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    Motor Lamination Material Market

    ID: MRFR/CnM/23693-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    Motor Lamination Material Market Research Report By Lamination Type (Stator Lamination, Rotor Lamination), By Application (Electric Vehicle, Traction Motor, Industrial Motor, Home Appliance Motor), By Material (Electrical Steel, Silicon Steel, Amorphous Metal, Ferrite), By Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa), By End Use Industry (Automotive, Industrial, Consumer Electronics) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Motor Lamination Material Market Infographic

    Motor Lamination Material Market Summary

    As per MRFR analysis, the Motor Lamination Material Market Size was estimated at 1.412 USD Billion in 2024. The Motor Lamination Material industry is projected to grow from 1.495 USD Billion in 2025 to 2.645 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.87 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Motor Lamination Material Market is poised for substantial growth driven by technological advancements and sustainability initiatives.

    • North America remains the largest market for motor lamination materials, driven by robust industrial activity and electric vehicle production.
    • Asia-Pacific is the fastest-growing region, reflecting increasing investments in renewable energy and electric mobility.
    • Stator lamination continues to dominate the market, while rotor lamination is emerging as the fastest-growing segment due to rising demand for efficient motors.
    • Key market drivers include the rising demand for electric vehicles and a growing focus on energy efficiency, which are shaping industry dynamics.

    Market Size & Forecast

    2024 Market Size 1.412 (USD Billion)
    2035 Market Size 2.645 (USD Billion)
    CAGR (2025 - 2035) 5.87%

    Major Players

    BASF SE (DE), Nippon Steel Corporation (JP), Thyssenkrupp AG (DE), JFE Steel Corporation (JP), Mitsubishi Electric Corporation (JP), Siemens AG (DE), General Electric Company (US), Schneider Electric SE (FR), Hitachi, Ltd. (JP)

    Motor Lamination Material Market Trends

    The Motor Lamination Material Market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for energy-efficient solutions. Manufacturers are focusing on developing innovative materials that enhance the performance and efficiency of electric motors. This shift is largely influenced by the growing emphasis on sustainability and the need for reduced energy consumption across various industries. As a result, the market is witnessing a surge in the adoption of high-performance laminations that offer improved magnetic properties and reduced losses. Furthermore, the integration of smart technologies into motor systems is likely to propel the demand for specialized lamination materials that can support enhanced functionalities. In addition to technological advancements, the Motor Lamination Material Market is also shaped by evolving regulatory frameworks aimed at promoting environmentally friendly practices. Governments worldwide are implementing stringent regulations to curb emissions and encourage the use of renewable energy sources. This regulatory landscape is fostering innovation and pushing manufacturers to explore alternative materials that align with sustainability goals. Consequently, the market is poised for growth as stakeholders adapt to these changes and seek to capitalize on emerging opportunities. Overall, the Motor Lamination Material Market appears to be on a promising trajectory, with a focus on efficiency, sustainability, and technological integration driving its evolution.

    Technological Advancements

    The Motor Lamination Material Market is witnessing a wave of technological innovations that enhance the performance of electric motors. Manufacturers are increasingly investing in research and development to create materials with superior magnetic properties, which can lead to improved efficiency and reduced energy losses.

    Sustainability Initiatives

    There is a growing trend towards sustainability within the Motor Lamination Material Market, as companies strive to meet environmental regulations and consumer expectations. This shift is prompting the exploration of eco-friendly materials and production processes that minimize environmental impact.

    Integration of Smart Technologies

    The integration of smart technologies into motor systems is influencing the Motor Lamination Material Market. As electric motors become more sophisticated, there is a rising demand for specialized lamination materials that can support advanced functionalities and enhance overall system performance.

    The ongoing evolution in electric vehicle technology is likely to drive increased demand for high-performance motor lamination materials, which are essential for enhancing energy efficiency and reducing weight in electric motors.

    U.S. Department of Energy

    Motor Lamination Material Market Drivers

    Increasing Industrial Automation

    The rise of industrial automation is a significant driver for the Motor Lamination Material Market. As industries adopt automated systems to enhance productivity and efficiency, the demand for electric motors is surging. These motors require high-performance lamination materials to operate effectively. In 2025, the industrial automation market is expected to grow at a CAGR of around 12%, indicating a robust demand for electric motors and, consequently, motor lamination materials. This trend suggests that manufacturers in the Motor Lamination Material Market will need to innovate and provide materials that meet the evolving requirements of automated systems.

    Growing Focus on Energy Efficiency

    The Motor Lamination Material Industry. As industries and consumers alike seek to reduce energy consumption, the demand for efficient electric motors is on the rise. Motor lamination materials play a vital role in minimizing energy losses during operation. In 2025, the energy efficiency market is anticipated to reach a valuation of over 300 billion, indicating a robust demand for products that contribute to energy savings. This trend suggests that manufacturers of motor lamination materials will benefit from the increasing focus on energy-efficient solutions across various sectors.

    Rising Demand for Electric Vehicles

    The increasing demand for electric vehicles (EVs) is a primary driver for the Motor Lamination Material Market. As manufacturers strive to enhance the efficiency and performance of electric motors, the need for high-quality lamination materials becomes paramount. In 2025, the EV market is projected to grow at a compound annual growth rate (CAGR) of approximately 20%, which directly influences the demand for motor lamination materials. These materials are essential for reducing energy losses and improving the overall efficiency of electric motors. Consequently, the Motor Lamination Material Market is likely to experience substantial growth as automotive manufacturers seek to meet the rising consumer preference for sustainable transportation solutions.

    Expansion of Renewable Energy Sources

    The expansion of renewable energy sources is influencing the Motor Lamination Material Market positively. As the world shifts towards sustainable energy solutions, the demand for electric motors in wind turbines and solar energy systems is increasing. These applications require high-quality motor lamination materials to ensure optimal performance and longevity. In 2025, the renewable energy sector is projected to grow at a CAGR of approximately 10%, which will likely drive the demand for motor lamination materials. This trend indicates that manufacturers in the Motor Lamination Material Market must adapt to the evolving needs of the renewable energy sector.

    Technological Innovations in Manufacturing

    Technological advancements in manufacturing processes are significantly impacting the Motor Lamination Material Market. Innovations such as advanced laser cutting and automated production techniques enhance the precision and quality of lamination materials. These improvements not only reduce production costs but also increase the efficiency of the final products. In 2025, the market for advanced manufacturing technologies is expected to expand, with a projected growth rate of around 15%. This trend suggests that manufacturers who adopt these technologies will likely gain a competitive edge, thereby driving the demand for high-performance motor lamination materials.

    Market Segment Insights

    By Lamination Type: Stator Lamination (Largest) vs. Rotor Lamination (Fastest-Growing)

    In the Motor Lamination Material Market, Stator Lamination holds a significant share, dominating the segment due to its essential role in motor efficiency and performance. As a critical component in a variety of electric motors, it attracts a substantial market following, reflecting the larger portion of market demand. In comparison, Rotor Lamination, while currently smaller in share, is rapidly gaining traction as innovation and technology advance in motor design, positioning it as a key player in the evolving landscape.

    Stator Lamination (Dominant) vs. Rotor Lamination (Emerging)

    Stator Lamination is recognized as a dominant segment in the Motor Lamination Material Market, focusing primarily on efficiency and heat dissipation, which are crucial for high-performance applications. This segment benefits from established manufacturing processes and deep integration into various motor types, ensuring a reliable demand. Conversely, Rotor Lamination is emerging rapidly due to its growing importance in the development of advanced motor designs, particularly in electric vehicles (EVs) and renewable energy applications. Its lightweight and high-performance characteristics are driving innovation, attracting new players to the market and fostering a competitive environment that aims to enhance motor efficiency and reduce production costs.

    By Application: Electric Vehicle (Largest) vs. Traction Motor (Fastest-Growing)

    The Motor Lamination Material Market is primarily divided into four key applications: Electric Vehicles, Traction Motors, Industrial Motors, and Home Appliance Motors. Among these, Electric Vehicles hold the largest market share, driven by the increasing demand for sustainable transportation solutions. Following closely, Traction Motors are witnessing rapid growth due to their essential role in electric and hybrid vehicles. Industrial Motors and Home Appliance Motors, while critical, are not experiencing the same level of growth or market share as the previous two applications.

    Electric Vehicle: Dominant vs. Traction Motor: Emerging

    Electric Vehicles represent a dominant force in the Motor Lamination Material Market, as manufacturers increasingly focus on producing energy-efficient solutions that contribute to sustainability goals. This segment is characterized by a wide adoption of advanced motor technologies, which leverage lightweight lamination materials to enhance performance. Conversely, Traction Motors, while currently emerging, are poised for significant growth due to the rise in electric and hybrid vehicle production. These motors are critical for delivering efficient traction and performance, thus motivating manufacturers to innovate and improve lamination material specifications. As the automotive industry shifts towards electrification, both segments are set for transformative changes that will reshape the market.

    By Material: Electrical Steel (Largest) vs. Silicon Steel (Fastest-Growing)

    In the Motor Lamination Material Market, Electrical Steel holds the largest share, dominating the landscape due to its high magnetic permeability and efficiency in reducing energy losses. Silicon Steel follows as a significant player, offering improved performance metrics which appeal to manufacturers looking to optimize motor efficiencies. Amorphous Metal and Ferrite are smaller segments within this market but play critical roles in niche applications where specific performance features are required.

    Electrical Steel (Dominant) vs. Silicon Steel (Emerging)

    Electrical Steel is characterized by its superior magnetic properties, which are essential for the application in electric motors, transformers, and generators, making it the dominant material in the Motor Lamination sector. In contrast, Silicon Steel is emerging rapidly due to the increasing demand for electric vehicles and renewable energy solutions, where it provides improved efficiency and reduced energy losses. Both materials are subject to ongoing technological advancements that enhance their performance versatility, with Electrical Steel remaining the preferred choice in traditional applications while Silicon Steel is gaining traction in innovative designs.

    By End Use Industry: Automotive (Largest) vs. Consumer Electronics (Fastest-Growing)

    In the Motor Lamination Material Market, the distribution of market share among the end-use industries demonstrates a clear dominance of the automotive segment, which continues to be the largest consumer of motor laminations. This is primarily attributed to the growing demand for electric vehicles and advancements in automotive technology that necessitate high-performance materials. The industrial sector follows closely, supported by various machinery and equipment that require efficient motor solutions. Consumer electronics, although smaller in comparison, are gaining significant traction with the rapid proliferation of smart devices and home appliances.

    Automotive (Dominant) vs. Consumer Electronics (Emerging)

    The automotive sector represents the dominant force within the Motor Lamination Material Market, driven by the urge for performance efficiency and the shift towards electric vehicles. Automakers are increasingly investing in advanced technologies that require superior motor laminations. On the other hand, the consumer electronics segment is emerging rapidly as consumers demand more sophisticated, energy-efficient products. This growth is fueled by innovation in smart technology, leading to a rise in compact motors that offer greater operational efficiency. Both segments exhibit distinct needs, with automotive focusing on durability and reliability while consumer electronics prioritize miniaturization and energy savings.

    Get more detailed insights about Motor Lamination Material Market

    Regional Insights

    North America : Innovation and Demand Surge

    North America is witnessing significant growth in the Motor Lamination Material Market, driven by increasing demand for electric vehicles and renewable energy solutions. The region holds approximately 35% of the global market share, making it the largest market. Regulatory support for clean energy initiatives and advancements in manufacturing technologies are key catalysts for this growth. The United States and Canada are the leading countries in this market, with major players like General Electric Company and Siemens AG establishing a strong presence. The competitive landscape is characterized by innovation and strategic partnerships among key players, ensuring a robust supply chain and technological advancements in motor lamination materials.

    Europe : Sustainability and Innovation Focus

    Europe is emerging as a pivotal player in the Motor Lamination Material Market, driven by stringent environmental regulations and a strong push towards sustainable energy solutions. The region accounts for approximately 30% of the global market share, making it the second largest market. Initiatives like the European Green Deal are fostering innovation and investment in electric mobility and energy-efficient technologies. Leading countries such as Germany, France, and the Netherlands are at the forefront of this transition, with key players like BASF SE and Thyssenkrupp AG actively contributing to market growth. The competitive landscape is marked by collaborations between manufacturers and research institutions, enhancing the development of advanced motor lamination materials.

    Asia-Pacific : Rapid Industrialization and Growth

    Asia-Pacific is rapidly becoming a powerhouse in the Motor Lamination Material Market, fueled by industrialization and increasing investments in electric vehicle production. The region holds around 25% of the global market share, with countries like Japan and China leading the charge. Government initiatives promoting electric mobility and energy efficiency are significant growth drivers in this market. Japan, with companies like Nippon Steel Corporation and Mitsubishi Electric Corporation, is a key player, while China is witnessing a surge in demand due to its vast automotive industry. The competitive landscape is characterized by a mix of established players and emerging startups, all vying for market share in this dynamic environment.

    Middle East and Africa : Emerging Markets and Opportunities

    The Middle East and Africa (MEA) region is gradually emerging in the Motor Lamination Material Market, driven by increasing industrial activities and investments in renewable energy projects. The region currently holds about 10% of the global market share, with significant growth potential as countries diversify their economies and focus on sustainable energy solutions. Leading countries like South Africa and the UAE are beginning to invest in electric mobility and energy-efficient technologies. The competitive landscape is still developing, with opportunities for both local and international players to establish a foothold in this growing market. Key players are exploring partnerships to enhance their market presence and capitalize on emerging opportunities.

