Electric Parking Brake Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By System Type:

Based on system type, the market is segmented into cable pull system and caliper integrated system.

Trends in the system type:

• Increasing adoption of caliper integrated system due to its compact and efficient design, improved performance, and increased convenience.
• There is a rising trend towards integration of electronic parking brake system for automatic engagement and disengagement of parking brake.

The caliper integrated system segment accounted for the largest revenue share in the overall market in 2024, and it is anticipated to register a substantial CAGR growth during the forecast period.

• A caliper integrated electronic parking brake system refers to a modern braking solution that combines the functions of a traditional brake caliper with the electric parking brake mechanism in a single, integrated unit.
• The caliper is equipped with electric components that directly apply pressure to the brake pads when activated. This integration allows for a more compact and efficient design, as well as improved performance.
• For instance, Continental AG offers caliper integrated electronic parking brake in its product offerings. The caliper integrated electronic parking brake features premium gear concept with high efficiency, lower power consumption, high clamp forces (up to 20kN), increased durability, and others.
• According to the electric parking brake market analysis, the rising advancements associated with caliper integrated electronic parking brake system are driving the electric parking brake market growth.

By Component:

Based on component, the market is segmented into electronic control unit, actuators, electric motors, spindle, and others.

Trends in the component:

• Increasing trend towards adoption of electronic control unit to centralize control over various functions of the electronic parking brake.
• Rising advancements associated with EBP actuators for quicker engagement or disengagement of parking brakes.

Electronic control unit segment accounted for a significant revenue share in the total electric parking brake market share in 2024.

• Electronic control unit is a primary component of electronic parking brake system, which receives inputs from the vehicle and manages operations of the parking brake.
• Moreover, electronic control unit centralizes control over various functions of the electronic parking brake, making it easier to manage and optimize its performance.  
• For instance, in November 2024, Marelli launched its new electronic control unit that is specifically designed for vehicle control applications.
• According to the analysis, the rising advancements associated with electronic control unit are driving the electric parking brake market trends.

Actuator segment is anticipated to register substantial CAGR growth during the forecast period.

• Actuator refers to an essential component that converts electrical signals from the control unit into mechanical movement to engage or disengage the brake.
• Electric actuators provide precise control over the brake application force, leading to consistent and reliable braking performance, which enables electronic parking brakes to engage or disengage more quickly than traditional mechanical systems, in turn enhancing driver control and safety.
• For instance, in November 2023, ADVICS expanded its brake system product portfolio, with the launch of its EPB actuator kits. The EPB actuator kits can be attached to the vehicle’s caliper and automatically engage the parking brake.
• Therefore, the increasing innovations associated with EPB actuator are expected to propel the market during the forecast period.

By End-Use:

Based on the end use, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.

Trends in the end-use:

• Factors including the rising disposable income, growing demand for luxury cars, and progressions in autonomous driving systems are among the primary factors driving the passenger cars segment.
• Increasing integration of electronic parking brakes in passenger cars for automatic parking brake engagement/disengagement, stability control, and improved performance.

Passenger cars segment accounted for the largest revenue share of 69.67% in the overall electric parking brake market share in 2024.

• Passenger cars refer to multi-track vehicle with at least two axles, intended for the carriage of passengers and designed to seat maximum nine individuals including the driver.
• Electronic parking brake is primarily used in modern passenger cars for facilitating a broad range of functionalities including parking brake engagement and disengagement, hill hold assist, auto-parking functionality, and driver assistance features such as emergency brake assist, brake force distribution, and others.
• For instance, according to International Organization of Motor Vehicle Manufacturers, the total passenger car production in North America reached up to 3,025,512 units 2023, witnessing an increase of 14% as compared to 2022.
• According to the analysis, the rising production of passenger cars is driving the electric parking brake market size.

Light commercial vehicles segment is anticipated to register a significant CAGR during the forecast period.

• Electronic parking brakes are often used in light commercial vehicles (LCVs) due to their convenience, safety features, and integration capabilities.
• In LCVs, electronic parking brakes are typically activated and deactivated using a button or switch, making it easier for drivers to control, particularly during frequent stops and starts.
• For instance, according to International Organization of Motor Vehicle Manufacturers, the total production of light commercial vehicles in Europe reached up to 2,203,861 units 2023, representing an incline of 13% in comparison to 2022.
• Therefore, the increasing development of light commercial vehicles is expected to propel the market growth during the forecast period.