Global Automotive Motor Core Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Automotive Motor Core Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Automotive Motor Core market size was valued at US$ 2198 million in 2024 and is forecast to a readjusted size of USD 4746 million by 2031 with a CAGR of 10.8% during review period.

The automotive motor core in this report refers specifically to the automotive drive motor core.

The drive motor core is one of the core components of the drive motor of electric vehicles and hybrid vehicles, and is mainly used in the stator and rotor parts of the motor. The core is usually made of highly magnetic silicon steel sheets (also known as electrical steel sheets) stacked together. This material has excellent electromagnetic properties and low iron loss characteristics, which can effectively improve the efficiency and power density of the motor. The main function of the drive motor core is to guide the magnetic flux when the motor is working, reduce the magnetic flux loss, and establish a strong magnetic field between the stator and rotor of the motor, thereby realizing the conversion of electrical energy and mechanical energy. In the manufacturing process, the stamping, lamination and insulation treatment of the core are very important, which directly affects the performance, noise and heat dissipation efficiency of the motor. With the rapid development of the new energy vehicle market, efficient, lightweight and low-loss drive motor cores have become the key direction of motor technology innovation.

At the regional level, China's automotive motor core market has changed rapidly in the past few years, accounting for about 50% of the world, and it is expected that the global share will reach 54% by 2030.

China is the world's largest automobile market, and it is also the largest and fastest-growing country for new energy vehicles. In 2023, China's new energy vehicle production will be 9.587 million units, and sales will reach 9.495 million units, up 35.8% and 37.9% year-on-year respectively. New energy vehicles continue to maintain rapid growth, which has greatly increased the automotive industry's demand for motor core products. However, it can be observed that the development of the new energy vehicle market has gradually stabilized since 2024, and the automotive motor core market will also begin to slow down in the future.

With the surge in sales of new energy vehicles, the automotive industry's demand for drive motor cores has grown rapidly, and consumers' requirements for motors have continued to increase. Manufacturers use silicon steel, amorphous alloys, soft ferrites and other materials to improve the performance of motors.

And thinner silicon steel sheets are still being developed. And in order to pursue higher efficiency and higher speed, self-bonding is used to ensure the integrity of the core stacking structure and solve the problem that ultra-thin silicon steel sheets are more difficult to stack and assemble.

This report is a detailed and comprehensive analysis for global Automotive Motor Core market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Automotive Motor Core market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Motor Core market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Motor Core market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Motor Core market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automotive Motor Core

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automotive Motor Core market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsui High-tec, Fine-Stamping, JFE, Zhejiang Shiri Electromechanical Technology, r.bourgeois, Jiangsu Lianbo Precision Technology, ChangyingXinzhi, YONGRONG Power, POSCO, Foshan Precision Power Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automotive Motor Core market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Welded motor core
Interlocking motor core
Buckle stack motor core
Bonding motor core

Market segment by Application
NEV
PHEV

Major players covered
Mitsui High-tec
Fine-Stamping
JFE
Zhejiang Shiri Electromechanical Technology
r.bourgeois
Jiangsu Lianbo Precision Technology
ChangyingXinzhi
YONGRONG Power
POSCO
Foshan Precision Power Technology
XLDJ

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Motor Core product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Motor Core, with price, sales quantity, revenue, and global market share of Automotive Motor Core from 2020 to 2025.

Chapter 3, the Automotive Motor Core competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Motor Core breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Motor Core market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Motor Core.

Chapter 14 and 15, to describe Automotive Motor Core sales channel, distributors, customers, research findings and conclusion.