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Car Manufacturing in Malaysia

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    Report

  • 47 Pages
  • April 2025
  • Region: Malaysia
  • MarketLine
  • ID: 6093544
Car Manufacturing 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

  • The car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
  • The Malaysian car manufacturing industry recorded revenues of $23.1 billion in 2024, representing a compound annual growth rate (CAGR) of 7.5% between 2019 and 2024.
  • Industry production volume increased with a CAGR of 6.6% between 2019 and 2024, reaching a total of 776.1 thousand units in 2024.
  • The Malaysian car manufacturing industry’s production volume grew by 2.4% in 2024, which was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to the publisher, the rental car fleet in Malaysia stood at 93,476 units in 2024, an increase of 13.7% from the previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the car manufacturing market in Malaysia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Malaysia
  • Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Malaysia car manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the Malaysia car manufacturing market by value in 2024?
  • What will be the size of the Malaysia car manufacturing market in 2029?
  • What factors are affecting the strength of competition in the Malaysia car manufacturing market?
  • How has the market performed over the last five years?
  • How large is Malaysia’s car manufacturing market in relation to its regional counterparts?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. 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. Category segmentation
4.2. 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 have been the most recent market developments?
8 Company Profiles
8.1. Toyota Motor Corp
8.2. Proton Holdings Berhad
8.3. UMW Toyota Motor Sdn Bhd
8.4. Honda Motor Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Malaysia car manufacturing industry value: $ billion, 2019-24
Table 2: Malaysia car manufacturing industry volume: thousand units, 2019-24
Table 3: Malaysia car manufacturing industry category segmentation: % share, by volume, 2019-24
Table 4: Malaysia car manufacturing industry category segmentation: thousand units, 2019-24
Table 5: Malaysia car manufacturing industry geography segmentation: $ billion, 2024
Table 6: Malaysia car manufacturing industry value forecast: $ billion, 2024-29
Table 7: Malaysia car manufacturing industry volume forecast: thousand units, 2024-29
Table 8: Malaysia car manufacturing industry share: % share, by volume, 2024
Table 9: Toyota Motor Corp: Key Facts
Table 10: Toyota Motor Corp: Annual Financial Ratios
Table 11: Toyota Motor Corp: Key Employees
Table 12: Toyota Motor Corp: Key Employees Continued
Table 13: Proton Holdings Berhad: Key Facts
Table 14: Proton Holdings Berhad: Key Employees
Table 15: UMW Toyota Motor Sdn Bhd: Key Facts
Table 16: Honda Motor Co Ltd: Key Facts
Table 17: Honda Motor Co Ltd: Annual Financial Ratios
Table 18: Honda Motor Co Ltd: Key Employees
Table 19: Malaysia Size of Population (Million), 2020-24
Table 20: Malaysia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Malaysia GDP (Current Prices, $ Billion), 2020-24
Table 22: Malaysia Inflation, 2020-24
Table 23: Malaysia Consumer Price Index (Absolute), 2020-24
Table 24: Malaysia Exchange Rate, 2019-24
List of Figures
Figure 1: Malaysia car manufacturing industry value: $ billion, 2019-24
Figure 2: Malaysia car manufacturing industry volume: thousand units, 2019-24
Figure 3: Malaysia car manufacturing industry category segmentation: thousand units, 2019-24
Figure 4: Malaysia car manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Malaysia car manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Malaysia car manufacturing industry volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the car manufacturing industry in Malaysia, 2024
Figure 8: Drivers of buyer power in the car manufacturing industry in Malaysia, 2024
Figure 9: Drivers of supplier power in the car manufacturing industry in Malaysia, 2024
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Malaysia, 2024
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Malaysia, 2024
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Malaysia, 2024
Figure 13: Malaysia car manufacturing industry share: % share, by volume, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Toyota Motor Corp
  • Proton Holdings Berhad
  • UMW Toyota Motor Sdn Bhd
  • Honda Motor Co Ltd