Malaysia Switchgear Market (2025-2031) | Companies, Size, Outlook, Growth, Trends, Revenue, Analysis, Value, Forecast, Industry & Share
Market Forecast By Voltage (Low Voltage Switchgear, Medium Voltage Switchgear, High Voltage Switchgear), By Insulation (Medium Voltage Switchgear (Air Insulated, Gas Insulated), High Voltage Switchgear (Air Insulated, Gas Insulated), Low Voltage Switchgear (MCB, MCCB, C&R, ACB, COS, Others)), By Applications (Residential, Commercial, Industrial, Power Utilities) And Competitive Landscape
| Product Code: ETC001670 | Publication Date: May 2022 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Malaysia Switchgear Market Growth Rate
According to 6Wresearch internal database and industry insights, the Malaysia Switchgear Market is projected to expand at a compound annual growth rate (CAGR) of 8.1% during the forecast period 2025–2031.
Malaysia Switchgear Market Highlights
| Report Name | Malaysia Switchgear Market |
| Forecast period | 2025-2031 |
| CAGR | 8.1% |
| Growing Sector | Power Utilities & Industrial Sector |
Topics Covered in the Malaysia Switchgear Market Report
The Malaysia Switchgear Market report thoroughly covers the market by voltage, insulation type, and applications. The report provides an unbiased and detailed analysis of ongoing market trends, growth drivers, restraints, opportunities, and competitive landscape to support stakeholders in aligning their strategies with current and future market dynamics.
Malaysia Switchgear Market Synopsis
The Malaysia Switchgear Market is witnessing major growth over the years, driven by rising industrial automation, expansion of renewable energy projects, and ongoing investments in national power grid modernization. As Malaysia advances toward energy-efficient infrastructure, EV adoption, and smart city development, the demand for advanced switchgear is rapidly escalating.
Evaluation of Growth Drivers in the Malaysia Switchgear Market
Below are some major drivers and their impacts on the market dynamics:
| Drivers | Primary Segments Affected | Why it matters (evidence) |
| Grid Modernization & Transmission Expansion | High & Medium Voltage Switchgear | Tenaga Nasional Berhad is investing in nationwide grid upgrades to improve efficiency, directly boosting the demand for high-voltage and medium-voltage switchgear. |
| Industrial Growth in Manufacturing & Oil & Gas | Medium & Low Voltage Switchgear | Industrial hubs for instance, Johor and Selangor require efficient switchgear solutions for factories, refineries, and process industries. |
| Renewable Energy Expansion | Medium Voltage (GIS) & High Voltage | The large solar and hydro projects of Malaysia demand switchgear for efficient distribution and stability. |
| Smart Cities & Commercial Expansion | Low Voltage Switchgear | Urbanization and smart infrastructure-based projects are launched by governments which drive demand for LV switchgear across different sectors. |
| Rising Data Centers & Digital Infrastructure | LV & MV Switchgear | Malaysia is becoming a regional data hub which requires the reliable low-voltage switchgear for IT and cloud facilities. |
During the forecast period 2025-2031, the Malaysia Switchgear Market Size is predicted to rise at a CAGR of 8.1%. This growth of industry is mainly driven by factors such as grid modernization and transmission expansion. On the other hand, Tenaga Nasional Berhad (TNB) continues to rise the investments in upgrading and expanding the national power grid. This is creating a strong demand for medium and high-voltage switchgear solutions to ensure efficient electricity distribution across the country. Further, commercial complexes, data centres, and residential urbanization are expanding which continues to fuel demand for low and medium voltage switchgear across the country.
