Malaysia Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Malaysia Battery Market Report is Segmented by Battery Technology (Lead-Acid Battery, Lithium-Ion Battery, and Other Battery Types) and Application (Automotive, Data Centers, Telecommunication, Energy Storage, and Other Applications (Medical Devices, Power Tools, Defense, Etc. ). The Report Offers the Market Sizes and Forecasts for Malaysia Battery Market in USD for all the Above Segments.

Malaysia Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Malaysia Battery Market Size

View Global Report
Malaysia Battery Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 0.79 Billion
Market Size (2030) USD 1.04 Billion
CAGR (2025 - 2030) 5.65 %
Market Concentration Medium

Major Players

Malaysia Battery Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Malaysia Battery Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Malaysia Battery Market Analysis

The Malaysia Battery Market size is estimated at USD 0.79 billion in 2025, and is expected to reach USD 1.04 billion by 2030, at a CAGR of 5.65% during the forecast period (2025-2030).

  • In the medium term, factors such as declining prices of lithium-ion batteries and increasing demand for batteries from the automotive industry are likely to drive the Malaysian battery market during the forecast period.
  • On the other hand, the demand-supply mismatch of raw materials, like cobalt, lithium, and copper, is expected to hinder the growth of the Malaysian battery market during the study period.
  • Nevertheless, technological advancements in new battery technologies to store energy are likely to create lucrative growth opportunities for the Malaysian battery market during the forecast period.

Malaysia Battery Industry Overview

The Malaysian battery market is moderately consolidated. Some key players in the market are FIAMM Energy Technology SpA, GS Yuasa Corporation, ABM Fujiya Berhad, Yokohama Batteries Sdn Bhd, and Leoch Battery Corporation.

Malaysia Battery Market Leaders

  1. GS Yuasa Corporation

  2. ABM Fujiya Berhad

  3. Leoch Battery Corporation

  4. Yokohama Batteries Sdn Bhd

  5. FIAMM Energy Technology SpA

  6. *Disclaimer: Major Players sorted in no particular order
Malaysia Battery Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Malaysia Battery Market News

  • April 2024: Leoch International announced the building of two additional lead battery manufacturing plants, one in Malaysia and the other in Mexico. In Malaysia, production test runs for the second plant could start in early 2025.
  • May 2023: EVE Energy Co. Ltd signed a memorandum of understanding (MoU) with Pemaju Kelang Lama Sdn Bhd to develop a state-of-the-art manufacturing facility in Malaysia. The plant will be built in Kedah state. According to a joint statement from the Malaysian Investment Development Authority (MIDA) and EVE, it will focus on producing cylindrical lithium-ion batteries for power tools and electric two-wheelers.
  • January 2023: Citaglobal Bhd collaborated with Indonesia Battery Corporation (IBC) to develop a battery manufacturing plant and battery energy storage system (BESS) in Malaysia. Citaglobal and IBC's collaboration includes designing, developing, and constructing integrated turnkey production facilities for battery cells, modules, and packs for electric vehicles (EVs).

Malaysia Battery Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD million, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Declining Lithium-ion Battery Prices
    • 4.5.1.2 The Increasing Demand for Batteries from the Automotive Industry
    • 4.5.2 Restraints
    • 4.5.2.1 Lack of Supportive Government Policies for Electric Vehicles
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Battery Technology
    • 5.1.1 Lead-acid Battery
    • 5.1.2 Lithium-ion Battery
    • 5.1.3 Other Battery Types
  • 5.2 Application
    • 5.2.1 Automotive
    • 5.2.2 Data Centers
    • 5.2.3 Telecommunication
    • 5.2.4 Energy Storage
    • 5.2.5 Other Applications (Medical Devices, Power Tools, Defense, etc.)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 FIAMM Energy Technology SpA
    • 6.3.2 GS Yuasa Corporation
    • 6.3.3 Yokohama Batteries Sdn Bhd
    • 6.3.4 Leoch Battery Corporation
    • 6.3.5 Amaron Battery Malaysia
    • 6.3.6 EnerSys
    • 6.3.7 Camel Group Co. Ltd
    • 6.3.8 Eclimo Sdn Bhd
    • 6.3.9 Century Motolite Battery Sdn Bhd
    • 6.3.10 ABM Fujiya Berhad
    • 6.3.11 GPA Holding Berhad Group
  • *List Not Exhaustive
  • 6.4 Market Ranking/Share (%) Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 The Improvement in Battery Technology and the Increasing Importance of Clean and Green Fuel
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

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 segmented by technology into lead-acid batteries, lithium-ion batteries, and other technologies. The market is segmented by application into automotive, data centers, telecommunication, energy storage, and other applications (medical devices, power tools, defense, etc.). The market sizes and forecasts for each segment were 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.)
Need A Different Region or Segment?
Customize Now

Malaysia Battery Market Research FAQs

How big is the Malaysia Battery Market?

The Malaysia Battery Market size is expected to reach USD 0.79 billion in 2025 and grow at a CAGR of 5.65% to reach USD 1.04 billion by 2030.

What is the current Malaysia Battery Market size?

In 2025, the Malaysia Battery Market size is expected to reach USD 0.79 billion.

Who are the key players in Malaysia Battery Market?

GS Yuasa Corporation, ABM Fujiya Berhad, Leoch Battery Corporation, Yokohama Batteries Sdn Bhd and FIAMM Energy Technology SpA are the major companies operating in the Malaysia Battery Market.

What years does this Malaysia Battery Market cover, and what was the market size in 2024?

In 2024, the Malaysia Battery Market size was estimated at USD 0.75 billion. The report covers the Malaysia Battery Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Malaysia Battery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Malaysia Battery Industry Report

Statistics for the 2025 Malaysia Battery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Malaysia Battery analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Malaysia Battery Market Report Snapshots