Global Electronic Parking Brake Sensors Market 2023-2030
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Global Electronic Parking Brake Sensors Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL ELECTRONIC PARKING BRAKE SENSORS MARKET

 

INTRODUCTION

Many modern cars have an Electronic parking brake sensors, a high-tech solution that removes the need for the classic lever in the cabin, with advantages in terms of both aesthetics and space. Exactly like the traditional handbrake, the Electronic parking brake sensors allows to lock the car’s wheels when it has come to a standstill. This prevents it from moving forwards or backwards on slopes. Therefore, the aim of it is the same but some practical and operational features are different. Let’s see what they are. 

 

When the handbrake is activated, the brake pads close to stop the car; conversely, when it is deactivated, the brake pads release. There are actually two types of Electronic parking brake sensors, one with hybrid technology and one full electric. Hybrid technology is halfway between a fully Electronic parking brake sensors and a traditional handbrake with a lever.

 

With the hybrid system, an electric motor performs the same function as the lever, combining the mechanics, i.e. the cables, and the electronics. The full Electronic parking brake sensors, on the other hand, has two motors that act on a mechanism connected to the brake callipers . This type of brake exerts more brake force but it is also more complex to control.

 

GLOBAL ELECTRONIC PARKING BRAKE SENSORS MARKET SIZE AND FORECAST

 

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The Global Electronic parking brake sensors market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

RECENT DEVELOPMENT AND INNOVATION

MG Hector to feature Electronic Parking Brake - In addition to Electronic Parking Brake with Auto Hold function, the MG Hector’s safety features should include dual-front airbags, front side airbags, disc brake on all four wheels, Electronic Stability Program, Vehicle Dynamic Control, Hydraulic Brake Assist, Hill Hold Control and Traction Control. Parking aids will include rear parking sensors and a360-degree camera.

 

he MG Hector is one of the four versions of SAIC-GM-Wuling’s latest C-SUV. Compared to the other three versions introduced under theBaojun,Chevroletand Wuling brands, the MG version is distinguished with a unique grille that is more akin to the Chinese-owned British brand in design.Spy shotshave shown some differences to the headlight clusters as well.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Electronic parking brake sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Electronic parking brake sensors and key vendor selection criteria
  3. Where is the Electronic parking brake sensors manufactured? What is the average margin per unit?
  4. Market share of Global Electronic parking brake sensors market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Electronic parking brake sensors in-house
  6. key predictions for next 5 years in Global Electronic parking brake sensors market
  7. Average B-2-B Electronic parking brake sensors market price in all segments
  8. Latest trends in Electronic parking brake sensors market, by every market segment
  9. The market size (both volume and value) of the Electronic parking brake sensors market in 2023-2030 and every year in between?
  10. Production breakup of Electronic parking brake sensors market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix