Product Code: ETC4570047 | 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 Malaysia highway driving assist market is witnessing significant development, driven by advancements in advanced driver-assistance systems (ADAS). These systems are designed to provide drivers with increased safety and comfort during highway driving, including features such as lane-keeping assistance, adaptive cruise control, and traffic jam assist. The market is responding to the demand for solutions that reduce driver fatigue and improve highway safety. Regulatory support for ADAS and the desire for more sophisticated and convenient driving experiences are expected to fuel the growth of highway driving assist systems in Malaysia.
The Malaysia highway driving assist market is growing rapidly due to the increasing focus on road safety and reducing accidents on highways. Highway driving assist systems, such as adaptive cruise control and lane-keeping assist, enhance driver safety by assisting with tasks like maintaining speed and lane position. The government`s emphasis on smart transportation systems, along with growing awareness of the benefits of such technologies, has boosted market demand.
The Malaysia highway driving assist market is advancing, but it faces several challenges. One prominent challenge is infrastructure readiness. For driving assist systems to work effectively, roads and highways must be equipped with the necessary sensors, markings, and communication infrastructure. This requires significant investment and coordination between public and private sectors. Another challenge is regulatory hurdles and safety concerns. The development and deployment of advanced driving assist systems demand a clear legal framework, and safety standards must be meticulously defined to prevent accidents and liability issues. The high cost of these systems also poses a challenge for market penetration, as affordability remains a significant barrier for many potential users.
The COVID-19 pandemic had a notable impact on the highway driving assist market in Malaysia. As travel restrictions and lockdown measures were enforced, the demand for such advanced driver assistance systems experienced a temporary dip. Manufacturing and production were also affected, leading to delays in product availability. However, with an increased focus on road safety and the gradual easing of restrictions, the market for highway driving assist systems is expected to rebound.
Leading Players in Malaysia highway driving assist market include Bosch, Autoliv, and Valeo. They contribute to the development of advanced driver-assistance systems for safer highway driving.
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 Highway Driving Assist Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Highway Driving Assist Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Highway Driving Assist Market - Industry Life Cycle |
3.4 Malaysia Highway Driving Assist Market - Porter's Five Forces |
3.5 Malaysia Highway Driving Assist Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Malaysia Highway Driving Assist Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Malaysia Highway Driving Assist Market Revenues & Volume Share, By Autonomous Level, 2021 & 2031F |
4 Malaysia Highway Driving Assist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Highway Driving Assist Market Trends |
6 Malaysia Highway Driving Assist Market, By Types |
6.1 Malaysia Highway Driving Assist Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Highway Driving Assist Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Malaysia Highway Driving Assist Market Revenues & Volume, By PC, 2021-2031F |
6.1.4 Malaysia Highway Driving Assist Market Revenues & Volume, By BEV, 2021-2031F |
6.1.5 Malaysia Highway Driving Assist Market Revenues & Volume, By HEV, 2021-2031F |
6.1.6 Malaysia Highway Driving Assist Market Revenues & Volume, By PHEV, 2021-2031F |
6.1.7 Malaysia Highway Driving Assist Market Revenues & Volume, By FCEV, 2021-2031F |
6.2 Malaysia Highway Driving Assist Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Highway Driving Assist Market Revenues & Volume, By Radar, 2021-2031F |
6.2.3 Malaysia Highway Driving Assist Market Revenues & Volume, By Camera, 2021-2031F |
6.2.4 Malaysia Highway Driving Assist Market Revenues & Volume, By Ultrasonic Sensor, 2021-2031F |
6.2.5 Malaysia Highway Driving Assist Market Revenues & Volume, By Software Module, 2021-2031F |
6.3 Malaysia Highway Driving Assist Market, By Autonomous Level |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Highway Driving Assist Market Revenues & Volume, By Level 2, 2021-2031F |
6.3.3 Malaysia Highway Driving Assist Market Revenues & Volume, By Level 3 & Above, 2021-2031F |
7 Malaysia Highway Driving Assist Market Import-Export Trade Statistics |
7.1 Malaysia Highway Driving Assist Market Export to Major Countries |
7.2 Malaysia Highway Driving Assist Market Imports from Major Countries |
8 Malaysia Highway Driving Assist Market Key Performance Indicators |
9 Malaysia Highway Driving Assist Market - Opportunity Assessment |
9.1 Malaysia Highway Driving Assist Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Malaysia Highway Driving Assist Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Malaysia Highway Driving Assist Market Opportunity Assessment, By Autonomous Level, 2021 & 2031F |
10 Malaysia Highway Driving Assist Market - Competitive Landscape |
10.1 Malaysia Highway Driving Assist Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Highway Driving Assist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |