Motor Lamination Market: Major Trends Reshaping the Future of the Industry

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What Will the Motor Lamination Industry Market Size Be by 2025?
There has been a pronounced expansion in the motor lamination market in the past few years. The market's expected to increase from $21.6 billion in 2024 to $22.72 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.2%. The surge during the historic period can be traced back to a heightened demand for electric vehicles, stringent international regulations concerning energy consumption, advancements in automation and the deployment of electric motors in manufacturing procedures, the development of wind and solar power initiatives necessitating efficient generators, and a boost in the usage of electric motors.

What's the Long-Term Growth Forecast for the Motor Lamination Market Size Through 2029?
In the coming years, the motor lamination market is projected to experience robust growth, expected to spur to $28.51 billion in 2029, at a compound annual growth rate (CAGR) of 5.8%. The anticipated growth during this period is attributed to the ongoing expansion in the EV market, the introduction of novel alloys and composites, an increased focus on reducing carbon emissions, consistent growth in the renewable energy sector, urban growth in emergent economies, and heightened R&D investments. The forecast period will likely see a rise in major trends, such as the adoption of high-performance materials, a shift toward compact and lightweight motor designs to boost automotive and portable applications performance, increase in smart motors integrated with sensors and IoT connectivity for real-time tracking and optimization, implementation of advanced production techniques like laser cutting and additive manufacturing, and an escalating demand for customized motor laminations designed for specific applications and performance needs.

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What Are the Key Growth Drivers Fueling the Motor Lamination Market Expansion?
The motor lamination market is projected to experience growth driven by an anticipated rise in vehicle sales. Vehicle sales involve a business transaction where automobiles' ownership is transferred from sellers to buyers for a fee. As vehicle sales surge, the need for efficient motor lamination solutions becomes increasingly significant due to growing challenges such as meeting evolving regulatory standards and addressing sustainability issues. Motor lamination improves the efficiency and operation of electric motors in vehicles, aiding in crucial functions like propulsion, steering, and auxiliary systems. To illustrate, the National Automobile Dealers Association, a US automotive trade group, reported that new light vehicle sales climbed from 14.93 million units in 2021 to 15.8 million units in 2022 and topped at 15.46 million units in 2023, marking 12.4% growth from 2022 to 2023. Consequently, the higher vehicle sales are propelling the motor lamination market.

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Which Emerging Trends Are Transforming the Motor Lamination Market in 2025?
Leading firms in the lamination market are concentrating on developing cutting-edge products such as the variable frequency drive (VFD), to boost precision, productivity, and user command. The GD20 VFD, for example, is a vector control drive that precisely oversees motor speed and torque, critical for maintaining uniform paper intake and handling varying rates in the lamination process. This was demonstrated in March 2024 when INVT(Shenzhen INVT Electric Co. Ltd.), a company based in China with specialization in industrial automation and power electronics, unveiled a newly accurate and effective lamination technique. In order to achieve such accurate and efficient lamination, an emphasis needs to be put on precise material alignment, adhesive application optimization, and standard quality control. Automated positioning structures and registration marks assist with the flawless alignment of materials, thus lowering errors. Consistent adhesive distribution teamed with temperature and pressure control results in a strong, defect-less bonding. Routine machine calibration, enhanced by properly managed rollers and tension controls, mitigates material distortion and heightens precision. The use of superior quality laminates and materials suitable to the respective application strengthens the final product, whilst automatic quality examinations facilitate early detection of issues, making the lamination process both dependable and productive.

How Is the Motor Lamination Market Segmented?
The motor lamination market covered in this report is segmented -

1) By Material Type: Cold Rolled Non-Oriented Steel, Cold Rolled Non-Grained Oriented Steel, Other Material Types
2) By Technology: Welding, Bonding, Stamping, Other Technologies
3) By Motor Type: Electric Water Pump Motor, Radiator Cooling Fan Motor, Electronic Throttle Valve Control Motor, Electronic Variable Gear Ratio Motor, Electronic Variable Valve Timing Motor, Variable Nozzle Turbo Motor, Adjustable Pedal Motor, Electric Power Steering Motor, Wiper Motor, Other Motor Types
4) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Trucks, Buses
5) By Application: Performance, Comfort, Safety

Subsegments:
1) By Cold Rolled Non-Oriented Steel: Electrical Steel, High Silicon Steel
2) By Cold Rolled Non-Grained Oriented Steel: Non-Grain-Oriented Electrical Steel, High-Performance Non-Grain-Oriented Steel
3) By Other Material Types: Amorphous Steel, Grain-Oriented Electrical Steel, Aluminum-Laminated Steel

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Which Companies Are Leading the Charge in Motor Lamination Market Innovation?
Major companies operating in the motor lamination market are United States Steel Corporation, EuroGroup Laminations S.p.A., LCS Company, Tempel Steel Company, Pitti Engineering Ltd, Godrej And Boyce Manufacturing Limited, Alliance Steel Corporation, Metglas Inc, Precision Micro Ltd., UPG Enterprises LLC, Micro Precision Co. Ltd., Wingard & Co Inc, Partzsch Group, Polaris Laser Laminations LLC, Sinotech Logistics Co Limited, Lake Air Companies, R. Bourgeois SA, HV Wooding Limited, Thomson Lamination Company Inc, TEUK Limited

Which Regions Are Leading the Global Motor Lamination Market in Revenue?
Asia-Pacific was the largest region in the motor lamination market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the motor lamination market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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