Evaluation of Restraints in the Malaysia Switchgear Market
Below mentioned some major restraints and their influence on the market dynamics:
| Restraints | Primary Segments Affected | What this means (evidence) |
| Import Dependency on Advanced Components | High & Medium Voltage Switchgear | The heavy reliance on imports from Japan, China, and Europe leads to the higher costs and supply disruptions. |
| High Initial Installation Costs | Industrial & Utility Projects | Advanced GIS and HV switchgear require significant upfront investment, limiting adoption for small-scale projects. |
| Price Sensitivity in Residential Segment | Low Voltage Switchgear | Consumers and small contractors often choose cheaper alternatives, affecting premium switchgear adoption. |
| Regulatory Delays in Project Approvals | Utility & Industrial | There are delays in government approvals for large infrastructure projects slow switchgear installations. |
| Shortage of Skilled Workforce | MV & HV Installations | Skilled technicians for advanced GIS and automation-integrated switchgear remain limited. |
Malaysia Switchgear Market Challenges
Despite a favourable environment, the Malaysia Switchgear Market faces a few challenges that could hinder progress in the coming years, such as limited domestic production of advanced switchgear technologies, resulting in high import dependency. Further, delays in infrastructure approvals, uneven enforcement of energy efficiency standards, and lack of skilled manpower collectively disrupt the expansion of the market. Additionally, the adoption of advanced GIS systems is restricted due to high capital costs, especially for smaller contractors and regional developers.
Malaysia Switchgear Market Trends
Some major trends reshaping the landscape of the market are:
- Adoption of Smart Switchgear: IoT-integrated switchgear is being adopted for their features such as real-time monitoring, predictive maintenance, and energy optimization.
- Renewable Energy Integration: Solar and hydro projects require medium-voltage GIS and high-voltage AIS, boosting demand for specialized solutions.
- Data Center Growth: Expansion of cloud and IT infrastructure in Malaysia creates consistent demand for low and medium-voltage switchgear.
- Compact & Modular Designs: Preference for space-saving, modular switchgear in commercial and residential projects is rising.
- Eco-Friendly Switchgear (SF6 Alternatives): Transition towards environmentally sustainable insulation systems to replace SF6 gas is gaining traction.
Investment Opportunities in the Malaysia Switchgear Industry
Some potential opportunities exist in the Malaysia Switchgear Industry include:
- Localized Assembly Plants: To reduce dependency on imports by setting up assembly/manufacturing plants in Malaysia.
- Renewable Energy Switchgear Solutions: The demand for specialized switchgear for solar farms and hydropower projects presents huge growth opportunities.
- Smart Grid & IoT-Enabled Switchgear: Integrating IoT with switchgear offers predictive maintenance, reliability, and energy efficiency.
- Data Centre LV & MV Solutions: Increasing demand for secure and stable power in Malaysia’s expanding data centres boosts LV/MV switchgear demand.
- Eco-Friendly Gas Insulated Switchgear: SF6-free GIS technologies are developing, opening up a new niche for environmentally compliant products.
Top 5 Leading Players in the Malaysia Switchgear Market
Some top companies are playing their role in the Malaysia Switchgear Market which include:
1. Siemens Malaysia
| Company Name | Siemens Malaysia |
|---|---|
| Established Year | 1847 |
| Headquarters | Munich, Germany |
| Official Website | Click Here |
Siemens provides medium and high-voltage switchgear solutions in Malaysia, supporting power utilities and industrial automation with advanced GIS and smart switchgear systems.
2. ABB Ltd.
| Company Name | ABB Ltd. |
|---|---|
| Established Year | 1988 |
| Headquarters | Zurich, Switzerland (regional presence in Malaysia) |
| Official Website | Click Here |
ABB delivers energy-efficient medium and high-voltage switchgear integrated with digital monitoring solutions, catering to renewable and smart city projects.
3. Schneider Electric Malaysia
| Company Name | Schneider Electric Malaysia |
|---|---|
| Established Year | 1836 |
| Headquarters | Rueil-Malmaison, France (strong Malaysian presence) |
| Official Website | Click Here |
Schneider Electric is a major supplier of low and medium-voltage switchgear in Malaysia, focusing on residential, commercial, and industrial sectors with emphasis on modular, compact solutions.
4. Mitsubishi Electric Corporation
| Company Name | Mitsubishi Electric Corporation |
|---|---|
| Established Year | 1921 |
| Headquarters | Tokyo, Japan |
| Official Website | Click Here |
Mitsubishi Electric provides advanced high-voltage GIS and AIS solutions for utilities and industrial projects, with strong applications in renewable power plants and large-scale transmission.
5. Hyundai Electric & Energy Systems
| Company Name | Hyundai Electric & Energy Systems |
|---|---|
| Established Year | 1977 |
| Headquarters | Seoul, South Korea |
| Official Website | Click Here |
Hyundai Electric supplies medium and high-voltage switchgear solutions across Malaysia, supporting utilities and industrial infrastructure with reliable power systems.
Government Regulations Introduced in the Malaysia Switchgear Market
According to Malaysian Government Data, the Malaysia Switchgear Market is introduced with energy-efficiency standards and electrical safety certifications for switchgear. NSEP has been established by the government to promote innovation, the use of renewable energy, and environmental conservation in the energy sector. Meanwhile, ICIS is an insurance scheme introduced by the government to minimize the impact of factory accidents. The scheme provides insurance coverage to industries against natural disasters and other accidental losses. Regulatory frameworks from the Energy Commission of Malaysia (EC) mandate efficiency compliance, while green initiatives under Malaysia’s Renewable Energy Roadmap (MyRER) are pushing the adoption of high-efficiency GIS and LV products. Large-scale renewable and transmission upgrades by TNB also align with the government’s net zero carbon targets.
Future Insights of the Malaysia Switchgear Market
The future of the Malaysia Switchgear Market is expected to grow strongly in the presence of major growth factors and emerging trends such as grid modernization, renewable expansion, smart cities, and industrial growth accelerating demand. Advancements in IoT-enabled switchgear, modular LV designs, and eco-friendly GIS systems are further driving innovation. As a result, Malaysia will witness rising investments and stronger participation from both global and local players in the coming years.
Market Segmentation Analysis
The report offers a comprehensive study of the subsequent market segments and their leading categories.
High-voltage to Dominate the Market - By Voltage
According to Anjali, Senior Research Analyst, 6Wresearch, high-voltage switchgear is expected to dominate due to nationwide grid expansion projects and large-scale renewable energy deployment led by utilities like TNB. Medium voltage follows strongly with industrial and commercial expansion, while low voltage remains crucial in residential and small-scale applications.
Gas-insulated Switchgear (GIS) to Dominate the Market - By Insulation
Gas-insulated switchgear (GIS) dominates the medium and high-voltage categories owing to space-saving advantages and reliability in urban infrastructure projects. For low-voltage, MCB and MCCB are most widely used in residential and commercial setups, followed by ACB and C&R units in industrial complexes.
Power Utilities to Dominate the Market - By Applications
Power utilities lead the segment due to heavy investments in transmission and distribution upgrades. Industrial applications follow closely with growth in oil & gas, manufacturing, and data centres. Residential and commercial segments also continue steady demand for LV switchgear with urbanization.
Key Attractiveness of the Report
- 10 Years Market Numbers.
- Historical Data Starting from 2021 to 2024.
- Base Year: 2024.
- Forecast Data until 2031.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Malaysia Switchgear Market Overview
- Malaysia Switchgear Market Outlook
- Malaysia Switchgear Market Forecast
- Historical Data of Malaysia Switchgear Market Revenues & Volume for the Period 2021-2031
- Malaysia Switchgear Market Size and Malaysia Switchgear Market Forecast of Revenues & Volume, Until 2031
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Voltage, for the Period 2021-2031
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Voltage, Until 2031
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Insulation, for the Period 2021-2031
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Insulation, Until 2031
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Applications, for the Period 2021-2031
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Applications, Until 2031
- Market Drivers and Restraints
- Malaysia Switchgear Market Price Trends
- Malaysia Switchgear Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Malaysia Switchgear Market Share, By Players
- Malaysia Switchgear Market Share, By Regions
- Malaysia Switchgear Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Voltage
- Low Voltage Switchgear
- Medium Voltage Switchgear
- High Voltage Switchgear
By Insulation
Medium Voltage Switchgear
- Air Insulated
- Gas Insulated
High Voltage Switchgear
- Air Insulated
- Gas Insulated
Low Voltage Switchgear
- MCB
- MCCB
- C&R
- ACB
- COS
- Others
By Applications
- Residential
- Commercial
- Industrial
- Power Utilities
Malaysia Switchgear Market (2025-2031): FAQs
Grid modernization, renewable energy expansion, industrial growth, and smart city developments are the major drivers.
Malaysia Switchgear Market is projected to grow at a CAGR of 7.2% during 2025-2031.
Key trends include adoption of IoT-enabled switchgear, eco-friendly GIS solutions, rising data centre demand, and modular compact designs.
High import dependency, skilled workforce shortage, project approval delays, and high upfront costs are the major challenges.
6Wresearch actively monitors the Malaysia Switchgear Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Malaysia Switchgear Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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 Report Description |
| 2.2 Key Highlights of The Report |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3. Malaysia Switchgear Market Overview |
| 3.1 Malaysia Country Indicators |
| 3.2 Malaysia Switchgear Market Revenues & Volume 2021-2031F |
| 3.3 Malaysia Switchgear Market Revenue Share, By Voltage, 2021&2031F |
| 3.4 Malaysia Switchgear Market Revenue Share, By Insulation, 2021&2031F |
| 3.5 Malaysia Switchgear Market Revenue Share, By Application, 2021&2031F |
| 3.6 Malaysia Switchgear Market - Industry Life Cycle |
| 3.7 Malaysia Switchgear Market - Porter’s Five Forces |
| 4. Malaysia Switchgear Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing investments in infrastructure development projects in Malaysia |
| 4.2.2 Growing focus on renewable energy sources driving the demand for switchgear |
| 4.2.3 Implementation of smart grid technology in the country |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices impacting manufacturing costs |
| 4.3.2 Stringent regulations and standards for switchgear products in Malaysia |
| 4.3.3 Competition from alternative energy sources like solar power |
| 5. Malaysia Switchgear Market Trends |
| 6. Malaysia Switchgear Market Overview, By Voltage |
| 6.1 Malaysia Switchgear Market Revenues & Volume, By Low Voltage Switchgear 2021-2031F |
| 6.2 Malaysia Switchgear Market Revenues & Volume, By Medium Voltage Switchgear 2021-2031F |
| 6.3 Malaysia Switchgear Market Revenues & Volume, By High Voltage Switchgear 2021-2031F |
| 7. Malaysia Switchgear Market Overview, By Insulation |
| 7.1 Malaysia Switchgear Market Revenues, By Medium Voltage Switchgear, 2021-2031F |
| 7.2 Malaysia Switchgear Market Revenues, By High Voltage Switchgear, 2021-2031F |
| 7.3 Malaysia Switchgear Market Revenues, By Low Voltage Switchgear, 2021-2031F |
| 8. Malaysia Switchgear Market Overview, By Application |
| 8.1 Malaysia Switchgear Market Revenues & Volume, By Residential, 2021-2031F |
| 8.2 Malaysia Switchgear Market Revenues & Volume, By Commercial, 2021-2031F |
| 8.3 Malaysia Switchgear Market Revenues & Volume, By Industrial, 2021-2031F |
| 8.4 Malaysia Switchgear Market Revenues & Volume, By Power Utilities, 2021-2031F |
| 9. Malaysia Switchgear Market - Key Performance Indicators |
| 9.1 Number of infrastructure projects in Malaysia utilizing switchgear technology |
| 9.2 Percentage increase in the adoption of renewable energy sources in the country |
| 9.3 Rate of implementation of smart grid technology in the Malaysian energy sector |
| 10. Malaysia Switchgear Market - Opportunity Assessment |
| 10.1 Malaysia Switchgear Market Opportunity Assessment, By Voltage 2031F |
| 10.2 Malaysia Switchgear Market Opportunity Assessment, By Insulation 2031F |
| 10.3 Malaysia Switchgear Market Opportunity Assessment, By Application, 2031F |
| 11. Malaysia Switchgear Market Competitive Landscape |
| 11.1 Malaysia Switchgear Market Revenue Share, By Company, 2024 |
| 11.2 Malaysia Switchgear Market Competitive Benchmarking, By Operating & Technical Parameters |
| 12. Company Profiles |
| 13. Key Recommendations |
| 14. Disclaimer |
Market Forecast By Voltage(Low Voltage Switchgear, Medium Voltage Switchgear, High Voltage Switchgear), By Insulation(Medium Voltage Switchgear(Air Insulated, Gas Insulated), High Voltage Switchgear(Air Insulated, Gas Insulated), By Types(Low Voltage, Medium Voltage), By Applications(Residential, Commercial, Industrial, Power Utilities) And Competitive Landscape
| Product Code: ETC001670 | Publication Date: Mar 2020 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Surging industrial sector on the account of growing manufacturing and export-oriented activities across several industries along with growing infrastructure development projects in the country are the key drivers for the growth of the switchgear market in Malaysia. Additionally, initiatives such as “Industry 4.0”, coupled with continuous expansion in electrical and electronic equipment manufacturing industries, would further fuel the market of switchgear across the country.
According to 6Wresearch, Malaysia Switchgear Market size is anticipated to register growth during 2020-26. Government measures for economic development and growing focus towards the expansion of the tourism industry would lead to a surge in the construction projects in Malaysia resulting in a surge in demand for the switchgear market in the country. Government initiatives such as the Economic Transformation Program and 11th Malaysian Plan are anticipated to drive the growth of the construction, transportation and manufacturing industries. This would further proliferate the demand for switchgear in the Malaysian market during the forecast period.
Based on voltage, Low voltage switchgear acquired the maximum revenue share in the overall switchgear market. By applications, the industrial segment accounted for the highest revenue share in the overall market, owing to the growing government investment for the development of the industrial sector in the country. Moreover, the grid strengthening and interconnection of regions that involve the establishment of substations in the country is likely to fuel the demand for switchgear during the forthcoming years.
The Malaysia Switchgear market report thoroughly covers the market by types, voltage, insulation, applications, and regions. The Malaysia Switchgear market outlook report provides an unbiased and detailed analysis of the on-going Malaysia Switchgear 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.
Key Highlights of the Report:
- Malaysia Switchgear Market Overview
- Malaysia Switchgear Market Outlook
- Malaysia Switchgear Market Forecast
- Historical Data of Malaysia Switchgear Market Revenues & Volume for the Period 2016-2019
- Malaysia Switchgear Market Size and Malaysia Switchgear Market Forecast of Revenues & Volume, Until 2026
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Types, for the Period 2016-2019
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Types, Until 2026
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Voltage, for the Period 2016-2019
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Voltage, Until 2026
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Insulation, for the Period 2016-2019
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Insulation, Until 2026
- Historical Data of Malaysia Switchgear Market Revenues & Volume, By Applications, for the Period 2016-2019
- Market Size & Forecast of Malaysia Switchgear Market Revenues & Volume, By Applications, Until 2026
- Market Drivers and Restraints
- Malaysia Switchgear Market Price Trends
- Malaysia Switchgear Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Malaysia Switchgear Market Share, By Players
- Malaysia Switchgear Market Share, By Regions
- Malaysia Switchgear Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Malaysia Switchgear Market report provides a detailed analysis of the following market segments:
- By Voltage:
- Low Voltage Switchgear
- Medium Voltage Switchgear
- High Voltage Switchgear
- By Insulation:
- Medium Voltage Switchgear
- Air Insulated
- Gas Insulated
- Others
- High Voltage Switchgear
- Air Insulated
- Gas Insulated
- Others
- Medium Voltage Switchgear
- By Types:
- Low Voltage Switchgear
- MCB
- MCCB
- C&R
- ACB
- COS
- Others
- Medium Voltage Switchgear
- Indoor Switchgear (ISG)
- Outdoor Switchgear (OSG)
- Others
- Low Voltage Switchgear
- By Applications:
- Residential
- Commercial
- Industrial
- Power Utilities
- Other
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