Research Report on Southeast Asia Machinery and Equipment Manufacturing Industry 2023-2032

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Description

The development of machinery and equipment manufacturing in Southeast Asian countries varies greatly. According to CRI analysis, Thailand, Vietnam, Malaysia, Indonesia and the Philippines and other countries are growing demand for machinery and equipment, coupled with the cheap labor and land costs in Southeast Asian countries, attracting global machinery and equipment manufacturers to invest in local factories. At present, Vietnam has become the world’s leading exporter of machinery and equipment, machinery and equipment exports are second only to cell phones and components and computers, electronic products and components, making excellent contributions to Vietnam’s GDP.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI’s analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021. The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.

Overall, in recent years, the sales of machinery and equipment manufacturing in Southeast Asian countries show an upward trend, especially in Thailand, Vietnam and other countries of sustained economic growth, prompting rapid growth in sales of machinery and equipment manufacturing.

According to CRI forecast, Southeast Asia machinery and equipment manufacturing industry will maintain growth in 2022-2032. On the one hand, the lower labor costs in Southeast Asian countries will prompt global machinery and equipment manufacturers to shift production capacity to these regions. On the other hand, the rising market demand for machinery and equipment in Southeast Asia will prompt global machinery and equipment manufacturers to increase exports to these countries.

Topics covered:

  • Southeast Asia Machinery and Equipment Manufacturing Industry Status and Major Sources in 2018-2022 
  • What is the Impact of COVID-19 on Southeast Asia Machinery and Equipment Manufacturing Industry?
  • Which Companies are the Major Players in Southeast Asia Machinery and Equipment Manufacturing Industry Market and What are their Competitive Benchmarks?
  • Key Drivers and Market Opportunities in Southeast Asia Machinery and Equipment Manufacturing Industry   
  • What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Machinery and Equipment Manufacturing Industry during 2023-2032?
  • What is the Expected Revenue of Southeast Asia Machinery and Equipment Manufacturing Industry during 2023-2032?
  • What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
  • What are the Competitive Advantages of the Major Players in Southeast Asia Machinery and Equipment Manufacturing Industry Market?
  • Which Segment of Southeast Asia Machinery and Equipment Manufacturing Industry is Expected to Dominate the Market in 2032?
  • What are the Major Adverse Factors Facing Southeast Asia Machinery and Equipment Manufacturing Industry?

Table of Contents

1 Singapore Machinery and Equipment Manufacturing Industry Analysis 

1.1 Singapore Machinery and Equipment Manufacturing Industry Development Environment

1.1.1 Geography 

1.1.2 Population 

1.1.3 Economy 

1.1.4 Minimum Wage of Singapore Manufacturing Industry 

1.2 Singapore Machinery and Equipment Manufacturing Industry Operation 2018-2022

1.2.1 Singapore Machinery and Equipment Manufacturing Industry Production Status

1.2.2 Singapore Machinery and Equipment Manufacturing Industry Sales Status 

1.2.3 Singapore Machinery and Equipment Manufacturing Industry Import and Export Status

1.3 Singapore Major Machinery and Equipment Processing and Trading Enterprise Analysis

 

2 Thailand Machinery and Equipment Manufacturing Industry Analysis 

2.1 Thailand Machinery and Equipment Manufacturing Industry Development Environment

2.1.1 Geography 

2.1.2 Population 

2.1.3 Economy

2.1.4 Minimum Wage of Thailand’s Manufacturing Industry 

2.2 Thailand Machinery and Equipment Manufacturing Industry Operation 2018-2022

2.2.1 Thailand Machinery and Equipment Manufacturing Industry Production Status

2.2.2 Thailand Machinery and Equipment Manufacturing Industry Sales Status 

2.2.3 Thailand Machinery and Equipment Manufacturing Industry Import and Export Status

2.3 Major Machinery and Equipment Processing and Trading Companies in Thailand

 

3 Analysis of the Philippine Machinery and Equipment Manufacturing Industry 

3.1 Development Environment of the Philippine Machinery and Equipment Manufacturing Industry 

3.1.1 Geography

3.1.2 Population 

3.1.3 Economy 

3.1.4 Minimum Wage of Manufacturing Industry in the Philippines

3.2 Philippine Machinery and Equipment Manufacturing Industry Operation 2018-2022 

3.2.1 Production Status of the Philippines Machinery and Equipment Manufacturing Industry

3.2.2 Sales Status of Philippine Machinery and Equipment Manufacturing Industry 

3.2.3 Philippine Machinery and Equipment Manufacturing Industry Import and Export Status

3.3 Major Machinery and Equipment Processing and Trading Companies in the Philippines

 

4 Malaysia Machinery and Equipment Manufacturing Industry Analysis 

4.1 Malaysia Machinery and Equipment Manufacturing Industry Development Environment

4.1.1 Geography 

4.1.2 Population 

4.1.3 Economy 

4.1.4 Minimum Wage in Malaysia Manufacturing Industry 

4.2 Malaysia Machinery and Equipment Manufacturing Industry Operation 2018-2022

4.2.1 Malaysia Machinery and Equipment Manufacturing Industry Production Status

4.2.2 Malaysia Machinery and Equipment Manufacturing Industry Sales Status 

4.2.3 Malaysia Machinery and Equipment Manufacturing Industry Import and Export Status

4.3 Malaysia’s Major Machinery and Equipment Processing and Trading Enterprises

 

