Global Motor Lamination Market 2020-2024

Global Motor Lamination Market 2020-2024

Technavio has been monitoring the motor lamination market and it is poised to grow by $ 4.21 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on motor lamination market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of automotive motors and rise in number of transformer installations. In addition, increasing adoption of automotive motors is anticipated to boost the growth of the market as well.

The motor lamination market analysis includes material segment and geographical landscapes.

Technavio's motor lamination market is segmented as below:

By Material

• Silicon steel
• Cold rolled lamination steel
• Cobalt alloys
• Nickel alloys
• Others

By Geographical Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the supportive regulatory policies for wind energy projects as one of the prime reasons driving the motor lamination market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our motor lamination market covers the following areas:

• Motor lamination market sizing
• Motor lamination market forecast
• Motor lamination market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motor lamination market vendors that include Alinabal Inc., Alliance Steel, Big River Steel LLC, EuroGroup Spa, Orchid, PARTZSCH Group, Pitti Engineering Ltd., R BOURGEOIS SA, Tempel Steel Co., and United States Steel Corp. Also, the motor lamination market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.