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    Electric Parking Brake Market

    ID: MRFR/AM/5459-HCR
    100 Pages
    Aarti Dhapte
    September 2025

    Electric Parking Brake Market Research Report Information By System Type (Cable Pull System and Electric-Hydraulic Caliper Systems), By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle and Heavy Commercial Vehicle) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

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    Electric Parking Brake Market Research Report - Global Industry Forecast to 2032 Infographic
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    Table of Contents

    Electric Parking Brake Market Summary

    As per Market Research Future Analysis, the global Electric Parking Brake Market was valued at USD 2.64 Billion in 2023 and is projected to reach USD 11.35 Billion by 2032, growing at a CAGR of 17.29% from 2024 to 2032. The market is driven by increased auto manufacturing, rising consumer disposable incomes, and heightened safety concerns due to the growing number of vehicles on the road. The electric-hydraulic caliper systems segment leads the market, while passenger vehicles account for the largest revenue share. North America is expected to dominate the market, followed by Europe and Asia-Pacific, with significant growth anticipated in the latter due to rising automotive production in China and India.

    Key Market Trends & Highlights

    Key trends driving the Electric Parking Brake Market include technological advancements and increasing safety regulations.

    • The market is expected to grow from USD 3.16 Billion in 2024 to USD 11.35 Billion by 2032.
    • Passenger vehicles generated the most income in the electric parking brake market, driven by rising consumer expectations.
    • North America is projected to dominate the market due to the demand for electric and fuel-efficient vehicles.
    • The Asia-Pacific region is expected to grow at the fastest CAGR from 2023 to 2032, fueled by automotive manufacturing in China and India.

    Market Size & Forecast

    2023 Market Size USD 2.64 Billion
    2032 Market Size USD 11.35 Billion
    CAGR (2024-2032) 17.29%

    Major Players

    Key players include Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), DURA Automotive Systems (US), Hyundai Mobis Co. Ltd. (South Korea), and ZF Friedrichshafen AG (Germany).

    Electric Parking Brake Market Trends

    High global demand for passenger automobiles is driving the market growth

    Over the past ten years, electrical parking brakes (EPB) have become widely employed in passenger cars. Passenger vehicles are the predominant form of road transportation in many parts of the world. Annual production of new cars is around 70 million. Passenger cars account for a sizable share of automobiles. In the world, utility vehicles, passenger automobiles, and trucks are the most widely used modes of transportation. The constant enhancement of each design element, including performance, materials, engines, mechanics, and fuels (including electric power supply), pollution reduction, aerodynamics, entertainment, aesthetics, autonomous control, and ergonomics, is the focus of significant investment.

    The fundamental growth engine for the automotive sector is the demand for passenger cars and other vehicles, driven by an increase in income. 

    In 2020, the US will produce almost 18 million passenger vehicles, making it the second-largest manufacturer in the world. The European Union, China, the United States, and Japan, the world's top four auto markets, account for most of the world's passenger car production due to demand from the expanding middle class in developing nations, where consumers frequently bought their first personal passenger vehicle, manufacturing and sales surged in China, India, and Brazil during the five years. China is now the top nation producing passenger cars, surpassing industrialized nations like the United States and Japan.

    Therefore, the market CAGR for electric parking brakes is anticipated to be driven by the increased demand for passenger cars with reliable parts over the forecast period.

    The safety of automobiles has become a major worry as a result of the sharp rise in car ownership and the constant improvement in vehicle speed, with active safety taking center stage in scientific study. Statistics show that between 2015 and 2020, the number of fatal car accidents increased from 34,292 to 64,587, an increase of 15.8%; the number of people who own private cars increased from 65,140 to 120,590, an increase of 81.6%; and the number of people who have been driving for one year increased from 26 million to 29 million, an increase of 13.5%.

    Individuals frequently utilize the brakes when driving a car, yet they frequently fail to apply the handbrake. Therefore, improper handbrake use or system failure frequently causes more traffic accidents. In 2021, 182 million individuals worldwide lost their lives in traffic collisions. In 2020, traffic accidents will be the third most common cause of diseases and injuries worldwide. 

    Additionally, the pertinent data state that the economic losses from traffic accidents represented 2% of GDP in high-income countries and 1% in low-income ones. The annual cost of damage from automobile accidents is estimated to be over USD 690 billion. As a result, worldwide high and innovative technology development in the automobile industry has made vehicle safety technology one of its topics. Traditional parking brake systems, which function mechanically and are activated by a parking brake lever or foot pedal, have been superseded by EPB systems. Women and older people find the EPB system more convenient.

    Because of this, the electric parking brake market revenue will experience growth over the upcoming years.

    The increasing emphasis on vehicle safety and the growing adoption of advanced driver-assistance systems are driving the transition towards electric parking brakes, which offer enhanced control and convenience in modern automotive design.

    U.S. Department of Transportation

    Electric Parking Brake Market Drivers

    Market Growth Projections

    The Global Electric Parking Brake Market Industry is poised for substantial growth, with projections indicating a market size of 3.16 USD Billion in 2024 and an anticipated increase to 18.3 USD Billion by 2035. This remarkable growth trajectory suggests a compound annual growth rate of 17.32% from 2025 to 2035. Such projections underscore the increasing adoption of electric parking brakes across various vehicle segments, driven by technological advancements, regulatory support, and changing consumer preferences. The market's expansion reflects a broader trend towards innovative automotive solutions that enhance safety, efficiency, and user experience.

    Increasing Adoption of Electric Vehicles

    The rise in electric vehicle adoption significantly influences the Global Electric Parking Brake Market Industry. As more consumers transition to electric vehicles, the demand for compatible braking systems, such as electric parking brakes, escalates. Electric parking brakes are particularly suited for electric vehicles due to their compact design and reduced weight, which contribute to improved energy efficiency. This trend is further supported by government incentives promoting electric vehicle adoption, thereby creating a favorable environment for the electric parking brake market. The industry's growth trajectory is expected to align with the increasing number of electric vehicles on the road.

    Regulatory Support for Emission Reduction

    Regulatory frameworks aimed at reducing vehicle emissions are shaping the Global Electric Parking Brake Market Industry. Governments worldwide are implementing stringent emission standards, encouraging manufacturers to adopt cleaner technologies. Electric parking brakes contribute to overall vehicle efficiency by reducing weight and enhancing performance, thereby supporting compliance with these regulations. As manufacturers strive to meet these standards, the integration of electric parking brakes becomes a strategic choice. This regulatory support not only drives the adoption of electric parking brakes but also aligns with global sustainability goals, fostering a more environmentally friendly automotive landscape.

    Growing Demand for Advanced Safety Features

    The Global Electric Parking Brake Market Industry experiences a surge in demand for advanced safety features in vehicles. As consumers increasingly prioritize safety, manufacturers are integrating electric parking brakes to enhance vehicle stability and prevent rollaway incidents. This shift aligns with regulatory standards that advocate for improved safety measures in automobiles. For instance, the implementation of electric parking brakes contributes to the overall safety ratings of vehicles, making them more appealing to safety-conscious consumers. This trend is expected to drive the market significantly, as the industry adapts to meet evolving consumer expectations.

    Technological Advancements in Automotive Systems

    Technological advancements play a pivotal role in the Global Electric Parking Brake Market Industry. Innovations in electronic control systems and sensor technologies have enhanced the functionality and reliability of electric parking brakes. These advancements allow for seamless integration with other vehicle systems, such as automatic braking and stability control. As a result, manufacturers are increasingly adopting electric parking brakes to improve overall vehicle performance. The market is projected to grow from 3.16 USD Billion in 2024 to an estimated 18.3 USD Billion by 2035, reflecting a compound annual growth rate of 17.32% from 2025 to 2035, driven by these technological enhancements.

