Global Electric Motor Core Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Electric Motor Core market size was valued at USD 14830 million in 2022 and is forecast to a readjusted size of USD 23590 million by 2029 with a CAGR of 6.9% during review period.
Motor Core (Iron core or magnetic core) plays a pivotal role in the entire motor. It is used to increase the magnetic flux of the inductor coil and has achieved the maximum conversion of electromagnetic power. And the motor core is usually composed of a stator and a rotor.
The stator and rotor cores of electrical machinery are manufactured using thin sheets stacked together in order to minimize eddy current losses. The laminations are bonded in order to create a stable core.
A general distinction is made between techniques integrated into the punching process (interlocking, full-face bonding or spot bonding) and those downstream from the punching process (welding, clamping, conventional bonding).
In fact, most motor manufacturers choose to buy Stamping dies and Laminations, and produce iron cores by themselves. This report also contains this part of the market.
Global key players of electric motor core include Changying Xinzhi Technology Co., Ltd., POSCO Mobility and Jiangsu Lianbo Precision Technology Co., Ltd. The top three players hold a share about 10%. The global origin is mainly distributed in North America, Europe, China and Japan, of which China is the largest production region, holding about 73% of the market share. In terms of product type, synchronous motor core is the largest segment, with a share about 49%. And in terms of application, automotive industry motor accessory is the largest application, with a share about 30%.
The Global Info Research report includes an overview of the development of the Electric Motor Core industry chain, the market status of Automotive Industry Main Motor (DC Motor Core, Synchronous Motor Core), Automotive Industry Motor Accessory (DC Motor Core, Synchronous Motor Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Motor Core.
Regionally, the report analyzes the Electric Motor Core markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Motor Core market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Motor Core market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Motor Core industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Units), revenue generated, and market share of different by Type (e.g., DC Motor Core, Synchronous Motor Core).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Motor Core market.
Regional Analysis: The report involves examining the Electric Motor Core market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Motor Core market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Motor Core:
Company Analysis: Report covers individual Electric Motor Core manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Motor Core This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive Industry Main Motor, Automotive Industry Motor Accessory).
Technology Analysis: Report covers specific technologies relevant to Electric Motor Core. It assesses the current state, advancements, and potential future developments in Electric Motor Core areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Motor Core market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Motor Core market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
DC Motor Core
Synchronous Motor Core
Induction Motor Core
Market segment by Application
Automotive Industry Main Motor
Automotive Industry Motor Accessory
Industrial Machinery
Home Appliance
Others
Major players covered
Mitsui High-tec
Changying Xinzhi Technology Co., Ltd.
POSCO Mobility
JFE Shoji
Suzhou Fine-Stamping Machinery & Technology Co., Ltd
Jiangsu Lianbo Precision Technology Co., Ltd.
Changzhou Shengli Electrical Machine
Jiangsu Tongda Power Technology Co.,Ltd.
Henan Yongrong Power Technology Co.,Ltd
Anhui Feixiang Electric
Zhejiang Shiri Electromechanical Technology Co., Ltd.
R.bourgeois
Wenzhou Qihang
Foshan Precision Power Technology
Yuma
Toyota Boshoku
Xulie Electromotor
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 Electric Motor Core product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Motor Core, with price, sales, revenue and global market share of Electric Motor Core from 2018 to 2023.
Chapter 3, the Electric Motor Core competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Motor Core breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Electric Motor Core market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
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 Electric Motor Core.
Chapter 14 and 15, to describe Electric Motor Core sales channel, distributors, customers, research findings and conclusion.