Report Overview

Vietnam Robotics Market – Industry Trends & Forecast Report, 2031

Vietnam Robotics Market size was estimated at USD 419.72 million in 2024. During the forecast period between 2025 and 2031, Vietnam Robotics Market size is projected to grow at a CAGR of 3.7% reaching a value of USD 541.27 million by 2031. Prominent drivers of the market include the rising adoption of automation and the growing integration of Industry 4.0 technologies across industrial and manufacturing sectors. These advancements aim to boost efficiency, productivity, and accuracy while minimizing operational costs. The increasing demand for intelligent, automated solutions across industries such as manufacturing, healthcare, and logistics is significantly propelling market growth. The integration of artificial intelligence (AI) and machine learning (ML) into robotic systems has enhanced their ability to perform complex tasks, improving both performance and flexibility. Additionally, robotics is increasingly being used to minimize human involvement in dangerous or labor-intensive environments, enhancing workplace safety. As organizations continue to prioritize cost-efficiency and precision, investment in robotic technologies is expected to rise, driving further innovation and market expansion in Vietnam.

Robotics – Overview

Robotics is an interdisciplinary field combining engineering and computer science to design and operate machines that perform tasks ranging from repetitive to hazardous or beyond human capability. Integrating sensors, control systems, and AI, modern robots can adapt to their environments and make autonomous decisions. With growing applications in manufacturing, healthcare, agriculture, and space, robotics is poised to transform industries by enhancing efficiency, safety, and problem-solving capabilities.

Vietnam Robotics Market

Growth Drivers

Government Support & Industry 4.0 Initiatives

The Vietnamese government's proactive support for technological innovation and Industry 4.0 adoption is a key catalyst for the growth of the robotics market. Through policies promoting automation, tax incentives, R&D subsidies, and investments in smart manufacturing infrastructure, the government is fostering a favorable environment for robotics integration. Initiatives to establish high-tech industrial zones and innovation centers further enhance market potential. Additionally, educational and vocational training reforms aimed at developing a skilled workforce in robotics and automation are strengthening the industry's foundation. These efforts also attract foreign investment, positioning Vietnam as a rising leader in Southeast Asia's robotics sector.

Challenges

High Initial Investment

A major challenge in the Vietnam Robotics Market is the high upfront cost of acquiring and integrating robotic systems. The significant investment required for purchasing advanced robots, upgrading infrastructure, and maintaining operations poses a barrier, particularly for small and medium-sized enterprises (SMEs) with limited budgets. These costs also include necessary enhancements to digital infrastructure, which can be unaffordable for businesses in rural or underdeveloped areas. As a result, the adoption of robotics remains concentrated among larger corporations, potentially widening the technological gap between large and small enterprises across the country.

Impact of Escalating Geopolitical Tensions on Vietnam Robotics Market

Escalating geopolitical tensions could significantly impact the growth of Vietnam Robotics Market. Heightened global conflicts may disrupt supply chains, leading to delays or increased costs in importing key robotic components and technologies. As Vietnam relies on international trade and foreign investments, rising uncertainties could affect investor confidence and slow the inflow of capital and technological collaboration. Export restrictions and trade barriers may further limit access to advanced robotics solutions. Additionally, shifts in global alliances and market dynamics could pressure local industries to diversify suppliers or increase domestic production, potentially raising costs and affecting the pace of robotics adoption across various sectors.

Vietnam Robotics Market

Segmental Coverage

Vietnam Robotics Market – By Type

Based on type, Vietnam Robotics Market is divided into Industrial Robots, Service Robots, and Mobile Robots segments. The industrial robots segment holds the highest share in Vietnam Robotics Market by type. The industrial robots includes articulated robots, SCARA robots, cartesian robots, parallel robots, and collaborative robots (cobots). Amongst them, the articulated robots segment holds the highest share in Vietnam Robotics Market. The dominance is attributed to their exceptional flexibility, precision, and adaptability across a broad range of industrial applications. Widely used in automotive, electronics, and heavy machinery sectors, articulated robots are ideal for complex tasks such as welding, assembly, and material handling. Their growing adoption is further driven by rising automation in manufacturing, efforts to boost productivity, and reduce labor costs. Technological advancements, including AI and machine learning integration, along with strong government support for Industry 4.0, continue to strengthen this segment's leadership in the Vietnamese market.

Vietnam Robotics Market – By Component

Vietnam Robotics Market by component is divided into Hardware, Software, and Services segments. The hardware segment holds the largest share of Vietnam Robotics Market by component. It is primarily due to its fundamental role in building and operating robotic systems. Hardware includes essential components such as robotic arms, sensors, actuators, and controllers, which are critical for functionality and performance. Growing industrialization in sectors like manufacturing, electronics, and logistics is driving demand for advanced robotic hardware. The rise of automated solutions in e-commerce and infrastructure development, along with government incentives for automation, further fuels this segment. Continuous technological improvements in hardware components ensure its sustained dominance in the market throughout the forecast period.

