Summary
The electronic parking brake (EPB) system market is estimated to be USD 2.51 billion in 2025 and is projected to reach USD 4.70 billion by 2032 at a CAGR of 9.4% from 2025 to 2032. The growing adoption of ADAS features such as automated parking assist, autonomous emergency braking, and hill-start assist is driving the EPB market, as the integration of electronic parking brakes with these systems enables seamless electronic control, enhances safety automation, and supports the shift toward higher vehicle autonomy. The adoption of brake-by-wire technology is accelerating as it enables precise electronic control, reduces mechanical complexity, and enhances safety features such as automatic hold and emergency braking.
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Additionally, innovations such as lightweight caliper designs, smart diagnostics, and over-the-air software updates are enhancing reliability and reducing maintenance, making EPBs a preferred choice for OEMs. The increasing demand for mid-sized and premium vehicles with higher levels of automation, coupled with regulatory pushes for improved safety and energy efficiency, ensures that advanced EPB technologies continue to expand their market footprint.
“The Entry-level vehicle segment is projected to grow at a higher CAGR during the forecast period.”
The entry-level (A&B) segment is projected to grow at a higher CAGR during the forecast period. In the entry-level segment, the adoption of EPB is being driven by OEMs’ efforts to offer advanced safety and comfort features to compact cars without significantly raising costs. Manufacturers like Hyundai with the i20, Kia with the Sonet, Volkswagen with the Polo, BYD with the Dolphin, BMW with the 1 Series, Ford with the Focus, and EV models such as the Hyundai Kona Electric and Volkswagen ID.3 have begun introducing EPB in select trims to appeal to young urban buyers who expect modern technology even in affordable cars. The move toward platform standardization, as seen in Renault-Nissan’s CMF-A and Hyundai-Kia’s K2 platforms, allows EPB modules to be shared across multiple compact models, reducing system cost. In addition, stricter safety regulations in Europe and Asia are compelling OEMs to include EPB in small hatchbacks and entry sedans to comply with requirements for hill-start assist and integration with electronic stability programs. This combination of regulatory push, consumer demand for convenience, and OEM platform-sharing strategies is accelerating EPB penetration in the entry-level class.
“Brake-by-Wire system will grow at a higher CAGR during the forecast period.”
The adoption of brake-by-wire (BBW) electronic parking brakes is driven by the automotive sector’s push for vehicle production, weight reduction, and integration with advanced driver-assistance systems (ADAS). BBW EPBs eliminate mechanical linkages, enabling faster, more precise braking control and smoother integration with autonomous driving and regenerative braking systems. OEMs are increasingly deploying BBW in premium and electric vehicles to optimize cabin space, reduce component wear, and enhance safety features such as automatic hold and hill-start assist. For instance, in April 2025, Nexteer Automotive launches its Electro-Mechanical Brake system, an advanced Brake-by-Wire (BBW) solution that enhances safety, comfort, serviceability, and supports software-defined chassis integration. The company leveraged its technology building blocks to create a modular, high-precision braking system and strategically expand into “Motion-by-Wire” chassis control. In March 2025, ZF Friedrichshafen and Brembo planned to introduce a brake-by-wire system, replacing traditional hydraulic brakes with electronic components. These systems promise improved safety, faster response times, and reduced maintenance. Such developments are projected to drive the market during the forecast period.
“India is projected to grow at a high CAGR in the Asia Pacific electronic parking brake system market.”
India is projected to grow at a high CAGR in the Asia Pacific EPB market as domestic OEMs accelerate the integration of electronic parking brakes into mid-size SUVs and EVs to meet evolving safety norms. The government’s Bharat NCAP crash safety framework and increasing alignment with global safety standards are compelling automakers like Tata Motors, Mahindra & Mahindra, and Hyundai India to adopt advanced braking technologies beyond conventional systems. Additionally, companies in the region are pursuing strategic development, such as in June 2024, ADVICS signed a joint venture agreement with Brakes India Pvt. Ltd., to produce and localize advanced braking products in India, with production slated for around 2027. Also, in July 2025, ZF Group started the production of its EPB in India, marking the first time this technology is being produced locally for a passenger vehicle. The EPB will be supplied to a passenger car OEM for its newly launched electric vehicle. Further, with the rising demand for connected and feature-rich vehicles among India’s expanding middle-class buyers, EPBs are increasingly being offered as standard in premium trims of models like Tata Harrier, Mahindra XUV700, and Hyundai Creta, further strengthening India’s position as the fastest-growing market in the region.
Breakup of Primaries:
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
? By Company Type: OEMs- 41%, Tier I- 35%, and Tier II - 24%
? By Designation: CXOs - 60%, Managers - 10%, and Executives- 30%
? By Region: Asia Pacific-41%, Europe-34%, North America-25%
The electronic parking brake system market is dominated by major players, including ZF Friedrichshafen AG (Germany), Continental AG (Germany), Astemo, Ltd. (Japan), Brembo N.V. (Italy), and ADVICS Co., Ltd. (Japan).
The study includes an in-depth competitive analysis of these key players in the electronic parking brake system market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
This research report categorizes the electronic parking brake system market by type (cable pull, electric-hydraulic caliper, brake-by-wire system), vehicle class (entry, mid, premium), components (ECUs, actuators, switches, others), vehicle type (passenger cars and commercial vehicles), EV Type (BEV, PHEV), sales channel (OEM, Aftermarket), and region (Asia Pacific, Europe, and North America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the market. This report covers a detailed analysis of OEMs’ strategies toward the adoption of the EPB by key OEMs, strategic insights on the technology maturity of the EPB, and strategic insights on short-to-mid-term barriers to brake-by-wire adoption. Analysis of the key industry players has been done to provide insights into their business overview, solutions & services, key strategies, contracts, partnerships, agreements, new product & service launches, mergers & acquisitions, and recent developments associated with the electronic parking brake system market. Competitive analysis of upcoming startups in the electronic parking brake system market ecosystem has been covered in this report.
