Increasing the logistics sector have led to an increase in sales of Electric Parking Brake in the global trucks market
The major factors responsible for the growth of electric parking brake market are stringent government regulations regarding road safety, growing adoption of automated vehicle technology, upsurge in the demand for driver assisted systems, and increasing demand for fuel efficient vehicles. The utilization of electronic control unit (ECU) along with integration of other electric components such as rear camera in the vehicle offers maximum safety to the driver and passenger, which further increases the growth of Electric Parking Brake Market . Increasing demand for safety, luxury, convenience increases the demand for electric parking brake market. However, high cost of electric parking brake and lack of skilled technician staff to asses or install the system is subjected to hinder the growth of the market. An electric parking brake is installed in an automotive to stop or holds the vehicle on the flat ground or hill roads. The vital advantage of using electronic parking bra...