Electric power steering system companies specialize in developing electronic systems that assist in steering vehicles. By replacing traditional hydraulic systems with electric components, these companies enhance steering precision and responsiveness while improving fuel efficiency.
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
June 2023
By the middle of the decade, Bosch intends to make electric power steer-by-wire systems widely available. The technology and service provider is moving forward with Arnold NextG. The two parties recently formed a partnership to pool their development experience and quicken the solutions' market readiness process.
Experience has proven that the system approvals for driving on public roads may be issued by the authorities more swiftly and effectively thanks to the redundancy of Arnold NextG technology. Bosch and Arnold NextG want to hasten the creation of systems that can be produced on an industrial scale.
The steering systems of the future are thought to be steer-by-wire devices. Bosch claims to have noticed the promise of steer-by-wire systems early on and is systematically advancing their development. Bosch is one of the world's top suppliers of electric steering systems. By-wire systems transmit mechanical signals and pulses using electronics. In order to effectively utilise the possibilities of particular tasks, they will also be a prerequisite for aided and automated driving.
April 2023
A modular, cost-effective electric power steering system called the Modular Rack-Assist Electric Power Steering (mREPS) system was introduced by Nexteer Automotive. With its flexibility, Nexteer's mREPS is able to effectively satisfy the many OEM requirements for sophisticated steering systems in heavier cars, such as electric vehicles and light commercial vehicles.
A full-cylindrical integrated powerpack is another feature of Nexteer's mREPS, which enables SAE ADAS Levels 3 to 5 to achieve improved safety and dependability in a small package. Furthermore, mREPS provides responsive steering with specially designed, high-performance torque and position sensors.
Top listed global companies in the industry are:
Electric Power Steering System Market Highlights:
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