Electric parking brake is a substitute of traditional handbrake. Electric parking brake eliminates the need for a parking brake lever or pedal and improves vehicle styling, space management and crashworthiness. It's a lot easier for automakers to design their interiors and to add new features and options.
This report contains market size and forecasts of Electric Parking Brake in global, including the following market information:
Global Electric Parking Brake Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Parking Brake Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Parking Brake companies in 2021 (%)
The global Electric Parking Brake market was valued at 7326.9 million in 2021 and is projected to reach US$ 11750 million by 2028, at a CAGR of 7.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Caliper Integrated EPB Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Parking Brake include ZF, Continental, Chassis Brakes International, Küster, Aisin, Mando, Hyundai Mobis, Zhejiang Libang Hexin and Wuhu Bethel Automotive, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Parking Brake manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Parking Brake Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Parking Brake Market Segment Percentages, by Type, 2021 (%)
Caliper Integrated EPB
Cable Puller EPB
Global Electric Parking Brake Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Parking Brake Market Segment Percentages, by Application, 2021 (%)
Sedans
SUVs
Others
Global Electric Parking Brake Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Parking Brake Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Parking Brake revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Parking Brake revenues share in global market, 2021 (%)
Key companies Electric Parking Brake sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Parking Brake sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
Continental
Chassis Brakes International
Küster
Aisin
Mando
Hyundai Mobis
Zhejiang Libang Hexin
Wuhu Bethel Automotive
Advics (Aisin)
Huayu Automotive Systems
Hitachi Astemo