The Vietnam automotive radar market size reached USD 26.32 Million in 2024. The market is projected to reach USD 121.09 Million by 2033, exhibiting a growth rate (CAGR) of 18.48% during 2025-2033. The market is driven by growing government focus on road safety regulations, expansion of advanced driver assistance systems throughout the country, and increasing market entry of global automotive manufacturers establishing local operations and partnerships. These factors, along with extensive R&D efforts, are collectively expanding the Vietnam automotive radar market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 26.32 Million |
Market Forecast in 2033 | USD 121.09 Million |
Market Growth Rate 2025-2033 | 18.48% |
Enhanced Road Safety Regulatory Framework
Vietnam has significantly strengthened its road safety regulatory environment with new legislations. This regulatory push extends beyond child safety to encompass broader vehicle safety technologies, creating a conducive environment for automotive radar adoption. The government's commitment to reducing road traffic fatalities and injuries has led to increased emphasis on mandatory safety features in vehicles. Advanced driver assistance systems, which rely heavily on automotive radar technology, are becoming essential components for vehicle manufacturers seeking to comply with evolving safety standards. This regulatory framework is encouraging both domestic and international automotive manufacturers to integrate more sophisticated radar-based safety systems into their vehicle offerings. The enhanced focus on road safety is creating substantial demand for automotive radar systems across passenger cars and commercial vehicles, as manufacturers prioritize compliance with safety regulations while meeting consumer expectations for advanced safety features.
Rapid ADAS Market Expansion
The Vietnam advanced driver assistance systems market is experiencing robust growth, driven by the expansion of the automotive sector and rising government safety regulations. This growth directly correlates with increased demand for automotive radar systems, which serve as critical components in ADAS applications including adaptive cruise control, autonomous emergency braking, and blind spot detection. Vietnamese consumers are increasingly prioritizing safety features when purchasing vehicles, leading to higher adoption rates of ADAS-equipped vehicles. The integration of radar technology in passenger cars and commercial vehicles is becoming standard practice among manufacturers operating in Vietnam. Additionally, the growing awareness of road safety benefits provided by ADAS features is driving consumer willingness to invest in vehicles equipped with these technologies. The Vietnam automotive radar market growth is further supported by technological advancements in radar systems, making them more affordable and accessible to a broader range of vehicle segments, from economy models to luxury vehicles.
International Manufacturer Market Entry
Vietnam's automotive market witnessed significant international expansion. This influx of global manufacturers is transforming Vietnam's automotive landscape and creating substantial demand for automotive radar technologies. These international companies bring advanced safety standards and ADAS capabilities that rely heavily on radar systems, elevating the overall technology requirements in the Vietnamese market. Many of these brands are planning local assembly operations, which will create local demand for automotive radar components and systems. The competitive environment created by multiple international entrants is driving innovation and cost optimization in radar technology deployment. Furthermore, these manufacturers' global experience with radar-based safety systems is accelerating the adoption timeline in Vietnam, as they introduce vehicles already equipped with advanced radar technologies. The establishment of local partnerships and manufacturing facilities by these international companies is creating a robust ecosystem for automotive radar suppliers and technology providers.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on range, vehicle type, and application.
Range Insights:
The report has provided a detailed breakup and analysis of the market based on range. This includes long range and medium and short range.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on vehicle type have also been provided in the report. This includes passenger cars and commercial vehicles.
Application Insights:
A detailed breakup and analysis of the market based on application have also been provided in the report. This includes adaptive cruise control (ACC), autonomous emergency braking (AEB), blind spot detection (BSD), forward collision warning (FCW), intelligent park assist, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Ranges Covered | Long Range, Medium and Short Range |
Vehicle Types Covered | Passenger Cars, Commercial Vehicles |
Applications Covered | Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning (FCW), Intelligent Park Assist, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: