Global Electronic Park Lock Actuator (EPLA) Supply, Demand and Key Producers, 2023-2029

Global Electronic Park Lock Actuator (EPLA) Supply, Demand and Key Producers, 2023-2029

The global Electronic Park Lock Actuator (EPLA) market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

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.

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.​

This report studies the global Electronic Park Lock Actuator (EPLA) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Electronic Park Lock Actuator (EPLA), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Electronic Park Lock Actuator (EPLA) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Electronic Park Lock Actuator (EPLA) total production and demand, 2018-2029, (K Units)

Global Electronic Park Lock Actuator (EPLA) total production value, 2018-2029, (USD Million)

Global Electronic Park Lock Actuator (EPLA) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Electronic Park Lock Actuator (EPLA) consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Electronic Park Lock Actuator (EPLA) domestic production, consumption, key domestic manufacturers and share

Global Electronic Park Lock Actuator (EPLA) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Electronic Park Lock Actuator (EPLA) production by Security Level, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Electronic Park Lock Actuator (EPLA) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Electronic Park Lock Actuator (EPLA) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Methode, EFI Group, Ficosa, Stoneridge Inc., Vitesco Technologies, Oechsler, Autoliv Inc., Takata Corporation and Daicel Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Electronic Park Lock Actuator (EPLA) market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Security Level, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Electronic Park Lock Actuator (EPLA) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Electronic Park Lock Actuator (EPLA) Market, Segmentation by Security Level
ASIL A
ASIL B
ASIL C
ASIL D

Global Electronic Park Lock Actuator (EPLA) Market, Segmentation by Application
Passenger Vehicle
Commercial Vehicle

Companies Profiled:
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

Key Questions Answered

1. How big is the global Electronic Park Lock Actuator (EPLA) market?

2. What is the demand of the global Electronic Park Lock Actuator (EPLA) market?

3. What is the year over year growth of the global Electronic Park Lock Actuator (EPLA) market?

4. What is the production and production value of the global Electronic Park Lock Actuator (EPLA) market?

5. Who are the key producers in the global Electronic Park Lock Actuator (EPLA) market?

6. What are the growth factors driving the market demand?