AC Motor Carbon Brush Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global AC motor carbon brush market experienced steady growth from 2018 to 2022, driven by the continuous demand for motors in various industries, including automotive, manufacturing, and consumer electronics. The carbon brush market serves a crucial role in ensuring the smooth operation of AC motors by transferring electrical current to the rotating parts. As the global industrial landscape evolved, particularly with the rise of automation and the increased demand for electric vehicles (EVs), the market for AC motor carbon brushes expanded. In 2022, the market was valued at approximately USD 1.5 billion and was projected to grow at a compound annual growth rate (CAGR) of around 4% from 2018 to 2022.
However, looking ahead from 2023 to 2033, demand for AC motor carbon brushes is expected to surge even further due to several key factors. The ongoing development of electric vehicles, where electric motors are integral, will drive the need for more efficient, durable carbon brushes. Additionally, the growing trend toward automation in industrial applications, as well as innovations in motor design that require specialized carbon brushes, will fuel market demand. With the global focus on sustainability, industries are transitioning toward more energy-efficient solutions, further increasing the use of AC motors in various applications like renewable energy generation and HVAC systems. This shift is anticipated to support the market for carbon brushes, with projections estimating a CAGR of approximately 5-6% from 2023 to 2033.
The Asia-Pacific region is expected to remain the largest market for AC motor carbon brushes, owing to rapid industrialization, expanding electric vehicle manufacturing, and increased investments in renewable energy technologies. China, India, and Japan are expected to contribute significantly to the market's growth, driven by their strong industrial sectors and government initiatives supporting electric mobility. Additionally, North America and Europe are also projected to see notable growth, with the increasing adoption of automated solutions and EVs driving demand for AC motor components.
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Mersen
Morgan
Schunk
AVO
Helwig Carbon Products
E-Carbon
Ohio
Fuji
Tris
Toyo Tanso
Dremel
Harbin Electric Carbon Factory
Donon
Sunki
Nantong Kangda
Morxin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global AC Motor Carbon Brush Market
Synchronous Motor
Asynchronous Motor
Based on Types the Market is categorized into Below types that held the largest AC Motor Carbon Brush market share In 2023.
Electrographite Brush
General Graphite Brush
Metal graphite Brush
Silver graphite Brush
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global AC Motor Carbon Brush Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global AC Motor Carbon Brush Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global AC Motor Carbon Brush Market, By Type
6. Global AC Motor Carbon Brush Market, By Application
7. Global AC Motor Carbon Brush Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global AC Motor Carbon Brush Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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