Product Code: ETC4568547 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Malaysia autonomous self-driving cars market is witnessing significant growth and transformation in recent years. As technology continues to advance, the demand for self-driving cars is on the rise, driven by their potential to improve road safety, reduce traffic congestion, and enhance overall transportation efficiency. These autonomous vehicles, equipped with advanced sensors and artificial intelligence, can navigate the road with minimal human intervention. This technology is not only appealing to consumers but also holds promise for various industries, including ride-sharing and delivery services. Furthermore, government initiatives and regulations are playing a crucial role in shaping the market landscape and promoting the adoption of autonomous vehicles in Malaysia.
The market for autonomous self-driving cars in Malaysia is being propelled by several key drivers. The growing need for improved road safety and reduced traffic accidents is a primary driver, as autonomous vehicles have the potential to significantly decrease human errors and enhance driving safety. Furthermore, the Malaysia government`s focus on promoting autonomous vehicle technology and investing in infrastructure to support autonomous driving is encouraging market growth. As urban congestion and transportation inefficiencies become more pronounced, self-driving cars offer a solution for more efficient and convenient mobility. Additionally, the technology`s potential for reducing traffic congestion and fuel consumption is pushing consumers and businesses to explore autonomous vehicle options.
The Autonomous Self-Driving Cars market in Malaysia holds promise for revolutionizing transportation. However, several challenges must be addressed. Developing robust and reliable autonomous driving technology, capable of navigating diverse Malaysia road conditions, is a complex task. Moreover, ensuring safety and building public trust in autonomous vehicles remain significant concerns. Navigating through regulatory frameworks and policies, including liability and accountability, also presents challenges for stakeholders in this evolving market.
The COVID-19 pandemic brought both challenges and opportunities for the autonomous self-driving cars market in Malaysia. On one hand, the restrictions on movement and reduced consumer spending impacted the overall adoption and deployment of autonomous vehicles. On the other hand, the increased focus on safety and the potential to minimize human contact in transportation services have accelerated research and development efforts in this sector. As a result, Leading Players are now looking to innovate and adapt their technologies to meet the evolving demands in a post-pandemic landscape.
The development of autonomous self-driving cars in Malaysia has attracted several Leading Players, including Autoliv Malaysia. They specialize in advanced driver-assistance systems and have been actively involved in the development of autonomous vehicle technology. MIMOS Berhad, a government-owned research and development organization, has also been instrumental in research and development efforts related to self-driving cars in Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Autonomous / Self-Driving Cars Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Autonomous / Self-Driving Cars Market - Industry Life Cycle |
3.4 Malaysia Autonomous / Self-Driving Cars Market - Porter's Five Forces |
3.5 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume Share, By Level of Autonomy, 2021 & 2031F |
4 Malaysia Autonomous / Self-Driving Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Autonomous / Self-Driving Cars Market Trends |
6 Malaysia Autonomous / Self-Driving Cars Market, By Types |
6.1 Malaysia Autonomous / Self-Driving Cars Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Radar, 2021-2031F |
6.1.4 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By LiDAR, 2021-2031F |
6.1.5 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.1.6 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By & Camera Unit, 2021-2031F |
6.2 Malaysia Autonomous / Self-Driving Cars Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Hatchback, 2021-2031F |
6.2.3 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Coupe & Sports Car, 2021-2031F |
6.2.4 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By Sedan, 2021-2031F |
6.2.5 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By SUV, 2021-2031F |
6.3 Malaysia Autonomous / Self-Driving Cars Market, By Level of Autonomy |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By L1, 2021-2031F |
6.3.3 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By L2, 2021-2031F |
6.3.4 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By L3, 2021-2031F |
6.3.5 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By L4, 2021-2031F |
6.3.6 Malaysia Autonomous / Self-Driving Cars Market Revenues & Volume, By L5, 2021-2031F |
7 Malaysia Autonomous / Self-Driving Cars Market Import-Export Trade Statistics |
7.1 Malaysia Autonomous / Self-Driving Cars Market Export to Major Countries |
7.2 Malaysia Autonomous / Self-Driving Cars Market Imports from Major Countries |
8 Malaysia Autonomous / Self-Driving Cars Market Key Performance Indicators |
9 Malaysia Autonomous / Self-Driving Cars Market - Opportunity Assessment |
9.1 Malaysia Autonomous / Self-Driving Cars Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Malaysia Autonomous / Self-Driving Cars Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Malaysia Autonomous / Self-Driving Cars Market Opportunity Assessment, By Level of Autonomy, 2021 & 2031F |
10 Malaysia Autonomous / Self-Driving Cars Market - Competitive Landscape |
10.1 Malaysia Autonomous / Self-Driving Cars Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Autonomous / Self-Driving Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |