Key Market Trends and Insights
- Germany dominated the Europe Electric Vehicle Lamination Market in 2025, accounting for approximately 28% of regional revenue, driven by its concentration of EV traction motor manufacturing at Volkswagen Group's motor plants in Salzgitter and Kassel, BMW's Munich and Dingolfing facilities, and Mercedes-Benz's Untertürkheim electric drivetrain plant, each requiring high-volume lamination supply from domestic and pan-European steel suppliers.
- By Material, Silicon Steel (GOES/NOES) holds the dominant share of the Europe EV lamination market, with non-oriented electrical steel (NOES) preferred for traction motor applications due to its isotropic magnetic properties, while the Amorphous and Nanocrystalline segment is the fastest-growing material category driven by its superior core loss performance enabling higher motor efficiency ratings in premium EV applications.
- By Application, Electric Motors command the largest share at over 72% of total EV lamination market revenue in Europe, reflecting the high-volume, structurally critical role of lamination stacks in traction motor design, while Transformers and Generators represent secondary but growing application segments tied to EV charging infrastructure and onboard power conversion.
Market Size and Forecast
- Market Size in 2025: USD 2.85 USD Billion
- Projected Market Size in 2035: USD 8.2 USD Billion
- CAGR from 2026-2035: 14.5%
The Europe EV lamination market growth is anchored in the structural transformation of European automotive manufacturing toward battery-electric drivetrains. The European Commission's Fit for 55 package, mandating zero CO2 emissions from new passenger cars by 2035, has committed Europe's major OEMs to full electrification timelines that require massive scaling of traction motor production capacity. Volkswagen Group's planned production of 1 million EVs annually from its Zwickau and Emden plants, BMW's new-generation Neue Klasse EV platform launching in 2025, and Stellantis's electrification across Peugeot, Opel, Fiat, and Citroën brands all create enormous demand for lamination cores. European electrical steel producers including Thyssenkrupp Electrical Steel, voestalpine, and Stalprodukt are expanding production capacity for high-grade NOES grades specifically optimised for EV traction motor applications, reducing the region's historical dependence on Japanese and Korean NOES suppliers.
Key Takeaways
- Key Takeaway 1: Germany commands approximately 28% of Europe EV lamination market revenue in 2025, anchored by the traction motor manufacturing operations of Volkswagen Group, BMW, Mercedes-Benz, and their first-tier motor suppliers including Bosch, ZF Friedrichshafen, and Magna International.
- Key Takeaway 2: Silicon Steel (NOES) holds the dominant material share, but Amorphous and Nanocrystalline materials are growing at approximately 18.2% CAGR as EV manufacturers in the premium segment prioritise core loss reduction for higher motor efficiency targets.
- Key Takeaway 3: The market is projected to grow at 14.5% CAGR through 2035, reaching USD 8.2 Billion, driven by Europe's EV production ramp-up, the 2035 ICE ban creating structural demand shift, and domestic electrical steel supply chain investment.
Table of Contents
Companies Mentioned
- voestalpine AG
- Thyssenkrupp Steel Europe
- JFE Steel Corporation
- POSCO
- Tata Steel
- Arnold Magnetic Technologies
- Cogent Power (Tata Steel)
- NLMK Group

