Automotive Park Brake Lever (Handbrake) Market Analysis and Forecast to 2031: By Lever Type (Pull-twist Handgrip Lever, Pull-press-button Hand-Lever, Pull-squeeze Pistol-grip Hand-lever, Others), Functionality Type (Conventional, Electric), Vehicle Type (Conventional Vehicles, Passenger Car, Compact Cars, Others), and Region
An automotive park brake lever is a lever located in the center console of a vehicle that is used to engage the parking brake. The parking brake is a mechanism that prevents the vehicle from rolling when it is not in motion. The parking brake lever is typically engaged by pulling on the lever with the hand. The parking brake lever is released by pushing on the lever with the hand.
Key Trends
Some of the key trends in automotive park brake lever technology include the development of more compact and lightweight designs, the integration of sensors and other electronics, and the use of alternative materials such as composites.
Compact and lightweight designs are becoming increasingly popular as they offer space and weight savings. This is especially important in electric and hybrid vehicles where every gram counts.
The integration of sensors and other electronics is another trend that is gaining traction. This allows the park brake lever to be used as part of a more comprehensive safety system. For example, some systems can automatically apply the parking brake if the vehicle is left unattended on an incline.
The use of alternative materials such as composites is another area that is seeing some innovation. These materials offer a number of advantages over traditional metals, including being lighter and more corrosion resistant.
Key Drivers
The automotive park brake lever (handbrake) market is primarily driven by the rising demand for safety features in vehicles. In addition, the growing popularity of SUVs and crossovers is also expected to fuel the growth of the market. Moreover, the increasingly stringent government regulations regarding vehicle safety are also expected to propel the growth of the market.
Restraints & Challenges
Automotive Park Brake Lever (Handbrake) market is expected to grow due to the increasing demand for safety features in vehicles. However, the key restraints and challenges in this market are the high cost of installation and lack of awareness among consumers.
The cost of installing an automotive park brake lever can be quite high, depending on the vehicle make and model. This can be a challenge for consumers who are not aware of this safety feature. Additionally, lack of awareness among consumers about the benefits of an automotive park brake lever can also challenge market growth.
Market Segmentation
The Automotive Park Brake Lever (Handbrake) Market is segmented by lever type, functionality, vehicle type, and region. By lever type, the market is divided into pull-twist handgrip lever, pull-press-button hand-lever, pull-squeeze pistol-grip hand-lever, and others. By functionality, the market is bifurcated into conventional and electric. By vehicle type, the market is classified into conventional vehicles, passenger car, compact cars, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Automotive Park Brake Lever (Handbrake) Market are SKF, Ficosa Internacional SA, Hitachi, Ltd., Continental AG, ZF Friedrichshafen AG, Robert Bosch GmbH, Eaton, BorgWarner Inc., AISIN, and The AEVIT.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Automotive Park Brake Lever (Handbrake) Market Outlook
3.1. Automotive Park Brake Lever (Handbrake) Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Automotive Park Brake Lever (Handbrake) Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Automotive Park Brake Lever (Handbrake) Market
4.3. Economic Impact Analysis
Chapter 5. Automotive Park Brake Lever (Handbrake) Market by Lever Type
5.1. Market Overview
5.2. Pull-twist Handgrip Lever
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Pull-press-button Hand-Lever
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Pull-squeeze Pistol-grip Hand-lever
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Others
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Automotive Park Brake Lever (Handbrake) Market by Functionality Type
6.1. Market Overview
6.2. Conventional
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Electric
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Automotive Park Brake Lever (Handbrake) Market by Vehicle Type
7.1. Market Overview
7.2. Conventional Vehicles
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Passenger Car
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Compact Cars
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Automotive Park Brake Lever (Handbrake) Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.2.3. North America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.2.4. North America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.2.5. North America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.2.6.2. The U.S. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.2.6.3. The U.S. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.2.7.2. Canada Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.2.7.3. Canada Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.2.8.2. Mexico Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.2.8.3. Mexico Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.3. Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.4. Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.5. Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.6.2. Germany Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.6.3. Germany Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.7.2. France Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.7.3. France Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.8.2. U.K. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.8.3. U.K. Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.9.2. Spain Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.9.3. Spain Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.10.2. Italy Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.10.3. Italy Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.4. Asia-Pacific Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.5. Asia-Pacific Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.6.2. China Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.6.3. China Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.7.2. India Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.7.3. India Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.8.2. Japan Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.8.3. Japan Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.9.2. South Korea Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.9.3. South Korea Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.5.3. Rest of the World Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.5.4. Rest of the World Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.5.5. Rest of the World Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.5.6.2. Latin America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.5.6.3. Latin America Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.5.7.2. Middle East Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.5.7.3. Middle East Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Lever Type, 2021-2031, ($Million)
8.5.8.2. Africa Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Functionality Type, 2021-2031, ($Million)
8.5.8.3. Africa Automotive Park Brake Lever (Handbrake) Market Size and Forecast by Vehicle Type, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. SKF
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Ficosa Internacional SA
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Hitachi, Ltd.
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Continental AG
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. ZF Friedrichshafen AG
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Robert Bosch GmbH
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Eaton
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. BorgWarner Inc.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. AISIN
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. The AEVIT
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segmentation
By Lever Type
- Pull-twist Handgrip Lever
- Pull-press-button Hand-Lever
- Pull-squeeze Pistol-grip Hand-lever
- Others
By Functionality Type
- Conventional
- Electric
By Vehicle Type
- Conventional Vehicles
- Passenger Car
- Compact Cars
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa