Magnetorheological fluids are liquids that can change from liquid to solid when exposed to a magnetic field. They consist of magnetizable particles suspended in a carrier fluid like oil or water. As a magnetic field is applied, the particles form chains and structures that increase the fluid's viscosity and yield stress. MR fluids have applications in vehicle suspension dampers and transmissions where they allow precise control and fast response times to dampen vibrations or control torque transmission. Their properties can be controlled electronically and they require low power levels compared to similar smart fluids.