This industry study presents the global Electric Parking Brake market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Electric Parking Brake production, revenue and market share by manufacturers, key regions and type; The consumption of Electric Parking Brake in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders TRW, KUSTER, etc.
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. It’s a lot easier for automakers to design their interiors and to add new features and options. 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. Global Electric Parking Brake market size will reach 5890 million US$ by 2025, from 1650 million US$ in 2017, at a CAGR of 17.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Electric Parking Brake.
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The following manufacturers are covered in this report:
TRW
KUSTER
Continental
DURA
AISIN
Mando
SKF
Hyundai Mobis
Wuhu Bethel
APG
Electric Parking Brake Breakdown Data by Type
Electric-hydraulic Caliper Systems
Cable-pull Systems
Electric Parking Brake Breakdown Data by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Parking Brake Production by Region
United States
Europe
China
Japan
South Korea
India
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