The electronic parking brake 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% during 2025–2032.
Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production of ICE vehicles are creating strong demand for electronic parking brakes, as they seamlessly integrate with electronic control units and support brake-by-wire functionalities. Key suppliers like Continental, ZF, Hyundai Mobis, ADVICS CO., LTD., Brembo Brake, and HL Mando are investing significantly in the development of modular EPB that reduce weight and improve reliability. For instance, in March 2025, ZF Friedrichshafen and Brembo will introduce a brake-by-wire system, replacing traditional hydraulic brakes with electronic components. These systems promise improved safety, faster response times, and reduced maintenance.
Passenger cars hold the largest market share in the electronic parking brake system market
As OEMs increasingly integrate the system into mid-range and premium models to enhance cabin aesthetics, improve driver convenience, and support advanced functions such as automated parking and hill-start assist, the passenger car segment is set to retain its dominant position in the market. European automakers such as BMW, Audi, and Mercedes-Benz have standardized EPB across most of their sedan and SUV lineups, while Asian players such as Hyundai-Kia and Toyota have extended adoption into high-volume models like the Tucson, Sonata, and Camry to strengthen safety and technology appeal. Further, Tata Harrier EV, launched in India in June 2025, features an impressive suite of modern technologies, including an electronic.
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“Premium class is projected to hold a significant market share during the forecast period.”
In premium class vehicles, there is a demand for higher levels of integration with advanced technologies such as brake-by-wire, automated parking systems, and adaptive cruise control, where EPB serves as a critical enabler. Models such as the BMW 5 Series, Audi A6, Mercedes-Benz E-Class, and Volvo S90 come with EPB as standard, not only to enable functions like auto-hold and hill-start assist but also to integrate seamlessly with ADAS systems that support autonomous parking, adaptive cruise braking, and remote park assist. Electrification in the luxury segment, exemplified by vehicles like the Mercedes EQE and BMW i7, has further reinforced EPB usage as it allows precise blending of regenerative and hydraulic braking. Also, OEMs benefit from the ease of integrating EPB into modern manufacturing assembly lines, which accelerates production efficiency and supports faster adoption. This alignment of EPB with automation, electrification, and premium design trends ensures its universal adoption in the E & F vehicle classes.
Europe is expected to be the fastest-growing market for electronic parking brake systems during the forecast period.
European OEMs are increasingly integrating EPB across mid-size and premium models to comply with Euro NCAP safety requirements and to support the design flexibility demanded by electric vehicle platforms. Leading suppliers such as Continental and ZF are rolling out next-generation EPB solutions that emphasize compact packaging, seamless electronic integration, and advanced diagnostics to reduce maintenance efforts and improve safety performance. For instance, 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 Europe, several commercial vehicle models are now equipped with electronic parking brake systems, including the Mercedes-Benz Actros, Volvo FH and FM series, Scania R- and S-series, MAN TGX, Iveco S-Way, and DAF XF and XG trucks, reflecting OEM efforts to enhance driver convenience, safety, and ADAS integration in the heavy-duty and long-haul segment.
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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