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Automotive Electric Parking Brake Market Value Chain 2027 - Top Companies Aisin Seiki, Allegro MicroSystems, Continental AG, EMC, HELLA GmbH, Hyundai Mobis, Küster Holding GmbH, WABCO and ZF Friedrichshafen AG

07-09-2019 07:47 PM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Automotive Electric Parking Brake Market

Automotive Electric Parking Brake Market

Worldwide Automotive Electric Parking Brake Market Analysis to 2027 is a specialized and in-depth study of the Automotive Electric Parking Brake Industry with a focus on the global market trend. The report aims to provide an overview of global Automotive Electric Parking Brake Market with detailed market segmentation by product/application and geography. The global Automotive Electric Parking Brake Market is expected to witness high growth during the forecast period.

The electric parking brake is also known as the automatic parking brake (APB). This system offers the driver more comfort and convenience. Moreover, as the h and lever is not utilized, the car manufacturers have more liberty of choice as to where they place the operating parts in the vehicle. The electric park brake comes with features such as hill- or auto-hold.

The hill-hold feature stops the vehicle rolling away accidentally when setting off or st and ing still. On the other h and , auto-hold keeps the brake pressure applied after the driver releases the pedal. Some of the functionality of the electric parking brake includes dynamic emergency brake function, adaptive hill-start assistant, parking brake, and brake pad wear control.

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Top Leading Market Players:

1. AISIN SEIKI Co. , Ltd.
2. Allegro MicroSystems, LLC
3. Brembo S. p. A.
4. Continental AG
6. HELLA GmbH Co. KGaA
7. Hyundai Mobis
8. Küster Holding GmbH
10. ZF Friedrichshafen AG

The strong competition in the automotive sector, the increasing electronic content per vehicle, and the government's urge to make safer vehicles have resulted in the m and atory installation of advanced driver assistance systems such as EPB by the automakers. This has not only offered lucrative opportunities for the present players but also expected to result in escalating the market's competitive environment. Further, the rise in the adoption of electric vehicles is another factor of the automotive electric parking brake market growth.

Market Segmentation :

The global automotive electric parking brake market is segmented on the basis of component, type, vehicle type, and sales channel. Based on component, the market is segmented as caliper integrated system, brake systems, electronic control unit, sensors, and actuators. Further, based on type, the automotive electric parking brake market is divided into electric-hydraulic caliper system, and full electric drive-by-wire systems. Furthermore, on basis of vehicle type, automotive electric parking brake market is segmented as passenger car, light commercial vehicle, and heavy commercial vehicle.

Regional Framework ;

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive electric parking brake market based on various segments. it also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive electric parking brake market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive electric parking brake market from both dem and and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the automotive electric parking brake market for each region.

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Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market

Contact Us:

The Insight partners,
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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