Key Market Indicators
Malaysia is expected to have 519,440 vehicles registered by 2026. This is a 0.7% decrease from the figure recorded in 2021 (519,500). Since 2010, there has been a 2.2% annual decrease. In terms of production, the numbers are looking more optimistic. In 2021, Malaysia had 537,550 vehicles produced, good enough for 22nd place. South Africa overtook Malaysia in this ranking. Japan, India and the United States were placed second, third and fourth, respectively. By 2026, production is expected to reach 556,170 units, with a 0.3% annual increase since 2002.
Malaysia Motor Vehicle Market Data and Forecasts
What is the size of the Malaysian Motor Vehicle Market in 2022?
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