The Vietnam automotive sensors market size was valued at USD 116.80 Million in 2024. The market is expected to grow to USD 275.63 Million by 2033, registering a CAGR of 10.01% during the forecast period from 2025 to 2033. Growth is driven by rising vehicle electrification, advanced safety systems, and smart driving technologies, alongside an increasing production of passenger and commercial vehicles. Continuous innovation and expanding manufacturing capabilities also support market expansion.

Study Assumption Years

• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033

Vietnam Automotive Sensors Market Key Takeaways

• The market size stood at USD 116.80 Million in 2024, with an expected CAGR of 10.01% from 2025 to 2033.
• Rapid adoption of electric and hybrid vehicles driven by government incentives is transforming sensor demand, especially for temperature sensors managing battery heat and pressure sensors in brakes.
• Growing local automotive production, including new entrants such as BYD, Omoda, Jaecoo, GAC, Aion, Geely, and Zeekr, is boosting sensor integration across vehicle segments.
• Increasing integration of advanced driver assistance systems (ADAS) with sensor fusion technologies is driving demand for radar, lidar, camera, and ultrasonic sensors.
• Expanding connected vehicle and telematics adoption is fueling demand for sensors related to vehicle performance, location tracking, and emission monitoring.

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Market Growth Factors

Vietnam's automotive sensors market is bolstered by the swift adoption of electric vehicles (EVs) and hybrid vehicles, supported by aggressive government policies and incentives. These vehicles require extensive sensor arrays for battery heat management, regenerative braking systems, and electric powertrain controls. The increasing demand for temperature sensors, pressure sensors in brake systems, and gas sensors for cabin air monitoring illustrates the market expansion driven by EV-specific technical needs.

Robust growth in Vietnam's automotive production contributes significantly to sensor demand. With a projected Total Industry Volume (TIV) growth of 22% in 2024, the country outpaces ASEAN-6, whose TIV is declining. International brands such as BYD, Omoda, Jaecoo, Geely, and Zeekr entering the market phase in strong expansions, establishing local assembly plants that necessitate extensive sensor integration for engine management, transmission, chassis systems, and vehicle electronics. This trend also stimulates demand for commercial vehicle sensors used in fleet management and logistics.

The integration of Advanced Driver Assistance Systems (ADAS) in modern vehicles is another critical growth driver. With features such as collision avoidance, lane departure warning, and parking assistance relying on sensors like radar, lidar, cameras, and ultrasonic sensors, the market is witnessing rising demand for these sophisticated technologies. Safety regulations and consumer preference for vehicle safety boost sensor fusion technologies that improve system reliability, supporting market growth in safety and telematics segments.

Market Segmentation

• Type Insights: The market is segmented into level/position sensors, temperature sensors, pressure sensors, speed sensors, gas sensors, magnetic sensors, and others, reflecting diverse applications within automotive systems.
• Vehicle Type Insights: Passenger cars and commercial vehicles constitute the primary vehicle types, each driving sensor adoption according to distinct operational requirements.
• Application Insights: Sensor applications cover powertrain, chassis, vehicle body electronics, safety and security, telematics, and others, indicating broad functional integration.
• Sales Channel Insights: The market includes original equipment manufacturer (OEM) and aftermarket channels, highlighting both first-fit and retrofit sensor sales.

Regional Insights

The Vietnam automotive sensors market includes analysis across Northern Vietnam, Central Vietnam, and Southern Vietnam. Among these, significant attention is given to regional production expansions and market development; however, no explicit dominant region or specific statistics like market share percentages or CAGR by region were provided in the source.

Recent Developments & News

The report highlights new entrants in the Vietnamese market such as BYD (July 2024), Omoda and Jaecoo (November 2024), and mentions partnerships like Geely's collaboration with Tasco to initiate local assembly operations. These entries underscore the market's rapid expansion and increasing sensor demand for various applications, driven by local manufacturing growth and automotive sector investment.

Key Players

• BYD
• Omoda
• Jaecoo
• GAC
• Aion
• Geely
• Zeekr

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