According to a market report by Lucintel, the future of the global carbon brush market looks promising with opportunities in the industrial, automotive, household, and electrical markets. The global carbon brush market is expected to reach an estimated $2.3 billion by 2030 from $1.6 billion in 2023, at a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are growing demand from the automotive industry, rising adoption of household equipment, and significantly growing industrial sector across the globe.
A more than 150-page report to understand trends, opportunity and forecast in carbon brush market to 2030 by type (graphite, carbon fiber, electro graphite, metal graphite, and others), application (motors, generators/alternators, grounding devices, signal & power transmission, and others), end use industry (industrial, automotive, household, electrical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that graphite will remain the largest segment over the forecast period.
Within this market, automotive will remain the largest segment.
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North America is expected to witness highest growth over the forecast period.
Morgan Advanced Materials, Schmidthammer Elektrokohle GmbH, Elektrokarbon, Mersen, Toyo Tanso Co.Ltd., Helwig Carbon Products Inc., Avo Carbon Group, Robert Bosch GmbH, Schunk GmbH, Aupac Co.Ltd. are the major suppliers in the carbon brush market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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