Global Automotive Carbon Brush Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automotive Carbon Brush Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Carbon brush are used to conduct current between stationary wires and moving parts and are most commonly used in a rotating shaft. It is widely used in applications such as electric motors, alternators and electric generators.

Market Overview:

The latest research study on the global Automotive Carbon Brush market finds that the global Automotive Carbon Brush market reached a value of USD 685.95 million in 2022. It’s expected that the market will achieve USD 822.89 million by 2028, exhibiting a CAGR of 3.08% during the forecast period.

Influence of COVID-19 Outbreak on Automotive Carbon Brush Industry Development

The impact of the epidemic on the automotive carbon brush manufacturing industry is mainly manifested in time. The company was forced to suspend production for a period of time, the production plan was disrupted, and the first quarter was basically delayed, and the plans for subsequent quarters were also affected. From the processing of raw materials, supporting parts, parts and components to downstream companies, one link has a problem, and the entire industrial chain cannot continue.
In the carbon brush market, due to the company's suspension of production and production, it is impossible to deliver to customers as scheduled. Although some companies have rescued their losses by issuing Proof of Force Majeure, if the company is not the only supplier of the other party, customers will consider changing suppliers and choose suppliers in areas less affected by the epidemic. Many small manufacturers may Difficulty in operation, and even bankruptcy due to the loss of downstream customers.
After waiting for the epidemic to pass, the loss of the delayed period will ultimately be paid by the market and consumers. Although all parts of the world are encouraging the resumption of work and production, the second epidemic has returned in many areas. The overall situation is that only some employees have arrived, and logistics and supply chains cannot keep up in time. During the outbreak, all these factors will cause the demand for carbon brushes to drop sharply in the short term. As the government relaxes lockdown restrictions, demand is likely to recover strongly in 2021.
The Automotive industry is the most important and most important downstream industry in the Automotive Carbon Brush industry. Almost all the needs of the Automotive Carbon Brush industry come from the automobile market. Therefore, changes in the automotive market caused by the epidemic will directly affect the consumption and demand of Carbon Brush companies.
However, under the influence of the COVID-19, the global automotive industry is encountering an unprecedented crisis in history from production to consumption. The epidemic first caused the shutdown of factories. At present, all factories in the world except China have still stopped production, and at least 120 auto factories have been temporarily closed. In the United States alone, many auto industry workers died of the new crown virus. Under the pressure of the union, the three major U.S. automakers Ford, General Motors, and Fiat Chrysler announced in mid-March that their North American factories had stopped production. The European automobile manufacturing industry has been also gradually shut down. Global car sales are also plummeting. Taking the UK market as an example, according to data from the British Motor Vehicle Manufacturing and Trading Association, in March 2020, new car sales in the UK fell 44.4% year-on-year, because of the epidemic, people could not drive and travel. After the stagnant development of the entire automobile industry, the demand market of the Automotive Carbon Brush industry has been hit hard in a short period of time.

Strength

Automotive carbon brush manufacturers have been investing in expansion of production capabilities in addition to the integration of tech improvements as strategies to bolster sales and profit margins.
Frequent innovations in the consumer appliances sector is a major factor driving adoption of automotive carbon brushes.
Steady growth of global industrial economy sustains long-term demand for automotive carbon brushes.

Weakness

Limited scope for innovations in carbon brushes holds back market growth, and provides impetus to alternatives.
Poor performance in high-density settings restrict sales and application of automotive carbon brushes.

Opportunity

Graphite based automotive carbon brushes account for significant revenue, supported by cost and durability benefits.
Automotive production applications hold major market share, with transition towards electric vehicles.
Asia Pacific is becoming a leading market for automotive carbon brushes owing to its massive .manufacturing sector consumer base.
Rising integration of electronics in automotive systems.

Threat

The COVID-19 has adversely affected the global economy and industrial activity.
Fierce competition in the industry.
The global carbon brush market is a fragmented market, with a number of big market players and regional players.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

AVO is one of the major players operating in the Automotive Carbon Brush market, holding a share of 14.21% in 2020.

AVOCarbon manufactures auto parts. The Company offers wipers, engines, fuel pumps, sunroof, electric seat movers, starter, anti-lock brakers, steering, fuse chokes, motor brushes, and holders.

Tris Inc. was founded in 1946. The Company's line of business includes manufacturing carbon and graphite products.

Segmentation Overview:

Among different product types, Metal Graphite Brush segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Passenger Automotive segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Automotive Carbon Brush market covered in Chapter 3:

Helwig Carbon Products
Schunk
Donon
Schmidthammer Elektrokohle GmbH
Morgan
Nantong Kangda
Fuji
Toyo Tanso
Ohio Carbon Industries
Mersen
Tris
Sunki
AVO

In Chapter 4 and Chapter 14.2, on the basis of types, the Automotive Carbon Brush market from 2018 to 2029 is primarily split into:

Electrographite Brush
Graphite Brush
Metal Graphite Brush
Silver Graphite Brush

Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automotive Carbon Brush market from 2018 to 2029 covers:

Commercial Automotive
Passenger Automotive

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)