Actuators for Electric Parking Brake Market Share Driven by Vehicle Electrification and Advanced Braking Technologies | Valuates Reports

Actuators for Electric Parking Brake Market
The global Actuators for Electric Parking Brake market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end use applications, while evolving U.S. tariff policies introduce trade cost volatility and supply chain uncertainty.

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The Actuators for Electric Parking Brake Market is experiencing consistent market growth as automotive systems increasingly transition toward electronic and automated braking solutions. The shift from mechanical to electronic parking brakes reflects broader market trends focused on vehicle safety, weight reduction, and integration with advanced driver assistance systems. Automakers are adopting electric parking brake actuators to support enhanced cabin ergonomics, improved braking reliability, and seamless integration with electronic control units. Regulatory emphasis on vehicle safety standards and growing consumer demand for premium and intelligent braking features continue to expand the overall market size.

By type, Caliper Integrated Type actuators hold the largest market share due to their compact design, faster response time, and high compatibility with modern braking architectures. These systems are widely adopted in passenger vehicles as they simplify installation and support advanced safety functions. Cable Puller Type actuators maintain a stable presence, particularly in cost-sensitive models and specific vehicle platforms where design flexibility and legacy compatibility are key considerations. Continuous refinement in both actuator types is contributing to improved durability and performance, supporting overall market growth.

In terms of application, Fuel Vehicles currently account for a significant portion of the market share, supported by the ongoing production of internal combustion engine vehicles equipped with upgraded braking systems. However, Electric Vehicles represent the fastest-growing application segment, driven by rapid electrification trends and the need for highly efficient, electronically controlled braking solutions. As electric vehicle platforms increasingly standardize electric parking brakes, demand from this segment is expected to strengthen, reinforcing positive market trends across applications.

The competitive landscape includes globally established automotive component manufacturers with strong technological expertise. Companies such as ZF, Continental, Advics (Aisin), Hitachi Astemo, and Brembo hold leading market share through advanced actuator design, system integration capabilities, and long-standing OEM relationships. Other players including Küster, SKF, Bethel, INFAC, Keyang Electric Machinery, and Keyang Electric Machinery are expanding their footprint by focusing on cost optimization, regional manufacturing strength, and tailored solutions for different vehicle segments. Strategic investments in mechatronics, software integration, and production scalability continue to shape competition.

Regionally, Asia-Pacific dominates the market size, supported by large-scale vehicle production, strong adoption of electronic braking systems, and rapid growth in electric vehicle manufacturing across China, Japan, South Korea, and India. Europe follows with steady market growth driven by stringent vehicle safety regulations and widespread adoption of advanced braking technologies. North America maintains a solid market share through increasing penetration of electronic braking systems across passenger and commercial vehicles, while Southeast Asia, Latin America, and the Middle East & Africa are emerging markets supported by expanding automotive manufacturing and rising demand for safety features. The market forecast remains optimistic, with ongoing innovation in actuator technology, expanding electric vehicle adoption, and regulatory support expected to sustain long-term market growth.

Segment by Type

• Caliper Integrated Type
• Cable Puller Type

Segment by Application

• Fuel Vehicle
• Electric Vehicle

By Company

ZF, Continental, Advics (Aisin), Küster, Hitachi Astemo, Bethel, SKF, Keyang Electric Machinery, INFAC, Brembo

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