Malaysia Automotive Lubricant Market Outlook to 2025

 

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Automotive Lubricants Market in Malaysia is driven by the Growth in Number of Passenger Vehicles on Road and the rapidly increasing demand for High Performing Lubricants Despite their premium pricing: Ken Research

Increase in income level generally in urban areas contributing towards increasing demand for Passenger Vehicles and a shift in preference to expensive synthetic and semi-synthetic lubricants have driven the market for Automotive Lubricants industry in recent years.

A Significant growth has been observed in the number of passenger vehicles on road majorly due to the fact that people prefer travelling by their own vehicle instead of the public transport. On an average, a passenger car and a motorcycle in Malaysia travels ~2,300 km and ~1,800 km respectively on a monthly basis. Major regional hubs in the Malaysia are the Kuala Lumpur, Penang, Perak, Selangor and Johor as majority of vehicles are located in these regions.

Impact of Covid-19: Demand of Lubricants for Heavy duty diesel vehicles was not affected as the major construction and manufacturing activities were permitted during the lockdown, whereas the sales volume of lubricants for passenger vehicles witnessed a double digit decline due to the travel restrictions by the lockdown and work from home introduced by various companies. The average km travelled by a vehicle in the country also declined si

nce the non-essential movement was not permitted in the country. Major companies faced the challenge of importing raw materials and finished products because of the trade restrictions caused by the Covid Pandemic.

Future Trends: Introduction of lubricants for electric vehicles would be a major trend for Automotive Lubricants Market In Malaysia to cater the increasing number of EVs on road. Companies are being forced to change the formulations for their lubricants to cater the demand for the changing vehicle engine norms. Vehicle owners in Malaysia would be switching towards high performance lubricants despite their premium pricing. The automotive lubricants industry would also be supported by the Malaysian government’s National Automotive Policy which tends to focus on strengthening the capabilities of the domestic automotive industry and creating a mechanism to promote investments to ramp up the domestic production which will result in the increased demand for automotive lubricants.

The report titled “Malaysia Automotive Lubricants Market outlook to FY2026” by Ken Research suggested that the Automotive Lubricants Market revenue is expected to grow at a double digit positive CAGR and the Automotive Lubricants Market sales volume is expected to grow at a single digit positive CAGR. The synthetic lubricants in Malaysia are expected to showcase the highest growth with a positive double digit CAGR and the passenger vehicle lubricants will occupy almost half of the market share in the coming years.

Key Segments Covered in the Report: -

• Market Size of Malaysia Automotive Lubricants in terms of Sales Volume in Mn L, 2020
• Market Size of Malaysia Automotive Lubricants in terms of Sales Revenue in MYR, 2020
• Market Segmentation of Malaysia Automotive Lubricants in terms of Sales Volume in Mn L, 2020

By End User Industry

• Passenger Vehicle
• Commercial Vehicle
• Motorcycles
• Marine

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By Grade

• Synthetic
• Semi-Synthetic
• Mineral

By Type

• Passenger Car Engine Oil
• Heavy Duty Engine Oil
• Motorcycle Oil
• Gear oil and Transmission Oil
• Hydraulic Oil
• Grease and others

By Sales Channel

• OEMs
• Fuel Stations
• OEM Workshops and Spare Part Shops
• Service Stations and Garages
• Online
• Hypermarket/Supermarket

By Viscosity Grade

• 0W-20
• 5W-40
• 10W-40
• 15W-40
• 15W-50
• Others

Key Target Audience

• Lubricant Manufacturing Companies
• Oil Producers
• Lubricant Distributors
• Government Associations

Time Period Captured in the Report: -

Historical Period: 2014–2019

Forecast Period: 2020-2025

Companies Covered:

