Automotive Electric Power Steering Market 2019 Global Industry Share, Size, Opportunity, Manufacturers, Growth Factors, Statistics Data, Trends, Competitive Landscape And Regional Forecast To 2023 - MarketWatch



The automotive industry has been using traditional hydraulic pressure, provided by a pump, driven by the engine. This pump would constantly run, using the generated engine power, thus, placing an adverse load on the engine. This pump would continue running even when the steering wheel isn’t operated, adversely affecting the vehicle fuel consumption. With electric power steering mechanism, the engine load is utilized to guide the driver only when the steering wheel is turned, in either direction, thereby, decreasing the fuel consumption. The drag or thrust is still exerted on the engine but actually occurs only when the steering movement is performed, thereby improving the engine efficiency drastically.

https://www.marketwatch.com/press-release/automotive-electric-power-steering-market-2019-global-industry-share-size-opportunity-manufacturers-growth-factors-statistics-data-trends-competitive-landscape-and-regional-forecast-to-2023-2019-03-20

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