Market Highlights: Car Handbrake is also known as the parking brake and e-brake or emergency brake which is been used to keep vehicle stationery and sometimes prevent the vehicle from rolling when both of the foot is on clutch and throttle. Basically, a direct mechanical linkage is available for operating the hand braking function. Mostly preferred in the rear wheel but some of the cases found in front wheel also. In the present system, there is a usage of dual brake circuits. Factors like positive macro-economic environment across the major automotive hubs and rising passenger vehicle production due to the growing disposable incomes are influencing the whole. However, due to the low priced counterfeit products available in the market, there is hampering in the growth The market study is being classified by Type (Electric Brake and Mechanical Brake), by Application (Passenger Car, Two-Wheeler, Light Commercial Vehicle and Medium & Heavy Commercial Vehicle) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Car Handbrake are WABCO (Belgium), Hitachi Automotive Systems (Japan), TRW Automotive (United Kingdom), Dura Automotive Systems (United States), Continental AG (Germany), ZF Friedrichshafen AG (Germany), ADVICS (Japan), Continental (Germany), Magna International (Canada) and Aisin Seiki (Japan).
WABCO Holdings Inc., a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, unveiled its innovative OnHand electro-pneumatic parking brake control for trucks and buses. WABCO’s OnHand, featuring unique valve engineering and advanced mechatronics, marks the commercial vehicle industry’s first stand-alone parking brake control and supplies yet another technological building block toward autonomous driving
Key Questions Answered in the Report What will the Car Handbrake Market size and the growth rate be in Future? What are the key factors driving the Car Handbrake Market? What are the key market trends and macro-economic impacting the growth of the Car Handbrake Market? What are the challenges to market growth? Who are the key vendors in the Car Handbrake Market? What are the market opportunities and threats faced by the vendors in the Car Handbrake Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Car Handbrake Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Car Handbrake market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Car Handbrake market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Car handbrake manufacturers and other stakeholders, Automobile OEMs, Associations, organizations, forums and alliances related to automotive industry, Government bodies such as regulating authorities and policy makers and Market research and consulting firms. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.