MALAYSIA BICYCLE MARKET

 

INTRODUCTION

The region’s consumption for bicycles is projected to increase as a result of factors like the rise in women’s participation rates and government efforts. Due to this rising demand, bicycle manufacturers are releasing cutting-edge bicycles and accessories.

 

 

The market for both general and sports bicycles is anticipated to increase due to an expanding base of bicycle applications in recreational and trekking activities as well as an increase in cycling events.

 

It is anticipated that rising media attention to such events and the increasing power of celebrity endorsement would further propel industry expansion. ​

 

MALAYSIA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S No	Overview of Development	Development Detailing	Region of Development	Possible Future Outcomes
1	Youths riding illegally modified bicycles a threat to road safety in Malaysia	People competing on basikal lajak frequently try to adopt the “Superman pose,” which enables them to be more aerodynamic.	Malaysia	This would enhance better Technological Controls
2	Bike Commute KL: cycling to combat climate change	Even for only one day, switching from vehicles to bicycles can benefit the environment.	Malaysia	This would enhance better Technological Controls
3	New rules for micro-mobility vehicles in Malaysia soon	According to the government, a bylaw to regulate micro mobility cars is in the works.	Malaysia	This would enhance better Technological Controls
4	E-scooters and mopeds banned on Malaysian roads	According to the ministry of transportation, some micromobility vehicles cannot be driven on public highways.	Malaysia	This would enhance better Technological Controls

 

MALAYSIA BICYCLE MARKET COMPETITIVE LANDSCAPE

Bicycle sales first experienced a decline as a result of the global shutdown of offline retailers as a result of limitations brought on by the COVID-19 epidemic. However, there has been a recent increase in the number of people attempting to avoid public transit out of fear of getting sick, which has led to a rise in the demand for bicycles.

 

In addition, with consumers becoming more concerned about their health, bicycles are now viewed as a trustworthy and healthy form of transportation.

 

Firefox is a leading mobiliser of the various explorer manufacturer requirements in the market. With its vibrant colour scheme, Firefox Nuke 27.5 D receives an 8/10 for design. It is ideal for individuals looking for adventure while staying on the edgy and rebellious side of bicycling.

 

The road to becoming a pro rider can begin with Firefox Nuke 27.D, so let’s get started. The Firefox Nuke 27.5 D features an Alloy Hardtail Frame with a SUNTOUR XCT front suspension fork with 100mm of travel and hydraulic lockout that smooths out the bumps in the road.

 

Trek Bikes is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The Supercaliber 9.7 eliminates the need to select between hardtail and full-suspension. From the efficient IsoStrut shock to the weight-saving pivotless seat stays that reduce trial chatter, every aspect of this bike is designed for speed.

 

This XC-crushing machine is completed by a lightweight parts specification. Trek’s exclusive lightweight IsoStrut FOX Performance shock is designed specifically for Supercaliber and features an ultra-lightweight, full OCLV Mountain Carbon frame with 60 mm of travel

 

MALAYSIA BICYCLE MARKET COMPANIES PROFILED

• Accell Group
• Bianchi
• Colnago
• Avon Cycles Ltd.
• Cervelo
• Dorel Industries Inc.
• Giant Bicycles
• Merida Industry Co., Ltd.
• Specialized Bicycle Components, Inc.
• SCOTT Sports SA
• Trek Bicycle Corporation
• Atlas Cycles (Haryana) Ltd.