Global Drum Brake Market Report By Product Type (Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake), By Market Type (OEM, After Market), By Vehicle Type (Passenger Car, Commercial Vehicle) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032
The global demand for Drum Brake Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.
A drum brake is a type of mechanical braking system used in vehicles, particularly in the automotive industry. It consists of a round drum-shaped housing, typically made of cast iron, that is mounted on a vehicle's wheel hub. Inside the drum, there are brake shoes that are pushed against the inner surface of the drum to create friction and slow down or stop the wheel's rotation.
The demand for drum brakes is closely tied to the production and sales of automobiles. As more vehicles are produced and sold worldwide, the demand for drum brakes as a key component of the braking system also increases. The size and age of the vehicle fleet also impact the drum brake market. As the vehicle fleet size grows and the average age of vehicles driven on the road increases, there is a higher demand for the replacement and maintenance of brake components, including drum brakes. Drum brakes are generally considered more cost-effective compared to other types of braking systems, such as disc brakes. They are relatively simple in design and construction, which makes them cheaper to manufacture and maintain. Therefore, cost-conscious consumers and manufacturers may choose drum brakes as a more affordable option.
Drum brakes are commonly used in certain types of vehicles, such as small cars, commercial vehicles, and off-road vehicles, where their durability and ability to handle high heat levels are advantageous. The demand for drum brakes in these specific vehicle segments may be driven by factors such as fleet replacement cycles, industry trends, and consumer preferences. Regulations and standards related to vehicle safety, emissions, and performance can impact the demand for drum brakes. For example, in some regions, drum brakes may be required to meet specific safety standards, which can drive their demand. Advancements in drum brake technology, such as improved materials, designs, and manufacturing processes, can drive the market by offering enhanced performance, durability, and efficiency.
Technological innovations that result in better braking performance, reduced maintenance requirements, and improved safety can positively impact the demand for drum brakes. The aftermarket demand for replacement and maintenance of brake components, including drum brakes, also drives the market. As vehicles age and require the replacement of worn-out or damaged brake components, the demand for drum brakes in the aftermarket segment may increase. Consumer preferences for specific types of braking systems, including drum brakes, can also drive the market. Some consumers may prefer vehicles with drum brakes due to their perceived reliability, durability, and lower cost compared to other braking systems.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of drum brake. The growth and trends of drum brake industry provide a holistic approach to this study.
This section of the drum brake market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
Leading Trailing Shoe Brake
Dual Two Trailing Shoe Brake
Dual Two Leading Shoe Brake
By Market Type
By Vehicle Type
This section covers the regional outlook, which accentuates current and future demand for the Drum Brake market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Drum Brake Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the drum brake market include Akebono Brake Industry Co., TRW Automotive, Aisin Seiki Co., Ltd, Federal-Mogul Corporation, Continental AG, Haldex Group, Brembo S.p.A., and Hella Pagid GmbH among others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . DRUM BRAKE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product Type
3.7.2 Market Attractiveness Analysis By Market Type
3.7.3 Market Attractiveness Analysis By Vehicle Type
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL DRUM BRAKE MARKET ANALYSIS BY PRODUCT TYPE
5.1 Overview by Product Type
5.2 Historical and Forecast Data
5.3 Analysis by Product Type
5.4 Leading Trailing Shoe Brake Historic and Forecast Sales by Regions
5.5 Dual Two Trailing Shoe Brake Historic and Forecast Sales by Regions
5.6 Dual Two Leading Shoe Brake Historic and Forecast Sales by Regions
6 . GLOBAL DRUM BRAKE MARKET ANALYSIS BY MARKET TYPE
6.1 Overview by Market Type
6.2 Historical and Forecast Data
6.3 Analysis by Market Type
6.4 OEM Historic and Forecast Sales by Regions
6.5 After Market Historic and Forecast Sales by Regions
7 . GLOBAL DRUM BRAKE MARKET ANALYSIS BY VEHICLE TYPE
Frequently Asked Questions (FAQs) about this Report
The global drum brake market is segmented by Product Type (Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake), by Market Type (OEM, After Market), by Vehicle Type (Passenger Car, Commercial Vehicle).
The leading players in the global drum brake market are Akebono Brake Industry Co., TRW Automotive, Aisin Seiki Co. Ltd, Federal-Mogul Corporation, Continental AG, Haldex Group, Brembo S.p.A., and Hella Pagid GmbH among others.