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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
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 carâs 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. Letâs 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.
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.
MG Hector to feature Electronic Parking Brake - In addition to Electronic Parking Brake with Auto Hold function, the MG Hectorâs 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-Wulingâs 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.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |