October 18, 2021

Industrial Brushes Market Size Grows by USD 504.48 mn | Rise in EV sales Accelerates Market Growth | Technavio

NEW YORK, Oct. 7, 2021 /PRNewswire/ — The global industrial brushes market is expected to witness an incremental growth of…

NEW YORK, Oct. 7, 2021 /PRNewswire/ — The global industrial brushes market is expected to witness an incremental growth of USD 504.48 million, accelerating at over 5% between 2021 and 2025, according to the latest research report from Technvavio. The industrial brushes market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

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Technavio analyzes the market by End-user (Automotive, Aerospace and Defense, Construction and utility, and Others) and Geography (North America, Europe, APAC, South America, and MEA). The increasing demand for customized industrial brushes is expected to have a positive impact on the growth of the industrial brushes market during the forecast period.

Also, this study identifies the expansion in the commercial aircraft sector and rise in EV sales as other major factors driving the industrial brushes market growth during the next few years.

This report presents a detailed picture of the industrial brushes market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The industrial brushes market covers the following areas:

Industrial Brushes Market Sizing

Industrial Brushes Market Forecast

Industrial Brushes Market Analysis

Companies Mentioned

  • 3M Co.
  • Carolina Brush
  • Fuller Industries LLC
  • Gordon Brush Mfg. Co. Inc.
  • Robert Bosch GmbH
  • Schaefer Brush
  • Spiral Brushes Inc.
  • Tanis Brush Inc.
  • The Industrial Brush Company Inc.
  • Unimade Industry Co. Ltd.

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Related Reports:

Global Brush Cutter Market
 – Global brush cutter market is segmented by product (cordless brush cutter and corded brush cutter), end-user (residential and commercial), and geography (North America, Europe, APAC, South America, and MEA).

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Global Brushless DC Motors Market – Global brushless DC motors market is segmented by product (less than 750 W, between 750 W and 3 kW, more than 75 kW, and between 3 kW and 75 kW), end-user (industrial, consumer durables, automotive, aerospace and defense, and healthcare), and geography (APAC, North America, Europe, South America, and MEA).

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Industrial Brushes Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 5%

Market growth 2021-2025

$ 504.48 million

Market structure

Fragmented

YoY growth (%)

3.91

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 36%

Key consumer countries

US, Germany, China, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Carolina Brush, Fuller Industries LLC, Gordon Brush Mfg. Co. Inc., Robert Bosch GmbH, Schaefer Brush, Spiral Brushes Inc., Tanis Brush Inc., The Industrial Brush Company Inc., and Unimade Industry Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio