모터 라미네이션 시장 규모, 점유율, 성장 및 세계 업계 분석 : 유형 및 용도별, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of motor lamination Market

The global motor lamination market was valued at USD 21.38 billion in 2025 and is projected to grow to USD 22.22 billion in 2026, reaching USD 35.79 billion by 2034, exhibiting a CAGR of 6.14% during the forecast period. Asia Pacific dominated the global market with a 56.99% share in 2025, supported by strong electric vehicle (EV) production and expanding automotive manufacturing infrastructure.

Motor laminations are thin sheets of electrical steel or iron stacked together to form the core of electric motors. These laminations minimize eddy current losses, reduce heat generation, and enhance overall motor efficiency. They are critical components in electric vehicles, hybrid systems, industrial motors, and energy recovery systems, ensuring improved performance, durability, and energy savings.

Market Dynamics

Market Drivers

Growth of the Electric Vehicle Industry

The rapid expansion of the EV industry is a primary driver of the motor lamination market. Electric vehicles rely heavily on high-efficiency motors, where laminations play a key role in improving power density and minimizing energy losses. Rising EV adoption worldwide is encouraging automakers to develop advanced motor technologies that meet performance and efficiency standards.

According to global industry data, nearly 14 million electric cars were sold in 2023, reflecting strong momentum in electrification trends. As EV penetration increases, demand for advanced motor cores and high-grade electrical steel laminations is expected to rise steadily through 2034.

Market Restraints

Supply Chain Constraints and Raw Material Price Fluctuations

The market remains sensitive to fluctuations in raw materials such as silicon steel, cobalt, and specialty alloys. Price volatility and supply chain disruptions caused by geopolitical tensions or trade restrictions can increase manufacturing costs and delay production cycles. Rising steel and aluminum prices in early 2025 have added cost pressure on automotive manufacturers, potentially restraining short-term growth.

Market Opportunities

Emerging Markets and EV Infrastructure Expansion

Emerging economies across Asia Pacific, South America, and Africa are witnessing rapid urbanization and industrial growth. Governments in these regions are implementing strict emission norms and promoting EV adoption through subsidies and infrastructure investments. This creates new opportunities for motor lamination manufacturers to expand production capacities and form strategic partnerships with regional OEMs.

Market Challenges

High Initial Investment and Technical Complexity

Producing high-performance laminations requires advanced stamping, laser cutting, and precision bonding technologies. The use of high-quality silicon steel increases manufacturing costs, making entry difficult for smaller players. The technical complexity of producing ultra-thin laminations (as low as 0.2 mm) further adds to operational challenges.

Motor Lamination Market Trends

Focus on Lightweight and High-Efficiency Materials

Manufacturers are increasingly adopting thinner and high-strength electrical steel laminations to reduce motor weight and improve energy efficiency. Lightweight laminations contribute to better battery range in EVs and support the automotive industry's broader goal of reducing vehicle weight.

Innovations in adhesive bonding and non-grain-oriented electrical steel technologies are improving motor efficiency by reducing iron losses and increasing torque performance.

Segmentation Analysis

By Vehicle Type

SUVs dominated the market in 2026 with a 47.37% share, driven by growing consumer preference for larger vehicles. The rising electrification of SUVs has further strengthened demand for high-performance motor laminations. LCVs held the second-largest share due to increasing logistics and delivery vehicle production.

By Propulsion

The ICE segment is expected to dominate with a 77.41% share in 2026, supported by hybrid vehicle adoption. However, the electric segment is projected to grow at the fastest rate, registering a CAGR of 7.20% (2026-2034) due to government incentives and rising EV production.

By Motor Application

Auxiliary systems led the market with a 51.13% share in 2026, as EVs require multiple small motors for air conditioning, steering, and braking systems. The energy recovery segment is expected to witness the fastest growth due to regenerative braking adoption.

By Manufacturing Process

Stamping held the largest share of 54.45% in 2026 owing to its versatility and cost efficiency. Laser cutting is projected to grow at a 6.20% CAGR (2025-2032) due to superior precision and reduced defects.

By Material

Silicon steel dominated the market and is expected to capture 60.09% share in 2025, driven by its excellent magnetic properties and efficiency in EV motors.

By Motor Type

Permanent Magnet Synchronous Motors (PMSM) accounted for 48.82% of the market share in 2025, supported by their high efficiency and strong torque output in EV applications. Induction motors held the second-largest share due to cost advantages.