    Consumer Preference for Enhanced Driving Experience

    Consumer preferences are evolving towards vehicles that offer enhanced driving experiences, significantly impacting the Global Electric Parking Brake Market Industry. Modern drivers seek convenience and ease of use, which electric parking brakes provide through features such as automatic engagement and disengagement. This shift in consumer behavior is prompting manufacturers to prioritize the integration of electric parking brakes in their vehicle designs. As the automotive industry continues to innovate, the demand for features that enhance the overall driving experience is likely to drive the market forward, reflecting a broader trend towards user-centric vehicle technology.

    Market Segment Insights

    Electric Parking Brake System Type Insights

    The global electric parking brake market segmentation, based on system type includes Cable Pull System and Electric-Hydraulic Caliper Systems. The electric-hydraulic caliper systems segment dominated the market. Electric-hydraulic caliper systems combine the benefits of electric and hydraulic technologies for superior braking performance. Electric systems offer cutting-edge features and integration possibilities, while hydraulic systems provide strong brakes and fine control. Combining these technologies results in improved responsiveness and braking performance, which appeals to consumers and contributes to rising demand.

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Electric Parking Brake Vehicle Type Insights

    The global electric parking brake market segmentation, based on vehicle type, includes Light Commercial Vehicle, Passenger Vehicle and Heavy Commercial Vehicle. The passenger vehicle category generated the most income. The growth of the passenger cars segment in the automotive electronic parking brake market will be fueled by factors like rising consumer expectations, fiercer competition forcing OEMs to add features to maintain market share, and government regulations requiring more safety and security features.

    Get more detailed insights about Electric Parking Brake Market Research Report - Global Industry Forecast to 2032

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American electric parking brake market area will dominate this market. The market for electric parking brake systems is expected to develop as a result of the region's increasing demand for electric and fuel-efficient vehicles. Furthermore, an increasing focus on reducing carbon emissions and enhancing vehicle safety is encouraging the use of advanced automotive technology in the region.

    The expansion of North America's electric parking brake system market is anticipated to be fueled by the adoption of Advanced Driver Assistance Systems (ADAS) and the expanding trend of electric and hybrid automobiles.

    Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 2: Global Electric Parking Brake Market Share By Region 2022 (Usd Billion)

    Global Electric Parking Brake Market Share By Region 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe electric parking brake market accounts for the second-largest market share due to the presence of numerous major market participants for car electronic parking brakes in nations like Germany. Due to growing interest in electric and hybrid vehicles, the connected car trend, and the adoption of ADAS, the market for electric parking brake systems in the region is anticipated to grow. The rigorous government regulations addressing vehicle safety and carbon emissions are also expected to hasten the deployment of electronic parking brake systems in Europe.

    Further, the German electric parking brake market held the largest market share, and the UK electric parking brake market was the fastest growing market in the European region

    The Asia-Pacific Electric parking brake Market is expected to grow at the fastest CAGR from 2023 to 2032 due to rising automotive manufacturing in nations like China and India. The region's market growth is anticipated to be primarily driven by the expanding automobile industry in Asian nations. Furthermore, the expansion of the electric parking brake market in the Asia-Pacific region is additionally anticipated to be fueled by the increased demand for personnel vehicles, coupled with safety features, rising disposable income, and rising standards of life.

    Moreover, China’s electric parking brake market held the largest market share, and the Indian electric parking brake market was the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to expand their product lines, which will help the electric parking brake market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, electric parking brake industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global electric parking brake industry to benefit clients and increase the market sector. In recent years, the electric parking brake industry has offered some of the most significant advantages to market. Major players in the electric parking brake market attempting to increase market demand by investing in research and development operations include Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), DURA Automotive Systems (US), TBK Co.

    Ltd. (Tokyo), Hyundai Mobis Co.Ltd. (South Korea), Küster Holding GmbH (Germany), Mando-Hella Electronics Corp. (South Korea), Svenska Kullagerfabriken AB (Sweden), ZF Friedrichshafen AG (Germany), Wuhu Bethel Automotive Safety Systems Co. Ltd (China) and Zhejiang Wanchao Electric Appliance Co. Ltd. (China).

    ZF Friedrichshafen AG (ZF), a division of Zeppelin-Stiftung Co, provides technology for the automotive sector. It provides systems and automotive parts for various mobility products, including vehicles, yachts, and anything from motorbikes to construction machinery. The company offers front and rear axles, steering and braking systems, occupant safety systems, gearboxes and powertrain modules, and drive components. In 2021, new electronic parking brake technology from ZF was introduced; it offers enhanced functionality and quicker response times. The new technology is anticipated to contribute to a decrease in overall vehicle weight and complexity and is compatible with various electric and hybrid vehicles.

    Aisin Corp. (Aisin) produces, develops, and markets automotive components and goods for wellness, energy, and a healthy lifestyle. The company provides a variety of goods, such as drivetrain, engine-related goods, brake and chassis, aftermarket goods, sewing machines, mattresses, gas heat pump goods, housing and audio gear, cogeneration systems, and others. Additionally, the business processes fiber lasers. Aisin offers a comprehensive selection of products that roughly cover all vehicle components. In 2020, Aisin Seiki Co. Ltd introduced a novel electronic parking brake system for use in electric and hybrid automobiles.

    Compared to conventional hydraulic parking brake systems, the new system is more functional and effective, and it is made to work with various vehicle platforms.

    Key Companies in the Electric Parking Brake Market market include

    Industry Developments

    January 2024: The newly launched Punch.ev is now being delivered to car dealerships throughout India by Tata Motors.

    The overall design of the Punch.ev looks almost identical to that of the ICE version. But it does have a different front fascia which features a blanked-out grille and an LED light bar. The front bumper and headlamp setup is similar to the Nexon facelift.

    Tata Motors has also made some changes inside the car. The Punch.ev gets a floating touchscreen infotainment system and digital instrument cluster. It comes with a new air-conditioning module as well as a 2-spoke steering wheel that seems quite upmarket for a car this size. The vehicle also receives an electronic parking brake and sunroof.

    The Punch.ev is underpinned by Tata’s new ‘acti.ev’ platform. The fresh EV architecture supports AWD, RWD and FWD drivetrains and a 7.2 kW to 11 kW onboard charger for AC fast charging and DC fast charging up to 150 kW. The Indian automaker claims that its battery pack boasts an energy density 10% greater than before; depending on capacity it can offer between 300-600 km range.

    November 2023: ADVICS, famous for its brake system products, has announced electric parking brake (EPB) actuator kits in North America These kits are designed to clamp onto a vehicle’s caliper making it easier to apply the parking brake.

    Electric parking brakes have become common on modern cars because they let drivers put them on or take them off with just one button push EPBs are more convenient and efficient than traditional ones which required physical effort An actuator or motor gear unit (MGU) is key part of the EPB system — this DC motor generates braking force If it goes wrong there could be costly repairs involved ADVICS’s new product range presents users with high-quality aftermarket solutions made in Japan complete with all necessary installation hardware.

    Future Outlook

    Electric Parking Brake Market Future Outlook

    The Electric Parking Brake Market is projected to grow at a 17.32% CAGR from 2024 to 2035, driven by advancements in automotive technology and increasing demand for safety features.

    New opportunities lie in:

    • Invest in R&D for advanced sensor integration in electric parking brakes.
    • Expand partnerships with electric vehicle manufacturers for tailored solutions.
    • Leverage data analytics for predictive maintenance services in braking systems.

    By 2035, the Electric Parking Brake Market is expected to achieve substantial growth, reflecting evolving automotive trends.

    Market Segmentation

    Electric Parking Brake Regional Outlook (USD Billion, 2018-2032)

    North America
    • US
    • Canada

    Electric Parking Brake System Type Outlook (USD Billion, 2018-2032)

    • Cable Pull System
    • Electric-Hydraulic Caliper Systems

    Electric Parking Brake Vehicle Type Outlook (USD Billion, 2018-2032)

    • Light Commercial Vehicle
    • Passenger Vehicle
    • Heavy Commercial Vehicle

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 2.64 Billion
    Market Size 2024 USD 3.16 Billion
    Market Size 2032 USD 11.35 Billion
    Compound Annual Growth Rate (CAGR) 17.29% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered System Type, Vehicle Type, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), DURA Automotive Systems (US), TBK Co. Ltd. (Tokyo), Hyundai Mobis Co.Ltd. (South Korea), Küster Holding GmbH (Germany), Mando-Hella Electronics Corp. (South Korea), Svenska Kullagerfabriken AB (Sweden), ZF Friedrichshafen AG (Germany), Wuhu Bethel Automotive Safety Systems Co. Ltd (China) and Zhejiang Wanchao Electric Appliance Co. Ltd. (China)
    Key Market Opportunities Stringent environment regulations regarding road safetyIncreasing demand for fuel efficient vehicles
    Key Market Dynamics Increasing adoption of automated vehicle technologyIncreasing demand for driver assisted systems

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    How much is the electric parking brake market?

    The global electric parking brake market size was valued at USD 2.64 Billion in 2023.

    What is the growth rate of the electric parking brake market?

    The global market is projected to grow at a CAGR of 17.29% during the forecast period, 2024-2032.

    Which region held the largest market share in the electric parking brake market?

    North America had the largest share in the global market.

    Who are the key players in the electric parking brake market?

    The key players in the market are Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), DURA Automotive Systems (US), TBK Co. Ltd. (Tokyo), Hyundai Mobis Co.Ltd. (South Korea), Küster Holding GmbH (Germany), Mando-Hella Electronics Corp. (South Korea), Svenska Kullagerfabriken AB (Sweden), ZF Friedrichshafen AG (Germany), Wuhu Bethel Automotive Safety Systems Co. Ltd (China) and Zhejiang Wanchao Electric Appliance Co. Ltd. (China).

    Which system type led the electric parking brake market?

    The electric-hydraulic caliper systems category dominated the market in 2023.

    Which vehicle type had the largest market share in the electric parking brake market?

    The passenger vehicle category had the largest share in the global market.

    1. Executive Summary
    2. Scope of the Report
    3. Market Definition
      1. Scope of the Study
        1. Definition
        2. Research
    4. Objective
      1. Assumptions
        1. Limitations
      2. Research Process
        1. Primary Research
        2. Secondary Research
      3. Market size Estimation
      4. Forecast Model
    5. Market Landscape
      1. Porter’s Five Forces
    6. Analysis
      1. Threat of New Entrants
        1. Bargaining power of buyers
        2. Threat of substitutes
        3. Segment rivalry
        4. Bargaining Power
    7. of Buyers
      1. Value Chain/Supply Chain Analysis
    8. Market Dynamics
    9. Introduction
      1. Market Drivers
      2. Market Restraints
      3. Market
    10. Opportunities
      1. Market Trends
    11. Global Electric Parking Brake Market,
    12. By Type
      1. Introduction
      2. Electric-Hydraulic Caliper System
    13. Market Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast
    14. by Region, 2023-2032
      1. Cable-Pull System
        1. Market Estimates &
    15. Forecast, 2023-2032
      1. Market Estimates & Forecast by Region, 2023-2032
    16. Global Electric Parking Brake Market, By Sales Channel
      1. Introduction
      2. OEM
        1. Market Estimates & Forecast, 2023-2032
        2. Market
    17. Estimates & Forecast by Region, 2023-2032
      1. Aftermarket
        1. Market
    18. Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast by
    19. Region, 2023-2032
    20. Global Electric Parking Brake Market, By Component
    21. Introduction
      1. Electronic Control Unit (ECU)
        1. Market Estimates
    22. & Forecast, 2023-2032
      1. Market Estimates & Forecast by Region,
      2. Actuator
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates & Forecast by Region, 2023-2032
      3. Switch
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates &
    23. Forecast by Region, 2023-2032
    24. Global Electric Parking Brake Market, By Vehicle
    25. Type
      1. Introduction
      2. Passenger Car
        1. Market Estimates &
    26. Forecast, 2023-2032
      1. Market Estimates & Forecast by Region, 2023-2032
      2. Light Commercial Vehicle
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates & Forecast by Region, 2023-2032
      3. Heavy Commercial
    27. Vehicle
      1. Market Estimates & Forecast, 2023-2032
        1. Market
    28. Estimates & Forecast by Region, 2023-2032
    29. Global Electric Parking Brake
    30. Market, By Region
      1. Introduction
      2. North America
        1. Market
    31. Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast by
    32. Type, 2023-2032
      1. Market Estimates & Forecast by Sales Channel, 2023-2032
        1. Market Estimates & Forecast by Component, 2023-2032
        2. Market
    33. Estimates & Forecast by Vehicle Type, 2023-2032
      1. US
        1. Market
    34. Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast
    35. by Type, 2023-2032
      1. Market Estimates & Forecast by Sales Channel,
        1. Market Estimates & Forecast by Component, 2023-2032
    36. Canada
      1. Market Estimates & Forecast, 2023-2032
        1. Market
    37. Estimates & Forecast by Type, 2023-2032
      1. Market Estimates &
    38. Forecast by Sales Channel, 2023-2032
      1. Market Estimates & Forecast
    39. by Component, 2023-2032
      1. Market Estimates & Forecast by Vehicle
    40. Type, 2023-2032
      1. Europe
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates & Forecast by Type, 2023-2032
        3. Market Estimates
    41. & Forecast by Sales Channel, 2023-2032
      1. Market Estimates & Forecast
    42. by Component, 2023-2032
      1. Market Estimates & Forecast by Vehicle Type,
        1. UK
    43. Estimates & Forecast by Sales Channel, 2023-2032
      1. Market Estimates
    44. & Forecast by Component, 2023-2032
      1. Market Estimates & Forecast
    45. by Vehicle Type, 2023-2032
      1. Germany
        1. Market Estimates &
    46. Forecast, 2023-2032
      1. Market Estimates & Forecast by Type, 2023-2032
        1. Market Estimates & Forecast by Sales Channel, 2023-2032
    47. Market Estimates & Forecast by Component, 2023-2032
      1. Market Estimates
    48. & Forecast by Vehicle Type, 2023-2032
      1. France
        1. Market
    49. Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast
    50. by Type, 2023-2032
      1. Market Estimates & Forecast by Sales Channel,
        1. Market Estimates & Forecast by Component, 2023-2032
    51. Italy
      1. Market Estimates & Forecast, 2023-2032
        1. Market
    52. Estimates & Forecast by Type, 2023-2032
      1. Market Estimates &
    53. Forecast by Sales Channel, 2023-2032
      1. Market Estimates & Forecast
    54. by Component, 2023-2032
      1. Market Estimates & Forecast by Vehicle
    55. Type, 2023-2032
      1. Rest of Europe
        1. Market Estimates &
    56. Forecast, 2023-2032
      1. Market Estimates & Forecast by Type, 2023-2032
        1. Market Estimates & Forecast by Sales Channel, 2023-2032
    57. Market Estimates & Forecast by Component, 2023-2032
      1. Market Estimates
    58. & Forecast by Vehicle Type, 2023-2032
      1. Asia Pacific
        1. Market
    59. Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast by
    60. Type, 2023-2032
      1. Market Estimates & Forecast by Sales Channel, 2023-2032
        1. Market Estimates & Forecast by Component, 2023-2032
        2. Market
    61. Estimates & Forecast by Vehicle Type, 2023-2032
      1. China
    62. Market Estimates & Forecast, 2023-2032
      1. Market Estimates & Forecast
    63. by Type, 2023-2032
      1. Market Estimates & Forecast by Sales Channel,
        1. Market Estimates & Forecast by Component, 2023-2032
    64. Japan
      1. Market Estimates & Forecast, 2023-2032
        1. Market
    65. Estimates & Forecast by Type, 2023-2032
      1. Market Estimates &
    66. Forecast by Sales Channel, 2023-2032
      1. Market Estimates & Forecast
    67. by Component, 2023-2032
      1. Market Estimates & Forecast by Vehicle
    68. Type, 2023-2032
      1. India
        1. Market Estimates & Forecast, 2023-2032
    69. Estimates & Forecast by Sales Channel, 2023-2032
      1. Market Estimates
    70. & Forecast by Component 2023-2032
      1. Market Estimates & Forecast
    71. by Vehicle Type, 2023-2032
      1. Rest of Asia Pacific
        1. Market Estimates
    72. & Forecast, 2023-2032
      1. Market Estimates & Forecast by Type,
        1. Market Estimates & Forecast by Sales Channel, 2023-2032
    73. Estimates & Forecast by Vehicle Type, 2023-2032
      1. Rest of the World
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates &
    74. Forecast by Type, 2023-2032
      1. Market Estimates & Forecast by Sales
    75. Channel, 2023-2032
      1. Market Estimates & Forecast by Component, 2023-2032
        1. Market Estimates & Forecast by Vehicle Type, 2023-2032
    76. Competitive Landscape
    77. Company Profile
      1. Aisin Seiki Co., Ltd. (Japan)
    78. Company Overview
      1. Products/Services Offering
        1. Financial Overview
        2. Key Developments
        3. Strategy
        4. SWOT Analysis
    79. Continental AG (Germany)
      1. Company Overview
        1. Products/Services
    80. Offering
      1. Financial Overview
        1. Key Developments
    81. Strategy
      1. SWOT Analysis
      2. DURA Automotive Systems (US)
    82. Company Overview
      1. Products/Services Offering
        1. Financial Overview
        2. Key Developments
        3. Strategy
        4. SWOT Analysis
    83. TBK Co., Ltd. (Tokyo)
      1. Company Overview
        1. Products/Services
    84. Offering
      1. Financial Overview
        1. Key Developments
    85. Strategy
      1. SWOT Analysis
      2. Hyundai Mobis Co., Ltd. (South Korea)
        1. Company Overview
        2. Products/Services Offering
        3. Financial
    86. Overview
      1. Key Developments
        1. Strategy
        2. SWOT Analysis
      2. Küster Holding GmbH (Germany)
        1. Company Overview
    87. Products/Services Offering
      1. Financial Overview
        1. Key Developments
        2. Strategy
        3. SWOT Analysis
      2. Mando-Hella Electronics Corp.
    88. (South Korea)
      1. Company Overview
        1. Products/Services Offering
        2. Financial Overview
        3. Key Developments
        4. Strategy
        5. SWOT Analysis
      2. Svenska Kullagerfabriken AB (Sweden)
    89. Company Overview
      1. Products/Services Offering
        1. Financial Overview
        2. Key Developments
        3. Strategy
        4. SWOT Analysis
    90. ZF Friedrichshafen AG (Germany)
      1. Company Overview
        1. Products/Services
    91. Offering
      1. Financial Overview
        1. Key Developments
    92. Strategy
      1. SWOT Analysis
      2. Wuhu Bethel Automotive Safety Systems
    93. Co., Ltd (China)
      1. Company Overview
        1. Products/Services Offering
        2. Financial Overview
        3. Key Developments
        4. Strategy
        5. SWOT Analysis
      2. Zhejiang Wanchao Electric Appliance Co., Ltd.
    94. (China)
      1. Company Overview
        1. Products/Services Offering
        2. Financial Overview
        3. Key Developments
        4. Strategy
        5. SWOT Analysis
    95. Brake Market: By Region, 2023-2032
    96. Market: By Country, 2023-2032
    97. By Country, 2023-2032
    98. Country, 2023-2032
    99. Global Electric Parking Brake Market by Sales Channel Market: By Regions, 2023-2032
    100. Country, 2023-2032
    101. Channel: By Country, 2023-2032
    102. Sales Channel: By Country, 2023-2032
    103. Market by Component Market: By Regions, 2023-2032
    104. Parking Brake Market by Component: By Country, 2023-2032
    105. Parking Brake Market by Component: By Country, 2023-2032
    106. Electric Parking Brake Market by Component: By Country, 2023-2032
    107. RoW Electric Parking Brake Market by Component: By Country, 2023-2032
    108. Global Electric Parking Brake Market by Vehicle Type Market: By Regions, 2023-2032
    109. Country, 2023-2032
    110. Type: By Country, 2023-2032
    111. Type: By Country, 2023-2032
    112. By Region, 2023-2032
    113. North America Electric Parking Brake Market, By Country
    114. Electric Parking Brake Market, By Type
    115. Brake Market, By Sales Channel
    116. Market, By Component
    117. By Vehicle Type
    118. Electric Parking Brake Market, By Sales Channel
    119. Brake Market, By Component
    120. By Vehicle Type
    121. Pacific: Electric Parking Brake Market, By Sales Channel
    122. Electric Parking Brake Market, By Component
    123. Parking Brake Market, By Vehicle Type
    124. Market, By Region
    125. RoW Electric Parking Brake Market, By Sales Channel
    126. Parking Brake Market, By Component
    127. By Vehicle Type
    128. of MRFR
    129. restraints
    130. chain analysis
    131. (USD MILLION)
    132. Channel, 2020 (%)
    133. Channel, 2023-2032 (USD MILLION)
    134. SHARE, By Component, 2020 (%)
    135. By Component, 2023-2032 (USD MILLION)
    136. Market SHARE, By Vehicle Type, 2020 (%)
    137. Market, By Vehicle Type, 2023-2032 (USD MILLION
    138. Brake Market SHARE (%), BY REGION, 2020
    139. Market, BY REGION, 2023-2032 (USD MILLION)
    140. Parking Brake Market SHARE (%), 2020
    141. Brake Market BY Country, 2023-2032 (USD MILLION)
    142. Parking Brake Market SHARE (%), 2020
    143. Market BY Country, 2023-2032 (USD MILLION)
    144. Parking Brake Market SHARE (%), 2020
    145. Brake Market BY Country, 2023-2032 (USD MILLION)
    146. Electric Parking Brake Market SHARE (%), 2020
    147. Parking Brake Market BY Country, 2023-2032 (USD MILLION)

    Market Segmentation

    Electric Parking Brake System Type Outlook (USD Billion, 2018-2032)

    • Cable Pull System
    • Electric-Hydraulic Caliper Systems

    Electric Parking Brake Vehicle Type Outlook (USD Billion, 2018-2032)

    • Light Commercial Vehicle
    • Passenger Vehicle
    • Heavy Commercial Vehicle

    Electric Parking Brake Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • North America Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • North America Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • US Outlook (USD Billion, 2018-2032)

      • US Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • US Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • CANADA Outlook (USD Billion, 2018-2032)

      • CANADA Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • CANADA Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
    • Europe Outlook (USD Billion, 2018-2032)

      • Europe Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Europe Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Germany Outlook (USD Billion, 2018-2032)

      • Germany Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Germany Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • France Outlook (USD Billion, 2018-2032)

      • France Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • France Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • UK Outlook (USD Billion, 2018-2032)

      • UK Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • UK Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • ITALY Outlook (USD Billion, 2018-2032)

      • ITALY Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • ITALY Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • SPAIN Outlook (USD Billion, 2018-2032)

      • Spain Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Spain Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Rest Of Europe Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • REST OF EUROPE Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Asia-Pacific Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Asia-Pacific Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • China Outlook (USD Billion, 2018-2032)

      • China Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • China Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Japan Outlook (USD Billion, 2018-2032)

      • Japan Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Japan Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • India Outlook (USD Billion, 2018-2032)

      • India Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • India Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Australia Outlook (USD Billion, 2018-2032)

      • Australia Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Australia Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Rest of Asia-Pacific Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Rest of Asia-Pacific Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Rest of the World Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Rest of the World Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Middle East Outlook (USD Billion, 2018-2032)

      • Middle East Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Middle East Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Africa Outlook (USD Billion, 2018-2032)

      • Africa Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Africa Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
      • Latin America Outlook (USD Billion, 2018-2032)

      • Latin America Electric Parking Brake by System Type
        • Cable Pull System
        • Electric-Hydraulic Caliper Systems
      • Latin America Electric Parking Brake by Vehicle Type
        • Light Commercial Vehicle
        • Passenger Vehicle
        • Heavy Commercial Vehicle
    Electric Parking Brake Market Research Report - Global Industry Forecast to 2032 Infographic
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