Electric Parking Brake Market

Electric Parking Brake Market size was valued at USD 2.51 Bn. in 2025 and the total Electric Parking Brake revenue is expected to grow at a CAGR of 9.4% from 2026 to 2032, reaching nearly USD 4.7 Bn.

Electric Parking Brake Market Overview:

An electronic parking brake (EPB), commonly known as an electric parking brake or electric park brake, is a parking brake that is electronically controlled. The driver initiates the holding mechanism with a button, and the brake pads are electrically applied to the rear wheels. The electronic parking brake, sometimes known as the EPB, is a more modern version of a traditional parking brake or handbrake. The primary function of parking brakes is to prevent the vehicle from moving while parked. Additionally, these brakes are critical in preventing the backward momentum of vehicles that restart traveling on a hill. Parking brakes are often only used on a vehicle's rear wheels.

To meet the needs of customers, the global automobile industry is constantly adopting new technologies. In the newest generation of passenger automobiles, electromechanical parking brakes (EPB) are increasingly being utilized as an "electronic hand brake." They have extra functionalities in addition to increasing comfort. The EPB is an upgraded, safer, and better braking system that is incorporated with the onboard electronic computer to provide a better braking experience and a more convenient method of deploying emergency brakes in a variety of conditions. As a result, the growing automotive industry is expected to drive the Electric Parking Brake market during the forecast period.

Stopping distance can be reduced by using electronic parking brake systems such as Anti-lock Brake Systems (ABS), Brake Assist (BA), and Electronic Brakeforce Distribution (EBD). ABS improves vehicle stability and steering control while also assisting in reducing stopping distance during severe braking. BA contributes to a 45% reduction in stopping distance. As a result of the regulatory standards for vehicle safety, the usage of ABS and BA is expected to rise and increases the revenue growth of the electric parking brake market during the forecast period.

EBD is an extension of ABS that is in charge of delivering equal force to each wheel. EBD provides benefits such as increased stability, shorter stopping distances, better road grip, and increased brake economy. Given these benefits, emerging nations such as India and Mexico have declared plans to include modern braking systems such as EBD and Electronic Stability Control (ESC) in new automobiles.

The Indian automotive industry has already implemented ESC, and EBD would be mandated beginning in 2023. The Mexican government declared in 2025 its intention to install ESC and EBD in selected automobiles built in 2025. As a result, the growing advanced electric parking braking systems and government initiatives to adopt advanced technologies are expected to drive the global electric parking brake market during the forecast period.

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Electric Parking Brake Market Dynamics:

High demand for Passengers vehicles across the world

Electrical Parking Brake (EPB) has been popularly used in passenger cars over the past ten years. Passenger cars provide the dominant mode of road transport in much of the world. About 70 million new cars are produced each year. A significant proportion of automobiles is covered by passenger cars. Passenger cars, utility vehicles, and trucks are the most spread and common means of transportation worldwide.

Huge investments are directed to the continuous improvement in each design factor: performance, materials, mechanics, engines, and fuels (including electric power supply), pollution reduction, aerodynamics, esthetics, autonomous control, entertainment, and ergonomics.

The increase in the demand for passenger cars, and other vehicles, powered by the increase in income is the primary growth driver of the automobile industry. The United States is the second largest manufacturer of passenger vehicles, producing around 18 million vehicles in 2020.

Increasing fuel efficiency requirements in the United States and globally will lead to changes in vehicle propulsion, composition, and weight; fewer truck sales; and smaller, lighter, and more aerodynamic vehicles with less steel and more aluminum. Alternative propulsion technologies such as electric-, natural gas-, or hydrogen-powered vehicles will likely make up an increasing part of passenger vehicle sales in the medium to long term.

Global passenger vehicle production is concentrated in the European Union, China, the United States, and Japan, which are also the four largest motor vehicle markets. In developing countries such as China, India, and Brazil, production and sales increased throughout the five years due to demand from the growing middle class in developing countries, with consumers often purchasing their first personal passenger vehicle.

China surpassed developed countries including the United States and Japan to become the largest single-country producer of passenger vehicles. As a result, the rising demand for passenger vehicles, with effective parts is expected to drive the Electric Parking Brake market during the forecast period.

Growing demand for automotive safety

With the rapid increase in car ownership and the continuous improvement of vehicle speed, the safety of automobiles has been a wide concern, especially active safety has become the focus of scientific research.

People often use the brake system when they use cars, but the handbrake system is often ignored by people. So, more traffic accidents by wrongly using the handbrake or the handbrake system breakdown are often seen.

Around 182 million people died of motor vehicle accidents in 2025. Traffic accidents are the third leading cause of global diseases and injuries in 2020. In addition, according to the relevant reports, the economic losses from automobile traffic accidents accounted for 1% of GDP in low-income countries and 2% in high-income countries. Global car traffic accident damage is estimated at around USD 690 billion per year. Therefore, automotive safety technology has become one of the themes of the development of international automotive high and new technology.

EPB system has been by replaced a traditional parking brake system, which is a mechanical device to be driven by a parking brake lever or foot pedal. EPB system is more convenient for the women and elderly. As the result, the growing automotive safety is driving the electric parking brake market during the forecast period.

High expensive cost for repair EPB

Although electronic handbrakes are more advanced than manual handbrakes, it is critical to highlight certain potential issues. The most serious issue with electronic handbrakes is a locked handbrake. This can happen if a car's battery fails, leaving the control unit with no power. It eliminates the push-start approach of physically pushing the automobile. However, certain vehicles equipped with an electronic handbrake may feature a manual release device that helps to overcome this issue.

