Global Automotive Motor Core Market Growth 2025-2031

Global Automotive Motor Core Market Growth 2025-2031

The global Automotive Motor Core market size is predicted to grow from US$ 2443 million in 2025 to US$ 4679 million in 2031; it is expected to grow at a CAGR of 11.4% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Motor Core Industry Forecast” looks at past sales and reviews total world Automotive Motor Core sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Motor Core sales for 2025 through 2031. With Automotive Motor Core sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Motor Core industry.

This Insight Report provides a comprehensive analysis of the global Automotive Motor Core landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Motor Core portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Motor Core market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Motor Core and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Motor Core.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Motor Core market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Welded motor core
Interlocking motor core
Buckle stack motor core
Bonding motor core

Segmentation by Application:
NEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Motor Core market?

What factors are driving Automotive Motor Core market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Motor Core market opportunities vary by end market size?

How does Automotive Motor Core break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.