openPR Logo
Press release

Drum Brake Market for Automotive Market Size & Share - Industry Trend and Forecast 2017 - 2025

Drum Brake Market for Automotive Market Size & Share - Industry

The report analyzes and presents an overview of "Drum Brake Market for Automotive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Drum Brake Market for Automotive” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/1866333

Drum Brake Market for Automotive: Overview

The drum brake uses a set of brake shoes to stop the vehicle, by applying the force against the drum wall. Brake shoes expand outward to apply a force against the rotating drum wall. The surface of the brake shoes that acts against the drum wall is known as the brake lining, and it is generally made up of asbestos. Drum brakes are utilized on a large-scale in the automotive industry and are also known as internal expanding shoe brakes.

Drum Brake Market for Automotive: Drivers and Restraints

Demand for drum brakes for automotive is increasing due to the increasing production of vehicles. The drum brake for automotive is majorly used in the commercial vehicles as it is a highly cost-effective brake type. The expansion of the disc brake market in last few years has affected the drum brake market for automotive, as disc brakes are comparatively more efficient and require less maintenance. Most passenger vehicles utilize disc brakes for the front wheels and drum brakes are used for the rear wheels. Expansion of the disc brake market is expected to hamper the drum brake market for automotive during the forecast period.

Drum Brake Market for Automotive Key Segments

The global drum brake market for automotive can be segmented based on shoe type, sales channel, vehicle, and region.

Based on brake shoe, the drum brake market for automotive can be classified into three categories. Among all types the leading and trailing shoe types drum brake is most widely used in the automotive industry. In this type, leading shoe applies the greater braking force and the trailing shoe receives lower braking force. Due to its ability to act effectively while moving in forward as well as reverse direction it is preferred over other types.

In terms of sales channel, the drum brake market for automotive can be segregated into different categories. Among all the segments of sales channel, the OEM segment comprises drum brakes directly fetched by the OEMs from the manufacturers. OEM segment is the leading segment among the sales channel category, other segment of the drum brakes for automotive is expanding at a significant growth rate due to the high dependency of society on automobiles and the higher usage of vehicles, which in turn leads to rapid wearing of the brake linings.

Based on vehicle type, the drum brake market for automotive can be segmented into three segments among which the commercial vehicle segment is expanding at significant rate. The commercial vehicles segment can be further split into light commercial vehicles and heavy commercial vehicles. The drum brake market for automotive is expected to contract during the forecast period due to the increasing demand for disc brakes in society whereas the commercial vehicles segment witnesses the high usage of drum brakes due to their lower cost and with the large diameter of truck wheels, it is convenient to design an effective drum brake with the required large diameter to meet the regulations for brake.

In terms of region, the drum brake market for automotive can be segmented into five major regions. The drum brake market for automotive in Asia Pacific is leading and expanding due to the higher production of vehicles in the region followed by the North America which is a major producer of the commercial vehicles. However, the market in Europe is expected to contract due to rising preference toward disc brakes even for commercial vehicles.

Request For Enquiry @ https://www.marketresearchreports.biz/sample/enquiry/1866333

Drum Brake Market for Automotive: Key Players

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

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

About Us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact Us

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Drum Brake Market for Automotive Market Size & Share - Industry Trend and Forecast 2017 - 2025 here

News-ID: 1160281 • Views:

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases


More Releases for Brake

Brake Pad Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Mat …
Brake pads are used in automotive and other application and they are a component of brake disc. Brake pads are fixed in brake caliper and they helps in converting kinetic energy of vehicle into thermal energy. Increasing demand for environment friendly and light weight braking material is fueling the growth of brake pad. Studying and analyzing the impact of Coronavirus COVID-19 on the Brake Pad industry, the report provides in-depth analysis
Brake Pads, Rotors & Brake Shoes Market: Competitive Dynamics & Global Outlook 2 …
LP INFORMATION offers a latest published report on Brake Pads, Rotors & Brake Shoes Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Brake Pads, Rotors & Brake Shoes market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024,
North America Industrial Brakes Market by Type (Mechanically-applied Brake, Hydr …
The North America industrial brakes market was valued at $146 million in 2017, and is projected to reach $189.48 million by 2025, growing at a CAGR of 3.4%. Industrial brakes play a crucial role in mechanical power transmission to deliver mechanical energy to shafts. This aids in facilitating motion in the industrial equipment. The speed of the motion can be controlled and subsequently used to deliver the desired action or
Global Car Brake Pads Market Analysis 2018 Forecasts To 2025 : Federal Mogul, BO …
Global Car Brake Pads Market Description:- Wiseguyreports.Com Adds “Global Car Brake Pads Market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2025” To Its Research Database Key Content of Chapters Part 1: Terminology Definition, Industry Chain, Industry Dynamics & Regulations and Global Market Overview Part 2: Upstream (Raw Materials / Components) & Manufacturing (Procurement Methods & Channels and Cost) , Major Regional Production Overview and Trade Flow Part 3: Product Segment Overview
Automotive Brake System & Components Market Report 2018: Segmentation by Product …
Global Automotive Brake System & Components market research report provides company profile for Nissin Kogyo, Bosch, Akebono Brake, Magneti Marelli, Mando, Brembo, Continental, ZF Friedrichshafen, Delphi, Valeo, Federal-Mogul and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Brake Linings Market Report for Period 2011 till 2023 - MAT Holdings, Meritor, J …
Global Brake Linings market report provides detailed analysis of companies namely MAT Holdings, Meritor, Japan Brake Industrial, Nsshnbo, Fuji Brake, Bendix, Sangsin, ICER, Marathon Brake System and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc. Brake linings are