This report studies the Electric Parking Brake market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Electric parking brake (EPB) is a substitute of traditional handbrake. Electric parking brake eliminates the need for a parking brake lever or pedal and improves vehicle styling, space management and crashworthiness. It's a lot easier for automakers to design their interiors and to add new features and options.
Europe is the largest supply area of electric parking brake, the production market share of Europe was 35% in 2015. North America is the second supply area with the production market share of 29%.
Europe is the biggest consumption area of electric parking brake, the consumption of Europe was more than 4300 K units in 2015 with the consumption market share of 44%. North America is the second consumption area with the consumption market share of 33% in 2015.
Market competition is not intense. The top 5 manufacturers occupied the global production market share of 80%. TRW, KUSTER, Continental, DURA, AISIN are the leaders of the industry. With the key technologies and patents, they formed the global market channel of the industry.
The electric parking brake is developing in recent years, and it has a huge demand in the future market.
The global Electric Parking Brake market was 1650 million US$ in 2017 and is expected to 5890 million US$ by the end of 2025, growing at a CAGR of 17.2% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Parking Brake in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
Electric-hydraulic Caliper Systems
By the end users/application, this report covers the following segments
Light Commercial Vehicles
Heavy Commercial Vehicles
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Electric Parking Brake market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Electric Parking Brake market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Electric Parking Brake manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Parking Brake with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Electric Parking Brake submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Electric Parking Brake are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Parking Brake market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Electric Parking Brake market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.