Vietnam Automotive Rocker Panel Market Size, Share, Trends and Forecast by Type, Vehicle Type, Sales Channel, Material, and Region, 2025-2033

Vietnam Automotive Rocker Panel Market Size, Share, Trends and Forecast by Type, Vehicle Type, Sales Channel, Material, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42825

Vietnam Automotive Rocker Panel Market Overview:

The Vietnam automotive rocker panel market size reached USD 231.20 Million in 2024. The market is projected to reach USD 314.83 Million by 2033, exhibiting a growth rate (CAGR) of 3.49% during 2025-2033. The market is driven by the rapid expansion of Vietnam's electric vehicle sector with government incentives accelerating EV adoption, the strategic influx of Chinese automotive manufacturers establishing local manufacturing operations, and the significant growth in domestic automotive production. Additionally, the increasing localization of automotive components and the establishment of new manufacturing facilities by international brands are expanding the Vietnam automotive rocker panel market share.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 231.20 Million
Market Forecast in 2033 USD 314.83 Million
Market Growth Rate 2025-2033 3.49%


Vietnam Automotive Rocker Panel Market Trends:

Electric Vehicle Integration and Infrastructure Development

The Vietnamese automotive rocker panel market is experiencing significant transformation driven by the country's rapid shift toward electric mobility solutions. VinFast achieved total domestic sales of 87,000 units in 2024, representing a 150% increase compared to 2023 and establishing itself as Vietnam's best-selling automotive brand. The government has implemented comprehensive support policies including 0% registration tax for battery electric vehicles until 2026, reduced import duties, and substantial infrastructure investments. This electric vehicle momentum is directly impacting rocker panel demand as manufacturers require specialized lightweight materials and enhanced structural components to accommodate electric powertrains and battery systems. The shift toward electric vehicles necessitates rocker panels with improved aerodynamics, corrosion resistance, and weight optimization, driving innovation in materials and manufacturing processes throughout Vietnam's automotive supply chain.

Chinese Manufacturing Investment and Market Expansion

The Vietnamese automotive market witnessed an unprecedented influx of Chinese automotive brands in 2024, fundamentally reshaping the competitive landscape and driving increased demand for automotive components including rocker panels. The Vietnam automotive rocker panel market growth is significantly bolstered by the country's strategic focus on expanding domestic automotive production capabilities and increasing component localization rates. Major Chinese manufacturers including BYD, GAC, Aion, Omoda, and Jaecoo have launched their first vehicles in Vietnam, with many planning local assembly operations to meet growing demand. Geely Auto Group established a joint venture with Tasco for automobile assembly in Thai Binh province, planning for an initial annual production capacity of 75,000 units with a USD 168 Million investment. This expansion of Chinese automotive presence is creating substantial opportunities for Vietnamese rocker panel manufacturers to supply both original equipment and aftermarket segments, as these companies prioritize local sourcing to reduce costs and comply with emerging trade regulations.

Vietnam Automotive Rocker Panel Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecast at the regional levels from 2025-2033. Our report has categorized the market based on type, vehicle type, sales channel, and material.

Type Insights:

  • Lower Quarter Panels
  • Door Rocker Panels

The report has provided a detailed breakup and analysis of the market based on the type. This includes lower quarter panels and door rocker panels.

Vehicle Type Insights:

  • Light Duty Vehicles
  • Medium Duty Vehicles
  • Heavy Duty Vehicles

A detailed breakup and analysis of the market based on vehicle type have also been provided in the report. This includes light duty vehicles, medium duty vehicles, and heavy duty vehicles.

Sales Channel Insights:

  • Aftermarket
  • Original Equipment Manufacturers (OEMs)

The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes aftermarket and original equipment manufacturers (OEMs).

Material Insights:

  • Stainless Steel
  • Fiber
  • Rubber

A detailed breakup and analysis of the market based on material have also been provided in the report. This includes stainless steel, fiber, and rubber.

Regional Insights:

  • Northern Vietnam
  • Central Vietnam
  • Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

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.

Vietnam Automotive Rocker Panel Market News:

  • December 2024: VinFast announced the construction of a new completely knocked down (CKD) factory in Ha Tinh province, Vietnam, focusing on the production of VF3 and VF5 models and their components. The facility targets a maximum capacity of 300,000 EVs per year and is expected to commence operations in July 2025, supporting both domestic sales and export markets.
  • March 2025: Thanh Cong Group inaugurated Vietnam's first Skoda automobile manufacturing plant in Quang Ninh province, representing a strategic collaboration with Skoda Auto. The factory has a designed capacity of 120,000 vehicles per year with technology and quality control processes according to Volkswagen standards, marking the first Skoda manufacturing facility in the ASEAN region.

Vietnam Automotive Rocker Panel Market Report Coverage:

Report Features Details
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:
  • Type
  • Vehicle Type
  • Sales Channel
  • Material
  • Region
Types Covered Lower Quarter Panels, Door Rocker Panels
Vehicle Types Covered Light Duty Vehicles, Medium Duty Vehicles, Heavy Duty Vehicles
Sales Channels Covered Aftermarket, Original Equipment Manufacturers (OEMs)
Materials Covered Stainless Steel, Fiber, Rubber
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:

  • How has the Vietnam automotive rocker panel market performed so far and how will it perform in the coming years?
  • What is the breakup of the Vietnam automotive rocker panel market on the basis of type?
  • What is the breakup of the Vietnam automotive rocker panel market on the basis of vehicle type?
  • What is the breakup of the Vietnam automotive rocker panel market on the basis of sales channel?
  • What is the breakup of the Vietnam automotive rocker panel market on the basis of material?
  • What is the breakup of the Vietnam automotive rocker panel market on the basis of region?
  • What are the various stages in the value chain of the Vietnam automotive rocker panel market?
  • What are the key driving factors and challenges in the Vietnam automotive rocker panel market?
  • What is the structure of the Vietnam automotive rocker panel market and who are the key players?
  • What is the degree of competition in the Vietnam automotive rocker panel market?

Key Benefits for Stakeholders:

  • IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam automotive rocker panel market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam automotive rocker panel market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam automotive rocker panel industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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Vietnam Automotive Rocker Panel Market Size, Share, Trends and Forecast by Type, Vehicle Type, Sales Channel, Material, and Region, 2025-2033
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