Product Code: ETC4424367 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The integration of IoT in the manufacturing sector of Malaysia is revolutionizing traditional production processes. This market is witnessing a paradigm shift towards Industry 4.0, where interconnected devices and systems are driving automation, data-driven decision-making, and predictive maintenance. Manufacturers are leveraging IoT solutions to optimize operations, reduce downtime, and enhance product quality, thereby gaining a competitive edge in the global market.
IoT adoption in Malaysia manufacturing sector is being driven by the need for process optimization and cost reduction. Manufacturers are integrating IoT devices into their production lines to collect and analyze data, leading to better decision-making and improved operational efficiency. The implementation of Industry 4.0 strategies is at the forefront, boosting the IoT in manufacturing market.
In the manufacturing sector, implementing IoT faces challenges related to technology integration. Manufacturers often have legacy systems in place, making it difficult to seamlessly integrate IoT solutions. Additionally, ensuring the reliability and security of IoT-enabled manufacturing processes is a priority, as any disruptions can result in costly downtime. Finally, upskilling the workforce to operate and maintain IoT systems is essential but can be a time-consuming and costly endeavor.
The COVID-19 pandemic brought about a paradigm shift in the IoT in Manufacturing market in Malaysia. Faced with supply chain disruptions and the need for agile production processes, manufacturers turned to IoT technologies to optimize operations. This resulted in a notable increase in investments in IoT solutions for real-time monitoring, predictive maintenance, and process automation. The pandemic underscored the critical role of IoT in building resilient and adaptive manufacturing ecosystems in Malaysia.
In the Malaysia IoT in Manufacturing market, both international and local players are at the forefront of industrial innovation. Siemens and Bosch Rexroth provide advanced IoT solutions to optimize manufacturing processes and enhance efficiency. Local manufacturers like Top Glove have embraced IoT technologies to transform their operations, contributing to Malaysia reputation as a hub for smart manufacturing. These Leading Players are instrumental in elevating the competitiveness of Malaysia manufacturing sector on the global stage.
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 IoT in Manufacturing Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia IoT in Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia IoT in Manufacturing Market - Industry Life Cycle |
3.4 Malaysia IoT in Manufacturing Market - Porter's Five Forces |
3.5 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Services , 2021 & 2031F |
3.8 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.10 Malaysia IoT in Manufacturing Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Malaysia IoT in Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia IoT in Manufacturing Market Trends |
6 Malaysia IoT in Manufacturing Market, By Types |
6.1 Malaysia IoT in Manufacturing Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Solutions Network Management , 2021-2031F |
6.1.4 Malaysia IoT in Manufacturing Market Revenues & Volume, By Data Management, 2021-2031F |
6.2 Malaysia IoT in Manufacturing Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By Process, 2021-2031F |
6.2.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Discrete, 2021-2031F |
6.3 Malaysia IoT in Manufacturing Market, By Services |
6.3.1 Overview and Analysis |
6.3.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By Professional, 2021-2031F |
6.3.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Managed, 2021-2031F |
6.4 Malaysia IoT in Manufacturing Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By Predictive maintenance, 2021-2031F |
6.4.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Business process optimization, 2021-2031F |
6.4.4 Malaysia IoT in Manufacturing Market Revenues & Volume, By Asset tracking and management, 2021-2031F |
6.4.5 Malaysia IoT in Manufacturing Market Revenues & Volume, By Logistics and supply chain management, 2021-2031F |
6.4.6 Malaysia IoT in Manufacturing Market Revenues & Volume, By Real-time workforce tracking and management, 2021-2031F |
6.4.7 Malaysia IoT in Manufacturing Market Revenues & Volume, By Automation control and management, 2021-2031F |
6.5 Malaysia IoT in Manufacturing Market, By Deployment Mode |
6.5.1 Overview and Analysis |
6.5.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By On-premises, 2021-2031F |
6.5.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Cloud, 2021-2031F |
6.6 Malaysia IoT in Manufacturing Market, By Organization Size |
6.6.1 Overview and Analysis |
6.6.2 Malaysia IoT in Manufacturing Market Revenues & Volume, By Small and Medium Enterprises, 2021-2031F |
6.6.3 Malaysia IoT in Manufacturing Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Malaysia IoT in Manufacturing Market Import-Export Trade Statistics |
7.1 Malaysia IoT in Manufacturing Market Export to Major Countries |
7.2 Malaysia IoT in Manufacturing Market Imports from Major Countries |
8 Malaysia IoT in Manufacturing Market Key Performance Indicators |
9 Malaysia IoT in Manufacturing Market - Opportunity Assessment |
9.1 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Services , 2021 & 2031F |
9.4 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.6 Malaysia IoT in Manufacturing Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Malaysia IoT in Manufacturing Market - Competitive Landscape |
10.1 Malaysia IoT in Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Malaysia IoT in Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |