Vehicles Electronic Parking Brake (EPB)
Market
Vehicles Electronic Parking Brake (EPB) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Vehicles Electronic Parking Brake (EPB) Market Size and Growth
The Vehicles Electronic Parking Brake (EPB) market is experiencing significant growth, driven by advancements in automotive technology and increasing safety regulations. The global market size is projected to reach approximately $8 billion by 2025, with a compound annual growth rate (CAGR) of around 10% as manufacturers adopt EPB systems for enhanced vehicle performance.
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Companies Covered
(Covid 19 Impact Covered)
◍ ZF
◍ Continental
◍ Chassis Brakes International
◍ Küster
◍ Aisin
◍ Mando
◍ Hyundai Mobis
◍ Zhejiang Libang Hexin
◍ Wuhu Bethel Automotive
The Vehicles Electronic Parking Brake (EPB) Market features key players like ZF, Continental, and Aisin, employing innovative solutions to enhance vehicle safety and convenience. These companies drive market growth through technological advancements and expanding product offerings. Sales revenues for select firms include:
- ZF: $45 billion
- Aisin: $36 billion
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Market Segmentation
By Application
Sedans
SUVs
Others
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By Product
Caliper Integrated EPB
Cable Puller EPB
Market Growth
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$ X Billion USD