Reasons to Buy this Report
The report will help the market leaders/new entrants in this market with information on the OEMs’ strategies toward adoption of the EPB, strategic insights on the technology maturity of the EPB, and supplier analysis. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
? Analysis of key drivers (Increasing demand for advanced safety features, technological advancements in braking systems, increased in vehicle electrification, strict government regulations towards braking system, growing mid- and high-end vehicle sales), restraints (dependence on vehicle electronic architecture, limited aftermarket potential), opportunities (shift toward wire-controlled systems [brake-by-wire], Forming global supplier partnerships to access next-gen actuation technologies, establishing or expanding R&D centers for cost-effective innovation, joint ventures with EV startups and mobility OEMS), and challenges (integration challenges in existing platforms, Limited penetration in low-cost vehicles, lack of localized manufacturing ecosystem) influencing the growth of the electronic parking brake market
? Product Development/Innovation: Detailed insights on upcoming technologies and research & development activities in the electronic parking brake market
? Market Development: Comprehensive information about lucrative markets (the report analyses the electronic parking brake system market across varied regions)
? Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electronic parking brake market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players, ZF Friedrichshafen AG (Germany), Continental AG (Germany), Astemo, Ltd. (Japan), Brembo N.V. (Italy), and ADVICS Co., Ltd. (Japan), among others, in the electronic parking brake market
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Table of Contents
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 28
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 28
1.3.2 INCLUSIONS AND EXCLUSIONS 29
1.3.3 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 30
1.6 STAKEHOLDERS 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Secondary sources 33
2.1.1.2 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Primary interviews: demand and supply sides 35
2.1.2.2 Breakdown of primary interviews 35
2.1.2.3 Primary interview participants 36
2.1.2.4 Objectives of primary research 36
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 38
2.2.2 TOP-DOWN APPROACH 39
2.3 DATA TRIANGULATION 40
2.4 FACTOR ANALYSIS 42
2.5 RESEARCH ASSUMPTIONS 42
2.6 RESEARCH LIMITATIONS 43
2.7 RISK ANALYSIS 44
3 EXECUTIVE SUMMARY 45
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRONIC PARKING BRAKE
SYSTEM MARKET 49
4.2 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE 49
4.3 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS 50
4.4 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE 50
4.5 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT 51
4.6 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE 51
4.7 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY SALES CHANNEL 52
4.8 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
5.2.1 DRIVERS 54
5.2.1.1 Surge in demand for advanced safety and convenience features 54
5.2.1.2 Technological advancements in braking systems 54
5.2.1.3 Rise of vehicle electrification 55
5.2.1.4 Stringent government regulations for braking systems 57
5.2.1.5 Increase in mid- and high-end vehicle sales 58
5.2.2 RESTRAINTS 58
5.2.2.1 Reliance on vehicle electronic architecture 58
5.2.2.2 Limited aftermarket potential 59
5.2.3 OPPORTUNITIES 60
5.2.3.1 Shift toward wire-controlled systems 60
5.2.3.2 Rise in global supplier partnerships to access next-generation actuation technologies 61
5.2.3.3 Establishment of R&D centers for cost-effective innovation 61
5.2.3.4 Joint ventures with EV start-ups and mobility OEMS 63
5.2.4 CHALLENGES 63
5.2.4.1 Integration challenges in existing platforms 63
5.2.4.2 Limited penetration in low-cost vehicles 63
5.2.4.3 Lack of localized manufacturing ecosystem 64
5.2.5 IMPACT OF MARKET DYNAMICS 65
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
5.4 PRICING ANALYSIS 67
5.4.1 AVERAGE SELLING PRICE TREND, BY TYPE 67
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION 68
5.4.3 AVERAGE SELLING PRICE TREND IN INDIA, BY TYPE 69
5.5 ECOSYSTEM ANALYSIS 69
5.6 SUPPLY CHAIN ANALYSIS 72
5.7 TECHNOLOGY ROADMAP 73
5.8 REGULATORY LANDSCAPE 74
5.8.1 VEHICLE SAFETY STANDARDS 74
5.8.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 75
5.8.3 REGULATIONS FOR ELECTRONIC PARKING BRAKE SYSTEMS 77
5.8.4 ELECTRONIC BRAKE SYSTEM MANDATES 78
5.8.5 VEHICLE BRAKE SAFETY STANDARDS 78
5.8.6 REGULATORY AUTHORITIES FOR BRAKE SYSTEMS 80
5.9 KEY CONFERENCES AND EVENTS 81
5.10 CASE STUDY ANALYSIS 81
5.10.1 ADOPTION OF SIEMENS SIMCENTER AMESIM SOFTWARE TO DESIGN ACTUATORS 81
5.10.2 REDUCTION OF WEAR ON SWITCHES WITH RHEOLUBE 362HB 82
5.10.3 DEVELOPMENT OF END-TO-END ASIL-D COMPLIANT ELECTRONIC PARKING BRAKE SYSTEM 82
5.11 INVESTMENT AND FUNDING SCENARIO 83
5.12 PATENT ANALYSIS 84
5.13 TRADE ANALYSIS 87
5.13.1 IMPORT SCENARIO (870830) 87
5.13.2 EXPORT SCENARIO (870830) 88
5.14 IMPACT OF AI/GEN AI 90
5.15 TECHNOLOGY ANALYSIS 90
5.15.1 KEY TECHNOLOGIES 90
5.15.1.1 Electronic parking brake system with lightweight drum 90
5.15.1.2 Front electric park brake 91
5.15.1.3 Software-defined functionality and remote update 91
5.15.2 COMPLEMENTARY TECHNOLOGIES 91
5.15.2.1 Electronic stability control 91
5.15.2.2 Electric actuator/caliper motor technology 91
5.15.3 ADJACENT TECHNOLOGIES 91
5.15.3.1 Copper-free XTRA brake pad 91
5.15.3.2 Anti-lock braking system 92
5.16 SUPPLIER ANALYSIS 92
5.17 BILL OF MATERIALS 96
5.18 GLOBAL ADOPTION OF ELECTRONIC PARKING BRAKE SYSTEMS 97
5.19 GLOBAL PENETRATION OF BRAKE-BY-WIRE AND OTHER ELECTRONIC
PARKING BRAKE SYSTEMS 97
5.20 INSIGHTS ON TECHNOLOGY MATURITY OF ELECTRONIC PARKING BRAKE SYSTEMS 98
5.20.1 TECHNOLOGY MATURITY 98
5.20.2 SUB-TECHNOLOGY MATURITY 99
5.20.3 TECHNOLOGY MATURITY BY KEY OEMS 100
5.21 GLOBAL ELECTRONIC PARKING BRAKE SYSTEM DEMAND HOTSPOTS 101
5.22 INSIGHTS ON BRAKE-BY-WIRE ADOPTION BY KEY OEMS 102
5.23 INSIGHTS ON SHORT-TO-MID-TERM BARRIERS TO BRAKE-BY-WIRE ADOPTION 103
5.23.1 SHORT-TO-MID-TERM BARRIERS TO BRAKE-BY-WIRE ADOPTION AND STRATEGIC RESPONSES 103
5.23.2 SHORT-TO-MID TERM BARRIERS TO BRAKE-BY-WIRE ADOPTION IN INDIA 104
5.24 INSIGHTS ON TECHNICAL INTEGRATION CAPABILITY OF INDIAN OEMS 105
5.25 INSIGHTS ON ADOPTION TIMELINES AND INVESTMENT SIGNALS BY INDIAN OEMS 106
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5.26 KEY STAKEHOLDERS AND BUYING CRITERIA 107
5.26.1 KEY STAKEHOLDERS IN BUYING PROCESS 107
5.26.2 BUYING CRITERIA 108
6 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE 110
6.1 INTRODUCTION 111
6.2 CABLE PULL 113
6.2.1 PREFERENCE FOR ADVANCED SAFETY AND CONVENIENCE FEATURES TO DRIVE MARKET 113
6.3 ELECTRIC-HYDRAULIC CALIPER 115
6.3.1 TECHNICAL REQUIREMENTS AND OEM DEMANDS TO DRIVE MARKET 115
6.4 BRAKE-BY-WIRE 117
6.4.1 PUSH FOR VEHICLE ELECTRIFICATION TO DRIVE MARKET 117
6.5 PRIMARY INSIGHTS 119
7 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE 120
7.1 INTRODUCTION 121
7.2 PASSENGER CAR 123
7.2.1 SHIFT IN SUPPLIER CHOICES AND SPECIFICATIONS TO DRIVE MARKET 123
7.3 COMMERCIAL VEHICLE 124
7.3.1 HIGHER LOAD CAPACITY REQUIREMENTS IN ICE TRUCKS TO DRIVE MARKET 124
7.4 PRIMARY INSIGHTS 125
8 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS 126
8.1 INTRODUCTION 127
8.2 ENTRY LEVEL 129
8.2.1 REGULATORY PUSH AND CONSUMER DEMAND FOR CONVENIENCE TO DRIVE MARKET 129
8.3 MID-SIZED 130
8.3.1 STANDARDIZATION OF EPB IN HIGH-VOLUME SEDANS AND SUVS TO DRIVE MARKET 130
8.4 PREMIUM 132
8.4.1 ELECTRIFICATION OF LUXURY VEHICLES TO DRIVE MARKET 132
8.5 PRIMARY INSIGHTS 133
9 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE 134
9.1 INTRODUCTION 135
9.2 BEV 136
9.2.1 SUPPLIERS’ TAILORING EPB MODULES FOR BATTERY PACKAGING TO DRIVE MARKET 136
9.3 PHEV 138
9.3.1 OEMS’ FOCUS ON ENHANCING SAFETY AND WEIGHT OPTIMIZATION TO DRIVE MARKET 138
9.4 PRIMARY INSIGHTS 140
10 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT 141
10.1 INTRODUCTION 142
10.2 ELECTRONIC CONTROL UNIT 144
10.2.1 TREND OF ELECTRIFIED VEHICLES TO DRIVE MARKET 144
10.3 ACTUATOR 145
10.3.1 VEHICLES’ TRANSITION TOWARD ADVANCED BRAKE-BY-WIRE ARCHITECTURES TO DRIVE MARKET 145
10.4 SWITCH 146
10.4.1 REPLACEMENT OF MECHANICAL LEVERS WITH ELECTRONIC ALTERNATIVES TO DRIVE MARKET 146
10.5 OTHER COMPONENTS 147
10.6 PRIMARY INSIGHTS 148
11 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY SALES CHANNEL 149
11.1 INTRODUCTION 150
11.2 OEM 151
11.2.1 SURGE IN COLLABORATION WITH TIER-1 SUPPLIERS TO DRIVE MARKET 151
11.3 AFTERMARKET 152
11.3.1 NEED FOR REPLACEMENT PARTS DUE TO AGING OF VEHICLES TO DRIVE MARKET 152
11.4 PRIMARY INSIGHTS 152
12 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION 153
12.1 INTRODUCTION 154
12.2 ASIA PACIFIC 156
12.2.1 MACROECONOMIC OUTLOOK 157
12.2.2 CHINA 162
12.2.2.1 Strategic supplier partnerships and model-specific adoption
to drive market 162
12.2.3 INDIA 163
12.2.3.1 Focus of OEMs on vehicle safety and convenience to drive market 163
12.2.4 JAPAN 165
12.2.4.1 Compliance with stringent safety regulations to drive market 165
12.2.5 SOUTH KOREA 167
12.2.5.1 Collaborations between OEMs and local suppliers to drive market 167
12.3 EUROPE 168
12.3.1 MACROECONOMIC OUTLOOK 168
12.3.2 FRANCE 174
12.3.2.1 Regulatory push for vehicle safety and accident prevention to drive market 174
12.3.3 GERMANY 176
12.3.3.1 OEM adoption in mainstream ICE models and supplier-driven innovation to drive market 176
12.3.4 SPAIN 177
12.3.4.1 Rapid integration of advanced safety and convenience features in mid-sized and compact vehicles to drive market 177
12.3.5 UK 179
12.3.5.1 Increased adoption of mid- to large-sized passenger cars with advanced safety features to drive market 179
12.3.6 RUSSIA 181
12.3.6.1 Trend of advanced braking technologies to drive market 181
12.4 NORTH AMERICA 182
12.4.1 MACROECONOMIC OUTLOOK 182
12.4.2 US 187
12.4.2.1 Tightening federal safety and efficiency regulations to drive market 187
12.4.3 CANADA 189
12.4.3.1 Emphasis on reducing mechanical complexity and maintenance costs to drive market 189
13 COMPETITIVE LANDSCAPE 191
13.1 INTRODUCTION 191
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021?2025 191
13.3 MARKET SHARE ANALYSIS, 2024 193
13.3.1 GLOBAL 193
13.3.2 CHINA 194
13.3.3 INDIA 195
13.4 REVENUE ANALYSIS, 2020?2024 196
13.5 COMPANY VALUATION AND FINANCIAL METRICS 197
13.6 BRAND/PRODUCT COMPARISON 198
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 199
13.7.1 STARS 199
13.7.2 EMERGING LEADERS 199
13.7.3 PERVASIVE PLAYERS 199
13.7.4 PARTICIPANTS 199
13.7.5 COMPANY FOOTPRINT 201
13.7.5.1 Company footprint 201
13.7.5.2 Region footprint 201
13.7.5.3 Type footprint 202
13.7.5.4 Vehicle type footprint 202
13.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024 203
13.8.1 PROGRESSIVE COMPANIES 203
13.8.2 RESPONSIVE COMPANIES 203
13.8.3 DYNAMIC COMPANIES 203
13.8.4 STARTING BLOCKS 203
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13.8.5 COMPETITIVE BENCHMARKING 205
13.8.5.1 List of start-ups/SMEs 205
13.8.5.2 Competitive benchmarking of start-ups/SMEs 205
13.9 COMPETITIVE SCENARIO 206
13.9.1 PRODUCT LAUNCHES 206
13.9.2 DEALS 207
13.9.3 EXPANSIONS 208
13.9.4 OTHER DEVELOPMENTS 209
14 COMPANY PROFILES 210
14.1 KEY PLAYERS 210
14.1.1 ZF FRIEDRICHSHAFEN AG 210
14.1.1.1 Business overview 210
14.1.1.2 Supplier analysis 211
14.1.1.3 Products offered 212
14.1.1.4 Recent developments 213
14.1.1.4.1 Product launches 213
14.1.1.4.2 Other developments 213
14.1.1.5 MnM view 214
14.1.1.5.1 Key strengths 214
14.1.1.5.2 Strategic choices 214
14.1.1.5.3 Weaknesses and competitive threats 214
14.1.2 CONTINENTAL AG 215
14.1.2.1 Business overview 215
14.1.2.2 Supplier analysis 216
14.1.2.3 Products offered 217
14.1.2.4 Recent developments 218
14.1.2.4.1 Deals 218
14.1.2.4.2 Expansions 219
14.1.2.5 MnM view 219
14.1.2.5.1 Key strengths 219
14.1.2.5.2 Strategic choices 219
14.1.2.5.3 Weaknesses and competitive threats 219
14.1.3 ASTEMO, LTD. 220
14.1.3.1 Business overview 220
14.1.3.2 Supplier analysis 221
14.1.3.3 Products offered 221
14.1.3.4 Recent developments 222
14.1.3.4.1 Product launches 222
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14.1.3.5 MnM view 223
14.1.3.5.1 Key strengths 223
14.1.3.5.2 Strategic choices 223
14.1.3.5.3 Weaknesses and competitive threats 223
14.1.4 BREMBO N.V. 224
14.1.4.1 Business overview 224
14.1.4.2 Supplier analysis 225
14.1.4.3 Products offered 226
14.1.4.4 Recent developments 226
14.1.4.4.1 Deals 226
14.1.4.4.2 Other developments 227
14.1.4.5 MnM view 227
14.1.4.5.1 Key strengths 227
14.1.4.5.2 Strategic choices 227
14.1.4.5.3 Weaknesses and competitive threats 227
14.1.5 ADVICS CO., LTD. 228
14.1.5.1 Business overview 228
14.1.5.2 Supplier analysis 229
14.1.5.3 Products offered 230
14.1.5.4 Recent developments 231
14.1.5.4.1 Product launches 231
14.1.5.4.2 Deals 231
14.1.5.5 MnM view 231
14.1.5.5.1 Key strengths 231
14.1.5.5.2 Strategic choices 232
14.1.5.5.3 Weaknesses and competitive threats 232
14.1.6 HYUNDAI MOBIS 233
14.1.6.1 Business overview 233
14.1.6.2 Supplier analysis 234
14.1.6.3 Products offered 234
14.1.6.4 Recent developments 235
14.1.6.4.1 Expansions 235
14.1.7 HL MANDO CORP. 236
14.1.7.1 Business overview 236
14.1.7.2 Supplier analysis 237
14.1.7.3 Products offered 238
14.1.7.4 Recent developments 238
14.1.7.4.1 Deals 238
14.1.7.4.2 Other developments 239
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14.1.8 WANXIANG QIANCHAO CO., LTD. 240
14.1.8.1 Business overview 240
14.1.8.2 Products offered 241
14.1.9 BRAKES INDIA 242
14.1.9.1 Business overview 242
14.1.9.2 Products offered 243
14.1.9.3 Recent developments 243
14.1.9.3.1 Other developments 243
14.1.10 ANAND GROUP 244
14.1.10.1 Business overview 244
14.1.10.2 Products offered 244
14.1.11 AKEBONO BRAKE INDUSTRY CO., LTD. 246
14.1.11.1 Business overview 246
14.1.11.2 Products offered 248
14.1.11.3 Recent developments 248
14.1.11.3.1 Other developments 248
14.1.12 DURA | SHILOH 249
14.1.12.1 Business overview 249
14.1.12.2 Supplier analysis 249
14.1.12.3 Products offered 249
14.1.12.4 Recent developments 250
14.1.12.4.1 Deals 250
14.1.13 BEIJING YINGCHUANGHUIZHI AUTOMOTIVE TECHNOLOGY CO., LTD. 251
14.1.13.1 Business overview 251
14.1.13.2 Products offered 251
14.1.14 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD. 252
14.1.14.1 Business overview 252
14.1.14.2 Supplier analysis 253
14.1.14.3 Products offered 254
14.1.14.4 Recent developments 254
14.1.14.4.1 Product launches 254
14.2 OTHER PLAYERS 255
14.2.1 ZHEJIANG ASIA PACIFIC MECHANICAL & ELECTRICAL CO., LTD. 255
14.2.2 K?STER HOLDING GMBH 256
14.2.3 ROBERT BOSCH GMBH 257
14.2.4 VALEO 258
14.2.5 INFAC CORPORATION 259
14.2.6 HUGO BENZING GMBH & CO. KG 260
14.2.7 KEYANG ELECTRIC CO., LTD. 261
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15 RECOMMENDATIONS BY MARKETSANDMARKETS 262
15.1 ASIA PACIFIC TO BE LUCRATIVE MARKET FOR ELECTRONIC PARKING BRAKE SYSTEMS 262
15.2 MID-SIZED VEHICLES TO BE PREVALENT DURING FORECAST PERIOD 262
15.3 TECHNOLOGICAL ADVANCEMENTS IN BRAKING SYSTEMS 262
15.4 CONCLUSION 263
16 APPENDIX 264
16.1 INSIGHTS FROM INDUSTRY EXPERTS 264
16.2 DISCUSSION GUIDE 264
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 267
16.4 CUSTOMIZATION OPTIONS 269
16.4.1 COMPANY PROFILE 269
16.4.1.1 Profiling of up to five additional market players 269
16.4.2 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
AT COUNTRY LEVEL 269
16.4.3 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT,
AT COUNTRY LEVEL 269
16.4.4 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
AT COUNTRY LEVEL 269
16.5 RELATED REPORTS 269
16.6 AUTHOR DETAILS 270
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List of Tables/Graphs
TABLE 1 MARKET DEFINITION, BY TYPE 26
TABLE 2 MARKET DEFINITION, BY PROPULSION 26
TABLE 3 MARKET DEFINITION, BY COMPONENT 27
TABLE 4 MARKET DEFINITION, BY VEHICLE TYPE 27
TABLE 5 MARKET DEFINITION, BY VEHICLE CLASS 27
TABLE 6 USD EXCHANGE RATES, 2021?2025 30
TABLE 7 VEHICLES EQUIPPED WITH ELECTRONIC PARKING BRAKE SYSTEMS 54
TABLE 8 BRAKING SYSTEM TECHNOLOGY ROADMAP 55
TABLE 9 ZERO-EMISSION LIGHT-DUTY VEHICLE POLICIES AND INCENTIVES
IN SELECT COUNTRIES 57
TABLE 10 SALES OF VEHICLES EQUIPPED WITH ELECTRONIC PARKING
BRAKE SYSTEMS, 2023?2024 58
TABLE 11 ELECTRIC VS. CONVENTIONAL PARKING BRAKE AND ITS IMPACT
ON MARKET GROWTH 59
TABLE 12 R&D CENTERS BY KEY PLAYERS 61
TABLE 13 KEY OEM STRATEGIC DEVELOPMENTS 63
TABLE 14 LOW-COST VEHICLE MODELS WITH TRADITIONAL PARKING BRAKES 64
TABLE 15 ELECTRONIC PARKING BRAKE SYSTEM LOCALIZATION IN INDIA 64
TABLE 16 AVERAGE SELLING PRICE TREND, BY TYPE, 2022?2024 (USD) 67
TABLE 17 AVERAGE SELLING PRICE TREND, BY REGION, 2022?2024 (USD) 68
TABLE 18 AVERAGE SELLING PRICE TREND IN INDIA, BY TYPE, 2022?2024 (USD) 69
TABLE 19 ROLE OF COMPANIES IN ECOSYSTEM 71
TABLE 20 VEHICLE SAFETY STANDARDS, BY COUNTRY/REGION 74
TABLE 21 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 75
TABLE 22 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 76
TABLE 23 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 76
TABLE 24 REGULATIONS FOR ELECTRONIC PARKING BRAKE SYSTEMS, BY COUNTRY/REGION 77
TABLE 25 ELECTRONIC BRAKE SYSTEM MANDATES, BY COUNTRY/REGION 78
TABLE 26 NORTH AMERICA: VEHICLE BRAKE SAFETY STANDARDS 78
TABLE 27 EUROPE: VEHICLE BRAKE SAFETY STANDARDS 79
TABLE 28 REGULATORY AUTHORITIES FOR BRAKE SYSTEMS, BY REGION 80
TABLE 29 KEY CONFERENCES AND EVENTS, 2025?2026 81
TABLE 30 LIST OF FUNDING 83
TABLE 31 PATENT ANALYSIS 85
TABLE 32 IMPORT DATA FOR HS CODE 870830-COMPLIANT PRODUCTS,
BY COUNTRY, 2020?2024 (USD MILLION) 87
TABLE 33 EXPORT DATA FOR HS CODE 870830-COMPLIANT PRODUCTS,
BY COUNTRY, 2020?2024 (USD MILLION) 89
TABLE 34 SUPPLIER ANALYSIS FOR ELECTRONIC PARKING BRAKE SYSTEMS, 2023?2025 92
TABLE 35 SUPPLIER ANALYSIS FOR BRAKE CALIPERS WITH ELECTRONIC PARKING BRAKE SYSTEMS, 2023?2025 95
TABLE 36 TECHNOLOGY MATURITY BY KEY OEMS 100
TABLE 37 BRAKE-BY-WIRE ADOPTION BY KEY OEMS 102
TABLE 38 SHORT-TO-MID-TERM BARRIERS TO BRAKE-BY-WIRE ADOPTION AND
STRATEGIC RESPONSES 103
TABLE 39 SHORT-TO-MID TERM BARRIERS TO BRAKE-BY-WIRE ADOPTION IN INDIA 104
TABLE 40 TECHNICAL INTEGRATION CAPABILITY OF INDIAN OEMS 105
TABLE 41 ADOPTION TIMELINES BY INDIAN OEMS 106
TABLE 42 INVESTMENTS BY INDIAN OEMS 107
TABLE 43 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE 108
TABLE 44 KEY BUYING CRITERIA, BY VEHICLE TYPE 109
TABLE 45 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE,
