Electric Parking Brake Market Analysis Report published by Value Market Research gives a detailed account of the fastest-growing region and the top players' market share. The study also explores the market size, industry trends, market share and latest strategic developments in the past few years. The report also sites the latest growth opportunities in the upcoming years.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric parking brake market include ZF Friedrichshafen AG, Continental AG, SKF, Electric Mobility Controls, Toshiba Electronic Devices, Storage Corporation, Allegro Micro Systems, LLC, Aisin Seiki Co., and Wabco. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

Demand for the electric parking brake is growing due to a growing focus on enhancing the safety of light commercial and heavy commercial vehicles and advancements in modern automotive engineering. The automotive industry has witnessed an increasing demand for electric parking brakes due to spurring trend of lightweight and comfortable vehicles and growing awareness about the advantages and featured of EPB. Electric brake systems facilitate the reduction of power consumption as well as vehicle weight. Diversification of product portfolio through R&D activities along with company M&A are specific key strategies being adopted by the key players to strengthen their foothold market. Electric parking brake manufacturers are collaborating with automotive manufacturers and focusing on developing electric parking brake systems.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric parking brake. The growth and trends of electric parking brake industry provide a holistic approach to this study.

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Market Segmentation

This section of the electric parking brake market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product Type

Electric-Hydraulic Caliper Systems
Cable-Pull Systems

By Vehicle Type

Passenger Cars
Light Commercial Vehicles (Lcvs)
Heavy Commercial Vehicles (Hcvs)

By Sales Channel

OEMS
Aftermarket

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Electric Parking Brake market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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Electric Parking Brake Market Dynamics & Forecast Report to 2028