The semiconductor production in Malaysia has shown a substantial growth trajectory from 2013 to 2023, increasing from 19.28 billion units to 33.95 billion units. The early years marked a decline with the largest drop in 2014 (-22.12%) and 2015 (-21.44%). However, from 2016 onwards, the market rebounded with notable growth peaks in 2017 (48.35%) and 2019 (30.52%). In the last two years, the semiconductor market exhibited a moderate growth rate with a 10.83% increase in 2022 and a 4.01% increase in 2023.
Over a five-year period from 2019 to 2023, the Compound Annual Growth Rate (CAGR) averaged a robust 9.03%. Looking ahead, the forecasted CAGR for the next five years is expected to slow down to 2.73%, with a total growth rate of 14.43% by 2028, reaching 40.34 billion units.
Future trends to watch for include technological advancements, global supply chain dynamics, and increased demand for consumer electronics and automotive applications. Potential geopolitical factors and shifts in trade policies may also impact production and growth in this sector.
