Indonesia Car Finance Market by Type (New and Used Passenger and Commercial Cars), by Tenure of Loan, by Banks, Captive and Non Captive Institutions - Outlook to 2021
Indonesia Car Finance Market by Type (New and Used Passenger and Commercial Cars), by Tenure of Loan, by Banks, Captive and Non Captive Institutions - Outlook to 2021
DUBLIN, March 5, 2018 /PRNewswire/ --
The "Indonesia Car Finance Market by Type (New and Used Passenger and Commercial Cars), by Tenure of Loan, by Banks, Captive and Non Captive Institutions - Outlook to 2021" report has been added to ResearchAndMarkets.com's offering.
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The report titled "Indonesia Car Finance Market by Type (New and Used Passenger and Commercial Cars), by Tenure of Loan, by Banks, Captive and Non Captive Institutions - Outlook to 2021" provides a comprehensive analysis of the car finance market in Indonesia. The report covers aspects such as the market size of the Indonesia Car Finance market segmentation on the basis of type of car financed, tenure of loan and type of financial institution. The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis of the Indonesia Car Finance Market. In addition to this, the report also covers company profiles and product portfolio of major players. This report will help industry consultants, car finance providers, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Indonesia car finance market is in the growing stage. It is dominated by the unorganized players as they offer simpler documentation and convenient car finance options. The market has witness increasing use of technology such as simulation tools, online application and payment methods and others.
The major growth drivers include expanding urban population, growth in new and used car sales, lowering lending rates and customizing loan schemes. The market has witnessed stringent government regulations in terms of adhering to the minimum capital requirements, revision of down payments requirements and submitting financial report. Multi finance companies today offer convenient facilities in terms of online presence which has reduced documentation, digital installment payment system and simpler procedure. This is the reason why consumers prefer to deal with multi finance companies rather than commercial banks.
The industry is fragmented and each company caters to its own niche by specializing in several categories such as product financed (4W, 2W, HE) and geographical reach. These companies majorly compete on improving services, expanding distribution network and enhancing customer relationship. The car finance market is dominated by multi finance companies as they offer car loan services to middle class people who form the largest proportion of customers availing car finance. Banks dominate the new car finance market as they are highly regulated and present a reliable source for availing car loans. The major players in the industry are Bank Central Asia (BCA), Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), CIMB and Bank Danamon Indonesia.
Key Topics Covered in the Report:
-- Indonesia Car Finance Market Overview
-- Value Chain
-- Indonesia Car Finance Market Size by Value, 2011-2016
-- Indonesia Car Finance Market Segmentation on the basis of type of car
financed, tenure of loan and type of financial institution
-- Trends, Developments, Growth Drivers, Restraints and Government
Regulation in Indonesia Car Finance Market
-- Decision Making Parameters for Vendor Selection in Indonesia Car Finance
Market List of Players with Overview in Indonesia Car Finance Market
-- Company Profile of Major Players in Indonesia Car Finance Market
-- Indonesia Car Finance Market Future outlook and Projections
-- Analyst Recommendation
Companies Mentioned
-- Adira Dinamika Multi Finance
-- Adira Finance
-- Astra Sedaya Finance
-- AturDuit
-- BCA Bank
-- BCA Finance
-- Bank CIMB Niaga
-- Bank Central Asia (BCA)
-- Bank Danamon Indonesia
-- Bank Mandiri
-- Bank Negara Indonesia (BNI)
-- Bank Rakyat Indonesia (BRI)
-- CIMB
-- Cekaja
-- Cermati
-- Dipo Star Finance
-- Mandiri Tunas Finance
-- Oto Multiartha
-- Toyota Astra Financial Services
For more information about this report visit https://www.researchandmarkets.com/research/rvtvgg/indonesia_car?w=5
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