Automotive Brake Drum is a part of the drum brake system. The piston increases pressure to the two pairs of half-moon shape brake shoes. Then brake shoes are snapped to the tympanic wall which produces friction to stop the wheel.
As the international economic situation is complicated, in the next few years there will be many uncertainties.
Viewed from the supply side, in the past few years, less company entered into auto brake drum industry. And there is a big supply of automotive brake drum.
Viewed from the demand side, the current demand for brake drum product is relatively low and more and more automobile manufactures choose disk brake to replace drum brake.
Of course, there is still a certain space in the brake drum product demand market.
Ordinary brake drum products on the market do not sell well. Price is lower than past years. The signal of market price change indicates that automotive brake drum industry is over supply on the market.
As low gross margin of automotive brake drum many big companies began to exit the field.
Due to the clear trend of replacement, investors are not optimistic about this area, and in the future, there will not are much new investment enter the field.
For automotive brake drum industry, price fluctuations of raw material are mainly influencing factors for products price.
As the main raw material prices are relatively low and stable, the Automotive Brake Drum prices will be stable in the short term.
The study group recommends the new entrants just having money without technical advantage and upstream and downstream support do not to enter the automotive brake drum field.
The global Automotive Brake Drum market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Automotive Brake Drum market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Brake Drum in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Accuride Wheel End Solutions
Brake Parts Inc
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Automotive Brake Drum market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Automotive Brake Drum market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automotive Brake Drum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Brake Drum with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Automotive Brake Drum submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Automotive Brake Drum are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Brake Drum market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Automotive Brake Drum market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.