Press release
Electric Parking Brake Market Set to Reach USD 4.41 Billion by 2029 with a CAGR of 12.0%
Electric Parking Brake Market
Report Scope:
The Electric Parking Brake Market report offers a detailed analysis encompassing various segments, including System Type. The report delves into regional dynamics, growth drivers, and market trends, catering to industry stakeholders seeking insights for informed decision-making.
Research Methodology:
This comprehensive research employs rigorous methodologies to assess current market activities and developments. It provides revenue growth assessments on a global scale, with a focus on key regions, from 2021 to 2029. The report's meticulous approach empowers investors and stakeholders by offering a comprehensive competitive landscape analysis of major players, their financial status, growth strategies, and global reach.
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What are Electric Parking Brake Market Dynamics?
Market Dynamics:
The Electric Parking Brake market is fueled by multiple driving factors, including the ever-evolving automotive industry's technological advancements and the rising demand for safety and comfort features. The integration of EPB systems in modern vehicles is poised to shape the market landscape during the forecast period.
Market Restraints:
While the adoption of Electric Parking Brakes offers numerous benefits, repair costs and the need for specialized personnel pose challenges, potentially limiting market growth.
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Electric Parking Brake Market Segmentation?
The cable puller design was popular and is still used, but the caliper-integrated design has gained favor and will likely be favoured throughout the projected period due to its simplicity. The EPB brake caliper is also the EPB's main component.
A bidirectional electric motor is built into each caliper in the caliper-integrated design. This electric motor mechanically drives the caliper piston out to create the required clamping force on the rotor. To deliver the required force, most systems would use a gear reduction drive with a small electric motor. There are several advantages to the caliper-integrated EPB design configuration.
by Vehicle Type
Passenger Vehicle
2. Light Commercial Vehicle
3. Heavy Commercial Vehicle
by System Type
Cable Pull System
2. Electric-hydraulic Caliper Systems
by Component
CaliperIntegrated System
2. Electronic Control Unit
3. Sensors
4. Actuators
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Who are Electric Parking Brake Market Key Players?
Hyundai Mobis
2. SKF Group
3. Aisin Seiki Co., Ltd.
4. Akebono Brake Industry Co., Ltd.
5. Hitachi, Ltd.
6. Toshiba Corporation
7. Brembo S.p.A.
8. Robert Bosch GmbH
9. Sanken Electric Co., Ltd.
10. ZF Friedrichshafen AG
11. Shougang Group Co., Ltd.
12. HELLA GmbH & Co. KGaA
13. Dura Automotive Systems
14. TRW Inc.
15. KUSTER Holding GmbH
16. Continental AG
17. DURA Automotive Systems
18. Aisin Corporation
19. Mando Corporation
20. AB SKF
21. Hyundai Mobis
22. Wuhu Bethel
23. APG
24. Zhejiang Wanchao
25. Mando
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Table of content for the Electric Parking Brake Market includes:
Global Electric Parking Brake Market : Research Methodology
Global Electric Parking Brake Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Electric Parking Brake Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Electric Parking Brake Market Segmentation
Global Market, by Vehicle Type (2021-2029)
Global Market, by System Type (2021-2029)
Global Market, by Component (2021-2029)
Global Regional Electric Parking Brake Market (2021-2029)
Regional Market, by Vehicle Type (2021-2029)
Regional Market, by System Type (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Country (2021-2029)
Global Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
The Electric Parking Brake market is set to experience significant growth across different regions. North America currently dominates the market, driven by a thriving automotive industry, substantial R&D investments, and a concentration of key market players. The Asia-Pacific region, particularly China, is expected to witness exponential growth due to the expanding automotive sector, rising disposable income, and a growing middle class.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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