Component Companies in Malaysia

Component companies in Malaysia are responsible for the production of components and parts used in the manufacturing of finished goods. These companies typically specialize in one or more specific types of components, such as electronic components, metal parts, or plastic parts. In some cases, component companies may also provide assembly services.

The component manufacturing sector in Malaysia is highly diversified, with companies producing a wide range of components for use in a variety of industries. Many component companies are small or medium-sized enterprises (SMEs), and the sector is also home to a number of multinational corporations (MNCs).

The component manufacturing sector plays a vital role in the Malaysian economy, and is a major contributor to the country’s manufacturing output. In 2017, the sector’s output was valued at RM41.8 billion (US$10.4 billion), representing around 4.5% of Malaysia’s total manufacturing output.

The component manufacturing sector is expected to continue to grow in the coming years, supported by strong demand from a number of key industries. In particular, the electronics industry is a major driver of growth for the sector, as Malaysia is a major global hub for the production of electronic goods.