Silver Graphite Brush Market Size Anticipated to Grow at a CAGR of 2.3% During the Forecast Period 2021-2026

Silver Graphite Brush Market
Adoption of Wireless Communication Solutions Drive the Growth of Silver Graphite Brush Market

The Silver Graphite Brush Market size is analysed to grow at a CAGR of 2.3% during the forecast 2021-2026 to reach $115.5 Million by 2026. The Silver Graphite Brush offers high conductivity and low resistance to manage the most demanding requirements in various industrial applications all over the world. The latest introduction of sophisticated automotive electronics, as well as with the promising requirement for cost-effective and precise solution, pertinent to techniques, such as molding technology, grounding application, Press-Fit Technology and more are estimated to promote the growth of the Silver Graphite Brush Industry. Furthermore, the prospective industrial development in emerging economies, and prevalent demand to manufacture products, including precision instruments, wind energy generators, large cranes, aircrafts, ships, and other high conductivity applications to the highest standard and performance are responsible to drive the market growth. In fact, the growing investment in the global carbon brushes development, such as shaft earthing solution due to the extensive research and development to understand carbon and graphite materials science for designing high-end testing and manufacturing facilities result in the growth of the market. Therefore, the growing demand for supreme manufacturing capabilities and world-class design solutions across data transfer, power, automotive and home appliance sectors are estimated to influence the growth of the Silver Graphite Brush Market. 

Silver Graphite Brush market Segment Analysis – By Application

Based on Application, the Silver Graphite Brush market is segmented into Motor, Generator, Slip ring and others. The Motor application is analysed to hold the maximum share of 46.7% in 2020, owing to the growing demand of manufacturing traction motor, which is used for the application of propulsion of locomotives and vehicles. Moreover, the constant introduction of innovative and reliable motion solutions ensure advanced performance and reliability which adds growth to the market. In August 2020, a renowned leader in motor solutions, Johnson Electric launched a series of low voltage DC (LVDC) motor solutions. The product line is designed for smart door locks, and ranges in diameter from 10 to 24 mm. Hence, the increasing adoption of a range of motors in automotive, HVAC and consumer electronics applications are analysed to drive the growth of the Silver Graphite Brush Market.

Silver Graphite Brush market Segment Analysis – By Industry vertical

Based on the Industry Vertical, the Silver Graphite Brush market is segmented into Telecommunication, Consumer Electronics, Aerospace and Defense, Automotive, Medical, Industrial Machinery, Energy and Power Systems, Heavy Machinery, Construction and Others. The Automotive sector is estimated to hold a major share of 36.5% in 2020, owing to the significant demand for supreme reliability performance of the automotive system, along with the significant integration to operate every type of vehicle such as motorcycles, passenger cars, trucks, busses and more. In June 2020, TE Connectivity (TE), a world leader in connectivity and sensors, unveiled the latest release of the LEAVYSEAL product line massively, through LEAVYSEAL connectors. The LEAVYSEAL product of TE’s is a sealed high pin count solution, which provides a huge portfolio of connectors and accessories, designed to support vehicles to function in safer and cleaner ways. Therefore, the introduction of proprietary silver graphite brush specifications and associated technological advancement are some of the reasons that are accelerating the Silver Graphite Brush market.

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Silver Graphite Brush market Segment Analysis – By Geography

Based on geography, the Asia Pacific is analysed to hold the significant share of 38.6% in 2020, owing to the promising technological development in automotive, prominence of connected devices along with the major semiconductor assembly and testing application investments in various automotive applications. In November 2020, Mitsubishi Electric Corporation, a leading worldwide manufacturer of electrical and electronic products launched a new series of silicon-carbide metal-oxide-semiconductor field-effect transistors (MOSFETs), the N-series of 1200V SiC-MOSFETs in a TO-247-4 package1. Mitsubishi’s latest series reduce the physical size of power-supply systems and consumption, such as electric vehicle (EV) on-board chargers and photovoltaic power systems. Therefore, the advancing technological landscape to address the promising demand for high-reliability technology is a key factor that contribute immensely towards the growth of the Silver Graphite Brush market.

Silver Graphite Brush Market Drivers

Promising adoption of Iot-Enabled Connected Devices influence the market growth

The surging demand of Iot-Enabled Connected Devices in several industry verticals, including construction, mining, general manufacturing, transportation, consumer electronics, and others are analysed to drive the Silver Graphite Brush Market. In October 2019, OYSTER BAY, N.Y. Mill-Max Manufacturing Corp. Inc. announced the launch of the 0448-0-15-15-48-27-10-0 and 0640-0-15-15-48-27-10-0 minimal insertion length contact for developing the flexibility in assembly of boards, component placement and modules in Oyster Bay, N.Y. Furthermore, the growing demand for enhanced reliability of connectors to initiate diversified IoT applications, such as networking equipment, is observed to influence the rapid industrial growth. Moreover, the overall investment on Internet of Things (IoT) across Asia pacific is observed to reach $289.7 billion in 2024, as countries such as India, China and Korea are developing advanced personal and consumer solutions. Hence, the introduction of the advanced carbon brush technologies, and rising usage of several added benefits of silver graphite brushes due to better current distribution, minimum losses, and superior performance are estimated to drive the growth of the Silver Graphite Brush Market.

Wide-scale adoption of wireless communication solutions drive the growth of market

For the past few decades, the growth of the information technology and electronics sectors is stupendous and also, the explosive investment in the advancement into a range of applications in semiconductor manufacturing in recent years, adds a lucrative growth rate to the Silver Graphite Brush Market. In October 2020, Advantech, a leading supplier of IoT intelligent systems, Industry 4.0, and machine automation solution announced the expansion of its portfolio of device servers and Modbus gateways with the launch of the EKI-1521I-SC-A, EKI-1221I-MT-A, and EKI-1222I-SC-A. All these Advnatech’s solutions by are developed with fiber optics ports for denoting enhanced connectivity in various applications, including long distance transmission and protocol conversion. In fact, the launches of such avant-garde wireless devices and other related industrial communication solutions further adds together the opportunity for growth. In July 2020, Mobile operators in Asia PacificTelcosinvest over $400 billion to develop their networks between 2020 and 2025, and another $331 billion will be on 5G deployments to transform industry and manufacturing sectors.Hence, the huge expansion of wireless system technologies to advance the smart infrastructure and constant development of the Internet of Things (IoT) are estimated to drive the Silver Graphite Brush Market.

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Silver Graphite Brush Market Challenges

Worldwide Outbreak of Covid -19 in 2020 hamper the market growth

The growth of electrical solutions is advancing massively, owing to the constant launches of significant innovative devices, introduction of EV vehicles and other varied solutions to deploy across multiple sectors. However, this substantial growth rate is interrupted by the pandemic caused by Covid 19. The production facilities across the globe for electronics products have been halted due to the slowdown of the logistics services and also, unavailability of the workforce. The discontinuation of the delivery eventually played an important role to discourage the investors and manufacturers to develop a range of hardware products, based on automotive, enterprise system, industrial, communication equipment and more. Therefore, the outbreak of COVID-19 pandemic put off the market growth immensely, and also hampers the growth of the Silver Graphite Brush Market.

Silver Graphite Brush Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Silver Graphite Brush Market. The Silver Graphite Brush top 10 companies include:

Mersen
Morgan
Schunk
AVO
Helwig Carbon Products
GERKEN
Ohio
Fuji
Tris
Toyo Tanso

Acquisitions/Technology Launches/Partnerships

In 2020, Mersen Group invested $123.24 Million in research and development for developing new products in respect to advanced materials, such as graphite specialist products, such as brushes, brush holders, and other anti-corrosion equipment. The company generally devotes around 3% of its sales to research and development for designing innovative Electrical protection & control products, materials and processes.

Key Takeaways

Asia Pacific is analysed to hold the significant share of 38.6% in 2020, owing to the promising technological development in automotive, prominence of connected devices along with the major semiconductor assembly and testing application investments in various automotive applications.

The Automotive sector is estimated to hold a major share of 36.5% in 2020, owing to the significant demand for supreme reliability performance of the automotive system, along with the significant integration to operate every type of vehicle such as motorcycles, passenger cars, trucks, busses and more.

The surging demand of Iot-Enabled Connected Devices in several industry verticals, including construction, mining, general manufacturing, transportation, consumer electronics, and others are analysed to drive the Silver Graphite Brush Market.

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