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Automotive seating is a mature market. Original equipment manufacturers (OEMs) need to design all passenger cars with seating systems, ensuring that the automotive seating market has never-diminishing demand. The seating market in Japan has traditionally been a complex network of OEM-supplier-Tier II relations owing to the traditional “keiretsu” sy...

26 Mar 2020  |  Asia Pacific  |  Market Outlook

Malaysia Automotive Market, 2020

Passenger Vehicle Sales Continue to Increase, Bringing 0.7% Year-on-Year Growth to the Entire Automotive Industry

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From 2018 to 2019, the Association of South East Asian Nations (ASEAN) automotive market decreased by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales, and decline in sales faced by Indonesia (by political activities), which is the lead...

The Association of Southeast Asian Nations (ASEAN) will be the fastest-growing economic bloc, growing at an average real GDP growth rate of 4.4% between 2024 and 2032. This growth will significantly outpace its own 3.3% growth recorded between 2018 and 2023. A young and growing workforce, coupled with rising labor force participation, will anchor p...

In 2015, the annual production volume of Vietnamese 2-wheeler and 4-wheeler vehicle manufacturing industry was growing positively by 6.4% year-on-year. Following, 2-wheeler and 4-wheeler vehicle manufacturing industry is forecasted to experience a stable growth at a CAGR of 6.7% in Vietnam during 2015 – 2022. The 2-wheeler vehicle manufacturing i...

This research service is an analysis of the Australian industrial lubricants and greases market and it provides drivers of market growth and restraints to market growth, market size forecast, segmentation by major product type, demand trend analysis, and competitive analysis. Poor performance of key end-use verticals such as mining creates medium-t...

Oil and gas companies, oil and gas service companies, law firms, financial service companies, and government institutions, have all been calling for competitive advantage through mergers and acquisitions (M&A) in Malaysia. In recent times, Malaysian oil and gas service companies have been adversely hit by the low oil price regime. Petronas, the lea...

The development of electric vehicles (EVs) is accelerating due to the low cost of ownership and operation, simplicity in design, and adaptability to different environments. The future success of these vehicles depends on mass deployment in the world's biggest markets, including Taiwan. Taiwan is the leading consumer of electric two-wheelers, as it ...

Businesses are increasingly adopting cloud services as the imperative way to embrace their digital transformation journey. By using cloud services, they are able to leverage on the latest technologies to increase productivity, reduce significant costs in terms of product ownership, operation and maintenance. Though most businesses know the benefit...

The aim of this study is to provide a strategic assessment of the eMobility sector in Malaysia in the context of electric vehicle developments in Southeast Asia between 2017 and 2022. The Malaysian EV market is currently in the very initial stages of growth. However, the Malaysian Government's EV policies and continuation of new model launches cont...