Global Electronic Park Lock Actuator (EPLA) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Electronic Park Lock Actuator (EPLA) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Electronic Park Lock Actuator (EPLA) market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.

Electronic park lock actuator (EPLA) has been designed for use in the latest automotive transmissions including EV applications. The Park Lock function is required for vehicles with automatic transmissions, in particular for electric or highly hybridized vehicles, in order to immobilize the vehicle during the parking phase and guarantee the safety of nearby people and property.Actuator is an electromechanical device, formed by DC electrical motor, an optimized mechanical transmission and an electronic control unit, communicated with the vehicle by CAN, LIN, PWM interface.

The traditional mechanical shifter system with cables or rod are replaced by electronic Shift-by-wire mechanism and actuator in the gearbox saving weight, space and improving interior design.​

The strong growth in the electrification of drive chains, reinforced by the growth in the automation of vehicles, has led to the implementation of electric actuators, whose action consists of activating a trigger in a toothed wheel in order to create positive locking of the transmission and immobilize the vehicle.

The Global Info Research report includes an overview of the development of the Electronic Park Lock Actuator (EPLA) industry chain, the market status of Passenger Vehicle (ASIL A, ASIL B), Commercial Vehicle (ASIL A, ASIL B), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electronic Park Lock Actuator (EPLA).

Regionally, the report analyzes the Electronic Park Lock Actuator (EPLA) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electronic Park Lock Actuator (EPLA) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Electronic Park Lock Actuator (EPLA) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electronic Park Lock Actuator (EPLA) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Security Level (e.g., ASIL A, ASIL B).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electronic Park Lock Actuator (EPLA) market.

Regional Analysis: The report involves examining the Electronic Park Lock Actuator (EPLA) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electronic Park Lock Actuator (EPLA) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Electronic Park Lock Actuator (EPLA):

Company Analysis: Report covers individual Electronic Park Lock Actuator (EPLA) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electronic Park Lock Actuator (EPLA) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).

Technology Analysis: Report covers specific technologies relevant to Electronic Park Lock Actuator (EPLA). It assesses the current state, advancements, and potential future developments in Electronic Park Lock Actuator (EPLA) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electronic Park Lock Actuator (EPLA) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Electronic Park Lock Actuator (EPLA) market is split by Security Level and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Security Level, and by Application in terms of volume and value.

Market segment by Security Level
ASIL A
ASIL B
ASIL C
ASIL D

Market segment by Application
Passenger Vehicle
Commercial Vehicle

Major players covered
Methode
EFI Group
Ficosa
Stoneridge Inc.
Vitesco Technologies
Oechsler
Autoliv Inc.
Takata Corporation
Daicel Corporation
Hyundai Mobis
Piezo Technologies
Kistler Group
Arm Holding
Borgwarner Inc
Continental AG
Denso Corporation
Robert Bosch Gmbh
Valeo
Veoneer Inc
ZF Friedrichshafen AG
Kongsberg Automotive
Johnson Electric

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Park Lock Actuator (EPLA) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronic Park Lock Actuator (EPLA), with price, sales, revenue and global market share of Electronic Park Lock Actuator (EPLA) from 2018 to 2023.

Chapter 3, the Electronic Park Lock Actuator (EPLA) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronic Park Lock Actuator (EPLA) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Security Level and application, with sales market share and growth rate by security level, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electronic Park Lock Actuator (EPLA) market forecast, by regions, security level and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Park Lock Actuator (EPLA).

Chapter 14 and 15, to describe Electronic Park Lock Actuator (EPLA) sales channel, distributors, customers, research findings and conclusion.