Electric Parking Brake System Market
Electric Parking Brake System Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Electric Parking Brake System Market Size and Growth
The Electric Parking Brake System market is experiencing robust growth, driven by increasing vehicle automation and safety standards. The market size is projected to reach approximately $8 billion by 2027, reflecting significant expansion. Key trends include advancements in technology and rising demand for eco-friendly automotive solutions, influencing consumer preferences and market dynamics.
Companies Covered
(Covid 19 Impact Covered)
◍ ZF TRW
◍ Continental
◍ Küster
◍ Dura
◍ Mando
◍ AISIN
◍ Hyundai Mobis
◍ Zhejiang Libang Hexin
◍ Wuhu Bethel
The Electric Parking Brake System Market features key players like ZF TRW, Continental, Küster, Dura, Mando, AISIN, Hyundai Mobis, Zhejiang Libang Hexin, and Wuhu Bethel. These companies innovate and enhance safety, contributing to market growth through advanced technology and increasing adoption in vehicles. Revenue examples include ZF TRW: $36.5 billion, Continental: $42.6 billion.
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Market Segmentation
By Application
Sedans
SUVs
Others
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By Product
Caliper Integrated EPB
Cable Puller EPB
Market Growth
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$ 5.40 Billion
