Vietnam Automotive Temperature Sensor Market, By Vehicle Type, By Technology, By Application, By Propulsion, By Region, Competition Forecast & Opportunities, 2017-2027

Vietnam automotive temperature sensor market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the rising demand for safety features and fuel efficiency in vehicles. Temperature sensors embedded in automobiles are used for determining the temperature of the engine, exhaust, HVAC, and transmission to help ensure a vehicle's long and healthy life. In automobiles, two types of temperature sensors are used, contact sensors and non-contact sensors. The emergence of new technologies for safety, etc., and stringent emission control standards that require the installation of sensors are driving the growth of the vietnam automotive temperature sensor market in the coming years. Besides, the increasing introduction of electric vehicles and the growing automotive HVAC market are facilitating the adoption of temperature sensors, contributing to the growth of the Vietnam automotive temperature sensors market. Besides, the growing demand for premium vehicles is driving the growth of the Vietnam automotive temperature sensor market. Market players are increasingly investing in R&D initiatives to improve the automotive sensor technologies for advanced vehicles, which is contributing to the growth of the Vietnam automotive temperature sensor market. Growing application of advanced MEMS temperature sensors, IC sensors, and infrared temperature sensors in vehicles for enhancing the driving experience of the drivers and passengers are adding to the growth of the Vietnam automotive temperature sensor market. Moreover, increasing consciousness among consumers about the environmental cost and carbon footprint are creating demand for safe and better vehicles, which is expected to drive the demand for automotive temperature sensors in Vietnam.

Vietnam automotive temperature sensor market is segmented based on vehicle type, technology, application, propulsion, region, and company. Based on vehicle type, the market is further divided into passenger cars and commercial cars. The passenger cars segment is expected to hold a significant share in the Vietnam automotive temperature sensor market in the forecast period due to the millennial population's rising purchasing power and the growing popularity of utility vehicles.

Continental, Delphi, Panasonic Corporation, NXP Semiconductors, Robert Bosch, Sensata Technologies, TE Connectivity, Microchip, TDK Corporation, Murata, etc., are the top players dominating the Vietnam automotive temperature sensor market.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F-2027F

Objective of the Study:

• To analyze and forecast the market size of Vietnam Automotive Temperature Sensor Market, in terms of value and volume.
• To classify and forecast Vietnam Automotive Temperature Sensor Market based on vehicle type, technology, application, propulsion, regional distribution and company.
• To identify drivers and challenges for Vietnam Automotive Temperature Sensor Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Automotive Temperature Sensor Market.
• To conduct the pricing analysis for Vietnam Automotive Temperature Sensor Market.
• To identify and analyse the profile of leading players involved in the Vietnam Automotive Temperature Sensor Market.

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 suppliers 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 Temperature Sensor Market using a bottom-up approach, where data for various end user segments 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:

• Manufacturers of Automotive Temperature Sensors
• Electric vehicle manufacturers
• Automotive OEMs
• Raw material suppliers
• Traders, Distributors, and Suppliers
• Industry associations and experts
• 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 manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

• In this report, Vietnam Automotive Temperature Sensor Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Vietnam Automotive Temperature Sensor Market, By Vehicle Type:

Passenger Cars

Commercial Vehicles

• Vietnam Automotive Temperature Sensor Market, By Application:

HVAC

Engine

Battery

Exhaust

Electric Motor

Others

• Vietnam Automotive Temperature Sensor Market, By Technology:

Contact

Non-Contact

• Vietnam Automotive Temperature Sensor Market, By Propulsion:

ICE

Electric

• Vietnam Automotive Temperature Sensor Market, By Region:

South Vietnam

North Vietnam

Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Automotive Temperature Sensor Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.