Market Overview:
The global handbrake lever market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The global handbrake lever market is segmented on the basis of type, application, and region. On the basis of type, it is divided into pull squeeze, pull twist, and others. The pull squeeze segment dominates this market owing to its easy operability and low installation cost as compared to other types available in this market. On the basis of application, it is classified into passenger vehicle and commercial vehicle segments respectively. Passenger vehicles account for a larger share in terms of revenue as compared to commercial vehicles due To increase In demand for luxury cars globally .Regionally speaking ,the global handbrake levermarket Is dominated by North America followed by Europe Asia Pacificand Latin America respectively .
Product Definition:
A handbrake lever is a brake lever that is operated by hand. It is used to apply the brakes to a vehicle, typically when it is parked. The handbrake lever can also be used to hold the vehicle in place when it is stopped on a hill.
Pull Squeeze:
The pull squeeze is a technique used to increase the force applied in order to accelerate or brake a vehicle. It's named as such because of the way it works; The driver applies some pressure with his/her hand on the steering wheel, which causes an increase in resistance inside the car, and this helps bring everything back to normal when he/she releases the pressure. This process can be done continuously without any adverse effects on either driver or passengers.
Pull Twist:
The pull- twist is a method of securing the end of a cable to make sure it does not come loose from its connection. It can be used in handbrake lever, headlight switch or any other part that needs to have tight connections. The method works by having two wires connected at one end and then passed through an enclosed 'C' shaped piece (the pull-stretch) before being attached to the desired location on the car body.
Application Insights:
Passenger vehicle application segment led the global handbrake lever market and accounted for more than half of the revenue share in 2017. The demand is generally higher in developed regions such as North America and Europe. Handbrake is used to slow down a car or a van without using its gears, thus providing safety while parking or driving on uneven grounds. Moreover, increasing number of sports utility vehicles (SUVs) has increased the demand for handbrakes due to their high stopping power owing to which this device has become popular among drivers globally.
The commercial vehicle application segment is expected witness significant growth over the forecast period owing to rising adoption of heavy-duty trucks across various industries including mining, construction and transportation among others globally Handbrake provides additional security while loading/unloading goods from trucks at night time as well as during foggy weather conditions thereby boosting its usage rate across commercial vehicles worldwide.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to increasing demand for passenger and commercial vehicles. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rising disposable income, improving standard of living, growing population, and increasing automotive production in emerging countries such as China and India. Moreover, supportive government policies are anticipated to boost automobile sales over the coming years. For instance, according with OICA statistics; total motor vehicle production increased by 3% annually from 2010-11 through 2013-14 on account of various incentives provided by Indian Government such as 100% FDI under automatic route (USD X million) and 100% FDI under direct route (USD X million).
Growth Factors:
- Increasing demand for handbrake levers in the automotive industry as a result of rising safety concerns and stringent government regulations.
- Growing popularity of manual transmission vehicles, which require handbrake levers for proper operation.
- Rapid advancements in brake technology, which has led to increased demand for handbrake levers that provide better performance and functionality.
- Rising consumer awareness about the importance of using a handbrake lever while driving, especially in slippery conditions or on hilly roads.
- Increasing number of aftermarket suppliers offering customized handbrake lever designs to meet the specific needs of different vehicle types and applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Handbrake Lever Market Research Report
By Type
Pull Squeeze, Pull Twist, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
ZF Friedrichshafen AG, AB SKF, Continental AG, Electronic Mobility Controls, Toshiba Electronic Devices & Storage Corporation, KÜSTER Unternehmensgruppe, Brembo, AISIN SEIKI Co., Ltd., Allegro MicroSystems, LLC, MANDO-HELLA Electronics Corp., WABCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Handbrake Lever Market Report Segments:
The global Handbrake Lever market is segmented on the basis of:
Types
Pull Squeeze, Pull Twist, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZF Friedrichshafen AG
- AB SKF
- Continental AG
- Electronic Mobility Controls
- Toshiba Electronic Devices & Storage Corporation
- KÜSTER Unternehmensgruppe
- Brembo
- AISIN SEIKI Co., Ltd.
- Allegro MicroSystems, LLC
- MANDO-HELLA Electronics Corp.
- WABCO
Highlights of The Handbrake Lever Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pull Squeeze
- Pull Twist
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handbrake Lever Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Handbrake lever is a control on the Handbrake application that allows the user to change the speed of video encoding.
Some of the major companies in the handbrake lever market are ZF Friedrichshafen AG, AB SKF, Continental AG, Electronic Mobility Controls, Toshiba Electronic Devices & Storage Corporation, KœSTER Unternehmensgruppe, Brembo, AISIN SEIKI Co., Ltd., Allegro MicroSystems, LLC, MANDO-HELLA Electronics Corp., WABCO.
The handbrake lever market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handbrake Lever Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Handbrake Lever Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handbrake Lever Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Handbrake Lever Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Handbrake Lever Market Size & Forecast, 2020-2028
4.5.1 Handbrake Lever Market Size and Y-o-Y Growth
4.5.2 Handbrake Lever Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pull Squeeze
5.2.2 Pull Twist
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handbrake Lever Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Handbrake Lever Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pull Squeeze
9.6.2 Pull Twist
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pull Squeeze
10.6.2 Pull Twist
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pull Squeeze
11.6.2 Pull Twist
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pull Squeeze
12.6.2 Pull Twist
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pull Squeeze
13.6.2 Pull Twist
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Handbrake Lever Market: Competitive Dashboard
14.2 Global Handbrake Lever Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF Friedrichshafen AG
14.3.2 AB SKF
14.3.3 Continental AG
14.3.4 Electronic Mobility Controls
14.3.5 Toshiba Electronic Devices & Storage Corporation
14.3.6 KÜSTER Unternehmensgruppe
14.3.7 Brembo
14.3.8 AISIN SEIKI Co., Ltd.
14.3.9 Allegro MicroSystems, LLC
14.3.10 MANDO-HELLA Electronics Corp.
14.3.11 WABCO
