Automotive Electric Parking Brake Market: An Insight On the Important Factors and Trends Influencing the Market
Electronic parking brake, a handbrake that is used to keep the vehicle stationary by applying the rear brakes electronically, is also known as electric parking brake. The system is considered as a part of the brake by wire system. The technology was developed in 2002 and installed in BMW’s 7 series model. The system consists of an ECU and actuator, which continuously applies the rear brakes in order to hold the vehicle stationary when parked. Moreover, it also resists the backward movement of the vehicle over a slope and reduces the chances of backward collisions. The system disengages the brake when the driver accelerates the vehicle. The electronic parking brake system is lightweight and easy to operate, as compared to the mechanical parking brakes. The conventional mechanical parking brakes comprise a hand lever and wires connected to the rear brakes. The driver has to pull a lever, which applies the brakes, in a conventional mechanical parking brake. The effort required to d...