Dublin, March 01, 2019 (GLOBE NEWSWIRE) -- The "Motor Lamination Market by Application (Performance, Comfort, and Safety), Material, Technology, Motor Type (Power Steering & Window, Adaptive front light, and Other), ICE & Electric Vehicle, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The motor lamination market is estimated to grow from USD 12.6 billion in 2018 to USD 18.6 billion by 2025, at a CAGR of 5.76%
Asia Oceania has emerged as a hub for automotive production in recent years because of changing consumer preferences, increasing disposable income of the middle-class population, and cost advantages for OEMs. Increasing automobile production is the key growth driver for the motor lamination market. With the increase in production and sales of different vehicle types, the demand for required motors in vehicles used for different applications will increase, resulting in an upsurge in demand for motor lamination.
Additionally, high-end luxury vehicles are equipped with more comfort and safety features. These features are driven by power electronics and function using specific application motors. Also, high-end luxury vehicles require high-performance motors which leads to the manufacturing of high precision lamination sheets and design by experts. Many players are still following the old trends and designs of manufacturing motor laminations such as stamping and welding, and hence, can see this factor as a major opportunity for expansion.
The motor lamination market in Asia Oceania is projected to grow at a CAGR of 5.22% during the forecast period. It is projected to reach USD 6.63 billion by 2025. In 2017, Asia Oceania accounted for 53.4% of the total global production of passenger cars and LCVs. China accounted for a 55% share of the regional production followed by Japan with 17.7%.
According to industry experts, China is the largest market for small passenger cars. With the increasing focus on electric vehicles, China is projected to remain the largest market for passenger cars and LCVs.Players such as Euro Group Laminations, Laser Technologies, Lamination Specialties, Tempel, R. Bourgeois, and Lawkim Motors are considered as the visionary leaders in the field of manufacturing motor laminations.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities In Motor Lamination Market
4.2 Asia Oceania: Motor Lamination Market, By Application & Country
5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increase In Stringency Of Emission And Fleet-Level Regulations Have Pushed OEMs To Produce And Sell Electric Vehicles
5.1.1.2 Increase In Demand For High-Performance Motors With The Rising Sales Of Luxury Vehicles
5.1.2 Restraints
5.1.2.1 High Capital Investments In Lamination Technologies
5.1.2.2 Low Demand For Motors In Developing Countries
5.1.2.3 In-House Manufacturing Of Motor Lamination By OEMs/ Tier I To Restrict The Growth Of Motor Lamination Companies
5.1.3 Opportunities
5.1.3.1 Increase In Demand For High Precision Lamination Sheets And Design By Experts
5.1.3.2 Advancements In Lamination Technology
5.1.4 Challenges
5.1.4.1 Adoption Of New Technologies
5.1.4.2 Complexity In Lamination Design And Oem-Specific Requirements
6 Industry Trend
6.1 Introduction
6.2 Impact Analysis
6.2.1 Increase In Demand For Electric And Hybrid Vehicles
6.2.2 Introduction Of High Voltage Battery
6.3 Revenue Impact
6.4 Porter's Five Forces Analysis
7 Motor Lamination Market, By Application
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights
7.2 Performance
7.2.1 Europe Is The Second Largest Performance Motor Lamination Market
7.3 Comfort
7.3.1 Asia Oceania Is The Second Fastest Growing Comfort Motor Lamination Market
7.4 Safety
7.4.1 Asia Oceania Is The Largest Growing Safety Motor Lamination Market
8 Motor Lamination Market, By Motor Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights
8.2 Electric Water Pump Motor
8.3 Radiator Cooling Fan Motor
8.4 Electronic Throttle Valve Control Motor
8.5 Electronic Variable Gear Ratio Motor
8.6 Electronic Variable Valve Timing Motor
8.7 Variable Nozzle Turbo Motor
8.8 Adjustable Pedal Motor
8.9 Electric Power Steering Motor
8.10 Wiper Motor
8.11 Starter Motor
8.12 EGR Motor
8.13 Fuel Pump Motor
8.14 Power Antenna Motor
8.15 Air Conditioner Motor
8.16 Door Mirror Motor
8.17 Power Window Motor
8.18 Tilt Steering Column Motor
8.19 Blower Motor
8.20 Power Seat Motor
8.21 Electric Sunroof Motor
8.22 Door Closer Motor
8.23 Cruise Control Motor
8.24 Adaptive Front Light Motor
8.25 Electronic Stability Control Motor
8.26 ABS Motor
8.27 Electronic Parking Brake Motor
9 Motor Lamination Market, By Material
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Industry Insights
9.2 Cold Rolled Non-Oriented (CRNO)
9.2.1 Europe Is The Second Largest Market For CRNO
9.3 Cold Rolled Non-Grain Oriented (CRNGO)
9.3.1 Asia Oceania Is The Largest Market For CRNGO
9.4 Others
9.4.1 Manufacturers Are Shifting Towards High-Grade Materials
10 Motor Lamination Market, By Technology
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 Industry Insights
10.2 Welding
10.2.1 Asia Oceania Is Expected To Be The Largest Market For Welding Technology
10.3 Bonding
10.3.1 Europe Is Estimated To Be The Fastest Growing Market For Bonding Technology
10.4 Others
10.4.1 Asia Oceania Is Expected To Be The Largest Growing Market During The Forecast Period
11 Motor Lamination Market, By Vehicle Type
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
11.2 Passenger Car
11.2.1 Europe Is Expected To Be The Second Largest Market For Passenger Car Segment
11.3 Light Commercial Vehicles
11.3.1 North America Is Expected To Be The Largest Growing Market For Lcv Segment
11.4 Truck
11.4.1 Asia Oceania Is Expected To Be The Largest Growing Market For Truck Segment
11.5 Bus
11.5.1 Asia Oceania Is Expected To Be The Fastest Growing Market For Bus Segment
12 Motor Lamination Market, By Electric Vehicle Type
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumptions
12.1.3 Industry Insights
12.2 Battery Electric Vehicles
12.2.1 Europe Is The Second Largest Market For BEV Segment
12.3 Hybrid Electric Vehicles
12.3.1 Asia Oceania Is The Largest Growing Motor Lamination Market
12.4 Plug-In Hybrid Electric Vehicles
12.4.1 Asia Oceania Is Expected To Be The Largest Growing Market For PHEVs
13 Motor Lamination Market, By Region
14 Competitive Landscape
14.1 Overview
14.2 Market Share Analysis
14.3 Competitive Leadership Mapping
14.4 Competitive Leadership Mapping: Motor Lamination Key Manufacturers
14.5 Competitive Scenario
15 Company Profiles
15.1 Tempel
15.2 Euro Group Laminations
15.3 R. Bourgeois
15.4 Lawkim Motors
15.5 Lamination Specialties
15.6 Alinabal
15.7 Pitti Laminations Ltd.
15.8 Partzsch Elektromotoren E.K.
15.9 Wingard & Co
15.10 Laser Technologies
15.11 Additional Companies
15.11.1 LCS Company
15.11.2 Orchid
15.11.3 Lake Air
15.11.4 Polaris Laser Laminations
15.11.5 Thomas Laminations
15.11.6 Aperam
15.11.7 Sinotech
15.11.8 Laser Laminations
15.11.9 Unilam Pressings
15.11.10 Magcore
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