Results for tag: "Steering Motor"

The Steering Motor market is a specialized sector within the broader automotive steering systems industry, which encompasses various components and technologies necessary for vehicle maneuverability. Steering motors, particularly electric power steering motors, have become increasingly prevalent in modern vehicles due to their role in improving the efficiency and precision of steering systems. These components are essential in an electric power steering (EPS) system, where they provide the necessary assistance to the driver, reducing the manual force required to steer the vehicle. The market includes motors for various vehicle types, ranging from passenger cars to commercial vehicles, and incorporates advancements in automotive technology, such as automation and electrification. Developments in the steering motor market are closely tied to trends in vehicle design, safety requirements, and consumer demand for more responsive and energy-efficient vehicles. Some notable companies operating in the steering motor market include Bosch, Denso Corporation, Mitsubishi Electric Corporation, Nexteer Automotive, and TRW Automotive (acquired by ZF Friedrichshafen). These companies are engaged in the development, manufacture, and supply of steering motors and related systems, and are key players shaping the dynamics of the market through technological innovation and strategic partnerships. Show Less Read more