Business and Finance Semiconductor and Electronics

Electric Parking Brake System Market May Set Huge Growth by 2024 | Aisin Seiki, Continental AG, Hyundai Mobis

The ‘Electric Parking Brake System’ market is expected to see a growth of9.8% according to latest report released by AMA Research highlighting development scenario with compelling market sizing by revenue and volume (Consumption, Production)* ranging from 2013-2025. The study feature not only specific market forecasts, but also include significant value-added commentary on Market Trends, Technological Trends and Innovations, Regulatory Trends and Policies, Market Maturity Indicators, Market Share Movements, Growth Drivers and Constraints, New Entrants into the Market & Entry/Exit Barriers and Consumer Demographics.


Some of the profiled players in study out of the total coverage list includes

Aisin Seiki Co. Ltd. (Japan),Continental AG (Germany),DURA Automotive Systems (United States),TBK Co. Ltd. (Japan),Hyundai Mobis Co., Ltd. (South Korea),Küster Holding GmbH (Germany),Mando-Hella Electronics Corp. (South Korea),AB SKF (Sweden),ZF Friedrichshafen AG (Germany),Wuhu Bethel Automotive Safety Systems Co., Ltd. (China)


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Electric Parking Brake System Market Definition: Electric parking brake system, an advanced version of conventional parking brake or handbrake. It is installed in an automotive to stop or holds the vehicle on the flat ground or hill roads. The electric parking brake consists of fewer components and compact in size, works in function with an electronic control unit (ECU), actuator among others to offer optimum brake power and efficient operation. Of late, manufacturers constantly strive to make every day driving easier for customers globally. Various manufacturers are replacing the usual lever-operated system with a more modern and less labour-intensive equivalent.


Market Scope Overview: by  Type (Electric-Hydraulic Caliper System, Cable-Pull System), Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Component Type (Electronic Control Unit (ECU), Actuator, Switch), Technology Type (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Traction Control System (TCS), Electronic Brake-Force Distribution (EBD)), Brake Type (Disc Brake, Drum Brake), Sales Channel (OEMs, Aftermarket)


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How Research Study of AMA helps clients in their decision making:

  • Creating strategies for new product development
  • Supporting & Adjust Investment/business decisions
  • Benchmark and judge own competitiveness
  • Aiding in the business planning process
  • Serving as a credible, independent check on company internal forecasts
  • Supporting acquisition strategies


Check Inside Story on Trending Factors with Regional Attention:

Increasing Adoption of Automated Vehicle Technology

An Upsurge in the Demand for Driver Assisted Systems

Stringent Government Regulations Regarding Road Safety Globally

Growing Demand for Fuel-Efficient Vehicles

Increasing Production of Automobile Globally

High Development Cost of Electric Parking Brake System


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Country Level Break-up of market Size with Cross Segmentation includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)


*Customized Section/Chapter wise Reports or Regional or Country wise Chapters are also available.

On Special Request we do offer a dedicated and focus report on regional or by country level scope.

Get full copy of United States Electric Parking Brake System Market Study @ ——— USD 2000

And, Europe Electric Parking Brake System Market Study @ ——— USD 2500


Highlights from Table of Content (TOC):

Global Electric Parking Brake System Market Research Report

Chapter 1 Global Electric Parking Brake System Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Electric Parking Brake System Market Forecast


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Critical questions addressed by the Electric Parking Brake System Market report

  1. What are the Key Market drivers and restraints?
  2. What will be the Market size until the end of the forecast period?
  3. Which segment is expected to take the Lion’s share?
  4. Which region will lead the global Electric Parking Brake System market in terms of growth?
  5. What will be the key strategies adopted by market leaders in future?
  6. What are the upcoming applications?
  7. How will the global Electric Parking Brake System market develop in the mid to long term?


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