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Evolving Dynamics and Opportunities in in Malaysian Bus Industry 大马巴士业的新发展动力和商机
The Malaysian bus market is not just about transportation it’s a a a a a a a a a a vibrant segment that fuels the country’s mobility and economic growth From vi- brant city streets to rural roads buses are an an an integral part of the country’s transport system The local market includes vari- ous types of buses buses buses such as city buses buses buses school buses buses buses express and tour coaches According to Statista a a a a a a a a a a German online platform that specialises in in in in in data gathering and visualisation the the the revenue in in in the the the Ma- laysian bus market is is is projected to reach US$231 10million in in 2023 Rapid urbani- sation and a a a a a a a a a growing population are some key factors driving market growth In this article Truck & Bus News talked to some major players in in the bus chassis manufacturing market and coach build- ing ing to explore the the key dimensions that define this dynamic industry from the the economic aspect market trends chal- lenges opportunities to the innovations shaping its future The Malaysian bus manufacturing indus- try consists of two primary components: bus bus chassis manufacturers and bus bus body builders Each plays a a a a a a a a a a a vital role in the pro- duction of buses that serve various trans- port needs 16 truck & bus news 2023/5
Hino Volvo Scania MAN Yutong and King Long are the well-known bus chas- sis manufacturers here These estab- lished names provide the fundamental framework on which Malaysia’s diverse bus fleets are built Badanbas Beck Au- tomotive Eng Sdn Sdn Bhd Bhd Coach and Air- cond Industries Sdn Sdn Sdn Bhd Bhd Bhd Global Komited Sdn Sdn Sdn Bhd Bhd Bhd New Hup Lee Coach Coach Manu- facturing Sdn Sdn Sdn Sdn Bhd Bhd Bhd Pioneer Coachbuild- ers Sdn Sdn Sdn Sdn Bhd Bhd Bhd RTG Intech Corp (M) Sdn Sdn Sdn Sdn Bhd Bhd Bhd Bhd Sin Hock Leong Coach Coach Works Sdn Sdn Sdn Sdn Bhd Bhd Bhd Bhd SKS Coachbuilders Sdn Sdn Sdn Bhd Bhd Bhd Bhd Tact Coach Coach & Seat Manufacturing Sdn Sdn Sdn Bhd Bhd Bhd Bhd Terus Maju Services Sdn Sdn Bhd Bhd Truckquip
Sdn Bhd and TW Jaya Enterprise just to name a a a a a a a a a few are the the coachbuilders con- tributing to the the quality and and comfort of lo- cal buses and and coaches In the post-covid scenario Hino Malaysia observed a a a a a a a a a a specific improvement across the the various bus bus bus types and and substantial growth in in the the the city bus bus bus and and express bus bus bus segments This according to the the compa- ny was driven by Hino Malaysia’s initia- tives like Projek Rentas Negeri Negeri Sembilan Sembilan city city bus bus operation operation in in Negeri Negeri Sembilan Sembilan and city city bus bus operation operation in in in Kota Bharu Kelantan which collectively involved a a a a a a a a a significant number of of buses Additionally there was a a a a a a a a a potential for for fleets of of feeder buses for for for Peninsular Malaysia to open new avenues for for growth With the the issuing overdue tenders that were delayed due due to the the the the pandemic the the the company said the the the school bus sec- tor also experienced positive devel- opments “The express bus segment is gradually growing with the the reopening of the the Thai- land/Singapore borders and and express coach companies are operating at at full ca- pacity since then The tourist bus segment unfortunately was heavily impacted by the the pandemic due to to the the decline in in tourist