Press release
Global Drum Brake System Market Size Worth USD 3370 Million by 2023
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.
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.
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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.
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
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into:
• Leading Trailing Shoe Brake
• Dual Two Trailing Shoe Brake
• Dual Two Leading Shoe Brake
Split by applications, this report focuses on sales, market share and growth rate of Drum Brake System in each application, can be divided into:
• Passenger Vehicle
• Commercial Vehicle
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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 2013 to 2017, and forecast to 2023.
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.
Market Segment by Table of Contents:
2018-2023 Global Drum Brake System Consumption Market Report
Drum Brake System Market Scope of the Report
Drum Brake System Market Executive Summary
Global Drum Brake System Market by Players
Drum Brake System by Regions
Americas Drum Brake System Consumption by Countries
APAC Drum Brake System Consumption by Countries
Europe Drum Brake System by Countries
Middle East & Africa Drum Brake System by Countries
Market Drivers, Challenges and Trends
Marketing, Distributors and Customer
Global Drum Brake System Market Forecast (2018-2023)
Drum Brake System Market Key Players Analysis
Research Findings and Conclusion
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