City of Industry, CA -- (SBWire) -- 09/21/2018 --This study focuses on the production side and consumption side of Electric Parking Brake, presents the global Electric Parking Brake market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Electric Parking Brake capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Electric Parking Brake by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 Electric Parking Brake market was valued at 1650 Million US$ in 2017 and is projected to reach 5890 Million US$ by 2025, at a CAGR of 17.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Parking Brake.
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This report includes the following manufacturers; we can also add the other companies as you want.
TRW
KUSTER
Continental
DURA
AISIN
Mando
SKF
Hyundai Mobis
Wuhu Bethel
APG
Market Segment by Product Type
Electric-hydraulic Caliper Systems
Cable-pull Systems
Market Segment by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Electric Parking Brake Industry Is Presumed to Grow at a CAGR of 17.2% During Forecast Period, 2018-2025 - QY Research
The Electric Parking Brake Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.