Motorcycles - Malaysia

  • Malaysia
  • Revenue in the Motorcycles market in Malaysia is projected to reach MYR US$3.68bn in 2025.
  • The market is expected to show an annual growth rate (CAGR 2025-2029) of 2.61%, resulting in a projected market volume of MYR US$4.08bn by 2029.
  • The largest segment in the market is On-road Motorcycles with a projected market volume of MYR US$3.13bn in 2025.
  • Unit sales of Motorcycles market in Malaysia are expected to reach 669.60k motorcyles in 2029.
  • The volume weighted average price of Motorcycles market in Malaysia in 2025 is expected to be MYR US$5.99k.
  • With a motorcycle unit sales share of 0.0% in 2025, Honda Motorcycles is expected to have the highest market share in Malaysia.
  • The value market share of Honda Motorcycles in Malaysia is expected to be 0.0% in 2025.
  • From an international perspective, it is shown that the most revenue will be generated India (INR US$33,470.00m in 2025).
  • Motorcycle sales in Malaysia have surged due to the country's growing middle class and increasing urbanization.

Key regions: Thailand, Italy, Indonesia, Spain, Germany

Market
Make
Region
Region comparison
Currency

Unit Sales

Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

in percent

2024
Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

in percent

2023
Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

Mobility

Access more Market Insights on mobility topics with our featured report

This report presents a comprehensive analysis and additional information on the Motorcycles market, in a PDF format.
Motorcycles: market data & analysis - Background Motorcycles: market data & analysis - Cover

Analyst Opinion

The Motorcycles market in Malaysia has seen significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.

Customer preferences:
In Malaysia, there is a growing preference for motorcycles as a mode of transportation due to their affordability, fuel efficiency, and convenience in navigating through traffic congestion. Motorcycles are particularly popular among younger consumers and those living in urban areas, where they offer a cost-effective alternative to cars. Additionally, motorcycles are often seen as a symbol of freedom and individuality, appealing to a wide range of consumers.

Trends in the market:
One of the key trends in the Malaysian motorcycles market is the increasing demand for electric motorcycles. With the government's focus on promoting sustainable transportation and reducing carbon emissions, electric motorcycles have gained popularity among environmentally conscious consumers. This trend is further supported by the availability of government incentives and subsidies for electric vehicles, making them more affordable and accessible to the general public. Another trend in the market is the rise of online platforms for motorcycle sales. E-commerce platforms and mobile applications have made it easier for consumers to browse and purchase motorcycles from the comfort of their homes. This shift towards online sales has not only expanded the reach of motorcycle sellers but has also provided consumers with a greater variety of options and competitive pricing.

Local special circumstances:
Malaysia's unique geography and climate also play a role in shaping the motorcycles market. The country's diverse terrain, ranging from urban areas to rural landscapes and mountainous regions, creates a demand for motorcycles that can navigate different types of roads and offer versatility in transportation. Additionally, Malaysia's tropical climate with year-round warm weather makes motorcycles an attractive choice for commuting and leisure activities.

Underlying macroeconomic factors:
The growth of the motorcycles market in Malaysia is also influenced by underlying macroeconomic factors. The country's stable economic growth, rising disposable incomes, and increasing urbanization have contributed to the growing demand for motorcycles. As more people move to urban areas and face challenges related to traffic congestion and limited parking spaces, motorcycles provide a practical solution for transportation needs. Furthermore, the government's efforts to improve infrastructure, such as the development of new highways and road networks, have made motorcycle travel more convenient and accessible. These infrastructure investments have not only facilitated the growth of the motorcycles market but have also contributed to the overall economic development of the country. In conclusion, the motorcycles market in Malaysia is experiencing growth due to changing customer preferences, emerging trends such as the demand for electric motorcycles and online sales, local special circumstances like the country's geography and climate, and underlying macroeconomic factors including stable economic growth and infrastructure development. As these factors continue to shape the market, the motorcycles industry in Malaysia is expected to see further expansion in the coming years.

Revenue

Please wait

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Oct 2024

Source: Statista Market Insights

in percent

2024
Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

Price

Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

Global Comparison

Please wait

Most recent update: Oct 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.

Additional Notes:

The market is updated once a year.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

Please wait

Source: Please wait

Explore more high-quality data on related topic

Discover additional markets

Explore new markets and gain valuable insights into various topics with our Market Insights search function.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)