Malaysia Two-Wheeler Market to Grow with a CAGR of 3.5% through 2030
Rising urban population density, increasing demand for affordable
transportation, and growing preference for fuel-efficient and electric mobility
solutions are the factors driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Malaysia Two-Wheeler
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Malaysia Two-Wheeler Market was valued at USD 736.31 Million in 2024 and is
expected to reach USD 905.11 Million by 2030 with a CAGR of 3.50% during the
forecast period.
Malaysia’s two-wheeler market is adapting to evolving mobility demands
shaped by economic pressures and urbanization. With rising transportation
costs, many users are turning to motorcycles and scooters for their
convenience, efficiency, and lower ownership expenses. These vehicles help
users navigate heavy traffic, reduce fuel consumption, and manage
short-distance travel with ease. Their practical benefits have positioned them
as essential tools in both dense city environments and suburban areas.
As environmental concerns gain traction, electric two-wheelers are
entering the mainstream with advanced features that enhance usability and
cost-efficiency. Better range, intuitive user interfaces, and lightweight
designs are helping bridge the gap between traditional models and sustainable
alternatives. Service providers are exploring electric fleets for delivery and
shared mobility applications, supporting cleaner transportation methods.
Flexible access models and digital integration are also changing how users
engage with two-wheeler ownership and rentals.
Some challenges continue to impact market scalability. Inadequate
charging coverage in certain areas slows electric model adoption, while initial
purchase costs remain a barrier for budget-conscious buyers. Maintenance
awareness and service quality vary across regions, limiting long-term
reliability for advanced vehicles. Market progress will depend on expanding
ecosystem support and overcoming user hesitation to adopt newer mobility
formats.
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in-depth TOC on "Malaysia Two-Wheeler Market"
Malaysia Two-Wheeler Market Is Segmented
by Vehicle Type, Propulsion, End Use, and By Region.
In Malaysia, two-wheelers are widely used for
personal and commercial purposes, adapting to different lifestyles and business
needs. On the personal front, users rely on motorcycles and scooters for
commuting to work, school, and everyday activities. Their affordability, low
fuel consumption, and ability to maneuver through traffic make them suitable
for navigating congested roads. Electric models are gaining interest among
environmentally conscious individuals, offering a quiet, clean, and efficient
ride for short urban trips. Digital integration in the form of
smartphone-connected displays and real-time diagnostics enhances the riding
experience for personal users seeking convenience and control.
Commercial users employ
two-wheelers across sectors such as logistics, food delivery, courier services,
and ride-sharing platforms. These vehicles are essential for minimizing
delivery times and managing operations in urban zones where larger vehicles face
movement restrictions. Businesses often equip commercial two-wheelers with
cargo boxes, GPS systems, and fleet management tools to improve productivity
and reduce downtime. Electric two-wheelers are increasingly being tested for
commercial purposes to lower fuel expenses and align with sustainability
objectives. The commercial segment values durability, ease of servicing, and
the ability to track vehicle performance remotely. Both personal and commercial
uses of two-wheelers are evolving through integration with technology,
supporting diverse transportation demands.
In 2024, the East Coast region of Malaysia is witnessing the fastest growth in the two-wheeler market, driven by increasing demand in rural and semi-urban areas across states such as Kelantan, Terengganu, and Pahang. These areas rely heavily on two-wheelers for daily commuting due to limited access to public transportation and the affordability of motorcycles compared to cars. The rising preference for low-maintenance and fuel-efficient vehicles is further boosting adoption, especially among the lower and middle-income population. Moreover, government efforts to enhance connectivity and improve road infrastructure in the East Coast Economic Region (ECER) are making two-wheeler travel more convenient and appealing. The growing popularity of electric two-wheelers, supported by awareness of fuel cost savings and environmental concerns, is also contributing to the region’s rapid expansion. Local dealerships and manufacturers are increasingly targeting this region, recognizing its untapped market potential and favorable conditions for continued two-wheeler penetration in the coming years.
Major Market Players
Operating in Malaysia Two-Wheeler Market Are:
- Harley-Davidson, Inc.
- Honda Motor Co., Ltd.
- Kawasaki Motors Corp.
- KSR Group
- Modenas
- Piaggio & C. S.p.A.
- Sanyang Motor Co., Ltd.
- Suzuki Malaysia Sdn. Bhd.
- Triumph Motorcycles Malaysia
- Yamaha Motor Co., Ltd.
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“The Malaysia two-wheeler market is driven by
rising urban congestion, affordability concerns, and growing interest in
electric mobility. Motorcycles and scooters serve both personal and commercial
needs, offering efficient and cost-effective transportation for commuting,
delivery, and logistics. Technological advancements, such as smart features and
fleet tracking tools, are enhancing user experience and operational efficiency.
In 2024, the Central Region led market growth due to high population density,
increased mobility demand, and expanding EV infrastructure. Despite challenges
like high EV costs and limited charging networks, the market is expected to
grow steadily from 2026 to 2030, supported by policy and innovation.”, said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
The report titled “Malaysia Two-Wheeler Market –
Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type
(Motorcycle, Scooter/Moped), By Propulsion (ICE, EV), By End Use (Personal,
Commercial), By Region, By Competition, 2020-2030F”, assesses the market's
future growth potential and provides data on market size, trends, and
forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Malaysia Two-Wheeler
Market.
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