Market Overview:
The global parking brake shoe market is expected to grow at a CAGR of 5.5% during the forecast period 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. In addition, factors such as rising awareness about safety features in vehicles and technological advancements are also contributing to the growth of this market. The global parking brake shoe market is segmented on the basis of type, application, and region. On the basis of type, it is divided into ceramic brake shoes and metallic brake shoes. Ceramic brake shoes are expected to witness higher growth during the forecast period owing to their superior performance as compared to metallic brake shoes. On the basis of application, it is classified into passenger cars and commercial vehicles segments.
Product Definition:
A parking brake shoe is a metal bracket that attaches to the rear of a vehicle and contacts the brake drum to create friction and stop the car. Parking brakes are important for safety, as they keep cars from rolling down hills or accidentally moving when people are getting in or out.
Ceramic Brake Shoes:
Ceramic brake shoes are made of ceramic material and they provide better friction coefficient as compared to the metal counterparts. Ceramic materials have high thermal conductivity, low density, and specific heat capacity. These shoes are used in hydraulic braking systems where maximum safety is required by the vehicle driver as well as by pedestrians.
Metallic Brake Shoes:
Metallic brake shoes are made of a special alloys and composites which are coated with metallic compounds. These metallic compounds provide better friction, heat dissipation, wear resistance and corrosion protection to the product. Metallic brake shoe market is segmented on the basis of application into four major categories including automotive OEM (Original Equipment Manufacturers), aftermarket parts, heavy trucks & buses and railways.
Application Insights:
The passenger cars segment dominated the global market in 2017. The growth of this segment is attributed to the increasing production and sales of passenger vehicles, especially in developing regions such as Asia Pacific and Latin America. In addition, stringent government regulations regarding road safety are also driving the demand for these shoes among drivers of passenger cars.
Commercial vehicles are expected to be one of the fastest-growing segments over the forecast period owing to rising investments by companies operating in various industries across developed regions such as North America and Europe. These companies have invested significantly in order to provide efficient commercial transport services with an increased fleet size over recent years due to growing business requirements and consumer demands for timely delivery of goods/products within specified time frames at a reduced cost is expected to further boost industry growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing demand for passenger cars and rising concerns regarding fuel consumption and carbon emissions, which has prompted manufacturers in this region to use parking brakes for reducing vehicle weight.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid urbanization, increasing disposable income of consumers along with stringent government regulations on vehicular emission levels are some of the major factors driving regional growth.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in braking systems
- Stringent safety norms for vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Parking Brake Shoe Market Research Report
By Type
Ceramic Brake Shoes, Metallic Brake Shoes
By Application
Passenger Cars, Commercial Vehicles
By Companies
Power Stop, Brembo, Hawk Performance, Raybestos, Centric, Akebono, Bosch, EBC, General Motors, Continental, TRW, Delphi, Akebono, ACDelco, Meritor, MAT Holdings, Nsshnbo, MK KASHIYAMA, Dura International, FBK Corporation, Mando, StopTech
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Parking Brake Shoe Market Report Segments:
The global Parking Brake Shoe market is segmented on the basis of:
Types
Ceramic Brake Shoes, Metallic Brake Shoes
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 Cars, Commercial Vehicles
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:
- Power Stop
- Brembo
- Hawk Performance
- Raybestos
- Centric
- Akebono
- Bosch
- EBC
- General Motors
- Continental
- TRW
- Delphi
- Akebono
- ACDelco
- Meritor
- MAT Holdings
- Nsshnbo
- MK KASHIYAMA
- Dura International
- FBK Corporation
- Mando
- StopTech
Highlights of The Parking Brake Shoe 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:
- Ceramic Brake Shoes
- Metallic Brake Shoes
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Parking Brake Shoe 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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- Product & Brand Management
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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?
A parking brake shoe is a metal or plastic piece that fits on the bottom of a car's parking brake cable to help hold the cable in place.
Some of the key players operating in the parking brake shoe market are Power Stop, Brembo, Hawk Performance, Raybestos, Centric, Akebono, Bosch, EBC, General Motors, Continental, TRW, Delphi, Akebono, ACDelco, Meritor, MAT Holdings, Nsshnbo, MK KASHIYAMA, Dura International, FBK Corporation, Mando, StopTech.
The parking brake shoe market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Parking Brake Shoe 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. Parking Brake Shoe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Parking Brake Shoe Market - Supply Chain
4.5. Global Parking Brake Shoe Market Forecast
4.5.1. Parking Brake Shoe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Parking Brake Shoe Market Size (000 Units) and Y-o-Y Growth
4.5.3. Parking Brake Shoe Market Absolute $ Opportunity
5. Global Parking Brake Shoe 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. Parking Brake Shoe Market Size and Volume Forecast by Type
5.3.1. Ceramic Brake Shoes
5.3.2. Metallic Brake Shoes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Parking Brake Shoe 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. Parking Brake Shoe Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Parking Brake Shoe 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. Parking Brake Shoe 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 Parking Brake Shoe 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. Parking Brake Shoe 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 Parking Brake Shoe Demand Share Forecast, 2019-2026
9. North America Parking Brake Shoe 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 Parking Brake Shoe 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 Parking Brake Shoe Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Parking Brake Shoe Market Size and Volume Forecast by Type
9.7.1. Ceramic Brake Shoes
9.7.2. Metallic Brake Shoes
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 Parking Brake Shoe Demand Share Forecast, 2019-2026
10. Latin America Parking Brake Shoe 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 Parking Brake Shoe 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 Parking Brake Shoe Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Parking Brake Shoe Market Size and Volume Forecast by Type
10.7.1. Ceramic Brake Shoes
10.7.2. Metallic Brake Shoes
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 Parking Brake Shoe Demand Share Forecast, 2019-2026
11. Europe Parking Brake Shoe 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 Parking Brake Shoe 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 Parking Brake Shoe Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Parking Brake Shoe Market Size and Volume Forecast by Type
11.7.1. Ceramic Brake Shoes
11.7.2. Metallic Brake Shoes
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 Parking Brake Shoe Demand Share, 2019-2026
12. Asia Pacific Parking Brake Shoe 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 Parking Brake Shoe 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 Parking Brake Shoe Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Parking Brake Shoe Market Size and Volume Forecast by Type
12.7.1. Ceramic Brake Shoes
12.7.2. Metallic Brake Shoes
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 Parking Brake Shoe Demand Share, 2019-2026
13. Middle East & Africa Parking Brake Shoe 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 Parking Brake Shoe 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 Parking Brake Shoe Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Parking Brake Shoe Market Size and Volume Forecast by Type
13.7.1. Ceramic Brake Shoes
13.7.2. Metallic Brake Shoes
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 Parking Brake Shoe Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Parking Brake Shoe Market: Market Share Analysis
14.2. Parking Brake Shoe Distributors and Customers
14.3. Parking Brake Shoe Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Power Stop
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brembo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hawk Performance
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Raybestos
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Centric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Akebono
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bosch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EBC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Motors
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Continental
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TRW
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Delphi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Akebono
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ACDelco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Meritor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MAT Holdings
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nsshnbo
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MK KASHIYAMA
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dura International
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. FBK Corporation
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
