Drum Brake System Market - Global Outlook and Forecast 2023-2028

Report ID: 1030909 | Published Date: Jan 2025 | No. of Page: 72 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story

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.
This report 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

Frequently Asked Questions
Drum Brake System Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Drum Brake System Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Drum Brake System Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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