2021?2024 (THOUSAND UNITS) 111
TABLE 46 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE,
2025?2032 (THOUSAND UNITS) 112
TABLE 47 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE,
2021?2024 (USD MILLION) 112
TABLE 48 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE,
2025?2032 (USD MILLION) 112
TABLE 49 CABLE PULL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 113
TABLE 50 CABLE PULL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 114
TABLE 51 CABLE PULL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 114
TABLE 52 CABLE PULL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 114
TABLE 53 ELECTRIC-HYDRAULIC CALIPER: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION, 2021?2024 (THOUSAND UNITS) 115
TABLE 54 ELECTRIC-HYDRAULIC CALIPER: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION, 2025?2032 (THOUSAND UNITS) 116
TABLE 55 ELECTRIC-HYDRAULIC CALIPER: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION, 2021?2024 (USD MILLION) 116
TABLE 56 ELECTRIC-HYDRAULIC CALIPER: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION, 2025?2032 (USD MILLION) 116
TABLE 57 BRAKE-BY-WIRE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 117
TABLE 58 BRAKE-BY-WIRE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 118
TABLE 59 BRAKE-BY-WIRE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 118
TABLE 60 BRAKE-BY-WIRE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 118
TABLE 61 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE,
2021?2024 (THOUSAND UNITS) 121
TABLE 62 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE,
2025?2032 (THOUSAND UNITS) 122
TABLE 63 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE,
2021?2024 (USD MILLION) 122
TABLE 64 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE,
2025?2032 (USD MILLION) 122
TABLE 65 PASSENGER CAR MODELS EQUIPPED WITH ELECTRONIC PARKING
BRAKE SYSTEMS 123
TABLE 66 COMMERCIAL VEHICLE MODELS EQUIPPED WITH ELECTRONIC PARKING BRAKE SYSTEMS 124
TABLE 67 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
2021?2024 (THOUSAND UNITS) 127
TABLE 68 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
2025?2032 (THOUSAND UNITS) 128
TABLE 69 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
2021?2024 (USD MILLION) 128
TABLE 70 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
2025?2032 (USD MILLION) 128
TABLE 71 ENTRY LEVEL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 129
TABLE 72 ENTRY LEVEL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 129
TABLE 73 ENTRY LEVEL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 130
TABLE 74 ENTRY LEVEL: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 130
TABLE 75 MID-SIZED: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 131
TABLE 76 MID-SIZED: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 131
TABLE 77 MID-SIZED: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 131
TABLE 78 MID-SIZED: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 131
TABLE 79 PREMIUM: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 132
TABLE 80 PREMIUM: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 132
TABLE 81 PREMIUM: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 133
TABLE 82 PREMIUM: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 133
TABLE 83 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
2021?2024 (THOUSAND UNITS) 135
TABLE 84 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
2025?2032 (THOUSAND UNITS) 136
TABLE 85 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
2021?2024 (USD MILLION) 136
TABLE 86 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
2025?2032 (USD MILLION) 136
TABLE 87 BEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2021?2024 (THOUSAND UNITS) 137
TABLE 88 BEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2025?2032 (THOUSAND UNITS) 137
TABLE 89 BEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2021?2024 (USD MILLION) 137
TABLE 90 BEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2025?2032 (USD MILLION) 138
TABLE 91 PHEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 138
TABLE 92 PHEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 139
TABLE 93 PHEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (USD MILLION) 139
TABLE 94 PHEV: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (USD MILLION) 139
TABLE 95 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT,
2021?2024 (THOUSAND UNITS) 143
TABLE 96 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT,
2025?2032 (THOUSAND UNITS) 143
TABLE 97 ELECTRONIC CONTROL UNIT: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 144
TABLE 98 ELECTRONIC CONTROL UNIT: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 144
TABLE 99 ACTUATOR: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 145
TABLE 100 ACTUATOR: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 145
TABLE 101 SWITCH: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 146
TABLE 102 SWITCH: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 146
TABLE 103 OTHER COMPONENTS: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2021?2024 (THOUSAND UNITS) 147
TABLE 104 OTHER COMPONENTS: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY REGION, 2025?2032 (THOUSAND UNITS) 147
TABLE 105 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY SALES CHANNEL,
2021?2024 (THOUSAND UNITS) 150
TABLE 106 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY SALES CHANNEL,
2025?2032 (THOUSAND UNITS) 151
TABLE 107 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2021?2024 (THOUSAND UNITS) 155
TABLE 108 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2025?2032 (THOUSAND UNITS) 155
TABLE 109 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2021?2024 (USD MILLION) 156
TABLE 110 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2025?2032 (USD MILLION) 156
TABLE 111 ASIA PACIFIC: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (THOUSAND UNITS) 160
TABLE 112 ASIA PACIFIC: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (THOUSAND UNITS) 161
TABLE 113 ASIA PACIFIC: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (USD MILLION) 161
TABLE 114 ASIA PACIFIC: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (USD MILLION) 161
