Global Automotive Brake Drum Market Professional Survey Report 2018
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 manufacturers 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 in past years. The signal of market price change indicates that automotive brake drum industry is oversupply on the market.
As a low gross margin of the 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 to 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 enter the automotive brake drum field.
Global Automotive Brake Drum Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 105 pages report.
This market report provides in-depth analytics of the Automotive Brake Drum industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Automotive Brake Drum market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Accuride Wheel End Solutions
Brake Parts Inc
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.