Malaysia Motorcycles Market is moderately recovering in 2025. In the first half, the new 2-wheelers sales have been 277.620 (+2.5%) fueled by the scooter segment (+3.1%) while the motorcycle segment was negative (-5.3%). Yamaha is shining.
Economic Outlook
The Malaysian economy expanded by 4.4% in the first quarter of 2025 (4Q 2024: 4.9%), driven by the steady expansion in domestic demand. Household spending was sustained amid positive labour market conditions and income-related policy measures, including the upward revision of minimum wage and civil servant salary. The steady expansion in investment activities was supported by realisation of new and existing projects.
In the external sector, export growth was slower due mainly to lower mining exports. This was partially offset by stronger electrical and electronics (E&E) exports and tourism activity. At the same time, imports growth, although more moderate, continued to be driven by strong demand for capital goods, reflecting continued investment and trade activities.
On the supply side, growth was driven by the services and manufacturing sectors. Services sector was supported by higher Government services while strong E&E production underpinned the performance in the manufacturing sector. However, normalisation in motor vehicle sales and production following strong performances over the last three years affected the growth of services and manufacturing sectors respectively.
Overall growth was also weighed down by a contraction in the mining sector amid lower oil and gas production. On a quarter-on-quarter, seasonally-adjusted basis, growth expanded by 0.7% (4Q 2024: -0.2%)
Motorcycles Industry Trend and Perspectives
In a such positive economic environment, the Malaysian two wheeler market, the 13th largest in the world, reported an almost positive trend in the first half of the 2025.
The performance was widely expected after the sharp fall (-16.0%) reported in the previous year and indeed is a bit below expectations. New 2-wheelers sales have been 277.620 (+2.5%) fueled by the scooter segment (+3.1%) while the motorcycle segment was negative (-5.3%).
Looking a bit deeply inside the market data, we highlight that the electric segment is still very small but finally is fast growing with sales accelerated this year (+117%) after the +366% reported last year.
Market Leaders and Performance
Looking inside the competitive arena, the top players have a different trend, with the market leader – Yamaha – up 6.2%, and the main rival, Honda, down 7.0%.
Even the top domestic OEMs are losing sharply with SM Sport down 3.3% and Modenas down 8.0%.
