Press release
Electric Parking Brake Market To Witness Increased Revenue Growth Owing To Rapid Increase In Demand : Fact.MR
A newly published report by Fact.MR establishes that the global market for electric parking brakes is expected to surpass a CAGR of 12% until 2031, clocking a valuation of US$ 4 Bn. Increasing tilt towards hydraulic based vehicular assemblies is majorly driving demand for the market in forthcoming years.Historically, from 2016 to 2020, electric parking brake sales expanded at over 10% CAGR, reaching a valuation of US$ 1.3 Bn. Prospects somewhat dipped amidst the COVID-19 pandemic, as mandatory shutdowns hindered automotive industry manufacturing processes in the first half of 2020. As relaxations were granted, factory premises resumed operations, restoring said projections.
For critical insights on this market, request for More Info - https://www.factmr.com/connectus/sample?flag=S&rep_id=2536
Key Segments Covered
Type
Electric-Hydraulic Caliper System Parking Brake
Cable-Pull System Electric Parking Brake
Component
Electronic Control Unit
Electric Parking Brake Actuator
Electric Parking Brake Switch
Vehicle Type
Electric Parking Brake for Passenger Cars
Electric Parking Brake for Light Commercial Vehicles
Electric Parking Brake for Heavy Commercial Vehicles
Sales Channel
Electric Parking Brake Sales for OEM
Electric Parking Brake for Aftermarket
Request more information about Report Methodology - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2536
Key Takeaways from the Market Study
Global market for electric parking brakes to expand over 3x until 2031
Electric hydraulic caliper systems to dominate the market, capturing 35% of global revenue
By vehicle type, light commercial vehicles segment to expand at a CAGR of 8%
By sales channel, OEMs to emerge as the primary sellers, capturing nearly half of global revenue
Sales across the U.S to register a staggering 10% CAGR across the forecast period
Asia to emerge as the most opportunistic market, yielding 60% of total market revenue
India, China and Japan to emerge as opportunistic investment hubs for manufacturers
"As safety, comfort, and efficiency become more important, consumers are choosing to have high-quality tools installed in their vehicles. In the future, cable pulled systems and hydraulic-electric caliper systems could reduce automobile costs, weight, and size. This will be the decisive factor in propelling the market for electric parking brakes in the upcoming decade." says a Fact.MR analyst.
For in-depth competitive analysis, Buy Now - https://www.factmr.com/checkout/2536
Competitive Landscape
Fact.MR has profiled some of the key players in the global electric parking brake market such as Aisin Seiki Co., Ltd., Continental AG, DURA Automotive Systems, TBK Co., Ltd., Hyundai Mobis Co., Ltd., Küster Holding GmbH, Mando-Hella Electronics Corp., Svenska Kullagerfabriken AB, ZF Friedrichshafen AG and Wuhu Bethel Automotive Safety Systems Co., Ltd.
The top market players in the electric parking brake market are focusing on product development and innovation. Electric parking brake manufacturers are focusing on developing technologically advanced and innovative solutions which can meet the changing customer requirements.
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Parking Brake Market To Witness Increased Revenue Growth Owing To Rapid Increase In Demand : Fact.MR here
News-ID: 2666878 • Views: …
More Releases from Fact Mr
U.S. Semiconductor Dry Etch Systems Market Size to Reach USD 31.75 Billion by 20 …
According to a market study published by Fact.MR, The global semiconductor dry etch systems market was valued at USD 16.90 billion in 2025, is estimated at USD 17.90 billion in 2026, and is projected to reach USD 31.75 billion by 2036. the industry is expected to expand at a compound annual growth rate (CAGR) of 5.9% over the 2026 to 2036 forecast period.
Get detailed market forecasts, competitive benchmarking, and pricing…
Livestream Checkout Plugins Market Size to Reach USD 6.1 billion by 2036, Expand …
According to a market study published by Fact.MR, The global livestream checkout plugins market is estimated at USD 1.2 billion in 2026 and is projected to reach USD 6.1 billion by 2036. the market is forecast to expand at a compound annual growth rate (CAGR) of 17.7% over the 2026 to 2036 period. For e-commerce category managers, retail innovation heads, social commerce leads, and digital technology investors, livestream checkout plugins…
U.S. Carbon Removal MRV Services Market Size to Hit USD 15.0 Billion by 2036, Su …
According to a market study published by Fact.MR, The global carbon removal MRV services market crossed a valuation of USD 0.3 billion in 2025, is estimated at USD 0.4 billion in 2026, and is projected to reach USD 15.0 billion by 2036. the sector is forecast to expand at an extraordinary compound annual growth rate (CAGR) of 43.7% between 2026 and 2036.
Get detailed market forecasts, competitive benchmarking, and pricing trends:…
U.S. Post-Quantum Migration Services Market Size to Hit USD 55.0 billion by 2036 …
According to a market study published by Fact.MR, The global post-quantum migration services market is estimated at USD 2.3 billion in 2026 and is projected to expand rapidly, reaching USD 55.0 billion by 2036. the industry is expected to grow at a compound annual growth rate (CAGR) of 37.4% over the 2026 to 2036 forecast period.
Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.factmr.com/connectus/sample?flag=S&rep_id=15252
For enterprise decision-makers, chief information security…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
