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Vietnam Automotive Handbrake & Clutch Cable Market By Vehicle Type (Two wheeler, Passenger Car, LCV, and M&HCV), By Product Type (Handbrake Cable & Clutch Cable), By Sales Channel (OEM & Replacement), Competition Forecast & Opportunities, 2013-2023

Published Date: May - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format

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​Vietnam Automotive Handbrake & Clutch Cable Market size

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The Vietnamese automotive handbrake and clutch cable market was valued at approximately USD 25 million in 2023.Two-wheelers held a dominant volume share of over 91% in 2017, reflecting the country's high reliance on motorcycles for transportation​

Market Trends & Outlook
Technological DevelopmentsCompanies are working on creating lighter yet tough cables with enhanced performance and longer lifespan.

Paradigm Change Toward Electric Vehicles (EVs)Spreading use of EVs, many of which make use of electronic control units, could adversely affect demand for conventional mechanical handbrake and clutch cables.

Emerging MarketsNations such as Vietnam are experiencing growth in the auto industry, with prospects of manufacturers increasing their foothold.

Segments' Analysis

Product Trends

Based on product, the automotive handbrake and clutch cables market is categorized into clutch cables and handbrake cables.

  • The handbrake cables segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline.
  • This is mainly attributed to increasing friction between your brake pads while constantly driving with the handbrake on.
  • And the longer and faster one travels, the more friction it generates, thus its wears off easily and needs replacement.

Market Analysis

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Regional Trends

By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years.

  • The region is likely to emerge as a key exporter of handbrake & clutch cables to many countries in the coming years.
  • Countries such as India, China, and South Korea are anticipated to remain as the leading contributors, which further proliferates the regional market growth.

COVID-19 Impact on Global Automotive Handbrake and Clutch Cables Market

The COVID-19 outbreak has moderately affected the automotive handbrake and clutch cables industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. Stringent government regulations on people gathering and traveling barriers have largely affected the demand for vehicles, resulting in a decline in production and sales of passenger cars, further impacting the growth.

Market Size

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Key Players

Related Reports

Table of Content

Here's a suggested Table of Contents (TOC) for a market research report on the Vietnam Automotive Handbrake & Clutch Cable Market:

Table of Contents

  1. Executive Summary
    1.1. Market Overview
    1.2. Key Findings
    1.3. Market Outlook

  2. Introduction
    2.1. Report Scope and Definitions
    2.2. Methodology
    2.3. Assumptions and Limitations

  3. Vietnam Automotive Industry Overview
    3.1. Industry Structure
    3.2. Recent Trends and Developments
    3.3. Regulatory Environment
    3.4. Automotive Production and Sales Statistics

  4. Market Dynamics
    4.1. Market Drivers
    4.2. Market Challenges
    4.3. Market Opportunities
    4.4. Porter’s Five Forces Analysis

  5. Market Segmentation
    5.1. By Type

    • 5.1.1. Handbrake Cables

    • 5.1.2. Clutch Cables
      5.2. By Vehicle Type

    • 5.2.1. Passenger Vehicles

    • 5.2.2. Commercial Vehicles
      5.3. By Sales Channel

    • 5.3.1. OEM

    • 5.3.2. Aftermarket

  6. Competitive Landscape
    6.1. Market Share Analysis
    6.2. Company Profiles

    • 6.2.1. Local Manufacturers

    • 6.2.2. International Players
      6.3. Strategic Initiatives and Developments

  7. Technological Trends
    7.1. Material Advancements
    7.2. Automation and Electrification Impact
    7.3. Sustainability Trends

  8. Consumer Insights and Behavior
    8.1. Buying Patterns
    8.2. Brand Preferences
    8.3. Price Sensitivity

  9. Market Forecast & Outlook (2025–2030)
    9.1. Demand Forecast
    9.2. Supply and Production Trends
    9.3. Scenario Analysis (Optimistic, Pessimistic, Neutral)

  10. Conclusion and Strategic Recommendations

  11. Appendices
    11.1. Glossary of Terms
    11.2. Data Sources
    11.3. Research Methodology Notes

  12. List of Figures & Tables

List Tables Figures

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