Fior Markets launched a study titled “Carbon Brush Market by Product (Carbon, Graphite, Electrographite, Others), Applications, Industry (Industrial, Automotive, Electrical, Other),Region” and Global Forecast 2019-2026.
The global carbon brush market is expected to grow from USD XX million in 2018 to USD XX million by 2026 at a CAGR of xx% during the forecast period from 2019-2026. Rising industrial growth especially in the developing economies, demand for carbon brush, and increasing use in home appliances are factors swelling the growth of the market
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Product segment include carbon, graphite, electrographite, and others. The carbon segment valued around USD XX million in 2018. Carbon brush are used to conduct current between stationary wires and moving parts and are most commonly used in a rotating shaft.
Applications segment covers grounding devices, signal and current transmission, alternators and generators, motors, others. The signal and current transmission segment held highest market share of XX% in 2018. A carbon brush is a sliding contact used to transmit electrical current from a static to a rotating part in a motor or generator.
Industry segment is categorized into industrial, automotive, household, electrical, and other. The electrical segment is anticipated to grow with highest CAGR XX% during the forecast period owing to the use of copper brush in transferring electricity from a still part in a device to the part which rotates in a rotating device.
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Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacificregion dominated the global carbon brush market with market share of 37.08% in 2018. Increasing use in electronics and automotive industries, demand of carbon brush, and rapid technological advancements are the factors that led to the growth of carbon brush market in Asia Pacific region.
The major players of market include are SchmidthammerElektrokohle GmbH., Elektrokarbon, A.S., Morgan Advanced Materials Plc., Mersen, Toyo Tanso Co. Ltd., Helwig Carbon Products Inc., Avo Carbon Group, Schunk GmbH, and others.
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