The market size for motorcycles with spark ignition engines of 50-250 cc in Malaysia was valued at USD 128.69 million in 2023. The market has experienced a fluctuating trend over the years, peaking at USD 232.16 million in 2014 before declining to current levels. Key year-on-year variations include significant declines in 2015, 2016, 2017, 2018, and a noticeable drop in 2020. The recent two years saw modest growth in 2021 and 2022, with a slight dip in 2023 (-2.77%). The CAGR over the last five years indicates an average annual decline of -1.86%.

Future trends to watch for include:

Potential market stabilization post-2024 with forecasted annual declines averaging -2.55% over the next five years.
A shift in consumer preferences towards more environmentally friendly transportation options and the impacts of regulatory changes.
The influence of technological advancements and economic factors on market dynamics.