When you install a new Plug & Play compatible device, Windows 7 checks the driver store first to see if an appropriate driver is available. If yes, installation proceeds immediately & automatically.

If Microsoft Update detects that you are using an older version of a particular Driver, it will immediately offer to update the driver with a compatible newer version.
If no compatible one is available, it will prompt you to search for driver software. Windows 7, will by default, install drivers from trusted publishers without prompts. In other cases, you will be presented with a consent dialog box.
You can also always update manually directly by visiting the mother sites. I’m therefore listing below some of the driver update sites, which I came across on techpp. The list of Drivers for Windows Vista already appears at WinVistaClub.
ATI Radeon drivers for Windows 7
Biostar drivers for Windows 7
C-Media AC97 drivers for Windows 7
Creative Sound Blaster Drivers for Windows 7
HP Computer System Drivers for Windows 7
HP Printer/Scanner Drivers for Windows 7
Intel Motherboard Drivers for Windows 7
Intel Chipset Drivers for Windows 7
Lexmark Printer Drivers for Windows 7
Microsoft Hardware Drivers for Windows 7
NVIDIA GeForce/ION Driver for Windows 7
Realtek AC97 Driver for Windows 7
Realtek High Definition Driver for Windows 7
You can also visit Microsoft Download Center or Microsoft Update Catalog for an exhaustive list of available Drivers.
To install Intel Drivers, see the Intel Drivers Updater.
To see where you can find all the latest AMD Drivers click here and here.
These links may interest you:
Search For And Update Windows Drivers, Remove Unused Device Drivers From Windows
How to identify or verify unsigned / signed drivers in Windows 7 & Vista
How To Uninstall, Roll Back or Update Drivers
How To Troubleshoot Driver Problems in Windows 7 & Vista.
