Global Electric Parking Brake Market- Industry Analysis and forecast 2020 – 2027: By Vehicle Type, System Type, and Region.

Global Electric Parking Brake Market size was valued US$ 1.38 Bn. in 2019 and the total revenue is expected to grow about CAGR 12% from 2020 to 2027, reaching nearly US$ 3.42 Bn. Global Electric Parking Brake Market To know about the Research Methodology :- Request Free Sample Report

Global Electric Parking Brake Market: Overview

Electric Parking Brakes are space convenient, so they are likely to adopt the place of conventional hand brakes in modern automotive. Electric Parking Brakes are more lightweight than conventional hand brake system. Due to this, Electric parking brakes reduces the overall weight of vehicle and in result saves space and fuel. This factor makes it possible to use it in modern vehicle as an essential part. Manufacturers are also trying to implement advanced technologies which are space saving as well as more reliable. Safety of Lightweight commercial vehicle and passenger vehicle can be ensured by installing electric parking brake. Next generation technologies in modern vehicle needs system like this, making vehicle more autonomous to safety.

Global Electric Parking Brake Market: Key Development

Electric Parking Brake manufacturers are collaborating with automotive manufacturers and will focus on development of EPB (Electric Parking Brake) system. This will result in low price solution for EPB. Continental is developing Electric Parking Brake concept for internal expanding drum brakes. These brakes are especially designed for affordable and compact vehicles. Continental is planning to combine drum brake and parking brake with Electric Parking Brake system. This will enable push button type operation of parking brake. By taking into consideration markets of India and China are showing increase in demand for advanced safety devices which is expected to drive the market.

Global Electric Parking Brake Market: Drivers

Increasing demand to make vehicle more compact and lightweight are likely to surge demand of advanced technologies which saves space. Increasing Market for Passenger vehicle and lightweight commercial vehicle will create opportunity for Global Electric Parking Brake Market. Rising safety concerns and more reliable technologies need are driving market of Global Electric Parking Brake.

Global Electric Parking Brake Market: Challenges

Currently, Electric Parking Brake is being incorporated in premium class and luxury class vehicles. Electric Parking Brakes are costlier than conventional hand brake system. Global Electric Parking Brake Market1

Global Electric Parking Brake Market: Regional Overview

Global Electric Parking Brake Market is segmented into regions: Asia Pacific, North America, Europe, South America, and Middle East & Africa. The automobile industry is expected to gain tremendous market growth with only a few vehicles will remain with hand brake operated in new car sales. Dacia and Suzuki are leaders in this industry. Premium cars are likely to adopt this change in technology rapidly such as Audi, Land Rover, Jaguar, Mercedes, Lexus, and Porsche no longer have any model equipped with manual hand brake. It can be found that Global Electric Parking Brake Market is increased rapidly from past numbers of years. Reached at US$ 1.23 Bn in the end of 2018, Europe is estimated to be market leader in Global Electric Parking Brake Market. The Asia Pacific is expected to show good result in terms of production and revenue growth of electric parking brake.

Global Electric Parking Brake Market: Segmentation

Global Electric Parking Brake Market is segmented into Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), System type (Cable Pull System, Electric-hydraulic Caliper Systems), and Region (North America, Europe, Asia pacific, Middle East and Africa, and Latin America). From regional segment, Europe has dominance over Global Electric Parking Brake Market as government rules are getting severe to implement more safe and reliable technologies in vehicles. In terms of System type, electric hydraulic caliper system has more market capture. The report also helps in understanding Electric parking brake Market dynamics, structure by analyzing the market segments and projects the Electric parking brake Market size. Clear representation of competitive analysis of key players by Supply Chain, price, financial position, Product portfolio, growth strategies, and regional presence in the Electric parking brake Market make the report investor’s guide.

Scope of the Electric parking brake Market: Inquire before buying

Electric parking brake Market, By Vehicle Type

• Passenger Vehicle • Light Commercial Vehicle • Heavy Commercial Vehicle

Electric parking brake Market, By System type

• Cable Pull System • Electric-hydraulic Caliper Systems

Electric parking brake Market, by Region

• Asia Pacific • North America • Europe • South America • Middle East & Africa

Key players operating in Electric parking brake Market

• Continental • KUSTER • Zhejiang Wanchao • TRW • APG • Wuhu Bethel • DURA • Hyundai Mobis • SKF • AISIN • Mando
Global Electric Parking Brake Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Electric parking brake Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Electric parking brake Market Analysis and Forecast 6.1. Electric parking brake Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Electric parking brake Market Analysis and Forecast, By Vehicle Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Electric parking brake Market Value Share Analysis, By Vehicle Type 7.4. Electric parking brake Market Size (US$ Bn) Forecast, By Vehicle Type 7.5. Electric parking brake Market Analysis, By Vehicle Type 7.6. Electric parking brake Market Attractiveness Analysis, By Vehicle Type 8. Electric parking brake Market Analysis and Forecast, By System type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Electric parking brake Market Value Share Analysis, By Brake Used 8.4. Electric parking brake Market Size (US$ Bn) Forecast, By Brake Used 8.5. Electric parking brake Market Analysis, By Brake Used 8.6. Electric parking brake Market Attractiveness Analysis, By Brake Used 9. Electric parking brake Market Analysis, by Region 9.1. Electric parking brake Market Value Share Analysis, by Region 9.2. Electric parking brake Market Size (US$ Bn) Forecast, by Region 9.3. Electric parking brake Market Attractiveness Analysis, by Region 10. North America Electric parking brake Market Analysis 10.1. Key Findings 10.2. North America Electric parking brake Market Overview 10.3. North America Electric parking brake Market Value Share Analysis, By Vehicle Type 10.4. North America Electric parking brake Market Forecast, By Vehicle Type 10.4.1. Light Commercial Vehicle 10.4.2. Heavy Commercial Vehicle 10.5. North America Electric parking brake Market Value Share Analysis, By System type 10.6. North America Electric parking brake Market Forecast, By System type 10.6.1. Cable Pull System 10.6.2. Electric-hydraulic Caliper Systems 10.7. North America Electric parking brake Market Value Share Analysis, by Country 10.8. North America Electric parking brake Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Electric parking brake Market Analysis, by Country 10.10. U.S. Electric parking brake Market Forecast, By Vehicle Type 10.10.1. Passenger Vehicle 10.10.2. Light Commercial Vehicle 10.10.3. Heavy Commercial Vehicle 10.11. U.S. Electric parking brake Market Forecast, By System type 10.11.1. Cable Pull System 10.11.2. Electric-hydraulic Caliper Systems 10.12. Canada Electric parking brake Market Forecast, By Vehicle Type 10.12.1. Passenger Vehicle 10.12.2. Light Commercial Vehicle 10.12.3. Heavy Commercial Vehicle 10.13. Canada Electric parking brake Market Forecast, By System type 10.13.1. Cable Pull System 10.13.2. Electric-hydraulic Caliper Systems 10.14. North America Electric parking brake Market Attractiveness Analysis 10.14.1. By Vehicle Type 10.14.2. By System type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Electric parking brake Market Analysis 11.1. Key Findings 11.2. Europe Electric parking brake Market Overview 11.3. Europe Electric parking brake Market Value Share Analysis, By Vehicle Type 11.4. Europe Electric parking brake Market Forecast, By Vehicle Type 11.4.1. Passenger Vehicle 11.4.2. Light Commercial Vehicle 11.4.3. Heavy Commercial Vehicle 11.5. Europe Electric parking brake Market Forecast, By System type 11.5.1. Cable Pull System 11.5.2. Electric-hydraulic Caliper Systems 11.6. Europe Electric parking brake Market Value Share Analysis, by Country 11.7. Europe Electric parking brake Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Norway 11.7.7. Russia 11.7.8. Rest of Europe 11.8. Germany Electric parking brake Market Forecast, By Vehicle Type 11.8.1. Passenger Vehicle 11.8.2. Light Commercial Vehicle 11.8.3. Heavy Commercial Vehicle 11.9. Germany Electric parking brake Market Forecast, By System type 11.9.1. Cable Pull System 11.9.2. Electric-hydraulic Caliper Systems 11.10. U.K. Electric parking brake Market Forecast, By Vehicle Type 11.10.1. Passenger Vehicle 11.10.2. Light Commercial Vehicle 11.10.3. Heavy Commercial Vehicle 11.11. U.K. Electric parking brake Market Forecast, By System type 11.11.1. Cable Pull System 11.11.2. Electric-hydraulic Caliper Systems 11.12. France Electric parking brake Market Forecast, By Vehicle Type 11.12.1. Passenger Vehicle 11.12.2. Light Commercial Vehicle 11.12.3. Heavy Commercial Vehicle 11.13. France Electric parking brake Market Forecast, By System type 11.13.1. Cable Pull System 11.13.2. Electric-hydraulic Caliper Systems 11.14. Italy Electric parking brake Market Forecast, By Vehicle Type 11.14.1. Passenger Vehicle 11.14.2. Light Commercial Vehicle 11.14.3. Heavy Commercial Vehicle 11.15. Italy Electric parking brake Market Forecast, By System type 11.15.1. Cable Pull System 11.15.2. Electric-hydraulic Caliper Systems 11.16. Spain Electric parking brake Market Forecast, By Vehicle Type 11.16.1. Passenger Vehicle 11.16.2. Light Commercial Vehicle 11.16.3. Heavy Commercial Vehicle 11.17. Spain Electric parking brake Market Forecast, By System type 11.17.1. Cable Pull System 11.17.2. Electric-hydraulic Caliper Systems 11.18. Norway Electric parking brake Market Forecast, By Vehicle Type 11.18.1. Passenger Vehicle 11.18.2. Light Commercial Vehicle 11.18.3. Heavy Commercial Vehicle 11.19. Norway Electric parking brake Market Forecast, By System type 11.19.1. Cable Pull System 11.19.2. Electric-hydraulic Caliper Systems 11.20. Russia Electric parking brake Market Forecast, By Vehicle Type 11.20.1. Passenger Vehicle 11.20.2. Light Commercial Vehicle 11.20.3. Heavy Commercial Vehicle 11.21. Russia Electric parking brake Market Forecast, By System type 11.21.1. Cable Pull System 11.21.2. Electric-hydraulic Caliper Systems 11.22. Rest of Europe Electric parking brake Market Forecast, By Vehicle Type 11.22.1. Passenger Vehicle 11.22.2. Light Commercial Vehicle 11.22.3. Heavy Commercial Vehicle 11.23. Rest of Europe Electric parking brake Market Forecast, By System type 11.23.1. Cable Pull System 11.23.2. Electric-hydraulic Caliper Systems 11.24. Europe Electric parking brake Market Attractiveness Analysis 11.24.1. By System types 11.24.2. By Vehicle Type 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Electric parking brake Market Analysis 12.1. Key Findings 12.2. Asia Pacific Electric parking brake Market Overview 12.3. Asia Pacific Electric parking brake Market Value Share Analysis, By Vehicle Type 12.4. Asia Pacific Electric parking brake Market Forecast, By Vehicle Type 12.4.1. Passenger Vehicle 12.4.2. Light Commercial Vehicle 12.4.3. Heavy Commercial Vehicle 12.5. Asia Pacific Electric parking brake Market Value Share Analysis, By Vehicle Type 12.6. Asia Pacific Electric parking brake Market Forecast, By System type 12.6.1. Cable Pull System 12.6.2. Electric-hydraulic Caliper Systems 12.7. Asia Pacific Electric parking brake Market Value Share Analysis, by Country 12.8. Asia Pacific Electric parking brake Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Malaysia 12.8.7. Indonesia 12.8.8. Rest of Asia Pacific 12.9. Asia Pacific Electric parking brake Market Analysis, by Country 12.10. China Electric parking brake Market Forecast, By Vehicle Type 12.10.1. Passenger Vehicle 12.10.2. Light Commercial Vehicle 12.10.3. Heavy Commercial Vehicle 12.11. China Electric parking brake Market Forecast, By System type 12.11.1. Cable Pull System 12.11.2. Electric-hydraulic Caliper Systems 12.12. India Electric parking brake Market Forecast, By Vehicle Type 12.12.1. Passenger Vehicle 12.12.2. Light Commercial Vehicle 12.12.3. Heavy Commercial Vehicle 12.13. India Electric parking brake Market Forecast, By System type 12.13.1. Cable Pull System 12.13.2. Electric-hydraulic Caliper Systems 12.14. Japan Electric parking brake Market Forecast, By Vehicle Type 12.14.1. Passenger Vehicle 12.14.2. Light Commercial Vehicle 12.14.3. Heavy Commercial Vehicle 12.15. Japan Electric parking brake Market Forecast, By System type 12.15.1. Cable Pull System 12.15.2. Electric-hydraulic Caliper Systems 12.16. South Korea Electric parking brake Market Forecast, By Vehicle Type 12.16.1. Passenger Vehicle 12.16.2. Light Commercial Vehicle 12.16.3. Heavy Commercial Vehicle 12.17. South Korea Electric parking brake Market Forecast, By System type 12.17.1. Cable Pull System 12.17.2. Electric-hydraulic Caliper Systems 12.18. Australia Electric parking brake Market Forecast, By Vehicle Type 12.18.1. Passenger Vehicle 12.18.2. Light Commercial Vehicle 12.18.3. Heavy Commercial Vehicle 12.19. Australia Electric parking brake Market Forecast, By System type 12.19.1. Cable Pull System 12.19.2. Electric-hydraulic Caliper Systems 12.20. Malaysia Electric parking brake Market Forecast, By Vehicle Type 12.20.1. Passenger Vehicle 12.20.2. Light Commercial Vehicle 12.20.3. Heavy Commercial Vehicle 12.21. Malaysia Electric parking brake Market Forecast, By System type 12.21.1. Cable Pull System 12.21.2. Electric-hydraulic Caliper Systems 12.22. Indonesia Electric parking brake Market Forecast, By Vehicle Type 12.22.1. Passenger Vehicle 12.22.2. Light Commercial Vehicle 12.22.3. Heavy Commercial Vehicle 12.23. Indonesia Electric parking brake Market Forecast, By System type 12.23.1. Cable Pull System 12.23.2. Electric-hydraulic Caliper Systems 12.24. Rest of Asia Pacific Electric parking brake Market Forecast, By Vehicle Type 12.24.1. Passenger Vehicle 12.24.2. Light Commercial Vehicle 12.24.3. Heavy Commercial Vehicle 12.25. Rest of Asia Pacific Electric parking brake Market Forecast, By System type 12.25.1. Cable Pull System 12.25.2. Electric-hydraulic Caliper Systems 12.26. Asia Pacific Electric parking brake Market Attractiveness Analysis 12.26.1. By Vehicle Type 12.26.2. By System type 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa Electric parking brake Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Electric parking brake Market Overview 13.3. Middle East & Africa Electric parking brake Market Value Share Analysis, By Vehicle Type 13.4. Middle East & Africa Electric parking brake Market Forecast, By Vehicle Type 13.4.1. Passenger Vehicle 13.4.2. Light Commercial Vehicle 13.4.3. Heavy Commercial Vehicle 13.5. Middle East & Africa Electric parking brake Market Forecast, By System type 13.5.1. Cable Pull System 13.5.2. Electric-hydraulic Caliper Systems 13.6. Middle East & Africa Electric parking brake Market Value Share Analysis, by Country 13.7. Middle East & Africa Electric parking brake Market Forecast, by Country 13.7.1. GCC 13.7.2. South Africa 13.7.3. Rest of Middle East & Africa 13.8. Middle East & Africa Electric parking brake Market Analysis, by Country 13.9. GCC Electric parking brake Market Forecast, By Vehicle Type 13.9.1. Passenger Vehicle 13.9.2. Light Commercial Vehicle 13.9.3. Heavy Commercial Vehicle 13.10. GCC Electric parking brake Market Forecast, By System type 13.10.1. Cable Pull System 13.10.2. Electric-hydraulic Caliper Systems 13.11. Electric parking brake Market Forecast, By Vehicle Type 13.11.1. Passenger Vehicle 13.11.2. Light Commercial Vehicle 13.11.3. Heavy Commercial Vehicle 13.12. South Africa Electric parking brake Market Forecast, By System type 13.12.1. Cable Pull System 13.12.2. Electric-hydraulic Caliper Systems 13.13. Rest of Middle East & Africa Electric parking brake Market Forecast, By Vehicle Type 13.13.1. Passenger Vehicle 13.13.2. Light Commercial Vehicle 13.13.3. Heavy Commercial Vehicle 13.14. Rest of Middle East & Africa Electric parking brake Market Forecast, By System type 13.14.1. Cable Pull System 13.14.2. Electric-hydraulic Caliper Systems 13.15. Middle East & Africa Electric parking brake Market Attractiveness Analysis 13.15.1. By Vehicle Type 13.15.2. By System type 13.16. PEST Analysis 13.17. Key Trends 13.18. Key Developments 14. South America Electric parking brake Market Analysis 14.1. Key Findings 14.2. South America Electric parking brake Market Overview 14.3. South America Electric parking brake Market Value Share Analysis, By Vehicle Type 14.4. South America Electric parking brake Market Forecast, By Vehicle Type 14.4.1. Passenger Vehicle 14.4.2. Light Commercial Vehicle 14.4.3. Heavy Commercial Vehicle 14.5. South America Electric parking brake Market Forecast, By System type 14.5.1. Cable Pull System 14.5.2. Electric-hydraulic Caliper Systems 14.6. South America Electric parking brake Market Value Share Analysis, by Country 14.7. South America Electric parking brake Market Forecast, by Country 14.7.1. Brazil 14.7.2. Mexico 14.7.3. Argentina 14.7.4. Rest of South America 14.8. South America Electric parking brake Market Analysis, by Country 14.9. Brazil Electric parking brake Market Forecast, By Vehicle Type 14.9.1. Passenger Vehicle 14.9.2. Light Commercial Vehicle 14.9.3. Heavy Commercial Vehicle 14.10. Brazil Electric parking brake Market Forecast, By System type 14.10.1. Cable Pull System 14.10.2. Electric-hydraulic Caliper Systems 14.11. Mexico Electric parking brake Market Forecast, By Vehicle Type 14.11.1. Passenger Vehicle 14.11.2. Light Commercial Vehicle 14.11.3. Heavy Commercial Vehicle 14.12. Mexico Electric parking brake Market Forecast, By System type 14.12.1. Cable Pull System 14.12.2. Electric-hydraulic Caliper Systems 14.13. Argentina Electric parking brake Market Forecast, By Vehicle Type 14.13.1. Passenger Vehicle 14.13.2. Light Commercial Vehicle 14.13.3. Heavy Commercial Vehicle 14.14. Argentina Electric parking brake Market Forecast, By System type 14.14.1. Cable Pull System 14.14.2. Electric-hydraulic Caliper Systems 14.15. Rest of South America Electric parking brake Market Forecast, By Vehicle Type 14.15.1. Passenger Vehicle 14.15.2. Light Commercial Vehicle 14.15.3. Heavy Commercial Vehicle 14.16. Rest of South America Electric parking brake Market Forecast, By System type 14.16.1. Cable Pull System 14.16.2. Electric-hydraulic Caliper Systems 14.17. South America Electric parking brake Market Attractiveness Analysis 14.17.1. By Vehicle Type 14.17.2. By System type 14.18. PEST Analysis 14.19. Key Trends 14.20. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Continental 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. KUSTER 15.3.3. Zhejiang Wanchao 15.3.4. TRW 15.3.5. APG 15.3.6. Wuhu Bethel 15.3.7. DURA 15.3.8. Hyundai Mobis 15.3.9. SKF 15.3.10. AISIN 15.3.11. Mando 16. Primary Key Insights

About This Report

Report ID 70313
Category Automotive and Transportation
Published Date August 2020
Updated Date
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