Regional Outlook

Asia Pacific

Asia Pacific led the market with USD 12.18 billion in 2025 and is projected to reach USD 12.72 billion in 2026. China remains the largest contributor, estimated at USD 4.69 billion in 2026, followed by India (USD 0.72 billion) and Japan (USD 0.70 billion).

Europe

Europe is projected to be worth USD 3.94 billion in 2025, supported by strong EV production initiatives in Germany, France, and the U.K.

North America

North America is expected to reach USD 3.82 billion in 2025, with the U.S. market projected at USD 3.36 billion in 2026, driven by technological advancements and EV investments.

Rest of the World

The region is set to reach USD 1.43 billion in 2025, supported by modernization of automotive manufacturing facilities.

Competitive Landscape

Key players include ArcelorMittal, POSCO, JFE Steel Corporation, Baosteel Group, Nippon Steel Corporation, Thyssenkrupp Steel Europe AG, Tata Steel Ltd., Tempel, EuroGroup Lamination, and Pitti Laminations Ltd. Companies are investing heavily in R&D, expanding electrical steel production facilities, and forming partnerships to strengthen their EV supply chains.

Conclusion

The motor lamination market is positioned for steady growth, increasing from USD 21.38 billion in 2025 to USD 22.22 billion in 2026, and projected to reach USD 35.79 billion by 2034 at a CAGR of 6.14%. Rising EV adoption, advancements in motor efficiency, and expanding automotive electrification are the primary growth drivers. Despite raw material volatility and high production costs, strong demand across Asia Pacific and Europe ensures long-term expansion opportunities. Continuous innovation in lightweight materials and high-performance laminations will remain central to the market's future growth trajectory.

Segmentation By Vehicle Type

• Hatchback/Sedan
• SUVs
• LCVs
• HCVs

By Propulsion

• ICE
• Electric

By Motor Application

• Propulsion
• Auxiliary Systems
• Energy Recovery
• Start-Stop

By Manufacturing Process

• Stamping
• Laser Cutting
• Etching

By Material

• Silicon Steel
• Cobalt Alloys
• Others

By Motor Type

• Permanent Magnet Synchronous Motors (PMSM)
• Induction Motors
• Brushless DC Motors (BLDC)
• Others

By Region

• North America (By Vehicle Type, By Propulsion, By Motor Application, By Manufacturing Process, By Material, and By Motor Type)
  • U.S. (By Propulsion)
  • Canada (By Propulsion)
  • Mexico (By Propulsion)
• Europe (By Vehicle Type, By Propulsion, By Motor Application, By Manufacturing Process, By Material, and By Motor Type)
  • Germany (By Propulsion)
  • France (By Propulsion)
  • U.K. (By Propulsion)
  • Rest of Europe (By Propulsion)
• Asia Pacific (By Vehicle Type, By Propulsion, By Motor Application, By Manufacturing Process, By Material, and By Motor Type)
  • China (By Propulsion)
  • Japan (By Propulsion)
  • India (By Propulsion)
  • South Korea (By Propulsion)
  • Rest of Asia Pacific (By Propulsion)
• Rest of the World (By Vehicle Type, By Propulsion, By Motor Application, By Manufacturing Process, By Material, and By Motor Type)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Impact of COVID-19 Pandemic on Global Motor Lamination Market

5. Global Motor Lamination Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Vehicle Type
  • 5.2.1. Hatchback/Sedan
  • 5.2.2. SUVs
  • 5.2.3. LCVs
  • 5.2.4. HCVs
• 5.3. Market Analysis, Insights and Forecast - By Propulsion
  • 5.3.1. ICE
  • 5.3.2. Electric
• 5.4. Market Analysis, Insights and Forecast - By Motor Application
  • 5.4.1. Propulsion
  • 5.4.2. Auxiliary Systems
  • 5.4.3. Energy Recovery
  • 5.4.4. Start-Stop
• 5.5. Market Analysis, Insights and Forecast - By Manufacturing Process
  • 5.5.1. Stamping
  • 5.5.2. Laser Cutting
  • 5.5.3. Etching
• 5.6. Market Analysis, Insights and Forecast - By Material
  • 5.6.1. Silicon Steel
  • 5.6.2. Cobalt Alloys
  • 5.6.3. Others
• 5.7. Market Analysis, Insights and Forecast - By Motor Type
  • 5.7.1. Permanent Magnet Synchronous Motors (PMSM)
  • 5.7.2. Induction Motors
  • 5.7.3. Brushless DC Motors (BLDC)
  • 5.7.4. Others
• 5.8. Market Analysis, Insights and Forecast - By Region
  • 5.8.1. North America
  • 5.8.2. Europe
  • 5.8.3. Asia Pacific
  • 5.8.4. Rest of the World

6. North America Motor Lamination Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 6.1.1. Hatchback/Sedan
  • 6.1.2. SUVs
  • 6.1.3. LCVs
  • 6.1.4. HCVs
• 6.2. Market Analysis, Insights and Forecast - By Propulsion
  • 6.2.1. ICE
  • 6.2.2. Electric
• 6.3. Market Analysis, Insights and Forecast - By Motor Application
  • 6.3.1. Propulsion
  • 6.3.2. Auxiliary Systems
  • 6.3.3. Energy Recovery
  • 6.3.4. Start-Stop
• 6.4. Market Analysis, Insights and Forecast - By Manufacturing Process
  • 6.4.1. Stamping
  • 6.4.2. Laser Cutting
  • 6.4.3. Etching
• 6.5. Market Analysis, Insights and Forecast - By Material
  • 6.5.1. Silicon Steel
  • 6.5.2. Cobalt Alloys
  • 6.5.3. Others
• 6.6. Market Analysis, Insights and Forecast - By Motor Type
  • 6.6.1. Permanent Magnet Synchronous Motors (PMSM)
  • 6.6.2. Induction Motors
  • 6.6.3. Brushless DC Motors (BLDC)
  • 6.6.4. Others
• 6.7. Market Analysis, Insights and Forecast - By Country
  • 6.7.1. U.S.
    • 6.7.1.1. Market Analysis, Insights and Forecast - By Propulsion
  • 6.7.2. Canada
    • 6.7.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 6.7.3. Mexico
    • 6.7.3.1. Market Analysis, Insights and Forecast - By Propulsion

7. Europe Motor Lamination Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.1.1. Hatchback/Sedan
  • 7.1.2. SUVs
  • 7.1.3. LCVs
  • 7.1.4. HCVs
• 7.2. Market Analysis, Insights and Forecast - By Propulsion
  • 7.2.1. ICE
  • 7.2.2. Electric
• 7.3. Market Analysis, Insights and Forecast - By Motor Application
  • 7.3.1. Propulsion
  • 7.3.2. Auxiliary Systems
  • 7.3.3. Energy Recovery
  • 7.3.4. Start-Stop
• 7.4. Market Analysis, Insights and Forecast - By Manufacturing Process
  • 7.4.1. Stamping
  • 7.4.2. Laser Cutting
  • 7.4.3. Etching
• 7.5. Market Analysis, Insights and Forecast - By Material
  • 7.5.1. Silicon Steel
  • 7.5.2. Cobalt Alloys
  • 7.5.3. Others
• 7.6. Market Analysis, Insights and Forecast - By Motor Type
  • 7.6.1. Permanent Magnet Synchronous Motors (PMSM)
  • 7.6.2. Induction Motors
  • 7.6.3. Brushless DC Motors (BLDC)
  • 7.6.4. Others
• 7.7. Market Analysis, Insights and Forecast - By Country
  • 7.7.1. U.K.
    • 7.7.1.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.7.2. Germany
    • 7.7.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.7.3. France
    • 7.7.3.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.7.4. Rest of Europe
    • 7.7.4.1. Market Analysis, Insights and Forecast - By Propulsion

