Vietnam Automotive Microcontrollers Market to Grow with a CAGR of 5.8% through 2030
The
Vietnam automotive microcontrollers market is growing rapidly, driven by EV
adoption, smart mobility initiatives, rising vehicle electrification, and
increasing demand for advanced driver-assistance and connectivity technologies.
According to
TechSci Research report, “Vietnam Automotive Microcontrollers Market – By Region, Competition, Forecast & Opportunities, 2030F”, Vietnam Automotive Microcontrollers
Market was
valued at USD 422.43 Million in 2024 and is expected to reach USD 592.47
Million by 2030 with a CAGR of 5.8% during
the forecast period. The Vietnam
automotive microcontrollers market is undergoing a transformative shift, driven
by the country’s strategic push toward automotive digitalization and
intelligent mobility. As Vietnam positions itself as a manufacturing and
innovation hub in Southeast Asia, the demand for embedded control systems in
vehicles is rising steadily. A strong macroeconomic backdrop, rising
middle-class incomes, and increasing vehicle ownership—especially in urban
areas—are stimulating demand for smarter, safer, and more connected vehicles.
Microcontrollers are central to this evolution, as they control everything from
powertrain efficiency and body electronics to infotainment and advanced
driver-assistance systems. Moreover, government support for the development of
local EV brands, such as VinFast, is encouraging rapid integration of
next-generation technologies, where microcontrollers enable battery management,
regenerative braking, and telematics systems. The adoption of ASEAN-wide safety
regulations and the growing participation of Vietnamese OEMs in global supply
chains are further pushing automakers to embed more control electronics in
every vehicle tier, enhancing vehicle functionality and compliance with global
standards.
Despite
these growth drivers, the market faces several structural and operational
challenges. Chief among them is Vietnam’s limited domestic semiconductor
manufacturing capability, which makes the supply of automotive microcontrollers
heavily reliant on imports. This creates vulnerability to global chip shortages
and price volatility. Additionally, a fragmented aftermarket ecosystem and
limited availability of trained embedded system engineers pose barriers to
local microcontroller integration and customization. For many domestic
automakers, high dependency on foreign Tier-1 suppliers also constrains
innovation and cost control. Moreover, cybersecurity and functional safety
standards—while evolving—are still not uniformly enforced across the market,
which may hamper consumer trust in advanced connected systems. Thus, while
Vietnam’s automotive microcontrollers market is poised for robust growth, it
must navigate supply chain fragility, technical skill gaps, and regulatory
enforcement issues to fully unlock its long-term potential.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Vietnam Automotive Microcontrollers Market”
The Vietnam
automotive microcontrollers market is segmented into vehicle type, electric
vehicle type, technology, connectivity, bit size and region.
Based on vehicle
type, Commercial Vehicles
(CVs) are emerging as the fastest-growing segment, particularly due to the
electrification of public transport, last-mile delivery vehicles, and logistics
fleets. Fleets now demand remote diagnostics, predictive maintenance, and telematics-based
tracking, all of which require microcontroller-driven systems. As governments
and fleet operators shift toward smart logistics and emission reductions,
commercial electric vehicles are integrating battery management systems and
fleet intelligence platforms that are microcontroller-intensive. The higher
focus on digitization and safety features in CVs, along with growing volumes of
light-duty electric trucks and buses, will continue to spur the demand for
embedded control systems, albeit from a lower base compared to passenger cars.
Based on region,
Southern Vietnam, particularly the Ho Chi Minh City metropolitan area and
neighboring provinces like Dong Nai and Binh Duong, is the fastest-growing
region in the automotive microcontrollers market. Traditionally known for its
logistics and commercial activity, Southern Vietnam is now witnessing rapid
digitization and electrification of its public and private transportation
systems. The region is seeing a sharp rise in demand for commercial EVs,
two-wheelers, and logistics vehicles—segments that require integrated control
systems powered by microcontrollers. Moreover, Southern Vietnam is a focal
point for the startup ecosystem in IoT, telematics, and EV infrastructure,
which directly complements the automotive electronics landscape. The government's
smart city plans in Ho Chi Minh City also prioritize V2I
(vehicle-to-infrastructure) connectivity and real-time traffic systems,
boosting microcontroller demand in public transport and urban mobility
vehicles. With more EV charging stations, smart parking initiatives, and
last-mile connectivity solutions emerging in the south, the deployment of
embedded systems and MCU-controlled architectures is accelerating faster here
than in any other region in Vietnam.
Major companies
operating in Vietnam Automotive Microcontrollers market are:
- Toshiba
Corporation
- Maxim Integrated
- Cypress
Semiconductor Corporation
- Analog Devices
Inc.
- Infineon
Technologies AG
- ON Semiconductor
- Maxim Integrated
- STMicroelectronics
- Rohm
Semiconductor
- Renesas
Electronics Corporation
Download Free Sample Report
Customers can
also request for 10% free customization in this report.
“In
recent years, with increasing digitization of vehicles, there is a growing
emphasis on embedding cybersecurity and functional safety features into
microcontrollers used in the Vietnamese market. ISO 26262 certification is
becoming a non-negotiable for MCUs deployed in safety-critical applications
such as braking or steering. At the same time, as connected vehicles become
more prevalent, the threat of ECU hacking or data theft increases. This is
prompting OEMs to demand secure MCUs with hardware root-of-trust (HRoT), secure
boot, and encrypted flash memory. Suppliers like Infineon and Microchip have
begun offering microcontrollers equipped with automotive-grade cryptographic
modules to Vietnamese customers. Said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
"Vietnam Automotive
Microcontrollers Market, By Vehicle Type (Passenger Cars, Commercial Vehicle),
By Electric Vehicle Type (BEV, HEV, PHEV, FCEV), By Technology (Park Assist
System, ACC, TPMS, Blind Spot Detection System), By Connectivity (V2V
Connectivity, V2I Connectivity, V2C Connectivity), By Bit Size (8-Bit, 16-Bit,
32-Bit), By Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of Vietnam automotive
microcontrollers 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 microcontrollers market.
Contact Us-
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com