The global market for Motor Lamination was estimated at US$18.3 Billion in 2024 and is projected to reach US$28.5 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Motor Lamination market.
Global Motor Lamination Market - Key Trends and Drivers Summarized
How Is Motor Lamination Enhancing Electric Motor Efficiency?
Motor lamination plays a crucial role in enhancing the efficiency and performance of electric motors by reducing energy losses. These laminations are thin sheets of electrical steel stacked together to form the core of electric motors. By minimizing eddy current losses, which occur due to the swirling of electric currents inside the core material, laminations improve the motor`s energy efficiency. This is particularly important for industries such as automotive, aerospace, and industrial machinery, where electric motors are used extensively. The push for energy efficiency, driven by regulatory mandates and sustainability goals, is making motor lamination a critical component in modern motor design. The motor lamination market includes various types of laminations, such as rotor laminations, stator laminations, and armature laminations. Each serves a unique purpose in reducing magnetic losses in different parts of the motor. Different grades of electrical steel are used for manufacturing these laminations based on their magnetic properties and thickness. Companies are focusing on developing advanced materials that offer high magnetic permeability and low core loss to further improve motor efficiency. The increasing use of electric vehicles (EVs), with their high demand for efficient electric motors, is significantly influencing the market.What Are the Key Trends Impacting the Motor Lamination Market?
Several trends are shaping the motor lamination market, including the growing adoption of electric vehicles, advancements in electrical steel materials, and the increasing focus on renewable energy. The rapid shift toward electric mobility is one of the primary drivers of demand for motor laminations, as automakers aim to improve the efficiency of electric traction motors. In addition, the development of new grades of electrical steel with lower core losses and higher magnetic performance is expanding the potential applications for laminated cores. The transition to renewable energy sources, such as wind and solar, is also contributing to the growth of the motor lamination market. These energy sources require electric motors for power generation and distribution, and higher efficiency motors with advanced lamination techniques can help optimize the performance of wind turbines and other renewable systems. The industry is also seeing a shift towards automation and robotics, where laminated motors are used in precision machinery, further driving market growth.How Do Different Applications Shape the Motor Lamination Market?
Applications include electric motors for automotive, industrial machinery, household appliances, and power generation. Among these, the automotive sector, particularly the electric vehicle segment, holds the largest share due to the increasing production of EVs and hybrid electric vehicles (HEVs). In industrial machinery, laminations are used to enhance the efficiency of equipment such as pumps, compressors, and fans. The end-use industries for motor lamination range from automotive and industrial to consumer electronics and aerospace. Each industry requires specific grades and configurations of laminated cores depending on the motor`s design and intended use. Geographically, North America, Europe, and Asia-Pacific are significant markets, with Asia-Pacific leading due to its strong manufacturing base and increasing adoption of electric vehicles. Government initiatives promoting energy-efficient technologies and sustainability are further influencing market growth in these regions.What Factors Are Driving the Growth in the Motor Lamination Market?
The growth in the motor lamination market is driven by several factors, including the increasing adoption of electric vehicles, rising demand for energy-efficient industrial machinery, and advancements in electrical steel technology. As electric vehicles become more mainstream, the need for efficient electric motors is expanding, which, in turn, drives the demand for high-quality motor laminations. The push for industrial energy efficiency is also encouraging companies to adopt motors with advanced lamination techniques. Additionally, innovations in electrical steel materials that offer lower core losses and better magnetic properties are further enhancing the potential of motor laminations to improve motor performance across various sectors.SCOPE OF STUDY:
The report analyzes the Motor Lamination market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Material (Cold Rolled Non-Oriented (CRNO), Cold Rolled Non-Grain Oriented (CRNGO), Other Materials); Technology (Bonding, Welding, Other Technologies); Application (Performance, Comfort, Safety)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cold Rolled Non-Oriented (CRNO) segment, which is expected to reach US$14.8 Billion by 2030 with a CAGR of a 7.6%. The Cold Rolled Non-Grain Oriented (CRNGO) segment is also set to grow at 8.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.7 Billion in 2024, and China, forecasted to grow at an impressive 11.1% CAGR to reach $6.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Motor Lamination Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Motor Lamination Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Motor Lamination Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Advanced Technology & Materials Co., Ltd., Alliance Steel, Big River Steel Limited, Lamination Specialties, Inc., Laser Technologies and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 42 companies featured in this Motor Lamination market report include:
- 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.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
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 | June 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 18.3 Billion |
Forecasted Market Value ( USD | $ 28.5 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |