About Drum Brake
A drum brake is a brake system with brake drums, which rotate with the wheels. Inside each drum are brake shoes fitted with brake linings. Pistons press against the drums from the inside to generate braking force, thus making it possible to decelerate and stop the vehicle. Drum breaks are usually used on the rear wheels of cars or heavy-duty vehicles because of the need for a parking brake.Drum brakes have brake drums that rotate with the wheels. Inside each drum are brake shoes fitted with brake linings. Drum brakes generate consistent braking force whether the vehicle travels forward or backward. Drum brakes can provide more braking force. Drum brakes are commonly used in commercial vehicles such as trucks and buses due to their durability and ability to handle heavy loads There are the wide ranges of advantages of drum brakes including, Lower cost, Simple installation, they protect the braking system from water, ice, mud, Low heat generation due to less friction, Provides an increased automated braking force. etc. Ongoing research and development efforts to improve drum brake technology may lead to enhanced performance, durability, and efficiency. Innovations in materials and design can make drum brakes more appealing to manufacturers.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 3.9% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States, German, Chinese Vendors will contribute the maximum growth to Global Drum Brake market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TRW Automotive (United States), Mando Corporation (South Korea), Akebono Brake Industry (Japan), Aisin Seiki (Japan), KRAFT-TEK (Germany), Continental AG (Germany), Nissin Kogyo (Japan), Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd. (China), Knorr-Bremse AG (Germany), XinYi (China), Shandong Taifeng Brack System Co Ltd (China) and Hendrickson USA, L.L.C. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Currie Enterprises, Inc. (United States) and Tie Down Engineering (United States).
Segmentation Overview
AMA Research has segmented the market of Global Drum Brake market by Type (Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake and Dual Two Leading Shoe Brake), Application (Passenger Vehicle and Commercial Vehicle) and Region.
On the basis of Type, Leading trailing shoe brake are dominating the market in the year 2023On the basis of geography, the market of Drum Brake has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distrubution Channel, the sub-segment i.e. OEM’s will boost the Drum Brake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Aluminium will boost the Drum Brake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased adoption of drum brakes in commercial vehicles.Technological Advancements in Drum Brakes
Market Growth Drivers:
IIncreasing growth of automotive industry and Replacement and maintenance activities contribute to ongoing demand for drum brake components.
Challenges:
Excessive brake drum heating can cause the brake fluid to vaporise., The additional weight of drum brakes can affect fuel efficiency. and Intense Competitive Rivalry among the Players
Restraints:
Maintenance of drum brakes is more time-consuming and Drum brake systems tend to be heavier
Opportunities:
Focus on innovation in drum brake technology such as, , reduced weight, and enhanced durability. and Expanding aftermarket offerings and services, including drum brake replacement parts and maintenance,
Market Leaders and their expansionary development strategies
In August 2020, Hendrickson, a Boler company, is a global manufacturer and supplier of medium- and heavy-duty mechanical, elastomeric and air suspensions to the commercial transportation industry, acquired the Motor Wheel Brake Drum and Crewson slack adjuster business segments from Stemco and parent company EnPro Industries. This acquisition will provide a platform for Hendrickson to advance our lightweight drum brake system performance and provide components that will complement our existing product portfolio.
In January 2023, Brakes India, a TSF Group company launched their Motor on Drum brakes for the passenger car segment. The company, with over 60 years of expertise in the mobility space, also displayed their air braking system, iron castings and the aftermarket portfolio for both light and commercial vehicle segments.
Key Target Audience
Manufacturers, Raw Material Suppliers, Traders/Distributors, Importer/Exporter, Regulatory & Government Bodies, End Users, Downstream Vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.