The global Electric Parking Brake System market size is predicted to grow from US$ 11080 million in 2025 to US$ 21540 million in 2031; it is expected to grow at a CAGR of 11.7% from 2025 to 2031.
Electric parking brake 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.
Global Electric Parking Brake System key players include ZF TRW, Continental, Küster, Dura, Mando, etc. Global top five manufacturers hold a share over 80%.
Europe is the largest market, with a share over 40%, followed by North America and China, both have a share over 30% percent.
In terms of product, Caliper Integrated EPB is the largest segment, with a share over 90%. And in terms of application, the largest application is Sedans, followed by SUVs.
LP Information, Inc. (LPI) ' newest research report, the “Electric Parking Brake System Industry Forecast” looks at past sales and reviews total world Electric Parking Brake System sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Parking Brake System sales for 2025 through 2031. With Electric Parking Brake System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Parking Brake System industry.
This Insight Report provides a comprehensive analysis of the global Electric Parking Brake System 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 Electric Parking Brake System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Parking Brake System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Parking Brake System 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 Electric Parking Brake System.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Parking Brake System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Caliper Integrated EPB
Cable Puller EPB
Segmentation by Application:
Sedans
SUVs
Others
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 TRW
Continental
Küster
Dura
Mando
AISIN
Hyundai Mobis
Zhejiang Libang Hexin
Wuhu Bethel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Parking Brake System market?
What factors are driving Electric Parking Brake System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Parking Brake System market opportunities vary by end market size?
How does Electric Parking Brake System break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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