Malaysia Transformer Market (2024-2030) | Value, Companies, Industry, Revenue, Analysis, Forecast, Growth, Size, Trends, Share & Outlook

Topics Covered in Malaysia Transformer Market Report

Malaysia Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. The market 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 Transformer Market Synopsis

Malaysia Transformer Market is expected to register moderate growth owing to the rising development of infrastructure. Increasing government initiatives to promote renewable sources of power backed by the rising need to reduce power theft is driving the market growth. Moreover, a surging population coupled with rising demand for electricity is adding to the Malaysia Transformer Market Share. Rising need to reduce carbon emissions is also driving the development of the market.

According to 6Wresearch, Malaysia Transformer Market size is projected to grow at a CAGR of 5.2% during 2024-2030. Malaysia's electricity consumption has been on the rise in recent years, thanks to an increase in population, economic growth, and urbanization. To sustain economic growth whilst ensuring an uninterrupted energy supply, the Malaysian government has set targets to increase the share of renewable energy sources to 20% by 2025. Investments in the power and electricity sector, including the transformer industry, will be crucial to achieve this target. Malaysia is currently undergoing a massive infrastructural development, particularly in the transportation sector. The government's plan to expand the country's public transportation system, development of ports, and construction of new airports and highways is expected to drive growth in the transformer market. Transformers are essential components of electricity supply systems, and with the expansion of the transportation network, there is a growing need for sophisticated transformers to support the increased demand for energy.

There are several challenges that the transformer market in Malaysia must address. Firstly, the increasing demand and supply gaps in the industry are driving up the price of transformers. This can be attributed to the local manufacturers' inability to keep up with the demand, leading to an increase in imports. Also, Malaysia's local manufacturers face significant challenges such as limited R&D capabilities, high production costs, and a lack of skilled workers.

Transformer Market in Malaysia: Leading Companies

The transformer market in Malaysia is highly competitive, with local and international players vying for market share. Some of the major market players in Malaysia include ABB, Siemens AG, Sanbian Sci-Tech Co., General Electric, and SPX Transformer Solutions. These companies are at the forefront of innovation and technology, constantly striving to introduce advanced products that are efficient and eco-friendly.

Malaysia Transformer Industry: Government Regulations

The Malaysian government promotes sustainable economic growth. They have introduced several regulations to minimize the environmental impact of the transformer industry. The most significant among these regulations is the Energy Efficiency Label (EEL) program. The program aims to improve energy consumption patterns by setting standard efficiency ratings for electrical equipment, including transformers. While creating an awareness of energy-efficient transformers, the EEL helps consumers more readily identify and purchase energy-efficient products.

Market Segmentation by Product

According to Suryakant, Senior Research Manager, 6Wresearch, the distribution transformer segment accounted the significant growth and is expected to lead the market during the upcoming years. 

Market Segmentation by Cooling

Based on cooling, the market is segmented into Dry-Type and Oil Immersed. The demand for dry-type is growing more with each passing day and there is a significant decline in demand for oil immersed segment. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Malaysia Transformer Market Outlook
• Market Size of Malaysia Transformer Market, 2023
• Forecast of Malaysia Transformer Market, 2030
• Historical Data and Forecast of Malaysia Transformer Revenues & Volume for the Period 2020 - 2030
• Malaysia Transformer Market Trend Evolution
• Malaysia Transformer Market Drivers and Challenges
• Malaysia Transformer Price Trends
• Malaysia Transformer Porter's Five Forces
• Malaysia Transformer Industry Life Cycle
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Core for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Closed for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Shell for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Berry for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Product for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Power transformer for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Distribution transformer for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Instrument transformer for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Winding for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Two-winding for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Auto-transformer for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Residential & Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Utility for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Cooling for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Dry type for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Oil Immersed for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Insulation for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Gas for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Oil for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Solid for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Air for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Phase for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Single phase for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By 3 - phase for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By Rating for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By ? 10 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Malaysia Transformer Market Revenues & Volume By > 600 MVA for the Period 2020 - 2030
• Malaysia Transformer Import Export Trade Statistics
• Market Opportunity Assessment By Core
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Winding
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Cooling
• Market Opportunity Assessment By Insulation
• Market Opportunity Assessment By Phase
• Market Opportunity Assessment By Rating
• Malaysia Transformer Top Companies Market Share
• Malaysia Transformer Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Transformer Company Profiles
• Malaysia Transformer Key Strategic Recommendations

Market Scope and Segmentation

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

By Core:

• Closed
• Shell
• Berry

By Product:

• Power Transformer
• Distribution Transformer
• Instrument Transformer
• Others

By Winding:

• Two-Winding
• Auto-Transformer

By Application

• Residential & Commercial
• Utility
• Industrial

By Cooling:

• Dry Type
• Oil Immersed
• By Phase:
• Single Phase
• 3 – Phase

By Rating

• 10 MVA
• 11 MVA To 60 MVA
• 61 MVA To 600 MVA
• >600 MVA

Malaysia Transformer Market (2024-2030): FAQs