The report titled “Malaysia Automotive Aftermarket Service Market Outlook to 2025:
Surging Used Car Sales contributing to the Growth of Automotive Aftermarket
Service Industry in Malaysia”
provides
a comprehensive analysis of automotive aftermarket service market in Malaysia.
The report focuses on the automotive car service market size, Malaysia
automotive car service market segmentation by Type of Workshop (Multi Brand and
OEM), Type of Multi Brand (Organized and Unorganized), Type of Vehicle (Sedan,
Hatchback, SUV, MPV), By Age of Car (0-5 Years, 5-10 Years and 10 and above years),
By Region (Central, East, South and North), By Car Brand (Perodua, Proton,
Honda, Toyota and Others), By Booking Mode (Online and Offline), By Service
split (Maintenance, Repair & Replacement and Body Care). The report also
covers the Ecosystem of Entities in Car Servicing in Malaysia, Trends and
Development in Malaysia Automotive After Market Service Industry, Issues and
Challenges, Porters Five Forces Analysis, Government Regulation in Malaysia
Automotive After Market Service Industry, Competition in Malaysia OEM
Aftermarket Industry, Strength and Weakness of Major
Players in Malaysia OEM Automotive Aftermarket Industry, Competition in
Malaysia Multi Brand Aftermarket Industry, Pricing Comparison of Major OEM Car
Service Companies and Multibrand car service companies, Operating Model of
Organized and Unorganized Workshops, Operating Model of OEM Workshops, Sourcing
Spare Parts for Automobile Service Centers, Case Study: Autohaus KL. The report concludes with future
market projections on the basis of overall automotive aftermarket service
revenue and analyst recommendations highlighting the major opportunities.
Malaysia Automotive Aftermarket
Service Market
Malaysia automotive aftermarket service industry
revenue stood at USD ~ Bn in 2020 and recorded a CAGR of 2.9% during 2015-2020.
Multi brand car service centers are majorly preferred by the users with
out-of-warranty cars. Lower cost of multi brand service centers &
Availability of quality spares from reputed suppliers is leading to the growth
of multi brand car service centers in Malaysia. OEM car service centers in
Malaysia witness majority of the pre warranty cars visiting their centers. High
quality service, genuine spare parts and more reliability of the OEM service
centers are other reasons why a customer prefers the OEM service centers in
Malaysia.
Malaysia Automotive Aftermarket
Service Market Segmentation
By Type of Workshop (OEM &
Multi Brand): The Multi brand workshop segment was observed to dominate the
car service market in Malaysia. Higher number of post warranty cars in the
market is leading to the higher demand for multi brand car service centers.
By Type of Multi Brand
(Unorganized and Organized): The unorganized multi brand car service center
dominates the multi brand car service market in Malaysia. Limited entry
barriers in Malaysia have lead to the entry of large number of unorganized
multi brand players/ local garages in Malaysia.
By Type of Vehicles (Sedan,
Hatchback, SUV and MPV)
The majority car sales of Sedan cars in Malaysia have
lead to large number of sedan cars visiting the car service centers for car
servicing Malaysia. Sedan contributes to a majority revenue share in the car
service market in Malaysia followed by Hatchback, SUV and MPV.
By Age of Car (0-5 Years, 5-10
years and 10 & above years)
Cars in the age group of 5-10 years contribute
majority in the car servicing market in Malaysia followed by 0-5 years and 10
& above years. The cars in the 5-10 years age group are post warranty cars.
By Region (Central, East, South
and North)
The central region dominated the car service market
in Malaysia. Large population and the presence of the capital city Kuala Lampur
in the Central region is the reason for highest number of car sales leading to
majority contribution in the car servicing market.
By Car Brand (Perodua, Proton,
Honda, Toyota and Others)
Perodua dominated the car servicing market in
Malaysia as the country records the highest car sales of Perodua owing to the
low cost of the cars. Perodua cars are the most demanded cars in Malaysia.
By Booking Mode (Online and
Offline)
Majority of the car service booking are made online
in Malaysia. Most of the OEM car service companies have started providing
online car service booking facility but only few multi brand centers have this
service for the customers in Malaysia.
By Service (Maintenance, Repair
& Replacement and Body Care)
The maintenance car service segment dominated the car
service market in Malaysia. This segment includes the Engine oil filter change,
Brake fluid, Battery check, Fuel Filter, Spark Plugs, Radiator coolant and
others.
Malaysia Spare Parts after
Market
Malaysia Passenger Cars Spare Parts Aftermarket
Industry revenue stood at USD ~ Bn in 2020. Increase in spending capacity,
changing consumer habits, rise in demand of organized sector has led to
expansion of online aftermarket industry in Malaysia. OEM car service companies
in Malaysia source spare parts from OEMs whereas Multi Brand Car Service
Companies source spare parts from OEMs as well as reputed suppliers selling
quality substitutes for original spare parts.
Malaysia Spare Parts After
Market Segmentation
By Type of Spare Parts
(Electricals and Electronic Components, Suspension and Braking, Consumables and
Miscellaneous, Cooling Systems, Rubber Components, Drive transmission and
Steering and others): Electricals and Electronic Components are dominating
the demand for spare parts in Malaysia followed by Suspension & Braking
components, Consumables and Miscellaneous.
Comparative
Landscape in Malaysia Automotive Aftermarket
Service Market
The competition structure in
Malaysia Automotive Aftermarket Service Industry is fragmented in nature. The
OEM car service companies were observed to compete on the basis of number of
dealerships, service centers, service lead time, number of cars serviced,
sourcing of spare parts, Services Offered, USP, Recent Development, and Booking
Mode. The multi brand car service companies were observed to compete on the
basis of Brands serviced, number of stores, Service lead time, Number
of cars serviced, USP, Services offered.
Malaysia Automotive Aftermarket
Service Market Future Outlook and Projections
The
car maintenance market is anticipated to evolve in the next few years with the
entrance of EEVs which will demand different maintenance requirements, away
from the current maintenance practices. Over the forecast period 2020-2025, the
Malaysia Automotive Aftermarket service market Revenue is further anticipated
to increase to USD ~ Bn by the year 2025, thus showcasing a CAGR of 3.1%.
Key Segments Covered in Malaysia
Automotive Aftermarket Service Market
By Type of Workshop
Multi Brand
OEM/Authorized
By
Type of Multi Brand
Organized
Unorganized
By Type of Vehicle
Sedan
Hatchback
SUV
MPV
By Age of Car
0-5 Years
5-10 Years
10 and above years
By Region
Central
East
South
North
By Car Brand
Perodua
Proton
Honda
Toyota
Others
By Booking Mode
Online
Offline
By Service Split
Maintenance
Repair and Replacement
Body Care
Malaysia Spare Parts after
Market Segmentation
By Type of Spare Parts
Electricals and Electronic Components
Suspension and Braking
Consumables and Miscellaneous
Cooling Systems
Rubber Components
Drive transmission and Steering
Others
Key Target Audience
Automotive companies
OEM Car Service companies
Multi brand Car Service companies
Automotive Spare Parts Companies
Time Period Captured in the
Report:
Historical Period: 2015-2020
Forecast Period: 2020-2025
OEM Car Dealers/Service
Providers:
Perodua
Proton
Honda
Toyota
Nissan
Mitsubishi
Multi Brand Car Dealers/Service
Providers:
Dtox
Prestige Cars
Topbest Car Grooming
Autohaus KL
Top Speed
Auto Mobile Garage
Key Topics Covered in the Report: -
Malaysia
Automotive Aftermarket Service Industry Overview
Ecosystem
of Entities in Car Servicing in Malaysia
Trends
and Development in Malaysia Automotive After Market Service Industry
Issues
and Challenges in Malaysia Automotive After Market Service Industry
Porters
Five Forces Analysis: Automotive Aftermarket Service in Malaysia
Government
Regulation in Malaysia Automotive After Market Service Industry
Market
Size of Malaysia after Market Service Industry
Malaysia
Automotive Aftermarket Service Industry Segmentation
Competition
in Malaysia OEM Aftermarket Industry
Strength and Weakness of Major Players in Malaysia OEM
Automotive Aftermarket Industry
Competition in Malaysia Multi Brand Aftermarket
Industry
Pricing Comparison of Major OEM Car Service Companies
Pricing Comparison of Major Multi Brand Car Service
Companies
Operating Model of Organized and Unorganized Workshops
Operating Model of OEM Workshops
Malaysia Spare Parts Aftermarket Industry Overview
Sourcing Spare Parts for Automobile Service Centers
(OEM/Authorized Service Centers & Multi-Brand Service Centers)
Malaysia Automotive Aftermarket Car Service Market
Future Market Size
Future Outlook and
Projections for Malaysia Automotive Service Market
Case Study: Autohaus KL
Analyst Recommendation
For
More Information on the Research Report, Click on the Below Link: -
Future of Malaysia Automotive Aftermarket Service Market
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