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    Malaysia Electric Motorcycle Market

    ID: MRFR/AM/45363-HCR
    200 Pages
    Sejal Akre
    September 2025

    Malaysia Electric Motorcycle Market Research Report By Range (Below 75 Miles, 75-100 Miles, Above 100 Miles), By Battery Type (Li-ion, Lead Acid, Nickel Metal Hydride), and By Voltage (Below 24 Volt, 24-48 volt, 48-60 volt, Above 60 volt) - Forecast to 2035

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    Malaysia Electric Motorcycle Market Research Report - Forecast to 2035 Infographic
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    Table of Contents

    Malaysia Electric Motorcycle Market Summary

    The Malaysia Electric Motorcycle Market is projected to grow significantly from 250 USD Million in 2024 to 1500 USD Million by 2035.

    Key Market Trends & Highlights

    Malaysia Electric Motorcycle Key Trends and Highlights

    • The market is expected to experience a robust compound annual growth rate (CAGR) of 17.69 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1500 USD Million, indicating substantial growth potential.
    • In 2024, the market is valued at 250 USD Million, laying a strong foundation for future expansion.
    • Growing adoption of electric motorcycles due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 250 (USD Million)
    2035 Market Size 1500 (USD Million)
    CAGR (2025 - 2035) 17.69%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Malaysia Electric Motorcycle Market Trends

    The Malaysia Electric Motorcycle Market is witnessing several significant trends driven by a combination of government initiatives and consumer awareness towards sustainable transportation. The government of Malaysia has implemented various policies aimed at promoting electric mobility, setting ambitious targets to reduce carbon emissions and enhance environmental sustainability. This commitment is evident through initiatives like the National Automotive Policy and the introduction of incentives for electric vehicle adoption, encouraging consumers to shift towards electric motorcycles.  Opportunities in the market are further expanded as more local manufacturers recognize the potential of electric motorcycles, leading to increased investments in research and development.

    This shift has resulted in a variety of models being introduced to cater to different consumer needs, thus broadening market access. Additionally, the development of charging infrastructure is also an expanding opportunity. The Malaysian government, in collaboration with private sectors, is actively working to enhance the availability of charging stations, making it easier for consumers to adopt electric motorcycles. In recent times, there has been a noticeable rise in consumer interest in eco-friendly transportation options.

    Many Malaysians are becoming more conscious of their environmental footprint, resulting in a heightened demand for electric motorcycles as an alternative to traditional petrol vehicles. Moreover, corporate fleets are beginning to explore electric motorcycles as part of their sustainability strategies, contributing to the growing acceptance of these vehicles. As the market continues to evolve, the focus on reducing reliance on fossil fuels and improving air quality will likely drive further growth and innovation within the Malaysia Electric Motorcycle Market, making it a pivotal element in the country's transition to greener transportation solutions.

    The Malaysian government is actively promoting electric motorcycles as part of its commitment to sustainable transportation, indicating a potential shift in consumer preferences towards eco-friendly mobility solutions.

    Ministry of Transport Malaysia

    Malaysia Electric Motorcycle Market Drivers

    Market Growth Projections

    Technological Advancements

    Technological advancements in battery technology and electric drivetrain systems are propelling the Global Malaysia Electric Motorcycle Market Industry forward. Innovations such as improved battery efficiency, faster charging times, and enhanced range capabilities are making electric motorcycles more appealing to consumers. These advancements not only enhance the user experience but also reduce the overall cost of ownership. As manufacturers continue to invest in research and development, the market is likely to witness a compound annual growth rate of 17.69% from 2025 to 2035. This trend indicates a promising future for electric motorcycles, as technology continues to evolve and improve.

    Rising Environmental Awareness

    Increasing environmental awareness among consumers is a key driver for the Global Malaysia Electric Motorcycle Market Industry. As concerns about air pollution and climate change intensify, more individuals are seeking eco-friendly transportation alternatives. Electric motorcycles, which produce zero tailpipe emissions, align with these values and are becoming increasingly popular. This shift in consumer behavior is expected to contribute to the market's expansion, with projections indicating a growth to 1500 USD Million by 2035. The growing demand for sustainable mobility solutions suggests a significant opportunity for manufacturers to innovate and cater to environmentally conscious consumers.

    Government Incentives and Policies

    The Global Malaysia Electric Motorcycle Market Industry benefits from robust government incentives aimed at promoting electric vehicle adoption. The Malaysian government has implemented various policies, including tax exemptions and subsidies for electric motorcycle manufacturers and consumers. These initiatives are designed to reduce the overall cost of electric motorcycles, making them more accessible to the public. As a result, the market is projected to reach 250 USD Million in 2024, reflecting a growing interest in sustainable transportation solutions. Such supportive measures are likely to enhance the market's growth trajectory, encouraging both local and international investments in the electric motorcycle sector.

    Urbanization and Traffic Congestion

    Rapid urbanization and increasing traffic congestion in Malaysian cities are driving the demand for electric motorcycles within the Global Malaysia Electric Motorcycle Market Industry. As urban populations grow, the need for efficient and compact transportation solutions becomes more pressing. Electric motorcycles offer a practical alternative to traditional vehicles, allowing riders to navigate congested urban environments with ease. This trend is expected to further fuel market growth, as consumers seek convenient and cost-effective commuting options. The rise in urban mobility challenges presents an opportunity for electric motorcycle manufacturers to capture a larger share of the market.

    Cost-Effectiveness and Economic Benefits

    The cost-effectiveness of electric motorcycles is a significant factor influencing the Global Malaysia Electric Motorcycle Market Industry. With lower operating costs compared to conventional motorcycles, electric models offer substantial savings on fuel and maintenance. Additionally, the long-term economic benefits of reduced emissions and lower environmental impact are becoming increasingly appealing to consumers and businesses alike. As the market matures, the affordability of electric motorcycles is likely to improve, attracting a broader customer base. This trend, coupled with government support, is expected to drive the market's growth, positioning electric motorcycles as a viable alternative to traditional vehicles.

    Market Segment Insights

    Get more detailed insights about Malaysia Electric Motorcycle Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The Malaysia Electric Motorcycle Market is experiencing significant growth driven by increasing environmental concerns, government policies promoting sustainable transportation, and advances in battery technology. As urbanization continues to rise, consumers are seeking cost-effective and eco-friendly alternatives to traditional fuel-powered motorcycles. The competitive landscape is characterized by various local and international manufacturers striving to capture market share by introducing innovative designs, enhanced performance, and user-friendly features that cater to the evolving preferences of Malaysian consumers.

    The influx of electric two-wheelers is not merely a trend; rather, it marks a substantial shift in the transportation dynamics of Malaysia, prompting existing players and new entrants to differentiate themselves through branding, service networks, and technological advancements. Niu Technologies has established a notable presence in the Malaysia Electric Motorcycle Market by emphasizing innovation, reliability, and practicality in its product offerings. The brand is recognized for its stylish electric scooters that appeal to the urban commuter demographic, combining advanced technology with a commitment to sustainability.

    Niu Technologies’ strengths lie in its robust research and development capabilities that enable the continuous enhancement of its electric vehicles. The company has developed high-performance batteries with extended ranges and efficient charging systems, allowing Malaysian riders to enjoy longer journeys without frequent interruptions.

    By fostering strategic partnerships with local distribution channels and service providers, Niu Technologies has increased its accessibility and service reliability, bolstering customer trust and loyalty in an increasingly competitive market. Energica stands out in the Malaysia Electric Motorcycle Market with its focus on high-performance electric motorcycles that cater to the premium segment of riders. Renowned for cutting-edge technology and exceptional design, Energica has garnered attention from motorcycle enthusiasts who seek thrilling experiences without compromising on sustainability. Its key products, including high-speed electric superbikes, showcase the company’s commitment to delivering superior performance and advanced engineering.

