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 the 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 the 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. A 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 led to the entry of a large number of unorganized multi-brand players/ local garages in Malaysia.
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By Type of Vehicles (Sedan, Hatchback, SUV and MPV)
The majority of car sales of Sedan cars in Malaysia have to lead to a 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 the 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. The large population and the presence of the capital city Kuala Lampur in the Central region is the reason for the highest number of car sales leading to the 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. An increase in spending capacity, changing consumer habits, rise in demand of the organized sector has led to the expansion of the 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’s Automotive Aftermarket Service Industry is fragmented in nature. The OEM car service companies were observed to compete on the basis of the 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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