Global Drum Brakes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Drum Brakes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A disc brake is a type of brake that uses calipers to squeeze pairs of pads against a disc or rotor to create friction. This action slows the rotation of a shaft.

Market Overview:

The latest research study on the global Drum Brakes market finds that the global Drum Brakes market reached a value of USD 5591.12 million in 2022. It’s expected that the market will achieve USD 6699.69 million by 2028, exhibiting a CAGR of 3.06% during the forecast period.

Market Challenges

Drum brakes have problems such as poor heat dissipation and poor water stability. If these defects cannot be improved, the market for drum brakes may be affected.
There are some pirated or poor-quality products in the drum brake market. This can have very bad effects and there will be some after-sales problems. How to combat these products is a challenge for the drum brake market.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

The top three companies are Continental, TRW Aftermarket, Mando Corporation, with a revenue market share of 12.65%, 9.53% and 8.01% in 2018, respectively.

Continental is a German manufacturer of the transportation industry. The main products are tires, brake systems, body stability control systems, engine injection systems, tachometers and other automotive and transportation parts.

The TRW brand is part of ZF Aftermarket, leader in the world for Original Manufacturer [OE] quality automotive safety products.

Segmentation Overview:

Among different product types, Leading/trailing Shoe segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Passenger Car segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Drum Brakes market covered in Chapter 3:

CBI
Mando Corporation
Jiangsu Hengli Group
NISSIN KOGYO
Knorr-Bremse
Zhejiang Asia-pacific Mechanical & Electronic
TRW Aftermarket
BDL
Continental
BPW
Aisin Seiki
Akebono Brake Industry

In Chapter 4 and Chapter 14.2, on the basis of types, the Drum Brakes market from 2018 to 2029 is primarily split into:

Leading/Trailing Shoe Duplex
Twin Leading Shoe Duo Servo

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Drum Brakes market from 2018 to 2029 covers:

Motocycles and Scooters
Passenger Car
Commercial Vehicle
Rail and aircraft
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)