    Energica’s strengths are further amplified by strategic mergers and acquisitions that enhance its technological advancements and market reach. By positioning itself as a pioneer in the high-performance electric motorcycle segment, Energica is increasingly building a loyal customer base among Malaysian riders who value both speed and environmental consciousness. The company's emphasis on quality, innovation, and electric mobility's lifestyle appeal solidifies its stature within the evolving landscape of Malaysia’s electric motorcycle market.

    Key Companies in the Malaysia Electric Motorcycle Market market include

    Industry Developments

    In recent months, the Malaysia Electric Motorcycle Market has seen significant advancements and changes. Niu Technologies and Zero Motorcycles have been actively introducing new models to cater to the growing demand for sustainable transport solutions, while Honda and Kawasaki are enhancing their electric offerings as part of their commitment to environmental sustainability. In July 2022, Malaysia's government announced initiatives aimed at promoting the adoption of electric vehicles, including electric motorcycles, as part of its National Electric Mobility Roadmap.

    This has contributed to a noticeable increase in market valuation for companies like SegwayNinebot and Energica, reflecting growing consumer interest in electric mobility solutions.

    Major happenings over the past couple of years include enhanced local manufacturing initiatives with companies such as Super Soco increasing their investments in Malaysia, aiming to leverage local resources and expertise. Notably, there have been no recent mergers or acquisitions reported within the specified companies in the Malaysian Electric Motorcycle Market since the beginning of 2023, indicating a stable competitive landscape. The Malaysian government continues to explore partnerships with companies like Yamaha and Gogoro to further advance the electric motorcycle infrastructure across the country, enhancing accessibility for consumers.

    Future Outlook

    Malaysia Electric Motorcycle Market Future Outlook

    The Malaysia Electric Motorcycle Market is projected to grow at a 17.69% CAGR from 2024 to 2035, driven by technological advancements, government incentives, and increasing environmental awareness.

    New opportunities lie in:

    • Develop battery-swapping infrastructure to enhance convenience and reduce downtime.
    • Invest in smart charging solutions to optimize energy consumption and cost efficiency.
    • Create partnerships with ride-sharing platforms to expand market reach and user adoption.

    By 2035, the Malaysia Electric Motorcycle Market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    Electric Motorcycle Market Range Outlook

    • Below 75 Miles
    • 75-100 Miles
    • Above 100 Miles 

    Electric Motorcycle Market Voltage Outlook

    • Below 24 Volt
    • 24-48 volt
    • 48-60 volt
    • Above 60 volt

    Electric Motorcycle Market Battery Type Outlook

    • Li-ion
    • Lead Acid
    • Nickel Metal Hydride 

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 262.85 (USD Million)
    MARKET SIZE 2024 281.1 (USD Million)
    MARKET SIZE 2035 935.61 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 11.552% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Niu Technologies, Energica, Kawasaki, Evoke, SegwayNinebot, Honda, Ariel Motor Company, Sondors, Zero Motorcycles, Yamaha, Trek, Gogoro, Super Soco, BMW
    SEGMENTS COVERED Range, Battery Type, Voltage
    KEY MARKET OPPORTUNITIES Growing urban congestion solutions, Government incentives for electric vehicles, Increasing environmental awareness among consumers, Expansion of charging infrastructure, Rising demand for cost-effective commuting options.
    KEY MARKET DYNAMICS growing environmental awareness, government incentives and support, increasing urban congestion, advancements in battery technology, rising fuel prices
    COUNTRIES COVERED Malaysia

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the Malaysia Electric Motorcycle Market in 2024?

    The Malaysia Electric Motorcycle Market is expected to be valued at 281.1 million USD in 2024.

    What is the projected market value for the Malaysia Electric Motorcycle Market by 2035?

    By 2035, the Malaysia Electric Motorcycle Market is projected to reach a value of 935.61 million USD.

    What is the expected compound annual growth rate (CAGR) for the Malaysia Electric Motorcycle Market from 2025 to 2035?

    The expected CAGR for the Malaysia Electric Motorcycle Market from 2025 to 2035 is 11.552 percent.

    Which segment in the Malaysia Electric Motorcycle Market is expected to have the highest value in 2035?

