Malaysia Wires & Cables Market (2020-2026) | Growth, Revenue, Forecast, Trends, Value, Share, COVID-19 IMPACT, Outlook, Companies, Size, Analysis & Industry

Market Forecast By Voltage (Low Voltage, Medium Voltage, High Voltage, Extra-High Voltage), By Installation (Overhead, Underground), By End-users (Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication, Others) And Competitive Landscape

Product Code: ETC012706 Publication Date: Oct 2020 Updated Date: Aug 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Malaysia Wires and Cables Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by USA. It has registered a growth of 49.46% over the previous year. While USA registered a growth of 44.41% as compare to the previous year. In the year 2017 China was the largest exporter followed by USA. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has the Herfindahl index of 2107 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2606 which signifies high concentration in the market.

Malaysia Wires and Cables Market - Export Market Opportunities

The latest development (2023) of the Malaysia Wires & Cables Market

 Malaysia Wires & Cables Market is expected to grow remarkably in the years to come. To keep up with the latest trends and technologies in the market many companies in the country have diversified their portfolio by introducing new and latest energy-saving wiring systems which are designed by using advanced materials like solar panels and rechargeable batteries that can be installed directly into homes or buildings without any requirement of external power source supply and this has led to a reduction in the electricity costs. There has also been an increase in the number of companies producing insulated copper or aluminium wires & cables used mainly for electrical installations in high-voltage applications such as substations wind turbines hydroelectric plants etc. This is likely to boost its sales further over the next few years and give a boost to the market.

Topics Covered in Malaysia Wires & Cables Market Report

 Malaysia Wires & Cables Market report thoroughly covers the market by voltage, installation and end user. The 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 Wires & Cables Market is projected to grow over the coming year. Malaysia Wires & Cables Market report is a part of our periodical regional publication Asia Pacific Wires & Cables Market outlook report. 6W tracks Wires & Cables market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Wires & Cables Market outlook report annually.

Malaysia Wires & Cables Market Synopsis

Malaysia Wires & Cables Market is anticipated to project modest growth during the coming years on the back of surging investment in the transmission and distribution sector. Government raising initiatives to promote the deployment of renewable energy resources to reduce the carbon footprints are adding to the growth of the market.

According to 6Wresearch, Malaysia Wires & Cables Market size is likely to register growth during 2020-2026. The strengthening of IT services coupled with the growing number of data centres and the emergence of big data is driving the growth of the market. Additionally, the surging population is driving the energy demand which is further propelling the development of the market. The focus of the government of a country on industrialization and economic growth has led to the growth of various industries and it has fuelled the development of the market. Malaysia has been investing hugely in renewable energy projects such as solar and wind farms and these projects require cables & wires for the transmission of the power. There are some major challenges prevalent in the market. The price of the raw material is the major challenge for the market. Fluctuations in the economy, currency fluctuations, and inflation can hugely impact the overall growth of the market The market is an integral part of the Asia Pacific Wires & Cables Market and these factors negatively affected the overall development of the market.

COVID-19 Impact on Malaysia Wires & Cables Market

The COVID-19 pandemic hugely impacted the Wires & Cables Market in Malaysia as there was uncertainty surrounding the duration of the pandemic and it impacted the overall economy. There was less spending by businesses and consumers on account of constant lockdowns and restrictions on travel. There was disruption in the supply chain which heavily affected both production and demand for wires and cables in Malaysia. The telecommunications sector witnessed a significant increase in demand for data transmission services as remote working and online communication became the new normal during the pandemic.  This major factor drove the need for specialized cables used in data centres and telecommunication networks amid the global health crisis.

Malaysia Wires & Cables Market: Key players

  • Tai Sin Electric Cables (Malaysia) Sdn Bhd
  • Belden Malaysia Sdn Bhd
  • Fujikura (Malaysia) Sdn Bhd
  • Prysmian Group Malaysia Sdn Bhd
  • Universal Cable (M) Berhad
  • KabelMetal (Malaysia) Sdn Bhd
  • LS Cable & System Malaysia Sdn Bhd
  • Sycwin Co. Sdn Bhd
  • Taya Malaysia Sdn Bhd
  • Suruhanjaya Tenaga (ST) Cable Solutions Sdn Bhd

These are the major players who have a strong foothold in the Malaysia Wires & Cables Industry   and are widely engaged in the production and distribution of wires & cables in the country.

Market by Voltage

According to Ravi Bhandari, Research Manager, 6Wresearch the low voltage segment will have a major share in the market due to its use for electrical wiring in residential buildings.

Market by End-user

Based on end users, the market is segmented into Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication, and Others. The Building & Construction industry will lead to Malaysia Wires & Cables Market Growth due to an increase in real estate projects.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019.
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.   
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Malaysia Wires & Cables Market Outlook
  • Market Size of Malaysia Wires & Cables Market, 2019
  • Forecast of Malaysia Wires & Cables Market, 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Revenues & Volume for the Period 2016 - 2026
  • Malaysia Wires & Cables Market Trend Evolution
  • Malaysia Wires & Cables Market Drivers and Challenges
  • Malaysia Wires & Cables Price Trends
  • Malaysia Wires & Cables Porter's Five Forces
  • Malaysia Wires & Cables Industry Life Cycle
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Voltage for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Low Voltage for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Medium Voltage for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By High Voltage for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Extra-High Voltage for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Installation for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Overhead for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Underground for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By End-users for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Aerospace & Defense for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Oil & Gas for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Energy & Power for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By IT & Telecommunication for the Period 2016 - 2026
  • Historical Data and Forecast of Malaysia Wires & Cables Market Revenues & Volume By Others for the Period 2016 - 2026
  • Malaysia Wires & Cables Import Export Trade Statistics
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By End-users
  • Malaysia Wires & Cables Top Companies Market Share
  • Malaysia Wires & Cables Competitive Benchmarking By Technical and Operational Parameters
  • Malaysia Wires & Cables Company Profiles
  • Malaysia Wires & Cables Key Strategic Recommendations

Market Scope and Segmentation

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

By Voltage

  • Low Voltage
  • Medium Voltage
  • High Voltage
  • Extra-High Voltage

By Installation

  • Overhead
  • Underground

By End-users

  • Aerospace & Defence
  • Building & Construction
  • Oil & Gas
  • Energy & Power
  • IT & Telecommunication
  • Others
Malaysia Wires & Cables Market: FAQs
The price of the raw material is the major challenge for the market.
Tai Sin Electric Cables (Malaysia) Sdn Bhd, Belden Malaysia Sdn Bhd and Fujikura (Malaysia) Sdn Bhd are the major players in the market.
The strengthening of IT services coupled with the growing number of data centres and the emergence of big data is driving the growth of the market
Aerospace & Defence, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication Others are the end users
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Malaysia Wires & Cables Market Overview
3.1 Malaysia Wires & Cables Market Revenues & Volume, 2016 - 2026F
3.2 Malaysia Wires & Cables Market - Industry Life Cycle
3.3 Malaysia Wires & Cables Market - Porter's Five Forces
3.4 Malaysia Wires & Cables Market Revenues & Volume Share, By Voltage, 2019 & 2026F
3.5 Malaysia Wires & Cables Market Revenues & Volume Share, By Installation, 2019 & 2026F
3.6 Malaysia Wires & Cables Market Revenues & Volume Share, By End-users, 2019 & 2026F
4 Malaysia Wires & Cables Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Malaysia Wires & Cables Market Trends
6 Malaysia Wires & Cables Market Segmentation
6.1 Malaysia Wires & Cables Market, By Voltage
6.1.1 Overview and Analysis
6.1.2 Malaysia Wires & Cables Market Revenues & Volume, By Low Voltage, 2016 - 2026F
6.1.3 Malaysia Wires & Cables Market Revenues & Volume, By Medium Voltage, 2016 - 2026F
6.1.4 Malaysia Wires & Cables Market Revenues & Volume, By High Voltage, 2016 - 2026F
6.1.5 Malaysia Wires & Cables Market Revenues & Volume, By Extra-High Voltage, 2016 - 2026F
6.2 Malaysia Wires & Cables Market, By Installation
6.2.1 Overview and Analysis
6.2.2 Malaysia Wires & Cables Market Revenues & Volume, By Overhead, 2016 - 2026F
6.2.3 Malaysia Wires & Cables Market Revenues & Volume, By Underground, 2016 - 2026F
6.3 Malaysia Wires & Cables Market, By End-users
6.3.1 Overview and Analysis
6.3.2 Malaysia Wires & Cables Market Revenues & Volume, By Aerospace & Defense, 2016 - 2026F
6.3.3 Malaysia Wires & Cables Market Revenues & Volume, By Building & Construction, 2016 - 2026F
6.3.4 Malaysia Wires & Cables Market Revenues & Volume, By Oil & Gas, 2016 - 2026F
6.3.5 Malaysia Wires & Cables Market Revenues & Volume, By Energy & Power, 2016 - 2026F
6.3.6 Malaysia Wires & Cables Market Revenues & Volume, By IT & Telecommunication, 2016 - 2026F
6.3.7 Malaysia Wires & Cables Market Revenues & Volume, By Others, 2016 - 2026F
7 Malaysia Wires & Cables Market Import-Export Trade Statistics
7.1 Malaysia Wires & Cables Market Export to Major Countries
7.2 Malaysia Wires & Cables Market Imports from Major Countries
8 Malaysia Wires & Cables Market Key Performance Indicators
9 Malaysia Wires & Cables Market - Opportunity Assessment
9.1 Malaysia Wires & Cables Market Opportunity Assessment, By Voltage, 2019 & 2026F
9.2 Malaysia Wires & Cables Market Opportunity Assessment, By Installation, 2019 & 2026F
9.3 Malaysia Wires & Cables Market Opportunity Assessment, By End-users, 2019 & 2026F
10 Malaysia Wires & Cables Market - Competitive Landscape
10.1 Malaysia Wires & Cables Market Revenue Share, By Companies, 2019
10.2 Malaysia Wires & Cables Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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