Market Overview:
The global automotive brake drum market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial and passenger vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements in braking systems, and stringent government regulations are also contributing to the growth of this market. The global automotive brake drum market is segmented on the basis of type, application, and region. On the basis of type, it is divided into investment casting, sand casting,, and die casting segments. The investment casting segment is projected to grow at a higher CAGR during the forecast period owing to its properties such as high strength-to-weight ratio and excellent surface finish.
Product Definition:
A brake drum is a cylindrical metal component that forms the back side of a brake system's rotor. The brake drum mounts to the vehicle's wheel and provides a surface against which the brake shoes press to stop the rotation of the wheel. Brake drums are typically cast iron, but may also be made from aluminum or steel.
Investment Casting:
Investment casting is a type of metal casting in which the material is first melted and then poured into a mold to create an entire structure at once. The process helps in saving time, resources, and cost as compared to other processes like die-casting or pressure die-casting. Investment castings are used for manufacturing automotive brake drums mainly due to their high strength and corrosion resistance properties.
Sand Casting:
Sand casting is a type of metal casting process used to create molds for the production of sand-cast products. The most commonly used molding materials are sand, plaster and resin, and plastic. Sand casting involves the melting of metal in a sand mold which can be made from steel or other alloys depending on what is required by the company.
Application Insights:
The commercial vehicle segment accounted for the largest share of more than 60.0% in 2017 and is anticipated to maintain its lead over the forecast period. The demand for these drums in commercial vehicles, such as trucks, buses and coaches is expected to increase owing to their usage in brake systems that are required to provide safety and security on roads.
The passenger vehicle application segment was valued at USD 1.5 billion in 2017 owing to increasing sales of passenger cars across various regions including North America, Europe, Asia Pacific and Latin America. Growing concerns regarding road safety coupled with government initiatives promoting adoption of these vehicles are expected drive the demand for automotive brake drums over the forecast period thereby propelling growth across all regions.
Other applications include heavy-duty vehicles such as tankers, tractors etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to high demand from countries such as China, India, Japan, and South Korea. In addition, increasing sales of passenger vehicles in countries such as India and China are estimated to propel industry growth over the coming years.
The North American regional market captured a revenue share of more than 15% in 2017 on account of growing demand for improved braking efficiency from customers using commercial vehicles or passenger cars on a regular basis. The U.S.
Growth Factors:
- Increasing demand for automobiles: The global automotive brake drum market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for automobiles across the globe.
- Technological advancements: The introduction of new and innovative technologies in brake drums is projected to fuel the growth of this market during the forecast period.
- Rising awareness about safety features: There has been a rise in awareness among consumers about safety features in vehicles, which is anticipated to boost the demand for automotive brake drums during the forecast period.
- Stringent government regulations: Stringent government regulations with respect to vehicular safety are likely to propel the growth of this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Brake Drum Market Research Report
By Type
Investment Casting, Sand Casting, Die Casting
By Application
Commercial vehicle, Passenger vehicle
By Companies
Continental, Tenneco(Federal-Mogul), STEMCO, TRW, Aisin Takaoka, BPW, Brembo, Meritor, Accuride Wheel End Solutions, Sharp Group, Bendix, ACDelco, Webb, LPR, Centric, SJ, Brake Parts Inc, Dura Brake, Longji Machinery, Hongma, Fubang V-Ti, Winhere, AIRUI, JAC, Laizhou Sanli, Xiangyang Juxin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Brake Drum Market Report Segments:
The global Automotive Brake Drum market is segmented on the basis of:
Types
Investment Casting, Sand Casting, Die Casting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial vehicle, Passenger vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Continental
- Tenneco(Federal-Mogul)
- STEMCO
- TRW
- Aisin Takaoka
- BPW
- Brembo
- Meritor
- Accuride Wheel End Solutions
- Sharp Group
- Bendix
- ACDelco
- Webb
- LPR
- Centric
- SJ
- Brake Parts Inc
- Dura Brake
- Longji Machinery
- Hongma
- Fubang V-Ti
- Winhere
- AIRUI
- JAC
- Laizhou Sanli
- Xiangyang Juxin
Highlights of The Automotive Brake Drum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Investment Casting
- Sand Casting
- Die Casting
- By Application:
- Commercial vehicle
- Passenger vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Brake Drum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive brake drums are the drums that are used to stop a car. They have a number of pistons that push against the brake pads, which create friction and stop the car.
