Global Car Brake Drum Market Size, Share & Trends Analysis Report, By Type (Iron Car Brake Drum, Alloy Car Brake Drum, and Others), By Application (Pre-Installed and Aftermarket), Forecast (2022-2028)

The global car brake drum market is anticipated to grow at a CAGR of 4.2% during the forecast period (2022-2028). Car brake drum is defined as a cylindrical drum that is attached to the inside of a car’s wheel, and so rotates at the same speed as the wheel. The drum surrounds a set of brake shoes that are coated in materials that generate friction. The market growth is majorly attributable to the advantages offered by the car brake drums such as their easy integration and operation with mechanical and hydraulic actuators. Owing to its deployment with a servo brake, it can increase the braking force, thereby reducing the need for a booster for increasing the braking force. In addition to this, it is placed inside the wheel hub which reduces the chances of frequent replacement and external damage.

It is a fundamental and cost-effective form of brake system used in automotive, which drives its demand all over the globe. All these factors are likely to boost the growth of the global car brake drum market. Further, significant demand for automobile cars globally in recent years as a result of increase in per capita income, increased urbanization & industrialization, growth in the living standards, and change in consumer preferences have also boosted the global market growth. For instance, as per the International Organization of Motor Vehicle Manufacturers (OICA), total vehicle sales including the passenger cars and light commercial vehicles, had increased to 92,654,055 units in 2018 from 91,458,490 units in 2016. Such augmented vehicle sales have surged the growth of the market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape: Robert Bosch GmbH, Aisin Seiki Co., Ltd, and Aptiv plc, among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Car Brake Drum Market Report by Segment

By Type 

• Iron Car Brake Drum
• Alloy Car Brake Drum
• Others

By Application

• Pre-Installed
• Aftermarket

Global Car Brake Drum Market Report by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa