The electronic parking brake (EPB) system market is projected to reach USD 4.70 billion by 2032 from USD 2.51 billion in 2025 at a CAGR of 9.4%. The growth of the market is primarily driven by advancements in brake-by-wire technology, the integration of EPB with ADAS and electronic stability systems, and the shift from mechanical to electro-mechanical braking for improved safety and convenience. Increasing adoption of compact and modular EPB actuators, lightweight caliper designs, and integration with regenerative braking in EVs are also fueling demand, as OEMs leverage these technologies to enhance driver assistance, enable automated parking functions, and reduce overall system complexity.
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The electronic parking brake system market is dominated by key players such as ZF Friedrichshafen AG (Germany), Continental AG (Germany), Astemo, Ltd. (Japan), Brembo N.V. (Italy), and ADVICS Co., Ltd. (Japan), which are strategically positioning themselves to capitalize on this shift. These players have incorporated various organic and inorganic growth strategies, including collaborations, acquisitions, product launches, partnerships, agreements, and expansions, to strengthen their international footprint and capture a greater share in the hardware security modules market. These organic and inorganic strategies have allowed the market players to expand across geographies by offering electronic parking brakes.
In July 2025, ZF launched a comprehensive brake-by-wire (BBW) technology portfolio, offering flexible options, purely electric (dry), purely hydraulic, or hybrid systems—all designed to support up to Level 4 automated driving.
In April 2025, Brembo partnered with Lucid to provide brake calipers to Lucid Gravity, the highly anticipated SUV from the US-based electric vehicle manufacturer. With 828 horsepower in the Grand Touring version and excellent driving dynamics, Brembo’s high-performance brake calipers are an ideal match for Lucid’s first SUV.
ZF is one of the global leaders in electronic parking brake technology, having pioneered the motor-on-caliper brake nearly 25 years ago and surpassing 250 million units produced as of October 2024. Its EPB enhances fuel economy by reducing weight compared to mechanical park brakes and enables advanced functions like two-wheel anti-lock emergency stops and automatic hill-hold, improving driver safety and comfort. ZF’s sixth-generation EPB integrates seamlessly with other vehicle systems, supporting autonomous parking and advanced driver assistance systems (ADAS). Its comprehensive portfolio, including front and rear axle EPB applications, allows flexibility for various vehicle types, from subcompacts to light commercial vehicles. With over three billion brake components manufactured, ZF’s extensive experience and market dominance provide a strong foundation for innovation and reliability.
Brembo focuses on advancing brake-by-wire technologies for passenger vehicles, integrating its Sensify system with EPB to provide precise, wheel-specific braking control using AI, enhancing performance for electric and autonomous vehicles. They target premium and mid-range passenger car segments by offering compact, lightweight EPB that optimize cabin space and reduce vehicle weight, aligning with consumer demand for efficiency and comfort. Brembo invests significantly in R&D (5% of turnover) to develop sustainable, fluid-free EPB solutions, reducing brake dust emissions to comply with Euro 7 regulations, a key concern for passenger vehicles. Strategic partnerships with high-end automakers like Porsche and BMW strengthen their position in the premium market, while expanding aftermarket offerings with preassembled EPB kits ensure accessibility for passenger vehicle owners. Brembo also targets growing markets like the Asia Pacific to capture rising demand for advanced braking systems in passenger cars.
Market Ranking
The electronic parking brake system market remains consolidated, driven by technological leadership, OEM partnerships, and global presence. ZF Friedrichshafen AG, Continental AG, Astemo, Brembo, and ADVICS dominate the global electronic parking brake system market, collectively holding around 77–87% share, because they combine strong technological expertise with deep OEM relationships and global manufacturing presence. These suppliers were early movers in developing advanced EPB solutions such as integrated caliper systems, electro-mechanical actuators, and brake-by-wire compatible modules, enabling them to set industry benchmarks. Their long-standing partnerships with leading automakers across Europe, Asia, and North America ensure large-volume supply contracts, while their ability to offer scalable solutions for entry-level, mid-size, and premium vehicles gives them an edge over smaller competitors. Additionally, their continuous investment in R&D to enhance safety, reduce weight, and improve system integration with ADAS and EV platforms consolidates their leadership in the EPB market. The remaining 13–23% of the global EPB market is shared among other Tier-I stalwarts, including Hyundai Mobis, Aisin, and HL Mando Corp. This segment is inherently fragmented, with many companies capturing small slices of the market, often through localized OEM relationships, niche applications, or aftermarket replacement parts, particularly in fast-growing markets like Asia Pacific where adoption rates continue climbing.
Related Reports:
Electronic Parking Brake System Market by Type (Cable Pull, Electric-hydraulic Caliper, Brake-by-Wire System), Vehicle Class (A&B, C&D, E&F), Component (ECU, Actuator), Vehicle Type (PC, CV), EV Type, Sales Channel, and Region - Global Forecast to 2032
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