This research service assesses the Indonesian market for commercial trucks, focusing on light-duty, medium-duty, and heavy-duty commercial truck segments. Commercial trucks are an important contributor to factory-to-business (F2B) and business-to-business (B2B) activities, including manufacturing, agriculture, forestry, mining, construction, transportation and warehousing, and wholesale and retail. Of the Southeast Asian countries, Indonesia is the largest in terms of population and economy. The rapid growth of gross domestic product (GDP), urbanization, infrastructure, and industrialization have expanded demand and accelerated the production and sales of commercial trucks in the country.
Frost & Sullivan highlights the size of commercial truck segments since 2020 and forecasts until 2030. In addition, it defines the key highlights of the Indonesian commercial truck market in 2021, including the competitive environment, market structure, and segment breakdown.
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