Global Drum Brakes Market Growth 2024-2030

Global Drum Brakes Market Growth 2024-2030

The global Drum Brakes market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Drum Brakes Industry Forecast” looks at past sales and reviews total world Drum Brakes sales in 2023, providing a comprehensive analysis by region and market sector of projected Drum Brakes sales for 2024 through 2030. With Drum Brakes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drum Brakes industry.

This Insight Report provides a comprehensive analysis of the global Drum Brakes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drum Brakes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Drum Brakes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drum Brakes and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drum Brakes.

United States market for Drum Brakes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Drum Brakes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Drum Brakes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Drum Brakes players cover ZF TRW, Continental, Chassis Brakes International (CBI), Tenneco and STEMCO, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Drum Brakes market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Leading Trailing Shoe Brake
Two Leading Shoe Brake
Servo Brake

Segmentation by application
Passenger Cars
Commercial Vehicles
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZF TRW
Continental
Chassis Brakes International (CBI)
Tenneco
STEMCO
Aisin Seiki
Mando
Meritor
Akebono Brake Industry
Nissin Kogyo
Zhejiang Asia-Pacific Mechanical & Electronic
Knorr-Bremse AG
BPW Transpec
Brembo
Accuride Wheel End Solutions
Bendix
ACDelco
Webb Wheel
LPR
Winhere Brake Parts
Brake Parts Inc
Dura Brake
Shandong Taifeng Braking Systems
DongYing XinYi Auto Parts
Shandong Longji Machinery
Shandong Hongma Group
Weifang Airui Brake Systems
Laizhou Sanli
Xiangyang Juxin Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Drum Brakes market?

What factors are driving Drum Brakes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Drum Brakes market opportunities vary by end market size?

How does Drum Brakes break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.