Growth in Automotive Sectors Expected to Drive Global Automotive Park Brake Lever Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Automotive park brake lever is commonly known as automotive handbrake or emergency brake that helps in preventing the vehicle to move once it is being parked. It is one of the mandatory component of the vehicle. It can be of two type’s conventional lever and electronic parking brake (button type). Conventional automotive park brake lever is well established in the global market while electronic automotive park brake lever is a luxury feature that provides more storage space between the front center consoles of the vehicle. According to study, “Global Automotive Park Brake Lever Market to reach USD XX billion by 2026” the key companies operating in the global automotive park brake lever market are ZF Friedrichshafen AG, AB SKF, Continental AG, Electronic Mobility Controls, Toshiba Electronic Devices & Storage Corporation, KÜSTER Unternehmensgruppe, Brembo S.p.A., AISIN SEIKI Co., Ltd., Allegro MicroSystems, LLC, MANDO-HELLA Electronics Corp., and WABCO. Key manufacturers are strategizing on latest technological innovations for instance brake-by-wire technology that considerably reduces the weight of the car and adoption of self-driving cars with technologically compatible components like electric parking brakes. However, counterfeit of automotive components, faulty electric parking brake lever systems, and long product life cycle of electric parking brake systems are affecting the growth of automotive park brake lever market landscape. The global automotive park brake lever market is sub-categorized into lever type, functionality type, vehicle type, and sales channel. Based on lever type, market is bifurcated as pull-squeeze pistol-grip hand-lever, pull-twist handgrip lever, push button, pull-press-button hand-lever and pull-press-button hand-lever. Based on functionality, market is bifurcated as electric automotive park brake lever and conventional automotive park brake lever. Based on vehicle type, market is bifurcated as light commercial vehicle, heavy commercial vehicle, compact cars, mid-sized cars, luxury vehicles, SUVs, passenger car, electric vehicle and others. In addition, based on sales channel, market is bifurcated as original equipment manufacturer (OEM) and aftermarket. OEM sales channel segment is likely to depict higher growth rate due to ease of implementation & rise in consumer preference and lower replacement rate of automotive park brake lever (handbrake) during the forecast period. The automotive park brake lever market is driven by increase in automotive sales and vehicle fleet, followed by rise in consumer demand for premium cars, rise in preference for sophisticated electronic system due to higher per capita income, increase in traction towards electric parking brakes with technological advancement, growth in electric vehicle market and increase in automotive sector. Moreover, growth in technological advancements and rise in safety awareness are key opportunities for market. Based on geography, the North-American region holds major share in global automotive park brake lever market owing to increase in automotive sectors, higher standard of living, increase in availability of well-developed infrastructure, rise in demand for luxury & premium class vehicles coupled with presence of key players in the region. Whereas, the Asian-Pacific and European regions are anticipated to exhibit higher growth rate due to stringent norms related to safety over the forecast period. In upcoming years, it is projected that future of the global market because of rise in demand for luxury cars during the forecast period. For More Information, Click on the Link Below:- Global Automotive Park Brake Lever Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: AB SKF Automotive Park Brake Lever Market Share, China Automotive Park Brake Lever Market, Continental AG Automotive Park Brake Lever Market Share, Europe Automotive Park Brake Lever Market, Ficosa International S.A Automotive Park Brake Lever Market Revenue, Global Automotive Park Brake Lever Industry, Global Automotive Park Brake Lever Industry Research Report, Global Automotive Park Brake Lever Market, Global Automotive Park Brake Lever Market Analysis, Global Automotive Park Brake Lever Market Challenges, Global Automotive Park Brake Lever Market Definition and Scope, Global Automotive Park Brake Lever Market Drivers, Global Automotive Park Brake Lever Market Forecast, Global Automotive Park Brake Lever Market Growth, Global Automotive Park Brake Lever Market Insights, Global Automotive Park Brake Lever Market Opportunities, Global Automotive Park Brake Lever Market Outlook, Global Automotive Park Brake Lever Market Research Report, Global Automotive Park Brake Lever Market Revenue, Global Automotive Park Brake Lever Market Share, Global Automotive Park Brake Lever Market Trends, India Automotive Park Brake Lever Market, Japan Automotive Park Brake Lever Market, US Automotive Park Brake Lever Market