Vietnam Automotive Aftermarket Service Industry Size, Share & Trend Analysis- By Type of Workshop, By Type of Vehicle Serviced, By Age of Car, By Booking Mode, By Service Split, Regional Outlook, Competitive Tactics, and Segment Forecast to 2031

Vietnam Automotive Aftermarket Service Industry size was estimated to hit around USD XX billion by 2030 and is poised to grow at a compound annual growth rate (CAGR) of 8.25% from 2022 to 2030.

Vietnam Automotive Aftermarket Service Market: Breakup by Region, 2022 & 2031

Source: Primary Research and Secondary Research Analysis

Automotive aftermarket service refers to a wide range of products and services that are offered to vehicle owners after their purchase from the original equipment manufacturer (OEM). These services can include repairs, maintenance, replacement parts, and customization, and they are provided by a variety of aftermarket service providers, including independent repair shops, franchised dealerships, and specialized service centres.

The automotive aftermarket service industry is a crucial component of the overall automotive industry, as it offers vehicle owners a diverse range of products and services to choose from. Common examples of aftermarket services include oil changes, tire replacements, brake repairs, and engine tune-ups. Additionally, many aftermarket service providers offer parts and services that can enhance a vehicle's performance or appearance, such as custom wheels, performance exhaust systems, or paint and bodywork.

By maintaining the safety and reliability of vehicles and providing vehicle owners with options for customization and personalization, the automotive aftermarket service industry plays an essential role in meeting the diverse needs of vehicle owners.

In Vietnam, the automotive aftermarket service industry provides a diverse range of products and services, including repairs, maintenance, replacement parts, and customization. A variety of service providers, such as independent repair shops, franchised dealerships, and specialized service centers, offer these services.

An important factor driving the growth of the automotive aftermarket service industry in Vietnam is the increasing number of vehicles on the road. According to data from the Vietnam Automobile Manufacturers' Association, vehicle sales in Vietnam have grown significantly, from around 220,000 units in 2015 to over 400,000 units in 2019. This increase in vehicle ownership has led to a corresponding increase in the demand for aftermarket services.

Furthermore, the growing complexity of modern vehicles has also contributed to the expansion of the automotive aftermarket service industry in Vietnam. As vehicles become more technologically advanced, repairs and maintenance require specialized skills and equipment. This has resulted in the emergence of specialized service centers that offer high-quality services for complex vehicles.

Overall, the Vietnamese automotive aftermarket service industry plays a crucial role in ensuring the safety and reliability of vehicles, while also providing vehicle owners with opportunities for customization and personalization. The industry is expected to continue to grow in the future, driven by the increasing number of vehicles on the road and the need for top-quality aftermarket services.

 

Market Segmentation:

Market Breakup: By Type of Workshop

  • OEM/Authorized
  • Large Multi Brand
  • Small/Unorganized

Market Breakup: By Type of Vehicle Serviced

  • Sedan
  • SUV
  • Hatchback
  • Compact SUV
  • MPV

Market Breakup: By Age of Car

  • 0-3 Years
  • 3-6 Years
  • 6-9 Years
  • 9 Years & Above

Market Breakup: By Booking Mode

  • Online
  • Offline

Market Breakup: By Service Split

  • Maintenance
  • Car Care
  • Accident Repair

Regional Analysis

The automotive aftermarket service industry in Vietnam varies across different regions of the country. Generally, the industry is more developed in urban areas than in rural areas, due to the higher concentration of vehicles and service providers.

In the northern region of Vietnam, which includes Hanoi and surrounding provinces, the automotive aftermarket service industry is well-developed. This region has a large number of independent repair shops, franchised dealerships, and specialized service centers that offer a wide range of services, including repairs, maintenance, and customization.

In the central region of Vietnam, which includes cities such as Hue, Da Nang, and Quang Nam, the automotive aftermarket service industry is also relatively well-developed. The region has a mix of independent repair shops and franchised dealerships that provide a range of services, although there are fewer specialized service centers than in the north.

In the southern region of Vietnam, which includes Ho Chi Minh City and surrounding provinces, the automotive aftermarket service industry is the most developed in the country. The region has a large number of independent repair shops, franchised dealerships, and specialized service centers that offer a wide range of services, including high-quality repairs and maintenance for complex vehicles.

Despite these regional differences, the automotive aftermarket service industry in Vietnam is growing rapidly across the country. As the number of vehicles on the road continues to increase, the demand for aftermarket services is expected to grow, leading to further development of the industry in all regions of the country.

 Market Breakup By Region

  • Northern & Central Vietnam
  • Eastern Vietnam
  • Southern Vietnam
  • Western Vietnam

Competitive Landscape

The Vietnam Automotive Aftermarket Service Industry competitive landscape provides details by competitor. Details included are company outline, company financials, revenue generated, market potential, investment in research and development, new market initiatives, worldwide occurrence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The overhead data points providing are only related to the businesses’ focus related to Vietnam Automotive Aftermarket Service marketplace.

