Frequently Asked Questions
The market is segmented based on , By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles and Two-Wheelers), Type (Leading/Trailing, Twin Leading and Duo-Servo Type), Material (Semi-Metallic, Non-Asbestos Organic (NAO), Low-Metallic NAO and Ceramic), Sales Channel (OEM and Aftermarket), Position (Front and Front and Rear) - Industry Trends and Forecast to 2031.
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The Global Automotive Brake Shoe Market size was valued at USD 9.12 USD Million in 2023.
The Global Automotive Brake Shoe Market is projected to grow at a CAGR of 7.2% during the forecast period of 2024 to 2031.
The major players operating in the market include Bosch Auto Parts (Germany), BNA Automotive India Pvt Ltd. (India), Meritor, Inc. (U.S.), Tribo. (Brazil), Brake Parts Inc. LLC. (U.S.), MAT Holding, Inc. (U.S.), ASK Automotive Pvt. Ltd. (India), ZF Friedrichshafen AG (Germany, Continental AG (Germany), EBC Brakes. (U.K.), ICER BRAKES (Spain), Nisshinbo Brake Inc. (Japan), Showa Denko Materials Co. Ltd. (Japan), Hawk Performance (U.S.), SANGSIN BRAKE. (South Korea), KFE Brake Systems (U.S.), Brakewel Automotive Components India Private Limited (India), GUD HOLDINGS LIMITED (Australia), Sundaram Brake Linings Ltd. (India).
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America.
