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(Transportation-News.com, June 13, 2019 ) 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.
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China is the largest production country with the production market share 28% in 2015. Because most of the big multinational manufacturers have their plants in China, and there are also many local manufacturers in China.
The main consumption regions are concentrated in the China and Europe and North America. The Drum Brake System industry is related industry of automotive manufacturing. Besides, the drum brake system usually is adjusted to some automobile type, so the production and consumption of drum brake system are influenced by them of automobiles. The developing countries have high growth rate in consumption.
In the future, the Drum Brake System maybe not has a promising future due to the development of disc brake. But if the technology can overcome the disadvantages of drum brake system, like fever malpractice, the drum brake system will get some victory in competition among Brake System.
According to this study, over the next five years the Drum Brake System market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 3370 million by 2024, from US$ 2900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Drum Brake System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Drum Brake System market by product type, application, key manufacturers and key regions and countries.
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Segmentation by product type:
Leading Trailing Shoe Brake
Dual Two Trailing Shoe Brake
Dual Two Leading Shoe Brake
Segmentation by application:
Passenger Vehicle
Commercial Vehicle
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, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, and GCC Countries.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
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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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research Objectives:
To study and analyze the global Drum Brake System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Drum Brake System market by identifying its various subsegments.
Focuses on the key global Drum Brake System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Drum Brake System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Drum Brake System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Major Point of TOC:
Chapter One: Scope of the Report
Chapter Two: Executive Summary
Chapter Three: Global Drum Brake System by Players
Chapter Four: Drum Brake System by Regions
Chapter Five: Americas
Chapter Six: APAC
Chapter Seven: Europe
Chapter Eight: Middle East & Africa
Chapter Nine: Market Drivers, Challenges and Trends
Chapter Ten: Marketing, Distributors and Customer
Chapter Eleven: Global Drum Brake System Market Forecast
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