In 2021, the Philippines demonstrated a dramatic growth in the production of motorcycles and scooters, valuing to 19 percent, compared to the previous year. On the other hand, Malaysia exhibited a negative growth in motorcycle and scooter production, with the value of 0.2 percent in 2021.

In 2024, the Malaysian motorcycle and scooter market decreased by -4.5% to $341M, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, showed a remarkable increase. Motorcycle and scooter consumption peaked at $811M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

The Malaysian motorcycle, scooter and side-car market reached $686M in 2024, stabilizing at the previous year. Overall, consumption enjoyed a strong expansion. Motorcycle, scooter and side-car consumption peaked at $920M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

The Malaysia Two-Wheeler market was valued at USD 736.31 Million in 2024 and is expected to reach USD 905.11 Million by 2030 with a CAGR of 3.50%.

The ASEAN two-wheeler rental market, encompassing motorcycles, scooters, and mopeds, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 4.80% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the rising popularity of tourism within the ASEAN region, particularly among younger demographics seeking affordable and flexible transportation options, significantly boosts demand for short-term rentals. Secondly, increasing urbanization and traffic congestion in major ASEAN cities like Jakarta, Bangkok, and Manila are driving a preference for two-wheelers as a practical and efficient mode of daily commuting, thus fueling long-term rental demand. The convenience and cost-effectiveness compared to car ownership are further contributing to this trend. Finally, the emergence of innovative rental platforms and improved technology, such as mobile booking apps and GPS tracking, enhances accessibility and user experience, contributing to market expansion. However, regulatory hurdles related to licensing and safety standards, as well as concerns about vehicle maintenance and insurance, pose challenges to sustained growth. Segment-wise, the short-term rental segment for tourism purposes is currently experiencing the most rapid growth, driven by increasing tourist arrivals. Within vehicle types, motorcycles are the most popular choice due to their versatility and suitability for navigating congested urban areas and diverse terrains. Indonesia, Malaysia, and the Philippines represent the largest markets within ASEAN, reflecting their high populations and burgeoning tourism sectors. Major players like Honda, Yamaha, Suzuki, Kawasaki, Piaggio, Triumph, and BMW are actively competing in this dynamic market, continually adapting their offerings and strategies to capitalize on emerging opportunities and cater to evolving customer preferences. Future growth will likely be influenced by government initiatives supporting sustainable transportation and the continued development of reliable and user-friendly rental services. The market's expansion necessitates addressing regulatory challenges and fostering a robust and safe operational environment. Notable trends are: Technological Advancements and Traffic Congestion Are Driving the Growth For 2-Wheeler Rental Market.

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Two-Wheeler Braking System Market Size 2025-2029

The two-wheeler braking system market size is forecast to increase by USD 1.59 billion, at a CAGR of 7.4% between 2024 and 2029.

The market is witnessing significant growth due to the increasing integration of advanced technologies such as traction control systems and sensors. The market is also experiencing a rise in demand, as these systems play a crucial role in managing the braking functions. Motorcycle suspension systems market and motorcycle clutch market are also growing in parallel, as they complement the braking system's functionality. Market trends include the rising electronic content in two-wheelers, which is leading to the development of more sophisticated braking systems. Another trend is the design of remote diagnostics and prognostics for autonomous vehicles, which is expected to revolutionize the industry. However, challenges remain, such as the complexity arising in the development of these advanced braking systems, which can increase production costs and require extensive research and development efforts.

What will be the Size of the Two-Wheeler Braking System Market During the Forecast Period?

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The market encompasses motorcycles and scooters, experiencing significant growth due to urbanization and demographic shifts. Modern electronics, such as anti-lock braking systems (ABS), have become increasingly popular, prioritizing safety and performance for motorists. ABS enhances steerability during emergency braking and reduces braking distance, making it a crucial safety feature. The rural population also contributes to the market's expansion, as two-wheelers offer affordability and maneuverability in less densely populated areas. 
Factors like price competitiveness, fuel efficiency, and emissions regulations influence market dynamics. Copper and brake pads are essential components of the braking system, while electronic components contribute to the integration of advanced technologies. Overall, the market is poised for continued expansion, driven by safety standards, urbanization, and evolving consumer preferences.

How is this Two-Wheeler Braking System Industry segmented and which is the largest segment?

The two-wheeler braking system industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Drum
  Disc


Application

  Motorcycle
  Scooters


Distribution Channel

  OEM
  Aftermarket


Type

  Metal
  Carbon


Geography

  APAC

    China
    India
    Vietnam


  North America

    Canada
    US


  Europe

    Germany
    UK
    Italy


  South America



  Middle East and Africa

By Product Insights

The drum segment is estimated to witness significant growth during the forecast period.

The market encompasses drum and disc brakes for motorcycles and scooters. Drum brakes, featuring shoes or pads that press against the inner surface of a rotating drum, offer lower cost due to simpler construction, yet provide less stopping power than disc brakes. Their resistance to heat build-up makes them popular, especially in urban environments where traffic congestion can cause frequent braking. The market's expansion is driven by the rising demand for two-wheelers, fueled by urbanization and demographic trends. Safety concerns, including the implementation of regulatory standards, have increased consumer awareness, leading to a growing preference for anti-lock braking systems (ABS) and other advanced braking technologies.

The market is further influenced by the emergence of electric mobility, IoT, telematics systems, and cost-efficiency considerations. Key players offering customization options and aftermarket demand for brake friction products. The market is also impacted by emission standards, material science advancements, and the price competitiveness of various brake systems, including drum and disc brakes.

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The drum segment was valued at USD 1.65 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 69% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific (APAC) is primarily driven by the adoption in India, China, and Indonesia. These countries account for approximately 85% of the global two-wheeler market, making APAC the dominant region. The large commuter two-wheeler segments in these countries are cost-effective, leadin