A new market study, titled “Global Electric Parking Brake Market
Size, Status and Forecast 2023” has been featured on Market Research Future. The global market is all set to gain
substantial ground with 7% CAGR during the forecast period (2018-2023)
The rising concerns for safety and comfort in vehicles are
predicted to push the electric parking brake system market share. The increased
availability of interior cabin space is projected to open up new possibilities
for expansion in the electric parking brake systems market in the global
market. Furthermore, the necessity to reduce CO2 emissions is anticipated to
transform the electric parking brake market in the
upcoming forecast period.
Competitive Analysis
The significant players in electric parking brake system
market are Continental AG (Germany), TBK Co., Ltd. (Tokyo), DURA Automotive
Systems (US), Svenska Kullagerfabriken AB (Sweden), ZF Friedrichshafen AG
(Germany), Hyundai Mobis Co., Ltd. (South Korea), Wuhu Bethel Automotive Safety
Systems Co., Ltd (China), Mando-Hella Electronics Corp. (South Korea), Aisin
Seiki Co., Ltd. (Japan), Küster Holding GmbH (Germany), Zhejiang Wanchao
Electric Appliance Co., Ltd. (China) are among others.
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Segmental Analysis
- Based on the sales channel, the electric parking brake system market has been divided into OEM and aftermarket.
- Based on the component, the electric parking brake system market has been segmented as actuator, electronic control unit (ECU), and switch.
- On the basis of the types, the electric parking brake system market has been segmented into cable-pull system and electric-hydraulic caliper system.
- Based on the vehicle types, the electric parking brake system market has been segmented into light commercial vehicles, passenger cars, and heavy commercial vehicles.
- Based on the regions, the electric parking brake system market consists of Europe, North America, Asia-Pacific, and the rest of the regions.
Detailed Regional Analysis
The regional investigation of the electric parking brake
system market encompasses North America, Asia-Pacific, Europe, and the rest of
the regions. The regional market in North America is anticipated to govern the
electric parking brake system market in the future due to augmentation in the
implementation of electric parking brakes in the vehicles. Furthermore, in
Mexico, there are a growing number of auto ancillary production firms that
supply the automotive electric parking brake market. The amplification in sales
of vehicles in the US will lead to the development of the electric parking
brake market in the forecast period.
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requirements, let know and we will customize the report according to your need.
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Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Electric Parking Brake Market Segmentation
- Electric Parking Brake Market Landscape
- Vendor Matrix
- Company Profiles
More…
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