• Shell
• Petronas
• Total
• Chevron
• Castrol
• Hyrax
• Mobil
• Others

Key Topics Covered in the Report: -

• Automotive Lubricants Market Size on the Basis of Sales Volume and Revenue
• Automotive Lubricants Market Segmentation – By type of Lubricant, By Grade of Lubricant, By Viscosity, By End Users
• Target Addressable Audience – Passenger and Commercial Vehicles, Regional Analysis, Used Car Sales
• Supply Ecosystem and Competition Parameters
• Value chain analysis in the Automotive Lubricants Market in Malaysia
• Demand Scenario
• Trends and Developments in Automotive Industry in Malaysia
• Growth Drivers for Automotive Industry in Malaysia
• Marketing Strategies
• Challenges Faced by Lubricant Producers
• Porter Five Force Analysis
• Emerging Business Strategies
• Best Practises in Business
• Pricing Analysis
• Customer Buying Decision Parameters
• Cross Comparison Between Major Players in The Industry
• Impact of Covid-19 on the Automotive Lubricants Industry in Malaysia
• Future Projections and Market Size for Malaysia Automotive Lubricants Industry

For More Information on the research report, refer to below link: -

Malaysia Automotive Lubricant Market Research Report

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Landscape of Malaysia Medical Education Market-Growth in Medical Graduates, Pushing Candidates to Seek Specialization Contributing to Medical Workforce

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Rise in Cardiovascular and Infectious diseases has given a major push to high precision and portable diagnostic devices eventually driving the consumable and outright sales of Laboratory Equipment in UAE: Ken Research

• Installations of Diagnostic Devices (BGA, POC IAA and TCM) in UAE is expected to grow as demand for new and innovative products is rising in place of conventional centralized systems.
• High disease prevalence and demand for specific diagnosis is expected to drive the demand further with the introduction of technologically advanced equipment in the country.

UAE Diagnostic Devices (BGA, POC IAA and TCM) Market Overview: UAE’s growing healthcare infrastructure is boosting the Diagnostic Devices (BGA, POC IAA and TCM) Market in UAE. The Government of UAE has allotted ~AED 4.8 Bn as the Healthcare budget in 2020. Along with it, the growing privatization in the healthcare sector will boost the demand for Diagnostic Devices (BGA, POC IAA and TCM) in the country. UAE’s growing healthcare infrastructure has been attracting major players from around the world to meet the growing demand for Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) equipment in the country. Apart from the European and American manufacturers many Chinese and Korean manufacturers are also targeting the high potential UAE Diagnostic device market.

Increased focus on Innovation: As market awareness increases, the Diagnostic Devices (BGA, POC IAA and TCM) manufacturers are focusing more on product innovation and addition of latest technologies. IoT integration, resizing the device, adding multiple testing parameters is helping address challenges in UAE’s Healthcare facilities including hospitals and independent labs especially in the government sector. Technological solutions, such as Health IT solutions, mobile and portable systems, increased service offerings are solving the major challenges for medical industry in the country.

Installed base for the Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) to Rise: Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) market in UAE is an import driven market as the country imports majority of the Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) from the European manufacturing countries. POC devices have largely captured the current installed base in blood gas analyzer market while POC Immunoassay and TCM devices are in the process of creating a higher demand by hospitals and independent labs in UAE.

The report titled “UAE Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitors Market Outlook to 2025 – Rising demand for quality healthcare and increasing healthcare privatization will help the diagnostic medical device market to grow in UAE” by Ken Research suggested that the Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) market is expected to grow at a single digit positive CAGR. Increased quality of healthcare and high disease prevalence are driving the market in UAE. The Diagnostic Devices (BGA, POC Immunoassay Analyzer and TCM) revenue in UAE is expected to grow over the next few years owing to the high demand for digital products in the country.

