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Electronic Parking Brake (EPB) System Market Size - By System, By Vehicles, By Component, By Sales Channel, By Propulsion, Growth Forecast, 2025 - 2034
Report ID: GMI11497
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Published Date: September 2025
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Report Format: PDF
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Authors: Preeti Wadhwani, Satyam Jaiswal
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Base Year: 2024
Companies covered: 25
Tables & Figures: 170
Countries covered: 27
Pages: 220
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Electronic Parking Brake (EPB) System Market
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Electronic Parking Brake System Market Size
The global electronic parking brake (EPB) system market size was estimated at USD 5.9 billion in 2024. The market is expected to grow from USD 6.3 billion in 2025 to USD 13.7 billion in 2034, at a CAGR of 9.1% according to latest report published by Global Market Insights Inc.
The electronic parking brake system market is advancing with the growing focus on vehicle safety, automation, and electrification. EPB systems are replacing traditional handbrakes, offering better control, space efficiency, and compatibility with advanced driver assistance systems (ADAS).
Rising regulatory mandates and demand for automated safety features are driving EPB adoption in passenger cars, SUVs, and electric vehicles. OEMs are integrating EPBs to provide auto-hold, incline detection, and electronic emergency braking for smoother braking experiences.
The electronic parking brake (EPB) system market was valued at USD 5.3 billion in 2022 and is projected to exceed USD 11 billion by 2032, driven by lightweight vehicle structures and electrification trends.
Post-pandemic, the automotive industry is focusing on intelligent braking systems for efficiency. By 2025, OEMs plan to standardize EPBs in mid-range and premium segments with integrated safety features.
Post-pandemic, energy-efficient and low-emission mobility solutions have gained traction. By 2025, car manufacturers aim to introduce EVPs compatible with brake systems, regenerative braking, and ECUs to enhance safety and performance.
Innovation in the EPB market is driven by companies like ADVICS, AISIN, Continental, Hyundai Mobis, and Mando, focusing on compact actuators, software-driven modules, and wireless systems for better efficiency and integration. For instance, in November 2023, ADVICS launched new EPB actuator kits for easier installation, now used in over eight million vehicles globally and distributed by AISIN World Corp. of America.
Europe dominates the EPB system market due to strict EU regulations, ADAS adoption, and a strong OEM network, with Germany and France leading implementation in premium and mid-range cars. For instance, In April 2025, ADVICS partnered with a German manufacturer to launch a next-gen EPB actuator with auto-hold, wireless control, and ECU integration for improved braking and automation.
Asia-Pacific is the fastest-growing EPB market, driven by electrification, rising vehicle numbers, and safety demands. For instance, in March 2025, Hyundai Mobis launched a compact EPB module in South Korea for lightweight EVs with advanced features.
13% Market Share
Collective market share in 2024 is Collective Market Share is 42%
Electronic Parking Brake System Market Trends
Electronic Parking Brake System Market Analysis
Based on system, electronic parking brake system market is segmented into cable-pull systems, electric-hydraulic caliper systems, caliper integrated EPB and Others. The caliper integrated EPB segment dominates the market with 48% share in 2024, and the segment is expected to grow at a CAGR of 10% from 2025 to 2034.
Based on vehicles, electronic parking brake system market is divided into passenger cars, commercial vehicles and electric vehicles. Passenger cars segment dominated the market, accounting for around 60% in 2024 and is expected to grow at a CAGR of 9.4% from 2025 to 2034.
Based on component, the electronic parking brake system market is segmented into electronic control units (ECU), actuators, sensors, switches & wiring harnesses and others. The electronic control units (ECU) segment is expected to dominate the market owing to its high reliability, compact design, and consistent performance.
Based on sales channel, the electronic parking brake system market is divided into OEM and aftermarket. OEM segment dominated the market accounting around 85% in 2024 and is expected to grow at a CAGR of 9.3% from 2025 to 2034.
Europe region dominated the electronic parking brake (EPB) system market with a market share of 35% in 2024.
The Germany electronic parking brake (EPB) system market was valued at USD 581.5 million and 614.2 million in 2021 and 2022, respectively. The market size reached USD 693 million in 2024, growing from USD 651.6 million in 2023.
Asia Pacific electronic parking brake system market accounted for USD 1.8 billion in 2024 and is anticipated to show lucrative growth of 9.2% CAGR over the forecast period.
China dominates the Asia Pacific electronic parking brake (EPB) system market, showcasing strong growth potential, with a CAGR of 9.5% from 2025 to 2034.
The North America electronic parking brake system market is anticipated to grow at a CAGR of 8.9% during the analysis timeframe.
The electronic parking brake (EPB) system market in US is expected to experience significant and promising growth from 2025 to 2034.
Brazil leads the Latin American electronic parking brake system market, exhibiting remarkable growth of 6.8% during the forecast period of 2025 to 2034.
UAE to experience substantial growth in the Middle East and Africa electronic parking brake (EPB) system market in 2024.
Electronic Parking Brake System Market Share
Electronic Parking Brake System Market Companies
Major players operating in the electronic parking brake (EPB) system industry are:
Electronic Parking Brake System Industry News
The electronic parking brake (EPB) system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Mn) and volume (Units) from 2021 to 2034, for the following segments:
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Market, By System
Market, By Vehicles
Market, By Component
Market, By Sales Channel
Market, By Propulsion
The above information is provided for the following regions and countries: