Global Motor Lamination Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In January 2023, EuroGroup Laminations, an Italian manufacturer of electric motor components, announced its intention to issue up to 250 million euros in newly issued shares, aiming to revive its public listing after market volatility in 2022. This move followed a slowdown in IPO activities due to geopolitical and economic instability.

• In September 2022, engineers at the University of New South Wales developed a high-speed motor that surpassed previous benchmarks for laminated Interior Permanent Magnet Synchronous Motors (IPMSMs). This motor, achieving 100,000 revolutions per minute, demonstrated the fastest IPMSM created with commercially available lamination materials​.

The Global Low-Carbon Propulsion Market is poised for substantial growth from 2024 to 2030, driven by increasing environmental concerns and government initiatives to reduce carbon emissions. The market is segmented by fuel type, including Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), Ethanol, Hydrogen, and Electric, catering to diverse consumer preferences and regulatory standards. Moreover, with the rising adoption of sustainable transportation solutions, the market is witnessing a surge in both passenger and freight applications across rail and road modes.

In terms of vehicle types, the market encompasses both Heavy-Duty and Light-Duty vehicles, reflecting the widespread adoption of low-carbon propulsion technologies across various segments of the automotive industry. Electric vehicles, including Electric Passenger Cars, Electric Buses, Electric Two-Wheelers, and Electric Off-Highway vehicles, are expected to witness significant growth, fueled by advancements in battery technology and supportive government policies promoting electric mobility.

Geographically, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America are the key regions driving market expansion. Each region presents unique opportunities and challenges, influenced by factors such as infrastructure development, regulatory frameworks, and consumer awareness. The period from 2020 to 2030 is crucial for the low-carbon propulsion market, as stakeholders collaborate to accelerate the transition towards sustainable transportation solutions and mitigate the environmental impact of traditional propulsion systems.

Global Motor Lamination Segment Analysis

In this report, the Global Motor Lamination Market has been segmented by Application, Motor, Material, Technology, Vehicle, Electric Vehicle and Geography.

Global Motor Lamination Market, Segmentation by Application

The Global Motor Lamination Market has been segmented by Application into Performance, Comfort and Safety.

This includes optimizing magnetic flux properties to minimize energy losses and improve overall performance metrics. By employing advanced materials and manufacturing techniques, motor laminations contribute to the development of high-performance electric motors used in various industries, from automotive to industrial automation. In terms of Comfort, motor laminations play a crucial role in the design and operation of electric systems aimed at enhancing user experience. These laminations contribute to reducing noise and vibrations generated during motor operation, leading to quieter and smoother performance in applications such as electric vehicles and household appliances. Moreover, advancements in motor lamination technologies enable the development of compact and lightweight systems, further enhancing the comfort and convenience of end-users.

Safety is another critical aspect of the Global Motor Lamination Market's segmentation. Motor laminations are integral components in electric systems designed to meet stringent safety standards and regulations. By providing insulation and protection against electrical faults, motor laminations ensure the reliability and safety of electric motors in various applications, including automotive braking systems and industrial machinery. Additionally, advancements in material science and design enable the development of motor laminations with enhanced thermal management properties, reducing the risk of overheating and enhancing overall system safety.

Global Motor Lamination Market, Segmentation by Motor

The Global Motor Lamination Market has been segmented by Motor into Electric Water Pump Motor, Radiator Cooling Fan Motor, Electronic Throttle Valve Control Motor, Electronic Variable Gear Ratio Motor, Motor for Electric Variable Valve Timing, Variable Nozzle Turbo Motor, Pedal Motor, Electric Power Steering Motor, Wiper Motor, Pedal Motor, Fuel pump motor, Power Antenna Motor, Motor for Air Conditioner, Door Mirror Motor, Power Window Motor, Tilt Steering Column Motor, Blower Motor, Power Seat Motor, Electric Sunroof Motor, Door Closer Motor, Cruise control motor, Adaptive front light Motor, Electronic Stability Control Motor, ABS motor and Electronic Parking Brake.

From Electric Water Pump Motors to Electronic Throttle Valve Control Motors, the market caters to a wide array of automotive needs. With specialized motors for systems like Radiator Cooling Fans and Variable Nozzle Turbo Motors, manufacturers can tailor solutions to specific performance requirements. Advancements in motor technology have enabled the integration of Electric Power Steering Motors and Electronic Variable Gear Ratio Motors, enhancing vehicle handling and efficiency. In addition, the inclusion of motors for functions such as Power Windows, Door Mirrors, and Electric Sunroofs underscores the growing demand for comfort and convenience features in modern vehicles.

Safety features are also addressed with motors for systems like Electronic Stability Control and ABS, highlighting the importance of reliable propulsion components in ensuring vehicle stability and control. As automotive technology continues to evolve, the demand for specialized motors, including those for Adaptive Front Lights and Electronic Parking Brakes, is expected to rise, driving further innovation and growth in the Global Motor Lamination Market.

Global Motor Lamination Market, Segmentation by Material

The Global Motor Lamination Market has been segmented by Material into Cold Rolled Non-Oriented (CRNO) and Cold Rolled Non-Grain Oriented (CRNGO).

CRNO lamination, characterized by its uniform magnetic properties, finds extensive application in low to medium efficiency motors. On the other hand, CRNGO lamination, with its enhanced magnetic properties and reduced core loss, caters to high-efficiency motor applications, particularly in electric vehicles (EVs) and renewable energy systems.

The Cold Rolled Non-Oriented (CRNO) segment dominates a significant share of the market, owing to its widespread use in conventional motor applications across various industries. However, with the increasing focus on energy efficiency and sustainability, the demand for Cold Rolled Non-Grain Oriented (CRNGO) laminations is witnessing a steady rise. The transition towards electric mobility and the growing adoption of renewable energy sources are driving the demand for high-efficiency motors, thereby boosting the CRNGO segment.

Technological advancements in material processing techniques and the development of innovative alloys are further augmenting market growth. Manufacturers are investing in research and development activities to enhance the magnetic properties and reduce the core losses of CRNGO laminations, thereby catering to the evolving needs of end-users. Additionally, stringent government regulations aimed at reducing carbon emissions are encouraging the adoption of energy-efficient motor solutions, thereby propelling the growth of the Global Motor Lamination Market.

Global Motor Lamination Market, Segmentation by Technology

The Global Motor Lamination Market has been segmented by Technology into Welding and Bonding.

Welding techniques involve the fusion of lamination layers using heat, pressure, or a combination of both, ensuring a sturdy and durable bond. On the other hand, bonding methods utilize adhesives or other bonding agents to join the lamination layers together, offering flexibility and precision in assembly.

The welding segment of the market is characterized by its widespread adoption in industries requiring robust and high-performance motors, such as automotive, aerospace, and industrial machinery. Welding techniques offer excellent mechanical strength and thermal conductivity, making them suitable for applications demanding reliability and efficiency. Moreover, advancements in welding technology, such as laser welding and ultrasonic welding, have further enhanced the efficiency and precision of motor lamination manufacturing processes.

The bonding segment of the market has gained traction due to its versatility and ability to accommodate complex designs and materials. Bonding methods offer advantages in terms of cost-effectiveness, lightweight construction, and improved damping characteristics, making them particularly suitable for applications in electric vehicles (EVs), renewable energy systems, and consumer electronics. Additionally, advancements in adhesive technology have led to the development of high-performance bonding agents capable of withstanding extreme temperatures and environmental conditions, further expanding the application scope of bonded motor laminations.

Global Motor Lamination Market, Segmentation by Vehicle

The Global Motor Lamination Market has been segmented by Vehicle into Passenger car, Light commercial vehicle, Truck and Bus.

Another key segment within the Global Motor Lamination Market is light commercial vehicles (LCVs). These vehicles are essential for various commercial applications, such as urban deliveries and transportation services. As governments worldwide implement stricter emission regulations and incentives for low-carbon transportation, the demand for electric and hybrid LCVs is rising, consequently driving the demand for motor laminations tailored to meet the specific requirements of these vehicles.

Trucks and buses constitute another significant segment in the Global Motor Lamination Market. These vehicles are vital for freight transport and public transportation, respectively, playing a crucial role in global logistics and mobility. As the commercial transportation sector undergoes a transition towards electrification to reduce carbon emissions and operational costs, the demand for motor laminations in electric trucks and buses is escalating. Manufacturers are focusing on developing high-performance motor laminations capable of meeting the power and efficiency demands of heavy-duty applications while ensuring durability and reliability.

Global Motor Lamination Market, Segmentation by Electric Vehicle

The Global Motor Lamination Market has been segmented by Electric Vehicle into Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV) and Plug In Hybrid Electric Vehicle (PHEV).

Battery Electric Vehicles (BEVs) have emerged as a frontrunner in the transition to low-carbon propulsion, fueled by advancements in battery technology and growing environmental concerns. BEVs rely solely on electric power stored in rechargeable batteries, offering zero-emission transportation solutions. This segment has seen rapid growth owing to government incentives, stricter emission regulations, and increasing consumer interest in sustainable mobility options.

Hybrid Electric Vehicles (HEVs) combine an internal combustion engine with an electric propulsion system, providing improved fuel efficiency and reduced emissions compared to traditional vehicles. HEVs have gained popularity as a transitional technology, offering a compromise between conventional vehicles and fully electric alternatives. Their market growth is driven by a combination of regulatory mandates, fuel economy standards, and consumer preferences for greener transportation options.