8. Asia Pacific Motor Lamination Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.1.1. Hatchback/Sedan
  • 8.1.2. SUVs
  • 8.1.3. LCVs
  • 8.1.4. HCVs
• 8.2. Market Analysis, Insights and Forecast - By Propulsion
  • 8.2.1. ICE
  • 8.2.2. Electric
• 8.3. Market Analysis, Insights and Forecast - By Motor Application
  • 8.3.1. Propulsion
  • 8.3.2. Auxiliary Systems
  • 8.3.3. Energy Recovery
  • 8.3.4. Start-Stop
• 8.4. Market Analysis, Insights and Forecast - By Manufacturing Process
  • 8.4.1. Stamping
  • 8.4.2. Laser Cutting
  • 8.4.3. Etching
• 8.5. Market Analysis, Insights and Forecast - By Material
  • 8.5.1. Silicon Steel
  • 8.5.2. Cobalt Alloys
  • 8.5.3. Others
• 8.6. Market Analysis, Insights and Forecast - By Motor Type
  • 8.6.1. Permanent Magnet Synchronous Motors (PMSM)
  • 8.6.2. Induction Motors
  • 8.6.3. Brushless DC Motors (BLDC)
  • 8.6.4. Others
• 8.7. Market Analysis, Insights and Forecast - By Country
  • 8.7.1. China
    • 8.7.1.1. Market Analysis, Insights and Forecast - By Propulsion
  • 8.7.2. India
    • 8.7.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 8.7.3. Japan
    • 8.7.3.1. Market Analysis, Insights and Forecast - By Propulsion
  • 8.7.4. South Korea
    • 8.7.4.1. Market Analysis, Insights and Forecast - By Propulsion
  • 8.7.5. Rest of Asia Pacific
    • 8.7.5.1. Market Analysis, Insights and Forecast - By Propulsion

9. Rest of the World Motor Lamination Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 9.1.1. Hatchback/Sedan
  • 9.1.2. SUVs
  • 9.1.3. LCVs
  • 9.1.4. HCVs
• 9.2. Market Analysis, Insights and Forecast - By Propulsion
  • 9.2.1. ICE
  • 9.2.2. Electric
• 9.3. Market Analysis, Insights and Forecast - By Motor Application
  • 9.3.1. Propulsion
  • 9.3.2. Auxiliary Systems
  • 9.3.3. Energy Recovery
  • 9.3.4. Start-Stop
• 9.4. Market Analysis, Insights and Forecast - By Manufacturing Process
  • 9.4.1. Stamping
  • 9.4.2. Laser Cutting
  • 9.4.3. Etching
• 9.5. Market Analysis, Insights and Forecast - By Material
  • 9.5.1. Silicon Steel
  • 9.5.2. Cobalt Alloys
  • 9.5.3. Others
• 9.6. Market Analysis, Insights and Forecast - By Motor Type
  • 9.6.1. Permanent Magnet Synchronous Motors (PMSM)
  • 9.6.2. Induction Motors
  • 9.6.3. Brushless DC Motors (BLDC)
  • 9.6.4. Others

10. Competitive Analysis

• 10.1. Key Industry Developments
• 10.2. Global Market Rank Analysis (2025)
• 10.3. Competitive Dashboard
• 10.4. Comparative Analysis - Major Players
• 10.5. Company Profiles
  • 10.5.1. ArcelorMittal (Luxembourg)
    • 10.5.1.1. Overview
    • 10.5.1.2. Products & services
    • 10.5.1.3. SWOT Analysis
    • 10.5.1.4. Recent Developments
    • 10.5.1.5. Strategies
    • 10.5.1.6. Financials (Based on Availability)
  • 10.5.2. POSCO (South Korea)
    • 10.5.2.1. Overview
    • 10.5.2.2. Products & services
    • 10.5.2.3. SWOT Analysis
    • 10.5.2.4. Recent Developments
    • 10.5.2.5. Strategies
    • 10.5.2.6. Financials (Based on Availability)
  • 10.5.3. JFE Steel Corporation (Japan)
    • 10.5.3.1. Overview
    • 10.5.3.2. Products & services
    • 10.5.3.3. SWOT Analysis
    • 10.5.3.4. Recent Developments
    • 10.5.3.5. Strategies
    • 10.5.3.6. Financials (Based on Availability)
  • 10.5.4. Baosteel Group (China)
    • 10.5.4.1. Overview
    • 10.5.4.2. Products & services
    • 10.5.4.3. SWOT Analysis
    • 10.5.4.4. Recent Developments
    • 10.5.4.5. Strategies
    • 10.5.4.6. Financials (Based on Availability)
  • 10.5.5. Nippon Steel Corporation (Japan)
    • 10.5.5.1. Overview
    • 10.5.5.2. Products & services
    • 10.5.5.3. SWOT Analysis
    • 10.5.5.4. Recent Developments
    • 10.5.5.5. Strategies
    • 10.5.5.6. Financials (Based on Availability)
  • 10.5.6. Thyssenkrupp Steel Europe AG (Germany)
    • 10.5.6.1. Overview
    • 10.5.6.2. Products & services
    • 10.5.6.3. SWOT Analysis
    • 10.5.6.4. Recent Developments
    • 10.5.6.5. Strategies
    • 10.5.6.6. Financials (Based on Availability)
  • 10.5.7. Tata Steel Ltd. (India)
    • 10.5.7.1. Overview
    • 10.5.7.2. Products & services
    • 10.5.7.3. SWOT Analysis
    • 10.5.7.4. Recent Developments
    • 10.5.7.5. Strategies
    • 10.5.7.6. Financials (Based on Availability)
  • 10.5.8. Thomson Lamination Co. Inc. (U.S.)
    • 10.5.8.1. Overview
    • 10.5.8.2. Products & services
    • 10.5.8.3. SWOT Analysis
    • 10.5.8.4. Recent Developments
    • 10.5.8.5. Strategies
    • 10.5.8.6. Financials (Based on Availability)
  • 10.5.9. Laser Technologies (U.S.)
    • 10.5.9.1. Overview
    • 10.5.9.2. Products & services
    • 10.5.9.3. SWOT Analysis
    • 10.5.9.4. Recent Developments
    • 10.5.9.5. Strategies
    • 10.5.9.6. Financials (Based on Availability)
  • 10.5.10. Precision Micro (U.K.)
    • 10.5.10.1. Overview
    • 10.5.10.2. Products & services
    • 10.5.10.3. SWOT Analysis
    • 10.5.10.4. Recent Developments
    • 10.5.10.5. Strategies
    • 10.5.10.6. Financials (Based on Availability)
  • 10.5.11. Tempel (U.S.)
    • 10.5.11.1. Overview
    • 10.5.11.2. Products & services
    • 10.5.11.3. SWOT Analysis
    • 10.5.11.4. Recent Developments
    • 10.5.11.5. Strategies
    • 10.5.11.6. Financials (Based on Availability)
  • 10.5.12. Lammotor (China)
    • 10.5.12.1. Overview
    • 10.5.12.2. Products & services
    • 10.5.12.3. SWOT Analysis
    • 10.5.12.4. Recent Developments
    • 10.5.12.5. Strategies
    • 10.5.12.6. Financials (Based on Availability)
  • 10.5.13. EuroGroup Lamination (Italy)
    • 10.5.13.1. Overview
    • 10.5.13.2. Products & services
    • 10.5.13.3. SWOT Analysis
    • 10.5.13.4. Recent Developments
    • 10.5.13.5. Strategies
    • 10.5.13.6. Financials (Based on Availability)
  • 10.5.14. Lake Air Companies Lamination Specialties Incorporated (U.S.)
    • 10.5.14.1. Overview
    • 10.5.14.2. Products & services
    • 10.5.14.3. SWOT Analysis
    • 10.5.14.4. Recent Developments
    • 10.5.14.5. Strategies
    • 10.5.14.6. Financials (Based on Availability)
  • 10.5.15. LCS Company (U.S.)
    • 10.5.15.1. Overview
    • 10.5.15.2. Products & services
    • 10.5.15.3. SWOT Analysis
    • 10.5.15.4. Recent Developments
    • 10.5.15.5. Strategies
    • 10.5.15.6. Financials (Based on Availability)
  • 10.5.16. Partzsch Elektromotoren E.K. (Germany)
    • 10.5.16.1. Overview
    • 10.5.16.2. Products & services
    • 10.5.16.3. SWOT Analysis
    • 10.5.16.4. Recent Developments
    • 10.5.16.5. Strategies
    • 10.5.16.6. Financials (Based on Availability)
  • 10.5.17. Pitti Laminations Ltd. (India)
    • 10.5.17.1. Overview
    • 10.5.17.2. Products & services
    • 10.5.17.3. SWOT Analysis
    • 10.5.17.4. Recent Developments
    • 10.5.17.5. Strategies
    • 10.5.17.6. Financials (Based on Availability)
  • 10.5.18. Polaris Laser Laminations LLC (U.S.)
    • 10.5.18.1. Overview
    • 10.5.18.2. Products & services
    • 10.5.18.3. SWOT Analysis
    • 10.5.18.4. Recent Developments
    • 10.5.18.5. Strategies
    • 10.5.18.6. Financials (Based on Availability)