Electric Parking Brake Market Industry Outlook, Size, Growth Factors and Forecast 2029
Electric Parking Brake Market is expected to be 35% during the forecast period and the market size is expected to reach nearly US$ 44.13 Bn by 2027.
Soft Touch Lamination Film Market Overview:
For the global industry’s Soft Touch Lamination Film market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.
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Market Scope:
Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic data.
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Segmentation:
Based on the System Type, the Electric-hydraulic Caliper Systems segment held the largest share about 78%, and dominated the electric parking brake market in 2021. The segment is further expected to maintain its dominance at the end of the forecast period with the highest growth rate of about 11.8%. The largest share of the segment is attributed to the comfortable and safe driving experience and enhanced safety of drivers and vehicles. The cable puller design was popular and is still used, but the caliper-integrated design has gained popularity and will likely be preferred due to its simplicity during the forecast period. The EPB brake caliper also serves as the core part of the EPB, since it is fitted with an extra electric motor that works the electronic parking brake by applying pressure to the pistons via a transmission, placing pressure on the brake pads and discs. As a result, the parking brake takes up less space and is directly incorporated into the EPB brake caliper.
Key Players:
• Hyundai Mobis
• SKF Group
• Aisin Seiki Co., Ltd.
• Akebono Brake Industry Co., Ltd.
• Hitachi, Ltd.
• Toshiba Corporation
• Brembo S.p.A.
• Robert Bosch GmbH
• Sanken Electric Co., Ltd.apan)
• Cummins Inc. (US)
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Regional Analysis:
A country-level study of the Soft Touch Lamination Film Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Soft Touch Lamination Film Market study.
COVID-19 Impact Analysis on Soft Touch Lamination Film Market:
The study investigates macroeconomic data, market trends, underlying variables, and market attractiveness by segment. COVID-19 (Corona Virus) has an influence on the product industry chain, encompassing upstream and downstream markets, regions, and nations, as well as the future growth of the industry.
Key Questions Answered in the Soft Touch Lamination Film Market Report are:
- Which are the major players in the Soft Touch Lamination Film market?
- What key trends are likely to emerge in the Soft Touch Lamination Film market in the coming years?
- What will be the Soft Touch Lamination Film market size by 2027?
- Which company held the largest share in the Soft Touch Lamination Film market?
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