Vietnam Steering Market
                     Vietnam Steering Market Growth & 
Trends: The Shift Towards Electric Power 
Steering & Smart Technologies
The Vietnam Steering Market has witnessed significant growth in 
recent years, fueled by the rising demand for automobiles, 
advancements in steering technologies, and government 
initiatives promoting vehicle safety. As automotive manufacturers 
shift towards electric and automated steering systems, the market 
is undergoing rapid transformation to meet evolving consumer 
and industry demands.
According to industry insights, the Vietnam automotive sector is 
poised for continuous expansion, with a strong emphasis on 
Electric Power Steering (EPS), Hydraulic Power Steering (HPS), and 
Electro-Hydraulic Power Steering (EHPS). These innovations are 
expected to drive market growth, enhancing vehicle efficiency, 
safety, and performance.
For in-depth insights and statistics, check out the Vietnam 
Steering Market Research Report.
Key Market Trends Shaping the Vietnam 
Steering Market

Vietnam Steering Market Trends
1.Transition to Electric Power Steering (EPS)
The shift from traditional hydraulic steering to Electric Power 
Steering (EPS) is a major trend in Vietnam. EPS provides:
✅ Better fuel efficiency by eliminating hydraulic pumps
✅ Enhanced maneuverability and driving comfort
✅ Integration with ADAS (Advanced Driver Assistance Systems) for 
smart driving
Automakers  increasingly  prefer  EPS due to its low 
maintenance and eco-friendly benefits.
2.Growing Demand for Lightweight Steering Systems
Automotive manufacturers are focusing on lightweight materials to 
improve vehicle  performance  and  reduce  fuel  consumption.  
Modern  steering columns  and  linkages  are  being designed 
with aluminum alloys and composite materials, ensuring durability 
while keeping weight to a minimum.
3.Rising Adoption of Steering Sensors & AI Integration
The integration of sensors and artificial intelligence (AI) in steering 
systems is revolutionizing the industry. Smart steering technologies 
allow:
📌  Automatic lane-keeping assistance
📌  Collision avoidance through predictive analytics
📌  Adaptive steering for various driving conditions
This trend aligns with Vietnam's growing adoption of autonomous 
vehicle technologies, enhancing both safety and driving experience.
4. Expansion of the Automotive Sector in Vietnam
Vietnam’s automotive industry is one of the fastest-growing in 
Southeast Asia. With global players investing in local manufacturing 
plants, the demand for  high-performance  steering  components  
is  on  the  rise.  Moreover, government incentives for 
automotive production are fostering domestic steering system 
innovations.
📌  Read More: India Electric Power Steering Market to compare 
the market trends and insights with Vietnam.
Future Outlook of the Vietnam Steering 
Market
The Vietnam Steering Market is expected to expand at a steady 
CAGR in the coming years, driven by:
📌  Increased adoption of Electric Power Steering (EPS) across all 
vehicle categories
📌  Rising demand for electric and hybrid vehicles, supporting 
advanced steering technologies
📌   Government  regulations  on  vehicle  safety,  making  
steering enhancements a priority
📌  Growth  of  connected  vehicle  technologies,  boosting  
demand  for AI-integrated steering systems
As Vietnam’s automotive landscape evolves, steering 
manufacturers must focus on technological innovation, cost-
effective production, and supply chain optimization to gain a 
competitive edge.
Conclusion
The Vietnam Steering Market is undergoing a dynamic shift, 
driven by technological advancements, increasing automotive 
production, and evolving consumer  preferences.  With  
electrification,  AI-driven  automation,  and
lightweight materials reshaping the market, manufacturers and 
suppliers have lucrative opportunities for expansion.
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