Global EPB Actuators Market Growth 2024-2030

Global EPB Actuators Market Growth 2024-2030

EPB actuators refer to Electronic Parking Brake actuators. An electronic parking brake (EPB) is a mechanism that replaces the traditional handbrake lever or foot pedal with a switch or button to engage and disengage the parking brake. The EPB system utilizes actuators to apply or release the parking brake when commanded by the driver or vehicle's control system. These actuators are responsible for generating the force necessary to engage the brake mechanism within the rear brakes of the vehicle. EPB actuators are controlled by the vehicle's electronic control unit (ECU), which receives input from the driver or various sensors to determine when to engage or disengage the parking brake.

The global EPB Actuators market size is projected to grow from US$ 1677 million in 2024 to US$ 2171 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “EPB Actuators Industry Forecast” looks at past sales and reviews total world EPB Actuators sales in 2023, providing a comprehensive analysis by region and market sector of projected EPB Actuators sales for 2024 through 2030. With EPB Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EPB Actuators industry.

This Insight Report provides a comprehensive analysis of the global EPB Actuators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EPB Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EPB Actuators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EPB Actuators and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EPB Actuators.

The Global key players of EPB Actuators include ZF, Continental, Advics (Aisin), etc. The top three players hold a share about 49%. Asia-Pacific is the largest market, and has a share about 54%. In terms of product type, Caliper Integrated Type is the largest segment, which occupied for a share of about 91%. For application, Fuel Vehicle is the largest segment, which has a share about 78%.

This report presents a comprehensive overview, market shares, and growth opportunities of EPB Actuators market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Caliper Integrated Type
Cable Puller Type

Segmentation by Application:
Fuel Vehicle
Electric Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ZF
Continental
Advics (Aisin)
Küster
Hitachi Astemo
Bethel
SKF
Keyang Electric Machinery
INFAC
Brembo

Key Questions Addressed in this Report

What is the 10-year outlook for the global EPB Actuators market?

What factors are driving EPB Actuators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do EPB Actuators market opportunities vary by end market size?

How does EPB Actuators break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.