Electric Parking Brake Market: Size, Share, Emerging Trends, Analysis and Forecasts to 2027
The electric parking brake grips the automobile on the ground road or hill road and widely utilized for emergency stops. Electric parking brake has very few number of components and can be actuates with the help of button, thus creating more space in the automobile cabin. Electric parking brake can be accommodated into in any type of vehicle with different size and power capacity.
Ask for sample link here: https://www.factmr.com/connectus/sample?flag=S&rep_id=2536
Increased consumer inclination towards traveling safety, comfort, convenience and stability in the vehicles has up surged the demand for electric parking brake. The main benefit of utilizing electric parking brake is that, it has electronic control unit, which can be assimilated with the other vehicle system to empower advanced functioning. The electronic parking brake does not implies any use of mechanical components such as brake lever and rope which decreases the interior cabin space is eventually subjected to increase the demand for electric parking brake in future.
The electronic parking brake is weightless, compact in size which henceforth enhances the fuel economy and reduce carbon emission. The vehicle OEMs are emerging with different innovative technologies to advance the performance of the electric parking brake system, reduce cost, weight and size. Technological advancement and an introduction of electric and hybrid vehicles are majorly anticipated to propel the electric parking brake market over the forecast period across the globe. However, the high cost of Electric Parking Brake and environmental regulation to curb the carbon emission is subjected to hamper the market growth over the forecast period. However, the growth of the market is expected to face hindrance due to the high cost of the electric parking brake and lack of skilled technicians for the electronic system in vehicle.
Browse Full Report at: https://www.factmr.com/report/2536/electric-parking-brake-market
This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to electric parking brake manufacturers looking to enter the market. Main regions assessed in this report include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East & Africa (MEA).
Global Electric Parking Brake Market: Segmentation
The sections, by type, component, vehicle type, and sales channel in the electric parking brake market evaluate the present scenario as well as growth prospects of the regional electric parking brake market for 2018–2027. The APEJ electric parking brake market has been estimated to dominate the global electric parking brake market by value owing to the phenomenal rise in the sales of passenger vehicles, accounting for a maximum revenue share of the market by 2017 end. Europe and North America electric parking brake markets are expected to account for over 35% collaborative revenue share, of the global electric parking brake market by 2027 end. Among the emerging markets, the MEA electric parking brake market is estimated to exhibit a significant CAGR of more than 7.5% over the forecast period, followed by Japan with a CAGR of about 7.0%.
To provide in-depth insights into the pattern of demand for the electric parking brake market, the market is segmented by type. It includes Electric-Hydraulic Caliper System and Cable-Pull System. Electric-Hydraulic Caliper System segment is expected to dominate the electric parking brake market over the forecast period, regarding value, which accounted for more than 65% value share in 2017.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2536
To provide in-depth insights into the pattern of demand for the electric parking brake market, the market is segmented by component. It includes below Electronic Control Unit, Actuator and Switch. Electronic Control Unit segment is expected to dominate the electric parking brake market over the forecast period, regarding value, which accounted for more than 35% value share in 2017.
The section – electric parking brake market analysis, by vehicle type comprehensively analyzes the market by vehicle type in which electric parking brake are installed. The market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle. The segment, passenger car in electric parking brake market accounted for the highest market share of more than 45% in 2017.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
The electric parking brake grips the automobile on the ground road or hill road and widely utilized for emergency stops. Electric parking brake has very few number of components and can be actuates with the help of button, thus creating more space in the automobile cabin. Electric parking brake can be accommodated into in any type of vehicle with different size and power capacity.
Ask for sample link here: https://www.factmr.com/connectus/sample?flag=S&rep_id=2536
Increased consumer inclination towards traveling safety, comfort, convenience and stability in the vehicles has up surged the demand for electric parking brake. The main benefit of utilizing electric parking brake is that, it has electronic control unit, which can be assimilated with the other vehicle system to empower advanced functioning. The electronic parking brake does not implies any use of mechanical components such as brake lever and rope which decreases the interior cabin space is eventually subjected to increase the demand for electric parking brake in future.
The electronic parking brake is weightless, compact in size which henceforth enhances the fuel economy and reduce carbon emission. The vehicle OEMs are emerging with different innovative technologies to advance the performance of the electric parking brake system, reduce cost, weight and size. Technological advancement and an introduction of electric and hybrid vehicles are majorly anticipated to propel the electric parking brake market over the forecast period across the globe. However, the high cost of Electric Parking Brake and environmental regulation to curb the carbon emission is subjected to hamper the market growth over the forecast period. However, the growth of the market is expected to face hindrance due to the high cost of the electric parking brake and lack of skilled technicians for the electronic system in vehicle.
Browse Full Report at: https://www.factmr.com/report/2536/electric-parking-brake-market
This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to electric parking brake manufacturers looking to enter the market. Main regions assessed in this report include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East & Africa (MEA).
Global Electric Parking Brake Market: Segmentation
The sections, by type, component, vehicle type, and sales channel in the electric parking brake market evaluate the present scenario as well as growth prospects of the regional electric parking brake market for 2018–2027. The APEJ electric parking brake market has been estimated to dominate the global electric parking brake market by value owing to the phenomenal rise in the sales of passenger vehicles, accounting for a maximum revenue share of the market by 2017 end. Europe and North America electric parking brake markets are expected to account for over 35% collaborative revenue share, of the global electric parking brake market by 2027 end. Among the emerging markets, the MEA electric parking brake market is estimated to exhibit a significant CAGR of more than 7.5% over the forecast period, followed by Japan with a CAGR of about 7.0%.
To provide in-depth insights into the pattern of demand for the electric parking brake market, the market is segmented by type. It includes Electric-Hydraulic Caliper System and Cable-Pull System. Electric-Hydraulic Caliper System segment is expected to dominate the electric parking brake market over the forecast period, regarding value, which accounted for more than 65% value share in 2017.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2536
To provide in-depth insights into the pattern of demand for the electric parking brake market, the market is segmented by component. It includes below Electronic Control Unit, Actuator and Switch. Electronic Control Unit segment is expected to dominate the electric parking brake market over the forecast period, regarding value, which accounted for more than 35% value share in 2017.
The section – electric parking brake market analysis, by vehicle type comprehensively analyzes the market by vehicle type in which electric parking brake are installed. The market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle. The segment, passenger car in electric parking brake market accounted for the highest market share of more than 45% in 2017.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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