Electronic Parking Brake System Market Size & Outlook, 2026-2034

Electronic Parking Brake System Market Overview

The global electronic parking brake system market size is valued at USD 5.3 billion in 2025 and is estimated to reach USD 10.56 billion by 2034, growing at a CAGR of 8.9% during the forecast period. Consistent growth of the market is supported by the rising adoption of advanced braking technologies across modern vehicles, the increasing shift toward electric and autonomous vehicle platforms, and the integration of drive-by-wire and safety automation systems, which enhance driver convenience, reduce mechanical complexity, and improve overall vehicle safety performance.

Key Market Trends & Insights

• North America dominated the market with a revenue share of 34.86% in 2025.
• Asia Pacific is anticipated to grow at the fastest CAGR of 10.24% during the forecast period.
• Based on vehicle type, the Passenger Cars segment held the highest market share of 58.71% in 2025.
• By electronic parking brake type, the Full Electric Drive-by-Wire Systems segment held the highest market share of 42.36% in 2025.
• Based on component, the Electronic Control Unit (ECU) segment is estimated to register the fastest CAGR of 9.58% during the forecast period
• The U.S. dominates the electronic parking brake system market, valued at USD 1.78 billion in 2024 and projected to reach USD 1.93 billion in 2025.

Table: U.S Electronic Parking Brake System Market Size (USD Million)

Source: Straits Research

Market Size & Forecast

• 2025 Market Size: USD 5.3 billion
• 2034 Projected Market Size: USD 10.56 billion
• CAGR (2026-2034): 8.9%
• Dominating Region: North America
• Fastest-Growing Region: Asia Pacific

The global market covers an extensive array of sophisticated braking technologies like cable-pull systems, electric-hydraulic caliper systems, full electric drive-by-wire solutions, and other electronically actuated solutions for improving car safety and driver comfort. These systems combine important components like electronic control units (ECUs), actuators, electronic latches, switches, sensors, and wiring harnesses with integrated software for smart control and diagnostics. EPB systems are used across various vehicle segments, such as passenger vehicles, light commercial vehicles, and electric vehicles (BEVs, PHEVs, FCEVs), providing accurate braking performance, space efficiency, and integration with ADAS and stability control systems. Increasing automotive electrification, regulatory requirements for safety, and the trend toward intelligent, drive-by-wire braking architectures on global automotive platforms drive the market.

Latest Market Trends

Transition to Intelligent Braking Architectures

The automotive world is increasingly moving away from traditional handbrake levers towards seamless electronic braking architectures that allow for precise, software-managed actuation. Hand-cable-based architectures are being superseded by intelligent electronic modules that can self-adjust, monitor wear, and be remotely activated. Such transition facilitates automation in today's automobiles, thus facilitating integration with advanced driver assistance systems (ADAS) like hill-hold assist, automatic parking, and collision mitigation. Increased implementation of drive-by-wire technology is redefining vehicle dynamics, eliminating mechanical complexity, and enhancing overall vehicle driving safety and comfort.

Convergence with ADAS and Autonomous Vehicle Platforms

New-generation EPB systems are no longer isolated modules they are integrated into the overall electronic landscape of the car. Manufacturers are combining EPB modules with ADAS features like adaptive cruise control, lane-keeping assist, and emergency braking. This interconnectedness improves situational consciousness and allows for predictive braking reaction in semi-autonomous and autonomous vehicles. The combination of EPB with electronic stability control (ESC) and brake-by-wire technologies is one important step toward fully digitalized braking networks optimized for automation and autonomous mobility.

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Market Driver

Government Policies Regarding Vehicle Safety Standardization

Government regulatory bodies in large automotive markets are requiring advanced braking technology within vehicle safety standards, stimulating EPB uptake significantly. The European Union's General Safety Regulation (EU) 2019/2144, effective from July 2024, requires all new car models to incorporate automated braking functionality and driver assistance systems, indirectly encouraging EPB uptake. In the same vein, the U.S. National Highway Traffic Safety Administration (NHTSA) is broadening its safety specifications to cover electronic control components enhancing parking and emergency braking dependability. These government initiatives are forcing mass standardization of EPB systems in passenger vehicles and light commercial trucks, generating long-term market momentum.