    The 'Below 75 Miles' segment is expected to be valued at 396.24 million USD in 2035.

    Who are the key players in the Malaysia Electric Motorcycle Market?

    Key players in the Malaysia Electric Motorcycle Market include Niu Technologies, Kawasaki, Honda, and Yamaha among others.

    What is the market value for the '75-100 Miles' range segment in 2024?

    The '75-100 Miles' range segment is valued at 84.2 million USD in 2024.

    How much is the 'Above 100 Miles' range segment expected to grow by 2035?

    The 'Above 100 Miles' range segment is expected to grow to 244.71 million USD by 2035.

    What are some emerging trends in the Malaysia Electric Motorcycle Market?

    Emerging trends include increased consumer interest in sustainable transportation and advanced battery technologies.

    What challenges does the Malaysia Electric Motorcycle Market face?

    Challenges include the need for infrastructure development and competition from traditional motorcycle manufacturers.

    How is the Malaysia Electric Motorcycle Market expected to perform regionally by 2035?

    The Malaysia Electric Motorcycle Market is anticipated to show significant regional growth, particularly in urban areas with supportive policies.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Malaysia
    59. Electric Motorcycle Market, BY Range (USD Million)
    60. Below
    61. Miles
    62. 100 Miles
    63. Above
    64. Miles
    65. Malaysia Electric
    66. Motorcycle Market, BY Battery Type (USD Million)
    67. Li-ion
    68. Lead
    69. Acid
    70. Nickel Metal Hydride
    71. Malaysia
    72. Electric Motorcycle Market, BY Voltage (USD Million)
    73. Below
    74. Volt
    75. 48 volt
    76. 60 volt
    77. Above
    78. volt
    79. Competitive Landscape
    80. Overview
    81. Competitive
    82. Analysis
    83. Market share Analysis
    84. Major
    85. Growth Strategy in the Electric Motorcycle Market
    86. Competitive
    87. Benchmarking
    88. Leading Players in Terms of Number of Developments
    89. in the Electric Motorcycle Market
    90. Key developments and
    91. growth strategies
    92. New Product Launch/Service Deployment
    93. Merger
    94. & Acquisitions
    95. Joint Ventures
    96. Major
    97. Players Financial Matrix
    98. Sales and Operating Income
    99. Major
    100. Players R&D Expenditure. 2023
    101. Company
    102. Profiles
    103. Niu Technologies
    104. Financial
    105. Overview
    106. Products Offered
    107. Key
    108. Developments
    109. SWOT Analysis
    110. Key
    111. Strategies
    112. Energica
    113. Financial
    114. Overview
    115. Products Offered
    116. Key
    117. Developments
    118. SWOT Analysis
    119. Key
    120. Strategies
    121. Kawasaki
    122. Financial
    123. Overview
    124. Products Offered
    125. Key
    126. Developments
    127. SWOT Analysis
    128. Key
    129. Strategies
    130. Evoke
    131. Financial
    132. Overview
    133. Products Offered
    134. Key
    135. Developments
    136. SWOT Analysis
    137. Key
    138. Strategies
    139. SegwayNinebot
    140. Financial
    141. Overview
    142. Products Offered
    143. Key
    144. Developments
    145. SWOT Analysis
    146. Key
    147. Strategies
    148. Honda
    149. Financial
    150. Overview
    151. Products Offered
    152. Key
    153. Developments
    154. SWOT Analysis
    155. Key
    156. Strategies
    157. Ariel Motor Company
    158. Financial
    159. Overview
    160. Products Offered
    161. Key
    162. Developments
    163. SWOT Analysis
