Product Code: ETC4465947 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The convergence of robotics and IoT technologies has given rise to the Internet of Robotic Things (IoRT) market in Malaysia. This sector is witnessing significant growth, driven by applications spanning industrial automation, healthcare, and smart cities. The adoption of IoRT solutions is reshaping industries, enhancing operational efficiency, and creating new avenues for innovation. Local companies are investing in research and development to develop cutting-edge IoRT solutions, positioning Malaysia as a key player in this dynamic market.
The Malaysia Internet of Robotic Things (IoRT) market is experiencing robust growth due to the convergence of robotics and IoT technologies. Key drivers for this market include the demand for automation in various industries, the need for efficient and cost-effective solutions, and the potential to enhance productivity and reduce human intervention. Additionally, advancements in artificial intelligence and cloud computing are empowering IoRT systems to perform complex tasks, making them an attractive option for industries such as manufacturing, healthcare, and logistics.
The Malaysia Internet of Robotic Things (IoRT) market is poised for growth, but it faces several challenges. One of the primary challenges is the integration of robotic technologies with IoT systems. Ensuring seamless connectivity between robots and the internet, along with effective data exchange, is a complex task. Furthermore, security and privacy concerns are significant obstacles, as the data generated by robots in various applications needs to be protected from cyber threats and unauthorized access.
The Internet of Robotic Things (IoRT) market in Malaysia has been gaining traction, particularly in industries such as manufacturing, healthcare, and logistics. IoRT involves the integration of robots with IoT technologies to enable them to interact with their environment and make intelligent decisions. This convergence of robotics and IoT has led to advancements in automation, remote monitoring, and autonomous operations. The COVID-19 pandemic accelerated the adoption of IoRT, as businesses sought ways to minimize human contact and maintain operations. This resulted in an increased demand for robotic solutions that could operate seamlessly within IoT ecosystems.
The Malaysia Internet of Robotic Things market is evolving rapidly, with companies like REKA, a homegrown robotics and IoT solutions provider, leading the charge. They offer a wide range of robotic systems with IoT integration for industries such as agriculture and logistics. Additionally, global giants like ABB are actively participating by bringing advanced robotic technologies that are integrated with IoT capabilities to the Malaysia market. The convergence of robotics and IoT is poised to transform various sectors, and these players are instrumental in driving this transformation.
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 Internet of Robotic Things Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Internet of Robotic Things Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Internet of Robotic Things Market - Industry Life Cycle |
3.4 Malaysia Internet of Robotic Things Market - Porter's Five Forces |
3.5 Malaysia Internet of Robotic Things Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Malaysia Internet of Robotic Things Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.7 Malaysia Internet of Robotic Things Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Malaysia Internet of Robotic Things Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Malaysia Internet of Robotic Things Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of automation and robotics in various industries in Malaysia |
4.2.2 Government initiatives to promote digital transformation and Industry 4.0 in the country |
4.2.3 Growing investments in research and development of IoT and robotics technologies |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing IoT and robotic solutions |
4.3.2 Concerns regarding data security and privacy in IoT devices |
4.3.3 Lack of skilled workforce for developing and maintaining IoT and robotic systems |
5 Malaysia Internet of Robotic Things Market Trends |
6 Malaysia Internet of Robotic Things Market, By Types |
6.1 Malaysia Internet of Robotic Things Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Internet of Robotic Things Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Malaysia Internet of Robotic Things Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.4 Malaysia Internet of Robotic Things Market Revenues & Volume, By Actuators, 2021-2031F |
6.1.5 Malaysia Internet of Robotic Things Market Revenues & Volume, By Power source, 2021-2031F |
6.1.6 Malaysia Internet of Robotic Things Market Revenues & Volume, By Control systems, 2021-2031F |
6.1.7 Malaysia Internet of Robotic Things Market Revenues & Volume, By Other, 2021-2031F |
6.2 Malaysia Internet of Robotic Things Market, By Software |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Internet of Robotic Things Market Revenues & Volume, By Real Time Streaming Analytics, 2021-2031F |
6.2.3 Malaysia Internet of Robotic Things Market Revenues & Volume, By Security Solution, 2021-2031F |
6.2.4 Malaysia Internet of Robotic Things Market Revenues & Volume, By Data Management, 2021-2031F |
6.2.5 Malaysia Internet of Robotic Things Market Revenues & Volume, By Remote Monitoring System, 2021-2031F |
6.2.6 Malaysia Internet of Robotic Things Market Revenues & Volume, By Network Bandwidth Management, 2021-2031F |
6.3 Malaysia Internet of Robotic Things Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Internet of Robotic Things Market Revenues & Volume, By Introduction, 2021-2031F |
6.3.3 Malaysia Internet of Robotic Things Market Revenues & Volume, By Device Management Platform, 2021-2031F |
6.3.4 Malaysia Internet of Robotic Things Market Revenues & Volume, By Application Management Platform, 2021-2031F |
6.3.5 Malaysia Internet of Robotic Things Market Revenues & Volume, By Network Management Platform, 2021-2031F |
6.4 Malaysia Internet of Robotic Things Market, By Service |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Internet of Robotic Things Market Revenues & Volume, By Professional Services, 2021-2031F |
6.4.3 Malaysia Internet of Robotic Things Market Revenues & Volume, By Managed Services, 2021-2031F |
7 Malaysia Internet of Robotic Things Market Import-Export Trade Statistics |
7.1 Malaysia Internet of Robotic Things Market Export to Major Countries |
7.2 Malaysia Internet of Robotic Things Market Imports from Major Countries |
8 Malaysia Internet of Robotic Things Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices connected in Malaysia |
8.2 Rate of adoption of robotic automation in key industries |
8.3 Investment growth in IoT and robotic technology research and development |
9 Malaysia Internet of Robotic Things Market - Opportunity Assessment |
9.1 Malaysia Internet of Robotic Things Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Malaysia Internet of Robotic Things Market Opportunity Assessment, By Software, 2021 & 2031F |
9.3 Malaysia Internet of Robotic Things Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Malaysia Internet of Robotic Things Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Malaysia Internet of Robotic Things Market - Competitive Landscape |
10.1 Malaysia Internet of Robotic Things Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Internet of Robotic Things Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |