Press release
Global Automotive Electronic Parking Brake Market by Type, Application, Element, Region – World Trends and Forecast to 2021
Global Automotive Electronic Parking Brake market report of 2017 provides a detailed market overview as well as industry analysis for / of companies, manufacturers and distributors covering data on gross margin, cost structure, consumption value, sale price and more.The Report Announces the Publication of its Research Report – Global Automotive EPB Market 2016-2020
The Report recognizes the following companies as the key players in the global automotive EPB market: Aisin Seiki, Continental, and ZF TRW
Other Prominent Vendors in the market are: ADVICS, Akebono, Bosch, DURA Automotive Systems, HYUNDAI MOBIS, KUSTER Automotive Control Systems, Mando-Hella Electronics, and SKF
Commenting on Global Automotive Electronic Parking Brake Market, the expert of research team said: “The demand for safety systems stems from developed regions such as Europe and the Americas. For instance, the EPB system is a privilege for the premium vehicle owners, especially in developed countries. However, emerging markets such as India and China are slowly increasing their demands for advanced active safety systems and driver assistance systems. The consistent economic growth in these countries has improved the financial status of the consumers, who are willing to spend on the safety systems and safety electronics such as EPB.”
The Report analysts forecast the global automotive EPB market to grow at a CAGR of 8.45% during the period 2016-2020.
Request a sample copy of Global Automotive Electronic Parking Brake Market Research Report @ https://marketsizeforecasters.com/get-sample/1880
According to Global Automotive Electronic Parking Brake Market, the range of consumer needs and OEM offerings has widened to include safety, performance, stability, and comfort. These parameters are being refined and improved every day. This evolution has outgrown the utility of conventional mechanical components, which lack the capabilities to solve several emerging automotive challenges. This evolution has led to an upsurge in the growth rate of the automotive electronics market, which has far surpassed the growth of the actual automotive industry. Also, from the perspective of car makers, special features are the only way to showcase product differentiation for sustaining competition. Thus, these aspects are an inherent driver for the replacement of traditional hand brakes with EPBs.
Further, Global Automotive Electronic Parking Brake Market states that auto OEMs are subjected to heavy cost pressures due to the dynamism in the regulatory environment and demanding consumer base. Environment and safety standards are pressurizing OEMs to find means to comply with regulations, while not passing the additional costs to consumers. Controlling emissions is bound to increase the cost of the vehicle. For instance, according to the National Automobile Dealers Association, the US CAFE standards (that should become effective in 2016) may hike the manufacturing cost of a vehicle by $1,000. In addition, OEMs need to innovate on drivetrain technologies to suit lower emission standards. Dynamism in standards will further affect the cost of R&D and production processes.
The listed pricing for this Global Automotive Electronic Parking Brake Market report starts at $ 2500. Request Discount for Global Automotive Electronic Parking Brake Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/1880
Table of Contents in Global Automotive Electronic Parking Brake Market Research Report
PART 06: Geographical segmentation
EPB market in EMEA
EPB market in APAC
EPB market in Americas
PART 07: Market drivers
PART 08: Global Automotive Electronic Parking Brake Market challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
Aisin Seiki
Continental
ZF TRW
PART 12: Appendix
List of abbreviations
PART 13: Explore the report
List of Exhibits
Exhibit 01: Scope of the report
Exhibit 02: Definition of products and markets
Exhibit 03: Product offerings
Exhibit 04: Placement of EPB
Exhibit 05: Functional benefits of EPB system
Browse full table of contents and data tables For Global Automotive Electronic Parking Brake Market Report @ https://marketsizeforecasters.com/global-automotive-electronic-parking-brake-market-2016-2020
Global Automotive Electronic Parking Brake Market was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Automotive Electronic Parking Brake Market of 60 pages having tables and figures is available for purchase at
https://marketsizeforecasters.com/securecheckout/paymenta/1880?msfpaycode=sumsf
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