest market shares in the selected region and will still continue to acquire a major share in the market in 2022. With the growing population, lower interest rates and increasing expenditure of the people will result in increased demand for the commercial vehicle.

By Loan Tenure, 2021 & 2026F:

In Indonesia Auto Finance Market, Higher proportion (~XX%) of the New Vehicles sold are financed for 3+ years and is expected to see rise demand for the same loan tenure in the upcoming years.

By Geographical Location, 2021 & 2026F:

Metropolitan region takes the lead based on auto loans credit disbursed across Indonesia, this is mainly due to the rise in income and population of the people. And it will still continue to see the maximum growth followed by Urban regions of the Indonesia.

Competitive Landscape in Indonesia Auto Finance Market:

Indonesia Auto Finance Industry is expected to witness growth in future owing to reasons such as Increasing demand for automotive, growing income levels, new and innovative business models and more. The Institutionsinclude Bank CIMB Niaga, Bank Rakyat Indonesia, Danamon Bank, Mandiri Bank, Megabank, Bank Negara Indonesia, BCA bank, Bank Jasa Jakarta, Cekaja, ACC Finance, Oto Multiartha, Radana Bhaskara, Adira Finance, Indomobil Multi Jasa, Mitsui Auto Finance, Mandiri Tunas Finance, Rabana Investindo Maybank Finance, Mobil88, OLX Indonesia, Mobil123, Carmudi, Oto.com, Diamond Smart Auto, Carro. Auto Finance Players in Indonesia should focus on aspects like designing a new operating model, expanding pipeline with predictive analytics, getting in front of prospects through AI and gaining efficiencies through ML to grow their business. Companies in Auto Finance Market are competing based on Interest Rate Offered, Loan Tenure, Deals Offered, Convenience and Extra Fees Charged.

Indonesia Auto Finance Market Future Outlook and Projections:

Indonesia Auto Finance Market is Expected to grow with a high CAGR in between 2021 and 2026F, one of the major determinants for the surging growth in coming years is the Increasing Population and growing income levels leading to rise in sales of cars , the rise in Auto Outstanding Loans in Indonesia, the increase in Auto Loan Outstanding is expected a high growth rate between 2021F-2026F, Four-Wheeler car models are expected to witness strong growth as the majority of car buyers segment includes the High Income people leading to larger Loan amount per customer, Expectation of high growth in car sales especially in Green cars as the government is building the infrastructure like the charging point at public parks . Higher digitization and usage of Artificial Intelligence and Machine Learning to improve customer convenience. New Business Models such as Subscription Lending, Shared ownership financing are coming into play which will lead the way for high growth rate in the Indonesia Auto Finance Market.

Key Segments Covered

Indonesia Auto Finance Market:

By Category of Lenders (By Credit dispersed), 2021 & 2026F:

Captive Financing Companies

Banks

NBFCs

By Type Of Vehicles (By Credit dispersed), 2021 & 2026F:

Two Wheelers

Three Wheelers

Four Wheelers

By Type of Ownership (By Credit dispersed), 2021 & 2026F:

Used Cars

New Cars

By Category of Vehicles (By Credit dispersed), 2021 & 2026F:

Passenger Vehicles

Commercial Vehicles

By Duration of Loan (By Credit dispersed), 2021 & 2026F:

1 Year

2 Year

3 Year

3+ Years

By Geographical Location (By Credit dispersed), 2021 & 2026F:

Rural & Semi Urban

Urban

Metropolitan

Key Target Audience

Banks and its Subsidiaries

NBFCs

Captive Finance Companies

Government and Institutions

Automobile Companies

Car Dealers

Government and Institutions

Existing Auto Finance Companies

OEM Dealerships

New Market Entrants

Investors

Auto mobile Associations

Time Period Captured in the Report:

Historical Period: 2016-2020

Base Year: 2021

Forecast Period: 2022– 2026F

Companies Covered:

Bank CIMB Niaga

Bank Rakyat Indonesia

Danamon Bank (Adira Dinamika Finance)

Mandiri Bank (Mandiri Tunas Finance)

Megabank (WOM)

Bank Negara Indonesia

BCA Bank

Bank Jasa Jakarta

Cekaja

ACC Finance

Oto Multiartha

Radana Bhaskara

Adira Finance

Indomobil Multi Jasa

Mitsui Auto Finance

Mandiri Tunas Finance

Rabana Investindo

Maybank Finance

Mobil88

OLX Indonesia

Mobil123

Carmudi

Oto.com

Diamond Smart Auto

Carro

Key Topics Covered in the Report:

Demographic overview and major industries of Indonesia

Economic Overview of Indonesia

Trade Scenario of Indonesia

Indonesia Automotive Market – Vehicle sales

Indonesia Automotive Market - Major OEM brands basis passenger cars sales

Indonesia Auto Finance Ecosystem

Indonesia Auto Finance Market Value Chain Analysis

Major Types of auto loans available in the Indonesia Auto Finance Market

Growth Drivers of Indonesia Auto Finance Industry

Decision making Parameters for selecting Auto loan Vendor

SWOT Analysis of the industry

Trends and Developments in the Industry

Issues and challenges in the industry

Government initiatives in the industry

COVID-19 Impact on the Indonesia Auto Finance Industry

Customer Journey

Indonesia Auto Finance Market Sizing

Indonesia Auto Finance Market Segmentation

Indonesia Automotive Finance Aggregator

Indonesia Auto Finance Market - Future Sizing

Indonesia Auto Finance Market - Future Segmentation

Digital Disruptions in the Indonesia Auto Finance Industry

Analyst Recommendations

Please Note:It will take 5-7 business days to complete the report upon order confirmation.