Market Overview:
The global drum brake market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, the growing awareness about safety features in vehicles is also propelling the growth of this market. The global drum brake market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into leading shoe brake, dual two trailing shoe brake, and dual two leading shoe brake. The leading shoe brake segment is expected to hold a major share of this market during the forecast period owing to its high efficiency and low cost as compared to other types of brakes available in this market. On the basis of application, it can be classified into passenger car and commercial vehicle segments.
Product Definition:
A brake that uses a drum to create friction and stop a vehicle. Drum brakes are typically found on older vehicles, as disc brakes have become more common in recent years. Drum brakes are still used because they are cheaper and simpler to manufacture than disc brakes.
Leading Trailing Shoe Brake:
Leading Trailing Shoe Brake (LTSB) is a safety device used to prevent the vehicle from moving forward if the brake pedal is released. It's primary function is to act as a backup in case of emergencies, such as when parking or when coming to a stop on an incline. The LTSB system works by engaging all four wheels and applying equal force through the shoes, which are attached to the rear drum.
Dual Two Trailing Shoe Brake:
Dual two trailing shoe brake is a safety device used to prevent the vehicle from moving forward when the brakes are applied. It is installed between the regular rear wheel and brake caliper, and works as an intermediary to stop vehicles that are in motion.
The dual two trailing shoe brake has been designed for use on vehicles that have rear drum brakes.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The application of the leading and trailing shoe type drums brake is most popular in passenger cars as they provide better control over vehicle dynamics, braking force and pedal feel as compared to other types of brakes. Moreover, increasing demand for lightweight vehicles with improved performance is expected to drive the market growth during the forecast period.
Commercial vehicles are projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for trucks and buses across end-use markets including construction, mining, agriculture and logistics among others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 3.6% over the forecast period, owing to increasing demand for passenger cars and light commercial vehicles. In North America, U.S.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 on account rising purchasing power parity (PPP) and improving economic conditions especially in developing countries such as China.
Europe also accounted for significant share followed by other regions such as Asia Pacific, Latin America,.
Growth Factors:
- Increasing demand for automobiles in developing countries is expected to drive the drum brake market growth during the forecast period.
- The increasing demand for fuel-efficient and low-emitting vehicles is also projected to boost the drum brake market growth over the next few years.
- Rising awareness about safety features in vehicles is also anticipated to propel the drum brake market growth in forthcoming years.
- The increasing number of replacement and aftermarket activities are also estimated to favor the Drum Brake Market Growth during forecast period 2017-2025 . 5) Growing inclination of consumers towards luxury and sports cars is likely to create new opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Drum Brake Market Research Report
By Type
Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake
By Application
Passenger Car, Commercial Vehicle
By Companies
ZF TRW, Mando, Akebono Brake, Aisin Seiki, Continental, CBI, Nissin Kogyo, APG, Knorr-Bremse, XinYi, ZF TRW, TAIFENG, Shandong Aoyou
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Drum Brake Market Report Segments:
The global Drum Brake market is segmented on the basis of:
Types
Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake
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
Passenger Car, Commercial 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:
- ZF TRW
- Mando
- Akebono Brake
- Aisin Seiki
- Continental
- CBI
- Nissin Kogyo
- APG
- Knorr-Bremse
- XinYi
- ZF TRW
- TAIFENG
- Shandong Aoyou
Highlights of The Drum Brake 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:
- Leading Trailing Shoe Brake
- Dual Two Trailing Shoe Brake
- Dual Two Leading Shoe Brake
- By Application:
- Passenger Car
- Commercial 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 Drum Brake 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A drum brake is a type of braking system used on vehicles. It is composed of two or more drums, each mounted on a pivot and connected by cables. When the driver applies the brakes, the drums rotate and cause a decrease in speed.
Some of the major players in the drum brake market are ZF TRW, Mando, Akebono Brake, Aisin Seiki, Continental, CBI, Nissin Kogyo, APG, Knorr-Bremse, XinYi, ZF TRW, TAIFENG, Shandong Aoyou.
The drum brake market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drum Brake Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drum Brake Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drum Brake Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drum Brake Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drum Brake Market Size & Forecast, 2020-2028
4.5.1 Drum Brake Market Size and Y-o-Y Growth
4.5.2 Drum Brake Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Leading Trailing Shoe Brake
5.2.2 Dual Two Trailing Shoe Brake
5.2.3 Dual Two Leading Shoe Brake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drum Brake Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drum Brake Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Leading Trailing Shoe Brake
9.6.2 Dual Two Trailing Shoe Brake
9.6.3 Dual Two Leading Shoe Brake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Leading Trailing Shoe Brake
10.6.2 Dual Two Trailing Shoe Brake
10.6.3 Dual Two Leading Shoe Brake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Leading Trailing Shoe Brake
11.6.2 Dual Two Trailing Shoe Brake
11.6.3 Dual Two Leading Shoe Brake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Leading Trailing Shoe Brake
12.6.2 Dual Two Trailing Shoe Brake
12.6.3 Dual Two Leading Shoe Brake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Leading Trailing Shoe Brake
13.6.2 Dual Two Trailing Shoe Brake
13.6.3 Dual Two Leading Shoe Brake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drum Brake Market: Competitive Dashboard
14.2 Global Drum Brake Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF TRW
14.3.2 Mando
14.3.3 Akebono Brake
14.3.4 Aisin Seiki
14.3.5 Continental
14.3.6 CBI
14.3.7 Nissin Kogyo
14.3.8 APG
14.3.9 Knorr-Bremse
14.3.10 XinYi
14.3.11 ZF TRW
14.3.12 TAIFENG
14.3.13 Shandong Aoyou
