Malaysia Shared Electric Scooter Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2030.
The Shared Electric Scooter Market in Malaysia is poised for significant growth, with projected revenues reaching approximately USD 6.96 million in 2025 and an anticipated annual growth rate of 4.4% through 2029. This surge is driven by increasing urbanization, a growing demand for eco-friendly transportation options, and government initiatives promoting sustainable mobility solutions.
Key factors contributing to this market expansion include:
Urban Congestion: Electric scooters offer a practical solution to traffic congestion in densely populated cities, providing a convenient mode of transport for short-distance travel.
Environmental Concerns: The shift towards electric scooters aligns with efforts to reduce carbon emissions and promote cleaner air in urban areas.
Government Support: Policies such as tax exemptions for electric vehicles and investments in charging infrastructure are encouraging the adoption of electric scooters.
Industries are increasingly recognizing the benefits of integrating electric scooters into their operations. For instance:
Logistics and Delivery Services: Companies are utilizing electric scooters for last-mile deliveries, enhancing efficiency and reducing operational costs.
Tourism and Hospitality: Hotels and resorts are offering electric scooter rentals to guests, providing an eco-friendly way to explore local attractions.
Corporate Fleets: Businesses are incorporating electric scooters into their transportation options for employees, promoting sustainable commuting practices.
Despite the promising outlook, challenges remain. Infrastructure development, such as the expansion of charging stations, is crucial to support the growing number of electric scooters. Additionally, regulatory frameworks need to be established to ensure safety standards and proper usage in public spaces.
In my experience, navigating Kuala Lumpur's bustling streets has become more manageable with the availability of shared electric scooters. They offer a flexible and efficient means of transportation, especially during peak traffic hours. The convenience of app-based rentals and the ability to avoid parking hassles make them an attractive option for daily commutes.
As Malaysia continues to embrace sustainable transportation solutions, the shared electric scooter market is expected to play a pivotal role in shaping the future of urban mobility.
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By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Shared Electric Scooter Market
18-25
26-35
36-50
51 and above
Daily commuters
Occasional users
Foldable scooters
Standard scooters
Dedicated e-scooter rental companies
Bike-sharing companies with e-scooter offerings
Ride-sharing platforms with integrated e-scooters
Urban areas
Suburban areas
Rural areas
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Shared Electric Scooter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Shared Electric Scooter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Shared Electric Scooter Market, By Type
6. Malaysia Shared Electric Scooter Market, By Application
7. Malaysia Shared Electric Scooter Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Shared Electric Scooter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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