Indonesia Box Truck Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Indonesia Box Truck Market is segmented by type (Refrigerated Box Trucks and Non-Refrigerated Box Trucks), Capacity Type (Light-Duty Box Trucks and Medium and Heavy-Duty Box Trucks), Propulsion (Internal Combustion Engine and Electric), and Application (Industrial, Commercial, and Other Applications). The report covers the market size for Indonesia Box Truck Market in terms of value (USD billion) for all the above segments.

Indonesia Box Truck Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Indonesia Box Truck Industry Overview

Indonesia Box Truck Market is dominated by several key players such as Ford Motor Company, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors Co. Ltd, and Many others. The rising expansion of truck manufacturers across the country will likely witness major market growth during the forecast period. For instance,

In November 2022, Mitsubishi Fuso Truck and Bus Corporation announced that the official FUSO distributor of Indonesia, PT Krama Yudha Tiga Berlian Motors. The company explores its electric vehicle fleets across the country through this announcement.

In March 2022, Hino Motors introduced Hino vehicles with common rail engine standards that are more robust, economical, and environmentally friendly and have complied with Euro4 regulations.

In 2021, Schenker Petrolog Utama (SPU), part of DB Schenker Indonesia, added four double-deck wing box trucks to the existing land transport fleet.

Indonesia Box Truck Market Leaders

  1. Isuzu Motor Co. Ltd

  2. Mitsubishi Fuso Truck and Bus Corporation

  3. Ford Motor Company

  4. IVECO GROUP Company (CNH Industrial NV)

  5. Hino Motors, Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Indonesia Box Truck Market Concentration