Electric Motor Core Market, By Material Type (Plastics, Metals, Ceramics, Composites, Others), By End-Use Industry (Aerospace and defense, Automotive, Healthcare and medical, Consumer products, Industrial manufacturing, Education and research, Architecture and construction, Others), By Application (Prototyping, Tooling, Functional parts, Customized products, Dental and orthodontics, Prosthetics and implants, Jewelry and fashion, Electronics and electrical components, Others), By Form (Filament, Powder, Liquid, Granules, Others), By Technology (Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Binder Jetting, Material Jetting, Digital Light Processing (DLP), Direct Metal Laser Sintering (DMLS), Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
The electric motor core is a fundamental component of electric motors, playing a crucial role in their performance and efficiency. It is responsible for converting electrical energy into mechanical energy, enabling the rotation of the motor's shaft. The motor core consists of laminations made of magnetic materials, such as silicon steel, which helps in reducing energy losses due to magnetic hysteresis and eddy currents.
With the increasing demand for energy-efficient electric motors across various industries, the electric motor core market has witnessed significant growth in recent years. The growing emphasis on reducing carbon emissions and the shift towards sustainable energy sources have further propelled the demand for electric motors, driving the market for electric motor cores.
Market Dynamics:
The electric motor core market is driven by several factors. First and foremost, the rising adoption of electric vehicles (EVs) and hybrid vehicles is one of the primary drivers of market growth. As governments worldwide are implementing stringent regulations to reduce greenhouse gas emissions, the automotive industry is witnessing a shift towards electrically driven vehicles. This, in turn, has led to an increased demand for electric motor cores.
Additionally, the increasing focus on energy-efficient technologies in various industries, such as manufacturing, appliances, and HVAC systems, has fueled the demand for electric motor cores. These industries are actively seeking ways to reduce energy consumption and improve overall efficiency, making electric motors an attractive choice.
However, there are certain restraints that may hinder market growth. The high production cost of electric motor cores is one such challenge. The cost of raw materials, such as silicon steel, remains a significant factor contributing to the high production cost. Moreover, the complexity of the manufacturing process and the need for specialized equipment also adds to the overall cost.
Despite these challenges, the electric motor core market offers ample opportunities for growth. The advancements in materials and design technologies have resulted in the development of more efficient motor cores, leading to increased demand. Additionally, the increasing investments in research and development activities by key market players aim to further enhance the performance and durability of electric motor cores.
Key Features of the Study:
- This report provides in-depth analysis of the global Electric Motor Core Market, including market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), with 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- Key companies covered as part of this study include Johnson & Johnson (DePuy Synthes), Medtronic plc, Stryker Corporation, and more.
- Insights from this report would allow marketers and management authorities to make informed decisions regarding future product launches, market expansion, and marketing tactics.
- The global Electric Motor Core Market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Electric Motor Core Market.
- By Material Type
- Silicon Steel
- Cold-Rolled Lamination Steel
- Cobalt
- Aluminum
- Others
- By Motor Type
- AC Motors
- DC Motors
- Hermetic Motors
- Others
- By End-use Industry
- Automotive
- HVAC
- Industrial Machinery
- Aerospace & Transportation
- Household Appliances
- Others
- By Electric Motor Type
- Inner Rotor Electric Motor
- Outer Rotor Electric Motor
- By Electric Motor Output Power
- Up to 1 HP
- 1 to 100 HP
- Above 100 HP
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Top companies in Electric Motor Core Market
- Hitachi Metals
- ABB
- Siemens
- WEG
- Nidec
- Wolong
- Jing-Jin Electric
- Toshiba
- Emerson Electric
- Hyosung
- Höganäs
- Voith
- Zhuzhou CRRC Times Electric
- Zhejiang Hengdao Electric
- Shenyang No.1 Machine Tool Works
- Jumo
- Finecharm
- Foshan T-Top Electric
- Zhejiang Top Electric Motor
- XEMC
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Electric Motor Core, By Material Type
- Market Electric Motor Core, By Motor Type
- Market Electric Motor Core, By End-use Industry
- Market Electric Motor Core, By Electric Motor Type
- Market Electric Motor Core, By Electric Motor Output Power
- Market Electric Motor Core, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Environmental Concerns
- Restraints
- Material Properties and Performance Limitations
- Opportunities
- Growing adoption of robotics and industrial automation
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Electric Motor Core Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Electric Motor Core Market , By Material Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Silicon Steel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Cold-Rolled Lamination Steel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Cobalt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Aluminum
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- 6. Electric Motor Core Market , By Motor Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- AC Motors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- DC Motors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Hermetic Motors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 7. Electric Motor Core Market , By Electric Motor Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Inner Rotor Electric Motor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Outer Rotor Electric Motor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 8. Electric Motor Core Market , By End-use Industry, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- HVAC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Industrial Machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Aerospace & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Household Appliances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 9. Electric Motor Core Market , By Electric Motor Output Power, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Up to 1 HP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 1 to 100 HP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Above 100 HP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 10. Electric Motor Core Market , By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 – 2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Output Power, 2023-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Output Power, 2023-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Output Power, 2023-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Output Power, 2023-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Electric Motor Output Power, 2023-2030,(US$ Bn)
- 11. Competitive Landscape
- Hitachi Metals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- ABB
- Siemens
- WEG
- Nidec
- Wolong
- Jing-Jin Electric
- Toshiba
- Emerson Electric
- Hyosung
- Höganäs
- Voith
- Zhuzhou CRRC Times Electric
- Zhejiang Hengdao Electric
- Shenyang No.1 Machine Tool Works
- Jumo
- Finecharm
- Foshan T-Top Electric
- Zhejiang Top Electric Motor
- XEMC
- Analyst Views
- 12. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Electric Motor Core Market” - Global forecast to 2030
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