TABLE 115 CHINA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 162
TABLE 116 CHINA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 162
TABLE 117 CHINA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 163
TABLE 118 CHINA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 163
TABLE 119 INDIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 164
TABLE 120 INDIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 164
TABLE 121 INDIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 164
TABLE 122 INDIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 165
TABLE 123 JAPAN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 165
TABLE 124 JAPAN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 166
TABLE 125 JAPAN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 166
TABLE 126 JAPAN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 166
TABLE 127 SOUTH KOREA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 167
TABLE 128 SOUTH KOREA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 167
TABLE 129 SOUTH KOREA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 167
TABLE 130 SOUTH KOREA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 168
TABLE 131 EUROPE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (THOUSAND UNITS) 172
TABLE 132 EUROPE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (THOUSAND UNITS) 173
TABLE 133 EUROPE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (USD MILLION) 173
TABLE 134 EUROPE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (USD MILLION) 173
TABLE 135 FRANCE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 174
TABLE 136 FRANCE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 175
TABLE 137 FRANCE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 175
TABLE 138 FRANCE: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 175
TABLE 139 GERMANY: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 176
TABLE 140 GERMANY: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 176
TABLE 141 GERMANY: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 177
?
TABLE 142 GERMANY: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 177
TABLE 143 SPAIN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 178
TABLE 144 SPAIN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 178
TABLE 145 SPAIN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 178
TABLE 146 SPAIN: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 179
TABLE 147 UK: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 179
TABLE 148 UK: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 180
TABLE 149 UK: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 180
TABLE 150 UK: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 180
TABLE 151 RUSSIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 181
TABLE 152 RUSSIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 181
TABLE 153 RUSSIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 181
TABLE 154 RUSSIA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 182
TABLE 155 NORTH AMERICA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (THOUSAND UNITS) 185
TABLE 156 NORTH AMERICA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (THOUSAND UNITS) 186
TABLE 157 NORTH AMERICA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2021?2024 (USD MILLION) 186
TABLE 158 NORTH AMERICA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY COUNTRY, 2025?2032 (USD MILLION) 186
TABLE 159 US: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 187
TABLE 160 US: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 187
TABLE 161 US: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 188
TABLE 162 US: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 188
TABLE 163 CANADA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (THOUSAND UNITS) 189
TABLE 164 CANADA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (THOUSAND UNITS) 189
TABLE 165 CANADA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2021?2024 (USD MILLION) 190
TABLE 166 CANADA: ELECTRONIC PARKING BRAKE SYSTEM MARKET,
BY VEHICLE CLASS, 2025?2032 (USD MILLION) 190
?
TABLE 167 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021?2025 192
TABLE 168 GLOBAL: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024 193
TABLE 169 CHINA: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024 194
TABLE 170 INDIA: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024 195
TABLE 171 REGION FOOTPRINT 201
TABLE 172 TYPE FOOTPRINT 202
TABLE 173 VEHICLE TYPE FOOTPRINT 202
TABLE 174 LIST OF START-UPS/SMES 205
TABLE 175 COMPETITIVE BENCHMARKING OF START-UPS/SMES 205
TABLE 176 ELECTRONIC PARKING BRAKE SYSTEM MARKET:
PRODUCT LAUNCHES, 2021?2025 206
TABLE 177 ELECTRONIC PARKING BRAKE SYSTEM MARKET: DEALS, 2021?2025 207
TABLE 178 ELECTRONIC PARKING BRAKE SYSTEM MARKET: EXPANSIONS, 2021?2025 208
TABLE 179 ELECTRONIC PARKING BRAKE SYSTEM MARKET:
OTHER DEVELOPMENTS, 2021?2025 209
TABLE 180 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW 210
TABLE 181 ZF FRIEDRICHSHAFEN AG: SUPPLIER ANALYSIS 211
TABLE 182 ZF FRIEDRICHSHAFEN AG: PRODUCTS OFFERED 212
TABLE 183 ZF FRIEDRICHSHAFEN AG: PRODUCT LAUNCHES 213
TABLE 184 ZF FRIEDRICHSHAFEN AG: OTHER DEVELOPMENTS 213
TABLE 185 CONTINENTAL AG: COMPANY OVERVIEW 215
TABLE 186 CONTINENTAL AG: SUPPLIER ANALYSIS 216
TABLE 187 CONTINENTAL AG: PRODUCTS OFFERED 217
TABLE 188 CONTINENTAL AG: DEALS 218
TABLE 189 CONTINENTAL AG: EXPANSIONS 219
TABLE 190 ASTEMO, LTD.: COMPANY OVERVIEW 220
TABLE 191 ASTEMO, LTD.: SUPPLIER ANALYSIS 221
TABLE 192 ASTEMO, LTD.: PRODUCTS OFFERED 221
TABLE 193 ASTEMO, LTD.: PRODUCT LAUNCHES 222
TABLE 194 BREMBO N.V.: COMPANY OVERVIEW 224
TABLE 195 BREMBO N.V.: SUPPLIER ANALYSIS 225
TABLE 196 BREMBO N.V.: PRODUCTS OFFERED 226
TABLE 197 BREMBO N.V.: DEALS 226
TABLE 198 BREMBO N.V.: OTHER DEVELOPMENTS 227
TABLE 199 ADVICS CO., LTD.: COMPANY OVERVIEW 228
TABLE 200 ADVICS CO., LTD.: SUPPLIER ANALYSIS 229
TABLE 201 ADVICS CO., LTD.: PRODUCTS OFFERED 230
TABLE 202 ADVICS CO., LTD.: PRODUCT LAUNCHES 231
TABLE 203 ADVICS CO., LTD.: DEALS 231
TABLE 204 HYUNDAI MOBIS: COMPANY OVERVIEW 233
TABLE 205 HYUNDAI MOBIS: SUPPLIER ANALYSIS 234
TABLE 206 HYUNDAI MOBIS: PRODUCTS OFFERED 234
TABLE 207 HYUNDAI MOBIS: EXPANSIONS 235
?
