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Carbon Brush Market Size & Share set for accelerated growth by 2024

01-28-2019 02:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Carbon Brush Market Size & Share set for accelerated growth

Global Carbon Brush Market: Overview

For certain types of generators or electric motors to function, the coils of the rotor must be connected in such manner that they complete an electrical circuit and the current can be transferred throughout the device. In order to transfer current from a stationary part of the device to the rotating part in a rotating electrical device, carbon brushes are used. It is a form of sliding contact which is made out of copper wires arranged in the form of a brush which acts as an element that transmits current to the device. Carbon brush has remarkable electrical conductivity and high-temperature resistance. They also have lower modulus of elasticity and lower coefficient of friction which makes it a highly demanded product in the automotive and industrial sector. Depending on the material used, the most commonly used types of carbon brushes are metal-graphite, electro-graphite, carbon-graphite, and resin-bonded graphite among the others.

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Global Carbon Brush Market: Segmentation

The global carbon brush market is segmented into its product type, application type, end-users, and geography. On the basis of product type, the market is divided into graphite, carbon graphite, resin-bonded graphite, metal-graphite, electro-graphite, and others. Based on the application type, the market is categorized into grounding devices, signal and current transmission, alternators and generators, motors, and others. On the basis of end-users, the market is segregated into household appliances, industrial application, electrical hand tools, automotive sector, and others. Based on geography, the market is diversified into Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

Global Carbon Brush Market: Growth Factors

A steady growth will be registered in the global carbon brush market. This can be attributed to the stable economic growth, escalating industrial growth especially in the developing economies. Demand for carbon brush will be extensive in the automotive sector. Another major application of the carbon brush will be witnessed in the home appliance segment. Together, the home appliance and automotive sector will account for the large share in the market growth.

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Global Carbon Brush Market: Regional Analysis

The largest share in the carbon brush market is held by Asia Pacific. Growth can be attributed to the developing electronics and automotive industries in this region. Countries such as China, India, Japan, New Zealand, and Australia are the major contributors in this region. Following Asia Pacific in its growth is North America. The U.S. and Canada are the chief growth centers in North America owing to the growing automotive sector in this region. Europe will witness moderate growth rate in the future years. Latin America and the Middle East and Africa will also be contributing a considerable share in the market growth.

Global Carbon Brush Market: Competitive Players

Some of the major companies in the carbon brush market include Schmidthammer Elektrokohle GmbH., Elektrokarbon, A.S., Morgan Advanced Materials Plc., Mersen, Toyo Tanso Co. Ltd., Helwig Carbon Products Inc., Avo Carbon Group, and Schunk GmbH.

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Global Carbon Brush Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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