
Growing demand from applications such as automotive industry, electrical hand tools manufacturing, and industrial operations have been governing the sales of carbon brushes worldwide. The carbon brush market is set to record a steady growth during the period 2019 and 2029. Aforementioned information is based on the report – "Carbon Brush Market: Global Industry Analysis 2014-2028 and Opportunity Assessment 2019-2029" – added to the database of Market Research Hub (MRH) recently. Capacity expansions and production line extensions in key industrial sectors, such as energy, consumer goods, healthcare and automotive, will continue to buoy demand for carbon brush in the foreseeable future. Nature of the carbon brush market remains highly consolidated – leading players accounting for ~25% shares. These players have a robust global distribution and production facilities, and are focusing on untapped markets to leverage their latent potential for growth and meet the rising demand. While East Asia continue to spearhead the carbon brush market, owing to its significance as a manufacturing hub, North America will also remain a lucrative marketplace for carbon brush manufacturers to gain measurable returns on investments.