Electronic handbrakes are difficult to use since they are complex technology. As a result, in the event of any maintenance work, electronic handbrakes necessitate the participation of a professional experienced in defect-detecting technology in automobiles. Electronic handbrakes are a high-tech solution that improves comfort and convenience of use in everyday life. The electronic parking brake, on the other hand, has substantial repair expenses. As a result, high repair costs and a shortage of experienced personnel are expected to restrict the market growth during the forecast period.

Electric Parking Brake Market Segment Analysis:

Based on the System Type, the Electric-hydraulic Caliper Systems segment held the largest share about 78%, and dominated the electric parking brake market in 2025. The segment is further expected to maintain its dominance at the end of the forecast period with the highest growth rate of about 11.8%. The largest share of the segment is attributed to the comfortable and safe driving experience and enhanced safety of drivers and vehicles.

The cable puller design was popular and is still used, but the caliper-integrated design has gained popularity and will likely be preferred due to its simplicity during the forecast period. The EPB brake caliper also serves as the core part of the EPB, since it is fitted with an extra electric motor that works the electronic parking brake by applying pressure to the pistons via a transmission, placing pressure on the brake pads and discs. As a result, the parking brake takes up less space and is directly incorporated into the EPB brake caliper.

Each caliper in the caliper-integrated design has a bidirectional electric motor. To produce the necessary clamping force on the rotor, this electric motor mechanically drives the caliper piston out. Most systems would utilize a gear reduction drive with a tiny electric motor to deliver the required force. The caliper-integrated EPB design arrangement has various advantages. It removes the need for brake wires, as well as the associated hardware and packaging.

Another advantage is that the car production process is simplified because just one hydraulic is required. Because of these benefits, automakers are progressively incorporating caliper-integrated electronic parking brakes into their automobiles. As the result, it generates segment revenue growth during the forecast period.

To address rising demands for safety, comfort, and networking, electronic parking brakes are gradually replacing mechanical hand brakes. In addition to better consumer safety and comfort, Electric-hydraulic Caliper gives car manufacturers additional freedom and alternatives for vehicle interior design. In principle, the Electric Parking Brake substitute’s mechanical activation through the hand brake lever with an electrical switch and electromechanical actuators that build up the appropriate clamp forces. As the result, the demand for electric hydraulic caliper is expected to grow during the forecast period and drives the segment growth.

Electric Parking Brake Market Regional Insights:

The global electric parking brake market is expected to grow significantly during the forecast period owing to the rapidly growing automotive industry around the world, rising automotive safety concerns, rising demand for passenger vehicles, etc. in addition, the rising demand for light weighted vehicles, rapid increase in the industrial base, changing demographics also driving the demand for the electric parking brake during the forecast period.

The North American regional market held the largest share in terms of revenue for the electric parking brake market in 2025. The region is expected to grow at a CAGR of about 11.7% and maintain its dominance at the end of the forecast period. The rising automotive industry, increasing investments in R&D in the automotive sector, and the presence of key market players in the region is expected to be the primary growth driver for the North American electric parking brake market during the forecast period.

The U.S. market is expected to hold a significant share of the electric parking brake market in the North American region. The passenger vehicle industry is one of the most important manufacturing industries in the United States, and one of the largest of its kind in the world. It directly employed more than 285,000 workers and accounted for more than 5.8 percent of U.S. merchandise exports in 2020. In addition, there is a rising number of auto accessory production businesses in Mexico that provide lucrative opportunities for the automotive electronic parking brake industry. The increase in car sales in the United States will result in the expansion of the electric parking brake market during the forecast period.

The Asia-Pacific market is expected to grow at a CAGR of 11.5% during the forecast period and hold a significant share of the global electric parking brake market by end of the forecast period. The growing automotive industry in Asian countries is expected to be the primary driver for regional market growth. In addition, the rising demand for personnel vehicles along with safety features, rising disposable income, and growing standard of living is expected to drive the electric parking brake market revenue growth in the Asia-Pacific region during the forecast period. In addition, the major competitors are increasingly investing and developing their sales in emerging economies like Vietnam, Indonesia, Malaysia, etc. these initiatives are expected to drive the revenue growth of the electric parking brake market.

The China electric parking brake market is expected to dominate the Asia-Pacific regional market during the forecast period. China became the number one passenger-vehicle-producing country in 2009, and accounted for almost 22 percent of global production in 2018, up nearly 12.5 percent from 2007. China is both the fastest-growing motor vehicle market and the fastest-growing vehicle producer. Production and sales have increased from less than two million automobiles per year before 2000 to approximately 12 million vehicles in 2020.

China has surpassed Korea and France in terms of car production, is on track to surpass Germany, and would then trail only the United States and Japan. Heavy vehicles have historically accounted for a disproportionate percentage of China's output, but since 2000, China's growth has been spearheaded by an increase in passenger automobiles. They currently account for almost half of China's manufacturing.

China exports and imports a limited percentage of automobiles: less than 200,000 in total. Exports are increasing significantly faster than imports, and the majority of them are light vehicles sent to emerging countries in Asia, Africa, and the Middle East. Unlike Korea and Japan, China's industry has grown rapidly thanks to foreign direct investment.

Recent Industry Developments (2025–2026)

This investment has come from large foreign automakers, notably General Motors (GM), which is reluctant to encourage Chinese exports that compete with their goods in other countries. As a result, the rising automotive industry in china is expected to increase the demand for automotive safety and eventually increase the demand for electric parking brakes and drive the revenue growth for the electric parking brake market during the forecast period.

Electric Parking Brake Market Scope: Inquire before buying

Electric Parking Brake Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)

key players / competitors profiles covered in the Electric Parking Brake Market report in strategic perspective

1. 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