Global Electric Parking Brake Market 2019 Trends, Growth, Size

13/mag/2019 16:22:03 vaibhav hulsure Contatta l'autore

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Electric Parking Break Market Global Industry Report published by Market Research Future. Report provides Global Electric Parking Break Market Analysis By Size, Share, Growth, Trends, Emerging Technology, Top Key Players, Regional Forecast To 2023

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Electric Parking Break Market Research Report 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 2023

Electric Parking Break Market Overview:

The factors that are responsible for the growth of electric parking brake market are stringent environment regulations regarding road safety, increasing adoption of automated vehicle technology and increasing demand for driver assisted systems, increasing demand for fuel efficient vehicles, and among others. The key driver which drives the growth of the market is increasing adoption of electric parking brake in the vehicles due to reduced weight and convenient as compare to other mechanically operated brakes which further improves the fuel economy and reduced emissions.

The use of electronic control unit (ECU) allows integration of other electric components such as rear camera in the vehicle which further increases the growth of electric parking brake market. Increasing demand for safety, comfort, convenience increases the demand for electric parking brake market. However, high cost of electric parking brake and lack of skilled technician staff hinders the growth of the market.      

Key Players in Electric Parking Break Market:

The key players in electric parking brake 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), and Mando-Hella Electronics Corp. (South Korea), Svenska Kullagerfabriken AB (Sweden), ZF Friedrichshafen AG (Germany), Wuhu Bethel Automotive Safety Systems Co., Ltd (China), Zhejiang Wanchao Electric Appliance Co., Ltd. (China) are among others.

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Electric Parking Break Market Segmentation:

On the basis of region, the market is segmented based on North America, Asia-Pacific, Europe, and Rest of the World.

North America is expected to dominate the market in future due to increase in adoption of electric parking brake in the vehicles. Also, in Mexico there is increasing number of auto ancillary production companies which supplies electric parking brake market.   

The increase in sales of vehicles in the US will result in the growth of electric parking brake market in future.

Scope of the Report:

The report for Global electric parking brake system Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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