TABLE 208 HL MANDO CORP.: COMPANY OVERVIEW 236
TABLE 209 HL MANDO CORP.: SUPPLIER ANALYSIS 237
TABLE 210 HL MANDO CORP.: PRODUCTS OFFERED 238
TABLE 211 HL MANDO CORP.: DEALS 238
TABLE 212 HL MANDO CORP.: OTHER DEVELOPMENTS 239
TABLE 213 WANXIANG QIANCHAO CO., LTD.: COMPANY OVERVIEW 240
TABLE 214 WANXIANG QIANCHAO CO., LTD.: PRODUCTS OFFERED 241
TABLE 215 BRAKES INDIA: COMPANY OVERVIEW 242
TABLE 216 BRAKES INDIA: PRODUCTS OFFERED 243
TABLE 217 BRAKES INDIA: OTHER DEVELOPMENTS 243
TABLE 218 ANAND GROUP: COMPANY OVERVIEW 244
TABLE 219 ANAND GROUP: PRODUCTS OFFERED 244
TABLE 220 AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY OVERVIEW 246
TABLE 221 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCTS OFFERED 248
TABLE 222 AKEBONO BRAKE INDUSTRY CO., LTD.: OTHER DEVELOPMENTS 248
TABLE 223 DURA | SHILOH: COMPANY OVERVIEW 249
TABLE 224 DURA | SHILOH: SUPPLIER ANALYSIS 249
TABLE 225 DURA | SHILOH: PRODUCTS OFFERED 249
TABLE 226 DURA | SHILOH: DEALS 250
TABLE 227 BEIJING YINGCHUANGHUIZHI AUTOMOTIVE TECHNOLOGY CO., LTD.:
COMPANY OVERVIEW 251
TABLE 228 BEIJING YINGCHUANGHUIZHI AUTOMOTIVE TECHNOLOGY CO., LTD.:
PRODUCTS OFFERED 251
TABLE 229 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: COMPANY OVERVIEW 252
TABLE 230 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: SUPPLIER ANALYSIS 253
TABLE 231 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: PRODUCTS OFFERED 254
TABLE 232 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: PRODUCT LAUNCHES 254
TABLE 233 ZHEJIANG ASIA PACIFIC MECHANICAL & ELECTRICAL CO., LTD.:
COMPANY OVERVIEW 255
TABLE 234 K?STER HOLDING GMBH: COMPANY OVERVIEW 256
TABLE 235 ROBERT BOSCH GMBH: COMPANY OVERVIEW 257
TABLE 236 VALEO: COMPANY OVERVIEW 258
TABLE 237 INFAC CORPORATION: COMPANY OVERVIEW 259
TABLE 238 HUGO BENZING GMBH & CO. KG: COMPANY OVERVIEW 260
TABLE 239 KEYANG ELECTRIC CO., LTD.: COMPANY OVERVIEW 261FIGURE 1 ELECTRONIC PARKING BRAKE SYSTEM MARKET SEGMENTATION 28
FIGURE 2 RESEARCH DESIGN 31
FIGURE 3 RESEARCH DESIGN MODEL 32
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 37
FIGURE 5 BOTTOM-UP APPROACH 38
FIGURE 6 TOP-DOWN APPROACH 39
FIGURE 7 DATA TRIANGULATION 40
FIGURE 8 GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS 41
FIGURE 9 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS 42
FIGURE 10 ELECTRONIC PARKING BRAKE SYSTEM MARKET OVERVIEW 46
FIGURE 11 ASIA PACIFIC TO BE LEADING REGIONAL MARKET DURING FORECAST PERIOD 47
FIGURE 12 MID-SIZED SEGMENT TO BE DOMINANT DURING FORECAST PERIOD 47
FIGURE 13 BRAKE-BY-WIRE SEGMENT TO EXHIBIT FASTEST GROWTH DURING
FORECAST PERIOD 48
FIGURE 14 RISING ADOPTION IN ENTRY-LEVEL AND MID-SIZED VEHICLES TO DRIVE MARKET 49
FIGURE 15 PASSENGER CAR SEGMENT TO BE LARGER THAN COMMERCIAL VEHICLE SEGMENT DURING FORECAST PERIOD 49
FIGURE 16 MID-SIZED TO BE LARGEST SEGMENT DURING FORECAST PERIOD 50
FIGURE 17 ELECTRIC-HYDRAULIC CALIPER TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD 50
FIGURE 18 ELECTRONIC CONTROL UNIT TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 51
FIGURE 19 BEV TO HOLD HIGHER SHARE THAN PHEV DURING FORECAST PERIOD 51
FIGURE 20 AFTERMARKET TO RECORD FASTER GROWTH THAN OEM DURING
FORECAST PERIOD 52
FIGURE 21 EUROPE TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52
FIGURE 22 ELECTRONIC PARKING BRAKE SYSTEM MARKET DYNAMICS 53
FIGURE 23 GLOBAL ELECTRIFICATION TARGETS, 2025?2050 56
FIGURE 24 EV SALES, BY COUNTRY, 2021?2024 56
FIGURE 25 FUNCTIONAL ARCHITECTURE OF INTEGRATED ELECTRONIC PARKING
BRAKE SYSTEMS 59
FIGURE 26 STRUCTURE OF BRAKE-BY-WIRE SYSTEMS 60
FIGURE 27 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
FIGURE 28 AVERAGE SELLING PRICE TREND, BY TYPE, 2022?2024 (USD) 67
FIGURE 29 AVERAGE SELLING PRICE TREND, BY REGION, 2022?2024 (USD) 68
FIGURE 30 AVERAGE SELLING PRICE TREND IN INDIA, BY TYPE, 2022?2024 (USD) 69
FIGURE 31 ECOSYSTEM MAP 70
FIGURE 32 ECOSYSTEM ANALYSIS 70
FIGURE 33 SUPPLY CHAIN ANALYSIS 72
FIGURE 34 TECHNOLOGY ROADMAP OF ELECTRONIC PARKING BRAKE SYSTEMS 73
FIGURE 35 INVESTMENT AND FUNDING SCENARIO, 2022?2025 83
FIGURE 36 PATENT ANALYSIS 84
FIGURE 37 IMPORT DATA FOR HS CODE 870830-COMPLIANT PRODUCTS,
BY COUNTRY, 2020?2024 (USD MILLION) 88
FIGURE 38 EXPORT DATA FOR HS CODE 870830-COMPLIANT PRODUCTS,
BY COUNTRY, 2020?2024 (USD MILLION) 89
FIGURE 39 BILL OF MATERIALS FOR AUTOMOTIVE BRAKE SYSTEMS WITH ELECTRONIC PARKING BRAKE SYSTEMS 96
