Market Forecast By Types (Passive , Active, Electro Mechanic), By Applications (Automotive, Communications, Industrial, Computing Applications, Others) And Competitive Landscape
Product Code: ETC036526 | Publication Date: Jun 2024 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Malaysia Electronic Components Market |
Forecast period | 2025-2031 |
CAGR | 6.65% |
Growing Sector | Automotive and Medical Equipment |
Malaysia Electronic Components Market report thoroughly covers the market types and by applications. 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 Electronic Components Market has been primarily driven by the increasing usage of smartphone devices and automotive electronics. These two industries have a strong demand for electronic components. Additionally, the country's growing semiconductor market, which has been boosted by technology advancement and innovation, is also a significant driver of growth in the industry.
According to 6Wresearch, the Malaysia Electronic Components Market size is anticipated to grow at a CAGR of 6.56% during the forecast period of 2025-2031. The growth of the Malaysia electronic components market is driven by several factors such as the increasing demand for electronic products, particularly smartphones, tablets, and laptops. Additionally, the rise of the automotive industry in Malaysia has also contributed to the growth of the electronic components market, as modern vehicles are increasingly reliant on electronic systems for their functionality. The government's push to promote local manufacturing and research and development in the sector is another key driver. The Malaysia electronic components market is witnessing several emerging trends, such as the increasing adoption of IoT, the use of advanced materials such as MEMS and sensors, and the rise of Industry 4.0.
The demand for MEMS sensors is expected to grow at a rapid pace due to their use in various applications such as smartphones, wearables, and automotive. However, the Malaysia electronic components market faces certain challenges such as intense competition from other Asian markets, particularly China and South Korea, which have well-established electronics industries. Another challenge is the shortage of skilled labor, particularly in the field of research and development. The lack of domestic demand for high-end products is another concern as well. The Malaysia electronic components market presents several opportunities for growth, particularly in the areas of research and development and innovation. The government's focus on promoting industry 4.0 and digitalization is expected to drive Malaysia Electronic Components Market Growth. Additionally, the emergence of new technologies such as 5G, IoT, and AI is expected to boost demand for electronic components.
The government has implemented several policies that aim to support the electronic components industry and enhance its competitiveness. One of the most notable policies is the Electronics and Electrical Industry Transformation Plan (EEITP) launched in 2010, which focuses on promoting R&D, boosting exports, and strengthening the supply chain of the industry. In addition, the government has established the Electrical and Electronics Productivity Nexus (EEPN) to help increase the productivity of the industry and develop new high-value-added products. To facilitate the growth of the electronic components industry, the government has also introduced various schemes, such as the Industrial Revolution 4.0 program. This program aims to transform Malaysia into a high-income nation and stimulate the development of Industry 4.0 technologies, including Artificial Intelligence and the Internet of Things.
The Malaysia electronic components market is a highly competitive sector, with several key players dominating the market. Some of the notable players include Infineon Technologies, Intel, Toshiba, STMicroelectronics, and NXP Semiconductors.
The Malaysia electronic components industry is expected to continue growing in the coming years, with the increased adoption of Industry 4.0 technologies, advanced manufacturing, and the development of smart cities. The country's strategic location, skilled workforce, and the government's strong support for the industry make it an attractive investment destination for companies looking to expand their presence in Southeast Asia.
According to Mohit, Senior Research Analyst, 6Wresearch, the passive components segment is one of the leading segments in Malaysia electronic components market. The growth of this segment is attributed to the increasing demand for passive components in various applications, including automotive, communications, industrial, and consumer electronics.
Based on Applications, the automotive segment is dominating the Malaysia Electronic Components Market Share due to the rising demand for advanced safety features in vehicles, such as automatic emergency braking, lane departure warning systems, and blind-spot detection systems.
The report provides a detailed analysis of the following market segments:
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 Electronic Components Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Electronic Components Market - Industry Life Cycle |
3.4 Malaysia Electronic Components Market - Porter's Five Forces |
3.5 Malaysia Electronic Components Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Malaysia Electronic Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Electronic Components Market Trends |
6 Malaysia Electronic Components Market, By Types |
6.1 Malaysia Electronic Components Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Electronic Components Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 Malaysia Electronic Components Market Revenues & Volume, By Passive , 2021 - 2031F |
6.1.4 Malaysia Electronic Components Market Revenues & Volume, By Active, 2021 - 2031F |
6.1.5 Malaysia Electronic Components Market Revenues & Volume, By Electro Mechanic, 2021 - 2031F |
6.2 Malaysia Electronic Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Electronic Components Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 Malaysia Electronic Components Market Revenues & Volume, By Communications, 2021 - 2031F |
6.2.4 Malaysia Electronic Components Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.5 Malaysia Electronic Components Market Revenues & Volume, By Computing Applications, 2021 - 2031F |
6.2.6 Malaysia Electronic Components Market Revenues & Volume, By Others, 2021 - 2031F |
7 Malaysia Electronic Components Market Import-Export Trade Statistics |
7.1 Malaysia Electronic Components Market Export to Major Countries |
7.2 Malaysia Electronic Components Market Imports from Major Countries |
8 Malaysia Electronic Components Market Key Performance Indicators |
9 Malaysia Electronic Components Market - Opportunity Assessment |
9.1 Malaysia Electronic Components Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Malaysia Electronic Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Electronic Components Market - Competitive Landscape |
10.1 Malaysia Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Electronic Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |