말레이시아의 전선 및 케이블 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Malaysia wire and Cable Market size was valued at USD 488.11 million in 2025 and is estimated to grow from USD 510.21 million in 2026 to reach USD 655.32 million by 2031, at a CAGR of 5.13% during the forecast period (2026-2031).

This report is Segmented by Voltage (Extra-And High-Voltage, and More), Cable Type (Power Cable, Fiber-Optic Cable, and More), Conductor Material (Copper, and More), Installation (Overhead, and More), End-User Vertical (Telecommunications and Data Centers, Automotive and Mobility, and More), and Insulation (Insulated, and Non-Insulated). The Market Forecasts are Provided in Terms of Value (USD).

Malaysia Wire and Cable Market Trends and Insights

Data Center and Cloud Infrastructure Expansion

Large data center projects are raising demand for extra-high-voltage underground power cables and fiber backbones in Johor and Selangor. Equinix announced in May 2026 that its KL2 facility in Cyberjaya will involve an investment of more than USD 190 million and will provide more than 2,200 cabinets upon completion. These facilities need dedicated bulk-power connections rather than standard building wiring. The resulting projects increase demand for products that few domestic suppliers currently manufacture at scale. This procurement pattern also shortens the qualification cycle for local producers who can meet high-voltage standards.

National Grid Modernization and Reliability Investment

TNB's MYR 43 billion grid modernization commitment is increasing the need for medium-voltage, high-voltage, and extra-high-voltage cables. TNB and the State Grid Corporation of China agreed in October 2025 to collaborate on power system planning, resilient network design, and AI-enabled grid management. These programs require products that meet tighter technical and reliability requirements than standard distribution cables. Utility procurement, therefore, places greater value on testing records, certified quality, and delivery capacity. The Malaysia wire and cable market benefits from grid expansion and reliability work distribute demand across major transmission corridors.

Copper, Aluminum, and Polymer Input Price Volatility

Copper, aluminum, and polymer costs remain important risks because they account for a large share of cable production costs. Polymer pricing is particularly difficult for suppliers operating under long-term fixed-price agreements. Commodity-linked purchase orders can reduce exposure for larger manufacturers, while smaller low-voltage suppliers have less protection. Cost changes can therefore narrow margins even when order volumes remain healthy. The Malaysia wire and cable market may see greater preference for contracts that allow raw-material price adjustments.

Other drivers and restraints analyzed in the detailed report include:

1. Renewable Energy Interconnection and Storage Build-Out
2. Public Transport, Industrial Parks, and Building Electrification
3. Construction Cycle and Project-Approval Exposure

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Low-voltage cables held 41.23% of the Malaysia wire and cable market share in 2025, supported by demand from homes, commercial buildings, and industrial facilities. This category remains the largest-volume application because these projects need extensive internal wiring and distribution networks. Competition in this tier is more fragmented, and material costs can put pressure on pricing. Medium-voltage products serve industrial parks, renewable-energy substations, and commercial developments. These applications provide a stable demand between major transmission projects.

Extra- and high-voltage cables are expected to grow at a 6.12% CAGR from 2026 to 2031. Grid investment and large data center connections require products with higher technical specifications. TNB's cooperation with the State Grid Corporation of China includes resilient network design and power system planning, which support the need for advanced transmission equipment. SIRIM testing and Energy Commission requirements raise the qualification threshold for grid-connected products. Southern Cable Group is adding medium- and extra-high-voltage production lines, targeting full operation in 2027, demonstrating how domestic suppliers are addressing this capability gap.

Power cables accounted for 38.98% of the Malaysia wire and cable market share in 2025. Utility distribution work, renewable-energy connections, and building construction continue to support this large category. Power-cable demand is expected to grow in value as grid upgrades and connection projects proceed. The category also benefits from steady replacement requirements within existing electricity networks. Its broad use across end users gives suppliers a relatively diverse order base.

Fiber-optic cables are projected to grow at a 7.03% CAGR through 2031. Data center construction requires high-capacity fiber systems between facilities and across internal networks. Telekom Malaysia joined the CANDLE submarine cable consortium in September 2025 to develop an 8,000 km system linking Malaysia with several Asian markets and scheduled for operations in 2028. Signal and control cables also benefit from industrial automation, smart-building systems, and charging infrastructure. Telecommunications installations must meet relevant type-approval and IEC requirements, which channels demand toward compliant products.

Complete Report Scope:

• By Voltage
  • Extra- and High-Voltage (Greater Than 35 kV)
  • Medium-Voltage (1-35 kV)
  • Low-Voltage (Less Than 1 kV)
• By Cable Type
  • Power Cable
  • Fiber-Optic Cable
  • Signal and Control Cable
  • Coaxial and Data Cable
• By Conductor Material
  • Copper
  • Aluminum
  • Optical Glass / Polymer
• By Installation
  • Overhead
  • Underground
  • Submarine
• By End-User Vertical
  • Residential Construction
  • Commercial Construction
  • Power Infrastructure (Utilities and Renewables)
  • Telecommunications and Data Centers
  • Oil and Gas and Petrochemicals
  • Automotive and Mobility
  • Industrial Manufacturing
• By Insulation
  • Insulated
  • Non-Insulated

List of Companies Covered in this Report:

1. Southern Cable Group Berhad
2. Tenaga Cable Industries Sdn Bhd
3. Leader Cable Industry Berhad
4. Universal Cable (M) Berhad
5. Prysmian Group Malaysia Sdn Bhd
6. Nexans Malaysia Sdn Bhd
7. Hengtong Optic-Electric Malaysia Sdn Bhd
8. Opcom Holdings Berhad
9. Powerwell Holdings Berhad
10. Cable General Sdn Bhd
11. Kejuruteraan Powerwell Sdn Bhd
12. Prestige Cable Industries Sdn Bhd
13. Malayan Cables Sdn Bhd
14. Crest Cable Sdn Bhd
15. Megacable (M) Sdn Bhd
16. Khind Cable Industries Sdn Bhd
17. Furukawa Electric Co., Ltd.
18. Sumitomo Electric Industries, Ltd.
19. LS Cable & System Ltd.
20. CommScope Technologies LLC
21. Belden Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Data Center and Cloud Infrastructure Expansion
  • 4.2.2 National Grid Modernization and Reliability Investment
  • 4.2.3 Renewable Energy Interconnection and Storage Build-Out
  • 4.2.4 Public Transport, Industrial Parks, and Building Electrification
  • 4.2.5 Integrated Power and Fiber Requirements in Smart Infrastructure
  • 4.2.6 Local Extra-High-Voltage Manufacturing and Import Substitution
• 4.3 Market Restraints
  • 4.3.1 Copper, Aluminum, and Polymer Input Price Volatility
  • 4.3.2 Construction Cycle and Project-Approval Exposure
  • 4.3.3 Limited Domestic Qualification Capacity for Advanced Cable Systems
  • 4.3.4 Thermal, Land, and Water Constraints Around Hyperscale Data Centers
• 4.4 Industry Supply Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 The Impact of Macroeconomic Factors on the Market
• 4.8 Investment Analysis
• 4.9 Porter's Five Forces Analysis
  • 4.9.1 Bargaining Power of Suppliers
  • 4.9.2 Bargaining Power of Buyers
  • 4.9.3 Threat of New Entrants
  • 4.9.4 Threat of Substitutes
  • 4.9.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Voltage
  • 5.1.1 Extra- and High-Voltage (Greater Than 35 kV)
  • 5.1.2 Medium-Voltage (1-35 kV)
  • 5.1.3 Low-Voltage (Less Than 1 kV)
• 5.2 By Cable Type
  • 5.2.1 Power Cable
  • 5.2.2 Fiber-Optic Cable
  • 5.2.3 Signal and Control Cable
  • 5.2.4 Coaxial and Data Cable
• 5.3 By Conductor Material
  • 5.3.1 Copper
  • 5.3.2 Aluminum
  • 5.3.3 Optical Glass / Polymer
• 5.4 By Installation
  • 5.4.1 Overhead
  • 5.4.2 Underground
  • 5.4.3 Submarine
• 5.5 By End-User Vertical
  • 5.5.1 Residential Construction
  • 5.5.2 Commercial Construction
  • 5.5.3 Power Infrastructure (Utilities and Renewables)
  • 5.5.4 Telecommunications and Data Centers
  • 5.5.5 Oil and Gas and Petrochemicals
  • 5.5.6 Automotive and Mobility
  • 5.5.7 Industrial Manufacturing
• 5.6 By Insulation
  • 5.6.1 Insulated
  • 5.6.2 Non-Insulated

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Vendor Positioning Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
  • 6.4.1 Southern Cable Group Berhad
  • 6.4.2 Tenaga Cable Industries Sdn Bhd
  • 6.4.3 Leader Cable Industry Berhad
  • 6.4.4 Universal Cable (M) Berhad
  • 6.4.5 Prysmian Group Malaysia Sdn Bhd
  • 6.4.6 Nexans Malaysia Sdn Bhd
  • 6.4.7 Hengtong Optic-Electric Malaysia Sdn Bhd
  • 6.4.8 Opcom Holdings Berhad
  • 6.4.9 Powerwell Holdings Berhad
  • 6.4.10 Cable General Sdn Bhd
  • 6.4.11 Kejuruteraan Powerwell Sdn Bhd
  • 6.4.12 Prestige Cable Industries Sdn Bhd
  • 6.4.13 Malayan Cables Sdn Bhd
  • 6.4.14 Crest Cable Sdn Bhd
  • 6.4.15 Megacable (M) Sdn Bhd
  • 6.4.16 Khind Cable Industries Sdn Bhd
  • 6.4.17 Furukawa Electric Co., Ltd.
  • 6.4.18 Sumitomo Electric Industries, Ltd.
  • 6.4.19 LS Cable & System Ltd.
  • 6.4.20 CommScope Technologies LLC
  • 6.4.21 Belden Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment