Automotive Brake Shoe Market Research Report - Global Forecast till 2027

Global Automotive Brake Shoe Market Research Report: Information By Type (Leading/Trailing, Twin Leading and Duo-Servo Type), Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), Sales Channel (OEM and Aftermarket) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027

ID: MRFR/AM/8818-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of the report has been updated from 2020-2026 to 2020-2027. Cordially fill Sample form for the updated data.

Market Scenario


A brake shoe is a curved piece of metal, which carries the brake lining inside brake drum systems. They are incorporated with a friction material fixed to one side. During the brake operation, automotive brake shoe moves and presses the lining, which is placed against the drum’s interior. Furthermore, the friction between the drum and lining provides the braking effort where energy is dissipated as heat. Brake shoes mainly affect the braking of a vehicle. There have been several advancements in the brake shoe market in the last couple of years.


The demand for brake shoes has witnessed healthy growth, particularly in Asian countries such as China, India, Indonesia, and Vietnam, which is consequently expected to boost the growth of the global automotive brake shoe market. The increasing per capita disposable income levels of consumers and support from the respective governments through standards and regulations are factors that are likely to boost the demand for automotive brake shoes during the forecast period. The adoption of automotive brake shoes has been observed to be registering traction in developing countries due to the resistance of braking systems to wear and tear and rising aftermarket sales. Such factors expected to drive the growth of the global automotive brake shoe market during the forecast period.


The automotive brake shoe market is segmented by type, vehicle type, sales channel, and region. Based on the type, the global automotive brake shoe market has been segmented into leading/trailing, twin leading, and duo-servo type.


Based on vehicle type, the global automotive brake shoe market has been segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment holds a significant share of the market and is anticipated to record a high CAGR during the forecast period due to the increasing automotive production.


Based on the sales channel, the global automotive brake shoe market has been segmented into OEM and aftermarket. The OEM segment held a larger share of the global market in 2019.


Global Automotive Brake Shoe Market is projected to register a 7% CAGR between 2020 and 2026 and reach an approximate value of USD 15 Billion by 2026.


Market Segmentation
Automotive Brake Shoe Market


Global Automotive Brake Shoe Market


BY TYPE



  • Leading/trailing

  • Twin leading

  • Duo-servo type


BY VEHICLE TYPE



  • Passenger cars

  • Light commercial vehicles, and

  • Heavy commercial vehicles


BY REGION



  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World


BY SALES CHANNEL



  • OEM

  • Aftermarket


Global Automotive Brake Shoe Market is expected to witness moderate growth during the forecast period owing to the increasing production of automobiles, which is expected to drive the demand for automotive brake shoes in the coming years.


Based on region, the automotive brake shoe market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific holds the largest share of the automotive brake shoe market, owing to the high adoption of automotive brake shoes and booming automotive production in the region, especially in China and India.


Key Players


The Key Players operating in the Global Automotive Brake Shoe Market are Bosch Auto Parts (Germany), BNA Automotive India Pvt Ltd (India), Woking (Spain), ACDelco (US), Meritor, Inc. (US), Tribo (Ukraine), Brake Parts Inc. LLC. (US), MAT HOLDINGS INC. (US), ASK Automotive Pvt. Ltd. (India), Kampol company (Poland), S.L. (Spain), SBS Friction A/S (Denmark) and TRW Automotive (US), among others.


Intended Audience



  • Government and Research Organizations

  • Consulting Companies in the Automotive Brake Shoe Market

  • Raw Material Suppliers

  • Research Consultants

  • Investors and Shareholders



Report Scope:
Report Attribute/Metric Details
  Market Size   2026: USD 15 Billion
  CAGR   7% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Automotive Brake Shoe Type, Vehicle Type, Sales Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Bosch Auto Parts (Germany), BNA Automotive India Pvt Ltd (India), Woking (Spain), ACDelco (US), Meritor, Inc. (US), Tribo (Ukraine), Brake Parts Inc. LLC. (US), MAT HOLDINGS INC. (US), ASK Automotive Pvt. Ltd. (India), Kampol company (Poland), S.L. (Spain), SBS Friction A/S (Denmark) and TRW Automotive (US)
  Key Market Opportunities   Resistance of braking systems to wear and tear and rising aftermarket sales
  Key Market Drivers

  • Increasing per capita disposable income levels of consumers
  • support from the respective governments through standards and regulations
  • adoption of automotive brake shoes\r\n


  • Frequently Asked Questions (FAQ) :


    Global automotive brake shoe market is projected to grow at approximately 7% CAGR during the assessment period (2020-2026).

    The valuation of the global automotive brake shoe market is estimated to increase to USD 15 BN by the end of 2026.

    The development and innovations in electro-mobility such as electric vehicles (EVs) and the spurring growth in the automotive industry worldwide are the major factors driving the growth of the global automotive brake shoe market.

    The Asia Pacific region holds the largest share in the global automotive brake shoe market, followed by North America and Europe, respectively.

    BNA Automotive India Pvt Ltd (India), Bosch Auto Parts (Germany), Woking (Spain), Meritor, Inc. (US), ACDelco (US), Tribo (Ukraine), MAT HOLDINGS INC. (US), Brake Parts Inc. LLC. (US), ASK Automotive Pvt. Ltd. (India), S.L. (Spain), Kampol company (Poland), SBS Friction A/S (Denmark), and TRW Automotive (US), are some of the top players operating in the global automotive brake shoe market.