Motor Lamination Market, By Material Type (Nickel Alloys, Silicon Steel, Cobalt Alloys, and Others), By Industry Vertical (Infrastructure, Automotive, Electronics, and Others), By Technology (Staming, Welding, Bonding, and Other Technologies), By Vehicle Type (Trucks, Passengers Cars, Buses, and Light Commercial Vehicles), By Application (Safely, Comfort, and Performance) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI520123 | Publish Date: March 2024 | No. of Pages: 170

Motor Lamination Market Overview

Motor Lamination Market was valued at US$ 18.4 Billion in 2024 and is projected to grow at a CAGR of 6.40% to reach US$ 32.5 Billion by 2034.

[PDF] Motor laminations are typically made by stamping or laser-cutting thin sheets of silicon steel or other magnetic materials. The sheets are then coated with an insulating layer to prevent electrical conductivity between the laminations. The primary purpose of motor laminations is to enhance the motor's efficiency and performance by reducing energy losses due to eddy currents and hysteresis.    

Motor Lamination Market Dynamics

Increasing Demand for Energy-Efficient Motors

As industries and consumers alike seek to reduce energy consumption and carbon emissions, there is a growing demand for energy-efficient electric motors. Motor laminations play a crucial role in improving motor efficiency, making them a key component in meeting these demands.

Industrial Automation and Robotics

Electric motors with high efficiency are necessary due to the growing usage of automation and robots in manufacturing and other industries. These machines' improved accuracy and efficiency are made possible by motor laminations, which increases demand. Continuous improvements in manufacturing techniques, materials, and design optimization have raised the performance of motor laminations and increased their appeal for a range of uses.

Restrains:

Raw Material Price Volatility

Raw material costs, especially those of silicon steel, are prone to price swings. Variability in material prices can have an effect on market stability and the overall cost of motor laminations.

Also, uncertainties and economic downturns can lower investments in the manufacturing and industrial sectors, which can lower demand for motor laminations and electric motors.              

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Motor Lamination Market Segmentation

Motor Lamination Market is segmented based on Material Type, Industry Vertical, Technology, Vehicle Type, Application and Region.

Material Type Insight

On the basis of Material Type, Motor Lamination Market is segmented into Nickel Alloys, Silicon Steel, Cobalt Alloys, and Others.

Industry Vertical Insights

On the basis of Industry Vertical, Motor Lamination Market is segmented into Infrastructure, Automotive, Electronics, and Others.

Technology Insights

On the basis of Technology, Motor Lamination Market is segmented into Staming, Welding, Bonding, and Other Technologies.

Vehicle Type Insights

On the basis of Vehicle Type, Motor Lamination Market is segmented into Trucks, Passengers Cars, Buses, and Light Commercial Vehicles.

Application Insights

On the basis of Application, Motor Lamination Market is segmented into Safely, Comfort, and Performance.

Motor Lamination Market Regional Insights:

On region the Motor Lamination Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America, particularly the United States, has a strong presence in the electric vehicle and renewable energy sectors, which drives the demand for motor laminations. There is also a focus on improving motor efficiency in industrial and manufacturing processes.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The growing automotive industry and increasing industrialization in India drive the demand for motor laminations, especially in electric two-wheelers and small appliances.    

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Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Material Type - Nickel Alloys, Silicon Steel, Cobalt Alloys, and Others

By Industry Vertical - Infrastructure, Automotive, Electronics, and Others

By Technology - Staming, Welding, Bonding, and Other Technologies

By Vehicle Type - Trucks, Passengers Cars, Buses, and Light Commercial Vehicles

By Application - Safely, Comfort, and Performance

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Motor Lamination Market Key Players

Motor Lamination Market Key Players:

The key players operating the Motor Lamination Market includes, LCS Company, Bourgeois, Tempel, Alinabal, Inc., Polaris Laser Laminations LLC, Metglas Inc., Sinotech Inc., Partzsch Group, United States Steel Corporation, and Alliance Steel.  

Motor Lamination Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Material Type
      • Market Snippet, By Industry Vertical
      • Market Snippet, By Technology
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Motor Lamination Market, By Material Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Nickel Alloys
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Silicon Steel
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cobalt Alloys
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Motor Lamination Market, By Industry Vertical, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Infrastructure  
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Motor Lamination Market, By Technology, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Staming
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Welding
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Bonding
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other Technologies
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Motor Lamination Market, By Vehicle Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Trucks
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Passengers Cars
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Buses
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Light Commercial Vehicles
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Motor Lamination Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Safely
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Comfort
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Performance
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Motor Lamination Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Material Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Industry Vertical, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Material Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Industry Vertical, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Material Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Industry Vertical, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Industry Vertical, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Industry Vertical, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • LCS Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bourgeois
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Tempel
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Alinabal, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Polaris Laser Laminations LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Metglas Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sinotech Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Partzsch Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • United States Steel Corporation   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Alliance Steel   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Motor Lamination Market is segmented into Material Type, Industry Vertical, Technology, Vehicle Type, Application and Region.

Motor Lamination Market is driven by factors like increasing demand for energy-efficient motors and industrial automation and robotics.

The key players operating the Motor Lamination Market includes LCS Company, Bourgeois, Tempel, Alinabal, Inc., Polaris Laser Laminations LLC, Metglas Inc., Sinotech Inc., Partzsch Group, United States Steel Corporation, and Alliance Steel.

Motor Lamination Market accounted for US$ 16.7 billion in 2022 and is estimated to be US$ 28.6 billion by 2032 and is anticipated to register a CAGR of 5.6%.