The global carbon brush market looks set to reach a USD 2,900 million in 2023. From 2023 to 2033, the market is likely to register acceleration owing to a slow 4.5% CAGR.
In 2033, the market’s valuation should surpass the USD 4,503.6 million mark. Between 2023 and 2033, the market also appears capable of generating a USD 1,603.5 million absolute dollar opportunity.
Carbon brushes are widely used in motors, generators and other electrical equipment to transfer electrical current and to prevent arching and electrical sparking. Today, the demand for carbon brushes in the electronic industries is rising due to the increasing use of electric vehicles. According to Future Market Insights (FMI), this factor is set to play a prominent role in the coming decade as the market continues to accelerate.
The benefits of carbon brushes include
Carbon powder/graphite is the popular choice in terms of the material used to produce carbon brushes. Certain manufacturers also use copper for making carbon brushes better conductors in DC applications. However, across AC applications, FMI expects graphite to dominate the overall market for carbon brush.
Particular carbon brushes may also consist of electrolytic copper powder. The use of phenol as a binder is also prevalent. Pitch or other resins can be used as binders as well. Binders ensure that the carbon powder stays in shape when it experiences compaction.
While carbon brushes happen to be the most affordable parts across electric motors, they are often the deciding factor when it comes to motors’ performance and durability. Producing carbon brushes is a challenging process, and as a result, only a handful of manufacturers is participating in the current market scenario.
Apart from the automotive and energy sectors, FMI expects the electrical hand tools segment to boost carbon brush sales in the coming years. This is owing to rising urbanization trends around the world, which is fueling countless construction projects. Across these projects, carbon brush demand is set to soar due to its use in powering electrical hand tools.
| Attribute | Key Insights |
|---|---|
| Estimated Carbon Brush Market Value (2023) | ~USD 2,900 million |
| Projected Market Value (2033) | ~USD 4,503.6 million |
| Value-based CAGR (2023 to 2033) | ~4.5% |
| Top Players Share in 2022 | ~55 - 60% |
| Market Statistics | Details |
|---|---|
| Jan to Jun (H1), 2021 (A) | 3.3% |
| Jul to Dec (H2), 2021 (A) | 4% |
| Jan to Jun (H1),2022 Projected (P) | 3.8% |
| Jan to Jun (H1),2022 Outlook (O) | 3.7% |
| Jul to Dec (H2), 2022 Outlook (O) | 4.2% |
| Jul to Dec (H2), 2022 Projected (P) | 3.4% |
| Jan to Jun (H1), 2023 Projected (P) | 3.7% |
| BPS Change : H1,2022 (O) – H1,2022 (P) | (-) 10 |
| BPS Change : H1,2022 (O) – H1,2021 (A) | (+) 40 |
| BPS Change: H2, 2022 (O) – H2, 2022 (P) | (+) 80 |
| BPS Change: H2, 2022 (O) – H2, 2021 (A) | (+) 20 |
The table above primarily provides a pattern of the market’s performance based on changes in the global macro-economic environment. The half-yearly market change in terms of basis points can be a critical indicator for investors to gauge the performance of different markets.
As industrialisation has been a constant driving force, the global automotive industry has witnessed recovery following a lull during the COVID-19 pandemic. There has been an increment in vehicle sales and launches of new models by the OEMs. Increasing semi-conductor availability is also contributing to market acceleration.
Rising prices and increasing interest rates may negatively influence sales. Scarcity of critical raw materials and EV batteries is likely to result in a slowdown of the automotive industry, which might hamper market expansion.
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FMI witnessed a sluggish 3.4% for the carbon brush market from 2018 to 2022. During this period, the global automotive and electronic industries dominated carbon brush demand.
Carbon brushes are quite reliable, which means that their lifetime can be extended if they are well maintained with proper care and use. The better the quality of the brushes, the better the performance and efficiency of motors and generators. Sustainability is expected to be the key measure of success for the manufacturing industry, and emphasis on using energy-efficient solutions will promote sustainable manufacturing.
Carbon brushes continue to experience high demand due to its high replacement rate. In recent years, manufacturers have renewed their focus on proper maintenance and on-time replacement of carbon brushes.
Advancements in technology and increased manufacturing of electric motors across various sectors are driving carbon brush sales. These factors should see the market accelerate at a 4.5% CAGR from 2023 to 2033.
High Replacement Rate and Technological Advancements in the Automotive Industry to Drive Carbon Brush Demand
Owing to their high replacement rate, the aftermarket of carbon brushes is the prime sales channel in the market. This is anticipated to significantly drive the growth of the global carbon brush market over the forecast period 2023 to 2033.
Overtime, electronics has emerged as the most pivotal part in the automotive sector. As the technology is advancing, the combination of electronics and automotive systems is expected to open new grounds for market acceleration.
There is increasing interest in passenger cars equipped with smart technologies among consumers. Government schemes and regulations are also boosting the deployment of such technologies in commercial vehicles. As a result, the integration of electronics is expected to significantly drive market expansion between 2023 and 2033.
Principal Consultant
Advantages of Brushless Motors over Brushed Variants to Hamper Carbon Brush Sales
The exclusive use of brushed motors across industries is a thing of the past. Today, industries have the option of adopting brushless motors. Brushless motors offer several advantages over conventional brushed motors, such as
Quite simply, industries keen on improving productivity and efficiency are likely to adopt brushless motors sooner rather than later. If this likelihood becomes a reality, carbon brush sales would plummet. However, brushless motors are more expensive than brushed motors, which means it should take time for this likelihood to turn into a reality.
Increasing Energy-Efficiency Requirements and Escalating Electrification of Rail Infrastructure to Present Opportunities for Carbon Brush Manufacturers
FMI expects multiple opportunities to emerge for carbon brush manufacturers in the coming years. For starters, the demand for energy-efficient motors is on the rise owing to the environmental damage caused by low-efficiency variants. Government regulations are also paving the way for sustainability in the market.
As a result, companies have the opportunity to invest in the development of carbon brushes that can make motors more efficient. Significant demand for carbon brushes should also come from the worldwide railway sector. As electrification of rail infrastructure continues to experience consistent and continuous expansion, carbon brush demand should propel.
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Based on Product Type, Electro Graphite Carbon Brush Sales to Boost the Market
On the basis of product type, FMI expects the electro graphite carbon brush segment to generate substantial sales. Electro graphite carbon brush adoption is thriving in the electronics sector owing to certain advantages over other variants such as
The worldwide electronics sector should witness stellar acceleration in the years ahead. As a result, electro graphite carbon brush sales are likely to propel. Several key companies in the market have already started to increase their production of electro graphite carbon brushes due to consistently rising demand.
Surging DC Motor Requirements around the World to Fuel Carbon Brush Demand
On the basis of application, FMI predicts the motor segment to account for significant carbon brush demand between 2023 and 2033. The segment is poised to hold a share of around 33.8% in the global market in the coming years.
The reason for the anticipated expansion and domination of this segment stems from the escalating DC motor demand worldwide. As the demand for DC motors continues to soar, so will the requirements for carbon brushes. Rising AC motor demand is also set to play a pertinent role in shaping the market.
Industrial Application Segment to Dominate Market for Carbon Brush Owing to Rising Automation Adoption
Based on end use, the industrial application segment is likely to dominate the market for carbon brush from 2023 to 2033. FMI believes rapidly rising automation adoption across industries is the factor that is set to make this segment propel. Defense, construction, and chemical sector are prominent examples of industries that are embracing automation and expanding exponentially.
The segment should also benefit from the intention of industries to maximize productivity across service and manufacturing sectors. This is likely to result in surging electric motor use across industrial applications and boost carbon brush sales in the long run.
| Country | China |
|---|---|
| Market Share (2023) | 24.6% |
| Market Share (2033) | 27.8% |
| BPS Analysis | 320 |
| Country | The United States |
|---|---|
| Market Share (2023) | 22.8% |
| Market Share (2033) | 23.4% |
| BPS Analysis | 60 |
| Country | Russia |
|---|---|
| Market Share (2023) | 4.5% |
| Market Share (2033) | 4.3% |
| BPS Analysis | -30 |
| Country | Germany |
|---|---|
| Market Share (2023) | 3.6% |
| Market Share (2033) | 3.7% |
| BPS Analysis | -30 |
| Country | Brazil |
|---|---|
| Market Share (2023) | 3.5% |
| Market Share (2033) | 3.2% |
| BPS Analysis | -30 |
China’s Positive Attitude towards International Companies and Notable Status as Vehicle Production Hub to Accelerate its Market for Carbon Frush
When it comes to worldwide vehicle production hubs, China is the undisputed frontrunner. In recent years, the country’s vehicle manufacturing output along with annual sales have skyrocketed. FMI anticipates this trend to continue as both local and international vehicle production are set to expand in China.
