Carbon Brush Market to grow by USD 614.29 mn at a CAGR of 4.48% from 2021 to 2026| Industrial Segment to be significant for Revenue Generation |17000+ Technavio Reports

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The carbon brush market share growth by the industrial segment will be significant for revenue generation. Industrial machinery is an essential part of various other manufacturing and service industries and helps maximize productivity. The growing adoption of automation in industries such as automotive, construction, and aerospace will continue to bolster the demand for industrial machinery, which, in turn, will fuel the demand for electrical components and parts, such as motors, during the forecast period. The carbon brush market share is set to grow by USD 614.29 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.48%.

Attractive Opportunities in Carbon Brush Market by Application and Geography - Forecast and Analysis 2022-2026

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The rising integration of electronics in automotive systems is notably driving the carbon brush market's growth, although factors such as fluctuating prices of raw materials from China may impede the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Read the 120-page report with TOC on "Carbon Brush Market Analysis Report by Application (industrial, automotive, household appliances, and others) and Geography (APAC, North America, Europe, South America, and MEA) Forecasts,2022-2026":https://www.technavio.com/report/report/carbon-brush-market-industry-analysis

Major Carbon Brush Companies:

  • AVOCarbon Group
  • Fuji Carbon Manufacturing Co.
  • Helwig Carbon Products Inc.
  • Mersen SA
  • Morgan Advanced Materials
  • Ohio Carbon Industries
  • SCHUNK GmbH and Co. KG
  • Toyo Tanso Co. Ltd.
  • TRIS Inc.
  • Wabtec Corp.

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Carbon Brush Market Application Outlook (Revenue, USD mn, 2021-2026)

  • Industrial - size, and forecast 2021-2026
  • Automotive - size and forecast 2021-2026
  • Household appliances - size and forecast 2021-2026
  • Others - size and forecast 2021-2026

Carbon Brush Market Geography Outlook (Revenue, USD mn, 2021-2026)

  • APAC - size and forecast 2021-2026
  • North America - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • South America - size and forecast 2021-2026
  • MEA - size and forecast 2021-2026

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Carbon Brush Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.48%

Market growth 2022-2026

USD 614.29 million

Market structure

Fragmented

YoY growth (%)

4.14

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 49%

Key consumer countries

China, US, Germany, Canada, Japan, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AVOCarbon Group, Fuji Carbon Manufacturing Co., Helwig Carbon Products Inc., Mersen SA, Morgan Advanced Materials, Ohio Carbon Industries, SCHUNK GmbH, and Co. KG, Toyo Tanso Co. Ltd., TRIS Inc., and Wabtec Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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