Electric Parking Brake Market size was valued at USD 1.78 Bn. in 2021 and the total Electric Parking Brake revenue is expected to grow at a CAGR of 12.0% from 2022 to 2029, reaching nearly USD 4.41 Bn.
Market Scope:
Using both primary and secondary research approaches, we researched the Electric Parking Brake Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
Electric Parking Brake Market Overview:
The market research study analyses and assesses the market's position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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Segmentation:
By System Type
1. Cable Pull System
2. Electric-hydraulic Caliper Systems
In 2021, the Electric-hydraulic Calliper Systems category dominated the electric parking brake market with a 78% share. With the greatest growth rate of roughly 11.8%, the segment is likely to maintain its supremacy by the conclusion of the forecast period. The majority of the category is linked to a more comfortable and safe driving experience, as well as improved driver and vehicle safety.
- Electric Parking Brake Market: Research Methodology
- Electric Parking Brake Market: Executive Summary
- Market Overview and Definitions
- Introduction to Electric Parking Brake Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Electric Parking Brake Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Electric Parking Brake Market Segmentation
- Electric Parking Brake Market, by Vehicle Type (2021-2029)
- Electric Parking Brake Market, by System Type (2021-2029)
- Electric Parking Brake Market, by Component (2021-2029)
- Electric Parking Brake Market(2021-2029)
- Electric Parking Brake Market, by Type (2021-2029)
- Electric Parking Brake Market, by Product (2021-2029)
- Electric Parking Brake Market, by Application (2021-2029)
- Electric Parking Brake Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
The report also focuses on the global main industry players in the Electric Parking Brake Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Electric Parking Brake market businesses and ranks them in the market. The following players are featured in this report:
1. Hyundai Mobis
2. SKF Group
3. Aisin Seiki Co., Ltd.
4. Akebono Brake Industry Co., Ltd.
5. Hitachi, Ltd.
6. Toshiba Corporation
7. Brembo S.p.A.
8. Robert Bosch GmbH
9. Sanken Electric Co., Ltd.
10. ZF Friedrichshafen AG
11. Shougang Group Co., Ltd.
12. HELLA GmbH Co. KGaA
13. Dura Automotive Systems
14. TRW Inc.
15. KUSTER Holding GmbH
16. Continental AG
17. DURA Automotive Systems
18. Aisin Corporation
19. Mando Corporation
20. AB SKF
21. Hyundai Mobis
22. Wuhu Bethel
23. APG
24. Zhejiang Wanchao
25. Mando
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Regional Analysis:
The Electric Parking Brake market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on Electric Parking Brake Market:
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
Key Questions Answered in the Electric Parking Brake Market Report are:
- What are some of the promising growth opportunities in the global Electric Parking Brake market by product type and Region?
- Which Electric Parking Brake market segments will grow the fastest, and why?
- Which regions will develop quicker?
- What are the elements influencing Electric Parking Brake market?
- What are the Electric Parking Brake market's business risks?
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