FIGURE 40 GLOBAL ADOPTION OF ELECTRONIC PARKING BRAKE SYSTEMS, 2024?2032 97
FIGURE 41 GLOBAL PENETRATION OF BRAKE-BY-WIRE AND OTHER ELECTRONIC
PARKING BRAKE SYSTEMS, 2024?2032 98
FIGURE 42 SUB-TECHNOLOGY MATURITY 99
FIGURE 43 TECHNOLOGY MATURITY, BY OEM 100
FIGURE 44 GLOBAL ELECTRONIC PARKING BRAKE SYSTEM DEMAND HOTSPOTS 101
FIGURE 45 TECHNICAL INTEGRATION CAPABILITY OF INDIAN OEMS 106
FIGURE 46 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE 108
FIGURE 47 KEY BUYING CRITERIA, BY VEHICLE TYPE 108
FIGURE 48 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY TYPE,
2025 VS. 2032 (USD MILLION) 111
FIGURE 49 CABLE PULL SNAPSHOT 113
FIGURE 50 ELECTRIC-HYDRAULIC CALIPER SNAPSHOT 115
FIGURE 51 BRAKE-BY-WIRE SNAPSHOT 117
FIGURE 52 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE TYPE,
2025 VS. 2032 (USD MILLION) 121
FIGURE 53 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY VEHICLE CLASS,
2025 VS. 2032 (USD MILLION) 127
FIGURE 54 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY EV TYPE,
2025 VS. 2032 (USD MILLION) 135
FIGURE 55 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY COMPONENT,
2025 VS. 2032 (THOUSAND UNITS) 142
FIGURE 56 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY SALES CHANNEL,
2025 VS. 2032 (THOUSAND UNITS) 150
FIGURE 57 ELECTRONIC PARKING BRAKE SYSTEM MARKET, BY REGION,
2025 VS. 2032 (USD MILLION) 155
FIGURE 58 ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024?2026 157
FIGURE 59 ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024?2026 158
FIGURE 60 ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024?2026 158
FIGURE 61 ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,
BY COUNTRY, 2024 159
FIGURE 62 ASIA PACIFIC: ELECTRONIC PARKING BRAKE SYSTEM MARKET SNAPSHOT 160
FIGURE 63 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024?2026 169
FIGURE 64 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024?2026 170
FIGURE 65 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024?2026 170
FIGURE 66 EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,
BY COUNTRY, 2024 171
FIGURE 67 EUROPE: ELECTRONIC PARKING BRAKE SYSTEM MARKET SNAPSHOT 172
FIGURE 68 NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024?2026 183
FIGURE 69 NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024?2026 184
FIGURE 70 NORTH AMERICA: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024?2026 184
FIGURE 71 NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,
BY COUNTRY, 2024 184
FIGURE 72 NORTH AMERICA: ELECTRONIC PARKING BRAKE SYSTEM MARKET SNAPSHOT 185
FIGURE 73 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024 194
FIGURE 74 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020?2024 196
FIGURE 75 COMPANY VALUATION (USD BILLION) 197
FIGURE 76 FINANCIAL METRICS (EV/EBITDA) 197
FIGURE 77 BRAND/PRODUCT COMPARISON 198
FIGURE 78 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 200
FIGURE 79 COMPANY FOOTPRINT 201
FIGURE 80 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024 204
FIGURE 81 ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT 211
FIGURE 82 ZF FRIEDRICHSHAFEN AG: PRODUCT SNAPSHOT 213
FIGURE 83 CONTINENTAL AG: COMPANY SNAPSHOT 216
FIGURE 84 CONTINENTAL AG: GLOBAL PRESENCE 217
FIGURE 85 CONTINENTAL AG: PRODUCT SNAPSHOT 218
FIGURE 86 ASTEMO, LTD.: COMPANY SNAPSHOT 220
FIGURE 87 ASTEMO, LTD.: PRODUCT SNAPSHOT 222
FIGURE 88 BREMBO N.V.: COMPANY SNAPSHOT 225
FIGURE 89 BREMBO N.V.: PRODUCT SNAPSHOT 226
FIGURE 90 ADVICS CO., LTD.: PRODUCT SNAPSHOT 230
FIGURE 91 HYUNDAI MOBIS: COMPANY SNAPSHOT 233
FIGURE 92 HYUNDAI MOBIS: PRODUCT SNAPSHOT 234
FIGURE 93 HL MANDO CORP.: COMPANY SNAPSHOT 237
FIGURE 94 HL MANDO CORP.: PRODUCT SNAPSHOT 238
FIGURE 95 WANXIANG QIANCHAO CO., LTD.: COMPANY SNAPSHOT 240
FIGURE 96 WANXIANG QIANCHAO CO., LTD.: PRODUCT SNAPSHOT 241
FIGURE 97 BRAKES INDIA: COMPANY SNAPSHOT 242
FIGURE 98 BRAKES INDIA: PRODUCT SNAPSHOT 243
FIGURE 99 ANAND GROUP: PRODUCT SNAPSHOT 245
FIGURE 100 AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY SNAPSHOT 247
FIGURE 101 AKEBONO BRAKE INDUSTRY CO., LTD.: NET SALES BY CUSTOMER 247
FIGURE 102 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT SNAPSHOT 248
FIGURE 103 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: COMPANY SNAPSHOT 253
FIGURE 104 BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD.: PRODUCT SNAPSHOT 254
