Global Motor Lamination Market to Reach $28.5 Billion by 2030
The global market for Motor Lamination estimated at US$13.4 Billion in the year 2022, is projected to reach a revised size of US$28.5 Billion by 2030, growing at a CAGR of 9.9% over the analysis period 2022-2030. Cold Rolled Non-Oriented (CRNO), one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$14.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cold Rolled Non-Grain Oriented (CRNGO) segment is readjusted to a revised 10.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 14.8% CAGR
The Motor Lamination market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2030 trailing a CAGR of 14.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.Select Competitors (Total 42 Featured) -
- Advanced Technology & Materials Co., Ltd.
- Alliance Steel
- Big River Steel Limited
- Lamination Specialties, Inc.
- Laser Technologies
- Lawkim Motors Group
- LCS Company
- Partzsch Elektromotoren E.K.
- Pitti Engineering Limited
- R Bourgeois
- Tempel Steel Company, Inc.
- United States Steel Corp.
- Wingard & Co.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Technology & Materials Co., Ltd.
- Alliance Steel
- Big River Steel Limited
- Lamination Specialties, Inc.
- Laser Technologies
- Lawkim Motors Group
- LCS Company
- Partzsch Elektromotoren E.K.
- Pitti Engineering Limited
- R Bourgeois
- Tempel Steel Company, Inc.
- United States Steel Corp.
- Wingard & Co.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 13.4 Billion |
Forecasted Market Value ( USD | $ 28.5 Billion |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Global |