Malaysia Wiring Devices Market Outlook (2021-2027): Market Forecast By Types (Switches, Sockets, Wire Connectors & Others), By Verticals (Residential, Commercial, Industrial & Public And Transport Infrastructure) And Competitive Landscape
March 1, 2022
6wresearch
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Malaysia Wiring Devices Market Outlook (2021-2027): Market Forecast By Types (Switches, Sockets, Wire Connectors & Others), By Verticals (Residential, Commercial, Industrial & Public And Transport Infrastructure) And Competitive Landscape
Abstract Malaysia Wiring Devices Market report thoroughly covers market by types. The market report provides an unbiased and detailed analysis of the on-going 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 Wiring Devices Market Synopsis
Malaysia's wiring devices market grew modestly between 2017 and 2019, owing to the country's developing healthcare tourism sector. Through initiatives outlined in the Malaysia Healthcare Travel Industry Blueprint 2021-2025, government health tourism sector to generate direct revenue of RM800 million in 2022 and RM1.7 billion in 2025, thus strengthening the wire devices market in the forecast period. Furthermore, rising investments in robust infrastructure development projects such as the Centro Mall project, the Bintulu Methanol Plant, and the ALIX Residences, among others, would act as a key catalyst for the overall growth of the wiring devices market.
According to 6Wresearch, Malaysia Wiring Devices Market revenue size is projected to grow at a CAGR of 6.5% during 2021-2027. The outbreak of COVID-19 in 2020 resulted in decline of market revenues due to curtailment measures including nation-wide lockdowns, which in turn led to supply chain disruptions and d. However, as economic conditions normalise and commercial activities resume, the market is expected to recover by 2022 and grow thereafter due to rising investments in public infrastructure and residential projects, which are expected to strengthen the wiring devices market during the forecast period.
Market by Verticals Analysis By Verticals, commercial sector held a highest market revenue share owing to its wide applicability in building wiring, the same trend is projected to persist in the coming years owing to government initiatives such as insight conference to promote and collaborate in the medical travel sector in Malaysia. Further, the Asian area, National Affordable Housing Policy to provide affordable housing among others, would lead to high demand for wiring devices in the residential verticals in the upcoming years.
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 Wiring Devices Market Overview Malaysia Wiring Devices Market Outlook Malaysia Wiring Devices Market Forecast Historical Data and Forecast of Malaysia Wiring Devices Market Revenues for the Period 2017-2027F Historical Data and Forecast of Malaysia Wiring Devices Market Revenues, By Types, for the Period 2017-2027F Historical Data and Forecast of Malaysia Wiring Devices Market Revenues, By Verticals, for the Period 2017-2027F Market Drivers and Restraints Industry Life Cycle Porter’s Five Force Analysis Impact Analysis of COVID-19 Market Trends Malaysia Wiring Devices Market Revenue Share, By Companies Competitive Benchmarking Company Profiles Key Strategic Recommendations
Market Scope and Segmentation The report provides a detailed analysis of the following market segments: By Types Switches Sockets Wire Connectors Others
By Verticals Residential Commercial Industrial Public and Transport Infrastructure
Content Table of Contents
1. Executive Summary 2. Introduction 2.1. Report Description 2.2. Key Highlights of the Report 2.3. Market Scope & Segmentation 2.4. Research Methodology 2.5. Assumptions 3. Malaysia Wiring Devices Market Overview 3.1 Malaysia Wiring Devices Market Revenues, 2017 - 2027F 3.2 Malaysia Wiring Devices Market TAM Analysis 3.3 Malaysia Wiring Devices Market - Industry Life Cycle 3.4 Malaysia Wiring Devices Market - Porter's Five Forces 3.5 Malaysia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3.6 Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Impact of COVID-19 on Malaysia Wiring Devices Market 5. Malaysia Wiring Devices Market Dynamics 5.1 Impact Analysis 5.2 Market Drivers 5.3 Market Restraints 6. Malaysia Wiring Devices Market Trends 7. Malaysia Wiring Devices Market Overview, By Types 7.1 Malaysia Wiring Devices Market Revenues, By Sockets, 2017 - 2027F 7.2 Malaysia Wiring Devices Market Revenues, By Switches, 2017 - 2027F 7.3 Malaysia Wiring Devices Market Revenues, By Wire Connectors, 2017 - 2027F 7.4 Malaysia Wiring Devices Market Revenues, By Others, 2017 - 2027F 8. Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 8.1 Malaysia Wiring Devices Market Revenues, By Residential, 2017 - 2027F 8.2 Malaysia Wiring Devices Market Revenues, By Commercial, 2017 - 2027F 8.3 Malaysia Wiring Devices Market Revenues, By Industrial, 2017 - 2027F 8.4 Malaysia Wiring Devices Market Revenues, By Public and Transport Infrastructure, 2017 - 2027F 9. Malaysia Wiring Devices Market Key Performance Indicators 10. Malaysia Wiring Devices Market Opportunity Assessment 10.1 Malaysia Wiring Devices Market Opportunity Assessment, By Types, 2027F 10.2 Malaysia Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 11. Malaysia Wiring Devices Market Competitive Landscape 11.1 Malaysia Wiring Devices Market Revenue Share/Rankings, By Companies, 2020 11.2 Malaysia Wiring Devices Market Competitive Benchmarking, By Operating and Technical Parameters 12. Company Profiles 12.1 ABB Malaysia Sdn Bhd 12.2 MK Electric (Malaysia) Sdn Bhd 12.3 Eaton Industries Sdn Bhd 12.4 Schneider Electric Industries (M) Sdn Bhd 12.5 Siemens Malaysia Sdn Bhd 12.6 Hager Engineering (M) Sdn. Bhd. 12.7 Panasonic Malaysia Sdn. Bhd. 12.8 Simtone Marketing Sdn. Bhd. 12.9 Art DNA (M) Sdn Bhd 12.10 Liwida Electric Sdn Bhd 13. Key Strategic Recommendations 14. Disclaimer
List of Figures 1. Malaysia Wiring Devices Market Revenues, 2017-2027F (USD Million) 2. Malaysia Wiring Devices Actual Market Revenues and Total Addressable Market Revenues, 2017 & 2020 (USD Million) 3. Malaysia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 4. Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 5. Railway Investment in Malaysia, 2015-40F ($ Billion) 6. Airports Investment in Malaysia, 2015-40F ($ Million) 7. Copper Monthly Price, 2021, USD per Metric Ton 8. Aluminium Monthly Price, 2021, USD per Metric Ton 9. Malaysia Wiring Devices Market Revenues, By Residential Verticals, 2017-2027F (USD Million) 10. Malaysia Wiring Devices Market Revenues, By Commercial Verticals, 2017-2027F (USD Million) 11. Malaysia Wiring Devices Market Revenues, By Industrial Verticals, 2017-2027F (USD Million) 12. Malaysia Wiring Devices Market Revenues, By Verticals, 2017-2027F (USD Million) 13. Malaysia Total Population, 2010-2021 (Thousands) 14. Malaysia Urban and Rural Population (%), 2015 & 2020 15. Electrical & Electronic Approved Manufacturing Projects, 2019 & 2020 (Units) 16. Malaysia New Bank Branches, 2015 & 2020 (Units) 17. Malaysia Healthcare Budget Allocation, 2021(%) 18. Malaysia Health Expenditure, 2016-2018 (% of GDP) 19. International Tourist Visit, 2018 & 2019, (Millions) 20. Increase in Total Expenditure for Tourism Industry, 2018 & 2019 (%) 21. Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 22. Malaysia Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 23. Malaysia Wiring Devices Market Revenue Share, By Companies, 2020 24. Malaysia ICT sector value share & growth rate, 2019
List of Tables 1. Malaysia Wiring Devices Market Revenues, By Types, 2017-2027F (USD Million)
Malaysia Wiring Devices Market report thoroughly covers market by types. The market report provides an unbiased and detailed analysis of the on-going 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 Wiring Devices Market Synopsis
Malaysia's wiring devices market grew modestly between 2017 and 2019, owing to the country's developing healthcare tourism sector. Through initiatives outlined in the Malaysia Healthcare Travel Industry Blueprint 2021-2025, government health tourism sector to generate direct revenue of RM800 million in 2022 and RM1.7 billion in 2025, thus strengthening the wire devices market in the forecast period. Furthermore, rising investments in robust infrastructure development projects such as the Centro Mall project, the Bintulu Methanol Plant, and the ALIX Residences, among others, would act as a key catalyst for the overall growth of the wiring devices market.
According to 6Wresearch, Malaysia Wiring Devices Market revenue size is projected to grow at a CAGR of 6.5% during 2021-2027. The outbreak of COVID-19 in 2020 resulted in decline of market revenues due to curtailment measures including nation-wide lockdowns, which in turn led to supply chain disruptions and d. However, as economic conditions normalise and commercial activities resume, the market is expected to recover by 2022 and grow thereafter due to rising investments in public infrastructure and residential projects, which are expected to strengthen the wiring devices market during the forecast period.
Market by Verticals Analysis By Verticals, commercial sector held a highest market revenue share owing to its wide applicability in building wiring, the same trend is projected to persist in the coming years owing to government initiatives such as insight conference to promote and collaborate in the medical travel sector in Malaysia. Further, the Asian area, National Affordable Housing Policy to provide affordable housing among others, would lead to high demand for wiring devices in the residential verticals in the upcoming years.
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 Wiring Devices Market Overview Malaysia Wiring Devices Market Outlook Malaysia Wiring Devices Market Forecast Historical Data and Forecast of Malaysia Wiring Devices Market Revenues for the Period 2017-2027F Historical Data and Forecast of Malaysia Wiring Devices Market Revenues, By Types, for the Period 2017-2027F Historical Data and Forecast of Malaysia Wiring Devices Market Revenues, By Verticals, for the Period 2017-2027F Market Drivers and Restraints Industry Life Cycle Porter’s Five Force Analysis Impact Analysis of COVID-19 Market Trends Malaysia Wiring Devices Market Revenue Share, By Companies Competitive Benchmarking Company Profiles Key Strategic Recommendations
Market Scope and Segmentation The report provides a detailed analysis of the following market segments: By Types Switches Sockets Wire Connectors Others
By Verticals Residential Commercial Industrial Public and Transport Infrastructure
Table of Contents
1. Executive Summary 2. Introduction 2.1. Report Description 2.2. Key Highlights of the Report 2.3. Market Scope & Segmentation 2.4. Research Methodology 2.5. Assumptions 3. Malaysia Wiring Devices Market Overview 3.1 Malaysia Wiring Devices Market Revenues, 2017 - 2027F 3.2 Malaysia Wiring Devices Market TAM Analysis 3.3 Malaysia Wiring Devices Market - Industry Life Cycle 3.4 Malaysia Wiring Devices Market - Porter's Five Forces 3.5 Malaysia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3.6 Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Impact of COVID-19 on Malaysia Wiring Devices Market 5. Malaysia Wiring Devices Market Dynamics 5.1 Impact Analysis 5.2 Market Drivers 5.3 Market Restraints 6. Malaysia Wiring Devices Market Trends 7. Malaysia Wiring Devices Market Overview, By Types 7.1 Malaysia Wiring Devices Market Revenues, By Sockets, 2017 - 2027F 7.2 Malaysia Wiring Devices Market Revenues, By Switches, 2017 - 2027F 7.3 Malaysia Wiring Devices Market Revenues, By Wire Connectors, 2017 - 2027F 7.4 Malaysia Wiring Devices Market Revenues, By Others, 2017 - 2027F 8. Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 8.1 Malaysia Wiring Devices Market Revenues, By Residential, 2017 - 2027F 8.2 Malaysia Wiring Devices Market Revenues, By Commercial, 2017 - 2027F 8.3 Malaysia Wiring Devices Market Revenues, By Industrial, 2017 - 2027F 8.4 Malaysia Wiring Devices Market Revenues, By Public and Transport Infrastructure, 2017 - 2027F 9. Malaysia Wiring Devices Market Key Performance Indicators 10. Malaysia Wiring Devices Market Opportunity Assessment 10.1 Malaysia Wiring Devices Market Opportunity Assessment, By Types, 2027F 10.2 Malaysia Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 11. Malaysia Wiring Devices Market Competitive Landscape 11.1 Malaysia Wiring Devices Market Revenue Share/Rankings, By Companies, 2020 11.2 Malaysia Wiring Devices Market Competitive Benchmarking, By Operating and Technical Parameters 12. Company Profiles 12.1 ABB Malaysia Sdn Bhd 12.2 MK Electric (Malaysia) Sdn Bhd 12.3 Eaton Industries Sdn Bhd 12.4 Schneider Electric Industries (M) Sdn Bhd 12.5 Siemens Malaysia Sdn Bhd 12.6 Hager Engineering (M) Sdn. Bhd. 12.7 Panasonic Malaysia Sdn. Bhd. 12.8 Simtone Marketing Sdn. Bhd. 12.9 Art DNA (M) Sdn Bhd 12.10 Liwida Electric Sdn Bhd 13. Key Strategic Recommendations 14. Disclaimer
List of Figures 1. Malaysia Wiring Devices Market Revenues, 2017-2027F (USD Million) 2. Malaysia Wiring Devices Actual Market Revenues and Total Addressable Market Revenues, 2017 & 2020 (USD Million) 3. Malaysia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 4. Malaysia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 5. Railway Investment in Malaysia, 2015-40F ($ Billion) 6. Airports Investment in Malaysia, 2015-40F ($ Million) 7. Copper Monthly Price, 2021, USD per Metric Ton 8. Aluminium Monthly Price, 2021, USD per Metric Ton 9. Malaysia Wiring Devices Market Revenues, By Residential Verticals, 2017-2027F (USD Million) 10. Malaysia Wiring Devices Market Revenues, By Commercial Verticals, 2017-2027F (USD Million) 11. Malaysia Wiring Devices Market Revenues, By Industrial Verticals, 2017-2027F (USD Million) 12. Malaysia Wiring Devices Market Revenues, By Verticals, 2017-2027F (USD Million) 13. Malaysia Total Population, 2010-2021 (Thousands) 14. Malaysia Urban and Rural Population (%), 2015 & 2020 15. Electrical & Electronic Approved Manufacturing Projects, 2019 & 2020 (Units) 16. Malaysia New Bank Branches, 2015 & 2020 (Units) 17. Malaysia Healthcare Budget Allocation, 2021(%) 18. Malaysia Health Expenditure, 2016-2018 (% of GDP) 19. International Tourist Visit, 2018 & 2019, (Millions) 20. Increase in Total Expenditure for Tourism Industry, 2018 & 2019 (%) 21. Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 22. Malaysia Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 23. Malaysia Wiring Devices Market Revenue Share, By Companies, 2020 24. Malaysia ICT sector value share & growth rate, 2019
List of Tables 1. Malaysia Wiring Devices Market Revenues, By Types, 2017-2027F (USD Million)