Electric Parking Brake Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

Electric Parking Brake Market Overview

The Electric Parking Brake (EPB) market is poised for significant growth from 2025 to 2030, driven by advancements in automotive technology, increasing demand for safety features, and stringent government regulations. The EPB system, which replaces traditional handbrakes with an electronically controlled mechanism, is gaining traction due to its convenience, reliability, and integration with advanced driver-assistance systems (ADAS). The global EPB market is expected to grow at a CAGR of 6.5%-7.8% during the forecast period, reaching a market size of $5.2 billion to $6.1 billion by 2030.

Market Size and Share Analysis

In 2025, the global EPB market is projected to be valued at approximately $3.8 billion. By 2030, this figure is expected to rise to $6.1 billion, reflecting a steady growth trajectory. The market is segmented by product type, application, and region. Among product types, the integrated EPB systems dominate the market, accounting for 65%-70% of the total market share. This is due to their seamless integration with ADAS and other vehicle control systems.

Market Share by Key Players

The EPB market is highly competitive, with key players such as ZF, Dura-Shiloh, Kster, Continental, HL Mando, ADVICS, Hitachi Astemo, SABS, Wuhu Boteli, APG, Zhejiang Libang Hexin, Ningbo Global, Wanxiang Qianchao, and HiRain leading the industry. ZF holds the largest market share at 22%-25%, followed by Continental with 18%-20%. These companies are investing heavily in R&D to develop innovative EPB solutions that cater to the evolving needs of the automotive industry.

Market Trends and Drivers

The EPB market is driven by several key trends:

• Increasing Adoption of ADAS: The integration of EPB systems with ADAS is a major growth driver. By 2030, 75%-80% of new vehicles are expected to feature EPB systems as part of their ADAS suite.
• Stringent Safety Regulations: Governments worldwide are implementing stricter safety standards, mandating the use of advanced braking systems. This is expected to boost EPB adoption, particularly in Europe and North America.
• Rising Demand for Electric Vehicles (EVs): The growing popularity of EVs is another significant driver. EPB systems are essential for EVs due to their compatibility with regenerative braking systems.

Market Segmentation

By Product Type

The EPB market is segmented into integrated EPB systems and non-integrated EPB systems. Integrated systems are expected to dominate the market, with a projected share of 65%-70% by 2030. Non-integrated systems, while less popular, are still expected to grow at a CAGR of 4.5%-5.5%.

By Application

The market is further segmented by application into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Passenger vehicles account for the largest share, with 75%-80% of the market, driven by the increasing demand for luxury and mid-range vehicles equipped with advanced safety features. Light commercial vehicles are expected to grow at a CAGR of 5.5%-6.5%, while heavy commercial vehicles are projected to grow at a CAGR of 4.0%-5.0%.

By Region

Geographically, the EPB market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is the largest market, accounting for 40%-45% of the global EPB market share, driven by the rapid growth of the automotive industry in countries like China and India. Europe follows closely, with a market share of 30%-35%, owing to stringent safety regulations and high adoption rates of advanced automotive technologies.

Market News on Policy and Companies

Recent developments in the EPB market include:

• ZF's New EPB System: In 2025, ZF launched a next-generation EPB system that integrates with ADAS and offers enhanced safety features. This innovation is expected to strengthen ZF's market position.
• Continental's Expansion: Continental announced plans to expand its EPB production capacity in Asia-Pacific to meet the growing demand from the region's automotive manufacturers.
• Government Regulations: The European Union has introduced new safety regulations mandating the use of EPB systems in all new vehicles by 2025. This is expected to drive market growth in the region.

Segment Forecasts (2025-2030)

The EPB market is expected to witness robust growth across all segments:

• Integrated EPB Systems: Projected to grow at a CAGR of 7.0%-8.0%, reaching a market size of $4.2 billion to $4.8 billion by 2030.
• Passenger Vehicles: Expected to grow at a CAGR of 6.5%-7.5%, with a market size of $3.9 billion to $4.6 billion by 2030.
• Asia-Pacific: Anticipated to grow at a CAGR of 7.5%-8.5%, driven by the rapid expansion of the automotive industry in the region.

Conclusion

The Electric Parking Brake market is set for substantial growth from 2025 to 2030, driven by technological advancements, increasing safety regulations, and the rising demand for electric vehicles. Key players like ZF and Continental are leading the market, with significant investments in R&D and production capacity expansion. The Asia-Pacific region is expected to dominate the market, while Europe and North America will also see strong growth due to regulatory support. Overall, the EPB market presents lucrative opportunities for stakeholders across the automotive value chain.