Vietnam Robotics Market – By End User

On the basis of end user, Vietnam Robotics Market is segmented into Automotive, Electronics & Semiconductors, Food & Beverages, Healthcare & Medical, Logistics & Warehousing, Agriculture, Defense & Security, and Education & Research.

Competitive Landscape

Major players operating in Vietnam Robotics Market include Omron Corporation, Denso Corporation, Kawasaki Heavy Industries, Ltd, Yaskawa Electric Corporation, Nachi-Fujikoshi Corporation, ABB Ltd, FANUC Corporation, KUKA AG, Techman Robot Inc., and Mitsubishi Electric Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Type

• Industrial Robots

• Service Robots

• Mobile Robots

By Component

• Hardware

• Software

• Services

By End User

• Automotive

• Electronics & Semiconductors

• Food & Beverages

• Healthcare & Medical

• Logistics & Warehousing

• Agriculture

• Defense & Security

• Education & Research

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Vietnam Robotics Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Industrial Automation Push
         2. Government Support & Industry 4.0 Initiatives
         3. Rising Labor Costs
      2. Restraints
         1. High Initial Investment
         2. Lack of Skilled Workforce
      3. Opportunities
         1. Healthcare & Service Robotics
         2. Startups & Local Innovation
      4. Challenges
         1. Cybersecurity Risks
         2. Market Fragmentation
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Vietnam Robotics Market: Marketing Strategies
5. Vietnam Robotics Market: Pricing Analysis
6. Vietnam Robotics Market Overview
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Industrial Robots
         2. Service Robots
         3. Mobile Robots
      2. By Component
         1. Hardware
         2. Software
         3. Services
      3. By End User
         1. Automotive
         2. Electronics & Semiconductors
         3. Food & Beverage
         4. Healthcare & Medical
         5. Logistics & Warehousing
         6. Agriculture
         7. Defense & Security
         8. Education & Research
      4. Competitive Landscape
   3. List of Key Players and Their End Users
   4. Vietnam Robotics Market, Company Market Share Analysis, 2024
   5. Competitive Benchmarking, By Operating Parameters
   6. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
7. Impact of Escalating Geopolitical Tensions on Vietnam Robotics Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Omron Corporation
   2. Denso Corporation
   3. Kawasaki Heavy Industries, Ltd
   4. Yaskawa Electric Corporation
   5. Nachi-Fujikoshi Corporation
   6. ABB Ltd
   7. FANUC Corporation
   8. KUKA AG
   9. Techman Robot Inc.
   10. Mitsubishi Electric Corporation
   11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents
    5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1   Vietnam Robotics Market Segmentation

Figure 2   Vietnam Robotics Market Value Chain Analysis

Figure 3   Company Market Share Analysis, 2024

Figure 4   Vietnam Robotics Market Size, By Value (USD Million), 2019–2031

Figure 5   Vietnam Robotics Market Share, By Type, By Value (USD Million) 2019–2031

Figure 6   Vietnam Robotics Market Share, By Component, By Value (USD Million) 2019–2031

Figure 7   Vietnam Robotics Market Share, By End User, By Value (USD Million) 2019–2031

List of Tables

Table 1      Vietnam Robotics Market Share, By Type, By Value (USD Million) 2019–2031

Table 2      Vietnam Robotics Market Share, By Component, By Value (USD Million) 2019–2031

Table 3      Vietnam Robotics Market Share, By End User, By Value (USD Million) 2019–2031

Table 4      Omron Corporation Company Overview

Table 5      Omron Corporation Financial Overview

Table 6      Denso Corporation Company Overview

Table 7      Denso Corporation Financial Overview

Table 8      Kawasaki Heavy Industries, Ltd Company Overview

Table 9      Kawasaki Heavy Industries, Ltd Financial Overview

Table 10    Yaskawa Electric Corporation Company Overview

Table 11    Yaskawa Electric Corporation Financial Overview

Table 12    Nachi-Fujikoshi Corporation Company Overview

Table 13    Nachi-Fujikoshi Corporation Financial Overview

Table 14    ABB Ltd Company Overview

Table 15    ABB Ltd Financial Overview

Table 16    FANUC Corporation Company Overview

Table 17    FANUC Corporation Financial Overview

Table 18    KUKA AG Company Overview

Table 19    KUKA AG Financial Overview

Table 20    Techman Robot Inc. Company Overview

Table 21    Techman Robot Inc. Financial Overview

Table 22    Mitsubishi Electric Corporation Company Overview

Table 23    Mitsubishi Electric Corporation Financial Overview