PUBLISHER: TechSci Research | PRODUCT CODE: 1074067
PUBLISHER: TechSci Research | PRODUCT CODE: 1074067
We offer 8 hour analyst time for an additional research. Please contact us for the details.
Vietnam Automotive PCB Market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the enhanced awareness among consumers regarding the safety and comfort features of automobiles and the rising need for vehicle electrification in the country. A printed circuit board (PCB) is a complex circuit system connecting multiple components, including ICs, transistors, resistors, etc. PCBs are widely used in ADAS systems, control modules, antilock brake systems, and other advanced features. Leading automobile manufacturers utilize PCBs in every feature, application, and part of the vehicles, including powertrain components to provide a safe and easy driving experience. Growing inclination toward advanced technology-based vehicles, including lightweight ones, and heavy investments by PCB manufacturers to support the advanced & comfort features used in the vehicles are adding to the growth of the Vietnam automotive PCB market.
Moreover, the emergence of a variety of new energy vehicles, connected vehicles, autonomous vehicles, etc., and growing demand for safety features such as collision avoidance systems, pedestrian protection systems, lane departure warning, etc. are boosting the growth of the Vietnam automotive PCB market in the forecast period. Regulatory bodies are mandating some of the ADAS features and the execution of basic safety systems such as ABS, anti-lock braking system, TPMS, etc., which is driving the growth of the Vietnam automotive PCB market. High adoption of luxury vehicles owing to the increasing personal disposable income of the population and increasing demands for passenger and electric vehicles are contributing to the market growth. However, increasing consumer preference for BYOD (Bring Your Own Device) and the approach for ECU consolidation are indirectly reducing the use of PCBs, which could restrain its market growth in the coming years.
Vietnam automotive PCB market is segmented based on type, application, and fuel type, region and company. Based on application, the Vietnam automotive PCB market is segmented into body, comfort & vehicle lighting, powertrain components, infotainment components, and ADAS & basic safety. The ADAS & basic safety segment is expected to register the highest growth in the Vietnam automotive PCB market owing to strict government regulations for enhancing the safety and convenience of drivers.
Leading players in the Vietnam automotive PCB market are KCE Electronics, NOK, TTM Technology, CMK Corp, Chin Poon, Nippon Mektron, Samsung Electro-Mechanics, Delphi, Daeduck Electronics, Amitron.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the product offerings, distribution channels and presence of all major manufacturers across Vietnam.
TechSci Research calculated the market size of Vietnam Automotive PCB using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam Automotive PCB market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Two-Wheeler
Passenger Car
LCV
M&HCV
Single-Sided PCB
Double-Sided PCB
Multi-Layer PCB
Body, Comfort & Vehicle Lighting
Powertrain Components
Infotainment Components
ADAS & Basic Safety
Vietnam Automotive PCB Market, By Fuel Type:
ICE
Electric
North Vietnam
South Vietnam
Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Automotive PCB Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis