Global Automotive Parking Lock Actuator Motor Market Growth 2025-2031

The global Automotive Parking Lock Actuator Motor market size is predicted to grow from US$ 868 million in 2025 to US$ 1206 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Automotive Parking Lock Actuator Motor is integrated in the electronic parking brake system EPB, converts electrical energy into mechanical energy, drives the brake caliper through the transmission mechanism to achieve parking brake, and realizes automatic locking and release of the parking lock. It has the characteristics of small size, high power density, large output torque, high speed, long life, low noise, and strong anti-electromagnetic interference ability.

The Electrical Park Brake (EPB) refers to the technology that integrates temporary braking during driving and long-term braking after parking, and realizes parking braking by electronic control. The electronic handbrake is a technology that realizes parking braking by electronic control. Its working principle is the same as that of the mechanical handbrake, and both brake by tightening the rear wheel brake shoe by cable.

There are two main types of automotive parking lock actuator motors. The caliper type is installed on the caliper, and a motor is installed on each of the two rear wheels. Its advantages are fast system response and the left and right wheels can be controlled separately. The disadvantage is high cost. The cable-type uses a motor to drive the two calipers of the motor through the cable, and its working mode is similar to that of the mechanical handbrake. Its advantage is that the cost is relatively low, and its disadvantage is that the response is relatively slow.

United States market for Automotive Parking Lock Actuator Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Automotive Parking Lock Actuator Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Automotive Parking Lock Actuator Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Automotive Parking Lock Actuator Motor players cover Mabuchi Motor, Continental, Keyang Electric Machinery, Johnson Electric, FULLING & CORPORATION, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Parking Lock Actuator Motor Industry Forecast” looks at past sales and reviews total world Automotive Parking Lock Actuator Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Parking Lock Actuator Motor sales for 2025 through 2031. With Automotive Parking Lock Actuator Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Parking Lock Actuator Motor industry.

This Insight Report provides a comprehensive analysis of the global Automotive Parking Lock Actuator Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Parking Lock Actuator Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Parking Lock Actuator Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Parking Lock Actuator Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Parking Lock Actuator Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Parking Lock Actuator Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Caliper Type
Pull Cable Type

Segmentation by Application:
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mabuchi Motor
Continental
Keyang Electric Machinery
Johnson Electric
FULLING & CORPORATION
Shenzhen ZHAOWEI Machinery & Electronics
QI Automotive

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Parking Lock Actuator Motor market?

What factors are driving Automotive Parking Lock Actuator Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Parking Lock Actuator Motor market opportunities vary by end market size?

How does Automotive Parking Lock Actuator Motor break out by Type, by Application?

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