Projected output from existing and announced manufacturing capacity relative to deployment in Southeast Asia in the Stated Policies Scenario, 2030

Sources

IEA analysis based on a range of data sources; see the Manufacturing and Trade Model documentation.

Notes

STEPS = Stated Policies Scenario. Announced projects are as at end Q1 2026. Committed capacity refers to projects that have reached a final investment decision or are under construction. Increased utilisation refers to the gap between 2025 production levels and existing capacity being utilised at 85%. This rate is assumed for both existing and announced manufacturing capacity in 2030.