Global Automotive Motor Core Supply, Demand and Key Producers, 2026-2032
Description
The global Automotive Motor Core market size is expected to reach $ 5736 million by 2032, rising at a market growth of 10.8% CAGR during the forecast period (2026-2032).
The automotive motor core in this report refers specifically to the automotive drive motor core.
The drive motor core is one of the core components of the drive motor of electric vehicles and hybrid vehicles, and is mainly used in the stator and rotor parts of the motor. The core is usually made of highly magnetic silicon steel sheets (also known as electrical steel sheets) stacked together. This material has excellent electromagnetic properties and low iron loss characteristics, which can effectively improve the efficiency and power density of the motor. The main function of the drive motor core is to guide the magnetic flux when the motor is working, reduce the magnetic flux loss, and establish a strong magnetic field between the stator and rotor of the motor, thereby realizing the conversion of electrical energy and mechanical energy. In the manufacturing process, the stamping, lamination and insulation treatment of the core are very important, which directly affects the performance, noise and heat dissipation efficiency of the motor. With the rapid development of the new energy vehicle market, efficient, lightweight and low-loss drive motor cores have become the key direction of motor technology innovation.
At the regional level, China's automotive motor core market has changed rapidly in the past few years, accounting for about 50% of the world, and it is expected that the global share will reach 54% by 2030.
China is the world's largest automobile market, and it is also the largest and fastest-growing country for new energy vehicles. In 2023, China's new energy vehicle production will be 9.587 million units, and sales will reach 9.495 million units, up 35.8% and 37.9% year-on-year respectively. New energy vehicles continue to maintain rapid growth, which has greatly increased the automotive industry's demand for motor core products. However, it can be observed that the development of the new energy vehicle market has gradually stabilized since 2024, and the automotive motor core market will also begin to slow down in the future.
With the surge in sales of new energy vehicles, the automotive industry's demand for drive motor cores has grown rapidly, and consumers' requirements for motors have continued to increase. Manufacturers use silicon steel, amorphous alloys, soft ferrites and other materials to improve the performance of motors.
And thinner silicon steel sheets are still being developed. And in order to pursue higher efficiency and higher speed, self-bonding is used to ensure the integrity of the core stacking structure and solve the problem that ultra-thin silicon steel sheets are more difficult to stack and assemble.
This report studies the global Automotive Motor Core production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Automotive Motor Core and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Automotive Motor Core that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Automotive Motor Core total production and demand, 2021-2032, (K Units)
Global Automotive Motor Core total production value, 2021-2032, (USD Million)
Global Automotive Motor Core production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Automotive Motor Core consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Automotive Motor Core domestic production, consumption, key domestic manufacturers and share
Global Automotive Motor Core production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Automotive Motor Core production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Automotive Motor Core production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Automotive Motor Core market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsui High-tec, Fine-Stamping, JFE, Zhejiang Shiri Electromechanical Technology, r.bourgeois, Jiangsu Lianbo Precision Technology, ChangyingXinzhi, YONGRONG Power, POSCO, Foshan Precision Power Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Automotive Motor Core market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Automotive Motor Core Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Automotive Motor Core Market, Segmentation by Type:
Welded motor core
Interlocking motor core
Buckle stack motor core
Bonding motor core
Global Automotive Motor Core Market, Segmentation by Application:
NEV
PHEV
Companies Profiled:
Mitsui High-tec
Fine-Stamping
JFE
Zhejiang Shiri Electromechanical Technology
r.bourgeois
Jiangsu Lianbo Precision Technology
ChangyingXinzhi
YONGRONG Power
POSCO
Foshan Precision Power Technology
XLDJ
Key Questions Answered:
1. How big is the global Automotive Motor Core market?
2. What is the demand of the global Automotive Motor Core market?
3. What is the year over year growth of the global Automotive Motor Core market?
4. What is the production and production value of the global Automotive Motor Core market?
5. Who are the key producers in the global Automotive Motor Core market?
6. What are the growth factors driving the market demand?
The automotive motor core in this report refers specifically to the automotive drive motor core.
The drive motor core is one of the core components of the drive motor of electric vehicles and hybrid vehicles, and is mainly used in the stator and rotor parts of the motor. The core is usually made of highly magnetic silicon steel sheets (also known as electrical steel sheets) stacked together. This material has excellent electromagnetic properties and low iron loss characteristics, which can effectively improve the efficiency and power density of the motor. The main function of the drive motor core is to guide the magnetic flux when the motor is working, reduce the magnetic flux loss, and establish a strong magnetic field between the stator and rotor of the motor, thereby realizing the conversion of electrical energy and mechanical energy. In the manufacturing process, the stamping, lamination and insulation treatment of the core are very important, which directly affects the performance, noise and heat dissipation efficiency of the motor. With the rapid development of the new energy vehicle market, efficient, lightweight and low-loss drive motor cores have become the key direction of motor technology innovation.
At the regional level, China's automotive motor core market has changed rapidly in the past few years, accounting for about 50% of the world, and it is expected that the global share will reach 54% by 2030.
China is the world's largest automobile market, and it is also the largest and fastest-growing country for new energy vehicles. In 2023, China's new energy vehicle production will be 9.587 million units, and sales will reach 9.495 million units, up 35.8% and 37.9% year-on-year respectively. New energy vehicles continue to maintain rapid growth, which has greatly increased the automotive industry's demand for motor core products. However, it can be observed that the development of the new energy vehicle market has gradually stabilized since 2024, and the automotive motor core market will also begin to slow down in the future.
With the surge in sales of new energy vehicles, the automotive industry's demand for drive motor cores has grown rapidly, and consumers' requirements for motors have continued to increase. Manufacturers use silicon steel, amorphous alloys, soft ferrites and other materials to improve the performance of motors.
And thinner silicon steel sheets are still being developed. And in order to pursue higher efficiency and higher speed, self-bonding is used to ensure the integrity of the core stacking structure and solve the problem that ultra-thin silicon steel sheets are more difficult to stack and assemble.
This report studies the global Automotive Motor Core production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Automotive Motor Core and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Automotive Motor Core that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Automotive Motor Core total production and demand, 2021-2032, (K Units)
Global Automotive Motor Core total production value, 2021-2032, (USD Million)
Global Automotive Motor Core production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Automotive Motor Core consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Automotive Motor Core domestic production, consumption, key domestic manufacturers and share
Global Automotive Motor Core production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Automotive Motor Core production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Automotive Motor Core production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Automotive Motor Core market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsui High-tec, Fine-Stamping, JFE, Zhejiang Shiri Electromechanical Technology, r.bourgeois, Jiangsu Lianbo Precision Technology, ChangyingXinzhi, YONGRONG Power, POSCO, Foshan Precision Power Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Automotive Motor Core market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Automotive Motor Core Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Automotive Motor Core Market, Segmentation by Type:
Welded motor core
Interlocking motor core
Buckle stack motor core
Bonding motor core
Global Automotive Motor Core Market, Segmentation by Application:
NEV
PHEV
Companies Profiled:
Mitsui High-tec
Fine-Stamping
JFE
Zhejiang Shiri Electromechanical Technology
r.bourgeois
Jiangsu Lianbo Precision Technology
ChangyingXinzhi
YONGRONG Power
POSCO
Foshan Precision Power Technology
XLDJ
Key Questions Answered:
1. How big is the global Automotive Motor Core market?
2. What is the demand of the global Automotive Motor Core market?
3. What is the year over year growth of the global Automotive Motor Core market?
4. What is the production and production value of the global Automotive Motor Core market?
5. Who are the key producers in the global Automotive Motor Core market?
6. What are the growth factors driving the market demand?
Table of Contents
124 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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