5 Indonesia Machinery and Equipment Manufacturing Industry Analysis 

5.1 Indonesia Machinery and Equipment Manufacturing Industry Development Environment

5.1.1 Geography 

5.1.2 Population 

5.1.3 Economy 

5.1.4 Indonesia Manufacturing Minimum Wage 

5.2 Indonesia Machinery and Equipment Manufacturing Industry Operation 2018-2022

5.2.1 Indonesia Machinery and Equipment Manufacturing Industry Production Status

5.2.2 Indonesia Machinery and Equipment Manufacturing Industry Sales Status 

5.2.3 Indonesia Machinery and Equipment Manufacturing Industry Import and Export Status

5.3 Major Machinery and Equipment Processing and Trading Enterprises in Indonesia

 

6 Vietnam Machinery and Equipment Manufacturing Industry Analysis 

6.1 Vietnam Machinery and Equipment Manufacturing Industry Development Environment

6.1.1 Geography 

6.1.2 Population 

6.1.3 Economy 

6.1.4 Minimum Wage of Vietnam Manufacturing Industry 

6.2 Vietnam Machinery and Equipment Manufacturing Industry Operation 2018-2022

6.2.1 Vietnam Machinery and Equipment Manufacturing Industry Production Status

6.2.2 Vietnam Machinery and Equipment Manufacturing Industry Sales Status 

6.2.3 Vietnam Machinery and Equipment Manufacturing Industry Import and Export Status

6.3 Vietnam’s Main Machinery and Equipment Processing and Trading Enterprises

 

7 Analysis of Machinery and Equipment Manufacturing Industry in Myanmar 

7.1 Development Environment of Myanmar Machinery and Equipment Manufacturing Industry 

7.1.1 Geography 

7.1.2 Population 

7.1.3 Economy 

7.1.4 Minimum Wage of Manufacturing Industry in Myanmar 

7.2 Myanmar Machinery and Equipment Manufacturing Industry Operation 2018-2022

7.2.1 Myanmar Machinery and Equipment Manufacturing Industry Production Status

7.2.2 Myanmar Machinery and Equipment Manufacturing Industry Sales Status

7.2.3 Myanmar Machinery and Equipment Manufacturing Industry Import and Export Status

7.3 Major Machinery and Equipment Processing and Trading Enterprises in Myanmar

 

8 Brunei Machinery and Equipment Manufacturing Industry Analysis

8.1 Brunei Machinery and Equipment Manufacturing Industry Development Environment

8.1.1 Geography 

8.1.2 Population

8.1.3 Economy 

8.1.4 Brunei Manufacturing Minimum Wage 

8.2 Brunei Machinery and Equipment Manufacturing Industry Operation 2018-2022

8.2.1 Brunei Machinery and Equipment Manufacturing Industry Production Status 

8.2.2 Brunei Machinery and Equipment Manufacturing Industry Sales Status 

8.2.3 Brunei Machinery and Equipment Manufacturing Industry Import and Export Status

8.3 Brunei’s Major Processing and Trading Enterprises

 

9 Laos Machinery and Equipment Manufacturing Industry Analysis 

9.1 Development Environment of Laos Machinery and Equipment Manufacturing Industry

9.1.1 Geography 

9.1.2 Population 

9.1.3 Economy 

9.1.4 Minimum Wage of Manufacturing Industry in Laos 

9.2 Laos Machinery and Equipment Manufacturing Industry Operation 2018-2022 

9.2.1 Laos Machinery and Equipment Manufacturing Industry Production Status 

9.2.2 Laos Machinery and Equipment Manufacturing Industry Sales Status 

9.2.3 Import and Export Status of Laos Machinery and Equipment Manufacturing Industry

9.3 Major Machinery and Equipment Processing and Trading Enterprises in Laos

 

10 Cambodia Machinery and Equipment Manufacturing Industry Analysis 

10.1 Development Environment of Machinery and Equipment Manufacturing Industry in Cambodia 

10.1.1 Geography 

10.1.2 Population 

10.1.3 Economy 

10.1.4 Minimum Wage of Manufacturing Industry in Cambodia 

10.2 Cambodia Machinery and Equipment Manufacturing Industry Operation 2018-2022

10.2.1 Cambodia Machinery and Equipment Manufacturing Industry Production Status

10.2.2 Cambodia Machinery and Equipment Manufacturing Industry Sales Status 

10.2.3 Cambodia Machinery and Equipment Manufacturing Industry Import and Export Status

10.3 Major Machinery and Equipment Processing and Trading Enterprises in Cambodia

 

11 Southeast Asia Machinery and Equipment Manufacturing Industry Outlook 2023-2032

11.1 Southeast Asia Machinery and Equipment Manufacturing Industry Development Influencing Factors Analysis 

11.1.1 Favorable Factors 

11.1.2 Disadvantageous Factors 

11.2 2023-2032 Southeast Asia Machinery and Equipment Manufacturing Industry Supply Forecast 

11.3 Southeast Asia Machinery and Equipment Manufacturing Market Demand Forecast 2023-2032

11.4 Impact of COVID -19 Epidemic on Machinery and Equipment Manufacturing Industry

Additional information

Publisher

Geography Covered

Date Published

Pages

Charts

Format

Base Year

2023

Base Market Size

421.3

Currency

thousand tires(China's commercial vehicle tire export volume)

Forecast Year

2032

Market Size Forecast

930.2

CAGR

9.2%

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