Electronic Parking Brake System Market Size, Share, Industry, Analysis by 2032

The electronic parking brake (EPB) system market is projected to be USD 4.70 billion by 2032 from USD 2.51 billion in 2025 at a CAGR of 9.4%. The market is driven by the rapid adoption of brake-by-wire technologies, tighter global safety and crash regulations mandating advanced braking systems, and OEM strategies to standardize EPBs in mid-range and electric vehicles to enhance cabin space and integration with ADAS features. Suppliers are also advancing compact actuator modules and integrated control units that reduce weight and cost, making EPBs viable for mass-market models, while rising demand for automation-ready braking systems aligns with autonomous and EV platform architectures.

Technology advancements in the EPB are centered on the shift from traditional cable-pull and electro-hydraulic solutions to fully electro-mechanical brake-by-wire systems, enabling seamless integration with vehicle stability, ADAS, and autonomous driving functions. For instance, in June 2025, Astemo introduced its electro-mechanical brake-by-wire system, branded “Smart Brake”, at North American industry showcases, marking its commercial debut in the region. Modern EPB units feature smart actuators with embedded sensors and microcontrollers, allowing real-time diagnostics, predictive maintenance, and fail-safe operations. Advancements in miniaturized motor-drive systems and low-voltage architectures are reducing energy consumption, while suppliers are developing compact modular EPB actuators tailored for EV platforms to optimize packaging and weight. Additionally, integration with drive-by-wire ecosystems is paving the way for coordinated braking control across autonomous and connected vehicles, enhancing both safety and system efficiency.

The US holds the largest market share in the North American electronic parking brake system market, driven by the rapid adoption of advanced braking technologies in high-volume vehicle segments such as SUVs, crossovers, and premium sedans. Recent model launches like the 2025 Ford Explorer and Chevrolet Traverse have integrated EPB as standard to meet evolving safety and convenience expectations, while luxury brands, including Cadillac and Lincoln, continue to expand EPB fitment across their entire portfolios. Additionally, in April 2025, Brembo’s collaboration with Lucid Motors to supply advanced brake systems, including EPB integration, for Lucid Air models highlights the growing role of premium EVs in accelerating adoption. Dura Automotive Systems’ integration with Shiloh Industries strengthens the supply of lightweight, high-performance structural and brake components in the US market, supporting OEMs’ push for efficiency and electrification. This mix of mainstream adoption, luxury EV integration, and supplier innovation consolidates the US’ leadership in the regional EPB market.

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The battery electric vehicle (BEV) segment holds the largest market share in the EPB market, primarily because fully electric platforms rely heavily on advanced electronic systems that enhance safety, efficiency, and driving comfort. Recent BEV launches highlight this shift, with models like the Tata Harrier EV, introduced in June 2025, featuring an electronic parking brake with auto-hold as part of its modern driver assistance package; the BYD Seal 06 EV, unveiled in 2025, equipped with next-generation electronic systems integrated into its e-Platform 3.0 Evo; the Fangchengbao Tai 3, a compact crossover BEV launched in April 2025, which comes standard with EPB technology; and the Niutron NV, which incorporates automatic parking brake functions as part of its electronic braking suite. Thus, the BEV category is increasingly setting benchmarks for the adoption of EPB, reinforcing its dominance over PHEVs in this market segment.

The demand for actuators in the electronic parking brake system market is expected to grow at a significant rate during the forecast period, driven by their increasing adoption in both passenger and commercial vehicles as automakers transition from mechanical to electronic braking systems. Actuators are essential for translating electronic signals from the ECU into the mechanical force needed to clamp the brake pads, making them a core functional element of EPB. With the shift toward brake-by-wire technology, suppliers such as Continental, ZF Friedrichshafen, and Hitachi Astemo are developing compact, high-torque actuators with faster response times and lower power consumption to support advanced features like auto-hold, remote park assist, and integration with ADAS. Additionally, the rising penetration of electric and hybrid vehicles is fueling demand for more efficient actuator designs that can withstand higher duty cycles and regenerative braking loads, ensuring reliable performance under diverse operating conditions.

The EPB market presents strong opportunities as electrification, ADAS integration, and autonomy reshape braking systems, and players can tap these by developing compact caliper-integrated modules for EV platforms, embedding AI-driven diagnostics and OTA-enabled predictive maintenance to monetize services, and localizing production to capture growth in emerging markets like India and Southeast Asia. Leading EPB suppliers are actively advancing technology to align with EV, ADAS, and autonomous vehicle demands; for instance, Bosch rolled out a cloud-connected EPB with predictive maintenance in 2025, and Hyundai Mobis expanded production capacity while adding self-calibrating EPBs to its e-SUV lineup. These initiatives highlight how suppliers are blending hardware optimization with smart, connected features to meet OEM needs across EV, fuel cell, and autonomous platforms.

Key Players

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). These players have a global distribution network across Asia Pacific, North America, and Europe.

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