Vietnam Smart Manufacturing Market Report by Component (Hardware, Software, Services), Technology (Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, Plant Asset Management), End Use (Automotive, Aerospace and Defense, Chemicals and Materials, Healthcare, Industrial Equipment, Electronics, Food and Agriculture, Oil and Gas, and Others), and Region 2025-2033

Vietnam Smart Manufacturing Market Report by Component (Hardware, Software, Services), Technology (Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, Plant Asset Management), End Use (Automotive, Aerospace and Defense, Chemicals and Materials, Healthcare, Industrial Equipment, Electronics, Food and Agriculture, Oil and Gas, and Others), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A19766

Market Overview:

The Vietnam smart manufacturing market size reached USD 116.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 303.6 Billion by 2033, exhibiting a growth rate (CAGR) of 10.7% during 2025-2033. The increasing labor costs across the region, several technological advancements in automation, artificial intelligence (AI), and the Internet of Things (IoT), along with the implementation of Industry 4.0 initiatives such as incentives, tax breaks, and subsidies, are creating a favorable environment that drives the market.

Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 116.8 Billion
Market Forecast in 2033 USD 303.6 Billion
Market Growth Rate (2025-2033) 10.7%


Smart manufacturing, also known as Industry 4.0 or the Industrial Internet of Things (IIoT), represents a transformative approach to manufacturing processes that uses advanced technology to optimize operations, enhance efficiency, and drive innovation. It integrates various digital technologies and data-driven solutions to streamline manufacturing processes, reduce costs, and improve product quality, which is gaining importance in companies across industries seeking to stay competitive in an increasingly digital and interconnected world. It relies on the seamless connectivity of machines, devices, and systems within a manufacturing environment. Some of the components of smart manufacturing include the Internet of Things (IoT) sensors, big data analytics, automation, robotics, cloud computing, cybersecurity, artificial intelligence (AI), and machine learning (ML). For instance, IoT sensors are embedded in machines and equipment to collect real-time data on their performance, which monitor factors including temperature, humidity, pressure, and machine usage, providing valuable insights into the manufacturing process. Additionally, big data analytics collects data and processes and analyses it using advanced analytics tools, which allow manufacturers to identify patterns, anomalies, and areas for improvement, facilitating data-driven decision-making. Consequently, smart manufacturing often involves the use of robots and automated systems to handle repetitive tasks, increasing production efficiency and reducing the risk of errors.

Vietnam Smart Manufacturing Market Trends:

Government Support for Advancing Smart Manufacturing

The Vietnamese government plays a key role in fostering the growth of smart manufacturing through strategic policies and initiatives. These efforts include providing incentives for the adoption of cutting-edge technologies like automation and artificial intelligence in factories. With increased focus on Vietnam manufacturing industry modernization, the government has committed to creating a favorable environment for digital transformation. Investments in infrastructure and technology support, combined with government-led programs, ensure that the country’s manufacturing sector can leverage smart solutions like Vietnam machine vision to enhance operational efficiency and competitiveness in the global market.

Industrial Automation Shaping Manufacturing Future

Industrial automation has taken strong roots in Vietnam, particularly as producers more and more incorporate high-end systems such as robotics and AI. The innovations play a critical role in enhancing productivity levels and lowering operational expenses in various industries. The increased uptake of automation finds expression in the growth of Vietnam smart factory models, where high-end machinery and control systems function in perfect harmony to improve performance. Samsung's smart factory initiatives have indeed shown the advantages of using smart technologies in industry. With the adoption of technologies such as wearable devices, real-time communication, and digital twin technology, Samsung has enhanced productivity, minimized downtime, and maximized quality control, especially in industries such as electronics and electric vehicle battery manufacturing. These technologies are assisting businesses in Vietnam to remain competitive in the global market while enhancing the accuracy and uniformity of their products, leading to overall development in the manufacturing industry.

Boost in Foreign Investment Enhancing Manufacturing Capabilities

Foreign investment in Vietnam's manufacturing sector is propelling its rapid development, with a strong focus on integrating smart technologies. International companies are attracted to the country by its favorable business environment and the potential for high returns. The influx of foreign capital has directly contributed to the rise in Vietnam manufacturing statistics, particularly in the adoption of next-generation manufacturing technologies. Other tech companies are indeed playing a significant role in promoting the adoption of smart manufacturing. Many are developing technologies like AI, IoT, robotics, and cloud computing to improve automation, efficiency, and data analysis in manufacturing processes. Foreign investors bring expertise and advanced technologies, which further enhance the country's manufacturing capabilities, helping local businesses meet global standards and increase production efficiency, ultimately supporting Vietnam manufacturing growth.

Promoting Sustainable Production in the Manufacturing Sector

Vietnam is becoming more dedicated to sustainable manufacturing, with more businesses adopting environmentally friendly practices. Green production techniques, including the use of renewable energy and lower carbon footprints, are priorities for the country and reflect worldwide trends towards going green. Adoption of smart technologies into smart factory platforms is allowing more sustainable operations through better energy efficiency and waste reduction. These actions not only improve the green image of Vietnam's manufacturing industry but also bring in consumers and companies that value sustainability.

Human Capacity Building to Support Smart Manufacturing

As the demand for smart manufacturing technologies grows in Vietnam, there is a strong emphasis on developing a highly skilled workforce to support this transition. Educational institutions and industries are working together to provide training in advanced manufacturing skills, such as robotics, AI, and data analytics. This focus on smart manufacturing Vietnam through human capacity building ensures that the workforce is well-equipped to manage and operate smart systems. By developing talent and enhancing technical expertise, Vietnam is positioning itself to capitalize on emerging trends in smart technologies, contributing to the long-term development of the manufacturing sector.

Vietnam Smart Manufacturing Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, technology, and end use.

Component Insights:

Vietnam Smart Manufacturing Market Report

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  • Hardware
  • Software
  • Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware, software, and services.

Technology Insights:

  • Machine Execution Systems
  • Programmable Logic Controller
  • Enterprise Resource Planning
  • SCADA
  • Discrete Control Systems
  • Human Machine Interface
  • Machine Vision
  • 3D Printing
  • Product Lifecycle Management
  • Plant Asset Management

A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes machine execution systems, programmable logic controller, enterprise resource planning, SCADA, discrete control systems, human machine interface, machine vision, 3D printing, product lifecycle management, and plant asset management.

End Use Insights:

  • Automotive
  • Aerospace and Defense
  • Chemicals and Materials
  • Healthcare
  • Industrial Equipment
  • Electronics
  • Food and Agriculture
  • Oil and Gas
  • Others

The report has provided a detailed breakup and analysis of the market based on the end use. This includes automotive, aerospace and defense, chemicals and materials, healthcare, industrial equipment, electronics, food and agriculture, oil and gas, and others.

Regional Insights:

Vietnam Smart Manufacturing Market Report

  • 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 in the market. 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 Smart Manufacturing Market News:

  • In July 2025, BIEL Crystal made significant progress in its second production base in Hai Duong Province, Vietnam, with a USD 260 Million investment. The 20.2-hectare facility in An Phat 1 Industrial Park would cover 535,000 square meters and is set to begin operations in Q3. The smart manufacturing base, which would employ 14,000 workers, strengthens BIEL's partnership with global brands like Apple and Samsung.
  • In March 2025, at the AI-Semiconductor Conference 2025 in Hanoi, FPT showcased its AI and semiconductor innovations, emphasizing Vietnam's growing role in global technology. The three-day event highlighted the importance of AI and semiconductor tech in digital transformation. FPT introduced key solutions like Intelligent Inspection (i2), an AI-driven system for smart manufacturing that enhances defect detection, achieving 99% accuracy and speeding up quality control, thus boosting production efficiency.
  • In December 2024, NVIDIA opened its first research and development center in Vietnam, signaling confidence in the country’s AI future. In collaboration with the government, the center would focus on software development, leveraging Vietnam's strong STEM talent pool. It aims to accelerate AI adoption across industries like healthcare, education, finance, and smart manufacturing. This move aligns with Vietnam’s growing AI market and its goal to become a regional leader in AI and R&D.
  • In August 2024, TAILG launched its 10th global smart manufacturing base in Hung Yen Province, Vietnam. Covering 40,000 square meters, the facility can produce 350,000 units annually. The first "Made in Vietnam" TAILG long-range electric vehicles have been produced. This base would serve as a key hub for TAILG’s Southeast Asia expansion and further global growth.

Vietnam Smart Manufacturing Market Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Component
  • Technology
  • End Use
  • Region 
Components Covered Hardware, Software, Services
Technologies Covered Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, Plant Asset Management
End Uses Covered Automotive, Aerospace and Defense, Chemicals and Materials, Healthcare, Industrial Equipment, Electronics, Food and Agriculture, Oil and Gas, 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 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 smart manufacturing market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam smart manufacturing 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 smart manufacturing 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.

Key Questions Answered in This Report

The smart manufacturing market in Vietnam was valued at USD 116.8 Billion in 2024.

The Vietnam smart manufacturing market is projected to exhibit a CAGR of 10.7% during 2025-2033, reaching a value of USD 303.6 Billion by 2033.

The Vietnam smart manufacturing market is being driven by technological advancements such as AI, IoT, and robotics, enhancing production efficiency. Government support through incentives and policies encourages the adoption of Industry 4.0 technologies. Additionally, foreign investments and infrastructure improvements, including 5G networks, boost the sector, while a skilled workforce supports the integration of advanced manufacturing technologies.

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Vietnam Smart Manufacturing Market Report by Component (Hardware, Software, Services), Technology (Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, Plant Asset Management), End Use (Automotive, Aerospace and Defense, Chemicals and Materials, Healthcare, Industrial Equipment, Electronics, Food and Agriculture, Oil and Gas, and Others), and Region 2025-2033
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