Extensive evaluation of Global Electric Parking Brake System Market 2019-2026, underscoring product values, growing demand, considerable revenue, and escalating CAGR.
The global Electric Parking Brake System Market 2019 is comprehensively and Insightful information in the report, taking into consideration various factors such as competition, regional growth, segmentation, and Electric Parking Brake System Market size by value and volume. This is an excellent research study specially compiled to provide the latest insights into critical aspects of the Electric Parking Brake System market. The report includes different market forecasts related to market size, production, revenue, consumption, CAGR, gross margin, price, and other key factors. It is prepared with the use of industry-best primary and secondary research methodologies and tools.
In this report,global Electric Parking Brake System Market will reach 10.26 Billion USD by the end of 2022 with a CAGR of 11.86%
The global Electric Parking Brake System market is valued at 5.86 Billion USD in 2017 and will reach 10.26 Billion USD by the end of 2022, growing at a CAGR of 11.86% during 2017-2022.
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.
Electric Parking Brake System can be divided into two categories--Caliper Integrated EPB and Cable Puller EPB. Caliper Integrated EPB production market share accounted for the highest proportion, with a figure of 85.58% in 2017, Cable Puller EPB account for 14.42%.
The sales market share of global Electric Parking Brake System in sedans use, SUVs use and other vehicles use have been stable year by year, at 68.96%, 24.54% and 6.50% respectively in 2017. This indicates that the segment of the Electric Parking Brake System in the global market tends to be fixed without great changes. Among them, the Electric Parking Brake System market has the most promising sales prospects in Sedans use.
AMR center data shows that Europe is the biggest contributor to the Electric Parking Brake System revenue market, accounted for 42.30% of the total global market with a revenue of 2.48 Billion USD in 2017, followed by North America, 32.75% with a revenue of 1.92 Billion USD.
ZF TRW is the largest company in the global Electric Parking Brake System market, accounted for 67.47% of the revenue market share in 2017, followed by Continental and Zhejiang Libang Hexin, accounted for 19.76% and 2.92% of the revenue market share in 2017. 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.
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Top Companies Covered in the report: ZF TRW, Continental, Küster, Dura, Mando, AISIN, Hyundai Mobis, Zhejiang Libang Hexin, Wuhu Bethel.
By the product type, the market is primarily split into: Caliper Integrated EPB, Cable Puller EPB
By the end-users/application, this report covers the following segments: Sedans, SUVs, Others
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Be the Santa of your Happy Business!The main sources are mainly industry experts in the core and related industries and manufacturers involved in all sectors of the industry supply chain. The bottom-up approach is used to plan the market size of Electric Parking Brake System based on the end-user industry and region in terms of value. With the help of data, we support the primary market through the three-dimensional survey procedure and the first interview and data verification through expert telephone, determine the individual market share and size and confirm with this study.
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Regions covered in the market report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The Objective of the Study:
1)To study and forecast the market size of Electric Parking Brake System in Global
2)To analyze the global key players, SWOT analysis, value and Global Electric Parking Brake System Market share for top players.
3)To identify significant trends and factors driving or constraining the growth of the market.
4)To analyze competitive developments such as extensions, contracts, new product launches, mergers, and acquisitions in the market
5)To strategically analyze each sub-market in regards to the individual growth trends and their influence in the Electric Parking Brake System Market.
Some of the major questions are answered:
1)What are the different types of Electric Parking Brake System Market?
2)What are the market trends and major development patterns equipment’s and products?
3)Who are the key industry pioneers and what is their overall share in the global Electric Parking Brake System Market?
4)What are the multiple used case scenarios considered under various end-users and applications for the market?
5)What are the different sales, marketing, and distribution channels in the global industry?
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Our experts and analysts evaluate the vendors in the Electric Parking Brake System market and provide understandings to articulate current and future market trends, innovation, customer expectations and competitive forces. The overviews, SWOT analysis and strategies of each vendor in the market provide understanding about the Electric Parking Brake System market forces and how those can be oppressed to create future opportunities.
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