Malaysia Electric Motor Market (2020-2026) | Trends, Industry, Growth, Value, Analysis, Revenue, Size, Share, Segmentation, Outlook & COVID-19 IMPACT

Malaysia Electric Motor Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Germany. It has registered a growth of 15.76% over the previous year. While Germany registered a decline of -4.08% as compared to the previous year. In the year 2017, China was the largest exporter followed by Thailand. In term of the Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has a Herfindahl index of 2996 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  4371 which signifies high concentration in the market.

Malaysia Electric Motor Market - Export Market Opportunities

Latest 2023 Developments of the Malaysia Electric Motor Market

The Malaysia Electric Motor Market is experiencing some developments and one of the key trends is the rising demand for motors that are energy-efficient. Manufacturers in the market have been creating new products with the help of new technologies which promise enhanced performance and lower energy consumption. The emergence if advanced motor systems that use advanced sensors and data analytics to reduce downtime and optimize operation. This approach enables businesses to display their motors remotely, make real-time adjustments and identify potential uses. These latest developments that are happening have been boosting the Malaysia Electric Motor Market Growth.

Topics Covered in Malaysia Electric Motor Market Report

Malaysia Electric Motor Market report thoroughly covers the market by motor type, voltage range, applications, and speed. 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 Electric Motor Market is projected to grow over the coming year. Malaysia Electric Motor Market report is a part of our periodical regional publication Asia Pacific Electric Motor Market outlook report. 6W tracks electric motor market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Electric Motor Market outlook report annually.

Malaysia Electric Motor Market Synopsis

Malaysia Electric Motor Market is likely to gain momentum during the upcoming years on account of increasing penetration towards environment issues. The growing agriculture sector along with adoption of modern technology in cultivation drive the need for electric motor machinery further beholds the growth of the market.

According to 6Wresearch, Malaysia Electric Motor Market size is projected to register growth during 2020-2026. The market has been achieving enormous growth as it has been driven by many factors. Increasing government efforts in order to promote the usage of electric vehicle and alleviate the fossil fuels beholds the growth of the market. The government in the country has taken initiatives to develop renewable energy sources and has set targets to expand the share of renewable energy by 2025. This is increasing investments in solar and wind power projects that need well-organized electric motors for operation. Rising development in transportation sector along with introduction of electric vehicle is fueling the growth of the market. Growing population coupled with increasing demand for electricity is driving the development of electric motor market. The rising need for superior machinery control triggers the potential growth of the market.

COVID-19 Impact on Malaysia Electric Motor Market

The coronavirus pandemic affected the operation of the Electric Motor Market in Malaysia just the way it affected the operation of any other market in the world. There is no wondering that the pandemic brought challenging time for markets since the governments around the world had to impose lockdown in order to contain the virus spread. The automotive sector is the significant consumer of these electric motors and the market affected significantly by the pandemic due to which there was a decline in demand for these electric motors and the market had to face difficulties. The health emergency due to the outburst of coronavirus coupled with lockdown beholds the negative growth of the market. The restrictions of movement of goods backed along with shutting down of production units led to the decline in the Malaysia Electric Motor Market Share.

Key Players in Malaysia Electric Motor Market

Players that have been adding value to the market progression include:

• ABB Group
• Siemens AG
• WEG Industries
• TECO Electric & Machinery Co., Ltd.
• Nidec Corporation.

Market by Application

According to Sumit, Senior Research Analyst, 6Wresearch, the HVAC segment is anticipated to dominate the Malaysia Electric Motor Industry during the upcoming period.

Market by Speed

Based on speed, the high-speed segment is likely to lead the market during the upcoming years since there is the increasing demand for high-speed electric motors.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Malaysia Electric Motor Market Outlook
• Market Size of Malaysia Electric Motor Market, 2019
• Forecast of Malaysia Electric Motor Market, 2026
• Historical Data and Forecast of Malaysia Electric Motor Revenues & Volume for the Period 2016 - 2026
• Malaysia Electric Motor Market Trend Evolution
• Malaysia Electric Motor Market Drivers and Challenges
• Malaysia Electric Motor Price Trends
• Malaysia Electric Motor Porter's Five Forces
• Malaysia Electric Motor Industry Life Cycle
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Motor Type for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Voltage Range for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By 10-20 V for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By 21-60 V for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Application for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Household appliances for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Other for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2016 - 2026
• Historical Data and Forecast of Malaysia Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2016 - 2026
• Malaysia Electric Motor Import Export Trade Statistics
• Market Opportunity Assessment By Motor Type
• Market Opportunity Assessment By Voltage Range
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Speed (RPM)
• Malaysia Electric Motor Top Companies Market Share
• Malaysia Electric Motor Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Electric Motor Company Profiles
• Malaysia Electric Motor Key Strategic Recommendations

Market Scope and Segmentation

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

By Motor Type

• Alternate Current (AC) Motor
• Direct Current (DC) Motor
• Hermetic Motor

By Voltage Range

• 9 V & Below
• 10-20 V
• 21-60 V
• 60 V & Above

By Application

• Industrial Machinery
• Motor Vehicles
• Heating
• Ventilating, And Cooling (HVAC) Equipment
• Aerospace & Transportation
• Household Appliances
• Other

By Speed

• Low-Speed Electric Motors (Less Than 1,000 RPM)
• Medium-Speed Electric Motors (1,001-25,000 RPM)
• High-Speed Electric Motors (25,001-75,000 RPM)
• Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM))

Malaysia Electric Motor Market: FAQs