| Product Code: ETC261146 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Electric accumulators, commonly known as batteries, are fundamental components of numerous devices, from portable electronics to electric vehicles. The market in Malaysia is shaped by consumer electronics trends, the automotive industry`s transition to electric vehicles, and renewable energy projects. As consumers seek longer-lasting batteries and the government promotes electric mobility and sustainable energy solutions, the demand for electric accumulators is poised for growth. Technological advancements, such as lithium-ion batteries, will play a crucial role in shaping this market`s future.
The electric accumulators market in Malaysia is driven by the country`s push towards renewable energy and the increasing adoption of electric vehicles (EVs). Accumulators, including batteries, are essential components of EVs and renewable energy systems. Government incentives and environmental awareness are propelling the growth of this market as consumers and industries transition towards cleaner energy solutions.
The electric accumulators market faces challenges associated with battery disposal and recycling. The improper handling of batteries can lead to environmental contamination, prompting the need for better recycling infrastructure.
The electric accumulators market in Malaysia faced challenges during the pandemic due to disruptions in manufacturing and supply chains. With the economic slowdown, there was a temporary decline in demand for electric accumulators used in various applications, including automotive and renewable energy. However, as economic activities pick up and industries prioritize energy storage solutions, the market is likely to recover, with a focus on sustainable and efficient energy storage solutions.
Prominent players in the Malaysia electric accumulators (batteries) market include Exide Malaysia, Century Battery Malaysia, and Amaron Battery Malaysia. These companies produce batteries for automotive, industrial, and consumer applications, ensuring reliable power sources.
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 Electric Accumulators Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Electric Accumulators Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Electric Accumulators Market - Industry Life Cycle |
3.4 Malaysia Electric Accumulators Market - Porter's Five Forces |
3.5 Malaysia Electric Accumulators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Electric Accumulators Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Electric Accumulators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources leading to the adoption of electric accumulators |
4.2.2 Government initiatives and incentives promoting the use of electric accumulators in Malaysia |
4.2.3 Growing awareness about environmental sustainability and the benefits of using electric accumulators |
4.3 Market Restraints |
4.3.1 High initial cost associated with electric accumulators |
4.3.2 Lack of infrastructure for electric accumulator charging stations |
4.3.3 Limited availability of skilled workforce for the maintenance and installation of electric accumulators |
5 Malaysia Electric Accumulators Market Trends |
6 Malaysia Electric Accumulators Market, By Types |
6.1 Malaysia Electric Accumulators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Electric Accumulators Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Electric Accumulators Market Revenues & Volume, By Lead-acid, 2021-2031F |
6.1.4 Malaysia Electric Accumulators Market Revenues & Volume, By Nickel-cadmium, 2021-2031F |
6.1.5 Malaysia Electric Accumulators Market Revenues & Volume, By Lithium-ion, 2021-2031F |
6.1.6 Malaysia Electric Accumulators Market Revenues & Volume, By Fluid acid, 2021-2031F |
6.1.7 Malaysia Electric Accumulators Market Revenues & Volume, By others, 2021-2031F |
6.2 Malaysia Electric Accumulators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Electric Accumulators Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Malaysia Electric Accumulators Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.4 Malaysia Electric Accumulators Market Revenues & Volume, By Smartphones, 2021-2031F |
6.2.5 Malaysia Electric Accumulators Market Revenues & Volume, By Wearables, 2021-2031F |
6.2.6 Malaysia Electric Accumulators Market Revenues & Volume, By Medical Equipment, 2021-2031F |
6.2.7 Malaysia Electric Accumulators Market Revenues & Volume, By Industrial, 2021-2031F |
7 Malaysia Electric Accumulators Market Import-Export Trade Statistics |
7.1 Malaysia Electric Accumulators Market Export to Major Countries |
7.2 Malaysia Electric Accumulators Market Imports from Major Countries |
8 Malaysia Electric Accumulators Market Key Performance Indicators |
8.1 Percentage increase in the number of electric accumulator installations in Malaysia |
8.2 Average time taken for the government to approve incentives and subsidies related to electric accumulators |
8.3 Number of new partnerships or collaborations between electric accumulator manufacturers and local businesses in Malaysia |
9 Malaysia Electric Accumulators Market - Opportunity Assessment |
9.1 Malaysia Electric Accumulators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Electric Accumulators Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Electric Accumulators Market - Competitive Landscape |
10.1 Malaysia Electric Accumulators Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Electric Accumulators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |