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    US Electric Parking Brake Market

    ID: MRFR/AM/13544-HCR
    100 Pages
    Sejal Akre
    October 2025

    US Electric Parking Brake Market Research Report By System Type (Cable Pull System, Electric-Hydraulic Caliper Systems) and By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle, Heavy Commercial Vehicle) - Forecast to 2035

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    US Electric Parking Brake Market Infographic
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    US Electric Parking Brake Market Summary

    The US Electric Parking Brake market is poised for substantial growth, projected to reach 3784 USD Million by 2035.

    Key Market Trends & Highlights

    US Electric Parking Brake Key Trends and Highlights

    • The market valuation is expected to grow from 455 USD Million in 2024 to 3784 USD Million by 2035.
    • The compound annual growth rate (CAGR) for the market from 2025 to 2035 is estimated at 21.24%.
    • This rapid growth indicates a strong demand for electric parking brake systems in the automotive sector.
    • Growing adoption of electric parking brakes due to increasing vehicle safety regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 455 (USD Million)
    2035 Market Size 3784 (USD Million)
    CAGR (2025-2035) 21.24%

    Major Players

    Aisin Seiki, ZF Friedrichshafen, Haldex, TRW Automotive, Continental, Hitachi Astemo, WABCO, Advanex, Kongsberg Automotive, Magna International, Robert Bosch, Denso Corporation, Mando Corporation, Brembo, Dura Automotive Systems

    US Electric Parking Brake Market Trends

    The US Electric Parking Brake Market is experiencing significant growth due to several market drivers. One of the key drivers is the increased focus on vehicle safety and convenience, as electric parking brakes offer enhanced functionality, reducing the risk of accidents related to manual systems. Moreover, the rising adoption of advanced driver-assistance systems (ADAS) is contributing to market growth. Modern vehicles increasingly integrate electric parking brakes with these systems, making them not only a safety feature but also a means to improve overall driving experience in urban environments.

    Opportunities in the US market include the rising demand for electric and hybrid vehicles, which often utilize advanced braking systems like electric parking brakes.With government policies favoring the transition to greener transportation, automotive manufacturers are seeking innovative solutions to meet these regulations, thereby driving the demand for electric parking brakes that align with eco-friendly initiatives. Additionally, the increasing popularity of connected cars presents an opportunity for integrating electric parking brakes with smart technologies, enhancing their functionality and appeal.

    Trends in recent times show a growing preference for electric parking brakes among consumers, especially as they provide easier operation and space-saving advantages compared to traditional mechanical systems.The US automotive sector is witnessing a shift towards electric powertrains, making electric parking brakes more common in new vehicle models. As automakers continuously work to improve vehicle design and safety, the integration of electric parking brakes into new models is likely to increase, reflecting a significant trend towards modernization in the US automotive industry.

    Overall, the market is poised for further development with advancements in technology and changing consumer preferences focusing on safety and convenience.

    Market Segment Insights

    US Electric Parking Brake Market Segment Insights:

    US Electric Parking Brake Market Segment Insights:

    Electric Parking Brake Market System Type Insights

    Electric Parking Brake Market System Type Insights

    The US Electric Parking Brake Market showcases a diverse range of system types that play a crucial role in modern automotive braking solutions. Within this segment, the Cable Pull System is prominent due to its simplicity, reliability, and mechanical advantages, enabling cost-effective vehicle designs without compromising safety. This system not only ensures a steady performance but also allows for easy maintenance and repair, which appeals to both manufacturers and consumers alike. In contrast, Electric-Hydraulic Caliper Systems have gained traction due to their precision and response time, improving vehicle dynamics and control under varying driving conditions.

    Their sophisticated design integrates modern technology with hydraulic efficiency, catering to the growing demand for smart and advanced automotive systems. Both types serve as pivotal components in enhancing user safety and driving experience, reflecting the ongoing trends in the automotive industry towards automated functionalities and enhanced vehicle performance. Increasingly stringent safety regulations in the US further bolster the need for robust parking solutions, positioning these system types at the forefront of innovation in braking systems.

    As manufacturers increasingly focus on efficiency and performance, understanding the unique advantages of each electric parking brake system type is essential for driving future growth in the US Electric Parking Brake Market. The demand for advanced braking systems is further amplified by the rise of electric and autonomous vehicles, which require advanced technologies to optimize performance and safety. Consequently, automakers are concentrating their efforts on integrating these systems, contributing significantly to the overall evolution of the US automotive industry.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Electric Parking Brake Market Vehicle Type Insights

    Electric Parking Brake Market Vehicle Type Insights

    The US Electric Parking Brake Market is experiencing notable growth across various vehicle types, mainly categorized into Light Commercial Vehicles, Passenger Vehicles, and Heavy Commercial Vehicles. Light Commercial Vehicles are increasingly adopting electric parking brakes due to the rising need for efficiency and ease of use in urban environments. These vehicles primarily benefit from the advancement of technology that enhances safety and operational convenience. Passenger Vehicles represent a substantial part of the market, driven by consumer preferences for convenience and automated features in personal transportation.

    The integration of electric parking brakes in this segment supports the ongoing trend towards electric and hybrid vehicles, which require sophisticated braking systems for enhanced performance. Heavy Commercial Vehicles also play a significant role, where electric parking brakes improve reliability and loading efficiency, crucial for logistics operations across the US.

    The overall US Electric Parking Brake Market data reflects a shift towards these advanced systems, driven by regulatory support for safety standards and the increasing demand for sustainability in the automotive industry.As the market evolves, the segmentation showcases the importance of each vehicle type in adapting to new technologies, aligning with broader market growth and consumer needs.

    Get more detailed insights about US Electric Parking Brake Market Research Report — Global Forecast till 2035

    Key Players and Competitive Insights

    The US Electric Parking Brake Market is characterized by a highly competitive landscape, driven by advancements in automotive technology, increasing focus on safety features, and the need for enhanced convenience in vehicle operation. As the automotive industry shifts towards electrification and automation, electric parking brakes are gaining traction due to their ability to provide better control and functionality compared to traditional mechanical systems. The market is populated with various players vying to establish robust footprints, fueled by innovation, strategic collaborations, and responsiveness to consumer demands.

    The evolving regulatory environment, aiming for stringent safety compliance and emissions reduction, further influences the competitive dynamics within this sector. The interconnected nature of these factors creates a vibrant and continually evolving marketplace where companies strive to outperform each other.In the US Electric Parking Brake Market, Aisin Seiki stands out as a key player with a significant market presence enhanced by its comprehensive range of innovative products that cater to diverse automotive needs.

    The company leverages its expertise in mechanical engineering and design to produce high-quality electric parking brake systems that comply with evolving safety regulations and consumer trends. Aisin Seiki’s strengths lie in its commitment to research and development, allowing it to remain at the forefront of technological advancements and customer requirements. The robust supply chain and extensive distribution network established by Aisin Seiki ensure consistent availability and reliability of its products across the US, making it a preferred choice among automakers looking for performance and dependability.

    ZF Friedrichshafen is another integral company within the US Electric Parking Brake Market, known for its diverse portfolio of products and services that cater to automotive safety and security. The company delivers advanced systems aimed at improving vehicle dynamics and enhancing driver experience, including cutting-edge electric parking brake solutions. ZF Friedrichshafen’s strength is deeply rooted in its technological prowess and its ability to innovate, which positions it favorably within the competitive landscape.

    The company’s proactive approach towards mergers and acquisitions has expanded its reach and product offerings in the US market, allowing it to capture a larger share of the automotive components market. Its targeted strategy in increasing market penetration and customer engagement reveals ZF Friedrichshafen's commitment to excelling in the electric parking brake domain, solidifying its reputation as a trusted supplier within the US automotive industry.

    Key Companies in the US Electric Parking Brake Market market include

    Industry Developments

    Recent developments in the US Electric Parking Brake Market reflect a growing emphasis on technological advancements and safety features in the automotive sector. Companies such as Aisin Seiki, ZF Friedrichshafen, and Continental are innovating with electric parking brake systems that enhance vehicle performance and ensure compliance with stringent safety regulations. Notably, in July 2023, ZF Friedrichshafen completed the acquisition of a key technology firm, reinforcing its market position and expanding its electric parking brake offerings.

    In addition, partnerships between manufacturers like Hitachi Astemo and Brembo have emerged, focusing on integrating smart technologies in braking systems, which further indicates a shift towards automation and improved user experience.

    The market has witnessed steady growth, bolstered by increased consumer demand for electric vehicles, leading to an expected valuation upswing. The expansion of charging infrastructure and heightened awareness of environmental sustainability are also contributing to this market growth. Key players, including Robert Bosch and Denso Corporation, continue to invest in Research and Development to cater to evolving market expectations and regulatory requirements, highlighting the dynamic landscape of the US Electric Parking Brake Market.

    Market Segmentation

    Outlook

    • Light Commercial Vehicle
    • Passenger Vehicle
    • Heavy Commercial Vehicle

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 380.16(USD Million)
    MARKET SIZE 2024 455.0(USD Million)
    MARKET SIZE 2035 3784.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 21.236% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Aisin Seiki, ZF Friedrichshafen, Haldex, TRW Automotive, Continental, Hitachi Astemo, WABCO, Advanex, Kongsberg Automotive, Magna International, Robert Bosch, Denso Corporation, Mando Corporation, Brembo, Dura Automotive Systems
    SEGMENTS COVERED System Type, Vehicle Type
    KEY MARKET OPPORTUNITIES Growing demand for advanced safety features, Increasing adoption of electric vehicles, Rising consumer preference for automation, Implementation of stringent safety regulations, Expansion of smart city infrastructure
    KEY MARKET DYNAMICS Technological advancements, Growing automotive safety regulations, Increasing electric vehicle adoption, Rising demand for space efficiency, Enhanced driver convenience features
    COUNTRIES COVERED US

    FAQs

    What is the projected market size of the US Electric Parking Brake Market in 2024?

    The US Electric Parking Brake Market is expected to be valued at 455.0 million USD in 2024.

    What is the expected market size for the US Electric Parking Brake Market by 2035?

    By 2035, the US Electric Parking Brake Market is projected to reach a value of 3,784.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Electric Parking Brake Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 21.236% from 2025 to 2035.

    Which segment of the US Electric Parking Brake Market is expected to have the largest value by 2035?

    The Electric-Hydraulic Caliper Systems segment is expected to reach a value of 2,524.0 million USD by 2035.

    What is the market value for the Cable Pull System in the US Electric Parking Brake Market in 2024?

    In 2024, the Cable Pull System segment is expected to be valued at 150.0 million USD.

    Who are the key players in the US Electric Parking Brake Market?

    Major players in the market include Aisin Seiki, ZF Friedrichshafen, Haldex, and Continental among others.

    What are the key growth drivers for the US Electric Parking Brake Market?

    Increasing demand for advanced vehicle technology and safety features are primary growth drivers for the market.

    What challenges might the US Electric Parking Brake Market face in the coming years?

    Challenges may include high manufacturing costs and the need for regulatory compliance in safety standards.

    What opportunities exist for growth in the US Electric Parking Brake Market?

    There are opportunities in the development of innovative braking systems and integration with electric vehicle technologies.

    How is the current global economic scenario impacting the US Electric Parking Brake Market?

    The global economic scenario may affect supply chains and material costs, thus impacting the overall market dynamics.

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