Global Drum Brake System Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Drum Brake System Market
Due to the COVID-19 pandemic, the global Drum Brake System market size is estimated to be worth US$ 3302.2 million in 2022 and is forecast to a readjusted size of US$ 3829.6 million by 2028 with a CAGR of 2.5% during the review period. Fully considering the economic change by this health crisis, Leading Trailing Shoe Brake accounting for % of the Drum Brake System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Passenger Vehicle segment is altered to an % CAGR throughout this forecast period.
Global Drum Brake System key players include Akebono Brake Industry, ZF TRW, Continental, Mando Corporation, Nissin Kogyo, etc. Global top five manufacturers hold a share over 65%.
China is the largest market, with a share over 25%, followed by JP & KR and Europe, both have a share over 45%.
In terms of product, Leading trailing shoe brake is the largest segment, with a share over 40%. And in terms of application, the largest application is Commercial Vehicle, followed by Passenger Vehicle, etc.
In terms of production side, this report researches the Drum Brake System capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Drum Brake System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Drum Brake System Scope and Segment
Drum Brake System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Drum Brake System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Leading Trailing Shoe Brake
Dual Two Trailing Shoe Brake
Dual Two Leading Shoe Brake
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Company
ZF TRW
Mando Corporation
Akebono Brake Industry
Aisin Seiki
Continental
CBI
Nissin Kogyo
APG
Knorr-Bremse AG
XinYi
CCAG
TAIFENG
Shandong Aoyou
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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