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Drum Brake Market Size, Share & Industry Analysis, By Product Type (Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake), By Market Type (OEM, After Market), By Vehicle Type (Passenger Car, Commercial Vehicle) And Regional Forecast, 2024-2032

Published On : July 08, 2021 | Report ID: FBI105498 | Status : Ongoing

 

KEY MARKET INSIGHTS

Drum brakes are a significant part of the vehicles which comprises of a set of brake shoes that are used to stop the vehicle by applying force to the drum wall. It is a basic and cost-effective braking system for automobiles. The brake shoe expands externally to apply force to the rotating drum wall. The surface of the brake shoe acting on the drum wall is called the brake lining, which is usually made of asbestos. Drum brakes are used on a large scale in the automotive industry and are also called internally extended shoe brakes. Mostly heavy and medium commercial vehicles are equipped with drum brakes. Owing to the growing vehicle production, the demand for automotive drum brakes is increasing. Moreover, the automobile management committee campaign to raise awareness of braking systems is influencing the automakers to develop the braking systems. This is consequently creating high demand opportunities for automotive drum brake systems in the coming years. In addition, the integration of drum brakes is very easy and can be operated with mechanical and hydraulic actuators. Since it is equipped with a servo brake that can increase the braking force, the drum brake does not require a booster for increasing the braking force. In addition, it is placed inside the wheel hub which reduces the chances of frequent replacement and external damage.  


Key Market Driver -

Growing sales and production of vehicles is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Increase in the adoption of disc brakes may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the automotive drum brake market is segmented by product type, by market type, by vehicle type, and by geographic coverage. The product type is further segmented into leading trailing shoe brake, dual two trailing shoe brake, and dual two leading shoe brakes. The dual leading shoe brakes accounts for the major share in the global market as these type of brakes apply greater braking force as compared to the dual two leading shoe brakes which apply a lower braking force. The dual leading shoe brakes have the ability to move effectively when moving forward and backward. This type is superior to other two types. The market type is further segmented into OEM, and aftermarket. The OEM segment holds the largest share in the global market as the demand drum brakes made by the OEMs are larger than the aftermarket demand. Also, the usage of vehicles is high which leads to rapid wear and tear of brake innings. The vehicle type is further segmented into passenger cars and commercial vehicles. The commercial vehicles segment holds the major share in the global market owing to the increasing demand for disc brakes especially by the truck owners. The automotive drum brake market is expected to decline during the forecast period, but however the commercial vehicle segment has observed the extensive use of drum brakes owing to its lower cost and larger truck wheel diameter. Also, it is very convenient to design an effective drum brake, which requires a large diameter to meet the brake regulations.

Key Players:


Major players operating in the global drum brake market include Akebono Brake Industry Co., TRW Automotive, Aisin Seiki Co., Ltd, Federal-Mogul Corporation, Continental AG, Haldex Group, Brembo S.p.A., and Hella Pagid GmbH among others.

Key Insights



  • New Advancements in Drum Brake

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive drum brake market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the major share in the global market and is expected to maintain its dominance over the forecast period. The developing and developed economies such as India, China, and Japan are the major contributors for the high demand for the market owing to the expansion of industrialization, rise in the number of construction activities as well as increasing smart city projects which is expected to promote the commercial vehicle market, which in turn is likely to fuel the growth of the car drum market. This region is followed by North America, which is the major manufacturer of commercial vehicles. The expansion of the industrial sector in this region is expected to create high demand for pickup trucks and other heavy construction vehicles thus propelling the growth of the drum brakes market in this region.

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Segmentation


























 ATTRIBUTES 

 DETAILS     

By Product Type



  • Leading Trailing Shoe Brake

  • Dual Two Trailing Shoe Brake

  • Dual Two Leading Shoe Brake



By Market Type



  • OEM

  • After Market



By Vehicle Type



  • Passenger Car

  • Commercial Vehicle



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



 





  • Ongoing
  • 2023
  • 2019-2022

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