Malaysia Air Conditioner Market (2024-2030) | Share, Revenue, Size, Growth, Analysis, Trends, Value, Industry, Outlook, Segmentation

Malaysia Air Conditioner (AC) Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 20.24% over the previous year. While Thailand registered a decline of -1.86% over the previous year. While in 2017 China was the largest exporter followed by Thailand. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has a Herfindahl index of 4419 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of  5616 which signifies high concentration in the market

Malaysia Air Conditioner (AC) Market - Export Market Opportunities

Latest (2023) Developments of the Malaysia Air Conditioner (AC) Market

Malaysia Air Conditioner (AC) Market is proliferating, driven by some ongoing developments in the country that are, rising government focus on energy-efficient appliances due to the rising concern about the bad environmental impact, this has stimulated manufacturers to develop energy-efficient air conditioners. Also, with the growing awareness among consumers of the high energy cost of ACs encourages them to invest in energy-efficient ACs to reduce electricity costs. Moreover, the rising demand for smart and technology-enabled ACs from consumers seeking for conveniences with remote controlling features. Additionally, with the growing concern to reduce carbon footprints has shifted manufacturers to use sustainable refrigerants while AC manufacturing. These are the latest trends and opportunities for increasing the Malaysia Air Conditioner Market share in the country in the coming years.

Topics Covered in the Malaysia Air Conditioner Market

Malaysia Air Conditioner Market report thoroughly covers the market by type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Malaysia Air Conditioner (AC) Market is projected to grow over the coming years. Malaysia Air Conditioner (AC) Market report is a part of our periodical regional publication Asia Pacific Air Conditioner (AC) Market Outlook report. 6W tracks the air conditioner market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Air Conditioner (AC) Market outlook report annually.

Malaysia Air Conditioner (AC) Market Synopsis

Malaysia Air Conditioner (AC) Market is anticipated to account significant share during the upcoming years owing to the growing commercial sector. Increasing advancement of technology along with modernization is driving the consumer inclination towards automatic air conditioner further beholds the growth of the market.

According to 6Wresearch, Malaysia Air Conditioner (AC) Market size is projected to grow at a CAGR of 5.7% during 2021-2027. Rising disposable income coupled with increasing migration towards urban areas beholds the growth of the market. Expansion of various industries such as healthcare, tourism, and hospitality behold the growth of the market. Additionally, the rising level of humidity and changing climatic conditions are also contributing to the development of the AC market in Malaysia. Increasing adoption of Air conditioners, especially by middle-class income group people is driving the market. Malaysia occupies the 10th position in terms of market size in the Asia Pacific Air Conditioner (AC) Market. The rising demand for smart and technology-enabled ACs from consumers seeking for conveniences with remote controlling features. Besides, with the growing concern to reduce carbon footprints has shifted manufacturers to use sustainable refrigerants while AC manufacturing. These are some of the factors driving the Malaysia Air Conditioner Market Growth.

COVID-19 Impact on the Malaysia Air Conditioner Market

The COVID-19 pandemic had a significant impact on the Malaysia Air Conditioner (AC) industry. The shutdown of all the ACs stores and ceased in industrial activities in the country due to the government pandemic lockdown imposed, which includes social distancing and restrictions on trade to curb the prevalence of the COVID-19 virus. This reduced the ACs installations in the country, which further affected the Malaysia Air Conditioner (AC) market revenue during the COVID-19 phase. Although, post-COVID-19 ACs demand steadily increased for the advanced air filtration system and have been continue to grow with the rising awareness of quality air and with the rising construction activities.

Key Players in the Malaysia Air Conditioner Market

Some of the key players in the market offering premium quality air conditioners are included:

• Daikin is a leading electronic items supplier and manufacturer in the market and offers a wide range of electronic products, including, air conditioners.
• Panasonic is another well-known air conditioner product supplier in the country supplying premium quality air conditioners and their equipment.
• LG Electronics is well renowned electronic items supplier globally, with a strong market presence in the country that offers a wide spectrum range of air conditioners
• Mitsubishi Electric is an electronic supplier offering a comprehensive range of electronics, including premium-quality air conditioners
• Samsung Malaysia Electronics (SME) is a leading electronic supplier that provides types of air conditioners at affordable prices. 

Market Analysis by Types

In terms of market by type, Room Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years. However, Centralized Air Conditioner is expected to have the fastest growth rate among all types.

Market Analysis by Application

In terms of application, Residential dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Malaysia Air Conditioner Market Outlook
• Market Size of Malaysia Air Conditioner Market, 2020
• Forecast of Malaysia Air Conditioner Market, 2027
• Historical Data and Forecast of Malaysia Air Conditioner Revenues & Volume for the Period 2017 - 2027
• Malaysia Air Conditioner Market Trend Evolution
• Malaysia Air Conditioner Market Drivers and Challenges
• Malaysia Air Conditioner Price Trends
• Malaysia Air Conditioner Porter's Five Forces
• Malaysia Air Conditioner Industry Life Cycle
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Healthcare for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Hospitality for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Air Conditioner Market Revenues & Volume By Others for the Period 2017 - 2027
• Malaysia Air Conditioner Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Malaysia Air Conditioner Top Companies Market Share
• Malaysia Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Air Conditioner Company Profiles
• Malaysia Air Conditioner Key Strategic Recommendations

Market Segmentation

The report provides a detailed analysis of the following market segments:

By Types

• Room Air Conditioner
• Ducted Air Conditioner
• Ductless Air Conditioner
• Centralized Air Conditioner

By Application

• Residential
• Commercial & Retail
• Healthcare
• Hospitality
• Transportation & Infrastructure
• Others