Power steering

PWR Steer Continues to Disrupt the Power Steering Market with Introduction of Installation Ready™ EPS Rack and Pinion Assemblies

Retrieved on: 
Tuesday, June 20, 2023
DIY, Rack, PWR, EPS, OE, Power steering, Installation, Pinion, Warehouse

"PWR Steer's pioneering "Installation Ready" new power steering products offer our DIFM and DIY customers easier installation with OE performance and dependability," says Jamie Dolder, Director of Sales at PWR Steer.

Key Points: 
  • "PWR Steer's pioneering "Installation Ready" new power steering products offer our DIFM and DIY customers easier installation with OE performance and dependability," says Jamie Dolder, Director of Sales at PWR Steer.
  • "Our product team continues to drive the market with innovative and first-to-market offerings as we announce our new EPS rack and pinion assemblies."
  • The availability of EPS rack and pinion assemblies marks a notable advancement in PWR Steer's continued dedication to supplying parts for emerging automotive technologies.
  • PWR Steer Installation Ready EPS Rack and Pinion assemblies are available today through leading automotive retailers and wholesale distributors.

Automotive Steering System Market worth $39.5 billion by 2027- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 14, 2023
HPS, EPS, Original equipment manufacturer, NS2 (HCV), Safety, ADAS, Power, SUV, Electric vehicle, EVS, Growth, Environment, Advanced driver-assistance system, Points of the compass, Power steering, Transport, Natural gas

Electric Power Steering (EPS) will become the mainstream steering system for passenger cars.

Key Points: 
  • Electric Power Steering (EPS) will become the mainstream steering system for passenger cars.
  • Since passenger cars contribute to > 75% of global vehicle production, EPS systems are expected to dominate the global automotive steering system market.
  • The overall vehicle production from Asia Pacific stands >60%, making it the largest automotive steering system market.
  • Due to the diminishing global production of vehicles due to the economic turndown, the growth rate in this region is expected to fall for the automotive steering system market.

The Worldwide Vehicle Electrification Industry is Expected to Reach $121.6 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 4, 2023
Recreational Vehicles, Vehicle Technology, Performance & Special Interest, EV, Electric Vehicles, Off-Road Trucks & SUVs, Fleet Management, Alternative Vehicles, Fuels, General Automotive, Autonomous Driving, Vehicles, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Growth, Power steering, Vehicle electrification, Pet, Video game

The global market for Vehicle Electrification estimated at US$74 Billion in the year 2020, is projected to reach a revised size of US$121.6 Billion by 2027, growing at a CAGR of 7.3% over the analysis period 2020-2027.

Key Points: 
  • The global market for Vehicle Electrification estimated at US$74 Billion in the year 2020, is projected to reach a revised size of US$121.6 Billion by 2027, growing at a CAGR of 7.3% over the analysis period 2020-2027.
  • Electric Power Steering, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$36.4 Billion by the end of the analysis period.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$27.3 Billion by the year 2027 trailing a CAGR of 12.6% over the analysis period 2020 to 2027.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16.3 Billion by the year 2027.

China Automotive Systems Launches New Electric Power Steering Systems for BYD

Retrieved on: 
Monday, December 12, 2022
Security (finance), Harshness, BYD Company, EPS, Computer-aided design, Frigate, EV, BYD, Fiat Chrysler Automobiles, Intelligence, NVH, CAAS, COVID-19, BYD Auto, FAW Group, Record, Marine life, Vibration, Republic, China Automotive Systems, Risk, Annual report, Ford Motor Company, FCA, Power steering, CAD, Motor vehicle, Denza, Noise

WUHAN, China, Dec. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has introduced a new series of Electric Power Steering ("EPS") systems for the largest Chinese EV producer, BYD Auto ("BYD").

Key Points: 
  • WUHAN, China, Dec. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has introduced a new series of Electric Power Steering ("EPS") systems for the largest Chinese EV producer, BYD Auto ("BYD").
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.
  • The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles.
  • The Company currently offers four separate series of power steering with an annual production capacity of over 6 million sets of steering gears, columns and steering hoses.

Worldwide Electric Power Steering System Industry to 2030 - Featuring Continental, Danfoss, GKN Automotive and Robert Bosch Among Others - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022
Automotive, General Automotive, EPS, ADAS, Component, Movement, Electricity, Propulsion, Growth, ECU, Marketing, Region, Power steering, US, Heavy equipment, Hydraulic machinery, Satellite navigation device, Renewable energy

Electric power steering has emerged as an alternative to conventional steering systems such as electro-hydraulic and hydraulic systems.

Key Points: 
  • Electric power steering has emerged as an alternative to conventional steering systems such as electro-hydraulic and hydraulic systems.
  • Electric power steering assists the driver with the help of an electric motor.
  • Moreover, electric power steering systems eliminate the need for power steering pumps that uses around 10HP load, especially in heavy vehicles.
  • Currently, Electric Power Steering (EPS) is equipped with an electromechanical control system that incorporates a dual circuit ECU and a motor in the steering mechanism.

