The new Electric Parking Brake Market report offers a comprehensive study of the current scenario of the market including major market dynamics. Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country. Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric parking brake market include ZF Friedrichshafen AG, Continental AG, SKF, Electric Mobility Controls, Toshiba Electronic Devices, Storage Corporation, Allegro Micro Systems, LLC, Aisin Seiki Co., and Wabco. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Demand for the electric parking brake is growing due to a growing focus on enhancing the safety of light commercial and heavy commercial vehicles and advancements in modern automotive engineering. The automotive industry has witnessed an increasing demand for electric parking brakes due to spurring trend of lightweight and comfortable vehicles and growing awareness about the advantages and featured of EPB. Electric brake systems facilitate the reduction of power consumption as well as vehicle weight. Diversification of product portfolio through R&D activities along with company M&A are specific key strategies being adopted by the key players to strengthen their foothold market. Electric parking brake manufacturers are collaborating with automotive manufacturers and focusing on developing electric parking brake systems.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric parking brake. The growth and trends of electric parking brake industry provide a holistic approach to this study.
Browse Global Electric Parking Brake Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/electric-parking-brake-market
Market Segmentation
This section of the electric parking brake market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Electric-Hydraulic Caliper Systems
- Cable-Pull Systems
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles (Lcvs)
- Heavy Commercial Vehicles (Hcvs)
By Sales Channel
- OEMS
- Aftermarket
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Electric Parking Brake market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Electric parking brake has very few number of components and can be actuates with the help of button, thus creating more space in the automobile cabin.
Increased consumer inclination towards traveling safety, comfort, convenience and stability in the vehicles has up surged the demand for electric parking brake.
The vehicle OEMs are emerging with different innovative technologies to advance the performance of the electric parking brake system, reduce cost, weight and size.
Technological advancement and an introduction of electric and hybrid vehicles are majorly anticipated to propel the electric parking brake market over the forecast period across the globe.
However, the growth of the market is expected to face hindrance due to the high cost of the electric parking brake and lack of skilled technicians for the electronic system in vehicle.This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to electric parking brake manufacturers looking to enter the market.
The section – electric parking brake market analysis, by vehicle type comprehensively analyzes the market by vehicle type in which electric parking brake are installed.
The latest trending report Global Electric Parking Brake Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Electric Parking Brake market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 16.5% in the forecast period of 2020 to 2025 and will expected to reach USD 4354.5 million by 2025, from USD 2367.1 million in 2019.The Electric Parking Brake market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/41855-electric-parking-brake-industry-analysis-reportThe major players covered in Electric Parking Brake are:TRWHyundai MobisDURAKUSTERSKFContinentalAPGMandoAISINWuhu BethelZhejiang WanchaoBy Type, Electric Parking Brake market has been segmented intoElectric-hydraulic Caliper SystemsCable-pull SystemsBy Application, Electric Parking Brake has been segmented intoPassenger CarsLight Commercial VehiclesHeavy Commercial VehiclesThe report offers in-depth assessment of the growth and other aspects of the Electric Parking Brake market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Electric Parking Brake Market @ https://www.decisiondatabases.com/contact/download-sample-41855The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Electric Parking Brake product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Electric Parking Brake, with price, sales, revenue and global market share of Electric Parking Brake in 2018 and 2019.Chapter 3, the Electric Parking Brake competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Electric Parking Brake breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Electric Parking Brake market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Electric Parking Brake sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Electric Parking Brake Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-41855Other Reports by DecisionDatabases.com:Global Engine Brake Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Brake Pads Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Brake Fluid Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
Maximize Market Research has published the “Global Electric Parking Brake Market Report 2021”, which has covered the comprehensive analysis of market by different segment as well as demand & supply study and gaps between the same by region.
The report gives an exclusive insights in key players by region with competitive landscape of the market.
The market share in the industry is given by key players, which helps user of the report to understand the market structure at glance.Key players in the industry are profiled in the report that give strategic insights of the companies with their top line and plans of expansion in near tern with M policies.
Profiles of companies will help user to understand the most revenue generating segments for the companies including products, region.Global Electric Parking Brake Market is expected to grow at a CAGR of % in the forecast period of 2020 to 2027.
External factors and internal factors of companies affecting the growth of the companies and ultimately adding the total market are analysed in the report.Global Electric Parking Brake Market size was valued US$ 1.38 Bn.
in 2019 and the total revenue is expected to grow about CAGR 12% from 2020 to 2027, reaching nearly US$ 3.42 Bn.The report also helps in understanding Electric parking brake Market dynamics, structure by analyzing the market segments and projects the Electric parking brake Market size.
Electric Parking Brake Market By Type (Electric-Hydraulic Caliper System, Cable-Pull System), Sales Channel (OEM, Aftermarket), Component (ECU, Actuator, Switch), Vehicle Type (PC, LCV, HCV) and Region - Global Industry Forecast To 2023The electric parking brake market is expected to grow over the CAGR of around 7% during the period 2018 to 2023.
Electric parking brake has less number of components which frees up the space in the interior cabin and actuates with the help of button.
Electric parking brake can be installed in any vehicle of any size and power capacity.
Increase in demand for safety, comfort, convenience and stability in the vehicles increases demand for electric parking brake market.
Market Overview:The electric parking brake holds the vehicle on the ground road or hill road and used in emergency stops.
Electric parking brake has less number of components which frees up space in the interior cabin and actuates with the help of a button.
