Vietnam Automotive Sensors Market

Vietnam Automotive Sensors Market Overview:

The Vietnam automotive sensors market size reached USD 116.80 Million in 2024. Looking forward, the market is expected to reach USD 275.63 Million by 2033, exhibiting a growth rate (CAGR) of 10.01% during 2025-2033. The market is growing as vehicle electrification, advanced safety systems, and smart driving technologies gain momentum. Rising consumer preference for connected cars, stricter emission standards, and increasing production of passenger and commercial vehicles drive adoption. Continuous technological innovation and expanding manufacturing capabilities further influence the competitive Vietnam automotive sensors market share.

Vietnam Automotive Sensors Market Trends:

Rapid Electric Vehicle Adoption

Vietnam's automotive industry is experiencing a significant transformation with the accelerated adoption of electric and hybrid vehicles, fundamentally reshaping the automotive sensors landscape. The government's ambitious electric vehicle policies and incentives are driving unprecedented demand for sophisticated sensor technologies essential for EV operation. Electric vehicles require a meaningful increase in sensor content for each vehicle from wide-ranging sensor arrays, along with thermal monitoring, as well as advanced safety features. In the market, demand is growing for temperature sensors managing battery heat and pressure sensors in brake systems. Demand is also rising for gas sensors in cabin air monitoring. Because of this shift that is occurring, new opportunities are being created for sensor manufacturers so that they can develop specialized products for Vietnam's emerging EV ecosystem, including sensors for the regenerative braking systems and electric powertrain management.

Increasing Automotive Production and Manufacturing

Vietnam's automotive sector is experiencing robust growth with significant expansion in local production capabilities and manufacturing investments. According to industry reports, the country stands out with a projected total industry volume (TIV) growth of 22 percent, second only to Singapore, while the ASEAN-6's TIV is expected to decline by 5.4 percent in 2024. The influx of international automotive brands establishing local assembly operations is creating substantial demand for automotive sensors across all vehicle segments, which is further driving the Vietnam automotive sensors market growth. BYD entered the Vietnamese market in July 2024, followed by Omoda and Jaecoo in November. Other notable entrants include GAC, Aion, Geely, and Zeekr. Many of these brands are planning local assembly operations, such as Geely's partnership with Tasco. This manufacturing expansion necessitates comprehensive sensor integration for quality control, safety compliance, and performance optimization. Local production facilities require sensors for various applications including engine management, transmission control, chassis systems, and vehicle body electronics. The growth in commercial vehicle production, particularly trucks and commercial transport vehicles, is also contributing to increased sensor demand for fleet management and logistics applications.

Integration of Advanced Driver Assistance Systems

The Vietnamese automotive market is witnessing accelerated integration of advanced driver assistance systems (ADAS) and safety technologies, driving substantial demand for sophisticated sensor solutions. Modern vehicles entering the Vietnamese market are increasingly equipped with multiple sensor technologies, including radar, lidar, cameras, and ultrasonic sensors for collision avoidance, lane departure warning, and parking assistance systems. The growing consumer awareness of vehicle safety features and government regulations promoting road safety are catalyzing this trend. Automotive manufacturers are integrating sensor fusion technologies that combine data from multiple sensor types to enhance the accuracy and reliability of safety systems. The demand spans across various sensor categories, including speed sensors for anti-lock braking systems, pressure sensors for airbag deployment, and level/position sensors for adaptive suspension systems. The trend toward autonomous driving capabilities, even in lower-level automation, is creating new market segments for automotive sensors. Additionally, the increasing adoption of connected car technologies requires sensors for telematics applications, vehicle-to-vehicle communication, and real-time monitoring systems.

Growing Demand for Vehicle Connectivity and Telematics

The expansion of connected vehicle technologies and telematics systems in Vietnam is generating significant demand for specialized automotive sensors that enable real-time data collection and transmission. The growing popularity of ride-sharing services, fleet management solutions, and smart transportation systems is driving the need for sensors that monitor vehicle performance, location tracking, and driver behavior analytics. Vietnamese consumers are increasingly demanding connected features such as remote vehicle monitoring, predictive maintenance alerts, and integrated infotainment systems, all of which require extensive sensor networks. The integration of Internet of Things (IoT) technologies in automotive applications is creating opportunities for gas sensors for emissions monitoring, temperature sensors for engine optimization, and pressure sensors for tire pressure monitoring systems. Government initiatives promoting smart city development and intelligent transportation systems are further accelerating the adoption of sensor-enabled vehicle technologies. The aftermarket segment is also experiencing growth as vehicle owners retrofit older vehicles with modern sensor-based systems for enhanced functionality and safety features.

Vietnam Automotive Sensors Market Segmentation:

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 type, vehicle type, application, and sales channel.

Type Insights:

• Level/Position Sensors
• Temperature Sensors
• Pressure Sensors
• Speed Sensors
• Gas Sensors
• Magnetic Sensors
• Others

The report has provided a detailed breakup and analysis of the market by type. This includes level/position sensors, temperature sensors, pressure sensors, speed sensors, gas sensors, magnetic sensors, and others.

Vehicle Type Insights:

• Passenger Cars
• Commercial Vehicles

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:

• Powertrain
• Chassis
• Vehicle Body Electronics
• Safety and Security
• Telematics
• Others

The report has provided a comprehensive analysis of the market by application. This includes powertrain, chassis, vehicle body electronics, safety and security, telematics, and others.

Sales Channel Insights:

• Original Equipment Manufacturer (OEM)
• Aftermarket

A detailed breakup and analysis of the market based on sales channel have also been provided in the report. This includes original equipment manufacturer (OEM) and aftermarket.

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 Sensors Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam automotive sensors market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam automotive sensors market on the basis of type?
• What is the breakup of the Vietnam automotive sensors market on the basis of vehicle type?
• What is the breakup of the Vietnam automotive sensors market on the basis of application?
• What is the breakup of the Vietnam automotive sensors market on the basis of sales channel?
• What is the breakup of the Vietnam automotive sensors market on the basis of region?
• What are the various stages in the value chain of the Vietnam automotive sensors market?
• What are the key driving factors and challenges in the Vietnam automotive sensors market?
• What is the structure of the Vietnam automotive sensors market and who are the key players?
• What is the degree of competition in the Vietnam automotive sensors 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 sensors market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam automotive sensors 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 sensors 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.