Product Code: ETC4572687 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The electric scooter market in Malaysia has witnessed significant growth in recent years, driven by a combination of factors including rising urbanization, increasing awareness of environmental issues, and government incentives promoting sustainable transportation solutions. As consumers become more environmentally conscious and seek cost-effective commuting options, electric scooters have emerged as a popular choice. The market is characterized by a diverse range of offerings from both domestic and international manufacturers, with a focus on compact, efficient, and eco-friendly designs. Government initiatives and policies aimed at reducing carbon emissions have played a pivotal role in shaping the market landscape, with subsidies and tax incentives encouraging adoption. Moreover, the availability of charging infrastructure and improvements in battery technology have addressed initial concerns about range limitations, further boosting consumer confidence in electric scooters.
The electric scooter market in Malaysia is being driven by the increasing need for convenient and eco-friendly urban mobility solutions. With concerns over traffic congestion and environmental issues, consumers and authorities are favoring electric scooters as a practical and sustainable mode of transportation. Government initiatives to reduce pollution and promote clean energy have contributed to the growth of the electric scooter market. Additionally, the proliferation of ride-sharing and rental services for electric scooters is expanding the consumer base. As urbanization continues, electric scooters offer an efficient and cost-effective means of navigating congested cities, further fueling market growth.
The Malaysia Electric Scooter market is growing as urban mobility evolves. However, challenges include integrating electric scooters into existing infrastructure and ensuring their safe use. Addressing concerns about traffic regulations, parking, and pedestrian safety is essential. Moreover, balancing the convenience of electric scooters with environmental and public safety considerations remains a complex challenge.
The Malaysia electric scooter market has witnessed significant growth in recent years, driven by a combination of factors such as increasing environmental consciousness, urban congestion, and a surge in demand for convenient and cost-effective transportation solutions. However, the COVID-19 pandemic had a notable impact on this market. The nationwide lockdowns and restrictions on movement resulted in a temporary decline in sales and production of electric scooters. Consumers` purchasing power was affected, leading to a decrease in discretionary spending on non-essential items like electric scooters. Additionally, supply chain disruptions and limitations on international trade hampered the availability of key components and raw materials, further contributing to the slowdown. As the country gradually recovers from the pandemic and economic activities resume, the electric scooter market is expected to regain momentum, driven by a growing emphasis on sustainable mobility solutions.
The Malaysia Electric Scooter Market is experiencing a surge in demand as consumers seek more eco-friendly and convenient transportation options. Major players in this market include international brands like Segway Inc., Xiaomi Corporation, and Ninebot Ltd., known for their innovative electric scooters with features like long battery life, smart connectivity, and enhanced safety features. Additionally, local players like Treeletrik Sdn Bhd and Eclimo Sdn Bhd are making strides by offering electric scooters specifically designed for the Malaysia market, taking into consideration local preferences and regulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Electric Scooter Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Electric Scooter Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Electric Scooter Market - Industry Life Cycle |
3.4 Malaysia Electric Scooter Market - Porter's Five Forces |
3.5 Malaysia Electric Scooter Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.6 Malaysia Electric Scooter Market Revenues & Volume Share, By Battery, 2021 & 2031F |
3.7 Malaysia Electric Scooter Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
4 Malaysia Electric Scooter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Electric Scooter Market Trends |
6 Malaysia Electric Scooter Market, By Types |
6.1 Malaysia Electric Scooter Market, By Vehicle |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Electric Scooter Market Revenues & Volume, By Vehicle, 2021-2031F |
6.1.3 Malaysia Electric Scooter Market Revenues & Volume, By E-Scooters/Mopeds & E-Motorcycles, 2021-2031F |
6.1.4 Malaysia Electric Scooter Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.2 Malaysia Electric Scooter Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Electric Scooter Market Revenues & Volume, By Lead Acid & Li-Ion, 2021-2031F |
6.3 Malaysia Electric Scooter Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Electric Scooter Market Revenues & Volume, By 36V, 2021-2031F |
6.3.3 Malaysia Electric Scooter Market Revenues & Volume, By 48V, 2021-2031F |
6.3.4 Malaysia Electric Scooter Market Revenues & Volume, By 60V, 2021-2031F |
6.3.5 Malaysia Electric Scooter Market Revenues & Volume, By 72V, 2021-2031F |
6.3.6 Malaysia Electric Scooter Market Revenues & Volume, By Above 72V, 2021-2031F |
7 Malaysia Electric Scooter Market Import-Export Trade Statistics |
7.1 Malaysia Electric Scooter Market Export to Major Countries |
7.2 Malaysia Electric Scooter Market Imports from Major Countries |
8 Malaysia Electric Scooter Market Key Performance Indicators |
9 Malaysia Electric Scooter Market - Opportunity Assessment |
9.1 Malaysia Electric Scooter Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.2 Malaysia Electric Scooter Market Opportunity Assessment, By Battery, 2021 & 2031F |
9.3 Malaysia Electric Scooter Market Opportunity Assessment, By Voltage, 2021 & 2031F |
10 Malaysia Electric Scooter Market - Competitive Landscape |
10.1 Malaysia Electric Scooter Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Electric Scooter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |