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New Cars in Malaysia

Publisher MarketLine
Published Sep 04, 2025
Length 43 Pages
SKU # MTLN20645634

Description

New Cars in Malaysia

Summary

New Cars in Malaysia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The Malaysian new cars market recorded revenues of $19.6 billion in 2024, representing a compound annual growth rate (CAGR) of 6.2% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 6.7% between 2019 and 2024, reaching a total of 756,961.0 units in 2024.
  • In 2024, the volume of the Malaysian new cars market grew by 4.7% annually, fueled by increased real GDP growth. According to the World Bank, in 2024, the real GDP growth in Malaysia grew by 5.1% annually. This economic development has positively influenced consumer purchasing power and the demand for new cars.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Malaysia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Malaysia
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Malaysia new cars market with five year forecasts
Reasons to Buy
  • What was the size of the Malaysia new cars market by value in 2024?
  • What will be the size of the Malaysia new cars market in 2029?
  • What factors are affecting the strength of competition in the Malaysia new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Malaysia's new cars market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of leading players in the market?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. Honda Motor Co Ltd
8.2. Perusahaan Otomobil Kedua Sdn Bhd
8.3. Toyota Motor Corp
8.4. DRB-HICOM Bhd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Malaysia new cars market value: $ billion, 2019-24
Table 2: Malaysia new cars market volume: units, 2019-24
Table 3: Malaysia new cars market geography segmentation: $ billion, 2024
Table 4: Malaysia new cars market value forecast: $ billion, 2024-29
Table 5: Malaysia new cars market volume forecast: units, 2024-29
Table 6: Malaysia new cars market share: % share, by volume, 2024
Table 7: Honda Motor Co Ltd: Key Facts
Table 8: Honda Motor Co Ltd: Annual Financial Ratios
Table 9: Honda Motor Co Ltd: Key Employees
Table 10: Perusahaan Otomobil Kedua Sdn Bhd: Key Facts
Table 11: Perusahaan Otomobil Kedua Sdn Bhd: Key Employees
Table 12: Toyota Motor Corp: Key Facts
Table 13: Toyota Motor Corp: Annual Financial Ratios
Table 14: Toyota Motor Corp: Key Employees
Table 15: DRB-HICOM Bhd: Key Facts
Table 16: DRB-HICOM Bhd: Annual Financial Ratios
Table 17: DRB-HICOM Bhd: Key Employees
Table 18: Malaysia Size of Population (Million), 2020-24
Table 19: Malaysia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Malaysia GDP (Current Prices, $ Billion), 2020-24
Table 21: Malaysia Inflation, 2020-24
Table 22: Malaysia Consumer Price Index (Absolute), 2020-24
Table 23: Malaysia Exchange Rate, 2019-24
List of Figures
Figure 1: Malaysia new cars market value: $ billion, 2019-24
Figure 2: Malaysia new cars market volume: units, 2019-24
Figure 3: Malaysia new cars market geography segmentation: % share, by value, 2024
Figure 4: Malaysia new cars market value forecast: $ billion, 2024-29
Figure 5: Malaysia new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Malaysia, 2024
Figure 7: Drivers of buyer power in the new cars market in Malaysia, 2024
Figure 8: Drivers of supplier power in the new cars market in Malaysia, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Malaysia, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Malaysia, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Malaysia, 2024
Figure 12: Malaysia new cars market share: % share, by volume, 2024

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