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Brake Drum Market, Global Outlook and Forecast 2023-2030

Brake Drum Market, Global Outlook and Forecast 2023-2030

  • Published on : 11 December 2023
  • Pages :72
  • Report Code:SMR-7873973

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Report overview

The drum brake uses a set of brake shoes to stop the vehicle, by applying the force against the drum wall. Brake shoes expand outward to apply a force against the rotating drum wall. The surface of the brake shoes that acts against the drum wall is known as the brake lining, and it is generally made up of asbestos. Drum brakes are utilized on a large-scale in the automotive industry and are also known as internal expanding shoe brakes.
This report aims to provide a comprehensive presentation of the global market for Brake Drum, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Brake Drum. This report contains market size and forecasts of Brake Drum in global, including the following market information:
Global Brake Drum Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Brake Drum Market Sales, 2018-2023, 2024-2030, (Units)
Global top five Brake Drum companies in 2022 (%)
The global Brake Drum market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Demand for drum brakes for automotive is increasing due to the increasing production of vehicles. The drum brake for automotive is majorly used in the commercial vehicles as it is a highly cost-effective brake type. The expansion of the disc brake market in last few years has affected the drum brake market for automotive, as disc brakes are comparatively more efficient and require less maintenance. Most passenger vehicles utilize disc brakes for the front wheels and drum brakes are used for the rear wheels. Expansion of the disc brake market is expected to hamper the drum brake market for automotive during the forecast period.
We surveyed the Brake Drum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Brake Drum Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Brake Drum Market Segment Percentages, by Type, 2022 (%)
Leading Trailing Shoe Brake
Dual Two Trailing Shoe Brake
Dual Two Leading Shoe Brake
Global Brake Drum Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Brake Drum Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Brake Drum Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Brake Drum Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Brake Drum revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Brake Drum revenues share in global market, 2022 (%)
Key companies Brake Drum sales in global market, 2018-2023 (Estimated), (Units)
Key companies Brake Drum sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF TRW
Mando Corporation
Akebono Brake Industry
Aisin Seiki
Continental
CBI
Nissin Kogyo
APG
Knorr-Bremse AG
XinYi
CCAG
TAIFENG
Outline of Major Chapters:
Chapter 1: Introduces the definition of Brake Drum, market overview.
Chapter 2: Global Brake Drum market size in revenue and volume.
Chapter 3: Detailed analysis of Brake Drum manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Brake Drum in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Brake Drum capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.