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
- Rising Production of Automobiles
- Electric Parking Brake is Replacing The Conventional Hand Brake
- The high Cost Associated With The Product
Major Automotive Companies Expanding Their Product Portfolios Coupled With Rising Pace of Development in Infrastructure
Players Covered in the Study 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)
List of players that can be included in the study on immediate basis are Mando (Korea), Brembo (Italy), F-TECH (Japan), LISI Group (France) and Nissin Kogyo (Japan).