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ASEAN Automotive Outlook, 2022
ASEAN Automotive Outlook, 2022
Transformative Mega Trends Accelerate the Production and Sales of Hybrid and Electric Powertrain Solutions in ASEAN
RELEASE DATE
27-Apr-2022
27-Apr-2022
REGION
Asia Pacific
Asia Pacific
DELIVERABLE TYPE
Market Outlook
Market Outlook
RESEARCH CODE
PCE2-01-00-00-00
PCE2-01-00-00-00
SKU
AU02320-AP-MO_26495
AU02320-AP-MO_26495
$4,950.00
In stock
SKU
AU02320-AP-MO_26495
This research service evaluates the Association of Southeast Asian Nations (ASEAN) automotive market, focusing on key countries, including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
This study discusses passenger vehicles and pickup trucks (pickups). Pickups are the most common and popular commercial vehicles used daily in different geographies and industries, including agriculture. These vehicles hold the largest commercial vehicle segment share in the region.
ASEAN has automotive production bases in Indonesia, Malaysia, Thailand, and Vietnam. In addition, growth in GDP, urbanization, and road infrastructure accelerated the sales and adoption of private vehicles.
After the severe drop in TIV in 2020 due to the COVID-19 pandemic, sales in the ASEAN automotive market recovered from 2.5 million units in 2020 to 2.8 million units in 2021, a year-over-year increase of 14.5%. The market share of Indonesia, Thailand, and Malaysia increased from 75.4% in 2020 to 76.3% in 2021. In particular, Indonesia faced the strongest growth in 2021, with a year-over-year increase of 66.8%. In addition, Indonesia overtook Thailand and regained its market dominance in ASEAN, which was lost in 2020.
Frost & Sullivan highlights the total size of the respective automotive market and provides historical and forecast data from 2018 to 2022. It defines key highlights of the ASEAN automotive industry in 2021 and future market trends in 2022.
With global emission reduction and electrification trends, this study discusses the breakdown of hybrid electric vehicles (HEVs) and electric vehicles (EVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). In addition, it analyzes the charging infrastructure, shared mobility with a focus on car sharing and eHailing, and connected vehicles.
Author: Ming Lih Chan
Key Highlights of the ASEAN Automotive Industry, 2021
ASEAN Overview
ASEAN Automotive Industry Historic Sales
The 2021 ASEAN Automotive Market, Actuals versus Forecast
Top Predictions for 2022
Top 12 Transformation Shifts, 2021
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the ASEAN Automotive Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation, 2021
Top 5 Global Economic Highlights of 2021
Top 5 Global Economic Predictions for 2022
Global GDP Growth
2022 Scenario Analysis—Quarterly Global Growth
2022 Scenario Analysis—Assumptions
2022 Global GDP Growth Snapshot
Advanced Economies—Predictions for 2022
Emerging Market Economies—Predictions for 2022
Top 5 Global Predictions For 2022—Macroeconomic Policies and Developments
2022 Growth Opportunities—Top 3 Opportunities by Region
2022 Regional Trends—Risks and Policy Direction
Key Growth Metrics, Indonesia
Total Industry Volume (TIV) and Forecast, Indonesia
Market Share Analysis, Indonesia
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Indonesia
Charging Infrastructure, Indonesia
Car Sharing (Shared Mobility), Indonesia
eHailing (Shared Mobility), Indonesia
Connected Vehicles, Indonesia
Key Market Trends in Indonesia, 2022
Key Growth Metrics, Malaysia
Total Industry Volume (TIV) and Forecast, Malaysia
Market Share Analysis, Malaysia
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Malaysia
Charging Infrastructure, Malaysia
Car Sharing (Shared Mobility), Malaysia
eHailing (Shared Mobility), Malaysia
Connected Vehicles, Malaysia
Key Market Trends in Malaysia, 2022
Key Growth Metrics, Philippines
Total Industry Volume (TIV) and Forecast, Philippines
Market Share Analysis, Philippines
Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market, Philippines
Charging Infrastructure, Philippines
Car Sharing (Shared Mobility), Philippines
eHailing (Shared Mobility), Philippines
Connected Vehicles, Philippines
Key Market Trends in Philippines, 2022
Key Growth Metrics, Thailand
Total Industry Volume (TIV) and Forecast, Thailand
Market Share Analysis, Thailand
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Thailand
Charging Infrastructure, Thailand
Car Sharing (Shared Mobility), Thailand
eHailing (Shared Mobility), Thailand
Connected Vehicles, Thailand
Key Market Trends in Thailand, 2022
Key Growth Metrics, Vietnam
Total Industry Volume (TIV) and Forecast, Vietnam
Market Share Analysis, Vietnam
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Vietnam
Charging Infrastructure, Vietnam
Car Sharing (Shared Mobility), Vietnam
eHailing (Shared Mobility), Vietnam
Connected Vehicles, Vietnam
Key Market Trends in Vietnam, 2022
Growth Opportunity 1—Continuous Development for Higher Sales of Passenger Vehicles and Pickups to Meet the Growing Demand
Growth Opportunity 1—Continuous Development for Higher Sales of Passenger Vehicles and Pickups to Meet the Growing Demand (continued)
Growth Opportunity 2—Domestic Production for Greater Sales Advantage of HEVs and EVs to Stimulate Powertrain Transformation Development
Growth Opportunity 2—Domestic Production for Greater Sales Advantage of HEVs and EVs to Stimulate Powertrain Transformation Development (continued)
Growth Opportunity 3—Smart Mobility for Vehicle Connectivity
Growth Opportunity 3—Smart Mobility for Vehicle Connectivity (continued)
Key Conclusions, 2021
Key Conclusions and Future Outlook, 2021 and 2022
Table of Acronyms Used
Table of Acronyms Used (continued)
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- Automotive Industry: Geographical Structure, ASEAN, 2021
- Automotive Industry: Key Macroeconomic Indicators, ASEAN, 2021
- Automotive Industry: Historic Sales, ASEAN, 2018–2021
- GDP Growth, Advanced, and Emerging and Developing Economies, Global, 2017–2022
- GDP Growth Scenario Analysis, Global, Q1 2019–Q4 2022
- Assumptions for Growth Scenarios, Global, 2022
- GDP Growth Rate, Select Economies, 2020–2022
- Macroeconomic Predictions and Scenario Outcomes, Global, 2022
- Regional Risks and Policy Direction, Global, 2022
- Automotive Industry: Key Growth Metrics, Indonesia, 2021
- Automotive Industry: TIV and Forecast, Indonesia, 2018–2022F
- Automotive Industry: TIV by Segment, Indonesia, 2021
- Automotive Industry: TIV by OEMs, Indonesia, 2021
- Automotive Industry: Top-selling Vehicle Models, Indonesia, 2021
- Automotive Industry: TIV of HEVs and EVs, Indonesia, 2018–2022F
- Automotive Industry: Top-selling HEV and EV Models, Indonesia, 2021
- Automotive Industry: TIV of HEVs and EVs by OEMs, Indonesia, 2021
- Automotive Industry: EV Charging Stations in Operation, Indonesia, 2018–2022F
- Automotive Industry: Operational EV Charging Stations by Operators, Indonesia, 2021
- Automotive Industry: TIV of Car Sharing, Indonesia, 2018–2022F
- Automotive Industry: Car-sharing Fleets by Powertrain, Indonesia, 2021
- Automotive Industry: TIV of eHailing, Indonesia, 2018–2022F
- Automotive Industry: eHailing Fleets by Powertrain, Indonesia, 2021
- Automotive Industry: eHailing Fleets by Service Offerings, Indonesia, 2021
- Automotive Industry: Proportion of Connected Vehicles, Indonesia, 2021
- Automotive Industry: Connected Vehicles by OEMs, Indonesia, 2021
- Automotive Industry: Key Growth Metrics, Malaysia, 2021
- Automotive Industry: TIV and Forecast, Malaysia, 2018–2022F
- Automotive Industry: TIV by Segment, Malaysia, 2021
- Automotive Industry: Top-selling Vehicle Models, Malaysia, 2021
- Automotive Industry: TIV by OEMs, Malaysia, 2021
- Automotive Industry: TIV of HEVs and EVs, Malaysia, 2018–2022F
- Automotive Industry: TIV of HEVs and EVs by OEMs, Malaysia, 2021
- Automotive Industry: Top-selling HEV and EV Models, Malaysia, 2021
- Automotive Industry: EV Charging Stations in Operation, Malaysia, 2018–2022F
- Automotive Industry: Operational EV Charging Stations by Operators, Malaysia, 2021
- Automotive Industry: TIV of Car Sharing, Malaysia, 2018–2022F
- Automotive Industry: Car-sharing Fleets by Powertrain, Malaysia, 2021
- Automotive Industry: TIV of eHailing, Malaysia, 2018–2022F
- Automotive Industry: eHailing Fleets by Powertrain, Malaysia, 2021
- Automotive Industry: eHailing Fleets by Service Offerings, Malaysia, 2021
- Automotive Industry: Proportion of Connected Vehicles, Malaysia, 2021
- Automotive Industry: Connected Vehicles by OEMs, Malaysia, 2021
- Automotive Industry: Key Growth Metrics, Philippines, 2021
- Automotive Industry: TIV and Forecast, Philippines, 2018–2022F
- Automotive Industry: TIV by Segment, Philippines, 2021
- Automotive Industry: Top-selling Vehicle Models, Philippines, 2021
- Automotive Industry: TIV by OEMs, Philippines, 2021
- Automotive Industry: TIV of HEVs and EVs, Philippines, 2018–2022F
- Automotive Industry: TIV of HEVs and EVs by OEMs, Philippines, 2021
- Automotive Industry: Top-selling HEV and MHEV Models, Philippines, 2021
- Automotive Industry: EV Charging Stations in Operation, Philippines, 2018–2022F
- Automotive Industry: Operational EV Charging Stations by Operators, Philippines, 2021
- Automotive Industry: TIV of Car Sharing, Philippines, 2018–2022F
- Automotive Industry: TIV of eHailing, Philippines, 2018–2022F
- Automotive Industry: eHailing Fleets by Powertrain, Philippines, 2021
- Automotive Industry: eHailing Fleets by Service Offerings, Philippines, 2021
- Automotive Industry: Proportion of Connected Vehicles, Philippines, 2021
- Automotive Industry: Connected Vehicles by OEMs, Philippines, 2021
- Automotive Industry: Key Growth Metrics, Thailand, 2021
- Automotive Industry: TIV and Forecast, Thailand, 2018–2022F
- Automotive Industry: TIV by Segment, Thailand, 2021
- Automotive Industry: Top-selling Vehicle Models, Thailand, 2021
- Automotive Industry: TIV by OEMs, Thailand, 2021
- Automotive Industry: TIV of HEVs and EVs, Thailand, 2018–2022F
- Automotive Industry: TIV of HEVs and EVs by OEMs, Thailand, 2021
- Automotive Industry: Top-selling HEV and EV Models, Thailand, 2021
- Automotive Industry: EV Charging Stations in Operation, Thailand, 2018–2022F
- Automotive Industry: Operational EV Charging Stations by Operators, Thailand, 2021
- Automotive Industry: TIV of Car Sharing, Thailand, 2018–2022F
- Automotive Industry: Car-sharing Fleets by Powertrain, Thailand, 2021
- Automotive Industry: TIV of eHailing, Thailand, 2018–2022F
- Automotive Industry: eHailing Fleets by Powertrain, Thailand, 2021
- Automotive Industry: eHailing Fleets by Service Offerings, Thailand, 2021
- Automotive Industry: Proportion of Connected Vehicles, Thailand, 2021
- Automotive Industry: Connected Vehicles by OEMs, Thailand, 2021
- Automotive Industry: Key Growth Metrics, Vietnam, 2021
- Automotive Industry: TIV and Forecast, Vietnam, 2018–2022F
- Automotive Industry: TIV by OEMs, Vietnam, 2021
- Automotive Industry: TIV by Segment, Vietnam, 2021
- Automotive Industry: Top-selling Vehicle Models, Vietnam, 2021
- Automotive Industry: TIV of HEVs and EVs, Vietnam, 2018–2022F
- Automotive Industry: TIV of HEVs and EVs by OEMs, Vietnam, 2021
- Automotive Industry: Top-selling HEV and EV Models, Vietnam, 2021
- Automotive Industry: Operational EV Charging Stations by Operators, Vietnam, 2021
- Automotive Industry: EV Charging Stations in Operation, Vietnam, 2018–2022F
- Automotive Industry: TIV of Car Sharing, Vietnam, 2018–2022F
- Automotive Industry: Car-sharing Fleets by Powertrain, Vietnam, 2021
- Automotive Industry: TIV of eHailing, Vietnam, 2018–2022F
- Automotive Industry: eHailing Fleets by Powertrain, Vietnam, 2021
- Automotive Industry: eHailing Fleets by Service Offerings, Vietnam, 2021
- Automotive Industry: Proportion of Connected Vehicles, Vietnam, 2021
- Automotive Industry: Connected Vehicles by OEMs, Vietnam, 2021
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This research service evaluates the Association of Southeast Asian Nations (ASEAN) automotive market, focusing on key countries, including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
This study discusses passenger vehicles and pickup trucks (pickups). Pickups are the most common and popular commercial vehicles used daily in different geographies and industries, including agriculture. These vehicles hold the largest commercial vehicle segment share in the region.
ASEAN has automotive production bases in Indonesia, Malaysia, Thailand, and Vietnam. In addition, growth in GDP, urbanization, and road infrastructure accelerated the sales and adoption of private vehicles.
After the severe drop in TIV in 2020 due to the COVID-19 pandemic, sales in the ASEAN automotive market recovered from 2.5 million units in 2020 to 2.8 million units in 2021, a year-over-year increase of 14.5%. The market share of Indonesia, Thailand, and Malaysia increased from 75.4% in 2020 to 76.3% in 2021. In particular, Indonesia faced the strongest growth in 2021, with a year-over-year increase of 66.8%. In addition, Indonesia overtook Thailand and regained its market dominance in ASEAN, which was lost in 2020.
Frost & Sullivan highlights the total size of the respective automotive market and provides historical and forecast data from 2018 to 2022. It defines key highlights of the ASEAN automotive industry in 2021 and future market trends in 2022.
With global emission reduction and electrification trends, this study discusses the breakdown of hybrid electric vehicles (HEVs) and electric vehicles (EVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). In addition, it analyzes the charging infrastructure, shared mobility with a focus on car sharing and eHailing, and connected vehicles.
Author: Ming Lih Chan
| Deliverable Type | Market Outlook |
|---|---|
| Author | Ming Lih Chan |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Automotive Industry: Geographical Structure, ASEAN, 2021~ Automotive Industry: Key Macroeconomic Indicators, ASEAN, 2021~ Automotive Industry: Historic Sales, ASEAN, 2018–2021~ GDP Growth, Advanced, and Emerging and Developing Economies, Global, 2017–2022~ GDP Growth Scenario Analysis, Global, Q1 2019–Q4 2022~ Assumptions for Growth Scenarios, Global, 2022~ GDP Growth Rate, Select Economies, 2020–2022~ Macroeconomic Predictions and Scenario Outcomes, Global, 2022~ Regional Risks and Policy Direction, Global, 2022~ Automotive Industry: Key Growth Metrics, Indonesia, 2021~ Automotive Industry: TIV and Forecast, Indonesia, 2018–2022F~ Automotive Industry: TIV by Segment, Indonesia, 2021~ Automotive Industry: TIV by OEMs, Indonesia, 2021~ Automotive Industry: Top-selling Vehicle Models, Indonesia, 2021~ Automotive Industry: TIV of HEVs and EVs, Indonesia, 2018–2022F~ Automotive Industry: Top-selling HEV and EV Models, Indonesia, 2021~ Automotive Industry: TIV of HEVs and EVs by OEMs, Indonesia, 2021~ Automotive Industry: EV Charging Stations in Operation, Indonesia, 2018–2022F~ Automotive Industry: Operational EV Charging Stations by Operators, Indonesia, 2021~ Automotive Industry: TIV of Car Sharing, Indonesia, 2018–2022F~ Automotive Industry: Car-sharing Fleets by Powertrain, Indonesia, 2021~ Automotive Industry: TIV of eHailing, Indonesia, 2018–2022F~ Automotive Industry: eHailing Fleets by Powertrain, Indonesia, 2021~ Automotive Industry: eHailing Fleets by Service Offerings, Indonesia, 2021~ Automotive Industry: Proportion of Connected Vehicles, Indonesia, 2021~ Automotive Industry: Connected Vehicles by OEMs, Indonesia, 2021~ Automotive Industry: Key Growth Metrics, Malaysia, 2021~ Automotive Industry: TIV and Forecast, Malaysia, 2018–2022F~ Automotive Industry: TIV by Segment, Malaysia, 2021~ Automotive Industry: Top-selling Vehicle Models, Malaysia, 2021~ Automotive Industry: TIV by OEMs, Malaysia, 2021~ Automotive Industry: TIV of HEVs and EVs, Malaysia, 2018–2022F~ Automotive Industry: TIV of HEVs and EVs by OEMs, Malaysia, 2021~ Automotive Industry: Top-selling HEV and EV Models, Malaysia, 2021~ Automotive Industry: EV Charging Stations in Operation, Malaysia, 2018–2022F~ Automotive Industry: Operational EV Charging Stations by Operators, Malaysia, 2021~ Automotive Industry: TIV of Car Sharing, Malaysia, 2018–2022F~ Automotive Industry: Car-sharing Fleets by Powertrain, Malaysia, 2021~ Automotive Industry: TIV of eHailing, Malaysia, 2018–2022F~ Automotive Industry: eHailing Fleets by Powertrain, Malaysia, 2021~ Automotive Industry: eHailing Fleets by Service Offerings, Malaysia, 2021~ Automotive Industry: Proportion of Connected Vehicles, Malaysia, 2021~ Automotive Industry: Connected Vehicles by OEMs, Malaysia, 2021~ Automotive Industry: Key Growth Metrics, Philippines, 2021~ Automotive Industry: TIV and Forecast, Philippines, 2018–2022F~ Automotive Industry: TIV by Segment, Philippines, 2021~ Automotive Industry: Top-selling Vehicle Models, Philippines, 2021~ Automotive Industry: TIV by OEMs, Philippines, 2021~ Automotive Industry: TIV of HEVs and EVs, Philippines, 2018–2022F~ Automotive Industry: TIV of HEVs and EVs by OEMs, Philippines, 2021~ Automotive Industry: Top-selling HEV and MHEV Models, Philippines, 2021~ Automotive Industry: EV Charging Stations in Operation, Philippines, 2018–2022F~ Automotive Industry: Operational EV Charging Stations by Operators, Philippines, 2021~ Automotive Industry: TIV of Car Sharing, Philippines, 2018–2022F~ Automotive Industry: TIV of eHailing, Philippines, 2018–2022F~ Automotive Industry: eHailing Fleets by Powertrain, Philippines, 2021~ Automotive Industry: eHailing Fleets by Service Offerings, Philippines, 2021~ Automotive Industry: Proportion of Connected Vehicles, Philippines, 2021~ Automotive Industry: Connected Vehicles by OEMs, Philippines, 2021~ Automotive Industry: Key Growth Metrics, Thailand, 2021~ Automotive Industry: TIV and Forecast, Thailand, 2018–2022F~ Automotive Industry: TIV by Segment, Thailand, 2021~ Automotive Industry: Top-selling Vehicle Models, Thailand, 2021~ Automotive Industry: TIV by OEMs, Thailand, 2021~ Automotive Industry: TIV of HEVs and EVs, Thailand, 2018–2022F~ Automotive Industry: TIV of HEVs and EVs by OEMs, Thailand, 2021~ Automotive Industry: Top-selling HEV and EV Models, Thailand, 2021~ Automotive Industry: EV Charging Stations in Operation, Thailand, 2018–2022F~ Automotive Industry: Operational EV Charging Stations by Operators, Thailand, 2021~ Automotive Industry: TIV of Car Sharing, Thailand, 2018–2022F~ Automotive Industry: Car-sharing Fleets by Powertrain, Thailand, 2021~ Automotive Industry: TIV of eHailing, Thailand, 2018–2022F~ Automotive Industry: eHailing Fleets by Powertrain, Thailand, 2021~ Automotive Industry: eHailing Fleets by Service Offerings, Thailand, 2021~ Automotive Industry: Proportion of Connected Vehicles, Thailand, 2021~ Automotive Industry: Connected Vehicles by OEMs, Thailand, 2021~ Automotive Industry: Key Growth Metrics, Vietnam, 2021~ Automotive Industry: TIV and Forecast, Vietnam, 2018–2022F~ Automotive Industry: TIV by OEMs, Vietnam, 2021~ Automotive Industry: TIV by Segment, Vietnam, 2021~ Automotive Industry: Top-selling Vehicle Models, Vietnam, 2021~ Automotive Industry: TIV of HEVs and EVs, Vietnam, 2018–2022F~ Automotive Industry: TIV of HEVs and EVs by OEMs, Vietnam, 2021~ Automotive Industry: Top-selling HEV and EV Models, Vietnam, 2021~ Automotive Industry: Operational EV Charging Stations by Operators, Vietnam, 2021~ Automotive Industry: EV Charging Stations in Operation, Vietnam, 2018–2022F~ Automotive Industry: TIV of Car Sharing, Vietnam, 2018–2022F~ Automotive Industry: Car-sharing Fleets by Powertrain, Vietnam, 2021~ Automotive Industry: TIV of eHailing, Vietnam, 2018–2022F~ Automotive Industry: eHailing Fleets by Powertrain, Vietnam, 2021~ Automotive Industry: eHailing Fleets by Service Offerings, Vietnam, 2021~ Automotive Industry: Proportion of Connected Vehicles, Vietnam, 2021~ Automotive Industry: Connected Vehicles by OEMs, Vietnam, 2021~ |
| Podcast | No |
| WIP Number | PCE2-01-00-00-00 |