WHAT'S NEW: 2023 LEXUS LX 600

Retrieved on: 
Wednesday, November 9, 2022
Auto, USB, SUV, Motion, Direct, RSA, PCS, Interface, OTA, HMI, Human voice, Interest, AHC, Acceleration, Electronically controlled brake, MID, Risk, Time, Environment, Control, Onyx, ESA, V6, GA, LX, PS, L4, ECB, Standstill, AVS, Head, Traction, NX, App, LTA, High-output heart failure, Human–machine system, AEB, Collision avoidance system, LDA, Lens flare, EPS, MIDH, Safety, Sale, Ultra, DC, Movement, FCW, VIP, Human, Sensation, Torso, Torque, Torsen, User interface, MIDL, LSD, The White Pearl, Self-levelling suspension, Power steering, Road, Television set, Interior design, Rail transport, Electric motor, Taxicab, Instrumentation, Rolling (metalworking), Mobile phone, Satellite navigation device, Caviar, Sand, Lexus

The 2023 LX 600 maintains the GA-F platform introduced in 2022, which increased body rigidity to achieve a smooth composure and superior comfort level, according to Lexus Driving Signature.

Key Points: 
  • The 2023 LX 600 maintains the GA-F platform introduced in 2022, which increased body rigidity to achieve a smooth composure and superior comfort level, according to Lexus Driving Signature.
  • The North American-developed Lexus Interface multimedia system allows the LX to seamlessly integrate and navigate life's twists and turns.
  • The LX comes standard with Lexus Safety System+ 2.5, which brings a suite of key active safety features to the vehicle.
  • The 2023 LX 600 will go on sale by the end of 2022.

World Premiere of the New All-Electric Lexus UX 300e

Retrieved on: 
Wednesday, October 12, 2022
Adoption, HEV, Lexus, Mercedes-Benz, UX, BEV, SUV, Philosophy, Technology, EPS, RZ, Power steering, Bev Facey Community High School, Rail transport

The updated UX 300e joins the new UX 200/250h announced earlier this year, with deliveries scheduled to begin in spring 2023.

Key Points: 
  • The updated UX 300e joins the new UX 200/250h announced earlier this year, with deliveries scheduled to begin in spring 2023.
  • In 2020, Lexus launched UX 300e as the brand's first production BEV model.
  • The enhancements announced for the UX 300e are based on the relentless pursuit of perfection under an "Always On" philosophy.
  • As a leading light for "Lexus Electrified," the refinement of UX 300e is a key step on the path towards a carbon-neutral society."

Electric Power Steering Procurement Category Is Projected to Grow at a CAGR of 5.63% by 2026, SpendEdge Reports

Retrieved on: 
Wednesday, August 3, 2022
Electric power, Power steering, Insight, Logistics, Growth, CAGR, RFX, Fine chemical

What are the Key Data Covered in this Electric Power Steering Sourcing and Procurement Market Report?

Key Points: 
  • What are the Key Data Covered in this Electric Power Steering Sourcing and Procurement Market Report?
  • Detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the Electric Power Steering procurement and sourcing market.
  • Precise estimation of procurement strategies deployed by major category end-users across several industries while sourcing for Electric Power Steering requirements.
  • Comprehensive details about each pricing model and the pros and cons attached to every pricing model prevalent in the market.

Valued to be $107.5 Billion by 2026, Vehicle Electrification Slated for Robust Growth Worldwide

Retrieved on: 
Tuesday, June 28, 2022
Pump, Mitsubishi Electric, Research, Marketing, COVID-19, Growth, Integration, ISG, ZF Friedrichshafen, SAN, Johnson Controls, CAGR, ICE, Power steering, Continental AG, Players, Continental, Intelligence, Forecasting, BEV, Internet, PHEV, EPS, HEV, Vehicle electrification, Denso, GIA, Aptiv, Internal combustion engine, BorgWarner, Renewable energy, Pet, Actuator, Others

Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.

Key Points: 
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $20.7 Billion in 2021, While China is Forecast to Reach $22.9 Billion by 2026
    The Vehicle Electrification market in the U.S. is estimated at US$20.7 Billion in the year 2021.
  • These regional markets accounting for a combined market size of US$5.3 Billion will reach a projected size of US$7.7 Billion by the close of the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Electric Vehicle Market To Reach USD 823.75 Billion By 2030 Registering A CAGR Of 18.2% - Valuates Reports

Retrieved on: 
Monday, June 27, 2022
Aircraft, Lithium, Review, Electric aircraft, Motorcycle, USD, Electric vehicle, Research, Scooter (motorcycle), Industry, Electric car, EV, The Comment Section, CAGR, EVTOL, Recycling, Comment, Power steering, Compound annual growth rate, Valuation using multiples, Cryptocurrency, Coal, Pet, Video game, Telecommunication

- The global Electric Commercial Vehicle market size is projected to reach USD 178560 million by 2027, from USD 101270 million in 2020, at a CAGR of 8.3% during 2021-2027.

Key Points: 
  • - The global Electric Commercial Vehicle market size is projected to reach USD 178560 million by 2027, from USD 101270 million in 2020, at a CAGR of 8.3% during 2021-2027.
  • - The global more electric aircraft market valued USD 1,809.20 million in 2019, and is projected to reach usd 4,612.69 million in 2027, registering a CAGR of 15.5%.
  • - E-bikes market was valued at USD 40.3 Billion in 2019, and is projected to reach USD 118.6 Billion by 2030, registering a CAGR of 10.5% from 2020 to 2030.
  • - The global micromobility market was valued at USD 40.19 Billion in 2020, and is projected to reach USD 195.42 Billion by 2030, registering a CAGR of 17.4% from 2021 to 2030.