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MIDA Insights - Industry

 

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September 2019 Issue

The Malaysian Aerospace Industry - Soaring to New Heights

Malaysia’s aerospace industry is one of the rapidly growing industries in the country, energised by the implementation of the National Aerospace Industry Blueprint 2030. With over 230 companies involved in the maintenance, repair and overhaul (MRO), aero-manufacturing, education and training, systems integration, as well as engineering and design activities, the industry is growing at an average of 5% for the past ten years.

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August 2019 Issue

The Semiconductor Industry: Moving Up the Value Chain

The semiconductor industry is the primary enabling technology in every production line in the world. Semiconductor devices are essential components of electronic circuits and are made primarily from silicon. They can be found in almost every electrical device such as smartphones, computers and even coffee machines. Companies that operate in the semiconductor industry generally belong to one of these groups:

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July 2019 Issue

Plastic Recycling : Malaysia’s Perspective

Plastics are lightweight and durable materials, which can readily be moulded into a variety of products that can be used in a wide range of applications. In the modern economy, plastics have become ubiquitous material that plays a critical role in the growth of major industries such as automotive, medical devices, construction, electronics and packaging. Unfortunately, the majority of the produced plastics annually are used to make disposable items of packaging or other short-lived products. In addition, the durability of the polymers involved result in substantial amounts of plastics accumulating as debris in landfills and natural habitats worldwide.

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June 2019 Issue

Circular Economy: The Way Forward for Palm-Based Industries

Malaysia is the second largest producers and exporters of palm oil in the world, supported by 4.49 million hectares of oil palm cultivation which produces 17.73 million tonnes of palm oil. This accounts for 11% of the world's oils and fats production and 27% of export trade of oils and fats. Hence, Malaysia assumes an important role to sustainably fulfil the global needs for edible oils and fats.

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May 2019 Issue

Metal Additive Manufacturing

Additive manufacturing technology adds materials and melted it to create a super fine layer of an object which is different from the conservative manufacturing. Conservative manufacturing, often subtract materials via several processes such as milling, machining, grinding and carving in order to produce parts.

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April 2019 Issue

Smart Homes for Smart Living

A ccording to A.T. Kearney, the global smart home market is expected to grow to more than USD50 billion in 2020 and approximately USD400 billion in 2030, representing more than 40 per cent of the total home appliance market. A January 2019 report by ResearchAndMarkets.com also predicts significant growth in the overall smart home market, expecting a compound annual growth rate (CAGR) of 12.02% from USD76.6 billion in 2018 to USD151.4 billion by 2024.

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Last Updated : Thursday 17th October 2019