Vietnam Automotive Temperature Sensor Market to Grow with a CAGR of 4.8% through 2030
Vietnam's automotive temperature
sensor market is driven by EV growth, emission norms, and digital automotive
transformation, with expanding demand for high-precision sensors across
engines, batteries, and comfort systems.
According to
TechSci Research report, “Vietnam Automotive Temperature Sensor Market – By Region, Competition, Forecast & Opportunities, 2030F”, Vietnam Automotive Temperature Sensor
Market was
valued at USD 268.52 Million in 2024 and is expected to reach USD 355.75 Million
by 2030 with a CAGR of 4.8% during
the forecast period. The Vietnam automotive temperature
sensor market is evolving rapidly, fueled by a combination of domestic
manufacturing advancements, regulatory reforms, and changing consumer
expectations. While the electrification of transport and rise in comfort-oriented
features are generating strong demand for precision thermal sensors, the market
also faces constraints related to infrastructure and supply chains. One of the
key factors propelling growth is the increasing deployment of sensors in
battery and thermal management systems in EVs, enabling safety and performance
optimization.
On the other hand, the lack of local sensor manufacturing
capability makes Vietnam dependent on imports for high-grade sensors, making
the ecosystem vulnerable to global price and supply shocks. Addressing these
limitations requires targeted investments in R&D, workforce upskilling, and
strategic partnerships with international sensor providers. The segment-wise
momentum indicates that passenger cars will continue to dominate, while commercial
vehicles and EV applications will generate the next wave of growth. The
market's future will likely be shaped by Vietnam’s success in becoming a
regional EV manufacturing hub, coupled with policy support for automotive
electronics.
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"Vietnam Automotive Temperature Sensor Market.”
Vietnam
Automotive Temperature Sensor market is segmented into vehicle type, product,
usage, application, technology and region.
The Vietnam
automotive temperature sensor market is segmented into Passenger Cars and
Commercial Vehicles. Among these, Passenger Cars dominated the market due to the
rising middle-class population, increasing disposable income, and the growing
trend toward personal vehicle ownership. Passenger vehicles typically include a
higher number of integrated temperature sensors for applications such as HVAC,
engine management, and battery thermal management in EVs, contributing to their
market share. These cars are also more likely to be equipped with advanced
features like heated seats and advanced climate control systems, all of which
require temperature sensing.
On the other hand, Commercial Vehicles are
projected to be the fastest-growing segment over the forecast period, driven by
increased investment in logistics, construction, and e-commerce delivery
services. Government incentives for fleet electrification and stricter fuel
efficiency norms are pushing OEMs to adopt sensors in commercial vehicle
drivetrains and exhaust systems. As Vietnam boosts its infrastructure and
industrial operations, demand for sensor-equipped trucks and vans is expected
to accelerate significantly.
Based on region,
Southern Vietnam, with Ho Chi Minh City at its core and adjacent provinces like
Dong Nai, Binh Duong, and Long An, is projected to be the fastest-growing
region in the automotive temperature sensor market during the forecast period.
This region is witnessing rapid urbanization, an expanding middle class, and
increasing demand for private vehicles—factors driving growth in passenger car
sensor integration. Additionally, Southern Vietnam is becoming a hub for
electric vehicle adoption, with VinFast and other EV startups increasing retail
penetration. The development of new EV charging infrastructure across Ho Chi
Minh City is also acting as a catalyst for EV-related sensor demand, especially
for applications like EV batteries and motors. The region benefits from strong
logistics connectivity, including seaports and industrial zones such as Saigon
Hi-Tech Park, which support the import and assembly of high-end automotive
electronics, including MEMS and infrared temperature sensors. Moreover, the
growth of the region’s automotive aftermarket, including garages, service
centers, and online auto parts retailers—is stimulating demand for sensor
replacement in aging vehicle fleets.
Major companies
operating in Vietnam Automotive Temperature Sensor market are:
- Robert Bosch
GmbH
- Continental AG
- DENSO
Corporation
- Sensata
Technologies, Inc.
- TE Connectivity
Ltd.
- NXP
Semiconductors N.V.
- STMicroelectronics
N.V.
- Texas
Instruments Incorporated
- Analog Devices,
Inc.
- HELLA GmbH &
Co. KGaA
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“In
recent years, the
Vietnamese government’s localization roadmap for the automotive sector,
combined with free trade agreements like CPTPP and RCEP, is encouraging global
sensor manufacturers to set up joint ventures or production units. In 2024,
several Japanese and Korean companies announced plans to establish assembly
lines for thermal sensors within Vietnam. Vertical integration efforts by local
players such as VinFast aim to reduce import dependency and control component
quality. The Ministry of Industry and Trade has also introduced subsidies and
tax exemptions for high-tech sensor manufacturing. These efforts are expected
to reduce costs and enhance availability of sensors, especially for the
fast-growing EV segment", Said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Vietnam Automotive
Temperature Sensor Market, By Vehicle Type (Passenger Cars, Commercial
Vehicles), By Product (Resistance Temperature Detectors (RTD), Thermistor, MEMS,
IC Temperature Sensor, Thermocouple, Infrared Temperature Sensor), By Usage (Gas,
Air, Liquid),
By Application (Engine, Exhaust, HVAC, Transmission,
Thermal Seats, EV Battery, EV Motor), By Technology (Contact, Non-Contact), By
Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of Vietnam Automotive Temperature Sensor market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Vietnam Automotive Temperature Sensor market.
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