Press release
Automotive Park Brake Lever (Handbrake) Market will grow due to rising demand for safety features in vehicles | Key Players: ZF Friedrichshafen AG, Robert Bosch GmbH, Eaton, BorgWarner Inc., AISIN
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An automotive park brake lever is a lever located in the center console of a vehicle that is used to engage the parking brake. The parking brake is a mechanism that prevents the vehicle from rolling when it is not in motion. The parking brake lever is typically engaged by pulling on the lever with the hand. The parking brake lever is released by pushing on the lever with the hand.
Key Trends
Some of the key trends in automotive park brake lever technology include the development of more compact and lightweight designs, the integration of sensors and other electronics, and the use of alternative materials such as composites.
Compact and lightweight designs are becoming increasingly popular as they offer space and weight savings. This is especially important in electric and hybrid vehicles where every gram counts.
The integration of sensors and other electronics is another trend that is gaining traction. This allows the park brake lever to be used as part of a more comprehensive safety system. For example, some systems can automatically apply the parking brake if the vehicle is left unattended on an incline.
Read more about Automotive Park Brake Lever (Handbrake) Market here: https://www.globalinsightservices.com/reports/automotive-park-brake-lever-handbrake-market/
Key Drivers
The automotive park brake lever (handbrake) market is primarily driven by the rising demand for safety features in vehicles. In addition, the growing popularity of SUVs and crossovers is also expected to fuel the growth of the market. Moreover, the increasingly stringent government regulations regarding vehicle safety are also expected to propel the growth of the market.
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Market Segmentation
By Lever Type
Pull-twist Handgrip Lever
Pull-press-button Hand-Lever
Pull-squeeze Pistol-grip Hand-lever
Others
By Functionality Type
Conventional
Electric
By Vehicle Type
Conventional Vehicles
Passenger Car
Compact Cars
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
Key Players
The key players in the Automotive Park Brake Lever (Handbrake) Market are SKF, Ficosa Internacional SA, Hitachi, Ltd., Continental AG, ZF Friedrichshafen AG, Robert Bosch GmbH, Eaton, BorgWarner Inc., AISIN, and The AEVIT.
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