The market for motorcycles with spark ignition engines of 50-250 cc in Malaysia showed significant fluctuations over the past decade. Starting from 2012, where the market size stood at $176.79 million, it experienced growth until 2014, peaking at $232.16 million. However, a declining trend followed, reaching a low of $116.14 million in 2020. The subsequent years saw mild recovery to $132.36 million by 2022. The CAGR for the last five years shows a general decline of -2.98%, indicating an overall shrinkage in the market size. The last two years showed year-on-year growth of 11.33% in 2021 and 2.37% in 2022, suggesting a potential for stabilization.
The following trends are important to watch for in the future:
- Technological advancements and their impact on the market, such as the introduction of electric motorcycles.
- Changing consumer preferences and economic conditions in Malaysia.
- Government policies and regulations regarding emissions and fuel economy.
- Competition from other modes of transportation and international manufacturers.
How does Malaysia rank in Motorcycles (With Spark Ignition Engine of 50-250 Cc) Market Size Value?
| # | 20 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 11,523,000,000 | 2023 | +3.54% | +2.73% | View data |
| 2 | 2 United States | 2,617,400,000 | 2023 | +1.78% | +1.81% | View data |
| 3 | 3 Japan | 2,018,600,000 | 2023 | -1.48% | -2.56% | View data |
| 4 | 4 Pakistan | 779,290,000 | 2023 | +2.16% | +2.33% | View data |
| 5 | 5 Italy | 771,290,000 | 2023 | -2.97% | -3.04% | View data |
| 10 | 10 Austria | 159,080,000 | 2023 | +0.62% | +2.49% | View data |
| 11 | 11 Canada | 150,230,000 | 2023 | -0.29% | -0.14% | View data |
| 12 | 12 Malaysia | 128,690,000 | 2023 | -2.77% | -1.86% | |
| 13 | 13 Lebanon | 113,600,000 | 2023 | +3.85% | +4.08% | View data |
| 14 | 14 Switzerland | 110,670,000 | 2023 | +0.36% | +0.1% | View data |
