Carbon Brush Market
The market for Carbon Brush was estimated at $936 million in 2024; it is anticipated to increase to $1.28 billion by 2030, with projections indicating growth to around $1.65 billion by 2035.
Global Carbon Brush Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Carbon Brush industry revenue is expected to be around $985.6 million in 2025 and expected to showcase growth with 5.3% CAGR between 2025 and 2034. This sustained ascent in the Carbon Brush market clearly underlines the prominent role these components continue to play across various industries. Driving factors attributable to this rising significance include technological advancements, growing electrification of transport, increased dependency on power generation, and the necessity for regular maintenance of electrical and motor-based systems. Being crucial in electrical apparatus and enabling effective electric current exchange, the importance of carbon brushes is profoundly embedded in the modern industrial sector.
Primarily made up of powdered or granulated carbon and housed in a brush holder, a Carbon Brush is fundamentally an electrical contact. It serves diverse applications ranging from power tools and household appliances to industrial motors and generators. Recent industry trends highlighting the adoption of green energy solutions and the upsurge in renewable power generation have given impetus to the demand. Also, continuing needs in sectors like automotive and electrical also contribute to the popularity of Carbon Brush.
Market Key Insights
- The Carbon Brush market is projected to grow from $936.0 million in 2024 to $1.57 billion in 2034. This represents a CAGR of 5.3%, reflecting rising demand across Motors and Generators, Wind Turbines and Power Tools.
- Morgan Advanced Materials, Mersen, Schunk Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Carbon Brush market and are expected to observe the growth CAGR of 3.4% to 5.1% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 6.1% to 7.3%.
- Transition like Electrification of Transportation has greater influence in U.S. and China market's value chain; and is expected to add $35 million of additional value to Carbon Brush industry revenue by 2030.
- The Carbon Brush market is set to add $633 million between 2024 and 2034, with manufacturer targeting Generators & Alternators Applications projected to gain a larger market share.
- With Acceleration of power generation and industrialization, and Advancements in automobile industry, Carbon Brush market to expand 68% between 2024 and 2034.