    Key Players and Competitive Insights

    The Motor Lamination Material Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for energy-efficient solutions. Key players such as BASF SE (Germany), Nippon Steel Corporation (Japan), and Siemens AG (Germany) are strategically positioning themselves through innovation and partnerships. BASF SE (Germany) focuses on developing advanced materials that enhance the efficiency of electric motors, while Nippon Steel Corporation (Japan) emphasizes the production of high-performance steel laminations. Siemens AG (Germany) is leveraging its expertise in digital transformation to optimize manufacturing processes, thereby enhancing product quality and reducing costs. Collectively, these strategies contribute to a competitive environment that prioritizes technological innovation and operational efficiency.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain resilience. This approach appears to be particularly effective in a moderately fragmented market, where the collective influence of key players shapes pricing strategies and product offerings. The emphasis on supply chain optimization is evident as companies seek to mitigate risks associated with global disruptions, thereby ensuring a steady flow of high-quality motor lamination materials to meet growing demand.

    In August 2025, Thyssenkrupp AG (Germany) announced a strategic partnership with a leading electric vehicle manufacturer to supply specialized motor lamination materials. This collaboration is expected to enhance Thyssenkrupp AG's market presence in the rapidly expanding electric vehicle sector, aligning with the global shift towards sustainable transportation solutions. The partnership not only strengthens Thyssenkrupp AG's product portfolio but also positions the company as a key player in the transition to electric mobility.

    In September 2025, Mitsubishi Electric Corporation (Japan) unveiled a new line of high-efficiency motor laminations designed for industrial applications. This launch reflects Mitsubishi Electric Corporation's commitment to innovation and sustainability, as the new products are engineered to reduce energy losses significantly. By focusing on high-performance materials, the company aims to capture a larger share of the market, particularly in sectors that prioritize energy efficiency and environmental responsibility.

    In October 2025, General Electric Company (United States) announced the expansion of its manufacturing capabilities in Europe, specifically targeting the production of advanced motor lamination materials. This strategic move is indicative of General Electric Company's intent to enhance its competitive edge in the European market, where demand for energy-efficient solutions is surging. The expansion is expected to facilitate quicker response times to customer needs and strengthen the company's supply chain.

    As of October 2025, the Motor Lamination Material Market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence in manufacturing processes. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, it is likely that competitive differentiation will evolve, with a pronounced shift from price-based competition to a focus on technological advancements, product innovation, and supply chain reliability. This transition underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in the market.

    Key Companies in the Motor Lamination Material Market market include

    Industry Developments

    • Q2 2024: EuroGroup Laminations inaugurates new manufacturing facility in Mexico to meet growing demand for EV motor laminations EuroGroup Laminations S.p.A., a leading manufacturer of motor laminations, opened a new production facility in Mexico in May 2024 to expand its capacity for electric vehicle motor components and serve North American automotive customers.
    • Q1 2024: Tempel Steel Company announces partnership with major EV manufacturer for supply of high-efficiency motor lamination materials Tempel Steel Company entered into a strategic partnership in March 2024 with a leading electric vehicle manufacturer to supply advanced silicon steel laminations for next-generation EV motors.
    • Q2 2024: Godrej & Boyce expands motor lamination production capacity with new line at Mumbai plant Godrej & Boyce Mfg. Co. Ltd. announced in June 2024 the commissioning of a new production line at its Mumbai facility, increasing output of motor lamination materials for automotive and industrial applications.
    • Q2 2024: Polaris Laser Laminations LLC launches advanced laser-cutting technology for high-precision motor laminations Polaris Laser Laminations LLC introduced a new laser-cutting process in April 2024, enabling production of ultra-thin, high-precision motor laminations for electric motors and generators.
    • Q1 2024: Sinotech Inc. secures contract to supply motor lamination materials for renewable energy project in California Sinotech Inc. announced in February 2024 that it won a contract to provide motor lamination materials for a large-scale wind energy project in California, supporting the development of high-efficiency generators.
    • Q2 2024: Thomson Lamination Company invests in new stamping equipment to boost production of EV motor laminations Thomson Lamination Company revealed in May 2024 an investment in advanced stamping machinery at its Ohio plant, aimed at increasing output and quality of laminations for electric vehicle motors.
    • Q2 2024: Pitti Engineering Limited announces expansion of Hyderabad facility for motor lamination manufacturing Pitti Engineering Limited disclosed in June 2024 the expansion of its Hyderabad manufacturing site, adding new capacity for motor lamination production to meet rising demand from automotive and industrial sectors.
    • Q1 2024: HV Wooding Ltd. wins contract to supply precision motor laminations for aerospace applications HV Wooding Ltd. announced in March 2024 that it secured a contract to deliver precision motor laminations for use in aerospace propulsion systems, marking its entry into the aviation sector.
    • Q2 2024: Partzsch Group opens new R&D center focused on advanced motor lamination materials Partzsch Group inaugurated a research and development center in Germany in May 2024, dedicated to innovating new materials and processes for high-efficiency motor laminations.
    • Q1 2024: EuroGroup Laminations S.p.A. signs multi-year supply agreement with leading EV manufacturer EuroGroup Laminations S.p.A. announced in February 2024 a multi-year agreement to supply motor lamination materials to a major electric vehicle manufacturer, strengthening its position in the automotive sector.
    • Q2 2024: LCS Company launches new product line of bonded motor laminations for industrial automation LCS Company introduced a new range of bonded motor laminations in April 2024, targeting the growing industrial automation market with improved efficiency and durability.
    • Q1 2024: EuroGroup Laminations S.p.A. completes acquisition of regional motor lamination manufacturer in Eastern Europe EuroGroup Laminations S.p.A. completed the acquisition of a motor lamination manufacturer in Eastern Europe in January 2024, expanding its geographic footprint and production capabilities.

