Automobile Brake Shoes Research:CAGR of 2.2% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Automobile Brake Shoes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Automobile Brake Shoes was estimated to be worth US$ 6346 million in 2024 and is forecast to a readjusted size of US$ 8415 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.

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Automobile Brake Shoes Market Summary
Brake shoes are curved components that are part of drum brake systems. They sit inside a drum and are pushed outward against the inner surface of the drum when the brakes are activated. When the brake pedal is pressed, the hydraulic system forces the brake shoes outward against the drum, creating friction to slow down or halt the vehicle. This system is usually found on the rear wheels of many vehicles, though some older models may use drum brakes on all four wheels. Like brake pads, brake shoes are made from various materials, including organic, semi-metallic, and ceramic formulations, with options designed for durability and performance. Often found on older vehicles or as part of the rear braking system in many cars, trucks, and SUVs.
According to the new market research report "Global Automobile Brake Shoes Market Report 2025-2031", published by QYResearch, the global Automobile Brake Shoes market size is projected to grow from USD 6,345.72 million in 2024 to USD 8.42 billion by 2031, at a CAGR of 2.2% during the forecast period.
Figure. Global Automobile Brake Shoes Market Size (US$ Million), 2020-2031
Automobile Brake Shoes
Above data is based on report from QYResearch: Global Automobile Brake Shoes Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure. Global Automobile Brake Shoes Top 33 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Automobile Brake Shoes
Above data is based on report from QYResearch: Global Automobile Brake Shoes Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Automobile Brake Shoes such as BOSCH, ZF Aftermarket (TRW), TMD Friction (AEQUITA), ITT Corporation, Tenneco (Federal Mogul).
In 2024, the global top five Automobile Brake Shoes players account for 50.86% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Automobile Brake Shoes.

Figure. Automobile Brake Shoes, Global Market Size, Split by Product Segment
Automobile Brake Shoes
Based on or includes research from QYResearch: Global Automobile Brake Shoes Market Report 2025-2031.
In terms of product type, type one is the largest segment, hold a share of 61%,

In terms of product application, Passenger Cars is the largest application, hold a share of 66%,

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Automobile Brake Shoes market is segmented as below:
By Company
BOSCH
Nisshinbo
Zhuhai Glory Friction Material
ZF Aftermarket (TRW)
Tenneco (Federal Mogul)
MAT Holdings
ITT Corporation
Akebono
Sangsin Brake
Brembo
Hitachi
ADVICS
GM (ACDelco)
BorgWarner (Delphi)
Shandong Gold Phoenix
Continental (ATE)
Fras-le
Brake Parts Inc
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
TMD Friction (AEQUITA)
Shandong Xinyi Auto Parts Manufacturing
Hangzhou Annaite Industrial Company
ZHEJIANG LAMDA TECHNOLOGY
Weifang Airui Brake System
Shandong Hengyitong AUTO PARTS
Hebei Huahua Friction Material

Segment by Type
Automotive OEM Industry
Automotive Aftermarket Industry

Segment by Application
Passenger Cars
Commercial Vehicles

Each chapter of the report provides detailed information for readers to further understand the Automobile Brake Shoes market:

Chapter 1: Introduces the report scope of the Automobile Brake Shoes report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Automobile Brake Shoes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Automobile Brake Shoes market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Automobile Brake Shoes in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Automobile Brake Shoes in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Automobile Brake Shoes competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Automobile Brake Shoes comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Automobile Brake Shoes market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Automobile Brake Shoes Market Research Report 2025
Global Automobile Brake Shoes Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Automobile Brake Shoes Market Insights, Forecast to 2031

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