Global Motor Lamination Market: Introduction
Motor lamination refers to stator lamination and rotor lamination in the commercial market. The motor lamination process is an essential part of motor designing. The increase in automobile production is the key factor that drives the global motor lamination market. Boost in production and sales of different types of vehicles across various regions has augmented the demand for motors used in vehicles for different applications. This is likely to increase the demand for motor lamination.
Global Motor Lamination Market: Competitive Landscape
Euro Group S.p.A.
Founded in 1987, Euro Group S.p.A. is headquartered in Milan, Italy. The company is involved in supply of products such as electric motors and generators for manufacturers. It offers electrical steel laminations, die cast rotors, carbide dies, blanked and notched laminations, compound tools, and laminations and components for small electrical motors for prototypes and series products. The company provides its products and services for aerospace, domestic appliance, power tool, compressor, elevator and lift, automotive, hermetic motor, pump, machine tools, energy production, and handling equipment applications.
Alliance Steel, Inc.
Incorporated in 1971, Alliance Steel, Inc. is based in Oklahoma City, Oklahoma, U.S. The company is engaged in manufacturing of steel building and steel building components. The company is specialized in standing seam metal roofing, retro-fit roofing systems, steel buildings, mini-warehouse systems, metal building components, and metal wall panels. Alliance Steel, Inc. operates as a subsidiary of Associated Steel Group, LLC from January 2014.
To Get Glimpse of what our report offers, Ask for a Report Brochure here
Pitti Engineering Limited
Established in 1983, Pitti Engineering Limited is headquartered in Hyderabad, India. The company was formerly known as Pitti Laminations Limited. It manufactures electrical steel laminations, sub-assemblies, motor cores, die-cast rotors, and press tools. The company has already extended their operations into developing of castings, machined components stator and steel fabricated parts along with rotor assemblies with plans of diversifying into forgings.
United States Steel Corp.
Incorporated in 1901, United States Steel Corp. is based in Souderton, Pittsburgh, Pennsylvania, U.S. It is engaged in production and selling of tubular steel and flat-rolled steel products primarily in North America and Europe. The company operates through three business segments: North American Flat-Rolled (Flat-Rolled), Tubular Products (Tubular), and U.S. Steel Europe (USSE).
Tempel Steel Company, Inc.
Established in 1945, Tempel Steel Company, Inc. is located in Chicago, Illinois, U.S. The company is a leading manufacturer of precision magnetic steel laminations for automotive, generator, transformer, motor, and lighting industries. It has its manufacturing facilities in China, India, Canada, Mexico, and the U.S.
Other prominent players operating in the global motor lamination market include Partzsch Elektromotoren E.K., Wingard & Co., Laser Technologies, Lawkim Motors Group, and R. Bourgeois.
Global Motor Lamination Market: Dynamics
Integration of In-wheel Microdrive Systems
The in-wheel microdrive system refers to a direct drive system in which the wheel is directly connected to a motor without any gearbox. This system enables small motors to gain high torque. Furthermore, this system minimizes the space occupancy and gives large room for the battery pack and luggage. In the past, conventional motor inverter system caused the motor to become unusable if there was any failure in any unit of the inverter. The microdrive system work with reduced performance even though one of their units fails. Such advantages are anticipated to have a positive impact on the global motor lamination market in the next few years.
High Manufacturing Cost and Fluctuation in Raw Material Prices
Fabrication of motor lamination material requires a considerable amount of mechanical energy as well as forces. Thus, it enhances the overall cost of manufacturing of motor lamination materials. In addition, any fluctuation in raw material prices causes a hesitation among manufacturers regarding their adoption, thereby hindering the global motor lamination market.
To Get a Bird’s Eye View of Market Forecast, Ask for a Custom Report here
Global Motor Lamination Market: Segmentation
The global motor lamination market can be segmented based on:
- Material Type
- Vehicle Type
- Electric Vehicle Type
Global Motor Lamination Market Segmentation – By Material Type
Depending on material type, the global motor lamination market can be divided into:
- Nickel Alloys
- Cobalt Alloys
Global Motor Lamination Market Segmentation – By Technology
In terms of technology, the global motor lamination market can be segregated into:
Global Motor Lamination Market Segmentation – By Vehicle Type
Based on vehicle type, the global motor lamination market can be classified into:
- Passenger Car
- Light Commercial Vehicles
Global Motor Lamination Market Segmentation – By Electric Vehicle Type
In terms of electric vehicle type, the global motor lamination market can be split into:
- Battery Electric Vehicles
- Hybrid Electric Vehicles
- Plug-in Hybrid Electric Vehicles
Global Motor Lamination Market Segmentation – By Application
Depending on application, the global motor lamination market can be divided into:
The report on the global motor lamination market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The global motor lamination market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on the global motor lamination market segments and geographies.
Regional analysis of the global motor lamination market includes:
- North America
- Asia Pacific
- Middle East & Africa (MEA)
- South America