The analysts forecast the global automotive drum brake market to grow at a CAGR of 3.74% during the period 2017-2021.
Global Automotive Drum Brake Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the research team said: The latest trend gaining momentum in the market is growing trend of low and zero copper eco-friction brake pad material to enhance the braking system. OEMs have been trying to enhance the braking systems of their vehicles to ensure the safety of passengers.
For instance, OEMs such as Federal-Mogul has developed a brake pad with zero copper or low copper content. Even though copper is a vital ingredient in brake pad formulations, the presence of it in brake pads is being regulated as it is harmful to the environment. The concerned authorities are trying to gradually eliminate copper completely from the brake pads.
One of the major drivers for this market is improvement in the design and manufacturing techniques of drum brakes. In 2009, federal authorities in the US made the minimum stopping distance regulation for heavy tractors stricter. It led to the speculation that the truck industry will experience a shift from drum brakes to disc brakes as disc brakes provide better stopping capability.
- Aisin Seiki
Other prominent vendors
- Dorman Products
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/hsjl34/global_automotive