    Future Outlook

    Motor Lamination Material Market Future Outlook

    The Motor Lamination Material Market is projected to grow at a 5.87% CAGR from 2024 to 2035, driven by advancements in electric vehicle technology and increasing demand for energy-efficient motors.

    New opportunities lie in:

    • Development of high-performance, lightweight lamination materials for electric motors.
    • Expansion into emerging markets with tailored product offerings.
    • Investment in R&D for innovative manufacturing processes to reduce costs.

    By 2035, the market is expected to achieve robust growth, positioning itself as a leader in sustainable motor solutions.

    Market Segmentation

    Motor Lamination Material Market Material Outlook

    • Electrical Steel
    • Silicon Steel
    • Amorphous Metal
    • Ferrite

    Motor Lamination Material Market Application Outlook

    • Electric Vehicle
    • Traction Motor
    • Industrial Motor
    • Home Appliance Motor

    Motor Lamination Material Market Lamination Type Outlook

    • Stator Lamination
    • Rotor Lamination

    Motor Lamination Material Market End Use Industry Outlook

    • Automotive
    • Industrial
    • Consumer Electronics

    Report Scope

    MARKET SIZE 20241.412(USD Billion)
    MARKET SIZE 20251.495(USD Billion)
    MARKET SIZE 20352.645(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.87% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesAdvancements in electric vehicle technology drive demand for high-performance Motor Lamination Materials.
    Key Market DynamicsRising demand for energy-efficient motors drives innovation in motor lamination materials and manufacturing processes.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected market valuation of the Motor Lamination Material Market by 2035?

    The Motor Lamination Material Market is projected to reach a valuation of 2.645 USD Billion by 2035.

    What was the market valuation of the Motor Lamination Material Market in 2024?

    In 2024, the market valuation of the Motor Lamination Material Market was 1.412 USD Billion.

    What is the expected CAGR for the Motor Lamination Material Market during the forecast period 2025 - 2035?

    The expected CAGR for the Motor Lamination Material Market during the forecast period 2025 - 2035 is 5.87%.

    Which companies are considered key players in the Motor Lamination Material Market?

    Key players in the Motor Lamination Material Market include BASF SE, Nippon Steel Corporation, Thyssenkrupp AG, and Siemens AG.

    What are the main segments of the Motor Lamination Material Market?

    The main segments of the Motor Lamination Material Market include Lamination Type, Application, Material, and End Use Industry.

    What is the valuation of Stator Lamination in the Motor Lamination Material Market?

    The valuation of Stator Lamination in the Motor Lamination Material Market is projected to grow from 0.847 USD Billion to 1.575 USD Billion.

    How does the valuation of Electric Vehicle applications in the Motor Lamination Material Market change from 2024 to 2035?

    The valuation of Electric Vehicle applications is expected to increase from 0.5 USD Billion to 0.95 USD Billion from 2024 to 2035.

    What is the projected growth for the Industrial Motor segment in the Motor Lamination Material Market?

    The Industrial Motor segment is projected to grow from 0.4 USD Billion to 0.8 USD Billion by 2035.

    What materials are primarily used in the Motor Lamination Material Market?

    The primary materials used in the Motor Lamination Material Market include Electrical Steel, Silicon Steel, and Amorphous Metal.

    What is the expected valuation for the Automotive end-use industry in the Motor Lamination Material Market by 2035?

    The expected valuation for the Automotive end-use industry in the Motor Lamination Material Market is projected to rise from 0.565 USD Billion to 1.065 USD Billion by 2035.

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