The Vietnam automotive sensors market size reached USD 116.80 Million in 2024 and is projected to grow to USD 275.63 Million by 2033, reflecting a CAGR of 10.01% during 2025-2033. The upward trend is driven by increased vehicle electrification, demand for advanced safety systems, and smart driving technologies, alongside stronger emission standards and production growth in passenger and commercial vehicles. Continuous innovation and expanding manufacturing capabilities also bolster market growth.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Vietnam Automotive Sensors Market Key Takeaways
- The market size was USD 116.80 Million in 2024.
- The market CAGR for 2025-2033 is 10.01%.
- The forecast period spans from 2025 to 2033.
- Rapid EV adoption is driving demand for diverse sensor arrays, including thermal and pressure sensors.
- Increasing local automotive production is expanding sensor integration needs across engine, chassis, and body electronics.
- Advanced driver assistance systems (ADAS) growth fuels demand for radar, lidar, camera, ultrasonic, and sensor fusion technologies.
- Growth in vehicle connectivity and telematics fosters need for real-time data and monitoring sensors.
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Market Growth Factors
The Vietnamese automotive market is undergoing an EV transformation, driven by demand for advanced sensor technology. The government is supporting the transition through policies and incentives. Sensors such as temperature sensors for battery management, pressure sensors for brakes, oxygen sensors for catalytic converters, and gas sensors for cabin climate control are needed. This opens up many opportunities for optimization, particularly in regenerative braking and electric powertrain management, driving growth in the sector.
With growing automotive production in Vietnam (a 22 percent increase in TIV by 2030, after Singapore) and expansion of local manufacturers' capacity and vehicle assembly plants, new brands including BYD, Omoda, Jaecoo, GAC, Aion, Geely and Zeekr expand local assembly of car body and vehicle sensors, engine management, transmission control and chassis electronics. The rise in commercial vehicle production in turn stimulates the demand for fleet management/logistics sensors.
The popularity of advanced driver assistance systems (ADAS) and safety features is increasing. Sensors including radar and lidar, cameras, ultrasonic sensors and sensor fusion technology are being incorporated into vehicles in Vietnam for collision detection, lane departure prevention, and parking assistance. Rising consumer awareness and regulations regarding safety have also increased the demand for speed, pressure and position sensors in vehicles. Connected cars rely on telematics technologies, which are driving the demand for sensors to ease inter-vehicle communication, real-time data acquisition, and predictive diagnostics and maintenance.
Market Segmentation
Type Insights:
- Level/Position Sensors: Integral for adaptive suspension systems and chassis applications.
- Temperature Sensors: Increasingly used for managing battery heat in EVs and engine optimization.
- Pressure Sensors: Key in brake systems, airbag deployment, and tire pressure monitoring.
- Speed Sensors: Used in anti-lock braking and safety systems.
- Gas Sensors: Growing demand for cabin air quality and emissions monitoring.
- Magnetic Sensors: Utilized in various vehicle electronics.
- Others: Includes other specialized sensor types supporting automotive systems.
Vehicle Type Insights:
- Passenger Cars: Major segment leveraging sensors for safety, connectivity, and efficiency.
- Commercial Vehicles: Increasing production drives demand for sensors in fleet management and logistics.
Application Insights:
- Powertrain: Sensors manage engine and electric powertrain functions.
- Chassis: Sensors support suspension, braking, and stability systems.
- Vehicle Body Electronics: Include sensors for heating, ventilation, and other body functions.
- Safety and Security: Growing ADAS integration fuels sensor deployment for collision avoidance and airbag systems.
- Telematics: Sensors enable connected vehicle features, real-time monitoring, and GPS tracking.
- Others: Additional sensor applications within automotive systems.
Sales Channel Insights:
- Original Equipment Manufacturer (OEM): Primary channel for integrated sensors during vehicle assembly.
- Aftermarket: Increasing segment as older vehicles retrofit modern sensor systems.
Regional Insights
The Vietnam automotive sensors market covers Northern Vietnam, Central Vietnam, and Southern Vietnam regions. The report does not specify dominant regional market shares or distinct CAGR values by region, but collectively, these regions constitute the comprehensive national market addressed in the forecast.
Recent Developments & News
- BYD entered the Vietnamese market in July 2024.
- Omoda and Jaecoo followed entry into the market in November 2024.
- Notable other entrants include GAC, Aion, Geely, and Zeekr.
- Geely is collaborating with Tasco for local assembly operations.
These new entrants and local assembly expansions are driving sensor demand across passenger and commercial vehicle segments for quality, safety, and performance sensor integrations.
Key Players
- BYD
- Omoda
- Jaecoo
- GAC
- Aion
- Geely
- Zeekr
- Tasco
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