The global automotive park brake lever (handbrake) market, currently valued at USD 480.2 million, is expected to reach USD 722.6 million by 2032, growing at an impressive CAGR of 10.1% from 2022 to 2032. Governments worldwide are promoting the development of electric vehicles, which is expected to drive the growth of the automotive park brake …
Tag Archives: Automotive Park Brake Lever (Handbrake) Market Revenue
Automotive Park Brake Lever (Handbrake) Market Current Trends, Issues, Challenges, Demand, Size
Automotive park brake lever or commonly known as automotive handbrake or emergency brake helps in preventing the vehicle to move once it is being parked. Automotive Park Brake Lever (Handbrake) is one of the mandatory component of the vehicle. Automotive Park Brake Lever (Handbrake) can be of two types conventional lever and the electronic parking brake (button …