Key Segments Covered

Blood Gas Analyzer

• By Installed Base
• By Revenue
• By Type of Product
• By Type of Demand
• By type of Entity
• By Type of Workload
• By Type of Device
• By type of Sales Mode
• By End User
• By Region

POC Immunoassay Analyzer

• By Installed Base
• By Revenue
• By Type of Product
• By Type of Demand
• By type of Entity
• By type of Sales Mode
• By End User
• By Region

Transcutaneous Monitors

• By Installed Base
• By Type of Product
• By End User
• By Hospital Sector
• By Region

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Key Target Audience

• Healthcare Industry
• Medical Device Manufacturing Companies
• Medical Device Distributors
• Hospitals
• Multi-specialty and Super Specialty Clinics
• Diagnostic Centers
• Sleep Labs Centers
• Home Healthcare Centers

Time Period Captured in the Report:

• Base Year: 2020
• Forecast Period: 2021F–2025F

Companies Covered:

Equipments Manufacturers

• Roche Diagnostics
• Abbott
• Siemens
• Nova Biomedical
• Radiometer
• Techno Medica
• Wondfo
• Osang Healthcare
• i-Sens
• Opti Medical
• Werfen
• Sysmex
• LSI Medicine and Others

Key Topics Covered in the Report

• UAE Diagnostic Device (BGA, POC IAA and TCM) Introduction
• Market Ecosystem
• Value chain Analysis
• Detailed Analysis on Blood Gas Analyzer Market in UAE (Market Size, 2020; Market Segmentation; Market Shares; Product Comparison; Competition; Future Market Size, 2025; Future Trends and Technologies)
• Detailed Analysis on Immunoassay Analyzer Market in UAE (Market Size, 2020; Market Segmentation; Market Shares; Product Comparison; Competition; Future Market Size, 2025; Future Trends and Technologies)
• Detailed Analysis on Transcutaneous Monitors Market in UAE (Market Size, 2020; Market Segmentation; Market Shares; Product Comparison; Competition; Future Market Size, 2025; Future Trends and Technologies)
• Major Challenges in UAE Diagnostic Device (BGA, POC IAA and TCM) Market
• Business Opportunity (Customer Analysis, Major upcoming Healthcare Projects in UAE)
• Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)

Related Reports

Thailand Blood Gas Analyzer and Cardiac Biomarker Market Outlook to 2025 – Blood Gas Analyzer: By Device Type (Medium to High Workload and Single Test Analyzer), By Product (Device and Reagent), By Region

Oman Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitor Market Outlook to 2025 – Remarkable growth in the distribution and quality of health services in Oman has added to previous health achievements and stimulated the growth in future

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

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Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices Fueling Growth in the North America Market: Ken Research

June 2022 | North America Connected Medical Devices Market News

Impact of COVID on North America Connected Medical Devices Market: The ongoing Covid-19 pandemic has positively affected the market for Connected Medical Devices. During the months of lockdowns, limited mobility and restricted contacts, numerous individuals, particularly those affected by the virus, shifted their purchasing preferences towards Connected Medical Devices rather than visiting a care facility. Although the demand was high, disrupted supply chain, limited transportation, lower workforce capacity, and restricted trade/import & export halted the manufacturing of Connected Medical Devices in several cases, resulting in lower sales.

Expanding Use of Technology to Achieve Better-Orchestrated Healthcare delivery

A range of technology provisions are in deployment when it comes to connected medical devices and their use. These devices help unlock patient data siloes to make better clinical decisions in shorter time. Connected medical devices also leverage technologies relating to AI, robotics and block chain to make the services more efficient, faster and accurate.

Adoption of Health Monitoring Devices among Individuals: People becoming more and more conscious about keeping their vital health parameters, such as blood pressure, glucose and heart rate levels, under control is boosting the market. At the same time, patients recovering at home and a significant part of the aging population is adopting these devices for remote monitoring and real-time alerts on their connected user interface.

Analysts at Ken Research in their latest publication “North America Connected Medical Devices Market Outlook and Forecast to 2027 - Driven by Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices” believe that the Connected Medical Devices market is expected to grow due to the efficiency, speed, accuracy and convenience it brings to the field of healthcare.

