Electric Parking Brake Market 2020 Global Analysis by Top Key Players – ZF, Continental, Kster, Aisin

The Electric Parking Brake Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Top Leading Companies of Global Electric Parking Brake Market are ZF, Continental, Kster, Aisin, Chassis Brakes International, Zhejiang Libang Hexin, Mando, Wuhu Bethel Automotive and others.

Regional Outlook of Electric Parking Brake Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

On The Basis Of Product, The Electric Parking Brake Market Is Primarily Split Into

Caliper Integrated EPB

Cable Puller EPB

Caliper integrated EPB has the highest percentage of revenue by type, at about 97.46% in 2019.

On The Basis Of End Users/Application, This Report Covers

Sedans

SUVs

Others

According to the application, the consumption share of sedans is the highest, accounting for more than 57% in 2019.

This allows understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.

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Following are major Table of Content of Electric Parking Brake Industry:

  • Electric Parking Brake Market Sales Overview.
  • Electric Parking Brake Market Sales Competition by Manufacturers.
  • Electric Parking Brake Market Sales Analysis by Region.
  • Electric Parking Brake Market Sales Analysis by Type.
  • Electric Parking Brake Market Analysis by Application.
  • Electric Parking Brake Market -Manufacturers Analysis.

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Global Electric Parking Brake Market to Record Robust Compound Annual Growth Rate Post-COVID-19

Persistence Market Research published a report on the electric parking brake market. The report includes the global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report studies the global electric parking brake market and offers an in-depth analysis for the next ten years. The report also covers forecast factors and macroeconomic factors that are anticipated to drive the growth of the global electric parking brake market. The report on the electric parking brake market also discusses latest trends and potential opportunities in the market across the value chain, along with restraints that are expected to hamper the growth of the market.

The global electric parking brake market was valued at ~ US$ 830 Mn in 2014, and is expected to exceed US$ 1.2 Bn by the end of 2019, and CAGR of ~ 12% between 2019 and 2029, and is estimated to reach a global value of ~ US$ 4.2 Bn by the end of 2029.

For detailed insights on enhancing your product footprint, request for a Sample here @ https://www.persistencemarketresearch.com/samples/17455

 

pr image global electric parking brakes market

Electric Parking Brake Market Players Focus on Enhanced Fuel Economy

By product type, the global electric parking brake market is segmented into cable-pull systems and electric-hydraulic caliper systems. The electric parking brake market is expected to be prominent in the electric-hydraulic caliper system owing to the safer and more comfortable driving experience and enhanced safety of driver and vehicles. The cable-pull system is forecasted to have less share as compared to the electric-hydraulic caliper system.

Moreover, manufacturers of electric parking brakes are focusing on significant weight saving brake systems as compared to conventional parking brake systems, which supports enhanced fuel economy and reduced carbon emissions. The aforementioned factor is expected to increase the sales of electric parking brakes over the forecast period.

To receive extensive list of important regions, ask for Methodology report here @ https://www.persistencemarketresearch.com/methodology/17455

By vehicle type, the electric parking brake market is segmented into passenger vehicles, LCVs, and HCVs. The passenger vehicle segment is sub-segmented into compact vehicles, mid-sized vehicles, luxury vehicles, and SUVs. The luxury vehicles segment is expected to be prominent in the global electric parking brake market.

By sales channel, the global electric parking brake market is segmented into OEM and aftermarket. The OEM segment is projected to be prominent throughout the forecast period.

By region, the electric parking brake market report studies markets across several regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. In these regions, East Asia and Europe are expected to grow with a predominant share in the global electric parking brake market over the forecast period. However, East Asia and Latin America are also representing healthy growth in the electric parking brake market.

Electric Parking Brakes Market: Key Participants

For an in-depth analysis, PMR has divided the market structure in two levels: tier 1 and tier 2. Tier 1 players are estimated to account for a ~55% share in the global market and generate ~US$ 680 Mn revenue through the sales of electric parking brakes across the world.

The global electric parking brake market is fragmented, owing to the presence of several manufacturers of electric parking brakes across the globe. Prominent players in the global electric parking brake market are focusing on the development of braking business, adopting business expansions, collaborations, and acquisition strategies to capture significant share of the global market.

  • In April 2019, Continental AG developed the brake system namely MK C1 electrohydraulic brake-by-wire, which reduced CO2 emission by around 5 g/km on average as compared to a conventional non-brake-by-wire hybrid brake system.
  • In March 2018, Aisin Seiki Co., Ltd. became a shareholder in Toyota Motor Corporation’s new company, Toyota Research Institute-Advanced Development, Inc. (TRI-AD), to develop autonomous technologies consisting of vehicle controllers responsible for acceleration, braking, and steering based on artificial intelligence.
  • In June 2018, Akebono Brake Industry Co., Ltd. developed new construction brake caliper based on the construction of AD-Type disc brake (floating type disc brake) that has been modified extensively to meet specific requirements for automobiles that use electric power sources.
  • 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

For in-depth competitive analysis, Check Pre-Book here @ https://www.persistencemarketresearch.com/checkout/17455

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Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Electric Parking Brake Market is estimated to reach a global value of ~ US$ 4.2 Bn by the end of 2029

Persistence Market Research published a report on the electric parking brake market. The report includes the global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report studies the global electric parking brake market and offers an in-depth analysis for the next ten years. The report also covers forecast factors and macroeconomic factors that are anticipated to drive the growth of the global electric parking brake market. The report on the electric parking brake market also discusses latest trends and potential opportunities in the market across the value chain, along with restraints that are expected to hamper the growth of the market.

The global electric parking brake market was valued at ~ US$ 830 Mn in 2014, and is expected to exceed US$ 1.2 Bn by the end of 2019, and CAGR of ~ 12% between 2019 and 2029, and is estimated to reach a global value of ~ US$ 4.2 Bn by the end of 2029.

For detailed insights on enhancing your product footprint, request for a Sample here @ https://www.persistencemarketresearch.com/samples/17455

 

pr image global electric parking brakes market

Electric Parking Brake Market Players Focus on Enhanced Fuel Economy

By product type, the global electric parking brake market is segmented into cable-pull systems and electric-hydraulic caliper systems. The electric parking brake market is expected to be prominent in the electric-hydraulic caliper system owing to the safer and more comfortable driving experience and enhanced safety of driver and vehicles. The cable-pull system is forecasted to have less share as compared to the electric-hydraulic caliper system.

Moreover, manufacturers of electric parking brakes are focusing on significant weight saving brake systems as compared to conventional parking brake systems, which supports enhanced fuel economy and reduced carbon emissions. The aforementioned factor is expected to increase the sales of electric parking brakes over the forecast period.

By vehicle type, the electric parking brake market is segmented into passenger vehicles, LCVs, and HCVs. The passenger vehicle segment is sub-segmented into compact vehicles, mid-sized vehicles, luxury vehicles, and SUVs. The luxury vehicles segment is expected to be prominent in the global electric parking brake market.

By sales channel, the global electric parking brake market is segmented into OEM and aftermarket. The OEM segment is projected to be prominent throughout the forecast period.

By region, the electric parking brake market report studies markets across several regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. In these regions, East Asia and Europe are expected to grow with a predominant share in the global electric parking brake market over the forecast period. However, East Asia and Latin America are also representing healthy growth in the electric parking brake market.

Electric Parking Brakes Market: Key Participants

For an in-depth analysis, PMR has divided the market structure in two levels: tier 1 and tier 2. Tier 1 players are estimated to account for a ~55% share in the global market and generate ~US$ 680 Mn revenue through the sales of electric parking brakes across the world.

Request For Methodology of this Report here @ https://www.persistencemarketresearch.com/methodology/17455

The global electric parking brake market is fragmented, owing to the presence of several manufacturers of electric parking brakes across the globe. Prominent players in the global electric parking brake market are focusing on the development of braking business, adopting business expansions, collaborations, and acquisition strategies to capture significant share of the global market.

  • In April 2019, Continental AG developed the brake system namely MK C1 electrohydraulic brake-by-wire, which reduced CO2 emission by around 5 g/km on average as compared to a conventional non-brake-by-wire hybrid brake system.
  • In March 2018, Aisin Seiki Co., Ltd. became a shareholder in Toyota Motor Corporation’s new company, Toyota Research Institute-Advanced Development, Inc. (TRI-AD), to develop autonomous technologies consisting of vehicle controllers responsible for acceleration, braking, and steering based on artificial intelligence.
  • In June 2018, Akebono Brake Industry Co., Ltd. developed new construction brake caliper based on the construction of AD-Type disc brake (floating type disc brake) that has been modified extensively to meet specific requirements for automobiles that use electric power sources.

Some of the key players involved in the manufacturing of the global electric parking brakes are,

  • 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

For in-depth competitive analysis, Check Pre-Book here @  https://www.persistencemarketresearch.com/checkout/17455

Reasons to Purchase this Report:

Accuracy and Quality
Our reports strive to offer superior quality reports based on authentic and accurate findings.
Customer Satisfaction
We aim to ensure that our client’s research needs are met with customized, top-of-the-line solutions.
Unmatched Expertise
Our analysts and consultants are among the best in their field and promise to deliver excellent market intelligence.
360-degree Analysis
We leave no stone unturned to give clients an exhaustive coverage of the industry.

Global Market Study on Moringa Ingredients: Health-friendly and Nutritious Properties of Moringa Driving Global Sales

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Electric Parking Brake Market Industry Status and Detailed Analysis 2020-2026

Image result for Electric Parking Brake

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%.

Market Analysis and Insights: Global Electric Parking Brake Market
The global Electric Parking Brake market is valued at 2300.5 million US$ in 2020 is expected to reach 7069.6 million US$ by the end of 2026, growing at a CAGR of 17.2% during 2021-2026.

Global Electric Parking Brake Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.

The major players in the market include TRW, KUSTER, Continental, DURA, AISIN, Mando, SKF, Hyundai Mobis, Wuhu Bethel, APG, Zhejiang Wanchao, etc.

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Global Electric Parking Brake Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts opinions have been taken to understand the market better.

Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Electric-hydraulic Caliper Systems
Cable-pull Systems

Segment by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

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Global Electric Parking Brake Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Electric Parking Brake market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

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