As per Future Market Insights, the brush rocker market is anticipated to attain a value pool of US$ 30 billion by 2023-end. Global demand for brush rockersis expected to rise at a CAGR of 5.2% to US$ 50 billion in 2033.
The brush rocker market has been gaining traction in recent years due to the increasing demand for cleaning equipment in residential and commercial settings. A detailed overview of the brush rocker market, including its drivers, opportunities, and trends is given below:
Prominent Market Drivers:
There are numerous factors driving the growth of the brush rocker market including:
Increasing demand for cleaning equipment in various industries: Among the primary drivers is the increasing demand for cleaning equipment in various industries. With businesses and organizations focusing on providing a clean and safe environment, there is a growing need for cleaning devices that are efficient, effective, and easy to use. This is especially true in industries such as healthcare, food, and hospitality, where maintaining high levels of hygiene is critical.
Rise of the e-commerce industry: The brush rocker market's growth is also being driven by the rise of the e-commerce industry. With more consumers opting to purchase products online, manufacturers and distributors of brush rockers are investing heavily in online sales channels to expand their market reach and accessibility. This has helped to increase the availability and accessibility of brush rockers to a wider range of consumers.
Opportunities:
There are numerous opportunities for growth in the brush rocker market including:
Growing demand for environmentally-friendly cleaning equipment: Among the most significant opportunities is the growing demand for environmentally-friendly cleaning equipment. As more consumers become environmentally conscious, they are looking for cleaning products that are more sustainable and less harmful to the environment. This is creating new opportunities for manufacturers to develop more sustainable and eco-friendly brush rockers.
Development of innovative products: The development of innovative products that cater to the specific needs of different industries is also an important opportunity for growth the brush rocker market. As the market continues to expand, there will be new opportunities for manufacturers to develop brush rockers that are tailored to the needs of specific industries, such as healthcare or food service.
Key Market Trends:
There are numerous trends in the brush rocker market that are shaping its development including:
Increasing adoption of battery-powered and cordless devices: Among the prominent trends is the increasing adoption of battery-powered and cordless devices. These types of devices offer greater flexibility and mobility compared to traditional corded models, making them ideal for use in larger areas or hard-to-reach spaces. The battery-powered brush rockers are also more energy-efficient, which can help businesses to reduce their energy consumption and operating costs.
Increasing use of advanced technologies: An eminent trend in the brush rocker market is the increasing use of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). These technologies enable brush rockers to perform more complex tasks and can help to improve the efficiency and effectiveness of cleaning processes. For example, AI-powered brush rockers can detect the type and amount of dirt on a surface and adjust their cleaning settings accordingly, while IoT-enabled devices can be remotely controlled and monitored using a smartphone or tablet.
The brush rocker market is poised for continued growth in the coming years, driven by factors such as the increasing demand for cleaning equipment, the rise of e-commerce, and the development of new products and technologies. As this market continues to evolve, it will be critical for manufacturers and distributors to stay abreast of the latest trends and opportunities to maintain their competitive edge.
Data Points
Key Statistics
Expected Market Value in 2023
US$ 30 billion
Projected Market Value in 2033
US$ 50 billion
Growth Rate (2023 to 2033)
5.2% CAGR
The Brush Rocker market is expected to witness a high recovery, with a substantial growth over the forecast period. Sales of brush rockers are expected to ascend over the forecast period due to high adoptance of electric vehicles in various regions.
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What is Driving Demand for Brush Rocker?
Increasing demands for reduction of maintenance and repair of electric motors as well as the need to maintain constant pressure on brushes to deliver full current density is expected to continue the market growth. Electrification of vehicles and increasing awareness towards renewable energy generation technologies present themselves as high growth markets for brush rock manufacturers.
Sales of brush rockers are however restrained by the associated high price tag where thermoplastics are usually used as raw materials for the same. The resultant processing and manufacturing costs coupled with the capital intensive machinery and tools required to manufacture thermoplastics is said to incur a high production cost coupled with selling margin thus making the device as an expensive one.
Besides the electric vehicle industry, sales of the product are expected to grow at a very high rate in the energy generation and renewables sector. Brush Rockers are gaining a higher adoption rate due to its ability to keep brushes within a motor precise, accurate and stable under the toughest of conditions, thereby ensuring efficiency of the energy generation system and without causing any losses.
Electric Vehicle Market: A High Growth End Use Market for Brush Rocker
During the first of 2020 pandemic, strict lockdown measures massively impacted manufacturing facilities as well as supply chains. Though the fuel based automotive sales noticed a severe dip, however there were signs of resilience from the electrical vehicles. These were due to several governments around the world imposing strict regulations regarding emission standards in various European countries.
Some countries such as Germany also began purchase incentives for electric vehicles. These factors will present manufacturers with many further opportunities over the forecast period.
Growth in the importance towards incorporation of automation in manufacturing facilities is also expected is also expected to boost the market. Hence, product innovations may ensure higher reliability in these automated procedures, thereby reducing dependence on labor and remain unaffected by lockdown measures.
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How is Europe a Lucrative Market for the Brush Rocker Market?
Climate change is one of the most critical priorities for various European governments. The European electrical vehicle sector has been witnessing significant growth than other regions. Countries such as The Netherlands and others in the Nordics have already achieved high volumes of electrical vehicle sales.
This trend is expected to be followed by other countries as well. With a number of governments such as the United Kingdom and Germany, committed towards a net zero emission goal by 2050 and 2035 respectively, has increased sales of electric vehicles. These agendas and regulations continue to drive the demand for the market.
Reduction in battery costs and upgraded OEM offerings with respect to vehicle choices and performance is expected to create high demand for the electric automotive industry and subsequently for the market.
The European Union’s target of achieving a target of 55% greenhouse gases reduction by 2030, and its record of generating more electricity from wind and solar projects in 2020, has made itself a lucrative market for manufacturers.
Who are the Key Manufacturers and Suppliers of Brush Rocker?
Some of the leading manufacturers and suppliers include
Schunk Group
Wenzhou Donon Carbon Ware Co., Ltd
Mersen Group
Changsha Aobo Carbon Co., Ltd
Jaspo International Co., Ltd
Zheijang Dongli Electric Appliance Co., Ltd
Hitachi Koki Co., Ltd
ABB Ltd.
Siemens AG
Others
Leading manufacturers are focusing on innovating their product portfolios for them to be adaptable in harsh conditions. Companies are also integrating their products with brush holders, to facilitate maintenance and assembly in any sorts of environments.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
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