Some of the major companies in the automotive brake drum market are Continental, Tenneco(Federal-Mogul), STEMCO, TRW, Aisin Takaoka, BPW, Brembo, Meritor, Accuride Wheel End Solutions, Sharp Group, Bendix, ACDelco, Webb, LPR, Centric, SJ, Brake Parts Inc, Dura Brake, Longji Machinery, Hongma, Fubang V-Ti, Winhere, AIRUI, JAC, Laizhou Sanli, Xiangyang Juxin.
The automotive brake drum market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Brake Drum Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Brake Drum Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Brake Drum Market - Supply Chain
4.5. Global Automotive Brake Drum Market Forecast
4.5.1. Automotive Brake Drum Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Brake Drum Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Brake Drum Market Absolute $ Opportunity
5. Global Automotive Brake Drum Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Brake Drum Market Size and Volume Forecast by Type
5.3.1. Investment Casting
5.3.2. Sand Casting
5.3.3. Die Casting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Brake Drum Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Brake Drum Market Size and Volume Forecast by Application
6.3.1. Commercial vehicle
6.3.2. Passenger vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Brake Drum Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Brake Drum Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Brake Drum Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Brake Drum Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Brake Drum Demand Share Forecast, 2019-2026
9. North America Automotive Brake Drum Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Brake Drum Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Brake Drum Market Size and Volume Forecast by Application
9.4.1. Commercial vehicle
9.4.2. Passenger vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Brake Drum Market Size and Volume Forecast by Type
9.7.1. Investment Casting
9.7.2. Sand Casting
9.7.3. Die Casting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Brake Drum Demand Share Forecast, 2019-2026
10. Latin America Automotive Brake Drum Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Brake Drum Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Brake Drum Market Size and Volume Forecast by Application
10.4.1. Commercial vehicle
10.4.2. Passenger vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Brake Drum Market Size and Volume Forecast by Type
10.7.1. Investment Casting
10.7.2. Sand Casting
10.7.3. Die Casting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Brake Drum Demand Share Forecast, 2019-2026
11. Europe Automotive Brake Drum Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Brake Drum Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Brake Drum Market Size and Volume Forecast by Application
11.4.1. Commercial vehicle
11.4.2. Passenger vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Brake Drum Market Size and Volume Forecast by Type
11.7.1. Investment Casting
11.7.2. Sand Casting
11.7.3. Die Casting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Brake Drum Demand Share, 2019-2026
12. Asia Pacific Automotive Brake Drum Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Brake Drum Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Brake Drum Market Size and Volume Forecast by Application
12.4.1. Commercial vehicle
12.4.2. Passenger vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Brake Drum Market Size and Volume Forecast by Type
12.7.1. Investment Casting
12.7.2. Sand Casting
12.7.3. Die Casting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Brake Drum Demand Share, 2019-2026
13. Middle East & Africa Automotive Brake Drum Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Brake Drum Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Brake Drum Market Size and Volume Forecast by Application
13.4.1. Commercial vehicle
13.4.2. Passenger vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Brake Drum Market Size and Volume Forecast by Type
13.7.1. Investment Casting
13.7.2. Sand Casting
13.7.3. Die Casting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Brake Drum Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Brake Drum Market: Market Share Analysis
14.2. Automotive Brake Drum Distributors and Customers
14.3. Automotive Brake Drum Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tenneco(Federal-Mogul)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STEMCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TRW
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aisin Takaoka
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BPW
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brembo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Meritor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Accuride Wheel End Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sharp Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bendix
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ACDelco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Webb
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LPR
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Centric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SJ
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Brake Parts Inc
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dura Brake
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Longji Machinery
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hongma
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
