Drum Brake Market for Automotive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Drum Brake Market for Automotive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Machines

Report Description

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Drum Brake Market for Automotive: 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.

Drum Brake Market for Automotive: Drivers and Restraints

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.

Drum Brake Market for Automotive Key Segments

The global drum brake market for automotive can be segmented based on shoe type, sales channel, vehicle, and region.

Based on brake shoe, the drum brake market for automotive can be classified into three categories. Among all types the leading and trailing shoe types drum brake is most widely used in the automotive industry. In this type, leading shoe applies the greater braking force and the trailing shoe receives lower braking force. Due to its ability to act effectively while moving in forward as well as reverse direction it is preferred over other types.

In terms of sales channel, the drum brake market for automotive can be segregated into different categories. Among all the segments of sales channel, the OEM segment comprises drum brakes directly fetched by the OEMs from the manufacturers. OEM segment is the leading segment  among the sales channel category, other segment of the drum brakes for automotive is expanding at a significant growth rate due to the high dependency of society on automobiles and the higher usage of vehicles, which in turn leads to rapid wearing of the brake linings.

Based on vehicle type, the drum brake market for automotive can be segmented into three segments among which the commercial vehicle segment is expanding at significant rate. The commercial vehicles segment can be further split into light commercial vehicles and heavy commercial vehicles. The drum brake market for automotive is expected to contract during the forecast period due to the increasing demand for disc brakes in society whereas the commercial vehicles segment witnesses the high usage of drum brakes due to their lower cost and with the large diameter of truck wheels, it is convenient to design an effective drum brake with the required large diameter to meet the regulations for brake.

In terms of region, the drum brake market for automotive can be segmented into five major regions. The drum brake market for automotive in Asia Pacific is leading and expanding due to the higher production of vehicles in the region followed by the North America which is a major producer of the commercial vehicles. However, the market in Europe is expected to contract due to rising preference toward disc brakes even for commercial vehicles.

Drum Brake Market for Automotive: Key Players

Key players operating in the global drum brake market for automotive include Aisin Seiki Co., Ltd, Akebono Brake Industry Co., Ltd., Continental AG, Brembo S.p.A., Federal-Mogul Corporation, TRW Automotive, Haldex Group, and Hella Pagid GmbH.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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