ASEAN: Signal Generator Market 2025

Signal Generator Market Size in ASEAN

The ASEAN signal generator market reached $X in 2021, picking up by 10% against the previous year. Overall, consumption recorded a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Signal Generator Production in ASEAN

In value terms, signal generator production amounted to $X in 2021 estimated in export price. Overall, production recorded a moderate expansion. The growth pace was the most rapid in 2018 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Signal Generator Exports

Exports in ASEAN

In 2021, overseas shipments of signal generators were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a mild decline. The pace of growth was the most pronounced in 2018 with an increase of 236%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, signal generator exports surged to $X in 2021. The total export value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X units) and Malaysia (X units) dominates exports structure, together generating 89% of total exports. It was distantly followed by Thailand (X units), comprising a 5.6% share of total exports. Vietnam (X units) and Indonesia (X units) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +38.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest signal generator supplier in ASEAN, comprising 82% of total exports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total exports. It was followed by Thailand, with a 1.5% share.

In Malaysia, signal generator exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (+25.5% per year) and Thailand (-10.1% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2021, dropping by -7.7% against the previous year. In general, the export price, however, recorded a tangible increase. The growth pace was the most rapid in 2019 when the export price increased by 322% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Malaysia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+11.0%), while the other leaders experienced more modest paces of growth.

Signal Generator Imports

Imports in ASEAN

Signal generator imports skyrocketed to X units in 2021, rising by 67% against the previous year's figure. In general, imports, however, saw a pronounced decrease. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, signal generator imports declined slightly to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 30% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Indonesia represented the largest importing country with an import of about X units, which resulted at 43% of total imports. It was distantly followed by Malaysia (X units), Thailand (X units), Vietnam (X units) and Cambodia (X units), together achieving a 53% share of total imports. Singapore (X units) held a relatively small share of total imports.

Imports into Indonesia decreased at an average annual rate of -3.3% from 2012 to 2021. At the same time, Cambodia (+59.2%), Malaysia (+9.5%), Singapore (+3.8%) and Vietnam (+1.2%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +59.2% from 2012-2021. By contrast, Thailand (-17.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Malaysia, Cambodia, Vietnam, Indonesia and Singapore increased by +14, +9.4, +4.2, +3.6 and +2.3 percentage points, respectively.

In value terms, Malaysia ($X) constitutes the largest market for imported signal generators in ASEAN, comprising 46% of total imports. The second position in the ranking was taken by Singapore ($X), with a 17% share of total imports. It was followed by Vietnam, with an 11% share.

In Malaysia, signal generator imports expanded at an average annual rate of +6.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (-4.8% per year) and Vietnam (+11.9% per year).

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per unit, declining by -41.2% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when the import price increased by 76%. The level of import peaked at $X per unit in 2020, and then declined remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+20.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform