Electric Parking Brake Market Forecast and Trends Analysis Research Report 2019 to 2027



An electric parking brake is installed in an automotive to stop or holds the vehicle on the flat ground or hill roads. The vital advantage of using electronic parking brake is that it has less components, compact, robust and light weight as compared to traditional mechanical brake system.

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Fact.MR offers a 10-year forecast for the electric parking brake between 2018 and 2027. In terms of value, the electric parking brake market is expected to register a CAGR of 7.0% during the forecast period (2018–2027). The study offers key trends that are currently influencing the growth of the electric parking brake market. This newly published and insightful report shed light on key dynamics, which are expected to transform future of the electric parking brake market, in turn, creating flourishing avenues for prominent companies as well as emerging players associated with the manufacturing of electric parking brake.

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The electric parking brake market study is a sinuous market intelligence on key revenue growth drivers, challenges, industry trends, and opportunities, which will eventually influence the growth trajectory of the Electric Parking Brake market. The report initially imparts an overview of the electric parking brake market, considering current and prospects in the automotive sector growth, to reveal attractive facets relating to the adoption of electric parking brake across key regional markets.

An in-depth assessment on prominent electric parking brake manufacturers offered in the report allows the report readers to gain detailed insights that are derived from the electric parking brake manufacturers across the regional markets incorporated in the report. A list of key companies operating in the electric parking brake market provided in the report adds to the credibility of this exhaustive research study.

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Electric Parking Brake Market: Report Summary and Scope

The study offers detailed intelligence on different factors influencing demand, sales and revenue generation in the electric parking brake market across the globe. The opportunity analysis included in the report is beneficial for the readers to understand better opportunities in the sector, which will, in turn, trigger the adoption of the electric parking brake.

A detailed forecast on the electric parking brake market has also been offered by the analysts, who have categorized the market forecasts in terms of a likely scenario, conservative scenario, and an optimistic scenario regarding production and sales of the electric parking brake during the period of forecast. Segmentation based on the most attractive sites of the electric parking brake market has been provided in the form of a taxonomy table in the report.

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Key Segments Covered in Electric Parking Brake Report:


On the basis of type, the electric parking brake market can be segmented into:

  • Electric-Hydraulic Caliper System
  • Cable-Pull System

On the basis of component, the electric parking brake market can be segmented into:

  • Electronic Control Unit
  • Actuator
  • Switch

On the basis of vehicle type, the electric parking brake market can be segmented into:

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

On the basis of sales channel, the electric parking brake market can be segmented into:

  • OEM
  • Aftermarket

On the basis of region, the Electric Parking Brake market can be segmented into:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)


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Electric Parking Brake Market: Analysis on Market Size Evaluation

Current and future prospects of the electric parking brake market, containing current, as well as future projected values and volume forecast and analysis on region-wise demand trends, have been incorporated in the report. Assessment offered on the factors mentioned above are comprehensive and dedicated weighted chapters have been delivered on the same.

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