Major players operating in the Vietnam Automotive Aftermarket Service Industry are:

  • Ford Vietnam
  • Garage Doanh Workshop
  • Honda Vietnam
  • Hyundai Vietnam
  • Lexus
  • Liem Gia Phat
  • Mitsubishi Vietnam
  • Ngyuen Khoi
  • Pham Vu
  • Suzuki Vietnam
  • THACO
  • Thanh Phong Auto
  • Thanh Tam Auto
  • Toyota Motors Vietnam
  • Vietnam Car Care
  • Vinfast
  • Vu Khoi Garage
  • Vuong Phat Auto

Vietnam Automotive Aftermarket Service Industry Research Report, 2020-2031

Table of Contents

  1. 1. Introduction
    1. Report description
    2. Key market segments
    3. Regional Scope
    4. Executive Summary
  2. 2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. Secondary Analyst Tools and Models
  3. 3. Market Dynamics
    1. Market driver analysis
    2. Market restraint analysis
    3. Market Opportunity    
    4. Market Challenges
    5. Impact analysis of COVID-19 on the Vietnam Automotive Aftermarket Service Industry
  4. 4. Market Variables and Outlook
    1. SWOT Analysis
      1. Strengths
      2. Weaknesses
      3. Opportunities
      4. Threats
    2. Supply Chain Analysis
    3. PESTEL Analysis
      1. Political Landscape
      2. Economic Landscape
      3. Social Landscape
      4. Technological Landscape
      5. Environmental Landscape
      6. Legal Landscape
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitute
      4. Threat of New Entrant
      5. Competitive Rivalry
  5. 5. Vietnam Automotive Aftermarket Service Industry: Type of Workshop Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. OEM/Authorized
      1. Market Size & Forecast, 2020-2031
    4. Large Multi Brand
      1. Market Size & Forecast, 2020-2031
    5. Small/ Unorganized
      1. Market Size & Forecast, 2020-2031
  6. 6. Vietnam Automotive Aftermarket Service Industry: Type of Vehicle Serviced Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Sedan
      1. Market Size & Forecast, 2020-2031
    4. SUV
      1. Market Size & Forecast, 2020-2031
    5. Hatchback
      1. Market Size & Forecast, 2020-2031
    6. Compact SUV
      1. Market Size & Forecast, 2020-2031
    7. MPV
      1. Market Size & Forecast, 2020-2031
  7. 7. Vietnam Automotive Aftermarket Service Industry: Age of Car Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. 0-3 Years
      1. Market Size & Forecast, 2020-2031
    4. 3-6 Years
      1. Market Size & Forecast, 2020-2031
    5. 6-9 Years
      1. Market Size & Forecast, 2020-2031
    6. 9 Years & Above
      1. Market Size & Forecast, 2020-2031
  8. 8. Vietnam Automotive Aftermarket Service Industry: Booking Mode Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Offline
      1. Market Size & Forecast, 2020-2031
    4. Online
      1. Market Size & Forecast, 2020-2031
  9. 9. Vietnam Automotive Aftermarket Service Industry: Service Split Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Maintenance
      1. Market Size & Forecast, 2020-2031
    4. Car Care
      1. Market Size & Forecast, 2020-2031
    5. Accident Repair
      1. Market Size & Forecast, 2020-2031
  10. 10. Vietnam Automotive Aftermarket Service Industry: Regional Estimates & Trend Analysis
    1. Vietnam Automotive Aftermarket Service Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Northern & Central Vietnam
      1. Market Size & Forecast, 2020-2031
    4. Southern Vietnam
      1. Market Size & Forecast, 2020-2031
    5. Eastern
      1. Market Size & Forecast, 2020-2031
    6. Western
      1. Market Size & Forecast, 2020-2031
  11. 11. Competitive Landscape
    1. Company Market Share Analysis
    2. Vendor Landscape
    3. Competition Dashboard
  12. 12. Company Profiles
    1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
    2. Ford Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    3. Garage Doanh Workshop
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    4. Honda Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    5. Hyundai Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    6. Lexus
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    7. Liem Gia Phat
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    8. Mitsubishi Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    9. Ngyuen Khoi
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    10. Pham Vu
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    11. Suzuki Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    12. THACO
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    13. Thanh Tam Auto
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    14. Toyota Motors Vietnam
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    15. Vietnam Car Care
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    16. Vinfast
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    17. Vu Khoi Garage
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    18. Vuong Phat Auto
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
  13. 13. Conclusion

On Request



In case you don’t find what, you are looking for, please get in touch with our custom research team at sales@organicmarketresearch.com or Download Free Sample Report

  • Buy Now

Speak To Consultant

or Face to Face Meeting

Why Choose Us

  • 24x7 Post-Sales Support
  • 4000+ Reports Repository
  • 10% Free Customization
  • Large Network Of Industry Experts
  • Deep Sector Specific Intelligence
  • Unique Mix Of Global, Regional And Country Specific Reports

Related Reports

Recent News

Why Buy From Us?

Succeed

Our reports with in-depth insights will equip you to succeed in your business plans.

Instant Access

Get instant access to the information you need to make the right decision.

Opportunities

Explore where opportunities lie for you and mitigate the risks.

Trusted

We are one of the most trusted brands setting benchmarks of excellence.