Market Restraint

Integration Complexity on Legacy Vehicle Platforms

The key restraints in the electronic parking brake system market is the integration complexity with conventional hydraulic and mechanical braking architectures. As opposed to new electric or hybrid platforms optimized for digital control systems, older vehicle models have to undergo significant changes to support EPB modules and ECUs. More than 58% of the cars driving on European roads are older than 10 years, and hence structurally incompatible with all-electronic braking layouts, as reported by the European Automobile Manufacturers' Association (ACEA). This incompatibility creates pressure for OEMs and Tier-1 suppliers to hold two separate production lines one for traditional mechanical brakes and another for electronic brakes adding engineering expense and hindering mass EPB roll-out throughout the global fleet.

Market Opportunity

Growing Demand for Modular Brake-by-Wire Architectures

The increasing trend toward modular car architecture is creating new possibilities for electronic parking brake system makers. Auto makers are standardizing chassis control modules across a broader range of vehicle segments—from compact vehicles to electric SUVs—enabling EPB suppliers to provide scalable, plug-and-play braking solutions. Modular architecture streamlines vehicle assembly and permits quicker model launches with less rework. As international OEMs embrace flexible vehicle architectures to reduce development cycles, suppliers of configurable EPB systems that harmonize seamlessly across different load capacities and drive types are poised to realize considerable competitive advantage. The trend underlines EPB technology as a central enabler for the advancement of flexible, software-based automotive platforms.

Regional Analysis

North America led the market in 2025 with a share of 34.86% of the worldwide market. This is due to the region's robust automotive manufacturing ecosystem, ubiquitous use of advanced driver assistance systems (ADAS), and swift adoption of electronic braking technologies in passenger as well as commercial vehicles. Local auto manufacturers are more and more emphasizing electrification and regulatory body-specified safety compliance standards, which has sped up the transition towards fully electronic parking brake architectures. Robust aftermarket support, high end-user awareness levels about vehicle safety, and increased popularity of SUVs and electric vehicles further strengthen the region's position as a market leader in the global market.

The United States electronic parking brake system market is experiencing steady growth with rising demand for technology-savvy vehicles having smart braking systems. Major automotive original equipment manufacturers are investing in the creation of modular electronic brake control units and software-based braking systems to enhance system reliability and minimize mechanical complexity. The nation is also seeing a robust transition to autonomous-ready braking modules for future mobility platforms. In addition, local producers are establishing partnerships with semiconductor and sensor firms to create more precise electronic control, security, and connectivity within braking systems for vehicles. Such developments, in addition to increasing adoption of EVs and improved safety standards, are all together creating the steady expansion of the electronic parking brake system market throughout the United States.

Asia Pacific Market Insights

Asia Pacific is becoming the most rapidly growing market, growing at a CAGR of 10.24% between 2026–2034, led by growing automotive production and electrification strategies in China, Japan, India, and South Korea. Regional automakers are actively adopting EPB systems to replace traditional mechanical brakes in mass-market as well as premium vehicle segments. Growing EV infrastructure, along with the availability of low-cost component providers, is also contributing to adoption. Moreover, increasing investments in intelligent mobility, sophisticated sensor manufacturing, and car safety innovation initiatives are driving EPB penetration in local automotive markets around the world.

The electronic parking brake system market in India is booming as the nation's emphasis on premium vehicle segments and policies encouraging localized automotive electronics manufacturing gain traction. Local OEMs are collaborating with international Tier-1 companies to incorporate efficient, compact EPB modules in future electric and hybrid vehicles. The advent of homegrown safety features focusing on smart braking and hill-hold control systems has added to EPB adoption. Additionally, increasing auto R&D facilities and collaborative development schemes for domestic production of actuators and ECUs are making India a potential growth driver in regional EPB innovation and export potential.

Regional Market share (%) in 2025

Source: Straits Research

Europe Market Insights

Europe is experiencing steady growth in the electronic parking brake system market on account of the advanced automobile engineering capabilities of the region, high safety regulations, and increasing shift toward fully electric and hybrid vehicles. The growing adoption of compulsory vehicle safety regulations under the European Union's General Safety Regulation (GSR) is prompting OEMs to adopt sophisticated braking technology like electronic parking brakes (EPBs) for functional safety and driver assistance purposes. Additionally, European automobile manufacturers are investing significantly in light-duty electronic actuators and combined control units to improve efficiency and minimize CO₂ emissions. The region’s growing demand for premium and luxury vehicles, particularly in markets such as Germany, France, and Italy, further supports EPB adoption, as consumers increasingly value safety, comfort, and automation in vehicle design.

Germany’s electronic parking brake system market growth is propelled by its leading role in vehicle electrification and intelligent mobility innovation. Key automobile manufacturers in the nation are quickly adopting EPB modules on electric and plug-in hybrids to enhance system efficiency, increase driver comfort, and optimize interior space in vehicle body design. Joint development programs between German OEMs and Tier-1 suppliers are emphasizing software-based calibration, predictive maintenance, and noise reduction strategies in the braking system. Also, the increasing number of EV assembly units and localized ECUs and actuator production is also speeding up domestic component production. The increasing demand for automated braking and drive-by-wire systems in high-performance vehicles is also further enhancing Germany's reputation as an advanced EPB system innovation hub in Europe.

Latin America Market Insights

The Latin American electronic parking brake system market is evolving with regional car makers upgrading braking systems to meet global safety and emission regulations. Brazil, Mexico, and Chile are increasingly installing EPB technology in mid-range vehicles as part of their transition to intelligent mobility and enhanced vehicle control systems. The local availability of regionally manufactured electronic braking modules by indigenous suppliers is improving cost competitiveness and decreasing import dependence. Besides, the embracement of smart manufacturing technology and digital supply chain management in Latin American auto factories is promoting broader EPB adoption in domestic and export vehicle models.

The electronic parking brake system market in Brazil is growing as a result of the fast expansion of its electric and flex-fuel vehicle segments. Local carmakers are implementing EPB systems to comply with changing safety certification standards and customer expectations for convenience and comfort. Collaborations between automakers and component suppliers are facilitating the localization of EPB subassemblies such as actuators and electronic control modules. Increasing popularity of compact SUVs and crossovers with electronic braking and hill-hold assist features is boosting demand. In addition, personal R&D expenditures for the purpose of creating low-cost electronic brake parts optimized for tropical environments are enhancing Brazil's role in regional automotive innovation ecosystem.

Middle East and Africa Market Insights

Middle East and Africa electronic parking brake system market is growing with an increase in the awareness of vehicle safety and imports of luxury vehicles in Gulf and African economies. Launch of region-specific car safety standards and joint ventures with international OEMs are encouraging the adoption of EPB technology in electric vehicle and premium segment levels. Increased investment in high-end automotive electronics assembly and sensor calibration facilities in the UAE, Saudi Arabia, and South Africa is also facilitating technology development and penetration of regional markets.

South Africa's market is experiencing growth with the support of growing automotive exports and upgrading domestic vehicle manufacturing. Domestic assembly plants are incorporating EPB-equipped models for export compliance and to facilitate global alliances. Growing investments in skill development and technology transfer schemes are facilitating the inclusion of electronic control modules and actuators in locally manufactured vehicles. Further, the nation's emphasis on establishing an EV-capable infrastructure and embracing smart braking technologies is fortifying its role as an emerging force in Africa's changing automotive safety and innovation environment.

Vehicle Type Insights

The Passenger Cars segment led the market with a revenue contribution of 58.71% in 2025. This is fueled by the universal adoption of advanced electronic parking brake systems across mid-range and premium passenger vehicles, which are combined with driver assistance features like auto-hold and hill-start assist for increased safety and convenience.

The Electric Vehicles segment is expected to witness the highest CAGR of about 17.29% through the forecast period. The growth is spurred by increasing production and adoption of electric vehicles, which are largely dependent on electronic systems such as electronic parking brakes for effortless integration with electronic control units and brake-by-wire capabilities.

By Vehicle Type Market Share (%), 2025

Source: Straits Research

Electronic Parking Brake Type Insights

Full Electric Drive-by-Wire Systems segment captured the largest market share of 42.36% in 2025 since it allows for full electronic control without mechanical cables or hydraulic aid, enhancing reliability and response time. The compactness of the system's architecture and its integration with sophisticated advanced driver assistance systems (ADAS) and autonomous features have spurred its uptake by leading automakers. In addition, its lower maintenance requirements, light weight, and superior safety performance are further contributing to segmental expansion.

The Electric-Hydraulic Caliper Systems division is anticipated to experience the highest growth over the forecast period based on its capability to integrate traditional hydraulic mechanisms with contemporary electronic control. Growth in application across mid-range vehicles, coupled with the continuous evolution in actuator design and system performance, is set to trigger adoption of the hybrid solution, thereby driving segmental growth.

Component Insights

Electronic Control Unit (ECU) segment is expected to have the highest CAGR of 9.58% through the forecast period, with the increasing use of intelligent control systems that improve braking accuracy, fault detection, and vehicle safety. With the adoption of electronic architectures and autonomous features in vehicles, ECUs are at the forefront of management of communication between braking modules, sensors, and actuators. Increased demand for computer-controlled braking systems and sophisticated diagnostic functions is further driving segmental expansion.

Competitive Landscape

The global electronic parking brake system market is moderately concentrated with dominant automotive technology suppliers having deep portfolios of products, strong R&D, and close relationships with prominent OEMs. The firms are concentrating on system integration, light-weighting materials, and software-based control technologies to consolidate their position in the market and cater to changing vehicle safety and electrification requirements.

The key companies in the market are ZF Friedrichshafen AG, Continental AG, Robert Bosch GmbH, and others. These market leaders are vying with the creation of sophisticated actuator designs, drive-by-wire brake modules, and smart ECUs that are compatible with automated and electric vehicle platforms. Joint ventures with EV makers, local production growth in regions, and innovative digital calibration software are at the core of their growth plans.

Valeo Group: An emerging market player

Valeo Group, a French automaker systems supplier, made great leaps recently in the international Electronic Parking Brake (EPB) system market.

• In October 2025, at the EQUIP AUTO Paris 2025 event, the company revealed that its “remanufactured EPB calipers” product line would be expanded across its aftermarket division, serving more than 1,500 new sensor-and-actuation references by 2026 highlighting its push into EPB components and services beyond first-fit OEMs.

Thus, Valeo became a significant contributor to the world EPB market, banking on its aftermarket strategy, fix-it caliper offerings, and expanded EPB portfolio for capturing service-lifecycle value and retrofit possibilities.

List of key players in Electronic Parking Brake System Market

1. Continental AG
2. Robert Bosch GmbH
3. ZF Friedrichshafen AG
4. Aisin Corporation
5. Hyundai Mobis
6. Mando Corporation
7. Denso Corporation
8. Wabco Holdings (ZF Group)
9. Hitachi Astemo Ltd.
10. Valeo SA
11. Brembo S.p.A.
12. Nissin Kogyo Co., Ltd.
13. TRW Automotive (ZF Group)
14. ADVICS Co., Ltd.
15. Knorr-Bremse AG
16. Akebono Brake Industry Co., Ltd.
17. Hella GmbH & Co. KGaA
18. Brembo China Automotive Systems
19. Continental Teves GmbH
20. AKEBONO North America
21. Others

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Strategic Initiative

• July 2025: ZF Friedrichshafen AG brought to market its comprehensive “Brake-by-Wire” portfolio, marking an expansion of its EPB/Electronic Parking Brake systems into next-generation software-defined vehicles.
• June 2025: Continental AG signed a deal (via its Automotive segment) to divest its drum-brake/parking-brake production site in Italy (Cairo Montenotte) to Mutares SE & Co. KGaA, a deal valued at about €100 million of revenues in 2025, in order to sharpen focus on electric braking and integrated friction solutions including EPB.
• April 2025: Nexteer Automotive launched its next-generation Electro-Mechanical Brake (EMB) system a modular brake-by-wire architecture which replaces hydraulic/mechanical linkages, enabling integrated wheel-by-wire actuation and “motion-by-wire” chassis control.
• February 2025: Robert Bosch GmbH revealed its new hydraulic brake-by-wire system (which underpins EPB integration) after a successful 3,300 km public-road test.