Number of passenger car ownership in Malaysia exceeded the population in Malaysia and As demand for automobile rises, the demand for auto-financing rises automatically: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit High Car Ownership: Malaysia has relatively younger population who are more enthusiastic about cars. Malaysia’s car market is very small with high ownership of cars in Malaysia. Malaysians prefer to own a personal vehicle rather than using public transport. Most of people start owning a car at an early age in Malaysia. Infrastructure Development Programmes: Government has introduced various programmes for developing roads and other infrastructure. It has set a substantial budget for transport development works to help boost the country’s economy. The Finance Ministry has announced US$829.6 million will be used for infrastructure projects. Boosting second hand vehicle sales: With this extended warranty programme, used car dealers are protected from the risk associated with sourcing, such as trading cars with pre-existing issues, in-scope components condition, or reported beyond economical repair. Strict Puspakom (Malaysian computerized vehicle Inspection Company) inspection is followed. Limited Research & Development: Presently, while local manufacturers and assemblers of motor vehicles undertake R&D activities, their total expenditures on R&D are still small, compared with other global automotive producers. Manufacturers of parts and components based in the country, which have the capacity and capability to design, develop and export their products, are Tier-1 suppliers, which are mostly foreign-owned. Local suppliers, which are mostly in Tiers2 and 3, lack the capacity and capability in R&D, and are dependent on the design technology from the automotive manufacturers. To remain competitive, global producers are increasingly outsourcing their non-critical R&D activities. A similar arrangement will need to be undertaken by domestic manufacturers. Analysts at Ken Research in their latest publication- “Malaysia Automotive Finance Market Outlook to 2026-Driven by exorbitant car prices, growing digital penetration, preference for owning passenger cars amidst systematically regulated car ownership policies by the Government” by Ken Research provides a comprehensive analysis of the potential of Automotive Finance Industry in Malaysia. The rising demand for new and used cars among the population, along with the easy availability of finance and low interest rates and Government Initiatives, the automotive finance market has shown a significant growth during the current period. Key Segments Covered: – Malaysia Automotive Finance Market: By Distribution Channels: OEMs Banks NBFCs Commercial Banks Investment Bank Islamic Banks By type of Vehicles: Passenger Commercial By tenure of Loan: 0-5 6-7 8-9 By condition of Vehicle: New Old By Region: Central Southern Eastern Northern Other Request for Free Sample Report: – https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTUz Key Target Audience Auto Finance Providers Insurance companies Car Manufacturers Financial service provider NBFCs Fin-tech companies Global automotive finance companies Government Bodies & Regulating Authorities Time Period Captured in the Report: Historical Year: 2016-2021 Base Year: 2021 Forecast Period: 2022F– 2026F Companies Covered: Auto Finance Providers Maybank Public Bank CIMB Hong Leong Ambank RHB Bank Affin Bank Bank Simpanan Nasional Key Topics Covered in the Report Malaysia Automotive Finance Market Overview Ecosystem of Malaysia Automotive Finance Market Business Cycle and Genesis of Malaysia Automotive Finance Market Export and Import Overview of Malaysia Automotive market Industry Analysis of Malaysia Automotive Finance Market SWOT Analysis of Malaysia Automotive Finance Market Malaysia Auto-finance market Value Chain Non-Performing Assets in Auto-finance Segment Major types of Auto loans in Malaysia Key Growth Drivers in Auto Finance Market in Malaysia Major Challenges and Bottlenecks in Malaysia Automotive Finance Market Regulatory Framework in Malaysia Automotive Finance Market Competitive Landscape in in Malaysia Automotive Finance Market Market Share of Major Auto Finance Providers in Malaysia Automotive Finance Market Detailed Analysis on Malaysia Automotive Finance Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2023-2027F) Market Opportunity and Analyst Recommendations For more insights on the market intelligence, refer to the link below: – Malaysia Automotive Finance Market Outlook to 2026 Related Reports by Ken Research: – Qatar Auto Finance Market Outlook to 2026F Vietnam Auto Finance Market Outlook to 2026F Tags: Auto finance Interest Rate in Malaysia, Auto Finance Providers in Malaysia, auto loan market Malaysia, auto-financing market in Malaysia, Automobile finance sector in Malaysia, challenges in Malaysia Auto Finance Market, Competitors in Malaysia Auto Finance Market, e-platform players Malaysia Auto Finance Market, Emerging Players in Malaysia Auto Finance Market, Fin-tech companies in Malaysia, Financial Institutions in Malaysia, fintech Startups in Malaysia, Global automotive finance companies in Malaysia, Investors in Auto Finance Market, Leading Players in Malaysia Auto Finance Market, Lending banks in Malaysia, major players in Malaysia Auto Finance Market, Malaysia Ambank Car Finance Market, Malaysia Auto Finance Industry, Malaysia Auto Finance Industry Outlook, Malaysia Auto Finance Lenders, Malaysia Auto Finance Market, Malaysia Auto Finance Sector, Malaysia Auto Investment Market, Malaysia auto loans Market, Malaysia Auto Market, Malaysia auto refinance market size, Malaysia Automobile banking Market, Malaysia Automobile Finance Industry, Malaysia Automobile loan market, Malaysia Automotive Finance Industry, Malaysia Automotive Finance Market, Malaysia Automotive Loan Industry, Malaysia Automotive Market, Malaysia CIMB Car loan Market Revenue, Malaysia commercial vehicle Loan Market, Malaysia fin-tech loan Market, Malaysia fin-tech sector, Malaysia Hong Leong auto finance Market Share, Malaysia motor vehicle Loan Market, Malaysia Online Auto Finance Market, Malaysia passenger car Loan market, Malaysia passenger vehicle Loan Market, Maybank Finance Motor Vehicle Loan Market, New Auto Finance Market Malaysia, New players in Malaysia Auto Finance Market, number of multi-finance companies Malaysia, Online Auto- Finance Market in Malaysia, Public Bank vehicle loan Market Analysis, RHB Bank auto finance Market Share Malaysia, Startups in Malaysia Auto Finance Market, Used Auto Finance Market Malaysia, Vehicle finance Companies in Malaysia, vehicle financing Market in Malaysia, Venture Capital Firms in Malaysia
