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- Market Size numbers with existing Pre-COVID scenario compared with Post COVID scenario
- Forecasts predicted based on post-COVID scenario
- Trends, drivers and challenges including impacts of COVID scenario
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About electric parking brake (EPB)
EPB is the innovation for the
premium vehicle segment electronic systems. It is used in passenger cars and replaces the conventional handbrake with a push button on the instrument panel. This, in turn, creates more space between the front seats and dashboard. As EPB replaces the conventional hydraulic parking brake with a compact electronic system, it reduces the gross weight compared to the traditional mechanical parking brake. Thereby, enhancing drivers comfort, safety, and convenience.
In EPB, the electronic system controls the actuators, which are integrated into the wheel brakes. EPB also offers automatic assistance functions to ensure safety of both the passengers and pedestrians.
Technavio's analysts forecast the global electric parking brake market to grow at a CAGR of 8.01% over the period 2014-2019.
Covered in this report The report covers the current scenario and the growth prospects of the global electric parking brake market for the period of 2015-2019. To calculate the market size, we considered the production units of EPB in the market by OEMs.
The market is divided into the following segments based on function:
- Auto hold function
- Dynamic automatic brake release function
Technavio's report, Global Electric Parking Brake Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers EMEA, APAC, and the Americas; it also covers the landscape of the global electric parking brake market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions
- Americas
- APAC
- EMEA
Key Vendors
- Aisin Seiki
- Continental
- ZF TRW
Other prominent vendors
- Advics
- DURA Automotive Systems
- Hyundai Mobis
- KUSTER Automotive Control Systems
- SKF
Market driver
- Demand for safety, comfort, and convenience
- For a full, detailed list, view our report
Market challenge
- Inconsistency in the placement of the system
- For a full, detailed list, view our report
Market trend
- Integration with safety systems
- For a full, detailed list, view our report
Key Questions Answered in this Report- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?