The country has also opened its doors to companies based in other countries. For instance, in 2019, Toyo Tanso, a Japan-based company specializing in graphite and carbon product manufacturing, established a subsidiary in China’s Sichuan Province. Prior to the establishment of the subsidiary, Toyo Tanso already had a notable presence in the country’s coastal area.
As the country’s automotive industry continues to register impressive acceleration, so would its adoption of carbon brushes. In the East Asia market for carbon brush, China is likely to outperform all other markets. The overall East Asia market is slated to hold a share of 30.4% in the global market over the coming years.
The United States’ Substantial Production of Carbon Brushes to Spur Sales from 2023 to 2033
Carbon brush demand is rising across the United States, and FMI does not find it surprising. After all, the United States is among the prominent manufacturers and producers of carbon brushes for conventional motors, drill motors, and variants for electrical and grinding applications.
In the recent past, the United States has seen prominent acquisitions and integrations. For example, in February 2020, Milwaukee-based Helwig Carbon Products, Inc. acquired J. Ream Manufacturing, Inc.’s line of brush holders.
The United States market’s performance would be key for the overall acceleration of the North America industry. In the years ahead, FMI expects the North America market to account for around 26.1% of the global industry. Government initiatives to increase industrial production are also facilitating market acceleration.
The complexities and challenges involved in carbon brush manufacturing have contributed to limited market participation. As a result, there are only a handful of carbon brush manufacturers in the world. In the years to come, they are likely to expand their production facilities through acquisitions. Based on developments from the recent past, they are also likely to focus on launching new products.
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| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 2,900 million |
| Projected Market Size (2033) | USD 4,503.6 million |
| Anticipated Growth Rate (2023 to 2033) | 4.5% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Regions Covered | North America; Latin America; East Asia; South Asia and Pacific; Western Europe; Eastern Europe; Central Asia; Russia and Belarus; Balkan and Baltic Countries; and Middle East and Africa |
| Key Segments Covered | Product Type, Application, Sales Channel, End Use, and Region |
| Key Countries Covered | The United States, Canada, Mexico, Brazil, Argentina, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, Germany, France, Italy, Spain, BENELUX, NORDICS, the United Kingdom, Poland, Hungary, Romania, Czech Republic, KSA, UAE, Türkiye, Northern Africa, South Africa, and Israel |
| Key Companies Profiled | Morgan Advanced Materials; Mersen SA; Toyo Tanso Co., Ltd.; Robert Bosch GmbH; Schunk GmbH; Pelican Carbon Brush Pvt. Ltd.; Aupac Co., Ltd.; Helwig Carbon Products Inc; Assam Carbon Products Limited.; Naeem Carbon and Industrial Products LLP; Phynyx Industrial Products Pvt. Ltd.; National Carbon Brush Products |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities, and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Increasing demand for electric vehicles is fueling market growth.
The current market valuation is USD 2,900 million in 2023.
Toyo Tanso Co Ltd and Mersen SA are the key players in the market.
The market expanded at a CAGR of 3.4% in the historical period.
North America is expected to witness lucrative growth opportunities through 2033.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 9.1. General Graphite 9.2. Metal Graphite 9.3. Carbon Graphite 9.4. Electro Graphite 9.5. Silver Graphite 9.6. Resin-Bonded Graphite 9.7. Others (Impregnated) 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 10.1. Motor 10.2. Generator and Alternators 10.3. Current and Signal Transmission 10.4. Grounding Devices 10.5. Others 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 11.1. OEM 11.2. Aftermarket 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 12.1. Automotive 12.2. Electrical Hand Tools 12.3. Industrial Application 12.4. Household Appliances 12.5. Security and Defence 12.6. Petrochemical 12.7. Energy 12.8. Healthcare 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 13.1. North America 13.2. Latin America 13.3. Europe 13.4. East Asia 13.5. South Asia and the Pacific 13.6. Middle East and Africa (MEA) 14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Country Wise Market Analysis 21. Market Structure Analysis 22. Competition Analysis 22.1. Morgan Advanced Materials 22.2. Mersen SA 22.3. Toyo Tanso Co., Ltd 22.4. Robert Bosch GmbH 22.5. Schunk GmbH 22.6. Pelican Pvt. Ltd. 22.7. Aupac Co., Ltd. 22.8. Helwig Carbon Products Inc. 22.9. Assam Carbon Products Limited 22.10. Naeem Carbon and Industrial Products LLP 22.11. Phynyx Industrial Products Pvt. Ltd. 22.12. National Products 23. Assumptions and Acronyms Used 24. Research Methodology
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Carbon Brush Market