Global Motor Lamination Market, Segmentation by Geography

In this report, the Global Motor Lamination Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Motor Lamination Market Share (%), by Geographical Region, 2024

North America emerged as a significant player, capturing a substantial percentage of the market share. The region's robust manufacturing sector, coupled with increasing investments in renewable energy and electric vehicle production, drove the demand for motor laminations. Additionally, stringent regulations aimed at reducing carbon emissions further propelled the adoption of energy-efficient motor lamination technologies in North America.

Europe also held a considerable share of the global market, owing to its strong emphasis on sustainability and environmental consciousness. The region's ambitious targets for reducing greenhouse gas emissions incentivized industries to adopt low-carbon propulsion technologies, thereby boosting the demand for motor laminations. Furthermore, government initiatives promoting the electrification of transportation and industrial sectors contributed to the growth of the market in Europe.

Asia-Pacific emerged as a dominant force in the global motor lamination market, accounting for a significant share. Rapid industrialization, urbanization, and increasing investments in infrastructure projects in countries like China and India fueled the demand for electric motors across various applications. Moreover, the region's burgeoning automotive industry, coupled with supportive government policies promoting the adoption of electric vehicles, drove the demand for motor laminations in Asia-Pacific.

This report provides an in depth analysis of various factors that impact the dynamics of Global Motor Lamination Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Increasing demand for energy-efficient motors
• Growing automotive industry

• Rising adoption of electric vehicles : The global motor lamination market is experiencing significant growth, primarily driven by the rising adoption of electric vehicles (EVs) worldwide. As the automotive industry transitions towards greener and more sustainable transportation solutions, the demand for electric propulsion systems has surged. Motor laminations play a crucial role in the production of efficient electric motors, which are the heart of EVs. These laminations are essential components that help in reducing energy losses and improving the overall performance of electric motors, making them indispensable in the EV ecosystem.
  The promising growth prospects, the global motor lamination market also faces certain challenges. One of the key restraints is the volatility in raw material prices, particularly for materials like electrical steel used in motor lamination production. Fluctuations in raw material costs can significantly impact the profitability of motor lamination manufacturers and disrupt supply chains, posing a challenge to market growth. Additionally, stringent regulations and quality standards in the automotive industry necessitate compliance, adding further complexity to manufacturing processes and increasing production costs. The market presents numerous opportunities for growth and innovation. The increasing focus on lightweight and compact electric motors is driving advancements in motor lamination technology.
  Manufacturers are investing in research and development to enhance the efficiency and performance of motor laminations while reducing their weight and size. Furthermore, the growing emphasis on sustainable manufacturing practices and the development of eco-friendly materials offer opportunities for market players to differentiate themselves and gain a competitive edge. Additionally, the expanding electric vehicle market in emerging economies presents untapped opportunities for motor lamination manufacturers to expand their global footprint and tap into new customer segments.

Restraints

• Fluctuating raw material prices
• High initial investment costs

• Stringent environmental regulations : The Global Motor Lamination Market faces a landscape reshaped by stringent environmental regulations. These regulations, aimed at reducing carbon emissions and promoting sustainability, have spurred significant changes in the design and manufacturing of motor laminations. As governments worldwide impose stricter standards on energy efficiency and environmental impact, industries reliant on motors for various applications are compelled to adopt eco-friendly practices.
  One of the key impacts of these regulations is the push towards the use of materials with lower environmental footprints. Traditional materials used in motor laminations, such as certain metals and coatings, may not meet the new regulatory requirements. This has led to increased research and development efforts to identify and implement alternative materials that are both compliant with regulations and maintain or enhance performance standards.
  The drive towards sustainability has accelerated innovations in manufacturing processes within the motor lamination industry. Manufacturers are investing in technologies that reduce energy consumption, minimize waste generation, and utilize recyclable materials. This shift not only aligns with regulatory mandates but also appeals to environmentally conscious consumers and enhances the market competitiveness of companies adopting these practices.

Opportunities

• Advancements in motor lamination technology
• Emerging markets in Asia-Pacific region

• Integration of IoT and automation in motor manufacturing : The Global Motor Lamination Market is undergoing a significant transformation with the integration of IoT (Internet of Things) and automation in motor manufacturing processes. This integration is driven by several factors, including the need for increased efficiency, improved quality control, and reduced operational costs. One of the key drivers behind this integration is the demand for smart and connected devices.
  With IoT technology, motors can be equipped with sensors that gather real-time data on performance and operational conditions. This data can then be analyzed to optimize motor efficiency, predict maintenance needs, and prevent costly downtime. Automation plays a crucial role in this process by streamlining manufacturing processes and reducing reliance on manual labor, thereby improving overall productivity. The integration of IoT and automation also presents certain challenges.
  One of the main restraints is the initial investment required to implement these technologies. While the long-term benefits are clear, many motor manufacturers may be hesitant to invest in expensive IoT infrastructure and automation systems upfront. Additionally, there may be concerns about data security and privacy, especially with the proliferation of connected devices and the potential for cyber threats.