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Motor Lamination Market Growth Potential: How Will Market Size Change Through 2030?
The motor lamination market has experienced consistent growth recently. It is projected to expand, with its value increasing from $22.72 billion in 2025 to $23.84 billion by 2026, demonstrating a compound annual growth rate (CAGR) of 5.0%. Historically, this growth has been driven by factors such as the rise in automotive motor production, increased demand for energy-efficient electric motors, the broadening of vehicle electrification systems, a heightened emphasis on minimizing eddy current losses, and innovations in electrical steel manufacturing.
The motor lamination market is projected to experience consistent expansion over the upcoming years, with its size anticipated to reach $28.71 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.8%. This growth during the forecast period can be attributed to several factors, including the increasing adoption of electric vehicles, greater integration of motors into vehicle comfort and safety systems, a rising need for high-performance traction motors, innovations in amorphous and high-efficiency steel materials, and the automation of motor manufacturing processes. Key trends expected during this period involve an escalating demand for high-efficiency motor cores, the expanding use of lightweight electrical steel laminations, wider application of precision stamping technologies, a move towards low-loss and high-silicon steel materials, and the increasing incorporation of laminations in advanced automotive motors.
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Motor Lamination Market Expansion Drivers: What Is Shaping Future Growth?
An increase in vehicle sales is projected to drive the expansion of the motor lamination market. Vehicle sales encompass commercial transactions where ownership of automobiles is transferred from sellers to buyers for payment. This rise in vehicle sales underscores the escalating need for efficient motor lamination solutions, particularly in light of evolving regulatory standards and sustainability concerns. Motor lamination is essential in vehicles for enhancing the efficiency and performance of electric motors, supporting crucial functions such as propulsion, steering, and auxiliary systems. For illustration, the National Automobile Dealers Association, a US-based automotive trade organization, reported in December 2023 that new light vehicle sales were 15.8 million units in 2022, reaching 15.46 million units in 2023. This figure indicates a 12.4% growth from 2022 to 2023. Consequently, the growing sales of vehicles are acting as a key driver for the motor lamination market.
Motor Lamination Market Segmentation: How Is The Market Structured Across Key Categories?
The motor lamination market covered in this report is segmented –
1) By Material Type: Cold Rolled Non-Oriented Steel, Cold Rolled Non-Grained Oriented Steel, Other Material Types
2) By Technology: Welding, Bonding, Stamping, Other Technologies
3) By Motor Type: Electric Water Pump Motor, Radiator Cooling Fan Motor, Electronic Throttle Valve Control Motor, Electronic Variable Gear Ratio Motor, Electronic Variable Valve Timing Motor, Variable Nozzle Turbo Motor, Adjustable Pedal Motor, Electric Power Steering Motor, Wiper Motor, Other Motor Types
4) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Trucks, Buses
5) By Application: Performance, Comfort, Safety
Subsegments:
1) By Cold Rolled Non-Oriented Steel: Electrical Steel, High Silicon Steel
2) By Cold Rolled Non-Grained Oriented Steel: Non-Grain-Oriented Electrical Steel, High-Performance Non-Grain-Oriented Steel
3) By Other Material Types: Amorphous Steel, Grain-Oriented Electrical Steel, Aluminum-Laminated Steel
Motor Lamination Market Trends: What Is Shaping Future Industry Growth?
Leading companies in the lamination market are prioritizing the development of advanced products, such as the variable frequency drive (VFD), to improve accuracy, efficiency, and user control. The GD20 VFD is a specific Variable Frequency Drive acting as a vector control drive that precisely manages motor speed and torque, which is critical for consistent paper feeding and handling diverse speeds during the lamination process. For instance, in March 2024, INVT (Shenzhen INVT Electric Co. Ltd.), a China-based firm specializing in industrial automation, energy, and power electronics, introduced a lamination solution aiming for Accuracy and Efficiency. To achieve accurate and efficient lamination, it is crucial to focus on precise material alignment, optimized adhesive application, and consistent quality control. Automated positioning systems and registration marks can assist in perfectly aligning materials, thereby minimizing errors. A uniform distribution of adhesive, alongside controlled temperature and pressure, ensures a strong, defect-free bond. Regular machine calibration, combined with well-maintained rollers and tension controls, prevents material distortion and enhances overall accuracy. Utilizing high-quality laminates and materials appropriate for the application further strengthens the end product, while automated quality checks help identify issues early, making the lamination process both reliable and efficient.
Motor Lamination Market Competitive Landscape And Leading Companies
Major companies operating in the motor lamination market are United States Steel Corporation, EuroGroup Laminations S.p.A., LCS Company, Tempel Steel Company, Pitti Engineering Ltd, Godrej And Boyce Manufacturing Limited, Alliance Steel Corporation, Metglas Inc, Precision Micro Ltd., UPG Enterprises LLC, Micro Precision Co. Ltd., Wingard & Co Inc, Partzsch Group, Polaris Laser Laminations LLC, Sinotech Logistics Co Limited, Lake Air Companies, R. Bourgeois SA, HV Wooding Limited, Thomson Lamination Company Inc, TEUK Limited
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Motor Lamination Market Global Footprint: Which Region Holds Market Leadership?
Asia-Pacific was the largest region in the motor lamination market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the motor lamination market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.