Key Segments Covered in North America Connected Medical Devices Market:-

North America Connected Medical Devices Market By Components

Medical devices

System and Software

Connectivity Technology

Services

North America Connected Medical Devices Market By Application

Consultation and Diagnosis Services

Treatment Services

Remote Monitoring

Fitness

Wellness Services

North America Connected Medical Devices Market By Product/ Solution

Diagnostic Imaging

Consumables

Patient Aids

Orthopedic and Prosthetic

Dental Products

Other Medical Equipment

North America Connected Medical Devices Market By Type of End User Industry

Hospitals

Nursing Homes

Pathological Labs

Specialty Clinics

Ambulatory Surgical Centers

Home Care Settings and Monitoring

North America Connected Medical Devices Market By Geography and Major Countries

U.S.

Canada

Mexico

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Key Target Audience:-

Connected Medical Devices Manufacturers

Connected Medical Device Product Assemblers

Connected Medical Device Developers

Connected Medical Device Raw Materials Suppliers

Connected Medical Device Components Suppliers

Value-Added Resellers (VARs)

Potential Investors in Connected Medical Device Companies

Distributors and Retailers of Connected Medical Devices

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned:-

Key Competitors in North America Connected Medical Devices Market

Abbott Laboratories

Boston Scientific Corporation

Medtronic.

Philips Corporation

Stryker

NXP Semiconductors

Honeywell

Baxter

GE Healthcare

Beckton, Dickinson and Company (BD)

Masimo Corporation

Drager

Emerging Connected Medical Devices Companies in North America

Bright Uro

Zeta Surgical

Biomotum, INC

Puzzle Medical Devices

Arma Biosciences

Repare Therapeutics

ECGlove

MediQo

To learn more about this study - Request for Free Sample Report

Key Topics Covered in the Report:-

Snapshot of North America Connected Medical Devices Industry

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America Connected Medical Devices Market 

Historic Growth of Overall North America Connected Medical Devices Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Connected Medical Devices Industry

Overview, Product Offerings and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Connected Medical Devices Market

Future Market Forecast and Growth Rates of the Total North America Connected Medical Devices Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Connected Medical Devices Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Connected Medical Devices Companies within Each Major Country

For more information on the research report, refer to below link:-

North America Connected Medical Devices Market

Related Reports:

Philippines Medical Devices Outlook to 2025 (Second Edition)- Rising Cases of Chronic Diseases and Expected Growth in Demand for Cancer Therapy and Dialysis Equipment

Singapore Medical Devices Market Outlook to 2022 - By Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products And Others)

Vietnam Medical Devices Market Outlook to 2022 - By Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopedics and Prosthetics, Patient Aids And Other Medical Devices)

Indonesia Medical Devices Market Outlook to 2022 - By Medical Consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices, By Imports & Domestic Production

UAE Medical Devices Market Outlook to 2025: Driven by technological advancement, increase in the aging population and rise in the prevalence of chronic diseases in the country

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

Frequently Asked Questions:

What is the Study Period of this Market Report?

The North America Connected Medical Devices Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America Connected Medical Devices Market?

The North America Connected Medical Devices Market is expected to witness a CAGR of about 8% over the next 5 years.

What are the Key Factors Driving the North America Connected Medical Devices Market?

Shift Towards Homecare Settings and Rising Prevalence of Chronic Diseases are expected to be the primary drivers of this market.

Which is the Fastest Growing Application Segment within the North America Connected Medical Devices Market?

Remote Monitoring is the fastest growing application segment within the North America Connected Medical Devices Market.

Who are the Key Players in North America Connected Medical Devices Market?

Abbott Laboratories, Boston Scientific Corporation, Medtronic, Philips Corporation, Stryker, NXP Semiconductors, Honeywell, Baxter, GE Healthcare, Becton, Dickinson and Company (BD), Masimo Corporation and Drager are the major companies operating in North America Wearable Electronics Market.

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Ankur Gupta, Head Marketing & Communications

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