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    US Electric Parking Brake Market

    ID: MRFR/AM/13544-HCR
    100 Pages
    Sejal Akre
    October 2025

    US Electric Parking Brake Market Research Report By System Type (Cable Pull System, Electric-Hydraulic Caliper Systems) and By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle, Heavy Commercial Vehicle) - Forecast to 2035

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    US Electric Parking Brake Market Infographic
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    US Electric Parking Brake Market Summary

    As per MRFR analysis, the US electric parking-brake market size was estimated at 505.6 USD Million in 2024. The US electric parking-brake market is projected to grow from 529.46 USD Million in 2025 to 840.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.72% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US electric parking-brake market is experiencing robust growth driven by technological advancements and increasing adoption in electric vehicles.

    • The largest segment in the US electric parking-brake market is the passenger vehicle segment, which continues to dominate due to rising consumer demand.
    • The fastest-growing segment is anticipated to be the electric vehicle segment, reflecting a shift towards eco-friendly transportation solutions.
    • Technological advancements in smart vehicle technologies are enhancing the functionality and appeal of electric parking brakes.
    • Key market drivers include the rising demand for advanced safety features and government regulations promoting safety standards.

    Market Size & Forecast

    2024 Market Size 505.6 (USD Million)
    2035 Market Size 840.0 (USD Million)

    Major Players

    Bosch (DE), Continental (DE), Denso (JP), ZF Friedrichshafen (DE), Aisin Seiki (JP), Mando Corporation (KR), Nissin Kogyo (JP), Hitachi Astemo (JP)

    US Electric Parking Brake Market Trends

    the electric parking-brake market is undergoing a notable transformation, driven by advancements in automotive technology and increasing consumer demand for enhanced safety features. As vehicles become more sophisticated, the integration of electric parking brakes is seen as a pivotal development. This shift not only improves vehicle performance but also aligns with the growing trend towards automation in the automotive sector. Furthermore, regulatory frameworks are evolving, encouraging manufacturers to adopt innovative braking systems that contribute to overall vehicle efficiency and safety. In addition, the electric parking-brake market is influenced by the rising emphasis on sustainability and environmental considerations. As automakers strive to reduce their carbon footprint, electric parking brakes offer a more eco-friendly alternative compared to traditional mechanical systems. This transition is further supported by government initiatives aimed at promoting electric vehicles and reducing emissions. Consequently, the market is poised for growth as manufacturers and consumers alike recognize the benefits of adopting electric parking brake technology.

    Increased Adoption in Electric Vehicles

    The electric parking-brake market is witnessing a surge in adoption, particularly within electric vehicles. This trend is driven by the need for efficient space utilization and enhanced safety features. As electric vehicles gain popularity, manufacturers are increasingly integrating electric parking brakes to meet consumer expectations and regulatory standards.

    Technological Advancements

    Recent technological advancements are significantly shaping the electric parking-brake market. Innovations in sensor technology and control systems are enhancing the functionality and reliability of electric parking brakes. These developments are likely to improve user experience and vehicle performance, making electric parking brakes more appealing to manufacturers.

    Regulatory Support and Incentives

    the electric parking-brake market benefits from supportive regulations and incentives promoting advanced braking systems.. Government policies are encouraging manufacturers to adopt electric parking brakes as part of broader initiatives to enhance vehicle safety and reduce environmental impact. This regulatory support is expected to drive market growth.

    US Electric Parking Brake Market Drivers

    Integration of Smart Vehicle Technologies

    the electric parking-brake market is driven by the integration of smart vehicle technologies.. As vehicles become increasingly connected, the demand for advanced braking systems that can communicate with other vehicle components is on the rise. Electric parking brakes are well-suited for integration with smart technologies, allowing for features such as automatic engagement and disengagement based on driving conditions. In the US, the market for connected vehicles is expected to reach $100 billion by 2026, highlighting the potential for electric parking brakes to play a crucial role in this evolution. This integration not only enhances vehicle performance but also positions the electric parking-brake market for substantial growth.

