Understand the influence of COVID-19 on the Automotive Brake Drum Market with our analysts monitoring the situation across the globe.
This report researches the worldwide Automotive Brake Drum market size (value, capacity, production and consumption) in key regions like United States, Europe, China, Japan and other regions.
This study categorizes the global Automotive Brake Drum breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
Global Automotive Brake Drum market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Brake Drum.
This report focuses on the top manufacturers' Automotive Brake Drum capacity, production, value, price and market share of Automotive Brake Drum in global market. The following manufacturers are covered in this report:
Accuride Wheel End Solutions
Brake Parts Inc
Automotive Brake Drum Breakdown Data by Type
Automotive Brake Drum Breakdown Data by Application
Automotive Brake Drum Production Breakdown Data by Region
Automotive Brake Drum Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Brake Drum capacity, production, value, consumption, status and forecast;
To focus on the key Automotive Brake Drum manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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 :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.