Drum Brake System market

Drum Brake System Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Automotive and Transportation
  • 72 Pages
  • Report code : PMR-6797400

  • 4.7 (158)

Drum Brake System Market

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Drum brakes work on the same principle as disc brakes: Shoes press against a spinning surface. In this system, that surface is called a drum.

Many cars have drum brakes on the rear wheels and disc brakes on the front. Drum brakes have more parts than disc brakes and are harder to service, but they are less expensive to manufacture, and they easily incorporate an emergency brake mechanism.

Drum Brake System Market contains market size and forecasts of Drum Brake System in global, including the following market information:

Global Drum Brake System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Drum Brake System Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Drum Brake System companies in 2021 (%)

The global Drum Brake System market was valued at 3308.1 million in 2021 and is projected to reach US$ 3903.5 million by 2028, at a CAGR of 2.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Leading Trailing Shoe Brake Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Drum Brake System include ZF TRW, Mando Corporation, Akebono Brake Industry, Aisin Seiki, Continental, CBI, Nissin Kogyo, APG and Knorr-Bremse AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Drum Brake System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Drum Brake System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Drum Brake System Market Segment Percentages, by Type, 2021 (%)

Leading Trailing Shoe Brake

Dual Two Trailing Shoe Brake

Dual Two Leading Shoe Brake

Global Drum Brake System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Drum Brake System Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Drum Brake System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Drum Brake System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Drum Brake System revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Drum Brake System revenues share in global market, 2021 (%)

Key companies Drum Brake System sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Drum Brake System sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ZF TRW

Mando Corporation

Akebono Brake Industry

Aisin Seiki

Continental

CBI

Nissin Kogyo

APG

Knorr-Bremse AG

XinYi

CCAG

TAIFENG

Shandong Aoyou

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