    164. Key
    165. Strategies
    166. Sondors
    167. Financial
    168. Overview
    169. Products Offered
    170. Key
    171. Developments
    172. SWOT Analysis
    173. Key
    174. Strategies
    175. Zero Motorcycles
    176. Financial
    177. Overview
    178. Products Offered
    179. Key
    180. Developments
    181. SWOT Analysis
    182. Key
    183. Strategies
    184. Yamaha
    185. Financial
    186. Overview
    187. Products Offered
    188. Key
    189. Developments
    190. SWOT Analysis
    191. Key
    192. Strategies
    193. Trek
    194. Financial
    195. Overview
    196. Products Offered
    197. Key
    198. Developments
    199. SWOT Analysis
    200. Key
    201. Strategies
    202. Gogoro
    203. Financial
    204. Overview
    205. Products Offered
    206. Key
    207. Developments
    208. SWOT Analysis
    209. Key
    210. Strategies
    211. Super Soco
    212. Financial
    213. Overview
    214. Products Offered
    215. Key
    216. Developments
    217. SWOT Analysis
    218. Key
    219. Strategies
    220. BMW
    221. Financial
    222. Overview
    223. Products Offered
    224. Key
    225. Developments
    226. SWOT Analysis
    227. Key
    228. Strategies
    229. References
    230. Related
    231. Reports
    232. LIST
    233. OF ASSUMPTIONS
    234. Malaysia Electric Motorcycle Market SIZE
    235. ESTIMATES & FORECAST, BY RANGE, 2019-2035 (USD Billions)
    236. Malaysia
    237. Electric Motorcycle Market SIZE ESTIMATES & FORECAST, BY BATTERY TYPE, 2019-2035
    238. (USD Billions)
    239. Malaysia Electric Motorcycle Market SIZE
    240. ESTIMATES & FORECAST, BY VOLTAGE, 2019-2035 (USD Billions)
    241. PRODUCT
    242. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    243. ACQUISITION/PARTNERSHIP
    244. LIST
    245. Of figures
    246. MARKET SYNOPSIS
    247. MALAYSIA
    248. ELECTRIC MOTORCYCLE MARKET ANALYSIS BY RANGE
    249. MALAYSIA
    250. ELECTRIC MOTORCYCLE MARKET ANALYSIS BY BATTERY TYPE
    251. MALAYSIA
    252. ELECTRIC MOTORCYCLE MARKET ANALYSIS BY VOLTAGE
    253. KEY BUYING
    254. CRITERIA OF ELECTRIC MOTORCYCLE MARKET
    255. RESEARCH PROCESS
    256. OF MRFR
    257. DRO ANALYSIS OF ELECTRIC MOTORCYCLE MARKET
    258. DRIVERS
    259. IMPACT ANALYSIS: ELECTRIC MOTORCYCLE MARKET
    260. RESTRAINTS
    261. IMPACT ANALYSIS: ELECTRIC MOTORCYCLE MARKET
    262. SUPPLY /
    263. VALUE CHAIN: ELECTRIC MOTORCYCLE MARKET
    264. ELECTRIC MOTORCYCLE
    265. MARKET, BY RANGE, 2025 (% SHARE)
    266. ELECTRIC MOTORCYCLE
    267. MARKET, BY RANGE, 2019 TO 2035 (USD Billions)
    268. ELECTRIC
    269. MOTORCYCLE MARKET, BY BATTERY TYPE, 2025 (% SHARE)
    270. ELECTRIC
    271. MOTORCYCLE MARKET, BY BATTERY TYPE, 2019 TO 2035 (USD Billions)
    272. ELECTRIC
    273. MOTORCYCLE MARKET, BY VOLTAGE, 2025 (% SHARE)
    274. ELECTRIC
    275. MOTORCYCLE MARKET, BY VOLTAGE, 2019 TO 2035 (USD Billions)
    276. BENCHMARKING
    277. OF MAJOR COMPETITORS

    Malaysia Electric Motorcycle Market Segmentation

     

     

     

    • Electric Motorcycle Market By Range (USD Million, 2019-2035)

      • Below 75 Miles
      • 75-100 Miles
      • Above 100 Miles

     

    • Electric Motorcycle Market By Battery Type (USD Million, 2019-2035)

      • Li-ion
      • Lead Acid
      • Nickel Metal Hydride

     

    • Electric Motorcycle Market By Voltage (USD Million, 2019-2035)

      • Below 24 Volt
      • 24-48 volt
      • 48-60 volt
      • Above 60 volt

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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