According to our (Global Info Research) latest study, the global Electric Parking Brake market size was valued at USD 7326.9 million in 2023 and is forecast to a readjusted size of USD 11750 million by 2030 with a CAGR of 7.0% during review period.
Electric parking brake is a substitute of traditional handbrake. Electric parking brake eliminates the need for a parking brake lever or pedal and improves vehicle styling, space management and crashworthiness. It's a lot easier for automakers to design their interiors and to add new features and options.
Global electric parking brake key players include ZF, Continental, Küster, Dura, Mando, etc. Global top 5 manufacturers hold a share over 80%.
Europe is the largest market, with a share over 37%, followed by Asia-Pacific, have a share over 36%.
The Global Info Research report includes an overview of the development of the Electric Parking Brake industry chain, the market status of Sedans (Caliper Integrated EPB, Cable Puller EPB), SUVs (Caliper Integrated EPB, Cable Puller EPB), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Parking Brake.
Regionally, the report analyzes the Electric Parking Brake markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Parking Brake market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Parking Brake market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Parking Brake industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Caliper Integrated EPB, Cable Puller EPB).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Parking Brake market.
Regional Analysis: The report involves examining the Electric Parking Brake market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Parking Brake market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Parking Brake:
Company Analysis: Report covers individual Electric Parking Brake manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Parking Brake This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sedans, SUVs).
Technology Analysis: Report covers specific technologies relevant to Electric Parking Brake. It assesses the current state, advancements, and potential future developments in Electric Parking Brake areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Parking Brake market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Parking Brake market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Caliper Integrated EPB
Cable Puller EPB
Market segment by Application
Sedans
SUVs
Others
Major players covered
ZF
Continental
Chassis Brakes International
Küster
Aisin
Mando
Hyundai Mobis
Zhejiang Libang Hexin
Wuhu Bethel Automotive
Advics (Aisin)
Huayu Automotive Systems
Hitachi Astemo
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Parking Brake product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Parking Brake, with price, sales, revenue and global market share of Electric Parking Brake from 2019 to 2024.
Chapter 3, the Electric Parking Brake competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Parking Brake breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Parking Brake market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Parking Brake.
Chapter 14 and 15, to describe Electric Parking Brake sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electric Parking Brake . Industry analysis & Market Report on Electric Parking Brake is a syndicated market report, published as Global Electric Parking Brake Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Electric Parking Brake market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.