Electric Parking Brake Market Trends, Strategy, Application Analysis, Demand, Status and Global Share

Electric Parking Brake Market Overview

For manufacturers, suppliers, distributors, and investors, Maximize Market Research’s study on the Electric Parking Brake Market offers comprehensive market information. The data and facts presented in this study are useful to all market participants in the worldwide Electric Parking Brake Market, including business researchers, journalists, and professionals in the field.

The report by Maximize Market Research illustrates how to conduct in-depth analysis of the global Electric Parking Brake Market and draw conclusions regarding the market’s potential drivers of future growth. To assure the validity and authenticity of the findings in this study, a combination of primary and secondary research approaches was used in the research process.

Electric Parking Brake Market Scope

The report is a detailed analysis of the Electric Parking Brake Market covering all the major aspects such as segments, country-wise, and region-wise. For a better understanding of Electric Parking Brake Market penetration, competitive structure, pricing analysis, and demand analysis of the market is undertaken at the local, regional, and global levels. Major leading companies are mentioned by region, along with their revenue, financial status, portfolio, developments, mergers & acquisitions, and strategic alliances, for competitive analysis of the Electric Parking Brake Market. The total Electric Parking Brake market size, volume, and various segment estimates were validated using the Bottom-up approach.

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Electric Parking Brake Market Segmentation :

Based on the System Type, the Electric-hydraulic Caliper Systems segment held the largest share about 78%, and dominated the electric parking brake market in 2021. The segment is further expected to maintain its dominance at the end of the forecast period with the highest growth rate of about 11.8%. The largest share of the segment is attributed to the comfortable and safe driving experience and enhanced safety of drivers and vehicles. The cable puller design was popular and is still used, but the caliper-integrated design has gained popularity and will likely be preferred due to its simplicity during the forecast period. The EPB brake caliper also serves as the core part of the EPB, since it is fitted with an extra electric motor that works the electronic parking brake by applying pressure to the pistons via a transmission, placing pressure on the brake pads and discs. As a result, the parking brake takes up less space and is directly incorporated into the EPB brake caliper.

Market Key Players :

• Hyundai Mobis
• SKF Group
• Aisin Seiki Co., Ltd.
• Akebono Brake Industry Co., Ltd.
• Hitachi, Ltd.
• Toshiba Corporation
• Brembo S.p.A.
• Robert Bosch GmbH
• Sanken Electric Co., Ltd.
• ZF Friedrichshafen AG
• Shougang Group Co., Ltd.
• HELLA GmbH & Co. KGaA
• Dura Automotive Systems
• TRW Inc.
• KUSTER Holding GmbH
• Continental AG
• DURA Automotive Systems

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Regional Analysis

Geographically, the report is segmented into several key countries, including market size, growth rate, import and export of market in these countries, covering North America, Europe, UK, Germany, France, Spain, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa. To keep ahead of the competition, market research gains a better perspective and understanding of the Electric Parking Brake market and target audience.

Key Questions answered in the Electric Parking Brake Market Report are:

• What is Electric Parking Brake Market?
• What is the forecast period of the Electric Parking Brake Market?
• What is the competitive scenario of the Electric Parking Brake market?
• Which region held the largest market share in the Electric Parking Brake Market?
• What are the opportunities for the Electric Parking Brake Market?
• What factors are affecting the Electric Parking Brake market growth?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Electric Parking Brake
• Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.