Global (AMER, APAC, BRICS and EMEA) Electric Parking Brake System Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Electric Parking Brake System Market



Electric parking brake 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. 
With the fast increase of automobile production, the electric parking brake market will develop fast in next years. The prospect of electric parking brake industry is good. The growth rate of European automobile production may be low, but the high penetration of electric parking brake keeps it as large market demand. The fast growing rate of automotive electric parking brake system makes it more common for general cars, not only belong to luxury cars. 

In the next years, the growth rate of Chinese automobile production will be higher than other regions. Almost all of top electric parking brake manufacturers have built plants in China and they have occupied large share of electric parking brake market. 

There is large technical gap between electric parking brakes produced by Chinese manufacturers and foreign manufacturers. To expand the market share, these domestic manufacturers must invest more money and time on research and development. 

As the policies published by Chinese government support domestic electric parking brake industry, both the foreign manufacturers and domestic manufacturers can get some favorable condition. The number of new competitors may be more and some may prefer to cooperate with foreign manufacturers to maximize the advantages of both sides. 

The market share of traditional brake is still large and the complete replacement of traditional brake still need a long time. Correspondingly, new brake technologies may appear in the future. 

In 2019, the market size of Electric Parking Brake System is 6520.8 million US$ and it will reach 13800 million US$ in 2025, growing at a CAGR of 11.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. 

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Parking Brake System.  

This report studies the global market size of Electric Parking Brake System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). 
This study presents the Electric Parking Brake System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. 
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 



Market Segmentation, Outlook & Regional Insights: Electric Parking Brake System Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

    Caliper Integrated EPB
    Cable Puller EPB



Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

    Sedans
    SUVs
    Others



Key Players, Recent Developments & Sector Viewpoints: Electric Parking Brake System Market
 
    ZF TRW
    Continental
    Küster
    Dura
    Mando
    AISIN
    Hyundai Mobis
    Zhejiang Libang Hexin
    Wuhu Bethel



Key Insights Covered: Exhaustive Electric Parking Brake System Market
1.  Market size (sales, revenue and growth rate) of Electric Parking Brake System industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Electric Parking Brake System industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Electric Parking Brake System industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Electric Parking Brake System industry.

Research Methodology: Electric Parking Brake System Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.