Global Electric Motor Core Market Growth 2024-2030

Global Electric Motor Core Market Growth 2024-2030

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.

The global Electric Motor Core market size is projected to grow from US$ 16130 million in 2024 to US$ 24790 million in 2030; it is expected to grow at a CAGR of 7.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Electric Motor Core Industry Forecast” looks at past sales and reviews total world Electric Motor Core sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Motor Core sales for 2024 through 2030. With Electric Motor Core sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Motor Core industry.

This Insight Report provides a comprehensive analysis of the global Electric 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 Electric Motor Core portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Motor Core market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric 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 Electric Motor Core.

Global key players of Electric Motor Core include Mitsui High-tec, Changying Xinzhi Technology Co., Ltd. And POSCO Mobility, etc. The top three players hold a share over 2%. Asia-Pacific is the largest market, with a share of 87%. In terms of product type, Synchronous Motor Core is the largest segment, occupied for a share of about 48%. And in terms of application, Automotive Industry Motor Accessory has a share about 30 percent.

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

Segmentation by Type:
DC Motor Core
Synchronous Motor Core
Induction Motor Core

Segmentation by Application:
Automotive Industry Main Motor
Automotive Industry Motor Accessory
Industrial Machinery
Home Appliance
Others

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
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

Key Questions Addressed in this Report

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

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

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

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

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

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