    Rising Demand for Advanced Safety Features

    the electric parking-brake market is seeing a surge in demand for advanced safety features in vehicles.. As consumers become increasingly aware of the importance of safety, manufacturers are integrating electric parking brakes to enhance vehicle stability and control. This trend is particularly evident in the US, where the National Highway Traffic Safety Administration (NHTSA) has reported a growing emphasis on safety technologies. The integration of electric parking brakes not only improves safety but also aligns with consumer preferences for modern vehicle features. In 2025, it is estimated that vehicles equipped with advanced safety systems, including electric parking brakes, will account for over 30% of new car sales in the US, further driving the electric parking-brake market.

    Shift Towards Autonomous Driving Technologies

    the electric parking-brake market is set for growth due to the shift towards autonomous driving technologies.. As automotive manufacturers invest heavily in self-driving capabilities, the need for reliable and efficient braking systems becomes paramount. Electric parking brakes are increasingly being integrated into autonomous vehicles to ensure seamless operation and enhanced safety. The US market is witnessing significant investments in autonomous vehicle development, with projections indicating that the market for autonomous vehicles could reach $60 billion by 2030. This shift not only supports the electric parking-brake market but also encourages innovation in braking technologies, as manufacturers seek to meet the demands of autonomous driving.

    Consumer Preference for Eco-Friendly Solutions

    the electric parking-brake market benefits from a growing consumer preference for eco-friendly solutions.. As environmental awareness rises, consumers are gravitating towards vehicles that incorporate sustainable technologies. Electric parking brakes, which contribute to reduced vehicle weight and improved energy efficiency, align with this trend. In the US, the market for eco-friendly vehicles is projected to grow at a CAGR of 15% through 2027, indicating a strong shift towards sustainable automotive solutions. This consumer behavior not only drives the adoption of electric parking brakes but also encourages manufacturers to innovate and develop more environmentally friendly braking systems, thereby enhancing the electric parking-brake market.

    Government Regulations Promoting Safety Standards

    the electric parking-brake market is shaped by government regulations promoting enhanced safety standards.. Regulatory bodies in the US are increasingly mandating the inclusion of advanced braking systems in new vehicles to improve overall safety. These regulations are likely to drive the adoption of electric parking brakes, as they offer superior performance compared to traditional systems. The National Highway Traffic Safety Administration has proposed new safety standards that could require electric parking brakes in certain vehicle categories by 2027. This regulatory push not only supports the electric parking-brake market but also encourages manufacturers to prioritize safety in their designs.

    Market Segment Insights

    By System Type: Cable Pull System (Largest) vs. Electric-Hydraulic Caliper Systems (Fastest-Growing)

    The US electric parking-brake market exhibits significant diversity in its system types, with Cable Pull Systems commanding the largest market share. This traditional technology has established itself as a reliable solution favored by consumers and manufacturers due to its simplicity and cost-effectiveness. In contrast, Electric-Hydraulic Caliper Systems, although currently holding a smaller share, are rapidly gaining traction in the market thanks to their advanced performance and efficiency features. The growth trends in the segment are driven by increasing safety regulations and consumer demand for enhanced vehicle features. Particularly, Electric-Hydraulic Caliper Systems are emerging as a preferred choice in modern electric and hybrid vehicles. Their ability to integrate with advanced driver-assistance systems (ADAS) is propelling their market penetration. The transition towards sustainable automotive technologies also supports the rising adoption of these advanced systems in the US electric parking-brake market.

    Cable Pull System (Dominant) vs. Electric-Hydraulic Caliper Systems (Emerging)

    Cable Pull Systems dominate the market due to their established presence and wide acceptance among manufacturers and consumers for basic functionality and reliability. These systems are mechanically operated, offering a straightforward and cost-efficient solution for electric parking brakes. Conversely, Electric-Hydraulic Caliper Systems present a more emerging solution, leveraging hydraulic mechanisms to offer superior braking performance and responsiveness. These systems are becoming increasingly popular in higher-end vehicles and applications requiring precise control, significantly influencing the technological evolution in the US electric parking-brake market.

    By Vehicle Type: Passenger Vehicle (Largest) vs. Light Commercial Vehicle (Fastest-Growing)

    In the US electric parking-brake market, the distribution of market share is primarily dominated by passenger vehicles, which account for a significant portion of the overall market. This segment benefits from the increasing consumer preference for electric vehicles (EVs), as major automotive manufacturers are shifting their focus toward electric alternatives. On the other hand, light commercial vehicles are on the rise, capturing an expanding share as businesses adopt electric solutions for their fleets, driven by regulatory support and sustainability goals. The growth trends in this segment are heavily influenced by technological advancements and an increasing emphasis on eco-friendly solutions. The shift to electric vehicles not only meets consumer demand for sustainability but also aligns with government initiatives encouraging the adoption of EVs. Additionally, the rapid advancement in battery technologies is contributing to the expanding range of electric vehicles, further motivating the growth of both passenger and light commercial vehicle segments in the electric parking-brake market.

    Passenger Vehicle (Dominant) vs. Light Commercial Vehicle (Emerging)

    Passenger vehicles are currently the dominant segment in the market, largely due to a strong consumer inclination toward electric cars and robust investments by automakers in electric vehicle platforms. These vehicles offer a broad range of options that appeal to the electric vehicle market segment, contributing to widespread adoption. In contrast, light commercial vehicles are emerging rapidly, fueled by a surge in urban freight operations and last-mile delivery solutions seeking electric options. Businesses are increasingly recognizing the economic advantages of transitioning their fleets to electric vehicles, making light commercial vehicles a crucial segment to watch as they experience accelerated growth tied to regulation and sustainability initiatives.

    Get more detailed insights about US Electric Parking Brake Market

    Key Players and Competitive Insights

    The electric parking-brake market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for vehicle automation. Key players such as Bosch (DE), Continental (DE), and Denso (JP) are strategically positioned to leverage innovation and partnerships to enhance their market presence. Bosch (DE) focuses on integrating advanced driver-assistance systems (ADAS) with electric parking-brake technology, thereby enhancing vehicle safety and user experience. Meanwhile, Continental (DE) emphasizes regional expansion and digital transformation, aiming to optimize its product offerings through smart manufacturing processes. Denso (JP) appears to be concentrating on sustainability initiatives, aligning its operations with the growing trend towards eco-friendly automotive solutions, which collectively shapes a competitive environment that is increasingly focused on technological integration and sustainability.

    In terms of business tactics, companies are localizing manufacturing to reduce costs and improve supply chain efficiency. The market structure is moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, while larger corporations consolidate their market share through strategic acquisitions and partnerships. The collective influence of these key players fosters a competitive atmosphere where innovation and operational efficiency are paramount.

    In October 2025, Bosch (DE) announced a partnership with a leading electric vehicle manufacturer to develop next-generation electric parking-brake systems that integrate seamlessly with autonomous driving technologies. This strategic move is likely to enhance Bosch's competitive edge by positioning it at the forefront of the rapidly evolving electric vehicle market, where integration of advanced braking systems is crucial for safety and performance.

    In September 2025, Continental (DE) unveiled a new manufacturing facility in the U.S. dedicated to electric parking-brake production, which is expected to increase its output capacity by 30%. This expansion not only signifies Continental's commitment to meeting rising demand but also reflects a strategic shift towards localized production, which may enhance supply chain reliability and reduce lead times for customers.

    In August 2025, Denso (JP) launched a new line of electric parking-brake systems designed specifically for hybrid vehicles, emphasizing energy efficiency and reduced weight. This initiative aligns with the growing trend towards hybridization in the automotive sector, suggesting that Denso is strategically positioning itself to capture a larger share of the hybrid vehicle market, which is anticipated to grow significantly in the coming years.

    As of November 2025, current trends in the electric parking-brake market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence (AI) into automotive systems. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and enhancing product offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, indicating that future competitive differentiation will likely hinge on the ability to innovate and adapt to evolving consumer preferences.

    Key Companies in the US Electric Parking Brake Market market include

    Industry Developments

    Recent developments in the US Electric Parking Brake Market reflect a growing emphasis on technological advancements and safety features in the automotive sector. Companies such as Aisin Seiki, ZF Friedrichshafen, and Continental are innovating with electric parking brake systems that enhance vehicle performance and ensure compliance with stringent safety regulations. Notably, in July 2023, ZF Friedrichshafen completed the acquisition of a key technology firm, reinforcing its market position and expanding its electric parking brake offerings.

    In addition, partnerships between manufacturers like Hitachi Astemo and Brembo have emerged, focusing on integrating smart technologies in braking systems, which further indicates a shift towards automation and improved user experience.

    The market has witnessed steady growth, bolstered by increased consumer demand for electric vehicles, leading to an expected valuation upswing. The expansion of charging infrastructure and heightened awareness of environmental sustainability are also contributing to this market growth. Key players, including Robert Bosch and Denso Corporation, continue to invest in Research and Development to cater to evolving market expectations and regulatory requirements, highlighting the dynamic landscape of the US Electric Parking Brake Market.

    Future Outlook

    US Electric Parking Brake Market Future Outlook

    The electric parking-brake market is projected to grow at a 4.72% CAGR from 2024 to 2035, driven by advancements in automotive technology and increasing safety regulations.

    New opportunities lie in:

    • Integration of electric parking-brakes in autonomous vehicle systems.
    • Development of retrofit solutions for existing vehicle models.
    • Partnerships with OEMs for customized electric parking-brake solutions.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic partnerships.

    Market Segmentation

    US Electric Parking Brake Market System Type Outlook

    • Cable Pull System
    • Electric-Hydraulic Caliper Systems

    US Electric Parking Brake Market Vehicle Type Outlook

    • Light Commercial Vehicle
    • Passenger Vehicle
    • Heavy Commercial Vehicle

    Report Scope

    MARKET SIZE 2024 505.6(USD Million)
    MARKET SIZE 2025 529.46(USD Million)
    MARKET SIZE 2035 840.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.72% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Bosch (DE), Continental (DE), Denso (JP), ZF Friedrichshafen (DE), Aisin Seiki (JP), Mando Corporation (KR), Nissin Kogyo (JP), Hitachi Astemo (JP)
    Segments Covered System Type, Vehicle Type
    Key Market Opportunities Integration of advanced driver-assistance systems enhances demand for electric parking-brake market solutions.
    Key Market Dynamics Rising demand for advanced safety features drives innovation in electric parking-brake technology and regulatory compliance.
    Countries Covered US

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    FAQs

    What is the projected market size of the US Electric Parking Brake Market in 2024?

    The US Electric Parking Brake Market is expected to be valued at 455.0 million USD in 2024.

    What is the expected market size for the US Electric Parking Brake Market by 2035?

    By 2035, the US Electric Parking Brake Market is projected to reach a value of 3,784.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Electric Parking Brake Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 21.236% from 2025 to 2035.

    Which segment of the US Electric Parking Brake Market is expected to have the largest value by 2035?

    The Electric-Hydraulic Caliper Systems segment is expected to reach a value of 2,524.0 million USD by 2035.

    What is the market value for the Cable Pull System in the US Electric Parking Brake Market in 2024?

    In 2024, the Cable Pull System segment is expected to be valued at 150.0 million USD.

    Who are the key players in the US Electric Parking Brake Market?

    Major players in the market include Aisin Seiki, ZF Friedrichshafen, Haldex, and Continental among others.

    What are the key growth drivers for the US Electric Parking Brake Market?

    Increasing demand for advanced vehicle technology and safety features are primary growth drivers for the market.

    What challenges might the US Electric Parking Brake Market face in the coming years?

    Challenges may include high manufacturing costs and the need for regulatory compliance in safety standards.

    What opportunities exist for growth in the US Electric Parking Brake Market?

    There are opportunities in the development of innovative braking systems and integration with electric vehicle technologies.

    How is the current global economic scenario impacting the US Electric Parking Brake Market?

    The global economic scenario may affect supply chains and material costs, thus impacting the overall market dynamics.

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