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Drum Brake Market Size, Trends, Analysis, and Outlook by Type (Leading Trailing Shoe Brake, Dual Two Trailing Shoe Brake, Dual Two Leading Shoe Brake), Material (Aluminium, Cast Iron, Steel Brake), Application (Passenger Vehicle, Commercial Vehicle), Distribution Channel (OEM’s, Aftermarket), by Country, Segment, and Companies, 2024-2030

April 2024 | 199 pages | ID: D3842FF1CEAFEN
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The global Garage & Service Station market size is poised to register 6.62% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Garage & Service Station market by Type (Mechanical Repair, Collision Repair, Car Washes, Oil Change and Lubrication, Others), Application (Passenger Cars, Commercial Vehicle), Ownership (Automobile Dealerships, Franchise General Repair Shops, Franchise Speciality Shops, Locally Owned Repair Establishments), Product & Services (Firestone Complete Auto Care, Meineke, Jiffy Lube, Midas, Safelite Group, Monro Muffler Brake).
The Garage & Service Station Market is poised for robust evolution and adaptation by 2030, driven by the increasing electrification and automation of vehicles that are reshaping the automotive service industry, supporting garages and service stations to invest in training, equipment, and infrastructure to accommodate electric and autonomous vehicles. Secondly, changing consumer preferences, including a growing demand for convenience, transparency, and digital connectivity, are driving the adoption of innovative service models such as mobile repairs, online scheduling, and predictive maintenance solutions. Further, regulatory changes and environmental concerns are encouraging the adoption of sustainable practices and alternative fuels, leading to the development of eco-friendly service stations and the integration of renewable energy sources into garage operations. In addition, advancements in technology, such as artificial intelligence, augmented reality, and IoT devices, are enhancing operational efficiency, customer experience, and diagnostic capabilities in garage and service station facilities. .

Garage & Service Station Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Garage & Service Station market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Garage & Service Station survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Garage & Service Station industry.

Key market trends defining the global Garage & Service Station demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Garage & Service Station Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Garage & Service Station industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Garage & Service Station companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Garage & Service Station industry
Leading Garage & Service Station companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Garage & Service Station companies.

Garage & Service Station Market Study- Strategic Analysis Review
The Garage & Service Station market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Garage & Service Station Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Garage & Service Station industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Garage & Service Station Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Garage & Service Station Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Garage & Service Station market segments. Similarly, Strong end-user demand is encouraging Canadian Garage & Service Station companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Garage & Service Station market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Garage & Service Station Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Garage & Service Station industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Garage & Service Station market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Garage & Service Station Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Garage & Service Station in Asia Pacific. In particular, China, India, and South East Asian Garage & Service Station markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Garage & Service Station Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Garage & Service Station Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Garage & Service Station market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Garage & Service Station.

Garage & Service Station Market Company Profiles
The global Garage & Service Station market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Atherstone Garage Service Centre Ltd, Carn Bosavern Garage Ltd, East Cornwall Garage Ltd, Firestone Complete Auto Care, Jiffy Lube International Inc, Meineke Car Care Centers Inc, Midas International Corp, Monro Muffler Brake Inc, Safelite Group Inc.

Recent Garage & Service Station Market Developments
The global Garage & Service Station market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Garage & Service Station Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Mechanical Repair
Collision Repair
Car Washes
Oil Change and Lubrication
Others
Application
Passenger Cars
Commercial Vehicle
Ownership
Automobile Dealerships
Franchise General Repair Shops
Franchise Speciality Shops
Locally Owned Repair Establishments
Product & Services
Firestone Complete Auto Care
Meineke
Jiffy Lube
Midas
Safelite Group
Monro Muffler Brake

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Atherstone Garage Service Centre Ltd
Carn Bosavern Garage Ltd
East Cornwall Garage Ltd
Firestone Complete Auto Care
Jiffy Lube International Inc
Meineke Car Care Centers Inc
Midas International Corp
Monro Muffler Brake Inc
Safelite Group Inc.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Drum Brake Market Overview and Key Findings, 2024
1.2 Drum Brake Market Size and Growth Outlook, 2021- 2030
1.3 Drum Brake Market Growth Opportunities to 2030
1.4 Key Drum Brake Market Trends and Challenges
  1.4.1 Drum Brake Market Drivers and Trends
  1.4.2 Drum Brake Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Drum Brake Companies

2. DRUM BRAKE MARKET SIZE OUTLOOK TO 2030

2.1 Drum Brake Market Size Outlook, USD Million, 2021- 2030
2.2 Drum Brake Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. DRUM BRAKE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. DRUM BRAKE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Leading Trailing Shoe Brake
Dual Two Trailing Shoe Brake
Dual Two Leading Shoe Brake
Material
Aluminium
Cast Iron
Steel Brake
Application
Passenger Vehicle
Commercial Vehicle
Distribution Channel
OEM’s
Aftermarket
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Drum Brake Market, 2025
5.2 Asia Pacific Drum Brake Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Drum Brake Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Drum Brake Market, 2025
5.5 Europe Drum Brake Market Size Outlook by Type, 2021- 2030
5.6 Europe Drum Brake Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Drum Brake Market, 2025
5.8 North America Drum Brake Market Size Outlook by Type, 2021- 2030
5.9 North America Drum Brake Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Drum Brake Market, 2025
5.11 South America Pacific Drum Brake Market Size Outlook by Type, 2021- 2030
5.12 South America Drum Brake Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Drum Brake Market, 2025
5.14 Middle East Africa Drum Brake Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Drum Brake Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Drum Brake Market Size Outlook and Revenue Growth Forecasts
6.2 US Drum Brake Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Drum Brake Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Drum Brake Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Drum Brake Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Drum Brake Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Drum Brake Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Drum Brake Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Drum Brake Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Drum Brake Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Drum Brake Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Drum Brake Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Drum Brake Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Drum Brake Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Drum Brake Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Drum Brake Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Drum Brake Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Drum Brake Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Drum Brake Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Drum Brake Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Drum Brake Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Drum Brake Industry Drivers and Opportunities

7. DRUM BRAKE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. DRUM BRAKE COMPANY PROFILES

8.1 Profiles of Leading Drum Brake Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Aisin Seiki Co. Ltd
Akebono Brake Industry Co. Ltd
Continental AG
Hendrickson USA LLC
Knorr-Bremse AG
KRAFT-TEK Inc
Mando Corp
Nissin Kogyo Co. Ltd
Shandong Taifeng Brake System Co. Ltd
XinYi Co. Ltd
ZF Friedrichshafen AG
Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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