As customers’ inclination towards safe traveling, convenience, and automobile stability takes an upward swing, electric parking brakes continue to replace the traditional brakes in modern vehicles. Electric parking brakes offer valuable aspects, including internal appearance, durability, and space management to new-age automobiles. Further, electric parking brakes ensure abatement of energy consumption, as well as vehicle weight, thereby swiftly making forays into the automobile industry.
Electric parking brakes are easily compatible with all sorts of vehicles, regardless of size and power capacity. Carmakers are focusing on improving the safety of light commercial vehicles (LCV) and heavy commercial vehicles (HCV) with better versions of electric parking brakes. Such developments in the automotive bracket are transmuting the legacy vehicle designs, implying possibilities for advancements with the coming-of-age solutions in the sphere of electric parking brakes.
Realizing the growth outlook of electric parking brake systems, Persistent Market Research, in its new business intelligence study, suggests that the sales of electric parking brakes reached an equivalent of ~US$ 1.2 Bn in 2018 and the market is anticipated to grow at a healthy CAGR of ~12% over the forecast period 2019-2029. The growth is primarily attributed to the prominence of alternative powertrains – electric vehicles – integrated with essential power electronics in tandem with customers’ demand for safe driving vehicles. However, counterfeiting activities of vehicle parts tend to affect market growth.
Electric-Hydraulic Caliper Systems – Greater Modulation, Durability, and Stability
Electric-hydraulic caliper systems deliver enhanced system proficiency, better convenience for the drivers, and decreased plumbing expenses as compared to the run-of-the-mill cable-pull systems. Electric-hydraulic caliper systems offer greater modulation (single or dual pivot), and braking. In addition, the dual-pivot versions provide exceptional stopping capability. With decent brake pads, electric-hydraulic caliper systems work well in rainy conditions.
Electric-hydraulic caliper systems remain within consistent lubrication, implying that they undergo wear & tear at a considerably slower rate. As such, electric-hydraulic caliper systems offer greater durability against their legacy siblings. The fact that electric-hydraulic caliper systems are under low stress demands for lesser adjustment. Furthermore, the fluid cools the braking system, providing improved stability under heavy loads.
Passenger Vehicles Remain the Top Employer of Electric Parking Brakes Following Hill-Hold Feature and Lightweight Aspect
Electric parking brakes need significantly low physical intervention. The braking system requires minimal adjustment, unlike its conventional counterparts, offering free room inside the cabin, particularly at the center console. A majority of electric parking brakes retreat automatically in case the driver drags away, accompanied by an additional hill-hold feature. With automobile manufacturers turning to electric parking brakes at a sweeping rate, experts claim that the traditional handbrakes are on their last legs.
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Production and assembly of automobiles become straightforward for automotive engineers following the fact that electric parking brakes do not require handbrake lever and handbrake cables. In addition, the deployment of electric parking brakes ensures reduced weight versus mechanical parking brakes. Owing to the umpteen benefits, electric parking brakes are becoming commonplace in passenger vehicles (PV), especially SUVs and high-end cars.