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

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

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) :

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