Malaysia Battery Market Size & Share Analysis
May. 06, 2024
Malaysia Battery Market Size & Share Analysis
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*Disclaimer: Major Players sorted in no particular order
The Malaysia battery market is projected to grow from USD 737.94 million in 2023 to USD 954.44 million by 2028, recording a CAGR of 5.28% during this period.
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*Disclaimer: Major Players sorted in no particular order
The Malaysian Battery Market is moderately consolidated. Key players in the market include (in no particular order): FIAMM Energy Technology SpA, GS Yuasa Corporation, ABM Fujiya Berhad, Yokohama Batteries Sdn Bhd, and Leoch Battery Corporation.
The Improvement in Battery Technology and the Increasing Importance of Clean and Green Fuel
The advancements in battery technology and the increasing emphasis on clean and green fuel are significant growth drivers. Notably, the rising demand for batteries in various sectors is propelling the market forward.
The Increasing Demand for Batteries From the Automotive Industry
The automotive industry is witnessing a surge in battery demand, particularly with the growing adoption of electric vehicles (EVs) and hybrid vehicles.
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You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Malaysia Battery Industry Segmentation
A battery is a device that converts chemical energy contained within its active materials directly into electric energy utilizing an electrochemical oxidation-reduction (redox) reaction.
The Malaysian battery market is segmented by technology and application. The market is divided by technology into lead-acid batteries, lithium-ion batteries, and other technologies. By application, the market is categorized into automotive, data centers, telecommunication, energy storage, and other applications (Medical Devices, Power Tools, Defense, etc.). The market sizing and forecasts have been based on revenue (USD).
Battery Technology
- Lead-Acid Battery
- Lithium-Ion Battery
- Other Battery Types
Application
- Automotive
- Data Centers
- Telecommunication
- Energy Storage
- Other Applications (Medical Devices, Power Tools, Defense, Etc.)
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VIDEO: How do you choose the right car battery?
Changing your car battery often catches you by surprise. Unlike tyre changes, where you can monitor tread wear, battery issues can appear suddenly. Most modern cars don’t show clear signs of a weakening battery, leading to unexpected failures. Nevertheless, understanding how to select the right car battery is essential for vehicle maintenance.
When it comes to picking the right battery, you need to consider multiple factors:
Wet vs Dry Cell Batteries
Car batteries are generally categorized into wet cell and dry cell types. Wet cell or conventional batteries require periodic electrolyte top-ups, while dry cell batteries are maintenance-free. Although maintenance-free batteries are costlier, they are more convenient and have become the industry standard.
JIS or DIN Type Batteries
There are two primary battery standards: JIS (Japanese Industrial Standard) and DIN (German Industrial Standard). JIS batteries are common in Japanese and Malaysian cars, while DIN batteries are found in European cars. These batteries are not interchangeable due to their design differences.
JIS Battery Specs
JIS battery codes indicate the cranking power and capacity (e.g., 46B24L). The number 46 refers to starting cranking power, 'B' indicates the size, and 24 denotes the battery length in centimeters. 'L' stands for the position of the positive terminal (left, in this case).
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DIN Battery Specs
DIN battery codes, such as DIN55 and DIN74, reflect the battery's performance rating. Higher numbers correspond to better performance. Detailed specifications like AH (amp-hour), CCA (cold cranking amps), and RC (reserve capacity) can help guide your choice.
Choosing the Right Battery
To simplify the selection process, follow the specifications recommended by your car’s manufacturer. Overspeccing your battery could put excessive load on your car’s alternator, while underspeccing could result in inadequate performance and potential electronic damage.
EFB and AGM Batteries
Cars with auto start-stop functions require enhanced flooded batteries (EFB), while those with both auto start-stop and regenerative braking need absorbent glass mat batteries (AGM). EFBs and AGMs are more durable and designed for specific functions compared to regular batteries.
Choosing Between Brands
In Malaysia, there are over 30 battery brands available. It’s crucial not to skimp on quality as reliable batteries ensure better performance and longevity. Consider factors such as price, weight, and warranty when choosing a battery. Heavier batteries often indicate better quality due to the use of superior materials.
Battery Warranty
The standard car battery warranty in Malaysia is usually 12 months due to the climate. However, some brands offer extended warranties—up to 36 months in some cases. Brands like Amaron provide a comprehensive warranty program with easy registration and robust aftersales support.
In summary, choosing the right car battery involves matching the specifications with your car’s requirements and selecting a reputable brand. For more information, visit advantages of lithium-ion rv battery.
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