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Analysis of the Chinese Market for Electric Parking Brakes

  • September 2014
  • 69 pages
  • Frost & Sullivan
Report ID: 2363246

Summary

Table of Contents

Two Key Non-Asian OEMs to Hold More Than Half of EPB Revenue in 2021

Original Equipment Manufacturers (OEMs) are working towards providing more comfort and convenience to consumers through innovative products that offer improved safety and enhanced reliability. The Electric Parking Brake (EPB) has been a success since its launch in developed markets. It has witnessed increasing preference even in emerging markets (e.g., China); the Chinese consumer is now interested in options that were once limited to developed markets. This research service is based on secondary and primary research data collected from suppliers of EPB systems, and OEMs active in the Chinese market. This study also includes market trends and OEM preferences of EPB technology, and key conclusions, future outlook, and predictions.

Research Aims and Objectives

Aim
The aim of this study is to research, analyze, and forecast the EPB market of key OEMs, as well as its effects on their growth and performance in China.

Objectives
-Provide a strategic overview of EPB technologies in the passenger vehicle market, including key trends, market drivers and restraints, and adoption goals.
-Provide market direction of the EPB technologies in the passenger vehicle space by OEM, by segment and by type from 2014 to 2021.
-Provide future focus areas for growth.
-Develop an actionable set of recommendations.

Key Questions This Study Will Answer
Which vehicle segments are likely to grow and which segments are likely to offer EPB in the long term?
How will the penetration rate of EPBs in passenger vehicle change over time and which traditional Chinese OEM is likely to be the early adopter?
Do OEMs prefer dedicated or integrated ECU solution for EPB in China?
What are the factors that will drive and restrain the growth of EPBs in passenger vehicles in China?
What is the preferred EPB technology for the various passenger vehicle OEM groups active in China?
Electric Parking Brakes Market: Key Questions This Study Will Answer, China, 2013–2021

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