Malaysia Power Cable Market Outlook (2023-2029) | Analysis, Growth, Revenue, Size, Value, COVID-19 IMPACT, Companies, Trends, Forecast, Share & Industry

Malaysia Power Cable Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by USA. It has registered a growth of 46.34% over the previous year. While USA registered a growth of 120.98% as compare to the previous year. In the year 2017 China was the largest exporter followed by USA. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has the Herfindahl index of 1870 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2092 which signifies moderately concentrated in the market.

Malaysia Power Cable Market - Export Market Opportunities

Topics Covered in Malaysia Power Cable Market Report

Malaysia Power Cable Market report thoroughly covers the market by installation type, voltage, and end use. The market report provides an unbiased and detailed analysis of the on-going 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 Power Cable Market Synopsis

Malaysia Power Cable Market is projected to grow significantly in the years to come on the back of the faster industrialization, as well as urbanization happening across the nation. There is an expansion in demand for efficient and reliable power transmission since more cities in the nation continue to expand and the industries are flourishing.

According to 6Wresearch, Malaysia Power Cable Market size is estimated to experince substantial growth during 2023-2029. The market in the country is being stimulated by many factors and these factors are shaping the growth of the market. One of the major factors encouraging the growth of this market is faster industrialization and urbanization which is happening across this nation. The government of the country focus on infrastructure development which also has a key role to play in the Malaysia Power Cable Market Growth. Malaysia and other nations via massive infrastructure projects need extensive power cable networks. Additionally, rising investment of the country in renewable energy sources like wind as well as solar power has also expanded the demand for these power cables. The country is transitioning towards clean energy solutions, generating opportunities for key companies the specialize in renewable energy cables with strong commitment towards decreasing carbon emissions. Technological advancements have also revolutionized the market.

COVID-19 Impact on Malaysia Power Cable Market

There is no doubt that the COVID-19 pandemic extensively affected the market in the country. The outbreak of the deadly virus led to many disruptions in supply chains, decline un demand for these cables and reduced production capacities. During the pandemic, a number of construction projects put on hold from the government side or many projects were delayed on the back of the lockdown and social distancing measures imposed in order to curb the virus spread. This resulted in a reduction in demand for power cables used in the development of infrastructure. Key players of the market have been focusing on many strategies like improving research and development potential, diversifying their product portfolio, and investing in automation technology in order to enhance productivity.

Key Players of the Market

A number of significant players are operating in this market and the number will grow more in the near future. Some players that are dominating the market are:

• State Grid Corporation of Malaysia (SGCC)
• Shenhua Energy Company Limited.
• Huawei Technologies Co., Ltd
• Prysmian Group

Future of the Malaysia Power Cable Market

There is wonder that the future of this industry is brilliant since the market has become one of the most vital industries in the country and it will flourish more in the years to come. The government of the country focus on infrastructure development which also has a key role to play in the market progression. Rising urbanization and industrialization also fuels the growth of this market in the country. Technological advancements have also been aiding the market to grow well.

Market by Installation Type

According to Parth, Senior Research Analyst, 6Wresearch, it is the submarine segment in the market that has more chances to grow since the demand for this segment is growing faster and smoother in the country.

Market by End Use

On the basis of end use, the Power Cable Market in Malaysia is fragmented into residential, commercial, industrial, and utilities segment. Among these, the residential segment will propel more in the near future. 

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Malaysia Power Cable Market Outlook
• Market Size of Malaysia Power Cable Market, 2022
• Forecast of Malaysia Power Cable Market, 2029
• Historical Data and Forecast of Malaysia Power Cable Revenues & Volume for the Period 2019 - 2029
• Malaysia Power Cable Market Trend Evolution
• Malaysia Power Cable Market Drivers and Challenges
• Malaysia Power Cable Price Trends
• Malaysia Power Cable Porter's Five Forces
• Malaysia Power Cable Industry Life Cycle
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Installation Type for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Overhead for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Underground for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Submarine for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Voltage for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Low for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Medium for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By High for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By End Use for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Residential for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Commercial for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Industrial for the Period 2019 - 2029
• Historical Data and Forecast of Malaysia Power Cable Market Revenues & Volume By Utilities for the Period 2019 - 2029
• Malaysia Power Cable Import Export Trade Statistics
• Market Opportunity Assessment By Installation Type
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By End Use
• Malaysia Power Cable Top Companies Market Share
• Malaysia Power Cable Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Power Cable Company Profiles
• Malaysia Power Cable Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Installation Type

• Overhead
• Underground
• Submarine

By Voltage

• Low
• Medium
• High

By End Use

• Residential
• Commercial
• Industrial
• Utilities