Vietnam Power Management IC Market 2033

Vietnam Power Management IC Market Size, Share, Trends and Forecast by Product, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42735

Vietnam Power Management IC Market Overview:

The Vietnam power management IC market size reached USD 177.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 320.28 Million by 2033, exhibiting a growth rate (CAGR) of 6.08% during 2025-2033. The market is experiencing robust growth driven by rapid digitalization, expanding consumer electronics manufacturing, and increasing automotive electrification. The market benefits from government initiatives promoting semiconductor development and substantial foreign direct investment from global tech companies. Rising demand for energy-efficient power solutions across telecommunications, healthcare devices, and industrial automation is fueling market expansion. Additionally, Vietnam's strategic positioning in the global semiconductor supply chain and growing electronics export capabilities are strengthening the Vietnam power management IC market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 177.50 Million
Market Forecast in 2033	USD 320.28 Million
Market Growth Rate 2025-2033	6.08%

Vietnam Power Management IC Market Trends:

Digital Transformation and IoT Expansion

The surging digital revolution in Vietnam's economy is greatly propelling the need for advanced power management integrated circuits. Smart city and Industry 4.0 development initiatives by the government are generating huge opportunities for power management solutions within IoT devices, sensors, and networks. The increasing deployment of 5G infrastructure and telecom equipment necessitates advanced power management ICs to provide maximum energy efficiency and performance. Manufacturing plants are more adopting automated systems that rely on robust power management technologies, whereas the growth of data centers and cloud computing infrastructure needs to be supported by high-performance power management solutions. Such Vietnam Power Management IC market trends are backed by high investments in digital infrastructure and the strategic aim of the country to emerge as a regional technology hub, thus helping to drive continuous Vietnam power management IC market growth.

Electric Vehicle and Automotive Electronics Growth

Vietnam's automotive industry is going through electrification at a very fast pace, generating strong demand for sophisticated power management ICs in electric vehicles, hybrid applications, and automotive electronics. Increasing government support for lowering carbon emissions and encouraging sustainable transportation is fueling investments in EV manufacturing facilities and charging infrastructure. Domestic and global automotive companies are setting up manufacturing units that need advanced power management solutions for battery management systems, motor control units, and advanced driver assistance systems. Integration of infotainment systems, navigation systems, and safety features in new-age vehicles calls for dependable power management ICs that can manage multiple voltage levels and power domains. This is compounded by Vietnam's status as a leading manufacturing base for car parts and the growing demand for fuel-efficient, equipped cars.

Consumer Electronics Manufacturing Expansion

Vietnam's role as one of the world's most prominent consumer electronics manufacturing centers is creating significant demand for power management ICs in smartphones, tablets, wearable technology, and home appliances. Vietnam has manufacturing bases for top global brands, with a need for high-volume, cost-competitive power management solutions at international quality levels. Increased consumer spending power and urbanization are pushing demand for highly advanced electronic devices with long battery life and rapid charging features, which require advanced power management technologies. Increasing smart home systems and smart appliances are opening new market niches for power management ICs catering to low-power, always-on applications. Also, Vietnam's robust electronics export performance and good trade agreements are drawing successive investment in manufacturing capacity, further enhancing power management solution demand and supporting the Vietnam power management IC market trends toward successive growth.

Vietnam Power Management IC Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product and application.

Product Insights:

Linear Regulator ICs
Switching Regulator ICs
Voltage Reference ICs
Power Management ASICs/ASSPs
Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes linear regulator ICs, switching regulator ICs, voltage reference ICs, power management ASICs/ASSPs, and others.

Application Insights:

Communication
Computing Devices
Consumer Electronics
Automotive
Healthcare
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes communication, computing devices, consumer electronics, automotive, healthcare, and others.

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 Power Management IC Market News:

In June 2025, U.S. chipmaker Qualcomm opened a new AI R&D center in Vietnam, with facilities in Hanoi and Ho Chi Minh City. Focused on generative and agentic AI for mobile, XR, automotive, and IoT applications, the center supports Vietnam’s goals in AI, semiconductors, and digital transformation. The facility aims to train local talent, advance regional innovation, and strengthen U.S.–Vietnam tech cooperation, building on Qualcomm’s existing presence and initiatives in the country.
In March 2025, FPT Semiconductor launched its High-Tech and Semiconductor R&D Center at Da Nang Software Park No. 2, strengthening its collaboration with Da Nang’s Department of Science and Technology. The center will focus on semiconductors and AI, bringing together over 500 top technology experts in 2025, with plans for future growth. The launch featured FPT’s “Sand to Silicon” showcase and was attended by government leaders, tech company representatives, and university officials.

Vietnam Power Management IC 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: Product Application Region
Products Covered	Linear Regulator ICs, Switching Regulator ICs, Voltage Reference ICs, Power Management ASICs/ASSPs, and Others
Applications Covered	Communication, Computing Devices, Consumer Electronics, Automotive, Healthcare, and 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:

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