Country Report - Malaysia

Country Report - Malaysia
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Electronics output increased by an estimated 5.0% in 2019 but eased to 0.3% in 2020. Growth in the semiconductor segment was offset by falling output across virtually the remainder of the electronics industry as a result of COVID-19, in particular in the first half of the year. Malaysia is one of the world’s leading centres for semiconductor packaging and assembly, with output for the key semiconductor sector increasing by 7.4% in 2019 and by a further 2.8% but then accelerate to 22.0% in 2021 in-line with the boom in the semiconductor market on the back of strong demand and rising prices as result of significant component shortages. The production of passive components increased by 4.6% in 2018 but declined by 1.6% in 2019 and by a further 4.2% in 2020. Output is forecast to increase by 5.0% in 2021 as demand recovers in-line with the recovery in equipment production following COVID-19. The production of video equipment declined 11.3% in 2020 but is forecast to increase by 2% in 2021.  Production is focused on LCD TVs. The production of computer and related equipment increased by 11.8% in 2018 on the back of higher exports before posting growth of 1.8% in 2019. Despite the move to work from home the mix of products produced in Malaysia has, has in general not supported growth, with overall output falling by 4.7%. A strong rebound is forecast for 2021 with provisional forecasts of 15% growth although the shortages of components could subdue growth over the course of the second half of the year. The medical sector has witnessed a surge in output with strong double-digit virtually year on year since 2010, the only exception being 2015 when output declined by 10.1%. Output increased by over 50% in 2019 growth supported by a sharp rise in the export of pacemakers. With the focus in general away from products required to the fight against the pandemic output declined by an estimated 1.0% in 2020, but is forecast to rebound in 2021 with growth forecast to increase by 35%. Control and instrumentation production also experienced growth of over 20% in both 2017 and 2018 before easing to 4.6% in 2019. Despite the pandemic growth in 2020, led by a sharp rise in exports, increased by 11.0% in 2020, the sector accounting for 8.2% of total electronics output. Further double-digit growth is forecast in 2021 as demand increases in-line with the recovery in the global economy.

Table of Contents

Economic Overview
Industry Structure
Production Data 2018-2021
Market Data 2018-2024
Methodologies/Guide to Statistics

Product Coverage

Computing
Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Telecommunications
Consumer
Semiconductors
Passive Components
Other Components

The Malaysian Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Malaysia.

Last Update: September 2021

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