Vietnam Automotive PCB Market size
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The Vietnam automotive PCB market is expected to witness strong growth due to growing consumer demand for safety and comfort features in vehicles and the rising need for vehicle electrification. Although individual market size data for Vietnam are not easily available, the overall Asia Pacific region, where Vietnam is situated, is anticipated to lead the global automotive PCB market.
The international market, which is now worth USD 9.15 billion in 2023, is expected to expand at a CAGR of 5.9% from 2024 to 2032.
Vietnam Automotive PCB Market is projected to grow at a robust CAGR over the next five years. The increasing demand for automobiles, growing consumers awareness for safety & comfort features in automobiles and growing demand for vehicle electrification is projected to the growth of the automotive PCB market in the country.
Based on application, market is segmented into body, comfort & vehicle lighting, powertrain components, infotainment components and ADAS & basic safety. ADAS & basic safety segment is projected to dominate the market through 2028 due to strict government regulation for the safe and convenient driving experience.
The major player operating in Vietnam PCB Market are KCE Electronics, NOK, TTM Technology, CMK Corp, Chin Poon, Nippon Mektron, are Samsung Electro-Mechanics, Delphi, Daeduck Electronics, Amitron.
Key Drivers for Vietnam's Growth
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Increased vehicle safety and comfort features
Consumers are increasingly demanding advanced features like ADAS (Advanced Driver-Assistance Systems) and infotainment systems, which require complex electronics and thus, PCBs.
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Growing adoption of electric vehicles
The shift towards electric vehicles (EVs) is driving demand for high-density and multi-layer PCBs.
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Strong government support for electronics manufacturing
The Vietnamese government is actively promoting the electronics industry through incentives and support, which is expected to further boost the PCB market.
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Investment in electronics manufacturing
Several global electronics companies are investing in Vietnam, creating a larger domestic market for PCBs and contributing to the overall growth of the electronics sector.
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Market Segmentation
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By Vehicle Type
The market is segmented by vehicle type, including passenger vehicles, commercial vehicles, and motorcycles.
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By Application
PCBs are used in various applications within vehicles, including ADAS, control modules, infotainment systems, and powertrain components.
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By Material
The market is also segmented by the type of PCB material used, such as single-sided, double-sided, and multi-layer PCBs.
Objective of the Study
- To analyse and forecast the market size of Automotive PCB, in terms of value and volume.
- To classify and forecast Vietnam Automotive PCB based on Fuel Type and regional distribution.
- To identify drivers and challenges for Vietnam Automotive PCB.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Automotive PCB.
- To conduct the pricing analysis for Automotive PCB.
- To identify and analyse the profile of leading players involved in the manufacturing of Vietnam Automotive PCB.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across Vietnam. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across Vietnam.
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Key Players
- KCE Electronics A major player in the automotive PCB market.
- NOK A significant competitor in the Vietnam automotive PCB landscape.
- TTM Technology A key player specializing in automotive PCB manufacturing.
- CMK Corp A prominent company in the Vietnam automotive PCB industry.
- Chin Poon A leading manufacturer of automotive PCBs in Vietnam.
- Nippon Mektron A well-known player in the global automotive PCB market, with a presence in Vietnam.
- Samsung Electro-Mechanics A global leader in PCB technology with a strong presence in Vietnam.
- Delphi (now Aptiv) A major automotive supplier with a history in PCB manufacturing.
- Daeduck Electronics A prominent PCB manufacturer with a presence in Vietnam.
- Amitron A key player in the automotive PCB market.
Key Target Audience
- Vietnam Automotive PCB Manufacturers
- Automotive Powertrain Manufacturers
- Automotive OEM’s
- Automotive Safety and Comfort System Manufacturers
- Raw material suppliers
- Dealers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute |
Details |
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Base Year |
2022 |
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Historical Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
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Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments covered |
· Type · Application · Fuel Type |
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Regional scope |
Central Region, Southern Region, Northern Region |
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Key companies profiled |
KCE Electronics, NOK, TTM Technology, CMK Corp, Chin Poon, Nippon Mektron, are Samsung Electro-Mechanics, Delphi, Daeduck Electronics, Amitron. |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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