- Automotive brake shoes, critical components of drum brake systems, are essential for ensuring vehicle safety by providing reliable stopping power in various vehicle types, including passenger cars, commercial vehicles, and two-wheelers
- The market is fueled by stringent global safety regulations, increasing vehicle parc, and growing consumer awareness of the importance of regular brake system maintenance
- Asia-Pacific dominated the automotive brake shoe market with the largest revenue share of 42.5% in 2024, driven by high vehicle production rates, particularly in countries such as China and India, coupled with a robust automotive manufacturing ecosystem and increasing aftermarket demand
- North America is expected to be the fastest-growing region during the forecast period, propelled by advancements in braking technologies, rising adoption of electric vehicles, and strong aftermarket sales driven by a large vehicle parc and high consumer spending on vehicle maintenance
- The passenger vehicles segment dominated the largest market revenue share of 42.0% in 2024, driven by the global surge in SUV and sedan demand, coupled with consumer emphasis on safety and performance
