Electric Parking Brake Market Analysis 2019-2024: Key vendors Revenue figures and Sales Statistics with Growth Outlook To 2024

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The Global Electric Parking Brake Market report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement and governing factors in the market.

Electric Parking Brake Market competition by top manufacturers/ Key player/ Economy by Business Leaders: TRW, KUSTER, Continental, DURA, AISIN, Mando, SKF, Hyundai Mobis, Wuhu Bethel, APG, Zhejiang Wanchao,. And More……

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Overview of the Electric Parking Brake Market:-

Electric parking brake (EPB) 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. Its a lot easier for automakers to design their interiors and to add new features and options.

Major classifications are as follows:

  • Electric-hydraulic Caliper Systems
  • Cable-pull Systems

    Major applications are as follows:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

    The scope of the Electric Parking Brake Market Report: 

  • Europe is the largest supply area of electric parking brake, the production market share of Europe was 35% in 2015. North America is the second supply area with the production market share of 29%.
  • Europe is the biggest consumption area of electric parking brake, the consumption of Europe was more than 4300 K units in 2015 with the consumption market share of 44%. North America is the second consumption area with the consumption market share of 33% in 2015.
  • Market competition is not intense. The top 5 manufacturers occupied the global production market share of 80%. TRW, KUSTER, Continental, DURA, AISIN are the leaders of the industry. With the key technologies and patents, they formed the global market channel of the industry.
  • The electric parking brake is developing in recent years, and it has a huge demand in the future market.
  • The worldwide market for Electric Parking Brake is expected to grow at a CAGR of roughly 17.5% over the next five years, will reach 4340 million US$ in 2024, from 1650 million US$ in 2019, according to a new GIR (Global Info Research) study.
  • This report focuses on the Electric Parking Brake in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

    Electric Parking Brake Market Segment by Regions, regional analysis covers

    • North America (the USA, Canada, and Mexico)
    • Europe (Germany, France, UK, Russia, and Italy)
    • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
    • South America (Brazil, Argentina, Columbia etc.)
    • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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    The main points are described in details which are covered in this Market Report: –

    Market Overview: Scope & Product Overview, Classification of Electric Parking Brake by Product Category (Market Size (Sales), Market Share Comparison by Type (Product Category)), Electric Parking Brake Market by Application/End Users (Sales (Volume) and Market Share Comparison by Application), Market by Region (Market Size (Value) Comparison by Region, Status and Prospect (2018-2023)).

    Electric Parking Brake Market by Competition by Players/Suppliers, Type, and Application: Competition by Players/Suppliers, Region, Types & Applications (Sales and Market Share, Revenue and Share Volume and Value)

    Electric Parking Brake Players/Suppliers Profiles and Sales Data: Company, Company Basic Information, Manufacturing Base and Competitors, Product Category, Application and Specification with Sales, Revenue, Price and Gross Margin, Main Business/Business Overview.

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    Electric Parking Brake Market by Manufacturing Cost Analysis: Key Raw Materials Analysis, Price Trend of Key Raw Materials, Key Suppliers of Raw Materials, Market Concentration Rate of Raw Materials, Proportion of Manufacturing Cost Structure (Raw Materials, Labour Cost), Manufacturing Process Analysis

    Industrial Chain, Sourcing Strategy and Downstream Buyers: Industrial Chain Analysis, Upstream Raw Materials Sourcing, Raw Materials Sources, Downstream Buyers

    Marketing Strategy Analysis, Distributors/Traders: Marketing Channel (Direct & Indirect Marketing), Marketing Channel Development Trend, Market Positioning (Pricing Strategy, Brand Strategy, Target Client), Distributors/Traders List